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
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.
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