Tom McCrohan

[Tom McCrohan @mccrohan]

@WesternLensman @mirandadevine So clear he was anything but unbiased and feel sorry for the families that had to endure this commencement address. Do better Wake Forest.

[Tom McCrohan @mccrohan]

Finally dropped after all the CLASH...Diamond hands paying off fr.
@majarsingh868 @lehao3779 @asimdas14879911

[Tom McCrohan @mccrohan]

Finally dropped after all the CLASH...Diamond hands paying off fr.
@MutsuddiOrka @komplit20 @kataalfaaja

[Tom McCrohan @mccrohan]

Finally dropped after all the CLASH...Diamond hands paying off fr.
@Berretaaa @hyemu66 @mistak3nn

[Tom McCrohan @mccrohan]

Finally dropped after all the CLASH...Diamond hands paying off fr.
@sahil72731994x @Heri3012 @mohere98

[Tom McCrohan @mccrohan]

Finally dropped after all the CLASH...Diamond hands paying off fr.
@KepoWae16 @Skylark778 @Bomevo4

[Tom McCrohan @mccrohan]

Finally dropped after all the CLASH...Diamond hands paying off fr.
@keplrpay @vvipzk @sarjopol

[Tom McCrohan @mccrohan]

Finally dropped after all the CLASH...Diamond hands paying off fr.
@Gares241 @JrApon257783 @damilare_salman

[Tom McCrohan @mccrohan]

Dan, appreciate all the good work but not the over the top pre-selling of life alterning news that you unfortunately cannot tell us about. This over the top drama you know something but cannot tell us, or even provide a timeline you will tell us, is not cool. We are rooting for you, appreciate your service, and are fans. Just a simple outsider giving feedback cause we want you to win. Keep up the good work.

[Jared Isaacman @rookisaacman]

If you follow me for space, aviation, defense or the occasional political take--no need to read further. This book of a post is for the fintech nerds.

Since I passed on the joy of the quarterly investor letters to @tlaubers, I will use the closing of @Shift4’s largest acquisition to foot stomp this capital allocation machine we have built.

As a payments company, we have long believed that to survive, you must deliver value well beyond a simple transaction ‘approval’ or ‘decline.’ That is why, over the last 26 years, we have built great vertical-specific products, acquired scarce rails and integrated capabilities to create a unified commerce platform—now processing on six continents. As a result, we have grown net revenue (GRLNF) and volume by double digits every year for 26 years, been profitable since 2004 and consistently maintained strong margins and take rates during the best and most challenging of economic times.

Keep in mind, before Shift4, merchants would contract with multiple vendors to stitch together a commerce solution. In fact, many of the services listed below existed as standalone companies in the years past—until a Shift4 product devastated them or an acquisition brought them under our roof. Now, in hindsight, it should be very obvious these were features of a unified platform and should not have been independent companies.

- Merchant acquiring
- Encrypted payment gateway & tokenization
- Gift & loyalty network
- Dynamic currency conversion (critical for international hospitality)
- VAT tax processing (critical for global markets and embedded within is a powerful two-sided network of affluent shoppers)
- Crypto authorization & settlement (including stablecoins)
- POS software for restaurants, hotels, stadiums, and theme parks

Because we now offer all of the above on a single platform, we deliver lower total cost of ownership (fewer vendors... fewer mouths to feed), better service (one throat to choke), and have accumulated a nearly $1 trillion payment opportunity within our existing customer base--before even touching the far broader addressable market.

Meanwhile, competitors either lack key links in the value chain--making them vulnerable to take rate compression--or they buy companies that do essentially what they already do, under the belief that more scale will fix product or capability shortcomings.

What we have assembled--what we have built--was accomplished through disciplined capital allocation. We never assume capital comes easily, and we never want to get it wrong. We take ownership to ensure the right outcomes, eliminate the parts that slow us down, and execute with urgency.

Global Blue is the latest...and best example in a winning formula.

Jared Isaacman
Executive Chairman & mondo shareholder

[Shift4 @Shift4]

5 years ago, Shift4 rang the bell at the @NYSE. Since then, we've:

🌎 Expanded into 6 continents and 65+ countries
💰 Grown Adjusted EBITDA by 9.6x
💳 Scaled payment volume by 7.x3x
📈 Increased GRLNF by 4.7x
🚀 Delivered 300%+ stock growth

And we're not slowing down anytime soon. #BoldlyForward

[Tom McCrohan @mccrohan]

@NASAhistory What were the origins of the drones sighted over New Jersey in December

[Tom McCrohan @mccrohan]

@rookisaacman @realDonaldTrump Congrats Jared!

[Tom McCrohan @mccrohan]

@UberFacts College tuition

[Jared Isaacman @rookisaacman]

Shift4 made a lot of progress in 2023! Every quarter we delivered consistent growth, record KPIs - expanding margins & FCF

I am proud of the Shift4 team & I'm grateful for all of our amazing customers & partners

Listen to our earnings call here on X (starts at 9:32)👇

[Jared Isaacman @rookisaacman]

We are bringing aerospace to fintech and standing up a Mission Control Center at our Center Valley, PA HQ. I am looking for a leader who has been in this type of role before and ready for a different challenge 🚀

https://t.co/7zoBkQqdEi

[Jared Isaacman @rookisaacman]

I am very proud of the @Shift4 team. We set new records across volume, GRLNF, EBITDA & free cash flow. We featured the hottest customer wins 🔥 & made big progress in our global expansion strategy. We also raised guidance across the board. Boldly Forward🚀
https://t.co/uqysZaYH2M

[Jared Isaacman @rookisaacman]

Time to move on from the ancient way public companies release earnings..

[Tom McCrohan @mccrohan]

I’m going to @Shift4’s upcoming Space. Will you join too? https://t.co/tQI7rJe1RT

[Shift4 @Shift4]

Calling all $FOUR investors!

We’re excited to announce that we will be simulcasting the live audio from our Q2 2023 earnings call right here on Twitter Spaces. Join us back here on August 3, 2023 at 8:30AM ET.

Click below to set a reminder: https://t.co/APedDZlEnM