QUOTE AND NEWS
Market Intelligence Center  Aug 14  Comment 
Option-trade picking algorithms patented by MarketIntelligenceCenter.com found a trading opportunity with Euronet Worldwide (EEFT) that should provide a 4.80% return in just 100 days. Sell one Nov. '14 call at the $50.00 level for each 100 shares...
SeekingAlpha  Jul 30  Comment 
Euronet Worldwide (NASDAQ:EEFT) Q2 2014 Earnings Call July 30, 2014 9:00 am ET Executives Jeffrey B. Newman - Executive Vice President, General Counsel and Secretary Rick L. Weller - Chief Financial Officer, Chief Accounting Officer...
SeekingAlpha  Jul 30  Comment 
ByMartin Vlcek: Euronet Worldwide, Inc. (NASDAQ:EEFT) reported strong Q2 results (Press release, SEC filing, conference call, presentation), especially on the top line. Revenue reached $395.5M, robustly up 16% Y/Y, of which 2% was attributed to...
Market Intelligence Center  Jul 23  Comment 
MarketIntelligenceCenter.com's patented trade-picking algorithms have identified an attractive covered-call trade on Euronet Worldwide (EEFT). Look at the Nov. '14 $45.00 covered call for a net debit in the $43.01 area. This trade has a duration...
Market Intelligence Center  Jun 12  Comment 
The patented option trade-picking algorithms behind MarketIntelligenceCenter.com's Artificial Intelligence Center have selected a covered call trade on Euronet Worldwide (EEFT) that includes 8.94% downside protection. Sell one contract of the Aug....
SeekingAlpha  Apr 30  Comment 
Euronet Worldwide (EEFT) Q1 2014 Earnings Call April 30, 2014 9:00 am ET Executives Jeffrey B. Newman - Executive Vice President, General Counsel and Secretary Rick L. Weller - Chief Financial Officer, Chief Accounting Officer and...
Market Intelligence Center  Apr 29  Comment 
The patented option trade-picking algorithms behind MarketIntelligenceCenter.com's Artificial Intelligence Center have selected a covered call trade on Euronet Worldwide (EEFT) that includes 12.54% downside protection. Sell one contract of the...
Market Intelligence Center  Apr 23  Comment 
Euronet Worldwide (EEFT) presents a trading opportunity that offers a 3.28% return in just 115 days. A covered call on Euronet Worldwide at the $40.00 level expiring on Aug. '14 offers an assigned return rate of 3.28% or 10.41% annualized. This...
StreetInsider.com  Apr 17  Comment 
Net 1 UEPS Technologies Inc. (NASDAQ: UEPS) 25.9% LOWER; announced that the South African Constitutional Court has ruled on the appropriate remedy following its declaration on November 29, 2013, that the tender process followed by the South...
StreetInsider.com  Apr 17  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Wal-mart+%28WMT%29%2C+Ria+%28EEFT%29+Debut+Money-Transfer+Service/9388745.html for the full story.




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Euronet Worldwide processes payment transactions on global ATMs and point of sale (POS) networks. Three main businesses are 1) prepaid phones, 2) Electronic Funds Transfer (EFT), cash transfer through Ria Financial , (Subsidiary ) of Euronet Worldwide which is growing very fact by providing best service, and 3) Software. The company also services credit/debit card outsourcing and related businesses. The company operates 26 offices in the US, Europe, Middle East and Asia Pacific regions.

  • Prepaid phones are actually the most common way to pay for phone service in the world. Only in America do parents routinely give a child a cell phone and pay after the damage has been done.
  • EFT occurs a few ways. ATMs that the company manages. Also money transfer, e.g. if an immigrant wants to wire money back to family located in another place. Another frequent transaction involves processing a credit/debit card transaction, getting funds to the merchant from the buyer's account.

Started in 1994 with the mission "to bring electronic payment convenience to millions of people." The company has grown internally and via acquisition. At the end of 2006 annual revenues were $630 million. The company turned EBITDA positive in 2001 and generated $89 million of adjusted EBITDA in 2006.

The company invested $6 million to expand in three main categories:

  • New markets, including China, Bulgaria, and Ukraine
  • Money transfer, further competing with Western Union Company (WU)
  • Card processing products

Growth

Transactions processed in millions

  • 02 79.2
  • 03 216.8
  • 04 461.1
  • 05 709.6
  • 06 921.7

On a recent conference call, EEFT stated they are on a $1 billion annual run rate.

In 2006 the company added 450 ATMs in India.

A Retail Banking Research Report forecasts China will install 65,000 ATM machines between 2005 and 2011. EEFT completed a pilot project for the China Post Bank.

Retail Banking Research reports also state that the central European ATMs increase by 26% in 2005. EEFT has expanded into Ukraine and Bulgaria as banks expand retail offerings.

Segment Breakdown

By Revenue in 2006:

  • Prepaid is 75% of sales
  • EFT is was 21% of sales
  • Software was 7% of sales

By adjusted EBITDA in 2006:

  • Prepaid was 49%
  • EFT was 45%
  • Software was 6%


Accolades

Fortune Magazine ranked EEFT the 36th fastest growing company in 2006 and 34th in 2005

Forbes magazine ranked EEFT the 25th fastest growing company in 2007.

References

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