Earthport

Earthport is a regulated global financial services organisation specialising in cross-border payments. Earthport provides a cost-effective and transparent service for secure international payments, servicing; banks, money transfer organisations, payment aggregators, e-commerce businesses and foreign exchange businesses. Earthport delivers a “global ACH” capability using an innovative payments framework specifically designed for high volumes of low value cross-border payments. This provides our clients with access to local clearing schemes in over 60 countries. Earthport is headquartered in London with a regional office in New York.
Type
Public
HQ
London, GB
Size (employees)
185 (est)+15%
Earthport is headquartered in London, GB

Earthport Office Locations

Earthport has offices in London, New York, Dubai, Miami and in 1 other location
London, GB (HQ)
21 New St
Singapore, SG
Mountbatten Rd
Miami, US
Blue Lagoon Dr
New York, US
60 E 42nd St

Earthport Data and Metrics

Earthport Financial Metrics

Earthport's revenue was reported to be £22.8 m in FY, 2016 which is a 18% increase from the previous period.
GBP

Revenue (FY, 2016)

22.8 m

Revenue growth (FY, 2015 - FY, 2016), %

18%

Gross profit (FY, 2016)

15.3 m

Gross profit margin (FY, 2016), %

67%

Net income (FY, 2016)

(8.2 m)

Market capitalization (24-Jul-2017)

95.8 m

Closing share price (24-Jul-2017)

0.2

Cash (30-Jun-2016)

14.4 m
Earthport's current market capitalization is £95.8 m.
GBPFY, 2014FY, 2015FY, 2016

Revenue

10.8 m19.3 m22.8 m

Revenue growth, %

78%18%

Cost of goods sold

2.6 m4.3 m7.4 m

Gross profit

8.3 m14.9 m15.3 m

Gross profit Margin, %

76%77%67%

Operating expense total

14.6 m22.9 m23.4 m

Pre tax profit

(6.3 m)(8.7 m)(7.2 m)

Net Income

(6.7 m)(8.7 m)(8.2 m)
GBPFY, 2014FY, 2015FY, 2016

Cash

9.5 m30.2 m14.4 m

Accounts Receivable

6.4 m6.5 m8.3 m

Current Assets

17.1 m39.5 m32 m

PP&E

1.1 m1.3 m597 k

Goodwill

9.1 m9.1 m9 m

Total Assets

27.3 m49.9 m41.5 m

Accounts Payable

5.2 m3.7 m2.1 m

Current Liabilities

8.8 m8.5 m9.3 m

Total Liabilities

12.2 m12.5 m11 m

Retained Earnings

(6.7 m)(8.7 m)(8.2 m)

Total Equity

15.1 m37.4 m30.5 m

Financial Leverage

1.8 x1.3 x1.4 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

(4.4 m)(2.9 m)(13.1 m)

Cash From Financing Activities

3.8 m26.3 m134 k

Income Taxes Paid

(371 k)18 k(996 k)
GBPY, 2016

Revenue/Employee

141.4 k

Financial Leverage

1.4 x

Earthport Market Value History

Traffic Overview of Earthport

Earthport Online and Social Media Presence

Earthport News and Updates

Small firms review foreign exchange hedging strategies after Brexit shock

Small and medium-sized businesses feel they need to change their approach to foreign exchange hedging after the Brexit vote, according to new research. Some 77 per cent of firms said they needed to change their approach, but 80 per cent of the 75 SMEs surveyed by Earthport said they had failed to…

Earthport Company Life and Culture

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