Trade Everi Holdings Inc. - EVRI CFD

Everi Holdings Company profile

About Everi Holdings Inc

Everi Holdings Inc. is a holding company. The Company operates through subsidiaries, including Everi Games Holding Inc. (Everi Games Holding) and Everi Payments Inc. (Everi Payments or Payments). The Company is a supplier of imaginative entertainment and technology solutions for the casino and digital gaming industry. The Company operates through two segments: Games and FinTech. Its Games segment provides solutions directly to gaming establishments to offer their patrons gaming entertainment- related experiences, including leased gaming equipment; sales of gaming equipment; gaming systems; digital online solutions; and ancillary products, and services. The FinTech segment provides solutions directly to gaming establishments to offer their patrons cash access-related services and products, including access to cash and cashless funding at gaming facilities through debit withdrawals; credit card cash access transactions and point of sale debit card cash access transactions.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Everi Holdings Inc revenues increased 72% to $660.4M. Net income totaled $152.9M vs. loss of $81.7M. Revenues reflect Gaming segment increase of 88% to $376.7M, FinTech segment increase of 55% to $283.7M. Net Income reflects Gaming segment income totaling $102M vs. loss of $46.4M, FinTech segment income increase from $41M to $95.5M.

Equity composition

Common Stock $.001 Par, 3/11, 500M auth., 85,107,000 issd., less 20,642,000 shs. in Treas @ $145.1M. Insiders own 0.60%. IPO: 09/06/05, 16.1M shs. @ $12-$14 by Goldman, Sachs & Co.