Acquired by Madison Dearborn Partners in June 2023
MGI - MoneyGram International, Inc.
NASDAQ
->
Financial Services
->
Credit Services
Dallas,
United States
Type: Equity
MGI price evolution
MGI
| (in millions $) | 31 Mar 2023 | 31 Jan 2023 | 30 Sep 2022 | 30 Jun 2022 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $136.9 | $172.1 | $126.7 | $117.4 |
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | $136.9 | $172.1 | $126.7 | $117.4 |
| Long term investments | ||||
| Property, plant & equipment | $185 | $177 | $177.8 | $178.1 |
| Goodwill & intangible assets | $442.2 | $442.2 | $442.2 | $442.2 |
| Total noncurrent assets | ||||
| Total investments | ||||
| Total assets | $4135.5 | $4505.2 | $4389.1 | $4504.7 |
| Current liabilities | ||||
| Accounts payable | $144.9 | $159.7 | $138 | $134 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $188.9 | $205.1 | $183.8 | $184.2 |
| Long term debt | $785 | $785.4 | $785.7 | $786 |
| Total noncurrent liabilities | ||||
| Total debt | $829 | $830.8 | $831.5 | $836.2 |
| Total liabilities | $4278.9 | $4651 | $4575.5 | $4689.6 |
| Shareholders' equity | ||||
| Retained earnings | -$1474.2 | -$1479.2 | -$1501.1 | -$1505.3 |
| Other shareholder equity | -$64.5 | -$67.1 | -$80.3 | -$72.3 |
| Total shareholder equity | -$143.4 | -$145.8 | -$186.4 | -$184.9 |
| (in millions $) | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $172.1 | $155.2 | $196.1 | $146.8 |
| Short term investments | ||||
| Net receivables | $1107 | $700.4 | $825 | $715.5 |
| Inventory | ||||
| Total current assets | $2778.2 | $2751.3 | $196.1 | $146.8 |
| Long term investments | ||||
| Property, plant & equipment | $177 | $186.5 | $203.2 | $176.1 |
| Goodwill & intangible assets | $442.2 | $442.2 | $442.2 | $442.2 |
| Total noncurrent assets | $4478 | $4038.2 | ||
| Total investments | ||||
| Total assets | $4505.2 | $4476.5 | $4674.1 | $4185 |
| Current liabilities | ||||
| Accounts payable | $159.7 | $160 | $216.8 | $260.6 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $205.1 | $216.3 | $3919.7 | $3443.4 |
| Long term debt | $785.4 | $786.7 | $857.8 | $850.3 |
| Total noncurrent liabilities | $991.4 | $982 | ||
| Total debt | $830.8 | $843 | $916.9 | $850.3 |
| Total liabilities | $4651 | $4661.5 | $4911.1 | $4425.4 |
| Shareholders' equity | ||||
| Retained earnings | -$1479.2 | -$1513.4 | -$1475.3 | -$1460.1 |
| Other shareholder equity | -$67.1 | -$62.8 | -$58.4 | -$63.5 |
| Total shareholder equity | -$145.8 | -$185 | -$237 | -$240.4 |
| (in millions $) | 31 Mar 2023 | 31 Dec 2022 | 30 Sep 2022 | 30 Jun 2022 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $337.5 | $342.1 | $330.8 | $329.6 |
| Cost of revenue | $177.9 | $181.5 | $174.6 | $172.7 |
| Gross Profit | $159.6 | $160.6 | $156.2 | $156.9 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $76.9 | $71.9 | $70.5 | $74.4 |
| Total operating expenses | $139.9 | $125.5 | $133.1 | $139.8 |
| Operating income | $19.7 | $35.1 | $23.1 | $17.1 |
| Income from continuing operations | ||||
| EBIT | $18.7 | $33.9 | $22.3 | $16 |
| Income tax expense | -$1.3 | -$2.1 | $5.9 | $0.8 |
| Interest expense | $15 | $14.2 | $12.2 | $12.1 |
| Net income | ||||
| Net income | $5 | $21.8 | $4.2 | $3.1 |
| Income (for common shares) | $5 | $21.8 | $4.2 | $3.1 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1310.1 | $1283.6 | $1217.2 | $1285.1 |
| Cost of revenue | $690.2 | $684.1 | $653 | $662.2 |
