EEFT FY 2016 Earnings Report — Euronet Worldwide, Inc. Revenue & Financial Results | Market Cap Arena

Euronet Worldwide, Inc.EEFT

FY 2016 Earnings

Reported March 1, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$2.0B	—	$1.8B	—	10.5%
Op. Income	$250M	—	$205M	—	21.9%
Gross Margin	40.0%	—	39.0%	—	1.1pp
Net Margin	8.9%	—	5.6%	—	3.3pp
EPS (Diluted)	$3.23	—	$1.83	—	76.5%
Free Cash Flow	$304M	—	$140M	—	116.6%

Revenue Flow

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$1.2B
GROSS PROFIT	$784M
R&D Expenses	$12M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$454M
Other Expenses	$81M
Operating Expenses	$534M
Cost & Expenses	$1.7B
OPERATING INCOME	$250M
Interest Income	$2M
Interest Expense	$29M
Other Income/Expenses	-$17M
INCOME BEFORE TAX	$233M
Income Tax Expense	$59M
Net Income from Continuing Ops	$174M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$174M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$174M
D&A	$81M
EBIT	$250M
EBITDA	$330M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$1.2B
GROSS PROFIT	$784M
R&D Expenses	$12M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$454M
Other Expenses	$81M
Operating Expenses	$534M
Cost & Expenses	$1.7B
OPERATING INCOME	$250M
Interest Income	$2M
Interest Expense	$29M
Other Income/Expenses	-$17M
INCOME BEFORE TAX	$233M
Income Tax Expense	$59M
Net Income from Continuing Ops	$174M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$174M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$174M
D&A	$81M
EBIT	$250M
EBITDA	$330M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$174M
Depreciation & Amortization	$81M
Stock-Based Compensation	$15M
Deferred Income Tax	$850.0K
Other Non-Cash Items	$137M
Change in Working Capital	-$88M
OPERATING CASH FLOW	$392M
Capital Expenditure	-$87M
Acquisitions (Net)	-$68M
Purchases of Investments	$0
Sales/Maturities of Investments	$12M
Other Investing Activities	-$49M
NET CASH FROM INVESTING	-$136M
Net Debt Issuance	$149M
Common Stock Repurchased	-$77M
Common Dividends Paid	$0
Other Financing Activities	$8M
NET CASH FROM FINANCING	$80M
FREE CASH FLOW	$304M
Net Change in Cash	$355M

Balance Sheet

Item	Amount
Cash & Equivalents	$728M
Short-Term Investments	$0
Net Receivables	$503M
Inventory	$78M
Other Current Assets	$153M
TOTAL CURRENT ASSETS	$1.6B
PP&E (Net)	$202M
Goodwill	$690M
Intangible Assets	$165M
Long-Term Investments	-$44M
Tax Assets	$44M
Other Non-Current Assets	$71M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$2.7B
Account Payables	$457M
Short-Term Debt	$32M
Deferred Revenue	$44M
Other Current Liabilities	$64M
TOTAL CURRENT LIABILITIES	$1.2B
Long-Term Debt	$562M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$44M
Other Non-Current Liabilities	$65M
TOTAL NON-CURRENT LIABILITIES	$633M
TOTAL LIABILITIES	$1.8B
Common Stock	$1M
Additional Paid-In Capital	$1.0B
Retained Earnings	$279M
Treasury Stock	-$215M
Accum. Other Comp. Income	-$211M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$901M
Minority Interest	$1M
TOTAL EQUITY	$902M
TOTAL LIABILITIES & EQUITY	$2.7B
Total Debt	$604M
Net Debt	-$124M