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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Euronet Worldwide Inc | NASDAQ:EEFT | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.73 | 0.70% | 104.64 | 102.25 | 107.07 | 105.21 | 101.07 | 104.48 | 587,023 | 01:00:00 |
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(State or other jurisdiction of incorporation or organization) |
(Commission file number) |
(I.R.S. Employer Identification No.) |
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(Address of principal executive offices) |
(Zip Code) | |
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Emerging growth company |
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o | |||
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Exhibit
Number |
Description |
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99.1 |
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104 |
Inline XBRL for the cover page of of this Current Report on Form 8-K |
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Euronet Worldwide, Inc. | |
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By: |
___________________ |
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Rick L. Weller | |
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Chief Financial Officer | |
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Date: February 12, 2025 |
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 |
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•
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Revenues of $1,047.3 million, a 9% increase from $957.7 million (10% increase on a constant currency1 basis).
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•
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Operating income of $122.7 million, a 26% increase from $97.4 million (27% increase on a constant currency basis).
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•
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Adjusted operating income2 of $122.7 million, a 23% increase from $99.9 million (24% increase on a constant currency basis).
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•
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Adjusted EBITDA3 of $165.8 million, a 12% increase from $147.6 million (13% increase on a constant currency basis).
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•
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Net income attributable to Euronet of $45.2 million, or $0.98 diluted earnings per share, compared with $69.3 million, or $1.43 diluted earnings per share.
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•
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Adjusted earnings per share4 of $2.08, a 10% increase from $1.88.
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•
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Euronet's cash and cash equivalents were $1,278.8 million and ATM cash was $643.8 million, totaling $1,922.6 million as of December 31, 2024, and availability under its revolving credit facilities was approximately $1,335 million.
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•
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Revenues of $3,989.8 million, an 8% increase from $3,688.0 million (9% increase on a constant currency basis).
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•
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Operating income of $503.2 million, a 16% increase from $432.6 million (18% increase on a constant currency basis).
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•
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Adjusted operating income of $502.8 million, a 16% increase from $432.1 million (18% increase on a constant currency basis).
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•
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Adjusted EBITDA of $678.5 million, a 10% increase from $618.7 million (11% increase on a constant currency basis).
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•
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Net income attributable to Euronet of $306.0 million, or $6.45 diluted earnings per share, compared with $279.7 million, or $5.50 diluted earnings per share.
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•
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Adjusted earnings per share of $8.61, a 15% increase from $7.46.
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Adjusted operating income and adjusted EBITDA were adjusted for non-cash purchase accounting adjustments in the EFT Segment during the fourth quarter and full-year of 2023 and the full year of 2024 and a non-cash gain in the full year 2023.
Taking into consideration recent trends in the business and the global economy, the Company anticipates its 2025 adjusted EPS will grow 12% to 16% year-over-year, consistent with its 10 and 20 year compounded annualized growth rates. This outlook does not include any changes that may develop in foreign exchange rates, interest rates or other unforeseen factors.
Segment and Other Results
The EFT Processing Segment reports the following results for the fourth quarter 2024 compared with the same period or date in 2023:
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•
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Revenues of $265.6 million, a 12% increase from $237.9 million (13% increase on a constant currency basis).
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•
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Operating income of $37.3 million, a 46% increase from $25.5 million (48% increase on a constant currency basis).
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•
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Adjusted operating income of $37.3 million, a 33% increase from $28.0 million (35% increase on a constant currency basis).
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•
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Adjusted EBITDA of $61.7 million, an 18% increase from $52.2 million (19% increase on a constant currency basis).
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•
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Transactions of 3,203 million, a 35% increase from 2,369 million.
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•
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Total of 55,248 installed ATMs as of December 31, 2024, a 5% increase from 52,652 at December 31, 2023. Operated 49,945 active ATMs as of December 31, 2024, a 6% increase from 47,303 as of December 31, 2023.
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The EFT Processing Segment reports the following results for the full year 2024 compared with the same period in 2023:
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•
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Revenues of $1,161.2 million, a 10% increase from $1,058.3 million (10% increase on a constant currency basis).
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•
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Operating income of $256.0 million, a 24% increase from $206.3 million (25% increase on a constant currency basis).
