Euronet Worldwide

Euronet Worldwide, Inc. engages in the provision of electronic payment and transaction processing solutions for financial institutions, retailers, service providers, and individual consumers. It operates through the following segments: Electronic Fund Transfer (EFT) Processing, Epay, Money Transfer, and Corporate Services, Eliminations, and Other. The EFT Processing segment focuses on electronic payment solutions consisting of automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, and card issuing and merchant acquiring services. The Epay segment offers prepaid mobile airtime and other electronic content and payment processing services for various prepaid products, cards, and services throughout its worldwide distribution network. The Money Transfer segment refers to money transfer services, primarily under the brand names Ria, AFEX Money Express, and IME, and global account-to-account money transfer services under the brand names HiFX and xe. The Corporate Services, Eliminations, and Other segment provides corporate and other administrative services to the operating segments, including most share-based compensation expense. The company was founded by Daniel R. Henry and Michael J. Brown in 1994 and is headquartered in Leawood, KS.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Euronet Worldwide reports robust Q4 earnings, eyes digital growth

Euronet Worldwide's Q4 performance reflects strong financials and growth potential in key segments despite challenges from currency fluctuations and inflation. The company remains optimistic about future growth opportunities, particularly in digital money transfer and strategic investments. Focus on regions with strong currency contributions and expansion in profitable segments are key strategies for sustained growth.

Euronet Worldwide posts robust Q1 results, eyes expansion opportunities

Euronet Worldwide (EEFT) delivered strong Q1 results with growth across all segments and a positive outlook for the full year, aiming for mid to upper teens earnings growth.
The company's focus on expense control, margin improvement, and strategic acquisitions positions it well for sustained growth and competitive advantage.
Despite challenges like cost pressures and competitive pricing, Euronet remains resilient and optimistic about its ability to outperform expectations in the future.
Opportunities in expanding EFT operations, digital business growth, and strategic acquisitions present avenues for Euronet to enhance profitability and market presence.

Euronet Worldwide posts record Q2 results amidst inflation challenges

Euronet Worldwide's Q2 performance reflects strong revenue and EPS growth, despite challenges in the EFT segment.
The company's strategic strengths lie in its diversified product portfolio, global network expansion, and focus on profitability.
While facing challenges from rising travel costs and economic conditions, Euronet remains optimistic about sustaining double-digit growth and seizing opportunities for expansion.

Euronet Worldwide reports record revenues and outlines growth strategies

Euronet Worldwide's Q3 2023 performance reflects strong revenue growth and a focus on earnings expansion. While facing challenges such as European economic impacts and market saturation, the company is leveraging strengths in diversification and digital growth to pursue opportunities in new markets and digital initiatives.

Euronet Worldwide (EEFT) reports robust Q4 earnings and growth opportunities

Euronet Worldwide (EEFT) delivered strong financial performance in Q4 2023 and full year 2023, showcasing growth across segments and record revenue.
The company's focus on new market expansion, digital strategy, and product diversification positions it well for future success and market leadership.
While facing challenges in competitive pressures and cost impacts, Euronet has opportunities for growth through margin expansion and strategic initiatives.

Euronet Worldwide reports record Q1 earnings amidst growth strategies

Euronet Worldwide delivered strong financial performance in Q1 2024, driven by international transactions and strategic investments.
While facing challenges from inflation and changing payment landscapes, Euronet is leveraging opportunities in digital money transfers and global expansion.
The company's focus on optimizing operations and expanding partnerships positions it well for future growth and profitability.

Euronet Worldwide (EEFT) reports record Q2 results and growth strategies

Euronet Worldwide (EEFT) delivered strong Q2 results with growth across segments
Strategic investments in marketing and digital channels position the company for future growth
Challenges include managing debt levels and sustaining growth momentum in competitive markets
Opportunities lie in leveraging growth prospects in each segment and expanding into new markets

