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 Data and Metrics

Ebix Financial Metrics

Ebix's revenue was reported to be $298.3 m in FY, 2016 which is a 12% increase from the previous period.
USD

Revenue (FY, 2016)

298.3 m

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

12%

Gross profit (FY, 2016)

213.2 m

Gross profit margin (FY, 2016), %

71%

Net income (FY, 2016)

94.3 m

EBIT (FY, 2016)

100.3 m

Market capitalization (28-Jun-2017)

1.8 b

Closing share price (28-Jun-2017)

53.7

Cash (31-Dec-2016)

114.1 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

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
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

Current Liabilities

66.7 m69.8 m51.3 m89.7 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
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)(13 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 m89.7 m
Y, 2016

Financial Leverage

1.8 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

    Ebix Online and Social Media Presence

    Ebix News and Updates

    Ebix Company Life and Culture

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