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•
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Adjusted operating income of $255.6 million, a 24% increase from $205.8 million (25% increase on a constant currency basis).
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•
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Adjusted EBITDA of $353.5 million, an 18% increase from $300.4 million (19% increase on a constant currency basis).
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•
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Transactions of 11,424 million, a 35% increase from 8,473 million.
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•
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Revenues of $342.2 million, an 8% increase from $316.7 million (10% increase on a constant currency basis).
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•
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Operating income of $48.0 million, a 10% increase from $43.6 million (12% increase on a constant currency basis).
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•
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Adjusted EBITDA of $49.9 million, a 10% increase from $45.4 million (12% increase on a constant currency basis).
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•
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Transactions of 1,185 million, a 31% increase from 906 million.
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•
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POS terminals of approximately 777,000 as of December 31, 2024, a 5% decrease from approximately 821,000.
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•
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Retailer locations of approximately 362,000 as of December 31, 2024, a 3% increase from approximately 352,000.
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•
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Revenues of $1,150.5 million, a 6% increase from $1,082.4 million (7% increase on a constant currency basis).
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•
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Operating income of $129.9 million, a 3% increase from $126.2 million ( 4% increase on a constant currency basis).
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•
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Adjusted EBITDA of $137.2 million, a 3% increase from $133.1 million (4% increase on a constant currency basis).
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•
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Transactions of 4,374 million, a 15% increase from 3,789 million.
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•
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Revenues of $441.9 million, a 9% increase from $405.1 million (9% increase on a constant currency basis).
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•
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Operating income of $58.4 million, a 13% increase from $51.9 million (12% increase on a constant currency basis).
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•
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Adjusted EBITDA of $64.4 million, a 9% increase from $59.3 million (9% increase on a constant currency basis).
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•
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Total transactions of 46.9 million, an 11% increase from 42.4 million.
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•
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Network locations of approximately 607,000 as of December 31, 2024, a 5% increase from approximately 580,000.
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•
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Revenues of $1,686.5 million, an 8% increase from $1,555.2 million (9% increase on a constant currency basis).
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•
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Operating income of $201.0 million, an 8% increase from $185.4 million (9% increase on a constant currency basis).
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•
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Adjusted EBITDA of $227.0 million, a 5% increase from $216.4 million (5% increase on a constant currency basis).
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•
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Total transactions of 176.9 million, a 9% increase from 161.7 million.
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Fourth quarter constant currency revenue, operating income and adjusted EBITDA growth was the result of 14% growth in U.S.-outbound transactions, 11% growth in international-originated money transfers and 8% growth in xe transactions, partially offset by a 14% decline in the intra-U.S. business. These transaction growth rates include 33% growth in direct-to-consumer digital transactions.
Full year 2024 constant currency revenue, operating income, and adjusted EBITDA growth was the result of 12% growth in U.S.-outbound transactions, 11% growth in international-originated money transfers and 16% growth in xe transactions, partially offset by a 14% decline in the intra-U.S. business. These transaction growth rates include 28% growth in direct-to-consumer digital transactions.
Corporate and Other reports $21.0 million of expense for the fourth quarter 2024 compared with $23.6 million for the fourth quarter 2023. For the full year 2024, Corporate and Other reports $83.7 million of expense compared with $85.3 million for the full year 2023. The decrease in corporate expenses for both the fourth quarter and full year 2024 is largely the result of a decrease in long-term compensation expenses based on lower share value.
(2) Adjusted operating income is defined as operating income excluding, to the extent incurred in the period, non-cash gains and non-cash purchase accounting adjustments. Adjusted operating income represents a performance measure and is not intended to represent a liquidity measure.
(3) Adjusted EBITDA is defined as net income excluding, to the extent incurred in the period, interest expense, income tax expense, depreciation, amortization, share-based compensation, non-cash gains, non-cash purchase accounting adjustments and other non-operating or non-recurring items that are considered expenses or income under U.S. GAAP. Adjusted EBITDA represents a performance measure and is not intended to represent a liquidity measure.
(4)Adjusted earnings per share is defined as diluted U.S. GAAP earnings per share excluding, to the extent incurred in the period, the tax-effected impacts of: a) foreign currency exchange gains or losses, b) share-based compensation, c) acquired intangible asset amortization, d) non-cash income tax expense, e) non-cash gains and non-cash purchase accounting adjustments f) other non-operating or non-recurring items and g) dilutive shares relate to the Company's convertible bonds. Adjusted earnings per share represents a performance measure and is not intended to represent a liquidity measure.
