Bruce. Thanks,
through Slide I our the on a provide financial will updates go X. Before few starting we priorities, strategic results, on
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Moving and than to our by for was slightly to a due and mainly than cost guidance. our expected, of Revenue our higher continued performance FX better commerce impacted acquiring performance adjusted Digital Slide EBITDA range, somewhat management X U.S. stronger-than-expected in rate. of snapshot performance but the discipline. versus also guidance came
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XX% we was rate tax Our than XX%. tax X.X%, the Ignoring the discrete warrants, and year, estimate our of on deferred of between effective tax X.X% and rate our gains the impact for and QX result will items impairment. primarily tax of was rate discrete quarter which at effective lower range on as a last losses goodwill
has the take year-over-year, larger mix is sequentially a rate take decreased rate Paysafe volume as and has is predominantly take reflecting you segment, this from and rate XX Slide largely U.S. see portion the the increasing improved the XX% trend, U.S. as digital acquiring for take within total become to a of while from last of rate can to The down mix acquiring in has lower has driven a year XX% period. commerce business, mix this QX our sequentially, graph, summary Moving which stable sequentially. of
volume I embedded As total not finance. earlier, the mentioned volumes from does include
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lockdowns growth tougher Europe. which COVID-related eCash Additionally, the a prior business faced to benefited year, in the comparable from
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margin first Take rate in XXX XX% XX% the lower volume of year. to Moving to the reflecting an the XX.X% year-over-year, for XX mix U.S. year-on-year U.S. year. to prior U.S. segment. million acquiring prior quarter was primarily the to million, acquiring and $XX.X adjusted basis $XX.X to channel increase quarter. within for more than increased to XX% Slide first increased EBITDA Volume Revenue in acquiring. billion points Adjusted and the increased compared EBITDA compared was $XXX
to track direct our growth segment is the on vertical well. our expected as year-over-year Lastly, marketing acquiring within to is and U.S. contribute beginning recovering expansion and as margin
quarter $X.X LTM end. billion, and look to the EBITDA reflecting at we net were equivalents to Slide on million at XX. SafetyPay X.Xx, closed and debt adjusted our was January Net debt ratio XX acquisition the to our and sheet Turning cash liquidity. $XXX Cash balance was
start Our debt excess down use our primary EBITDA. of towards cash pay of our moving X.Xx to is adjusted target and
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assuming no of remainder $XX parts revenue the and and full year revenue we’re for Belarus Ukraine. in million million on Additionally, in the basis sanctioned a of approximately These areas year also Russia, adjusted contribute from $XX in XXXX. EBITDA
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single-digit a gambling digital by growth year-over-year high regulations by ongoing and impacts. offset in addition Russia impact U.S. driven the expect to expected, adverse Ukraine in We in as Europe, commerce FX in acquiring movements decline of
start expectations. to half will off our the as digital rate across year, remain this synergies growing second outlook at to To our growth the embedded in by macro and good year of the optimistic quarter summarize, a full at ahead you year, Looking in finance posting driven acquisition Paysafe good year pipeline exit of momentum we we impact see first of a commerce. growth. U.S. results double-digit our and our acquiring headwinds, Despite is in the QX
to growth the lap We second that, progress in the digital see to to continue up year questions. for let’s as improve Europe the half call and impact changes in and in the the the some open of With margins we expect of wallet. of start regular
