“$FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value Capital”
Shift4 dining POS revenue grew from $70M (2021) to $400M run rate (mid-2026); this is a real organic growth story supported by proprietary tech and surcharging adoption.
Shift in 2021 4 Dining POS Before starting, Their Harbortouch POS system From nominal 40 million One dollar The line item was . Yearly If you calculate Seen: 2021 70 million in 2018 Dollar, in 2022 110 million, 180 in 2023 Million, 2024 In 250 Million, 2025 In 340 Million.
Now In 2026 In the middle We are 400. Million dollars I am at a run rate.