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, GA, US
Websiteebix.com
Employee Ratings3
Overall CultureF

Latest Updates

Employees (est.) (Dec 2019)7,975(-13%)
Job Openings55
Revenue (FY, 2020)$625.6 M(+8%)
Share Price (Jan 2022)$30.2(+2%)
Cybersecurity ratingDMore
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Key People/Management at Ebix

Robin Raina

Robin Raina

Chairman of Board, President & CEO
Hans U. Benz

Hans U. Benz

Director
Rolf Herter

Rolf Herter

Director
Neil D. Eckert

Neil D. Eckert

Director
Pavan Bhalla

Pavan Bhalla

Director
Hans U. Keller

Hans U. Keller

Director
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Ebix Office Locations

Ebix has offices in Johns Creek, Addison, Birmingham, Bohemia and in 20 other locations
Johns Creek, GA, US (HQ)
1 Ebix Way
Addison, TX, US
5080 Spectrum Dr Suite 1000E
Birmingham, AL, US
2 Perimeter Park S # 310E
Bohemia, NY, US
1461 Lakeland Ave #2
Grove City, OH, US
1679 Gateway Cir 2nd Floor
Herndon, VA, US
478 Elden St #163
Show all (29)

Ebix Financials and Metrics

Ebix Revenue

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View revenue for all periods
Ebix's revenue was reported to be $625.61 m in FY, 2020
USD

Revenue (FY, 2020)

625.6m

Gross profit (FY, 2020)

282.3m

Gross profit margin (FY, 2020), %

45.1%

Net income (FY, 2020)

88.8m

EBIT (FY, 2020)

125.8m

Market capitalization (24-Jan-2022)

920.3m

Closing stock price (24-Jan-2022)

30.2

Cash (31-Dec-2020)

105.0m

EV

1.3b
Ebix's current market capitalization is $920.3 m.
Annual
USDFY, 2011FY, 2012FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

169.0m199.4m214.3m265.5m298.3m364.0m497.8m580.6m625.6m

Revenue growth, %

5%24%12%22%

Cost of goods sold

33.6m38.1m47.4m72.4m85.1m129.5m168.4m205.2m343.3m

Gross profit

135.4m161.2m166.9m193.0m213.2m234.5m329.4m375.4m282.3m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

42.3m42.6m43.8m47.7m53.8m52.6m51.0m50.3m51.4m51.5m50.8m63.8m64.7m66.8m71.1b72.6m74.6m79.1m87.4m92.8m108.2m232.9m128.6m142.9m144.3m147.2m137.9m111.3m

Cost of goods sold

8.9m8.7m9.0m9.2m9.5m9.9m10.4m10.1m9.6m10.0m10.3m19.5m18.7m17.8m19.6b20.6m22.4m25.2m30.9m34.9m39.6m43.0m45.9m51.0m55.2m57.5m49.1m

Gross profit

33.4m33.9m34.8m38.6m44.3m42.7m40.6m40.2m41.8m41.5m40.5m44.3m46.0m49.0m51.5b52.0m52.2m53.9m56.5m57.9m68.6m85.7m97.0m93.3m92.1m80.4m62.2m

Gross profit Margin, %

79%80%79%81%82%81%80%80%81%81%80%69%71%73%72%72%70%68%65%62%63%67%68%65%63%58%56%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

23.7m36.4m56.7m52.3m57.2m114.1m63.9m147.8m73.2m105.0m

Accounts Receivable

31.1m37.3m117.8m174.3m153.6m142.8m

Prepaid Expenses

4.5m3.2m59.3m67.1m

Inventories

Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

23.6m13.9m37.1m25.3m29.5m43.0m35.4m36.9m57.7m32.9m47.4m27.2m27.4m33.2m69.0m78.0m99.8m120.2m68.4m96.7m111.9m113.4m135.0m77.0m102.2m124.2m61.9m77.3m

Accounts Receivable

32.8m31.2m29.4m33.1m37.2m39.5m38.5m102.8m153.2m162.2m175.3m165.4m135.9m129.8m

Prepaid Expenses

5.3m4.4m4.7m6.1m6.6m4.7m5.2m16.5m32.8m60.8m60.7m63.6m

Current Assets

66.7m54.4m74.8m68.6m76.4m89.9m81.8m84.5m105.8m81.1m94.3m83.0m87.7m93.2m139.3m145.4m185.4m217.0m194.1m240.8m290.9m328.2m348.7m352.5m370.2m380.5m319.1m327.9m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

71.4m70.6m59.3m63.6m79.5m93.8m100.6m93.1m96.7m92.4m

Depreciation and Amortization

7.5m9.2m10.1m9.7m10.6m10.7m11.1m11.3m14.5m13.7m

Inventories

Accounts Payable

1.5m730.0k1.1m14.7m(19.9m)(3.7m)8.9m6.5m(19.6m)(14.6m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

37.5m54.0m15.7m33.8m51.8m17.3m30.9m13.1m15.4m13.6m18.0m18.3m37.4m57.6m74.0m84.6m25.7m54.6m75.1m24.7m48.2m

Depreciation and Amortization

3.9m5.6m1.9m4.1m6.6m2.5m5.0m2.5m2.6m2.4m2.4m2.6m5.2m7.9m2.7m5.4m8.1m2.9m5.6m8.3m2.8m5.3m7.9m4.1m7.3m11.0m3.6m6.8m

Accounts Payable

(3.5m)1.9m(861.0k)(858.0k)2.8m4.7m7.3m(18.8m)(21.4m)(7.6m)(4.2m)(4.5m)(7.1m)(7.3m)838.0k1.4m4.9m6.8m(2.2m)2.8m(4.5m)(9.8m)(8.0m)

Cash From Operating Activities

29.9m51.9m13.8m34.7m54.0m14.3m24.8m10.2m25.7m10.5m31.0m53.1m15.7m31.2m50.1m25.5m39.9m74.2m38.5m38.2m79.0m29.6m58.4m
USDQ2, 2011

Financial Leverage

1.2 x
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Ebix Operating Metrics

Ebix's Customers was reported to be 16 k in FY, 2016. Ebix's Enterprise Customers was reported to be 8 k in Jul, 2019.
FY, 2015FY, 2016Q3, 2017Jul, 2019

Customers

16 k16 k

Active Cities

2.6 k

Countries

50

Enterprise Customers

8 k
Show all operating metrics

Ebix Acquisitions / Subsidiaries

Company NameDateDeal Size
YatraJuly 17, 2019$337.8 m
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: 58.5% from United States, 5.8% from Latin America, 9.5% from Australia, 17.1% from India and 9.1% from Other

Ebix Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

SecurityScorecard logo

Ebix Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Ebix Online and Social Media Presence

Embed Graph

Ebix Company Culture

  • Overall Culture

    F

    50/100

  • CEO Rating

    F

    41/100

  • Compensation

    F

    25/100

  • Diversity

    D-

    48/100

Learn more on Comparably

Ebix News and Updates

Ebix Declares 7.5 Cent Quarterly Dividend, Payable December 15, 2021 to Shareholders of Record December 1, 2021

JOHNS CREEK, Ga., Nov. 17, 2021 (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…

Ebix Announces Third Quarter Fiscal Year 2021 Financial Results

JOHNS CREEK, Ga., Nov. 09, 2021 (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 announced the following results for the quarter ended September 30…

Ebix Hosts Q3 Investor Call Tuesday, November 9th at 11:00 a.m. ET

JOHNS CREEK, Ga., Nov. 02, 2021 (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 the Company will report its 2021 third quarter result…

Ebix Declares 7.5 Cent Quarterly Dividend, Payable September 15, 2021, to Shareholders of Record September 3, 2021

JOHNS CREEK, Ga., Aug. 23, 2021 (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…

Ebix Announces Second Quarter Fiscal Year 2021 Financial Results

JOHNS CREEK, Ga., Aug. 09, 2021 (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 announced the following results for the quarter ended June 30, 202…

Ebix Hosts Q2 Investor Call Monday, August 9th at 11:00 a.m. ET

JOHNS CREEK, Ga., July 30, 2021 (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 the Company will report its 2021 second quarter resul…
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Ebix Blogs

How the SEC Will Focus on Compliance in 2022

The Securities and Exchange Commission outlined its approach to compliance this year in a recent Risk Alert. 

Advisers Turn to Cryptocurrency to Stand Out From Competitors

Close to 30% of financial advisers are using or expect to use cryptocurrency in their clients' portfolios, according to a recent survey by Cerulli Associates. Cryptocurrencies such as Bitcoin and Ethereum provide an opportunity for financial advisers and platforms to work with regulators…

Annuities Are Coming to More Retirement Plans

Financial advisers have an opportunity to help their employer clients consider guaranteed income options for their defined benefit retirement plans as more employees want them.

How the Marketing Landscape Will Change for Advisers Next Year

Some financial advisers will have more flexibility with their marketing starting in the fall of 2022.

What the SEC Cybersecurity Crackdown Means for Financial Advisers

The U.S. Securities and Exchange Commission takes protecting clients’ data seriously.

More States Adopt Annuity ‘Best Interest’ Regulation

The push to change regulatory standards for annuity sales is gaining momentum.
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, Hans U. Benz and Rolf Herter.

  • How many employees does Ebix have?

    Ebix has 7,975 employees.

  • What is Ebix revenue?

    Latest Ebix annual revenue is $625.6 m.

  • What is Ebix revenue per employee?

    Latest Ebix revenue per employee is $78.4 k.

  • Who are Ebix competitors?

    Competitors of Ebix include iPipeline, Vertafore and BenefitMall.

  • Where is Ebix headquarters?

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

  • Where are Ebix offices?

    Ebix has offices in Johns Creek, Addison, Birmingham, Bohemia and in 20 other locations.

  • How many offices does Ebix have?

    Ebix has 29 offices.