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v3.25.3

SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2025
SEGMENT INFORMATION |
Schedule of reportable segment results | The following tables present the Company's reportable segment results for the three months and nine months ended September 30, 2025 and 2024:
|  |  | Three Months Ended September 30, 2025
(in millions) |  |  | EFT Processing |  |  | epay |  |  | Money Transfer |  |  | Corporate Services, Eliminations and Other |  |  | Consolidated
Total revenues |  | $ | 409.4 |  | $ | 286.5 |  | $ | 452.4 |  | $ | (2.6) |  | $ | 1,145.7
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Direct operating costs, exclusive of depreciation |  |  | 194.4 |  |  | 216.3 |  |  | 235.8 |  |  | (2.6) |  |  | 643.9
Salaries and benefits |  |  | 46.6 |  |  | 28.0 |  |  | 92.6 |  |  | 20.2 |  |  | 187.4
Selling, general and administrative |  |  | 13.7 |  |  | 9.7 |  |  | 58.1 |  |  | 3.1 |  |  | 84.6
Goodwill impairment |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Depreciation and amortization |  |  | 26.6 |  |  | 1.5 |  |  | 6.6 |  |  | 0.1 |  |  | 34.8
Total operating expenses |  |  | 281.3 |  |  | 255.5 |  |  | 393.1 |  |  | 20.8 |  |  | 950.7
Operating income (Loss) |  | $ | 128.1 |  | $ | 31.0 |  | $ | 59.3 |  | $ | (23.4) |  | $ | 195.0
|  |  | Three Months Ended September 30, 2024
(in millions) |  |  | EFT Processing |  |  | epay |  |  | Money Transfer |  |  | Corporate Services, Eliminations and Other |  |  | Consolidated
Total revenues |  | $ | 373.0 |  | $ | 290.3 |  | $ | 438.2 |  | $ | (2.2) |  | $ | 1,099.3
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Direct operating costs, exclusive of depreciation |  |  | 174.3 |  |  | 223.5 |  |  | 238.4 |  |  | (2.2) |  |  | 634.0
Salaries and benefits |  |  | 41.3 |  |  | 26.2 |  |  | 84.9 |  |  | 17.2 |  |  | 169.6
Selling, general and administrative |  |  | 15.3 |  |  | 9.6 |  |  | 50.8 |  |  | 4.9 |  |  | 80.6
Goodwill impairment |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Depreciation and amortization |  |  | 24.8 |  |  | 1.9 |  |  | 6.0 |  |  | 0.2 |  |  | 32.9
Total operating expenses |  |  | 255.7 |  |  | 261.2 |  |  | 380.1 |  |  | 20.1 |  |  | 917.1
Operating income (expense) |  | $ | 117.3 |  | $ | 29.1 |  | $ | 58.1 |  | $ | (22.3) |  | $ | 182.2
|  |  | Nine Months Ended September 30, 2025
(in millions) |  |  | EFT Processing |  |  | epay |  |  | Money Transfer |  |  | Corporate Services, Eliminations and Other |  |  | Consolidated
Total revenues |  | $ | 980.4 |  | $ | 834.0 |  | $ | 1,328.0 |  | $ | ($6.9) |  | $ | 3,135.5
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Direct operating costs, exclusive of depreciation |  |  | 504.8 |  |  | 629.3 |  |  | 698.3 |  |  | (6.9) |  |  | 1,825.5
Salaries and benefits |  |  | 121.8 |  |  | 78.7 |  |  | 268.7 |  |  | 55.8 |  |  | 525.0
Selling, general and administrative |  |  | 40.9 |  |  | 32.3 |  |  | 172.3 |  |  | 9.9 |  |  | 255.4
Goodwill impairment |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Depreciation and amortization |  |  | 76.9 |  |  | 4.8 |  |  | 18.7 |  |  | 0.4 |  |  | 100.8
Total operating expenses |  |  | 744.4 |  |  | 745.1 |  |  | 1,158.0 |  |  | 59.2 |  |  | 2,706.7
Operating income (expense) |  | $ | 236.0 |  | $ | 88.9 |  | $ | 170.0 |  | $ | (66.1) |  | $ | 428.8
|  |  | Nine Months Ended September 30, 2024
