Financial Highlights

Balance Sheet - Last 3 years comparison

PERIOD ENDING 31-Dec-22 31-Dec-21 31-Dec-20
Assets      
Current Assets:      
Cash and cash equivalents $ 110,637 $ 99,625 105,035 
Receivables from service providers 4,223 1,352 4,711 
Short Term investments 17,438 16,463 25,019 
Accounts receivable, less allowance 8,210 9,080 8,519 
Restricted cash and restricted cash equivalents 2,092 2,046 4,106 
Fiduciary funds - restricted 154,533 153,609 142,847 
Other current assets 87,387 84,389 71,661 
Total Current Assets 384,520 366,564 361,898 
Property and equipment, net 52,448 54,359 52,521 
Right-of Use assets 9,636 10,051 12,372 
Goodwill 881,676 939,249 949,037 
Intangibles assets, net 50,900 46,795 50,880 
Indefinitive-lived intangibles 16,647 16,647 21,647 
Capitalized software development costs, net 15,343 21,565 19,389 
Deferred tax assets, net - long-term 96,289 84,514 63,402 
Other assets 30,096 33,505 38,707 
Total Assets $ 1,537,555 $ 1,573,249 $1,569,853 
       
LIABILITIES AND STOCKHOLDERS' EQUITY      
Current Liabilities:      
Accounts payable and accrued expenses $ 99,194 $ 86,181 $64,764 
Payables to service agents 11,299 6,296 5,281 
Accrued payroll and related benefits 10,651 11,360 11,792 
Working capital facility 3,367 5,607 16,643 
Fiduciary funds - restricted 2,092 2,046 4,106 
Short term debt 3,000 1,954 894 
Earnout contingencies - current   —  — 
Current portion of long term debt and capital lease obligations 190,866 28,577 8,033 
Contract Liabilities 32,028 33,164 8,540 
Lease Liability 3,354 3,173 1,235 
Other Current liabilities 25,784 26,837 29,009 
Total current liabilities 831,537 205,195 909,749 
Revolving line of credit —  439,402  
Long term debt and capital lease obligation, less current portion 160 184,676  
Earnout contingencies 2,299 2,557  
Contract Liabilities 14,098 8,193  
Lease Liability 6,612 7,139  
Deferred tax liability, net 1,150 1,150  
Other Liabilities 22,259 25,383  
Total liabilities 878,115 873,695  
       
Temporary Equity      
       
Stockholders' Equity :
Preferred stock, $.10 par value, 500,000 shares authorized, no shares issued and outstanding at December 31, 2019 and 2018      
Common stock, $.10 part value 3,082 3,068 3,052 
Additional paid-in capital 18,800 15,068 11,126 
Retained earnings 814,780 759,208 700,304 
Accumulated other comprehensive income (219,437) (122,022) (101,503)
Total Ebix, Inc. stockholders' equity 617,225 655,322 612,979 
Noncontrolling interest 42,215 44,232 47,125 
Total Stockholders' Equity 659,440 699,554 660,104 
Total liabilities and stockholders' equity $ 1,537,555 $ 1,573,249 $1,569,853 
       
ASU 2015-03 Term Loan deferred costs netted against balance      
Debt (includes Capital Leases)      
Earn-Out Contingencies      
Total Indebtness      
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