Ebix

Ebix, Inc. engages in the provision of software and e-commerce services to the insurance, finance, and healthcare industries. It operates through the following product and service channels: EbixCash Exchanges, Insurance Exchanges, and Risk Compliance Solutions. The EbixCash Exchanges channel offers money transfer, payment, and ticketing and travel services. The Insurance Exchanges channel includes software, setup, customization, transaction processing, maintenance, and hosting services. The Risk Compliance Solutions channel consists of certificates of insurance and consulting services. The company was founded in 1976 and is headquartered in Johns Creek, GA.

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q3 2024

Ebix achieves record revenue in 2022 amidst currency challenges

Ebix had a strong year in terms of revenue but faced challenges in Q4 2022, including currency impacts and increased expenses.
The company's EbixCash business showed significant growth, while North America saw market share gains in specific divisions.
Challenges include the EHAE joint venture's impact on revenues and the need to address refinancing and credit facility maturity.
Ebix is focused on seizing growth opportunities, optimizing tax rates, and reducing interest costs through potential IPO and refinancing strategies.

Ebix reports robust Q1 earnings, eyes growth amid challenges

Ebix delivered strong financial performance in Q1 2023 with revenue growth and improved operating income.
The company faces challenges from external factors like inflation and changing revenue recognition rules.
Opportunities lie in expanding EbixCash, pursuing high-margin projects, and enhancing operational efficiency.
Strategic focus on debt reduction and growth initiatives demonstrate a proactive approach to financial management.
Maintaining operating margins and navigating revenue materiality concerns are key priorities for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ebix is a leading international supplier of software and e-commerce solutions to the insurance industry. They provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development for all entities involved in the insurance and financial industries. Their powers businesses in more than 50 countries across six continents.

NOIDA, India and JOHNS CREEK, Ga., Aug.  26, 2019  (GLOBE NEWSWIRE) -- Ebix Inc. (NASDAQ: EBIX), the leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that one of its subsidiaries in India, EbixCash Financial Technologies has partnered for a strategic collaboration with PMS Bazaar to introduce a one-stop portfolio management services (PMS) & alternative investment funds (AIF) tracking portal for investors.

PMS Bazaar & EbixCash Partner for India’s 1st All-in-One Investment Portal

JOHNS CREEK, Ga., Aug.  22, 2019  (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries announced that the Ebix powered Exchange Platform Placing Ltd. (PPL) has surpassed Q2 electronic placing targets. This pioneering Exchange designed, built, deployed and run by Ebix has the unique distinction of being the only insurance Exchange in the world, that has been accepted as a de-facto standard for powering electronic placement of insurance, for the entire market place in London - the world’s largest insurance market.

Ebix Powered PPL Exchange Helps Lloyd’s, London Market Insurers Surpass Q2 Electronic Placing Targets

BERWYN, Pa. and JOHNS CREEK, Ga., Aug.  21, 2019  (GLOBE NEWSWIRE) -- FIDx, the first product-agnostic platform to integrate annuity sales with investment products, today announced a strategic partnership with Ebix Inc. (NASDAQ: EBIX), the leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. Acting as a bridge between insurance carriers and wealth managers, FIDx and Ebix have partnered to help advisors access a pool of annuity offerings into investment portfolios and address their clients financial planning needs.

Fiduciary Exchange (FIDx) Announces a Strategic Partnership with Ebix, Expanding Annuity Offerings for Advisors

JOHNS CREEK, Ga., Aug.  20, 2019  (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries announced that India Post has unveiled  a corporate customized  stamp to commemorate the 20th anniversary of Ebix’s foreign exchange, remittances, payment solutions Indian subsidiary company - EbixCash World Money.

India Post Unveils Stamp to Commemorate 20th Anniversary of EbixCash World Money

JOHNS CREEK, Ga., Aug.  19, 2019  (GLOBE NEWSWIRE) -- Ebix Inc. (NASDAQ: EBIX), the leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced the results of the Company’s annual meeting of shareholders, that was held on August 15, 2019 at Alpharetta, Georgia 30022.

Ebix Announces Results of the Company’s Annual Shareholders Meeting

Ebix, Inc. (EBIX) CEO Robin Raina on Q2 2019 Results - Earnings Call Transcript

Agilent Technologies

Applied Optoelectronics

Apple

Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?

The Truth About Market Timing - July 30, 2019

A complex, fast growing multiple platform company, mostly in travel, finance and insurance, with large potential economies of scale and scope.

Ebix Is Booming In All But The Share Price

Yatra Online

Ebix Inc (NASDAQ: EBIX) will buy Yatra Online (NASDAQ: YTRA) in a $338 million deal.

Ebix To Buy Yatra In $338M Deal

Ebix Inc. said Tuesday that it had approved the appointment of up to five investment bankers as it aims for an initial public offering of its EbixCash business in the second quarter of 2020.

Ebix approves up to five bankers for EbixCash IPO next year

Hibbett Sports

PaySign, Inc. Class B

Find out why these stocks missed out on a solid rally on Wall Street.

Why Hibbett Sports, Ebix, and Paysign Slumped Today

The provider of cloud computing services for the financial and insurance industries saw a truly baffling market move.

Why Ebix Shares Crashed Hard Today

Ebix Inc (NASDAQ: EBIX) shares traded lower Monday, with traders attributing the downside to news of regulatory tariffs being imposed by India on the United States.

Ebix Downplays Retaliatory Tariffs By India

Why is EBIX stock down today? That's a great question that even the software company itself isn't really sure how to answer.

Why Is EBIX Stock Down Today?

Fortinet

Palo Alto Networks

RealPage

Several fast-growing software stocks are poised to outperform despite heightened risks facing the technology sector.

Software Stocks with least Risk and Positive Sales Growth

Ebix, Inc. (EBIX) CEO Robin Raina on Q1 2019 Results - Earnings Call Transcript

Much of Ebix's business comes from EbixCash, its Indian subsidiary which generates most of its revenue through software platforms combined with third-party kiosks.

Ebix, A Cheap Play On India's Digital Economy

Ebix's fourth-quarter sales and earnings beat estimates, but the stock still headed lower last month.

Why Ebix Stock Fell 15.3% in March

News for Ebix Stock (EBIX)