(in millions) |  |  | EFT Processing |  |  | epay |  |  | Money Transfer |  |  | Corporate Services, Eliminations and Other |  |  | Consolidated
Total revenues |  | $ | 895.6 |  | $ | 808.3 |  | $ | 1,244.6 |  | $ | (6.0) |  | $ | 2,942.5
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Direct operating costs, exclusive of depreciation |  |  | 457.9 |  |  | 617.1 |  |  | 679.5 |  |  | (6.0) |  |  | 1,748.5
Salaries and benefits |  |  | 107.5 |  |  | 75.4 |  |  | 248.3 |  |  | 51.1 |  |  | 482.3
Selling, general and administrative |  |  | 38.0 |  |  | 28.5 |  |  | 154.2 |  |  | 11.2 |  |  | 231.9
Goodwill impairment |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Depreciation and amortization |  |  | 73.5 |  |  | 5.4 |  |  | 20.0 |  |  | 0.4 |  |  | 99.3
Total operating expenses |  |  | 676.9 |  |  | 726.4 |  |  | 1,102.0 |  |  | 56.7 |  |  | 2,562.0
Operating income (expense) |  | $ | 218.7 |  | $ | 81.9 |  | $ | 142.6 |  | $ | (62.7) |  | $ | 380.5
The following table presents the Company's total assets by reportable segment:
|  |  | Total Assets as of
|  |  | September 30, 2025 |  |  | December 31, 2024
EFT Processing |  | $ | 3,136.4 |  | $ | 2,762.2
epay |  |  | 973.5 |  |  | 1,073.7
Money Transfer |  |  | 1,845.0 |  |  | 1,745.5
Corporate Services, Eliminations and Other |  |  | 320.5 |  |  | 253.1
Total |  | $ | 6,275.4 |  | $ | 5,834.5
Schedule of Company's revenues disaggregated by segment and region |
|  |  | Three Months Ended September 30, 2025 |  |  |  | Nine Months Ended September 30, 2025
(in millions) |  |  | EFT Processing |  |  | epay |  |  | Money Transfer |  |  | Total |  |  |  | EFT Processing |  |  | epay |  |  | Money Transfer |  |  | Total
Europe |  | $ | 322.6 |  | $ | 191.4 |  | $ | 201.5 |  | $ | 715.5 |  |  | $ | 725.7 |  | $ | 554.0 |  | $ | 579.6 |  | $ | 1,859.3
North America |  |  | 19.8 |  |  | 43.6 |  |  | 200.5 |  |  | 263.9 |  |  |  | 58.8 |  |  | 130.9 |  |  | 597.3 |  |  | 787.0
Asia Pacific |  |  | 57.8 |  |  | 38.8 |  |  | 33.1 |  |  | 129.7 |  |  |  | 170.7 |  |  | 113.5 |  |  | 99.4 |  |  | 383.6
Other |  |  | 9.2 |  |  | 12.7 |  |  | 17.3 |  |  | 39.2 |  |  |  | 25.2 |  |  | 35.6 |  |  | 51.7 |  |  | 112.5
Eliminations |  |  | — |  |  | — |  |  | — |  |  | (2.6) |  |  |  | — |  |  | — |  |  | — |  |  | (6.9)
Total |  | $ | 409.4 |  | $ | 286.5 |  | $ | 452.4 |  | $ | 1,145.7 |  |  | $ | 980.4 |  | $ | 834.0 |  | $ | 1,328.0 |  | $ | 3,135.5
|  |  | Three Months Ended September 30, 2024 |  |  |  | Nine Months Ended September 30, 2024
(in millions) |  |  | EFT Processing |  |  | epay |  |  | Money Transfer |  |  | Total |  |  |  | EFT Processing |  |  | epay |  |  | Money Transfer |  |  | Total
Europe |  | $ | 294.2 |  | $ | 178.2 |  | $ | 186.1 |  | $ | 658.5 |  |  | $ | 671.5 |  | $ | 506.3 |  | $ | 520.6 |  | $ | 1,698.4
North America |  |  | 18.9 |  |  | 58.3 |  |  | 201.8 |  |  | 279.0 |  |  |  | 55.1 |  |  | 151.2 |  |  | 577.9 |  |  | 784.2
Asia Pacific |  |  | 55.3 |  |  | 41.5 |  |  | 32.5 |  |  | 129.3 |  |  |  | 157.5 |  |  | 112.1 |  |  | 95.1 |  |  | 364.7
Other |  |  | 4.6 |  |  | 12.3 |  |  | 17.8 |  |  | 34.7 |  |  |  | 11.5 |  |  | 38.7 |  |  | 51.0 |  |  | 101.2
Eliminations |  |  | — |  |  | — |  |  | — |  |  | (2.2) |  |  |  | — |  |  | — |  |  | — |  |  | (6.0)
Total |  | $ | 373.0 |  | $ | 290.3 |  | $ | 438.2 |  | $ | 1,099.3 |  |  | $ | 895.6 |  | $ | 808.3 |  | $ | 1,244.6 |  | $ | 2,942.5

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