Euronet Worldwide (EEFT) reports record Q3 results and eyes expansion

Euronet Worldwide (EEFT) delivered robust Q3 results with strong segment performance and growth. Despite debt levels, the company is focused on expanding into new markets and driving earnings growth through strategic partnerships and product diversification.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Euronet Worldwide, Inc. engages in the provision of electronic payment and transaction processing and distribution solutions. Its products and services include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, software solutions and cloud based payment solutions, electronic distribution of electronic payment products, foreign exchange services, and international payment services. It operates through the following segments: Electronic Fund Transfer (EFT) Processing, Epay, Money Transfer, and Corporate Services, Eliminations, and Other. The EFT Processing provides electronic payment solutions consisting of ATM cash withdrawal and deposit services, ATM network participation, outsourced ATM and POS management solutions, credit and debit card outsourcing, and card issuing and merchant acquiring services. The Epay segment offers prepaid mobile airtime and other electronic content and payment processing services for various prepaid products, cards, and services throughout its worldwide distribution network. The Money Transfer segment refers to money transfer services, primarily under the brand names Ria, AFEX Money Express, and IME, and global account-to-account money transfer services under the brand names HiFX and xe. The Corporate Services, Eliminations, and Other segment provides corporate and other administrative services to the operating segments, including most share-based compensation expense. The company was founded by Daniel R. Henry and Michael J. Brown in 1994 and is headquartered in Leawood, KS.

Euronet Worldwide has continued to see strong growth across the EFT Processing segment. Additionally, the company looks attractively valued from an earnings standpoint.

Euronet Worldwide: Strong EFT Processing Performance And Attractive Valuation

Euronet Worldwide, Inc. (NASDAQ:EEFT ) Q4 2022 Earnings Conference Call February 8, 2023 9:00 AM ET Company Participants Scott Claassen - General Counsel Rick Weller - Chief Financial Officer Mike Brown - Chairman and Chief Executive Officer Conference Call Participants Rayna Kumar - UBS Andrew Schmidt - Citi Darrin Peller - Wolfe Research Cris Kennedy - William Blair Pete Heckmann - D.A. Davidson Mike Grondahl - Northland Capital Markets Operator Greetings and welcome to the Euronet Worldwide Fourth Quarter and Full-Year 2022 Earnings Conference Call.

Euronet Worldwide, Inc. (EEFT) Q4 2022 Earnings Call Transcript

Euronet (EEFT) fourth-quarter results reflect revenue growth on strong contributions from EFT Processing and Money Transfer segments. Management expects 23% year-over-year growth in Q1 adjusted EPS.

Euronet (EEFT) Q4 Earnings Beat Mark on Segmental Strength

LEAWOOD, Kan., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, today announced an agreement with LATAM digital wallet provider Paga Aqui Servicios SOLFIN (SOLFIN) where Euronet's Ren Payments Platform (Ren) will provide complete issuing services for a minimum of 250,000 prepaid cards and up to 10 million cards over the next 10 years.

Euronet's Ren Payments Platform to Enhance Prepaid Card Issuing Services for Digital Wallet Provider SOLFIN as Company Expands Across the LATAM Region

LEAWOOD, Kan., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. ("Euronet" or the “Company”) (NASDAQ: EEFT) announced today it will release fourth quarter and full year 2022 earnings results prior to the market opening on Wednesday, February 8, 2023. Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results.

Euronet Worldwide Announces Fourth Quarter and Full Year 2022 Earnings Release Date and Conference Call Details

Euronet's (EEFT) expanding footprint in Europe and the fast-growing Asia Pacific region is a major positive.

Euronet (EEFT) Rises 20.9% in 3 Months: More Room for Growth?

LEAWOOD, Kan., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, launched a new visual identity today following an extensive process to refresh its corporate brand strategy. The launch includes a new logo and visual concepts as well as a refined mission statement that reflect the company's original values in increasing global financial inclusion while it continues to push innovation in the financial technology marketplace.

Euronet Launches Refreshed Brand Strategy, Including New Corporate Logo and Refined Mission Statement

Euronet's (EEFT) Ren Payments Platform is likely to make Indonesian BNC's digital payments safer and faster.

Euronet's (EEFT) Ren Platform to Aid BNC's Digitization Efforts

LEAWOOD, Kan., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, today announced its Ren Payments Platform (Ren) will serve as the foundational technology for the digital payments transformation strategy at Bank Neo Commerce (BNC), one of the leading digital banks in Indonesia.

Euronet Worldwide and Its Ren Platform to Drive Payments Transformation Strategy at Indonesian Digital Banking Leader, Bank Neo Commerce (BNC)

UnionPay International strikes a deal with Euronet's (EEFT) epay for its strong distribution network.

Euronet's (EEFT) epay Takes UnionPay QR Code Payments to Europe

Millions of UnionPay card users from around the world, including Chinese tourists, gain access to their favorite mobile payment method for use at European retailers Millions of UnionPay card users from around the world, including Chinese tourists, gain access to their favorite mobile payment method for use at European retailers

epay is first to integrate UnionPay QR code payments in Europe

LEAWOOD, Kan., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, today announced the appointment of Ligia Torres to the Euronet Board of Directors effective December 6, 2022. Her appointment increases the size of the board from eight to nine members.

