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

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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.

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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.

JOHNS CREEK, Ga., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare, and e-learning industries today announced the following results for the quarter ended September 30, 2022:

Ebix Q3 2022 Revenues Increased 35% YoY, Q3 2022 Operating Income of $30.4 Million with 8% YoY Growth, Q3 2022 Diluted EPS of $0.59 with 18% YoY Growth and Q3 2022 Operating Cash Flow of $23.6 Million with 30% YOY Growth

Ebix, a US company, has morphed and grown over the decades into a multi-faceted SaaS and fintech outfit with diverse operations sprinkled across the globe. Consistently profitable with consistently growing revenue, Ebix has taken investors on a wild ride over the course of its decades on the public markets.

Whether Or Not EbixCash IPO Succeeds, Ebix Is A Buy

JOHNS CREEK, Ga., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare and e-learning industries, today announced that the Company will report its 2022 third quarter results on Wednesday, November 9, 2022, and will host an investor conference call at 11:00 am ET on the same day to discuss the Company's performance. The call is open to the public.

Ebix Hosts Q3 Investor Call Wednesday, November 9, 2022 at 11:00 a.m. ET

JOHNS CREEK, Ga., Oct. 21, 2022 (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, today announced provided an update on the state of its business while reaffirming a strong business outlook for the future.

Ebix Reaffirms Strong Business Outlook and Announces Formation of Strategic Investment Committee of Independent Board Members

NOIDA, India and JOHNS CREEK, Ga., Oct. 03, 2022 (GLOBE NEWSWIRE) -- EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, today announced that its Foreign Exchange Division - EbixCash World Money, has signed a strategic partnership agreement with Al Fardan Exchange LLC, UAE for import and export of Foreign Currency Banknotes. The agreement was inked by Mr. Hasan Jaber Al Fardan, Deputy Chief Executive Officer – Business Strategy, Al Fardan Exchange LLC and Mr. T.C. Guruprasad, Managing Director, EbixCash Payment Solutions Division in the presence of senior management teams of both the entities.

EbixCash Signs Strategic Partnership Agreement with Al Fardan Exchange, UAE

NOIDA, India and JOHNS CREEK, Ga., Sept. 29, 2022 (GLOBE NEWSWIRE) -- EbixCash Limited, a subsidiary of 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, today announced that its Foreign Exchange Division - EbixCash World Money, has won the Airport Authority of India contract for operating money exchange business at the prestigious Amritsar International Airport.

EbixCash Wins 3 -Year Contract from Amritsar International Airport

NOIDA, India and JOHNS CREEK, Ga., Sept. 28, 2022 (GLOBE NEWSWIRE) -- EbixCash Private Limited, a subsidiary of 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, today announced that it has been awarded the prestigious order to design, develop, build, install, maintain, operate and transfer the Intelligent Transport Management System (ITMS) for all the state buses run by the North Bengal State Transport Corporation (NBSTC).

EbixCash Wins Long-term Bus Exchange Contract from North Bengal State Transport Corporation

The massive -44.80% 6-month price performance of EBIX has made it very affordable. It touts a TTM P/E of 8.7x. The average TTM P/E of EBIX's sector peers is 20.59x. EBIX's net income margin is 57% higher than its peers.

Ebix: Affordable Bet On The Fast-Growing Fintech Industry

NOIDA, India and JOHNS CREEK, Ga., Sept. 14, 2022 (GLOBE NEWSWIRE) -- EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, today announced that its Foreign Exchange Division - EbixCash World Money, has launched the EbixCash Globetrotter Multicurrency Prepaid Card.

EbixCash Globetrotter Travel Card Launched with INR 100 Cr ($12.6 million) of Business Within Six Weeks of Launch

NOIDA, India and Johns Creek, Ga., Aug. 25, 2022 (GLOBE NEWSWIRE) -- EbixCash Private Limited, a subsidiary of 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, today announced that it has been awarded the prestigious order to design, develop, build, install, maintain, operate and transfer the Intelligent Transport Management System (ITMS) for all the state buses run by the South Bengal State Transport Corporation (SBSTC).

EbixCash Wins Prestigious Long-term Contract from South Bengal State Transport Corporation

JOHNS CREEK, Ga., Aug. 19, 2022 (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 today that Aspida Life Insurance Company (“Aspida”), a life insurance and annuity company, will leverage both Ebix's AnnuityNet platform to increase distribution within the banking channel and Ebix's Consulting Division for its overall project delivery and DTCC workflow.

Ebix Signs Aspida to Join its Annuity Exchange Platform

JOHNS CREEK, Ga., Aug. 19, 2022 (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, today announced that its Board of Directors has declared a regular quarterly dividend of 7.5 cents per common share. The dividend is payable September 15, 2022 to shareholders of record at the close of business on September 1, 2022.

