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.

Ebix Inc. ( EBIX , Financial) is an Atlanta-based company with operations mainly centered in India. It was started by an Indian immigrant, Robin Raina, who leveraged lower-cost Indian IT talent to put together a data exchange solution for the insurance industry.

Ebix Is a Cheap Stock With Impressive Growth, but Has Many Red Flags

NOIDA, India and JOHNS CREEK, Ga., June 07, 2021 (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 the appointment of Mr. S Ravi, as a new independent director to the EbixCash Board. Ravi brings a vast repertoire of experience across banks, financial institutions, insurance companies, tourism industry, stock exchanges and asset management areas - having held Board positions in eminent organizations across these sectors.

EbixCash Appoints Eminent Accounting, Regulatory & Banking Sector Leader - S Ravi to Its Board of Directors, as It Progresses Toward Its Prospective IPO in India

NOIDA, India and JOHNS CREEK, Ga., June 01, 2021 (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 the appointment of Mr. SP Kothari, as a new independent director to the EbixCash Board. Professor Kothari has senior executive experience in government, academia, and industry with expertise in strategic and policy issues, securities regulation, auditing, and corporate governance.

EbixCash Announces Appointment of Renowned Economist SP Kothari to Its Board of Directors

NOIDA, India and JOHNS CREEK, Ga., May 24, 2021 (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 EbixCash Indian subsidiary has engaged Grant Thornton's Indian audit affiliate Walker Chandiok & Co LLP (WCC) to serve as statutory auditors for its EbixCash group of companies in India. In line with the regulations applicable on all international audit firms in India, Grant Thornton in India carries out audit assignments through its affiliate Walker Chandiok & Co LLP.

Grant Thornton India's Assurance Practice Appointed as Statutory Auditors for Ebix's India Centered, EbixCash Operations

JOHNS CREEK, Ga., May 19, 2021 (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 June 15, 2021 to shareholders of record at the close of business on June 2, 2021.

Ebix Declares 7.5 Cent Quarterly Dividend, Payable June 15, 2021, to Shareholders of Record June 2, 2021

For the fiscal year 2020, their Payment Solutions business had year-over-year growth of ~590%. Management is targeting the EbixCash IPO for first quarter of 2022.

Ebix Inc.: A Hidden Jewel In The Payment Solutions Industry

Ebix, Inc. (EBIX) CEO Robin Raina on Q1 2021 Results - Earnings Call Transcript

Shares of Ebix (NASDAQ:EBIX) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share fell 12.50% over the past year to $0.84, which missed the estimate of $0.86.

Recap: Ebix Q1 Earnings

JOHNS CREEK, Ga., May 17, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries today announced the following results for the quarter ended March 31, 2021:

Ebix Announces First Quarter Fiscal Year 2021 Financial Results

JOHNS CREEK, Ga., May 14, 2021 (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 the Company will report its 2021 first quarter results on Monday, May 17th, 2021, 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 Q1 Investor Call Monday, May 17th at 11:00 a.m. ET

JOHNS CREEK, Ga., May 03, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, today announced the appointment of Ms. Priyanka Kaul as a new independent director to the Ebix Board.

Ebix Announces Appointment of Priyanka Kaul to Its Board of Directors

Ebix, Inc. (EBIX) CEO Robin Raina on Q4 2020 Results - Earnings Call Transcript

Shares of Ebix (NASDAQ:EBIX) rose 5.0% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 9.62% year over year to $0.94, which beat the estimate of $0.79.

Recap: Ebix Q4 Earnings

JOHNS CREEK, Ga., April 27, 2021 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, today reported fiscal 2020 fourth quarter (“Q4 2020”) and full year results for the periods ended December 31, 2020. Ebix will host a conference call to review its results today at 11:00 a.m. EST (details below).

Ebix Reports GAAP Diluted EPS of $3.02 on Record Revenues of $625.6 Million and Operating Cash of $100.4 Million

Los Angeles, California--(Newsfile Corp. - April 26, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Ebix, Inc. (NASDAQ: EBIX) ("Ebix" or "the Company") for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between November 9, 2020 and February 19, 2021, inclusive...

DEADLINE TODAY: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Ebix, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

JOHNS CREEK, Ga., April 26, 2021 (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 the Company will report its 2020 fourth quarter and full year results on Tuesday, April 27, 2021, 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 Q4 Investor Call Tuesday, April 27, 2021 at 11:00 a.m. ET

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Ebix To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - April 24, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Ebix, Inc. ("Ebix" or the "Company") (NASDAQ: EBIX) and reminds investors of the April 23, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you suffered losses exceeding $50,000 investing in Ebix stock or options between...

Ebix Class Action Reminder

New York, New York--(Newsfile Corp. - April 23, 2021) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ebix, Inc. (NASDAQ: EBIX) between November 9, 2020 and February 19, 2021, inclusive (the "Class Period"), of the important April 23, 2021 lead plaintiff deadline.SO WHAT: If you purchased Ebix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or...

EBIX Deadline Today: Rosen, Globally Respected Investor Counsel, Encourages Ebix, Inc. Investors with Losses to Secure Counsel Before Important Deadline Today in Securities Class Action - EBIX

Los Angeles, California--(Newsfile Corp. - April 23, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Ebix, Inc. ("Ebix" or "the Company") (NASDAQ: EBIX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between November 9, 2020 and February 19, 2021, inclusive (the...

DEADLINE MONDAY ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Ebix, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Ebix, Inc. ("Ebix" or "the Company") (NASDAQ: EBIX) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Ebix securities between November 9, 2020 and February 19, 2021, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com

EBIX Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Ebix, Inc. Investors of Class Action and Lead Plaintiff Deadline: April 23, 2021

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Ebix To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - April 22, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Ebix, Inc. ("Ebix" or the "Company") (NASDAQ: EBIX) and reminds investors of the April 23, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you suffered losses exceeding $50,000 investing in Ebix stock or options between...

Ebix Shareholder Alert

New York, New York--(Newsfile Corp. - April 22, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Ebix, Inc. ("Ebix") (NASDAQ: EBIX) between November 9, 2020 and February 19, 2021. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information...

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Ebix, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of April 23, 2021 - EBIX

LOS ANGELES--(BUSINESS WIRE)---- $EBIX #investors--The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Ebix, Inc. (EBIX)

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Ebix, Inc. (EBIX)

Boston, Massachusetts--(Newsfile Corp. - April 22, 2021) - The Thornton Law Firm alerts investors that a class action lawsuit has been filed on behalf of investors of Ebix, Inc. (NASDAQ: EBIX). The case is currently in the lead plaintiff stage. Investors who purchased EBIX stock or other securities between November 9, 2020 and February 19, 2021 may contact the Thornton Law Firm's investor protection team by visiting www.tenlaw.com/cases/Ebix to submit their information. Investors may also...

EBIX INVESTOR ALERT: Class Action Lawsuit Filed

New York, New York--(Newsfile Corp. - April 22, 2021) - Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Ebix Inc. ("Ebix" or the "Company") (NASDAQ: EBIX) from November 09, 2020 and February 19, 2021 (the "Class Period"). The lawsuit filed in the...

APRIL 23, 2021, EBIX INVESTOR DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Ebix Inc.

News for Ebix Stock (EBIX)