EEFT FY 2021 Earnings Report — Euronet Worldwide, Inc. Revenue & Financial Results | Market Cap Arena

Euronet Worldwide, Inc.EEFT

FY 2021 Earnings

Reported February 22, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$3.0B	—	$2.5B	—	20.7%
Op. Income	$184M	—	$47M	—	294.7%
Gross Margin	36.6%	—	20.2%	—	16.4pp
Net Margin	2.4%	—	-0.1%	—	2.5pp
EPS (Diluted)	$1.32	—	$-0.06	—	2146.5%
Free Cash Flow	$314M	—	$156M	—	101.7%

Revenue Flow

Item	Amount
REVENUE	$3.0B
Cost of Revenue	$1.9B
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$737M
Other Expenses	$174M
Operating Expenses	$911M
Cost & Expenses	$2.8B
OPERATING INCOME	$184M
Interest Income	$700.0K
Interest Expense	$38M
Other Income/Expenses	-$48M
INCOME BEFORE TAX	$136M
Income Tax Expense	$65M
Net Income from Continuing Ops	$71M
Net Income from Discontinued Ops	$0
Other Adjustments	-$87.0K
NET INCOME	$71M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$71M
D&A	$136M
EBIT	$223M
EBITDA	$358M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$3.0B
Cost of Revenue	$1.9B
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$737M
Other Expenses	$174M
Operating Expenses	$911M
Cost & Expenses	$2.8B
OPERATING INCOME	$184M
Interest Income	$700.0K
Interest Expense	$38M
Other Income/Expenses	-$48M
INCOME BEFORE TAX	$136M
Income Tax Expense	$65M
Net Income from Continuing Ops	$71M
Net Income from Discontinued Ops	$0
Other Adjustments	-$87.0K
NET INCOME	$71M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$71M
D&A	$136M
EBIT	$223M
EBITDA	$358M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$71M
Depreciation & Amortization	$136M
Stock-Based Compensation	$37M
Deferred Income Tax	-$2M
Other Non-Cash Items	$273M
Change in Working Capital	-$107M
OPERATING CASH FLOW	$407M
Capital Expenditure	-$92M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$6M
NET CASH FROM INVESTING	-$98M
Net Debt Issuance	$13M
Common Stock Repurchased	-$230M
Common Dividends Paid	$0
Other Financing Activities	$5M
NET CASH FROM FINANCING	-$212M
FREE CASH FLOW	$314M
Net Change in Cash	-$13M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.8B
Short-Term Investments	$0
Net Receivables	$203M
Inventory	$0
Other Current Assets	$1.1B
TOTAL CURRENT ASSETS	$3.3B
PP&E (Net)	$507M
Goodwill	$642M
Intangible Assets	$287M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$0
TOTAL NON-CURRENT ASSETS	$1.4B
TOTAL ASSETS	$4.7B
Account Payables	$194M
Short-Term Debt	$821.0K
Deferred Revenue	$77M
Other Current Liabilities	$1.1B
TOTAL CURRENT LIABILITIES	$1.9B
Long-Term Debt	$1.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$47M
Other Non-Current Liabilities	$58M
TOTAL NON-CURRENT LIABILITIES	$1.6B
TOTAL LIABILITIES	$3.5B
Common Stock	$1M
Additional Paid-In Capital	$1.3B
Retained Earnings	$1.1B
Treasury Stock	-$931M
Accum. Other Comp. Income	-$173M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$43.0K
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$4.7B
Total Debt	$1.6B
Net Debt	-$215M