Euronet Reports Record Results Across All Financial Metrics

From GlobeNewswire: 2025-02-12 22:45:11

Euronet reported fourth quarter 2024 revenues of $1,047.3 million, a 9% increase from the previous year, with net income of $45.2 million. For the full year 2024, revenues were $3,989.8 million, an 8% increase, with net income of $306.0 million. Adjusted EPS for the year was $8.61, a 15% increase. The company anticipates 2025 adjusted EPS growth between 12% to 16%. Euronet’s EFT Processing Segment saw a 12% revenue increase, while the epay Segment had an 8% increase. The Money Transfer Segment’s revenue increased by 9%. Adjusted operating income and adjusted EBITDA also saw growth in all segments.

In the fourth quarter of 2024, Euronet’s EFT Processing Segment had revenues of $265.6 million, a 12% increase, with 3,203 million transactions. The epay Segment had revenues of $342.2 million, an 8% increase, with 1,185 million transactions. The Money Transfer Segment reported revenues of $441.9 million, a 9% increase, with 46.9 million transactions. Corporate expenses decreased, contributing to the company’s overall financial performance. Additionally, Euronet’s balance sheet showed $1,278.8 million in cash and cash equivalents as of December 31, 2024.

Euronet’s non-GAAP measures, including adjusted operating income, adjusted EBITDA, and adjusted earnings per share, were provided to give investors a more comprehensive view of the company’s performance. The company’s global presence and diverse range of services contribute to its financial success, with a focus on growth and innovation in the payments processing industry.



Read more at GlobeNewswire: Euronet Reports Record Results Across All Financial Metrics