EVERTEC, Inc. EVTC
Except as otherwise indicated or unless the context otherwise requires, (a) the terms "EVERTEC," "we," "us," "our," "our Company" and "the Company" refer to EVERTEC, Inc. and its subsidiaries on a consolidated basis and, (b) the term "EVERTEC Group" refers to EVERTEC Group, LLC and its predecessor entities and their subsidiaries on a consolidated basis. EVERTEC Inc.'s subsidiaries include Holdings, EVERTEC Group; EVERTEC Dominicana, SAS; Evertec Chile Holdings SpA; Evertec Chile SpA; Evertec Chile Global SpA; Evertec Chile Servicios Profesionales SpA; Paytrue S.A.; Caleidon; S.A.; Evertec Brasil Solutions Informática S.A. ("EVERTEC BR"); EVERTEC Panamá, S.A.; EVERTEC Costa Rica, S.A. ("EVERTEC CR"); Zunify Payments Ltda; EVERTEC Guatemala, S.A.; Evertec Colombia, SAS;, EVERTEC USA, LLC; OPG Technology Corp.; Evertec Placetopay, SAS ("PlacetoPay"); BBR Chile, SpA and BBR Perú, S.A.C.,(collectively "BBR"); Paysmart Pagamentos Eletronicos Ltda, Issuer Holding Ltda. and Issuer Instituição de Pagamentos Ltda (collectively "paySmart"); EVERTEC México Servicios de Procesamiento, S.A. de C.V.; Sinqia S.A.,Torq. Inovação Digital Ltda, Sinqia Tecnologia Ltda., Homie do Brasil Informática S.A., Rosk Software S.A., Lote 45 Participações S.A., and Compliasset S.A. (collectively "Sinqia"); Grandata, Inc., Grandata Mexico, S.A. de C.V., Grandata USA, Inc. and Big Data Analytics SA (collectively "Grandata"); and Nubity S.R.L., Nubity Inc., Nubity Cloud, S.A.P.I. de C.V. (collectively "Nubity") and Tecnobank Tecnologia Bancária S.A. ("Tecnobank"). Neither EVERTEC nor EVERTEC Intermediate Holdings, LLC conducts any operations other than with respect to its indirect or direct ownership of EVERTEC Group.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- Puerto Rico
- Latin America
- Caribbean
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Puerto Rico | $567.7M | $543.6M | $505.2M |
| Latin America | $342.9M | $281.7M | $169.4M |
| Caribbean | $21.2M | $20.2M | $20.1M |
As the company reported it, from the “Segment Information - Segment Information by Geographic Location (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- Latin America Payments and Solutions
- Business Solutions
- Merchant Acquiring, net
- Payment Services - Puerto Rico & Caribbean
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Latin America Payments and Solutions | $342.9M | $281.7M | $169.4M |
| Business Solutions | $250.1M | $244.0M | $227.0M |
| Merchant Acquiring, net | $189.9M | $180.5M | $162.4M |
| Payment Services - Puerto Rico & Caribbean | $148.9M | $139.3M | $136.0M |
As the company reported it, from the “Segment Information - Information about Operations by Business Segments (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $931.8M | $845.5M | $694.7M | $618.4M | $589.8M | $510.6M | $487.4M | $453.9M | $407.1M | $389.5M |
| Cost of revenue | — | — | — | — | — | — | — | — | $2.9M | $2.2M |
| Gross profit | — | — | — | — | — | — | — | — | $404.2M | $387.3M |
| SG&A | $154.2M | $145.6M | $128.2M | $89.8M | $68.0M | $70.8M | $61.4M | $68.7M | $56.2M | $47.0M |
| Total operating expenses | $745.4M | $679.8M | $558.5M | $461.0M | $393.3M | $369.2M | $342.9M | $328.7M | $321.1M | $282.4M |
| Operating income | $186.4M | $165.7M | $136.2M | $157.4M | $196.5M | $141.4M | $144.5M | $125.1M | $86.1M | $107.1M |
| Interest expense | $68.3M | $74.7M | $32.3M | $24.8M | $22.8M | $25.1M | $28.8M | $30.0M | $29.9M | $24.6M |
| Pre-tax income | $154.4M | $119.6M | $85.4M | $267.9M | $181.7M | $123.9M | $116.7M | $99.2M | $60.2M | $83.4M |
| Income tax | $9.8M | $4.8M | $5.5M | $29.0M | $20.6M | $19.0M | $13.0M | $12.6M | $4.8M | $8.3M |
