Company Quick10K Filing
EVO Payments
10-Q 2020-03-31 Filed 2020-05-08
10-K 2019-12-31 Filed 2020-02-27
10-Q 2019-09-30 Filed 2019-11-07
10-Q 2019-06-30 Filed 2019-08-09
S-1 2019-04-01 Public Filing
10-Q 2019-03-31 Filed 2019-05-02
10-K 2018-12-31 Filed 2019-03-25
10-Q 2018-09-30 Filed 2018-11-08
S-1 2018-09-18 Public Filing
10-Q 2018-06-30 Filed 2018-08-10
S-1 2018-04-25 Public Filing
8-K 2020-05-08 Earnings, Exhibits
8-K 2020-04-21 Enter Agreement, Sale of Shares, Shareholder Rights, Amend Bylaw, Exhibits
8-K 2020-03-29 Enter Agreement, Sale of Shares, Officers, Regulation FD, Exhibits
8-K 2020-02-27 Earnings, Exhibits
8-K 2020-02-25 Officers, Exhibits
8-K 2019-12-10 Officers
8-K 2019-12-05 Other Events, Exhibits
8-K 2019-11-11 Officers, Regulation FD, Exhibits
8-K 2019-11-07 Earnings, Exhibits
8-K 2019-09-24 Officers, Exhibits
8-K 2019-08-15 Other Events, Exhibits
8-K 2019-08-07 Earnings, Exhibits
8-K 2019-06-11 Shareholder Vote
8-K 2019-05-02 Earnings, Exhibits
8-K 2019-04-08 Other Events
8-K 2019-03-13 Earnings, Exhibits
8-K 2018-11-07 Earnings, Exhibits
8-K 2018-09-25 Other Events
8-K 2018-08-08 Earnings, Exhibits
8-K 2018-07-02 Officers
8-K 2018-06-14 Enter Agreement, Off-BS Arrangement, Regulation FD, Exhibits

EVO Payments Financials

EVOP Metrics, Comps, Filings

Quarterly | Annual

Business

Founded in 1989, we are a global merchant acquirer and payment processor servicing more than 550,000 merchants in North America and Europe and processing more than 950 million transactions in North America and 2.1 billion transactions in Europe annually. We operate at the center of global electronic commerce with local operations in 11 countries and the ability to serve 50 markets around the world through our three proprietary, in-house processing platforms that are connected by a single point of integration. We differentiate ourselves from our competitors through (1) a highly productive and scaled sales distribution network, including exclusive global financial institution referral partnerships, (2) our three proprietary, in-house processing platforms, and (3) a comprehensive suite of payment and commerce solutions. We believe these points of differentiation allow us to deliver strong organic growth, increase market share, and attract additional financial institution, technology and other strategic partner relationships.

Our business, both domestically and abroad, is supported by partnerships with independent software vendors (“ISVs”), integrated software dealers, enterprise resource planning (“ERP”) software dealers and eCommerce gateway providers which we refer to as our “Tech-enabled” division. These partnerships function by way of a technical integration between us and the third party in which the third party seamlessly passes information to our systems to streamline the merchant boarding process. We have emerged as a preferred partner for these third-party referral partners because of the ease of integration through our proprietary solutions, high merchant satisfaction levels driven by the quality of our service, the ease and speed of our boarding systems for new merchants, and our consistent and transparent approach to risk and underwriting.

Our business is also supported by our “Direct” division, which includes our referral relationships with fourteen leading financial institutions, many of which are long-term and on an exclusive basis. In the aggregate, these banks represent more than 12,000 branch locations which actively pursue new merchant relationships on our behalf every day. These financial institutions provide us with access to their brands, significantly enhancing our credibility and recognition. We build and maintain a direct relationship with our merchants in order to control our sales, price negotiation, underwriting, boarding and support processes. Our Direct division also includes our extensive direct sales capabilities and relationships. Finally, our “Traditional” division is our heritage U.S. portfolio composed primarily of independent sales organization (“ISO”) relationships.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Cardtronics (CATM) 1,427 26% 37.7 2% 1,829 1,481 1,338 346 40 52 1,974
NIC (EGOV) 1,368 0% 15.0 13% 380 140 346 0 50 77 1,159
Conduent (CNDT) 1,323 21% -1.0 -26% 5,114 3,104 3,368 724 -1,353 -1,069 1,087
CBIZ (CBZ) 1,302 15% 12.3 5% 1,397 741 944 140 71 111 1,362
stamps.com (STMP) 1,298 74% 9.7 9% 864 242 581 431 82 125 1,208
Tabula Rasa Healthcare (TRHC) 1,216 29% 1,416.0 -5% 499 314 269 78 -26 1 1,490
LendingClub (LC) 1,210 0% 2.6 -1% 3,050 2,162 752 0 -44 280 735
GreenSky (GSKY) 1,158 20% 8.5 13% 897 964 506 100 114 133 1,128
Radware (RDWR) 1,033 0% 533 169 0 0 0 0 988
EVO Payments (EVOP) 984 0% 13.1 -1% 1,600 1,454 507 0 -11 107 1,391
Global Cord Blood (CO) 850 0% 6,551 3,128 0 0 0 0 -4,148
Cass Information Systems (CASS) 817 0% 13.8 2% 1,781 1,534 118 0 31 43 594
Emerald Expositions Events (EEX) 722 67% 10.4 1% 1,534 819 316 213 18 68 708
TechTarget (TTGT) 696 77% 33.3 6% 214 66 98 75 13 20 668
Vantage Energy Acquisition (VEAC) 693 133.2 1% 562 23 0 0 4 5 693
B Riley Financial (RILY) 692 82% 9.6 3% 2,107 1,807 589 483 56 129 1,232
Quinstreet (QNST) 677 13% 35.4 17% 342 114 469 59 58 17 607
TPG Pace (TPGH) 576 0% 430 25 0 0 0 0 579
Resources Connection (RECN) 567 39% 10.9 6% 497 208 723 282 31 55 595
International Money Express (IMXI) 542 0% 12.7 8% 241 191 311 0 19 43 546

Balance Sheet ($MM)2018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash207235351221252312
Accounts Receivable71013121316
Inventory98910910
PP&E216229236239245251
Assets1,5131,6921,5341,7691,8471,600
Accounts Payable424649514711
Long-Term Debt727696697698687718
Liabilities1,3541,5151,3871,6481,6851,454
Stockholders' Equity-193-421-480
Income Statement ($MM)2018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue141145151112123122
Cost of Revenue5047
Gross Profit9198
R&D
SG&A11668666664
Tax-2932555
Net Income17-27-4-50-2
Cash Flow ($MM)2018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating51-1205891
Cash Investing-52-10-5-47
Cash Financing263-2323