Ebix, Inc. (EBIXQ)

Ebix, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Revenue	735.63	1,050	994.94	625.61	580.62	497.83
Revenue Growth (YoY)	-30.72%	5.55%	59.04%	7.75%	16.63%	36.78%
Cost of Revenue	389.97	721.52	705.39	343.26	205.17	168.42
Gross Profit	345.66	328.63	289.55	282.35	375.45	329.41
Selling, General & Admin	172.63	148.57	115.35	104.48	160.01	126.06
Research & Development	42.17	41.19	40.02	35.27	45.3	39.08
Operating Expenses	235.73	208.29	170.54	153.48	219.78	176.43
Operating Income	109.93	120.34	119.01	128.87	155.67	152.98
Interest Expense	-92.74	-55.07	-41.37	-31.58	-42.33	-27.1
Interest & Investment Income	0.24	0.25	0.08	0.17	0.63	0.44
Currency Exchange Gain (Loss)	-0.33	8.37	-0.43	-0.39	-2.38	-0.79
Other Non Operating Income (Expenses)	-1.22	-1.83	-3.77	0.15	0.34	0.06
EBT Excluding Unusual Items	15.88	72.08	73.52	97.22	111.93	125.58
Asset Writedown	-	-	-	-6.17	-	-
Legal Settlements	-	-	-	-	-21.14	-
Other Unusual Items	-8.04	-	-	3.11	-	-
Pretax Income	7.84	72.08	73.52	94.16	90.79	125.58
Income Tax Expense	4.64	9.45	6.58	5.33	0.22	32.5
Earnings From Continuing Operations	3.2	62.63	66.94	88.83	90.57	93.08
Minority Interest in Earnings	1.74	2.02	1.25	3.55	6.15	0.06
Net Income	4.95	64.65	68.19	92.38	96.72	93.14
Net Income to Common	4.95	64.65	68.19	92.38	96.72	93.14
Net Income Growth	-93.15%	-5.20%	-26.19%	-4.49%	3.84%	-7.43%
Shares Outstanding (Basic)	31	31	31	31	31	31
Shares Outstanding (Diluted)	31	31	31	31	31	32
Shares Change (YoY)	0.35%	0.32%	0.30%	-0.08%	-2.98%	-0.58%
EPS (Basic)	0.16	2.10	2.23	3.03	3.17	2.97
EPS (Diluted)	0.16	2.10	2.22	3.02	3.16	2.95
EPS Growth	-93.19%	-5.41%	-26.49%	-4.43%	7.12%	-6.94%
Free Cash Flow	23.02	63.09	62.01	95.02	55.89	75.42
Free Cash Flow Per Share	0.75	2.05	2.02	3.11	1.83	2.39
Dividend Per Share	0.075	0.300	0.300	0.300	0.300	0.300
Dividend Growth	-75.00%	0%	0%	0%	0%	0%
Gross Margin	46.99%	31.29%	29.10%	45.13%	64.66%	66.17%
Operating Margin	14.94%	11.46%	11.96%	20.60%	26.81%	30.73%
Profit Margin	0.67%	6.16%	6.85%	14.77%	16.66%	18.71%
Free Cash Flow Margin	3.13%	6.01%	6.23%	15.19%	9.63%	15.15%
EBITDA	130.86	138.88	134.19	142.6	170.14	164.27
EBITDA Margin	17.79%	13.22%	13.49%	22.79%	29.30%	33.00%
D&A For EBITDA	20.93	18.53	15.18	13.74	14.47	11.29
EBIT	109.93	120.34	119.01	128.87	155.67	152.98
EBIT Margin	14.94%	11.46%	11.96%	20.60%	26.81%	30.73%
Effective Tax Rate	59.17%	13.11%	8.96%	5.66%	0.24%	25.88%
Advertising Expenses	-	9.6	6.3	4.8	9.7	7.5

Source: S&P Capital IQ. Standard template. Financial Sources.