Starting in Central Europe in 1994, Euronet now supports an extensive global real-time digital and cash payments network that includes 55,248 installed ATMs, approximately 1,160,000 EFT point-of-sale terminals and a growing portfolio of outsourced debit and credit card services which are under management in 67 countries; card software solutions; a prepaid processing network of approximately 777,000 point-of-sale terminals at approximately 362,000 retailer locations in 64 countries; and a global money transfer network of approximately 607,000 locations serving 197 countries and territories with digital connections to 4.1 billion bank accounts and 3.1 billion digital wallet accounts. Euronet serves clients from its corporate headquarters in Leawood, Kansas, USA, and 67 worldwide offices. For more information, please visit the Company's website at www.euronetworldwide.com.
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EURONET WORLDWIDE, INC.
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|||||
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Condensed Consolidated Balance Sheets
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(in millions)
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|||||
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As of
|
|||||
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December 31,
|
As of
|
||||
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2024
|
December 31,
|
||||
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(unaudited)
|
2023
|
||||
|
ASSETS
|
|||||
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Current assets:
|
|||||
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Cash and cash equivalents
|
$
|
1,278.8
|
$
|
1,254.2
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ATM cash
|
643.8
|
525.2
|
|||
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Restricted cash
|
9.2
|
15.2
|
|||
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Settlement assets
|
1,522.7
|
1,681.5
|
|||
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Trade accounts receivable, net
|
284.9
|
370.6
|
|||
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Prepaid expenses and other current assets
|
297.1
|
316.0
|
|||
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Total current assets
|
4,036.5
|
4,162.7
|
|||
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Property and equipment, net
|
329.7
|
332.1
|
|||
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Right of use lease asset, net
|
132.1
|
142.6
|
|||
|
Goodwill and acquired intangible assets, net
|
1,048.1
|
1,015.1
|
|||
|
Other assets, net
|
288.1
|
241.9
|
|||
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Total assets
|
$
|
5,834.5
|
$
|
5,894.4
|
|
|
LIABILITIES AND EQUITY
|
|||||
|
Current liabilities:
|
|||||
|
Settlement obligations
|
$
|
1,522.7
|
$
|
1,681.5
|
|
|
Accounts payable and other current liabilities
|
841.0
|
816.9
|
|||
|
Current portion of operating lease liabilities
|
48.3
|
50.3
|
|||
|
Short-term debt obligations
|
814.0
|
151.9
|
|||
|
Total current liabilities
|
3,226.0
|
2,700.6
|
|||
|
Debt obligations, net of current portion
|
1,134.4
|
1,715.4
|
|||
|
Operating lease liabilities, net of current portion
|
87.4
|
95.8
|
|||
|
Capital lease obligations, net of current portion
|
1.4
|
2.3
|
|||
|
Deferred income taxes
|
71.8
|
47.0
|
|||
|
Other long-term liabilities
|
84.3
|
83.6
|
|||
|
Total liabilities
|
4,605.3
|
4,644.7
|
|||
|
Equity
|
1,229.2
|
1,249.7
|
|||
|
Total liabilities and equity
|
$
|
5,834.5
|
$
|
5,894.4
|
|
|
EURONET WORLDWIDE, INC.
