Euronet Worldwide, Inc. (OQ:EEFT)

Business Focus: Transaction & Payment Services

Sector:  Industrials Industry:  Business Support Services
See Regulatory Filings on SEC
Company Contact
Address: 3500 College Blvd
LEAWOOD KS 66211-1901
Tel: 1-913-3274200
IR: See website
Key People
Michael J. Brown
Chairman of the Board, President, Chief Executive Officer
Rick L. Weller
Chief Financial Officer, Executive Vice President
Jeffrey B. Newman
Executive Vice President, General Counsel
Juan C. Bianchi
Executive Vice President, Chief Executive Officer - Money Transfer Segment
Kevin J. Caponecchi
Executive Vice President, Chief Executive Officer - epay, Software and EFT Asia Pacific Division
Nikos Fountas
Executive Vice President, Chief Executive Officer - EFT Europe, Middle East and Africa Division
Martin L. Bruckner
Senior Vice President, Chief Technology Officer
Business Overview
Euronet Worldwide, Inc. is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products. It operates in three segments: EFT Processing Segment provides electronic payment solutions consisting of ATM cash withdrawal and deposit services, outsourced ATM and POS management solutions, and credit and debit card outsourcing; epay Segment provides electronic distribution and processing of prepaid mobile airtime and other electronic payment products and collection services, and Money Transfer Segment provides global consumer-to-consumer money transfer services and global account-to-account money transfer services.
Financial Overview
For the three months ended 31 March 2020, Euronet Worldwide, Inc. revenues increased 1% to $583.9M. Net income decreased 94% to $1.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by EFT Processing segment income decrease of 71% to $4.9M, Money Transfer segment income decrease of 28% to $22.3M, Corporate Services.
Employees: 7,700 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $5,398M as of Mar 31, 2020
Annual revenue (TTM): $2,757M as of Mar 31, 2020
EBITDA (TTM): $566.62M as of Mar 31, 2020
Net annual income (TTM): $288.40M as of Mar 31, 2020
Free cash flow (TTM): $459.59M as of Mar 31, 2020
Net Debt Last Fiscal Year: $598.43M as of Mar 31, 2020
Shares outstanding: 52,205,743 as of May 6, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization