OverviewSuggest Edit

Ebix provides software and e-commerce solutions to insurance, finance, and healthcare industries. It offers software development, customization, and consulting services to various entities in the insurance industry, including carriers, brokers, exchanges, and standard making bodies. The Company operates data exchanges in the areas of life insurance, annuities, employee health benefits, risk management, workers compensation, insurance underwriting, and property and casualty (P&C) insurance.
TypePublic
Founded1976
HQJohns Creek, US
Websiteebix.com
Employee Ratings2.7

Latest Updates

Employees (est.) (Feb 2019)4,515
Job Openings35
Revenue (FY, 2018)$497.8 M(+37%)
Share Price (Mar 2019)$51.6

Key People/Management at Ebix

Robin Raina

Robin Raina

Chairman, President & CEO
Robert Kerris

Robert Kerris

CFO
Graham Prior

Graham Prior

SVP, International Business & Intellectual Property
Show more

Ebix Office Locations

Ebix has offices in Johns Creek, Irvine, New Britain, Birmingham and in 23 other locations
Johns Creek, US (HQ)
1 Ebix Way
Birmingham, US
12 Perimeter Park S
Bohemia, US
1461 Lakeland Ave #2
Grove City, US
1679 Gateway Cir 2nd Floor
Irvine, US
300 Commerce #150
Laguna Niguel, US
30101 Town Center Dr #220
Show all (28)
Report incorrect company information

Ebix Financials and Metrics

Ebix Revenue

Ebix's revenue was reported to be $497.83 m in FY, 2018
USD

Revenue (FY, 2018)

497.8m

EBIT (FY, 2018)

153.0m

Market capitalization (18-Mar-2019)

1.6b

Closing stock price (18-Mar-2019)

51.6

Cash (31-Dec-2018)

147.8m
Ebix's current market capitalization is $1.6 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

214.3m265.5m298.3m364.0m497.8m

Revenue growth, %

5%24%12%22%

Cost of goods sold

47.4m72.4m85.1m129.5m

Gross profit

166.9m193.0m213.2m234.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

50.3m51.4m51.5m50.8m63.8m64.7m66.8m71.1b72.6m74.6m79.1m87.4m92.8m108.2m232.9m128.6m

Cost of goods sold

10.1m9.6m10.0m10.3m19.5m18.7m17.8m19.6b20.6m22.4m25.2m30.9m34.9m39.6m

Gross profit

40.2m41.8m41.5m40.5m44.3m46.0m49.0m51.5b52.0m52.2m53.9m56.5m57.9m68.6m

Gross profit Margin, %

80%81%81%80%69%71%73%72%72%70%68%65%62%63%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

56.7m52.3m57.2m114.1m63.9m147.8m

Accounts Receivable

117.8m

Inventories

Current Assets

102.3m103.9m116.8m209.9m252.9m427.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

36.9m57.7m32.9m47.4m27.2m27.4m33.2m69.0m78.0m99.8m120.2m68.4m96.7m111.9m113.4m135.0m

Current Assets

84.5m105.8m81.1m94.3m83.0m87.7m93.2m139.3m145.4m185.4m217.0m194.1m240.8m290.9m328.2m348.7m

PP&E

8.8m8.3m21.1m22.6m28.1m32.3m33.6m34.2m34.5m36.2m38.8m40.9m41.4m40.6m41.1m45.6m

Goodwill

337.4m341.7m352.8m350.3m399.4m412.8m408.1m403.2m406.9m428.1m443.3m557.5m559.2m672.2m825.5m870.3m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

59.3m63.6m79.5m93.8m100.6m

Depreciation and Amortization

10.1m9.7m10.6m10.7m11.1m11.3m

Inventories

Accounts Payable

1.1m14.7m(19.9m)(3.7m)8.9m6.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

13.1m15.4m13.6m18.0m18.3m37.4m57.6m

Depreciation and Amortization

2.5m2.6m2.4m2.4m2.6m5.2m7.9m2.7m5.4m8.1m2.9m5.6m8.3m2.8m5.3m7.9m

Accounts Payable

(18.8m)(21.4m)(7.6m)(4.2m)(4.5m)(7.1m)(7.3m)838.0k1.4m4.9m6.8m

Cash From Operating Activities

10.2m25.7m10.5m31.0m53.1m15.7m31.2m50.1m25.5m39.9m74.2m
USDY, 2018

Revenue/Employee

110.3k

Financial Leverage

3 x
Show all financial metrics

Ebix Operating Metrics

Ebix's Customers was reported to be 16 k in FY, 2016.
FY, 2015FY, 2016Q3, 2017

Customers

16 k16 k

Active Cities

2.60 k

Agents

100 k

Locations

40
Show all operating metrics

Ebix Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Zillious Solutions Pvt LtdFebruary 18, 2019
Leisure CorpAugust 03, 2018
Mercury TravelAugust 03, 2018
Centrum DirectApril 02, 2018

Ebix Revenue Breakdown

Embed Graph

Ebix revenue breakdown by geographic segment: 17.1% from India, 9.5% from Australia, 5.8% from Latin America, 58.5% from United States and 9.1% from Other

Report incorrect company information

Ebix Online and Social Media Presence

Embed Graph
Report incorrect company information

Ebix News and Updates

Yatra Online to Review Proposal From Ebix

GURUGRAM, India and NEW YORK, March 11, 2019 /PRNewswire/ -- Yatra Online, Inc. ("the Company") (NASDAQ: YTRA), India's leading corporate travel services provider and one of India's leading online travel agencies, today confirmed that it received a proposal from Ebix Inc. (NASDAQ: EBIX)...

Ebix Offers to Acquire India’s Largest Corporate Travel Exchange, Yatra Online, Inc.

JOHNS CREEK, Ga., March 11, 2019 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that it has sent a letter to the Board of Yatra Online, I…

Ebix Announces Aspirational Quarterly Annualized Revenue Goal of Three Quarters of a Billion by Q4 2019

JOHNS CREEK, Ga., March 05, 2019 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that it is targeting an aspirational revenue goal of $750…

Ebix Reports 2018 Revenue Rose 37% to a Record $497.8M, With Full Year Operating Income Rising 35% to a Record $153M

JOHNS CREEK, Ga., March 01, 2019 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, today reported fiscal 2018 fourth quarter (Q4 2018) and full year resu…

Ebix Hosts Q4 Investor Call Friday, March 1st at 11:00 a.m. ET

JOHNS CREEK, Ga., Feb. 22, 2019 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial, e-governance and healthcare industries, announced today that the Company will report its fourth quarter and ful…

Ebix Declares 7.5 Cent Quarterly Dividend, Payable March 15, to Shareholders of Record February 28, 2019

JOHNS CREEK, Ga., Feb. 14, 2019 (GLOBE NEWSWIRE) -- Ebix, Inc., (NASDAQ: EBIX) a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that its Board of Directors has declared a regular quarte…
Show more
Report incorrect company information

Ebix Blogs

Boeing’s Turmoil Reminds Us to Diversify

You should expect gains and losses in every asset class you own The turmoil witnessed by investors in Boeing in mid-March 2019 sadly demonstrated the benefits of diversifying your assets.

Keep Your New Year's Resolutions Going Strong: Overcome Your Exercise Plateau

We're nearing the end of February, and for many this is the time New Year's resolutions begin to tapper off or lose some momentum - and the most common resolutions are health and fitness related. People often abandon their workouts when the results, getting stronger or slimmer, begin to …

The Web Really Isn’t Worldwide – Every Country has Different Access

What the internet looks like to users in the U.S. can be quite different from the online experience of people in other countries. Some of those variations are due to government censorship of online services, which is a significant threat to internet freedom worldwide. But private compani…
Show more

Ebix Frequently Asked Questions

  • When was Ebix founded?

    Ebix was founded in 1976.

  • Who are Ebix key executives?

    Ebix's key executives are Robin Raina, Robert Kerris and Graham Prior.

  • How many employees does Ebix have?

    Ebix has 4,515 employees.

  • What is Ebix revenue?

    Latest Ebix annual revenue is $497.8 m.

  • What is Ebix revenue per employee?

    Latest Ebix revenue per employee is $110.3 k.

  • Who are Ebix competitors?

    Competitors of Ebix include Applied Systems, iPipeline and Vertafore.

  • Where is Ebix headquarters?

    Ebix headquarters is located at 1 Ebix Way, Johns Creek.

  • Where are Ebix offices?

    Ebix has offices in Johns Creek, Irvine, New Britain, Birmingham and in 23 other locations.

  • How many offices does Ebix have?

    Ebix has 28 offices.