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. The Company provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and risk compliance solutions to custom software development for all entities involved in the insurance industry.

Company Growth (employees)
Type
Public
HQ
Johns Creek, US
Founded
1976
Size (employees)
2,988 (est)
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 Kerris

Robert 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 Data and Metrics

Ebix Financial Metrics

Ebix's revenue was reported to be $79.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

79.1 m

Gross profit (Q1, 2017)

53.9 m

Gross profit margin (Q1, 2017), %

68%

EBIT (Q1, 2017)

25.7 m

Market capitalization (17-Aug-2017)

1.8 b

Cash (31-Mar-2017)

120.2 m
Ebix's current market capitalization is $1.8 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

214.3 m265.5 m298.3 m

Revenue growth, %

5%24%12%

Cost of goods sold

47.4 m72.4 m85.1 m

Gross profit

166.9 m193 m213.2 m

Gross profit Margin, %

78%73%71%

Sales and marketing expense

13.8 m14.9 m17.5 m

R&D expense

33 m

General and administrative expense

36.9 m48.1 m51.7 m

Operating expense total

134.6 m176.8 m198 m

EBIT

79.7 m88.7 m100.3 m

EBIT margin, %

37%33%34%

Interest expense

4.3 m7.4 m

Interest income

231 k1.9 m

Pre tax profit

86.6 m95.9 m

Income tax expense

(7.1 m)(1.6 m)

Net Income

63.6 m79.5 m94.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

51.5 m50.8 m63.8 m64.7 m66.8 m71.1 b72.6 m74.6 m79.1 m

Cost of goods sold

10 m10.3 m19.5 m18.7 m17.8 m19.6 b20.6 m22.4 m25.2 m

Gross profit

41.5 m40.5 m44.3 m46 m49 m51.5 b52 m52.2 m53.9 m

Gross profit Margin, %

81%80%69%71%73%72%72%70%68%

Sales and marketing expense

3.8 m3.6 m3.4 m3.6 m3.8 m4.3 b4.2 m4.5 m4.3 m

R&D expense

6.8 m6.8 m7 m7.3 m8.3 m8.1 b8.3 m8.6 m8.4 m

General and administrative expense

11.1 m6 m10.7 m12.1 m12.1 m11.6 b13.3 m12.1 m12.7 m

Operating expense total

21.6 m16.3 m21.2 m23 m24.3 m24 b25.8 m25.2 m25.4 m

EBIT

17.5 m21.7 m20.5 m20.4 m22 m24.8 b23.6 m24.3 m25.7 m

EBIT margin, %

34%43%32%32%33%35%32%33%32%

Interest expense

(211 k)(392 k)(719 k)(625 k)(1.1 m)(1.3 b)(2.2 m)(1.9 m)(2.5 m)

Interest income

130 k61 k61 k44 k62 k143 m441 k635 k774 k

Pre tax profit

16.9 m22 m20.7 m20.2 m22.1 m24.1 b21.6 m24.7 m27.5 m

Income tax expense

(3.3 m)(4 m)(2.4 m)(1.1 m)(1.9 m)(1.8 b)1.4 m(789 k)(869 k)

Net Income

13.6 m18 m18.3 m19 m20.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

56.7 m52.3 m57.2 m114.1 m

Current Assets

102.3 m103.9 m116.8 m209.9 m

PP&E

8.5 m24.7 m34.1 m37.1 m

Goodwill

337.1 m402.2 m402.3 m441.4 m

Total Assets

553.9 m634.3 m676 m803.8 m

Accounts Payable

44.9 m

Current Liabilities

66.7 m69.8 m51.3 m89.7 m

Total Liabilities

365.1 m

Additional Paid-in Capital

164.2 m137.1 m57.1 m

Retained Earnings

257.6 m309.7 m378.8 m457.4 m

Total Equity

409 m438.6 m

Financial Leverage

1.7 x1.8 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

32.9 m47.4 m27.2 m27.4 m33.2 m69 m78 m99.8 m120.2 m

Current Assets

81.1 m94.3 m83 m87.7 m93.2 m139.3 m145.4 m185.4 m217 m

PP&E

21.1 m22.6 m28.1 m32.3 m33.6 m34.2 m34.5 m36.2 m38.8 m

Goodwill

352.8 m350.3 m399.4 m412.8 m408.1 m403.2 m406.9 m428.1 m443.3 m

Total Assets

551.5 m564.5 m613.2 m644.3 m648.5 m697.4 m707.9 m761.1 m815.2 m

Accounts Payable

16.3 m11.1 m18.5 m23.1 m21.7 m14.7 m19.3 m30.4 m23.9 m

Current Liabilities

68.5 m35.6 m47.8 m52.8 m49.7 m44.2 m58.6 m71.3 m69.1 m

Additional Paid-in Capital

163.6 m151 m113.4 m103.5 m69.8 m43.8 m20.3 m16.2 m

Retained Earnings

280.8 m295.9 m325.3 m341.7 m359.3 m398.5 m419 m440.6 m448.6 m

Total Equity

426.6 m400.2 m417 m411.8 m428.8 m420.6 m

Financial Leverage

1.5 x1.6 x1.7 x1.7 x1.8 x1.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

59.3 m63.6 m79.5 m

Depreciation and Amortization

10.1 m9.7 m10.6 m10.7 m

Accounts Receivable

(3.3 m)(1.5 m)(7.3 m)(12.7 m)

Accounts Payable

1.1 m14.7 m(19.9 m)(3.7 m)

Cash From Operating Activities

57.1 m58.5 m48.7 m83.7 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 m1.3 m5.4 m7.2 m

Income Taxes Paid

13.8 m11.4 m28.6 m16.6 m

Free Cash Flow

58.3 m74.8 m62.7 m77.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Net Income

13.6 m18 m18.3 m19 m20.2 m

Depreciation and Amortization

2.4 m2.4 m2.6 m
USDY, 2017

Revenue/Employee

26.5 k

Financial Leverage

1.9 x

Ebix Operating Metrics

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

Customers

16 k16 k

    Ebix Market Value History

    Ebix Revenue Breakdown

    Ebix Median Salaries

    Source: 164 public H-1B filings from Ebix

    Traffic Overview of Ebix

    Ebix Online and Social Media Presence

    Ebix News and Updates

    BRIEF-Patriot National enters into serious discussions with Ebix

    * Patriot national enters into serious discussions with ebix, inc.

    BRIEF-Ebix says expanding existing credit facility to $400 mln from $240 mln

    * Says expansion of its existing credit facility from $240 million to $400 million, to fund its growth and share repurchase initiatives

    BRIEF-Ebix offers to buy Patriot National for $9.50 per share

    * Ebix offers to acquire insurance technology solutions provider, Patriot National Inc, for $9.50 per share

    Ebix Company Life and Culture

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