| Gross Profit | $619.9 | $599.5 | $564.2 | $622.9 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $287.8 | $289.7 | $285.2 | $289.3 |
| Total operating expenses | $526.7 | $525.8 | $461.2 | $570.9 |
| Operating income | $93.2 | $73.7 | $103 | $52 |
| Income from continuing operations | ||||
| EBIT | $89.2 | $25.9 | $98.5 | $12.7 |
| Income tax expense | $5.6 | -$5.7 | $14 | -$4 |
| Interest expense | $49.4 | $69.5 | $92.4 | $77 |
| Net income | ||||
| Net income | $34.2 | -$37.9 | -$7.9 | -$60.3 |
| Income (for common shares) | $34.2 | -$37.9 | -$7.9 | -$60.3 |
| (in millions $) | 31 Mar 2023 | 31 Dec 2022 | 30 Sep 2022 | 30 Jun 2022 |
|---|---|---|---|---|
| Net income | $5 | $21.8 | $4.2 | $3.1 |
| Operating activities | ||||
| Depreciation | $12.5 | $13.7 | $13.7 | $12.1 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | -$7 | $60.1 | $28.7 | $26.9 |
| Investing activities | ||||
| Capital expenditures | -$19.9 | -$13.6 | -$17.8 | -$12.1 |
| Investments | $60.7 | -$4.2 | $0.2 | -$0.6 |
| Total cash flows from investing | $40.8 | -$17.8 | -$17.6 | -$12.7 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | -$1 | -$1 | -$1 | -$0.7 |
| Total cash flows from financing | -$198.6 | -$16.9 | -$89.6 | -$81.8 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$164.8 | $25.4 | -$78.5 | -$67.6 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Net income | $34.2 | -$37.9 | -$7.9 | -$60.3 |
| Operating activities | ||||
| Depreciation | $51.7 | $57 | $64.4 | $73.8 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $85.7 | $37.1 | $97.3 | $63 |
| Investing activities | ||||
| Capital expenditures | -$53.8 | -$41.4 | -$40.8 | -$54.5 |
| Investments | -$8.8 | -$3.1 | ||
| Total cash flows from investing | -$62.6 | -$44.5 | -$40.8 | -$54.5 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $90.9 | $49.5 | ||
| Net borrowings | -$4 | -$121.2 | -$6.5 | -$55.9 |
| Total cash flows from financing | -$402.8 | -$21 | -$7.2 | -$7.2 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$379.7 | -$28.4 | $49.3 | $1.3 |
News
|
Best Value Stocks to Buy for April 12th
Zacks via Yahoo Finance
12 Apr 2023
|
|
MoneyGram (MGI) Ties Up to Ease Remittance Receipts in Jamaica
Zacks via Yahoo Finance
13 Mar 2023
|
|
Arkansas, states win unclaimed money case before U.S. Supreme Court
FOX 16 Little Rock
1 Mar 2023
|
|
In Justice Jackson's first ruling, US Supreme Court decides MoneyGram case
Reuters
1 Mar 2023
|
|
MoneyGram and MoneyGram Haas F1 Team Unveil 2023 Car in Bahrain
WAVE 3 Louisville
23 Feb 2023
|
|
MoneyGram, BOTIM partner to launch international money transfer
American City Business Journals
25 Jan 2023
|
|
MoneyGram (MGI) Ties Up to Ease Money Remittances in Bahrain
Zacks via Yahoo Finance
15 Nov 2022
|
|
MoneyGram International Inc.
Dallas Morning News
10 Nov 2022
|
|
MoneyGram (MGI) Misses Q3 Earnings Estimates
Zacks via Yahoo Finance
9 Nov 2022
|
|
MoneyGram: Q3 Earnings Snapshot
Stamford Advocate
9 Nov 2022
|
Fundamentals
| Market cap | $1.07B |
|---|---|
| Enterprise value | $1.77B |
| Shares outstanding | 97.72M |
| Revenue | $1.34B |
|---|---|
| EBITDA | $142.90M |
| EBIT | $90.90M |
| Net Income | $34.10M |
| Revenue Q/Q | 9.72% |
| Revenue Y/Y | 4.60% |
| P/E ratio | 31.49 |
|---|---|
| EV/Sales | 1.32 |
| EV/EBITDA | 12.36 |
| EV/EBIT | 19.43 |
| P/S ratio | 0.80 |
| P/B ratio | -13.61 |
| Book/Share | -0.81 |
| Cash/Share | 1.40 |
| EPS | $0.35 |
|---|---|
| ROA | 0.78% |
| ROE | -20.65% |
| Debt/Equity | -31.90 |
|---|---|
| Net debt/EBITDA | 28.99 |
| Current ratio | 0.72 |
| Quick ratio | 0.72 |