EEFT — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-07

•  our ability to successfully integrate acquired businesses and to realize any anticipated synergies;

•  the expected effects of changes in laws or accounting standards;

•  the impact of pandemics on our results of operations and financial positions;

• EFT Processing Segment total revenues were $295.4 million for the three months ended March 31, 2026, an increase of $62.9 million or 27% compared to the same period in 2025. Revenue growth was driven by continued growth in acquiring, REN infrastructure sales and contributions from the CoreCard acqui…

• Gross profit, which is calculated as revenues less direct operating costs, was $120.2 million for the three months ended March 31, 2026, an increase of $24.2 million or 25% compared to $96.0 million for the same period in 2025. Gross profit as a percentage of revenues (“gross margin”) decreased to 4…

Text removed vs the prior filing · source: 10-Q · 2025-11-04

•  the expected effects of changes in laws or accounting standards, including the excise tax on certain international remittances under the One Big Beautiful Bill Act (the “OBBBA”);

• Operating Income (Expense) for the Nine Months Ended September 30,

• EFT Processing Segment total revenues were $409.4 million for the three months ended September 30, 2025, an increase of $36.4 million or 10% compared to the same period in 2024. EFT Processing Segment total revenues were $980.4 million for the nine months ended September 30, 2025, an increase of $84…

• Gross profit, which is calculated as revenues less direct operating costs, was $215.0 million for the three months ended September 30, 2025, an increase of $16.3 million or 8% compared to $198.7 million for the same period in 2024. Gross profit was $475.6 million for the nine months ended September …

• Selling, general and administrative expenses were $13.7 million for the three months ended September 30, 2025, a decrease of $1.6 million or 10% compared to the same period in 2024. Selling, general and administrative expenses were $40.9 million for the nine months ended September 30, 2025, an incre…

Text added vs the prior filing · source: 10-Q · 2026-05-07

• As of March 31, 2026, our total debt outstanding, excluding unamortized debt issuance costs, was $2,579.8 million.

• Of this amount, $1 billion, net of debt discounts, or 39% of our total debt obligations, relates to our 2030 Convertible Notes that have a fixed coupon rate. Our $1,000 million outstanding principal amount of 2030 Convertible Notes accrue cash interest at a rate of 0.625% of the principal amount per…

• Also, $33.2 million, net of debt discounts, or 1% of our total debt obligations, relates to our contingent 2049 Convertible Notes that have a fixed coupon rate. Our $33.2 million outstanding principal amount of 2049 Convertible Notes accrue cash interest at a rate of 0.75% of the principal amount pe…

• Further, as of March 31, 2026 we had $570.7 million of borrowings under our Credit Facility, or 22% of our total debt obligations. If we were to maintain these borrowings for one year, a 1% (100 basis points) increase in the applicable interest rate would result in additional interest expense to the…

• Additionally, $693.1 million, or 27% of our total debt obligations, relates to Senior Notes having a fixed coupon rate. Our $693.1 million outstanding principal amount of Senior Notes accrue cash interest at a rate of 1.375% of the principal amount per annum. Based on quoted market prices, as of Mar…

Text removed vs the prior filing · source: 10-Q · 2025-11-04

• As of September 30, 2025, our total debt outstanding, excluding unamortized debt issuance costs, was $2,331.5 million. Of this amount, $1 billion, net of debt discounts, or 43% of our total debt obligations, relates to our 2030 Convertible Notes that have a fixed coupon rate. Our $1 billion outstand…

• For the nine months ended September 30, 2025, approximately 76.7% of our revenues were generated in non-U.S. dollar countries and we expect to continue generating a significant portion of our revenues in countries with currencies other than the U.S. dollar.

• We are particularly vulnerable to fluctuations in exchange rates of the U.S. dollar to the currencies of countries in which we have significant operations, primarily the euro, British pound, Australian dollar, Polish zloty, Indian rupee, New Zealand dollar, Malaysian ringgit and Hungarian forint. As…

• Additionally, we have other non-current, non-U.S. dollar assets and liabilities on our balance sheet that are translated to the U.S. dollar during consolidation. These items primarily represent goodwill and intangible assets recorded in connection with acquisitions in countries other than the U.S. a…

Text added vs the prior filing · source: 10-Q · 2026-05-07

• Since July 2024, the Company has received multiple differing judicial decisions at the same tax court addressing withholding taxes on certain agency relationships within the Money Transfer Segment in Italy. The Company had taken the position that the withholding tax is not applicable after consultin…

Text removed vs the prior filing · source: 10-Q · 2025-11-04

• During July 2024, the Company received an adverse judicial decision related to withholding taxes on certain agency relationships in Italy within the Money Transfer Segment, which the Company has appealed. In January 2025, the Company received a positive judicial decision in the same court related to…