Trade Euronet Worldwide Inc - EEFT CFD

Euronet Company profile

About Euronet Worldwide, Inc.

Euronet Worldwide, Inc. is an electronic payments provider. The Company operates through three segments: Electronic Fund Transfer (EFT) Processing Segment, epay Segment, and Money Transfer Segment. The EFT Processing Segment provides 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 provides distribution and processing of prepaid mobile airtime and other electronic content and payment processing services for various prepaid products, cards and services. The Money Transfer Segment provides global consumer-to-consumer money transfer services, primarily under the brand names Ria, AFEX, and IME, and global account-to-account money transfer services under the brand name xe.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Euronet Worldwide, Inc. revenues increased 21% to $3B. Net income totaled $70.7M vs. loss of $3.4M. Revenues reflect Money Transfer segment increase of 18% to $1.4B, Epay segment increase of 21% to $1.01B, EFT Processing segment increase of 26% to $591.1M. Net Income reflects EFT Processing segment loss decrease of 99% to $501K, Money Transfer segment income increase of 100% to $119.6M.

Equity composition

Common $.02 Par, 12/10, 90M auth., 51,462,195 issd., less 250,228 shs. in Treas. @ $1.6M. Insiders control 9.59%. IPO: 3/97,5.3M shares (3,038,650 by the Company) @ $13.50 by ING Baring Secs. *NOTE: 9/01, Name changed from Euronet Services, Inc.