Euronet Worldwide Inc
0.0 %
-0.18 %
Yet to be announced
Company Overview
Euronet Worldwide Inc is a global financial technology solutions and payments provider. The company operates through three segments: Electronic Fund Transfer (EFT) Processing, epay, and Money Transfer. They provide ATM services, card processing, point-of-sale processing, and electronic payment solutions for financial institutions and retailers.
The company's business model is primarily focused on transaction processing and payment solutions, operating a network of ATMs, providing digital payment solutions, and facilitating money transfers through their RIA and xe brands.
Revenue Sources
After reviewing Euronet's business segments and revenue sources, their primary income streams come from transaction processing fees, ATM operation fees, and money transfer services. These are legitimate business activities that involve real service provision and value creation. None of their major revenue streams appear to derive from haram sources like gambling, alcohol, tobacco, or other prohibited products and services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $1.1b | $941.3m | - | $24.2m | 0.00% | 2.57% |
| June 30, 2024 | $986.2m | $872.0m | - | $20.1m | 0.00% | 2.31% |
| March 31, 2024 | $857.0m | $807.9m | - | $14.9m | 0.00% | 1.84% |
| Dec. 31, 2023 | $957.7m | $723.2m | - | $16.5m | 0.00% | 2.28% |
Looking at the last four quarters, interest expense has remained relatively low compared to total expenses. The interest expense ratios for all quarters were well below the 5% threshold that would indicate material reliance on interest-bearing debt. The company's operational model is primarily fee-based rather than interest-based.
Operational Ethics
Based on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. While the company operates globally, there are no documented material ties to the Chinese Communist Party or the state of Israel that would raise concerns.
Login to join the discussion