Euronet Worldwide Announces Appointment of Ligia Torres to Its Board of Directors

Euronet Worldwide reported Q3 financial results on October 21, 2022. The firm provides a wide range of payment processing and related financial services worldwide.

Euronet Worldwide Appears Positioned For Further Growth

Euronet Worldwide's (EEFT) geographic and product-diverse business is expected to play a crucial role in generating growth going ahead.

Should You Hold Euronet Worldwide (EEFT) Stock for Now?

Euronet-powered payments switch to be utilized by central banks, financial institutions, regional mobile wallets and SMEs of the African Continental Free Trade Area, serving more than a billion people in a multitrillion-dollar GDP market Euronet-powered payments switch to be utilized by central banks, financial institutions, regional mobile wallets and SMEs of the African Continental Free Trade Area, serving more than a billion people in a multitrillion-dollar GDP market

Euronet Worldwide Partners with AeTrade Group to Build Landmark Real-Time Cross-Border Payments Solution for the African Continent

Euronet's (EEFT) third-quarter results reflect improved U.S.-outbound transactions within the Money Transfer segment. Management anticipates adjusted EBITDA within $125-$135 million for Q422.

Euronet's (EEFT) Stock Up 8% on Q3 Earnings and Revenue Beat

Acquisition of High-Growth Money Transfer Operator in South Africa Provides Opportunities for Broader Reach, License to Operate in Region and Strong Digital Capabilities Acquisition of High-Growth Money Transfer Operator in South Africa Provides Opportunities for Broader Reach, License to Operate in Region and Strong Digital Capabilities

Ria Money Transfer Expands Presence in South Africa Through Acquisition of Sikhona

LEAWOOD, Kan., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Euronet Worldwide Inc. (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, announced today a strategic collaboration with TNG Digital Sdn. Bhd. (TNG Digital) to expand the use of its Touch ‘n Go eWallet that serves approximately 18 million users in Malaysia.

Euronet Worldwide Announces Strategic Partnership with TNG Digital to Power One of the Largest Non-Bank Prepaid Card Programs in Malaysia

LEAWOOD, Kan., Oct. 24, 2022 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading global electronic payments provider and distributor, today announced the Company has amended its unsecured revolving credit facility to increase the facility from $1.030 billion to $1.250 billion. The Company also extended the maturity date by approximately four years from October 17, 2023, to October 24, 2027, with a syndicate of domestic and international financial institutions.

Euronet Amends and Extends its Unsecured Revolving Credit Facility

Euronet Worldwide, Inc. (NASDAQ:EEFT ) Q3 2022 Earnings Conference Call October 21, 2022 9:00 AM ET Company Participants Scott Claassen - General Counsel Michael Brown - Chairman and CEO Rick Weller - CFO Kevin Caponecchi - EVP and CEO, epay, Software and EFT Asia Pacific Division Conference Call Participants Andrew Schmidt - Citi Andrew Jeffrey - Truist David Togut - Evercore Darrin Peller - Wolfe Research Ken Suchoski - Autonomous Research Operator Good day ladies and gentlemen, and thank you for standing by. Welcome to the Euronet's Worldwide Third Quarter 2022 Earnings Call.

Euronet Worldwide, Inc. (EEFT) Q3 2022 Earnings Call Transcript

LEAWOOD, Kan., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (“Euronet” or the “Company”) (NASDAQ: EEFT), a leading electronic payments provider, reports third quarter 2022 financial results.

Euronet Worldwide Reports Year-over-Year Double Digit Revenue and Operating Income Growth Supported by Strong Results From All Three Segments

Euronet Worldwide (EEFT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Euronet Worldwide (EEFT) Earnings Expected to Grow: Should You Buy?

LEAWOOD, Kan., Oct. 07, 2022 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. ("Euronet" or the “Company”) (NASDAQ: EEFT) announced today it will release third quarter 2022 earnings results prior to the market opening on Friday, October 21, 2022. Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results.

Euronet Worldwide Announces Third Quarter 2022 Earnings Release Date and Conference Call Details

Company establishes independent ATMs in the Philippines and also acquires 500 ATMs from Bank of the Philippine Islands Company establishes independent ATMs in the Philippines and also acquires 500 ATMs from Bank of the Philippine Islands

Euronet Worldwide Expands ATM Network Into Southeast Asia

Euronet (EEFT) expects 2022 earnings per share to incorporate a downside of 10 cents related to the Russia/Ukraine conflict.

News for Euronet Worldwide Stock (EEFT)