Company: DLX
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000027996-25-000051
Chunk: 141

Company: DELUXE CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 141
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 ensuring that we remain competitive, and identifying areas for improvement. Furthermore, adjusted EBITDA plays a significant role in establishing employee performance-based compensation, aligning employee incentives with our financial goals. The CODM does not review segment asset information when making investment or operating decisions regarding our reportable segments.The following is our segment information for the years ended December 31. The segment information for 2023 and 2022 has been recast to reflect our current segment structure.(in thousands)202420232022Merchant Services:Revenue$384,038 $364,233 $347,709 Other segment items(305,498)(289,834)(276,949)Adjusted EBITDA78,540 74,399 70,760 B2B Payments:Revenue287,851 299,196 307,117 Other segment items(230,763)(237,162)(235,875)Adjusted EBITDA57,088 62,034 71,242 Data Solutions:Revenue234,033 211,788 196,707 Other segment items(173,590)(165,507)(151,874)Adjusted EBITDA60,443 46,281 44,833 Print:Revenue1,205,077 1,261,283 1,276,775 Other segment items(828,476)(860,341)(877,730)Adjusted EBITDA376,601 400,942 399,045 Total reportable segments:Revenue$2,110,999 $2,136,500 $2,128,308 Other segment items(1,538,327)(1,552,844)(1,542,428)Adjusted EBITDA572,672 583,656 585,880 All other:(1)Revenue10,762 55,760 109,702 Other segment items(5,140)(29,834)(79,570)Adjusted EBITDA5,622 25,926 30,132 Total segments:Consolidated revenue$2,121,761 $2,192,260 $2,238,010 Other segment items(1,543,467)(1,582,678)(1,621,998)Adjusted EBITDA578,294 609,582 616,012 (1) Includes businesses sold during 2023 and 2022, including the web hosting, logo design, strategic sourcing, and retail