EEFT FY 2015 Earnings Report — Euronet Worldwide, Inc. Revenue & Financial Results | Market Cap Arena

Euronet Worldwide, Inc.EEFT

FY 2015 Earnings

Reported February 26, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$1.8B	—	$1.7B	—	6.5%
Op. Income	$205M	—	$159M	—	29.0%
Gross Margin	39.0%	—	37.9%	—	1.1pp
Net Margin	5.6%	—	6.1%	—	-0.5pp
EPS (Diluted)	$1.83	—	$1.89	—	-3.2%
Free Cash Flow	$140M	—	$172M	—	-18.3%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.1B
GROSS PROFIT	$690M
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$416M
Other Expenses	$67M
Operating Expenses	$486M
Cost & Expenses	$1.6B
OPERATING INCOME	$205M
Interest Income	$2M
Interest Expense	$25M
Other Income/Expenses	-$64M
INCOME BEFORE TAX	$141M
Income Tax Expense	$43M
Net Income from Continuing Ops	$98M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$99M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$99M
D&A	$70M
EBIT	$205M
EBITDA	$275M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.1B
GROSS PROFIT	$690M
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$416M
Other Expenses	$67M
Operating Expenses	$486M
Cost & Expenses	$1.6B
OPERATING INCOME	$205M
Interest Income	$2M
Interest Expense	$25M
Other Income/Expenses	-$64M
INCOME BEFORE TAX	$141M
Income Tax Expense	$43M
Net Income from Continuing Ops	$98M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$99M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$99M
D&A	$70M
EBIT	$205M
EBITDA	$275M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$99M
Depreciation & Amortization	$70M
Stock-Based Compensation	$13M
Deferred Income Tax	-$5M
Other Non-Cash Items	$46M
Change in Working Capital	-$59M
OPERATING CASH FLOW	$215M
Capital Expenditure	-$75M
Acquisitions (Net)	-$114M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$119M
NET CASH FROM INVESTING	-$194M
Net Debt Issuance	-$7M
Common Stock Repurchased	-$6M
Common Dividends Paid	$0
Other Financing Activities	$2M
NET CASH FROM FINANCING	-$1M
FREE CASH FLOW	$140M
Net Change in Cash	-$10M

Balance Sheet

Item	Amount
Cash & Equivalents	$458M
Short-Term Investments	$0
Net Receivables	$423M
Inventory	$72M
Other Current Assets	$82M
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$157M
Goodwill	$685M
Intangible Assets	$168M
Long-Term Investments	-$34M
Tax Assets	$34M
Other Non-Current Assets	$51M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$2.2B
Account Payables	$456M
Short-Term Debt	$12M
Deferred Revenue	$36M
Other Current Liabilities	$26M
TOTAL CURRENT LIABILITIES	$904M
Long-Term Debt	$405M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$34M
Other Non-Current Liabilities	$53M
TOTAL NON-CURRENT LIABILITIES	$463M
TOTAL LIABILITIES	$1.4B
Common Stock	$1M
Additional Paid-In Capital	$1.0B
Retained Earnings	$104M
Treasury Stock	-$139M
Accum. Other Comp. Income	-$166M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$826M
Minority Interest	$1M
TOTAL EQUITY	$827M
TOTAL LIABILITIES & EQUITY	$2.2B
Total Debt	$424M
Net Debt	-$34M