| Net income | $145.0M | $115.0M | $80.0M | $239.0M | $161.0M | $104.4M | $103.5M | $86.3M | $55.1M | $75.0M |
| EPS, basic | 2.22 | 1.75 | 1.23 | 3.48 | 2.24 | 1.45 | 1.44 | 1.19 | 0.76 | 1.01 |
| EPS, diluted | 2.20 | 1.73 | 1.21 | 3.45 | 2.21 | 1.43 | 1.41 | 1.16 | 0.76 | 1.01 |
| Shares, diluted (wtd. avg.) | 64.4M | 65.1M | 65.8M | 69.3M | 72.9M | 73.1M | 73.5M | 74.4M | 72.9M | 74.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $306.0M | $273.6M | $295.6M | $215.7M | $285.9M | $221.1M | $131.1M | $86.7M | $60.4M | $60.0M |
| Receivables | $164.4M | $137.5M | $126.5M | $111.5M | $113.3M | $95.7M | $106.8M | $100.3M | $83.3M | $77.8M |
| Total current assets | $590.8M | $529.1M | $561.4M | $389.1M | $436.4M | $359.0M | $276.0M | $216.2M | $168.7M | $158.3M |
| Property, plant and equipment | $64.4M | $62.1M | $62.5M | $56.4M | $48.5M | $43.5M | $43.8M | $36.8M | $37.9M | $38.9M |
| Goodwill | $892.0M | $726.9M | $791.7M | $423.4M | $393.3M | $397.7M | $399.5M | $394.6M | $398.6M | $371.0M |
| Other intangibles | $553.1M | $430.9M | $518.1M | $200.3M | $213.3M | $219.9M | $241.9M | $259.3M | $280.0M | $299.1M |
| Total assets | $2.24B | $1.86B | $2.06B | $1.13B | $1.14B | $1.07B | $1.01B | $927.3M | $902.8M | $885.7M |
| Accounts payable | $63.7M | $58.7M | $66.5M | $29.7M | $28.5M | $43.3M | $39.2M | $47.3M | $41.1M | $40.8M |
| Short-term debt | $23.9M | $23.9M | $23.9M | $20.8M | $19.8M | $14.2M | $14.2M | $14.2M | $46.5M | $19.8M |
| Total current liabilities | $285.0M | $279.7M | $298.3M | $208.4M | $152.9M | $153.0M | $144.3M | $136.7M | $147.2M | $129.2M |
| Long-term debt | $1.05B | $925.1M | $946.8M | $389.5M | $444.8M | $481.0M | $510.9M | $524.1M | $557.3M | $599.7M |
| Total liabilities | $1.53B | $1.34B | $1.42B | $657.0M | $674.5M | $730.1M | $740.1M | $711.7M | $754.8M | $777.5M |
| Retained earnings | $687.7M | $599.6M | $538.9M | $487.3M | $506.1M | $379.9M | $296.5M | $228.7M | $148.9M | $116.3M |
| Total equity | $621.6M | $472.5M | $598.4M | $474.7M | $470.3M | $342.4M | $271.6M | $215.6M | $148.0M | $108.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $227.0M | $260.1M | $211.2M | $219.9M | $228.4M | $199.1M | $179.9M | $172.7M | $145.8M | $168.1M |
| Depreciation and amortisation | $22.3M | $22.3M | $21.6M | $18.5M | $17.4M | $17.4M | $16.6M | $14.5M | $14.7M | $14.2M |
| Stock-based compensation | $29.6M | $30.3M | $25.7M | $20.0M | $14.8M | $14.3M | $13.6M | $12.6M | $9.6M | $6.4M |
| Capital expenditure | $23.3M | $25.4M | $21.4M | $27.1M | $25.1M | $17.1M | $23.0M | $13.9M | $11.3M | $18.4M |
| Investing cash flow | -$238.2M | -$118.3M | -$507.9M | -$133.3M | -$83.8M | -$48.6M | -$65.3M | -$41.3M | -$76.3M | -$57.8M |
| Financing cash flow | $28.4M | -$152.6M | $416.4M | -$153.3M | -$81.3M | -$62.6M | -$70.2M | -$105.1M | -$69.2M | -$90.8M |
| Dividends paid | $12.8M | $12.9M | $13.0M | $13.8M | $14.4M | $14.4M | $14.4M | $7.3M | $21.8M | $29.7M |
| Buybacks | $69.3M | $82.3M | $36.1M | $96.6M | $24.4M | $7.3M | $31.8M | $10.0M | $7.7M | $39.9M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001559865-26-000017.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $389.5M | $407.1M | $453.9M | $487.4M | $510.6M | $589.8M | $618.4M | $694.7M | $845.5M | $931.8M |
| Gross profit | $387.3M | $404.2M | — | — | — | — | — | — | — | — |
| Net income | $75.0M | $55.1M | $86.3M | $103.5M | $104.4M | $161.0M | $239.0M | $80.0M | $115.0M | $145.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Other event Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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