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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Enterprise Payments | 82.5 | 22.1 | 12.9 | 11.7 | | | |
SMB Payments | 562.2 | 475.6 | 370.5 | 334.2 | | | |
Consumer Payments | | | | | 347.0 | 357.2 | |
Other | 18.9 | 17.1 | 20.9 | 26.0 | 28.8 | 25.0 | |
Total revenues | 663.6 | 514.9 | 404.3 | 371.9 | 375.8 | 382.2 | 344.1 |
Revenue growth [+] | 28.9% | 27.3% | 8.7% | -1.1% | -1.7% | 11.1% | |
Enterprise Payments | 272.8% | 71.6% | 10.3% | | | | |
SMB Payments | 18.2% | 28.4% | 10.9% | | | | |
Consumer Payments | | | | | -2.8% | | |
Commercial Payments | | | | -4.0% | 8.2% | | |
Cost of goods sold [+] | 65.1 | 43.8 | 39.5 | 42.2 | 307.6 | 310.9 | 32.3 |
Labor costs | | | | | 38.3 | 32.4 | |
Gross profit | 598.6 | 471.1 | 364.8 | 329.6 | 68.2 | 71.3 | 311.8 |
Gross margin | 90.2% | 91.5% | 90.2% | 88.6% | 18.2% | 18.7% | 90.6% |
Selling, general and administrative | 35.0 | 28.4 | 25.8 | 30.8 | 32.1 | 22.1 | 16.9 |
Other operating expenses | 435.6 | 359.9 | 277.4 | 252.6 | | | 255.8 |
EBITDA [+] | 128.0 | 82.8 | 61.6 | 46.3 | 36.1 | 49.2 | 39.1 |
EBITDA growth | 54.7% | 34.3% | 33.2% | 28.1% | -26.5% | 25.7% | |
EBITDA margin | 19.3% | 16.1% | 15.2% | 12.4% | 9.6% | 12.9% | 11.4% |
Depreciation | 9.5 | 8.5 | 7.7 | 6.7 | 5.0 | 4.2 | 2.8 |
EBITA | 118.5 | 74.3 | 53.9 | 39.6 | 31.1 | 45.0 | 36.3 |
EBITA margin | 17.9% | 14.4% | 13.3% | 10.6% | 8.3% | 11.8% | 10.5% |
Amortization of intangibles | 61.2 | 41.2 | 33.1 | 32.4 | 14.7 | 10.5 | 11.9 |
EBIT [+] | 57.4 | 33.1 | 20.9 | 7.2 | 16.4 | 34.5 | 24.4 |
EBIT growth | 73.3% | 58.6% | 190.4% | -56.2% | -52.5% | 41.5% | |
EBIT margin | 8.6% | 6.4% | 5.2% | 1.9% | 4.4% | 9.0% | 7.1% |
Non-recurring items [+] | 1.2 | | | | | | -1.5 |
Unusual expense | 1.2 | | | | | | 1.2 |
Loss on contingent liability | | | | | | | -2.7 |
Interest expense, net [+] | 53.6 | 36.5 | 44.8 | 40.7 | 29.3 | 24.4 | 4.8 |
Interest expense | 53.6 | 36.5 | 44.8 | 40.7 | 29.9 | 25.1 | 4.8 |
Interest income | | | | | 0.6 | 0.6 | |
Other income (expense), net [+] | 5.9 | -5.7 | 116.8 | 1.5 | -9.9 | -6.2 | -0.9 |
Gain (loss) on sale of assets | | 7.6 | 107.2 | | | | |
Other | 0.6 | 0.2 | 0.6 | 0.7 | | -5.6 | -0.9 |
Pre-tax income | 8.6 | -9.1 | 92.9 | -31.9 | -22.8 | 3.8 | 20.2 |
Income taxes | 5.4 | -5.3 | 10.9 | 0.8 | -2.5 | 0.0 | 0.0 |
Tax rate | 62.6% | 57.6% | 11.7% | | 10.9% | 0.0% | 0.0% |
Net income | -39.0 | -24.6 | 25.7 | -33.6 | -20.3 | 3.8 | 20.2 |
Net margin | -5.9% | -4.8% | 6.3% | -9.0% | -5.4% | 1.0% | 5.9% |
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Basic EPS [+] | ($0.50) | ($0.34) | $0.38 | ($0.50) | ($0.33) | $0.06 | $0.15 |
Growth | 45.6% | -189.7% | -176.3% | 51.8% | -677.0% | -62.7% | |
Diluted EPS [+] | ($0.50) | ($0.34) | $0.38 | ($0.50) | ($0.33) | $0.06 | $0.15 |
Growth | 45.6% | -189.8% | -176.2% | 51.8% | -677.0% | -62.7% | |
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Dividends per share [+] | $0.15 | $0.10 | | | $0.11 | $0.05 | $0.08 |
Growth | 41.2% | | | -100.0% | 126.9% | -33.5% | |
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Shares outstanding (basic) [+] | 78.2 | 71.9 | 67.2 | 67.1 | 61.6 | 67.1 | 131.7 |
Growth | 8.8% | 7.1% | 0.1% | 8.9% | -8.2% | -49.0% | |
Shares outstanding (diluted) [+] | 78.2 | 71.9 | 67.3 | 67.1 | 61.6 | 67.1 | 131.7 |
Growth | 8.8% | 6.9% | 0.3% | 8.9% | -8.2% | -49.0% | |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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