|
|||||||||||||||
|
Consolidated Statements of Operations
|
|||||||||||||||
|
(unaudited - in millions, except share and per share data)
|
|||||||||||||||
|
|
Year Ended
|
|
|
Three Months Ended
|
|||||||||||
|
|
December 31, |
|
|
December 31,
|
|||||||||||
|
|
2024
|
|
|
|
2023
|
|
|
2024
|
2023
|
||||||
|
Revenues
|
$
|
3,989.8
|
|
|
$
|
3,688.0
|
|
|
$
|
1,047.3
|
|
$
|
957.7
|
|
|
|
Operating expenses:
|
|||||||||||||||
|
Direct operating costs
|
|
2,389.3
|
|
|
|
2,222.8
|
|
|
640.8
|
|
596.4
|
|
|||
|
Salaries and benefits
|
|
650.2
|
|
|
|
602.9
|
|
|
167.9
|
|
158.0
|
|
|||
|
Selling, general and administrative
|
|
315.3
|
|
|
|
296.8
|
|
|
83.4
|
|
72.4
|
|
|||
|
Depreciation and amortization
|
|
131.8
|
|
|
|
132.9
|
|
|
32.5
|
|
33.5
|
|
|||
|
Total operating expenses
|
|
3,486.6
|
|
|
|
3,255.4
|
|
|
924.6
|
|
860.3
|
|
|||
|
Operating income
|
|
503.2
|
|
|
|
432.6
|
|
|
122.7
|
|
97.4
|
||||
|
Other income (expense):
|
|||||||||||||||
|
Interest income
|
|
23.8
|
|
|
|
15.2
|
|
|
5.7
|
|
|
5.1
|
|
||
|
Interest expense
|
|
(80.5)
|
|
|
(55.6
|
) |
|
(21.3)
|
|
(16.5
|
) | ||||
|
Foreign currency exchange (loss) gain
|
|
(19.1)
|
|
|
8.0
|
|
(35.5)
|
|
11.6
|
||||||
|
Other income
|
|
21.5
|
|
|
|
0.2
|
|
|
4.3
|
|
0.3
|
||||
|
Total other (expense) income, net
|
|
(54.3)
|
|
|
(32.2
|
) |
|
(46.8)
|
0.5
|
||||||
|
Income before income taxes
|
|
448.9
|
|
|
|
400.4
|
|
|
75.9
|
97.9
|
|||||
|
Income tax expense
|
|
(142.6)
|
|
|
(120.9
|
) |
|
(30.6)
|
|
(28.4
|
) | ||||
|
Net income
|
|
306.3
|
|
|
|
279.5
|
|
|
45.3
|
69.5
|
|||||
|
Net (income) loss attributable to non-controlling interests
|
|
(0.3)
|
|
|
|
0.2
|
|
|
(0.1)
|
|
(0.2
|
) | |||
|
Net income attributable to Euronet Worldwide, Inc.
|
$
|
306.0
|
|
|
$
|
279.7
|
|
|
$
|
45.2
|
$
|
69.3
|
|||
|
Add: Interest expense from assumed conversion of convertible notes, net of tax
|
|
4.2
|
|
|
|
4.2
|
|
|
|
0.9 |
|
1.0
|
|||
|
Net income for diluted earnings per share calculation
|
$
|
310.2
|
|
|
$
|
283.9
|
|
|
$
|
46.1
|
$
|
70.3
|
|||
|
Earnings per share attributable to Euronet
|
|||||||||||||||
|
Worldwide, Inc. stockholders - diluted
|
$
|
6.45
|
|
|
$
|
5.50
|
|
|
$
|
0.98
|
$
|
1.43
|
|||
|
Diluted weighted average shares outstanding
|
|
48,082,766
|
|
|
|
51,599,633
|
|
|
47,050,602
|
|
49,066,284
|
||||
|
EURONET WORLDWIDE, INC.
|
|||||||||||||||||||
|
Reconciliation of Net Income to Operating Income (Expense), Adjusted Operating Income (Expense) and Adjusted EBITDA
|
|||||||||||||||||||
|
(unaudited - in millions)
|
|||||||||||||||||||
|
Three months ended December 31, 2024
|
|||||||||||||||||||
|
EFT Processing
|
epay
|
Money Transfer
|
Corporate Services
|
Consolidated
|
|||||||||||||||
|
Net income
|
$
|
45.3
|
|
||||||||||||||||
|
Add: Income tax expense
|
30.6
|
|
|||||||||||||||||
|
Add: Total other expense, net
|
46.8
|
||||||||||||||||||
|
Operating income (expense)
|
$
|
37.3
|
$
|
48.0
|
|
$
|
58.4
|
|
$
|
(21.0)
|
$
|
122.7
|
|
||||||
|
Add: Depreciation and amortization
|
24.4
|
|
1.9
|
|
6.0
|
|
0.2
|
|
32.5
|
|
|||||||||
|
Add: Share-based compensation
|
—
|
|
—
|
|
—
|
|
10.6
|
|
10.6
|
|
|||||||||
|
Earnings before interest, taxes, depreciation, amortization, share-based compensation (Adjusted EBITDA) (1)
|
$
|
61.7
|
$
|
49.9
|
|
$
|
64.4
|
|
$
|
(10.2)
|
$
|
165.8
|
|
||||||
|
Three months ended December 31, 2023
|
|||||||||||||||||||
|
EFT Processing
|
epay
|
Money Transfer
|
Corporate Services
|
Consolidated
|
|||||||||||||||
|
Net income
|
$
|
69.5
|
|||||||||||||||||
|
Add: Income tax expense
|
28.4
|
||||||||||||||||||
|
Less: Total other income, net
|
(0.5
|
) | |||||||||||||||||
|
Operating income (expense)
|
$
|
25.5
|
$
|
43.6
|
|
$
|
51.9
|
$
|
(23.6
|
) |
$
|
97.4
|
|||||||
|
Add: non-cash purchase accounting expense adjustment
|
|
2.5
|
|
—
|
|
|
—
|
|
—
|
|
2.5
|
||||||||
|
Adjusted operating income (expense) (1)
|
|
28.0
|
|
43.6
|
|
|
51.9
|
|
(23.6
|
) |
|
99.9
|
|||||||
|
Add: Depreciation and amortization
|
24.2
|
|
1.8
|
|
7.4
|
|
0.1
|
|
33.5
|
|
|||||||||
|
Add: Share-based compensation
|
—
|
|
—
|
|
—
|
|
14.2
|
|
14.2
|
|
|||||||||
|
Earnings before interest, taxes, depreciation, amortization, non-cash purchase accounting expense adjustment and share-based compensation (Adjusted EBITDA) (1)
|
$
|
52.2
|
$
|
45.4
|
|
$
|
59.3
|
|
$
|
(9.3
|
) |
$
|
147.6
|
|
|||||
|
EURONET WORLDWIDE, INC.
|
|||||||||||||||||||
|
Reconciliation of Net Income to Operating Income (Expense), Adjusted Operating Income (Expense) and Adjusted EBITDA
|
|||||||||||||||||||
|
(unaudited - in millions)
|
|||||||||||||||||||
|
Twelve months ended December 31, 2024
|
|||||||||||||||||||
|
EFT Processing
|
epay
|
Money Transfer
|
Corporate Services
|
Consolidated
|
|||||||||||||||
|
Net income
|
$
|
306.3
|
|
||||||||||||||||
|
Add: Income tax expense
|
142.6
|
|
|||||||||||||||||
|
Add: Total other expense, net
|
54.3
|
|
|||||||||||||||||
|
Operating income (expense)
|
$
|
256.0
|
$
|
129.9
|
|
$
|
201.0
|
|
$
|
(83.7)
|
$
|
503.2
|
|
||||||
|
Less: Non-cash purchase accounting income adjustment
|
(0.4)
|
—
|
|
—
|
|
—
|
|
(0.4)
|
|
||||||||||
|
Adjusted operating income (expense) (1)
|
255.6
|
|
129.9
|
|
201.0
|
|
(83.7)
|
502.8
|
|
||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
|
Add: Depreciation and amortization
|
97.9
|
|
7.3
|
|
26.0
|
|
0.6
|
|
131.8
|
|
|||||||||
|
Add: Share-based compensation
|
—
|
|
— |
|
—
|
|
43.9
|
|
43.9
|
|
|||||||||
|
Earnings before interest, taxes, depreciation, amortization, non-cash purchase accounting income adjustment and share-based compensation (Adjusted EBITDA) (1)
|
$
|
353.5
|
$
|
137.2
|
|
$
|
227.0
|
|
$
|
(39.2)
|
$
|
678.5
|
|
||||||
|
Twelve months ended December 31, 2023
|
|||||||||||||||||||
|
EFT Processing
|
epay
|
Money Transfer
|
Corporate Services
|
Consolidated
|
|||||||||||||||
|
Net income
|
$
|
279.5
|
|||||||||||||||||
|
Add: Income tax expense
|
120.9
|
||||||||||||||||||
|
Add: Total other expense, net
|
32.2
|
|
|||||||||||||||||
|
Operating income (expense)
|
$
|
206.3
|
$
|
126.2
|
|
$
|
185.4
|
$
|
(85.3
|
) |
$
|
432.6
|
|||||||
|
Add: Non-cash purchase accounting expense adjustment
|
2.5
|
|
—
|
|
—
|
|
—
|
|
2.5
|
|
|||||||||
|
Less: Non-cash gain
|
(3.0
|
) |
—
|
|
—
|
|
—
|
|
(3.0
|
) | |||||||||
|
Adjusted operating income (expense) (1)
|
205.8
|
|
126.2
|
|
185.4
|
|
(85.3
|
) |
432.1
|
|
|||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
|
Add: Depreciation and amortization
|
94.6
|
|
6.9
|
|
31.0
|
|
0.4
|
|
132.9
|
|
|||||||||
|
Add: Share-based compensation
|
—
|
|
—
|
|
—
|
|
53.7
|
|
53.7
|
|
|||||||||
|
Earnings before interest, taxes, depreciation, amortization, non-cash purchase accounting expense adjustment, non-cash gain and share-based compensation (Adjusted EBITDA) (1)
|
$
|
300.4
|
$
|
133.1
|
|
$
|
216.4
|
|
$
|
(31.2
|
) |
$
|
618.7
|
|
|||||
|
EURONET WORLDWIDE, INC.
