Fidelity National Information Servcs Inc (N:FIS)

Business Focus: Financial Technology & Infrastructure

Sector:  Financials Industry:  Financial & Commodity Market Operators
See Regulatory Filings on SEC
Company Contact
Address: 601 Riverside Ave
Tel: 1-904-4386603
IR: See website
Key People
Gary A. Norcross
Chairman of the Board, President, Chief Executive Officer
Kathleen T. Thompson
Finance Operations Officer
James W. Woodall
Chief Financial Officer, Corporate Executive Vice President
Mark L. Heimbouch
President, Merchant Solutions
Stephanie Ferris
Chief Operating Officer
Gregory G. Montana
Corporate Executive Vice President, Chief Risk Officer
Bruce F. Lowthers
Corporate Executive Vice President, Co-Chief Operating Officer of the Integrated Financial Solutions segment
Marc M. Mayo
Corporate Executive Vice President, Chief Legal Officer
L. Denise Williams
Corporate Executive Vice President, Chief People Officer
Christopher Thompson
Chief Accounting Officer
Business Overview
Fidelity National Information Services, Inc. (FIS) is a financial services technology company. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. The IFS segment is focused on serving the North American clients for transaction and account processing, channel solutions, digital channels, risk and compliance solutions, and services. The GFS segment is focused on serving the financial institutions and international financial institutions with a range of capital markets and asset management and insurance solutions, as well as banking and payments solutions and consulting and transformation services. Its Corporate and Other segments include Global Commercial Services. Through its subsidiary, Worldpay, Inc., it provides enterprise banking, payments, capital markets and e-commerce capabilities to financial institutions and businesses.
Financial Overview
For the three months ended 31 March 2020, Fidelity National Information Servcs Inc revenues increased 50% to $3.08B. Net income decreased 90% to $15M. Revenues reflect North America segment increase of 49% to $2.35B, All others segment increase of 53% to $730M. Net income was offset by Selling, general and administrative expe increase from $361M to $881M (expense), Interest expense increase of 7% to $80M (expense).
Employees: 55,000 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $102,427M as of Mar 31, 2020
Annual revenue (TTM): $11,354M as of Mar 31, 2020
EBITDA (TTM): $5,033M as of Mar 31, 2020
Net annual income (TTM): $165.00M as of Mar 31, 2020
Free cash flow (TTM): $751.00M as of Mar 31, 2020
Net Debt Last Fiscal Year: $16,667M as of Mar 31, 2020
Shares outstanding: 617,736,942 as of Apr 1, 2020
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization