Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development for all entities involved in the insurance and financial industries. Ebix powers businesses in more than 50 countries across six continents. The Company has its headquarters in Atlanta (GA), and has domestic operations in Los Angeles (CA), San Diego (CA), Walnut Creek (CA), Hemet (CA), Pittsburgh (PA), Miami (FL), Park City (UT), Herndon (VA), Columbus (OH), Dallas (TX) and Portland (MI). The Company also has offices in seven other countries – Australia, New Zealand, Singapore, China, Japan, Canada and India. Our vast customer base includes over 100 Insurance companies, TPAs, Banks, Financial Advisors and more than 300,000 Brokers/Agents, in addition to more than 1000 corporate clients. This includes an impressive blue-chip account base consisting some of the world’s largest and most respected insurance companies as well as a large community of insurance professionals. Targeting a nearly sixty billion-dollar market segment in US alone, Ebix has ample growth opportunities simply by leveraging its existing customer base and outstanding reputation for high-quality services.
Company Growth (employees)
Type
Public
HQ
Johns Creek, US
Founded
1976
Size (employees)
2,988 (est)+11%
Website
ebix.com
Ebix was founded in 1976 and is headquartered in Johns Creek, US

Key People at Ebix

Robin Raina

Robin Raina

Chairman, President & CEO
Robert F. Kerris

Robert F. Kerris

CFO
Graham Prior

Graham Prior

SVP, International Business & Intellectual Property

Ebix Office Locations

Ebix has an office in Johns Creek
Johns Creek, US (HQ)
1 Ebix Way

Ebix Metrics

Ebix Financial Metrics

Revenue (2016)

$298.3 m

Revenue growth (2015-16), %

12%

Net income (2016)

$94.3 m

Market capitalization (21-Mar-2017)

$2 b

Closing share price (21-Mar-2017)

$62.4

Cash (31-Dec-2016)

$114.1 m
Ebix's current market capitalization is $2 b.
Ebix's revenue was reported to be $298.3 m in FY, 2016 which is a 12.4% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$204.7 m$214.3 m$265.5 m$298.3 m

Revenue growth, %

5%24%12%

Gross profit

$164.2 m$166.9 m$193 m

Gross profit Margin, %

80%78%73%

Operating expense total

$129.7 m$134.6 m$176.8 m$198 m

EBIT

$75 m$79.7 m$88.7 m$100.3 m

EBIT margin, %

37%37%33%34%

Interest expense

$4.3 m$7.4 m

Interest income

$231 k$1.9 m

Pre tax profit

$86.6 m$95.9 m

Income tax expense

($7.1 m)($1.6 m)

Net Income

$59.3 m$63.6 m$79.5 m$94.3 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$56.7 m$52.3 m$57.2 m$114.1 m

Accounts Receivable

Inventories

Current Assets

$102.3 m$103.9 m$116.8 m$209.9 m

PP&E

$8.5 m$24.7 m$34.1 m$37.1 m

Goodwill

$337.1 m$402.2 m$402.3 m$441.4 m

Total Assets

$553.9 m$634.3 m$676 m$803.8 m

Accounts Payable

Current Liabilities

$66.7 m$69.8 m$51.3 m$89.7 m

Additional Paid-in Capital

$164.2 m$137.1 m$57.1 m

Retained Earnings

$257.6 m$309.7 m$378.8 m$457.4 m

Total Equity

$409 m$438.6 m

Financial Leverage

1.7 x1.8 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$59.3 m$63.6 m$79.5 m

Depreciation and Amortization

$10.1 m$9.7 m$10.6 m$10.7 m

Accounts Receivable

($3.3 m)($1.5 m)($7.3 m)($13 m)

Inventories

Accounts Payable

$1.1 m$14.7 m($19.9 m)($3.7 m)

Cash From Operating Activities

$57.1 m$58.5 m$48.7 m$83.7 m

Capital Expenditures

($1.2 m)($16.3 m)($14 m)($6 m)

Cash From Investing Activities

($8.8 m)($77.8 m)($37.4 m)($20.7 m)

Short-term Borrowings

($277 k)($231 k)($10 k)($5 k)

Dividends Paid

($2.8 m)($11.4 m)($10.5 m)($9.8 m)

Cash From Financing Activities

($26.4 m)$15.9 m($6.3 m)($4.1 m)

Interest Paid

$1.2 m$1.3 m$5.4 m$7.2 m

Income Taxes Paid

$13.8 m$11.4 m$28.6 m$16.6 m

Free Cash Flow

$58.3 m$74.8 m$62.7 m$89.7 m

Ebix Market Value History

Ebix Median Salaries

Source: 164 public H-1B filings from Ebix

Ebix Online Presence

Ebix News

Ebix Company Life

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