|
|||||||||||||||
|
Reconciliation of Adjusted Earnings per Share
|
|||||||||||||||
|
(unaudited - in millions, except share and per share data)
|
|||||||||||||||
|
Year Ended
|
|
Three Months Ended
|
|||||||||||||
|
December 31,
|
|
December 31,
|
|||||||||||||
|
|
2024
|
|
|
|
2023
|
|
|
2024 | 2023 | ||||||
|
Net income attributable to Euronet Worldwide, Inc.
|
$
|
306.0
|
|
|
$
|
279.7
|
|
|
$
|
45.2
|
$
|
69.3
|
|||
|
Foreign currency exchange loss (gain)
|
|
19.1
|
|
|
(8.0
|
) |
|
35.5
|
(11.6
|
) | |||||
|
Intangible asset amortization(1)
|
|
21.7
|
|
|
|
24.4
|
|
|
4.7
|
|
5.4
|
||||
|
Share-based compensation(2)
|
|
43.9
|
|
|
|
53.7
|
|
|
10.6
|
|
14.2
|
||||
| Non-cash gain(3) |
|
—
|
|
|
(3.0
|
) |
|
—
|
|
—
|
|
||||
| Non-cash purchase accounting (income) expense adjustment(4) |
|
(0.4)
|
|
|
|
2.5
|
|
|
—
|
|
2.5
|
|
|||
|
Income tax effect of above adjustments(5)
|
|
13.2
|
|
|
(3.0
|
) |
|
3.2
|
1.2
|
||||||
|
Non-cash investment gain(6)
|
|
(20.3)
|
|
|
—
|
|
(3.5)
|
—
|
|||||||
|
Non-cash GAAP tax expense (benefit)(7)
|
|
9.9
|
|
|
19.7
|
|
(3.1)
|
6.4
|
|||||||
|
Adjusted earnings(8)
|
$
|
393.1
|
|
|
$
|
366.0
|
|
|
$
|
92.6
|
|
$
|
87.4
|
||
|
Adjusted earnings per share - diluted(8)
|
$
|
8.61
|
|
|
$
|
7.46
|
|
|
$
|
2.08
|
|
$
|
1.88
|
||
|
Diluted weighted average shares outstanding (GAAP)
|
|
48,082,766
|
|
|
|
51,599,633
|
|
|
|
47,050,602
|
|
49,066,284
|
|||
| Effect of adjusted EPS dilution of convertible notes | (2,781,818) | (2,781,818 | ) |
|
(2,781,818) | (2,781,818 | ) | ||||||||
|
Effect of unrecognized share-based compensation on diluted shares outstanding
|
369,573 | 230,000 |
295,559
|
|
158,030
|
||||||||||
|
Adjusted diluted weighted average shares outstanding
|
|
45,670,521
|
|
|
|
49,047,815
|
|
|
|
44,564,343
|
|
46,442,496
|
|||
1 Year Euronet Worldwide Chart |
1 Month Euronet Worldwide Chart |
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