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v3.24.2.u1

Segment Information - Operations by Segments (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Segment Reporting Information [Line Items] |  |  |  |
Revenues | $ 211,978 | $ 167,076 | $ 417,296 | $ 326,890
Operating costs and expenses | 168,618 | 132,303 | 341,133 | 252,027
Depreciation and amortization | 32,950 | 22,329 | 67,391 | 41,761
Non-operating income | 5,755 | 3,400 | 6,210 | 701
EBITDA | 82,065 | 60,502 | 149,764 | 117,325
Compensation and benefits | 7,601 | 8,701 | 15,591 | 14,546
Transaction, refinancing and other | (1,210) | 5,609 | (3,178) | 5,212
Loss (gain) on foreign currency remeasurement | (2,404) | (333) | 2,052 | 4,531
Adjusted EBITDA | 86,052 | 74,479 | 164,229 | 141,614
Payment Services - Puerto Rico & Caribbean |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 34,813 | 34,108 | 68,757 | 66,587
Latin America Payments and Solutions |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 69,510 | 34,749 | 139,657 | 66,042
Merchant Acquiring, net |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 45,319 | 41,248 | 88,418 | 81,595
Business Solutions |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 62,336 | 56,971 | 120,464 | 112,666
Operating Segments | Payment Services - Puerto Rico & Caribbean |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 54,199 | 50,795 | 107,230 | 99,224
Operating costs and expenses | 31,733 | 28,895 | 62,685 | 56,617
Depreciation and amortization | 7,496 | 6,087 | 14,758 | 11,975
Non-operating income | 134 | 115 | 282 | 480
EBITDA | 30,096 | 28,102 | 59,585 | 55,062
Compensation and benefits | 771 | 842 | 1,469 | 1,370
Transaction, refinancing and other | 456 | 288 | 723 | 580
Loss (gain) on foreign currency remeasurement | 35 | (49) | (67) | 46
Adjusted EBITDA | 31,358 | 29,183 | 61,710 | 57,058
Operating Segments | Latin America Payments and Solutions |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 74,669 | 39,076 | 148,885 | 74,393
Operating costs and expenses | 74,353 | 33,666 | 150,384 | 62,978
Depreciation and amortization | 15,051 | 5,393 | 31,308 | 8,104
Non-operating income | 5,274 | 2,290 | 4,109 | (1,495)
EBITDA | 20,641 | 13,093 | 33,918 | 18,024
Compensation and benefits | 1,654 | 999 | 3,152 | 1,651
Transaction, refinancing and other | (2,359) | 253 | (5,388) | 253
Loss (gain) on foreign currency remeasurement | (2,436) | (285) | 2,115 | 4,487
Adjusted EBITDA | 17,500 | 14,060 | 33,797 | 24,415
Operating Segments | Merchant Acquiring, net |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 45,319 | 41,248 | 88,418 | 81,595
Operating costs and expenses | 29,481 | 27,616 | 58,300 | 54,305
Depreciation and amortization | 1,409 | 1,150 | 2,642 | 2,279
Non-operating income | 0 | 1 | 0 | 308
EBITDA | 17,247 | 14,783 | 32,760 | 29,877
Compensation and benefits | 787 | 860 | 1,494 | 1,392
Transaction, refinancing and other | 214 | 0 | 214 | 0
Loss (gain) on foreign currency remeasurement | 0 | 0 | 0 | 0
Adjusted EBITDA | 18,248 | 15,643 | 34,468 | 31,269
Operating Segments | Business Solutions |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 62,336 | 56,971 | 120,464 | 112,666
Operating costs and expenses | 37,663 | 39,097 | 78,114 | 78,010
Depreciation and amortization | 3,750 | 4,469 | 8,188 | 8,957
Non-operating income | 151 | 66 | 290 | 598
EBITDA | 28,574 | 22,409 | 50,828 | 44,211
Compensation and benefits | 906 | 965 | 1,691 | 1,530
Transaction, refinancing and other | 289 | 0 | 289 | 0
Loss (gain) on foreign currency remeasurement | 0 | 0 | 0 | 0
Adjusted EBITDA | 29,769 | 23,374 | 52,808 | 45,741
Corporate and Other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | (24,545) | (21,014) | (47,701) | (40,988)
Operating costs and expenses | (4,612) | 3,029 | (8,350) | 117
Depreciation and amortization | 5,244 | 5,230 | 10,495 | 10,446
Non-operating income | 196 | 928 | 1,529 | 810
EBITDA | (14,493) | (17,885) | (27,327) | (29,849)
Compensation and benefits | 3,483 | 5,035 | 7,785 | 8,603
Transaction, refinancing and other | 190 | 5,068 | 984 | 4,379
Loss (gain) on foreign currency remeasurement | (3) | 1 | 4 | (2)
Adjusted EBITDA | (10,823) | (7,781) | (18,554) | (16,869)
Payment Processing | Corporate and Other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 14,200 | 13,400 | 28,800 | 26,400
Software Sale and Developments | Corporate and Other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 5,200 | 4,400 | 9,200 | 8,400
Transaction Processing and Monitoring Fees | Corporate and Other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | $ 5,200 | $ 3,300 | $ 9,700 | $ 6,200

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