Ebix Declares 7.5 Cent Quarterly Dividend, Payable September 15, 2022 to Shareholders of Record as of September 1, 2022

Ebix, Inc. (NASDAQ:EBIX ) Q2 2022 Results Conference Call August 9, 2022 11:00 AM ET Company Participants Darren Joseph - Corporate, VP Robin Raina - Chairman, President and CEO Steve Hamil - Global CFO Ash Sawhney - North American President Conference Call Participants Jeff Van Rhee - Craig-Hallum Robert Maltbie - Singular Research Operator Ladies and gentlemen, thank you for standing by, and welcome to the Ebix, Inc. Second Quarter 2022 Investor Call. At this time all participants are in a listen-only mode.

Ebix, Inc. (EBIX) CEO Robin Raina on Q2 2022 Results - Earnings Call Transcript

JOHNS CREEK, Ga., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare, and e-learning industries today announced the following results for the quarter ended June 30, 2022:

With Worldwide Revenues (Excluding Pre-Paid Cards) in Q2 2022 Increasing 32% Year-over-Year, Ebix Announces Q2 2022 Results

JOHNS CREEK, Ga., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare and e-learning industries, today announced that the Company will report its 2022 second quarter results on Tuesday, August 9, 2022, and will host an investor conference call at 11:00 am ET on the same day to discuss the Company's performance. The call is open to the public.

Ebix Hosts Q2 Investor Call Tuesday, August 9, 2022 at 11:00 a.m. ET

NOIDA, India, July 21, 2022 (GLOBE NEWSWIRE) -- EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, today announced the appointment of Jammu & Kashmir Bank's entire network spanning 1,000 branches as a sub-agent, to facilitate international remittance services for its Ria Money transfer business. The Money Transfer functionality will be going live on 15th of August, 2022 coinciding with India's 75th Independence Day celebrations on that day

EbixCash and J&K Bank Sign Agreement to Facilitate Money Transfer Services Across the Bank's 1,000 Branches

LOS ANGELES--(BUSINESS WIRE)---- $EBIX #EBIX--The Schall Law Firm Encourages Investors in Ebix, Inc. with Losses of $100,000 to Contact the Firm

INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Ebix, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - July 15, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ebix, Inc. ("Ebix" or "the Company") (NASDAQ: EBIX) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Ebix is the subject of a report published by Hindenburg Research on...

INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in Ebix, Inc. with Losses of $100,000 to Contact the Firm

INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Ebix, Inc. with Losses of $100,000 to Contact the Firm

Hindenburg Research published a short thesis on Ebix, creating FUD by combining old news and some superficial research. Ebix stock went down by more than 35% due to the short attack and has not fully recovered.

Ebix: Even More Attractive After Price Drop Due To Short Attack

JOHNS CREEK, Ga., July 11, 2022 (GLOBE NEWSWIRE) -- EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, today announced that its Payments Solution Division has been honored with two awards for leading the growth of Euronet Worldwide, Inc.'s Ria Money Transfer business in India. Ria is the second largest consumer remittance company in the world today. EbixCash - a subsidiary of Ebix, Inc. (NASDAQ: EBIX) is a leader in the international remittance business in India, based on gross transactional value.

EbixCash's Payments Solution Division Receives Two Awards from the World's Second Largest Consumer Remittance Company - Ria

NOIDA, India, July 08, 2022 (GLOBE NEWSWIRE) -- EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, today announced that its Foreign Exchange Division - EbixCash World Money, has launched the Self Booking Corporate tool for business and corporates travelers, to further empower corporates with a spectrum of digital foreign exchange services.

EbixCash World Money Launches Self Booking Corporate Tool for Foreign Exchange Services

JOHNS CREEK, Ga., July 07, 2022 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), (the “Company”) a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, travel, healthcare and e-learning industries today announced that the Delhi Court has blocked the publishing of the Hindenburg Report in India, with immediate effect. Further, the Court, vide its Order, has directed Google LLC and Twitter, Inc to take down relevant URLs (as specified in the Order) from the Indian domain pertaining to the Hindenburg Report.

Indian Sessions Court Blocks Publishing of Hindenberg Short Report in India

JOHNS CREEK, Ga., June 21, 2022 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), (the “Company”) a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, travel, healthcare and e-learning industries today provided clarifications related to nature and metrics of businesses and brands that underlay its overall EbixCash business.

Ebix Provides Clarifications on the Nature & Metrics of its EbixCash Businesses

NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Ebix, Inc. (“Ebix” or the “Company”) (NASDAQ: EBIX) on behalf of Ebix stockholders. Our investigation concerns whether Ebix has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On June 16, 2022, Hindenburg issued a short report on Ebix titled, “Ebix: This House

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