Ebix Inc (OQ:EBIX)

Business Focus: Enterprise Software

Sector:  Technology Industry:  Software
See Regulatory Filings on SEC
Company Contact
Address: 1 Ebix Way
JOHNS CREEK GA 30097-5781
Tel: N/A
Website: www.ebix.com
IR: See website
Key People
Robin Raina
Chairman of the Board, President, Chief Executive Officer
Sean T. Donaghy
Chief Financial Officer
Leon d'Apice
Executive Vice President & Managing Director - Ebix Australia Group
Graham John Prior
Senior Vice President - International Business & Intellectual Property
James S. Senge
Senior Vice President - EbixHealth
Business Overview
Ebix, Inc. (Ebix) is a supplier of software and e-commerce solutions to the insurance industry. Ebix provides application software products for the insurance industry, including carrier systems, agency systems and exchanges, as well as custom software development. Ebix conducts its operations through four channels, which include Exchanges, Carrier Systems, Broker Systems and Risk Compliance Solutions (RCS). Ebix operates data exchanges in the areas of life insurance, annuities, employee health benefits, risk management, workers compensation, and property and casualty (P&C) insurance. Ebix designs and deploys back-end systems for P&C insurance brokers across the world. Ebix also designs and deploys on-demand and back-end systems for P&C insurance companies. Ebix focus in RCS channel pertains to business process outsourcing services that include providing project management, time and material consulting to clients across the world, and claims adjudication/settlement services.
Financial Overview
For the six months ended 30 June 2019, Ebix Inc revenues increased 23% to $287.2M. Net income decreased 1% to $54.6M. Revenues reflect India segment increase of 76% to $146.8M, Indonesia (Country) segment increase of 54% to $5.2M. Net income was offset by Interest expense increase from $10.6M to $21.6M (expense), General and administrative increase of 17% to $54.3M (expense). Dividend per share remained flat at $0.15.
Employees: 9,263 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $2,003M as of Jun 30, 2019
Annual revenue (TTM): $552.17M as of Jun 30, 2019
EBITDA (TTM): $190.00M as of Jun 30, 2019
Net annual income (TTM): $94.31M as of Jun 30, 2019
Free cash flow (TTM): $59.11M as of Jun 30, 2019
Net Debt Last Fiscal Year: $676.04M as of Jun 30, 2019
Shares outstanding: 30,489,019 as of Aug 8, 2019
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization