Company Quick10K Filing
Verifone
10-Q 2018-04-30 Filed 2018-06-08
10-Q 2018-01-31 Filed 2018-03-09
10-K 2017-10-31 Filed 2017-12-18
10-Q 2017-07-31 Filed 2017-09-08
10-Q 2017-04-30 Filed 2017-06-09
10-Q 2017-01-31 Filed 2017-03-10
10-K 2016-10-31 Filed 2016-12-27
10-Q 2016-07-31 Filed 2016-09-01
10-Q 2016-04-30 Filed 2016-06-07
10-Q 2016-01-31 Filed 2016-03-11
10-K 2015-10-31 Filed 2015-12-18
10-Q 2015-07-31 Filed 2015-09-04
10-Q 2015-04-30 Filed 2015-06-05
10-Q 2015-01-31 Filed 2015-03-11
10-K 2014-10-31 Filed 2014-12-17
10-Q 2014-07-31 Filed 2014-09-04
10-Q 2014-04-30 Filed 2014-06-05
10-Q 2014-01-31 Filed 2014-03-12
10-K 2013-10-31 Filed 2013-12-19
10-Q 2013-07-31 Filed 2013-09-06
10-Q 2013-04-30 Filed 2013-06-05
10-Q 2013-01-31 Filed 2013-03-11
10-K 2012-10-31 Filed 2012-12-19
10-Q 2012-07-31 Filed 2012-09-10
10-Q 2012-04-30 Filed 2012-06-11
10-Q 2012-01-31 Filed 2012-03-12
10-K 2011-10-31 Filed 2011-12-23
10-Q 2011-07-31 Filed 2011-09-09
10-Q 2011-04-30 Filed 2011-06-08
10-Q 2011-01-31 Filed 2011-03-11
10-K 2010-10-31 Filed 2010-12-21
10-Q 2010-07-31 Filed 2010-09-03
10-Q 2010-04-30 Filed 2010-06-04
10-Q 2010-01-31 Filed 2010-03-05
8-K 2018-08-20 Enter Agreement, Leave Agreement, M&A, Off-BS Arrangement, Shareholder Rights, Control, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2018-07-10 Officers
8-K 2018-07-08 Officers, Other Events, Exhibits
8-K 2018-06-19 Shareholder Vote
8-K 2018-06-08 Earnings, Exhibits
8-K 2018-06-06 Other Events
8-K 2018-05-24 Other Events, Exhibits
8-K 2018-04-09 Enter Agreement, Amend Bylaw, Other Events, Exhibits
8-K 2018-03-26 Shareholder Vote
8-K 2018-03-08 Earnings, Exhibits
8-K 2018-02-07 Enter Agreement, Off-BS Arrangement, Exhibits

Verifone Financials

PAY Metrics, Comps, Filings

Quarterly | Annual

Business

Verifone is a global leader in payments and commerce solutions at the point of sale ("POS"). For over 35 years, we have designed, manufactured, marketed and supplied a broad range of innovative payment solutions and complementary services. Our solutions enable merchants and the institutions that serve them to securely accept electronic forms of payment and ensure regulatory and industry standards compliance; enable value-added exchange between merchants and consumers; and enhance payment security. Key industries in which we operate include financial services, retail, petroleum, restaurant, hospitality, transportation, and healthcare.

VeriFone, Inc., our principal operating subsidiary, was incorporated in 1981. Shortly afterward, we introduced the first check verification and credit authorization device utilized by merchants in a commercial setting. In 1984, we introduced the first mass market electronic payment system intended to replace manual credit card authorization devices for small merchants. VeriFone, Inc. operated as a publicly-traded company from 1990 until it was acquired in 1997 by Hewlett-Packard, which operated it as a division. In July 2001, HP sold VeriFone, Inc. to Gores Technology Group, LLC, a privately held acquisition and investment management firm. In July 2002, VeriFone, Inc. was recapitalized and VeriFone Systems, Inc. (formerly known as VeriFone Holdings, Inc.), a Delaware corporation, was organized as a holding company for VeriFone, Inc. In connection with the recapitalization, certain investment funds affiliated with GTCR Golder Rauner, LLC, a private equity firm, became our majority stockholders. VeriFone completed its initial public offering on May 4, 2005. In June 2009, the GTCR-affiliated funds ceased to be beneficial owners of 5% or more of our outstanding common stock.

Our business has grown through a combination of organic growth and strategic acquisitions. For instance, in December 2015, we acquired InterCard AG, a leading payment service provider in Germany, and in February 2016, we acquired AJB Software Design, a provider of payment gateway and switching solutions for large merchants in the U.S. and Canada.


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
Amtrust Financial Services (AFSI) 2,888 0% 7.6 1% 25,690 22,231 6,689 0 261 250 1,894
Mazor Robotics (MZOR) 2,794 0% 131 17 0 0 0 0 2,794
BridgeBio Pharma (BBIO) 2,745 0% -41.0 -9% 641 116 27 0 -61 -59 2,406
Steadfast Income REIT (SFR) 2,707 0% 20.7 12% 851 524 124 0 103 149 3,080
Syntel (SYNT) 2,670 38% 9.6 37% 488 423 966 363 178 271 2,592
Wiley John & Sons (JWA) 2,612 68% 9.8 5% 3,083 1,904 1,830 1,249 147 338 3,299
LifePoint Health (LPNT) 2,572 0% 10.3 1% 6,277 3,845 4,730 0 46 517 5,298
Blackhawk Network (HAWK) 2,552 81% -321.4 -6% 2,726 2,037 2,254 1,814 -158 -9 2,906
Longfin (LFIN) 2,541 0% -173.8 -11% 173 45 160 0 -18 -15 2,541
Verifone (PAY) 2,539 40% 39.3 -3% 2,343 1,573 1,819 725 -77 82 3,220
Linn Energy (LNGG) 2,500 0% -49.6 -2% 2,922 1,433 297 0 -70 -65 3,229
Convergys (CVG) 2,494 38% 9.6 4% 2,205 796 2,701 1,018 87 266 2,562
Ocean Rig UDW (ORIG) 2,396 0% 2,852 649 0 0 0 0 2,192
FCB Financial (FCB) 2,389 11.9 0% 12,433 11,056 0 0 0 185 2,188
iHeartMedia (IHRT) 2,182 0% 8.0 3% 10,935 4,738 0 319 959 7,703
Cloudflare (NET) 2,153 78% -50.0 -5% 840 99 74 58 -41 -33 1,645
PagerDuty (PD) 2,146 85% -52.5 -9% 420 116 120 102 -40 -37 1,970
Pinnacle Entertainment (PNK) 2,104 0% 4.0 2% 3,859 4,140 2,544 0 80 673 2,702
Tesaro (TSRO) 2,098 69% -3.8 -91% 711 842 219 151 -649 -587 2,256
Porter Holding International (ULNV) 2,022 49% -3,780.1 -18% 3 4 2 1 -1 -1 2,022

Balance Sheet ($MM)2011-01-312011-04-302011-07-312011-10-312012-01-312012-04-302012-07-312012-10-312013-01-312013-04-302013-07-312013-10-312014-01-312014-04-302014-07-312014-10-312015-01-312015-04-302015-07-312015-10-312016-01-312016-04-302016-07-312016-10-312017-01-312017-04-302017-07-312017-10-312018-01-312018-04-30
Cash479532584595380361410454477506309268249230264250241234242209186157157148147134159144166198
Accounts Receivable165208221294303337371367355316269284263301299306287328322362356397370323323335326323295320
Inventory112106110144171162165178189181172139121113113124138129122130137155183175156142127127127124
PP&E4646461267875191203217196202203130130128129126
Assets1,1531,2521,3812,3143,7483,7463,4403,4913,5343,4673,2652,9942,8652,8612,8112,7022,5042,5132,4872,4732,5412,7082,6362,4952,4432,4042,4192,3222,3582,343
Accounts Payable7893104144152138184193155151112117110147143161146171150189185217192155133155157145146165
Long-Term Debt4714734814941,6371,6121,3221,3081,2921,2791,1191,0361,001940929888868847817814946968985937914887886838848879
Liabilities8899199601,1182,4942,4642,1872,1452,1132,1391,9241,8421,7281,7191,7021,6321,5421,5501,5121,5391,6841,7771,7641,6411,5981,6271,6381,5401,5291,573
Stockholders' Equity2633324201,1941,2161,2431,2171,3081,3841,2911,3031,1151,1001,1061,0721,034925928940900822898831814807750752755800745
Income Statement ($MM)2011-01-312011-04-302011-07-312011-10-312012-01-312012-04-302012-07-312012-10-312013-01-312013-04-302013-07-312013-10-312014-01-312014-04-302014-07-312014-10-312015-01-312015-04-302015-07-312015-10-312016-01-312016-04-302016-07-312016-10-312017-01-312017-04-302017-07-312017-10-312018-01-312018-04-30
Revenue284292317411420575489485429426416431436466476490486490510514514526488464454474467477437438
Cost of Revenue172170185285263357282286257272261267266291293294287286303298298316297113282301292282259260
Gross Profit111123132126157217208200172154155164170191183196199204207216215210191178171173174194178178
R&D222527353538394040434646515053504948545152555249575251534852
SG&A5258619086959084869093109102106113107105105112112108114103971009892949896
Tax6413-16-10-52142-21-13220-7-16-2111-122306391010-19
Net Income322526199-33382712-57-2-248-16-24-283114181038243-31-5-17-89-7137-17
Cash Flow ($MM)2011-01-312011-04-302011-07-312011-10-312012-01-312012-04-302012-07-312012-10-312013-01-312013-04-302013-07-312013-10-312014-01-312014-04-302014-07-312014-10-312015-01-312015-04-302015-07-312015-10-312016-01-312016-04-302016-07-312016-10-312017-01-312017-04-302017-07-312017-10-312018-01-312018-04-30
Cash Operating303853533231827353794955325759524156718063511367453660265227
Cash Investing-12-81-44-1,076-21-3-18-16-31-83-15-18-21-21-18-20-40-32-36-130-98-25-23-18-16-22-179-7
Cash Financing1519-15831-26-23-13-18-16-159-84-29-58-2-39-16-17-27-73501115-51-27-30-8-47-4717