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Heartland Payment Systems Revenue

Heartland Payment Systems revenue was $2.68 b in FY, 2015 which is a 16.1% year over year increase from the previous period.

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Summary - Funding Rounds

Founding Date

1997

Investors

Heartland Payment Systems is a subsidiary of Global Payments

Heartland Payment Systems Revenue Breakdown

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Heartland Payment Systems revenue breakdown by business segment: 88.4% from Payment Processing and 11.6% from Other

Heartland Payment Systems Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015

Revenue

2.1b2.3b2.7b

Revenue growth, %

8%16%

Cost of goods sold

1.8b2.0b2.3b

Gross profit

299.7m310.0m389.6m

Gross profit Margin, %

14%13%15%

General and administrative expense

173.6m190.6m244.0m

Operating expense total

173.6m227.9m244.0m

EBIT

126.1m82.1m145.5m

EBIT margin, %

6%4%5%

Interest expense

5.4m8.1m14.2m

Interest income

124.0k125.0k105.0k

Pre tax profit

120.6m73.7m138.1m

Income tax expense

46.5m41.9m53.3m

Net Income

78.1m31.9m84.7m

Heartland Payment Systems Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015

Cash

71.9m70.8m56.5m

Accounts Receivable

200.0m234.1m267.3m

Prepaid Expenses

15.3m22.7m20.7m

Inventories

11.1m12.0m12.9m

Current Assets

449.8m531.3m592.2m

PP&E

147.4m154.3m166.7m

Goodwill

191.0m425.7m490.0m

Total Assets

900.3m1.4b1.5b

Accounts Payable

70.8m58.5m70.4m

Short-term debt

36.8m43.8m

Current Liabilities

412.0m525.4m660.6m

Long-term debt

150.0m523.1m437.8m

Total Debt

150.0m559.9m481.6m

Total Liabilities

633.6m1.1b1.2b

Common Stock

37.0k36.0k37.0k

Additional Paid-in Capital

245.1m255.9m270.8m

Retained Earnings

36.0m(5.1m)65.0m

Total Equity

266.7m250.8m335.8m

Debt to Equity Ratio

0.6 x2.2 x1.4 x

Debt to Assets Ratio

0.2 x0.4 x0.3 x

Financial Leverage

3.4 x5.5 x4.6 x

Heartland Payment Systems Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015

Net Income

78.1m31.9m84.7m

Depreciation and Amortization

35.4m48.3m63.0m

Accounts Receivable

(19.7m)(18.1m)(38.2m)

Inventories

(1.3m)(890.0k)(1.3m)

Accounts Payable

2.1m(11.4m)9.6m

Cash From Operating Activities

112.1m93.0m189.8m

Purchases of PP&E

(52.9m)

Capital Expenditures

(52.9m)(54.9m)(54.3m)

Cash From Investing Activities

(52.0m)(447.2m)(123.7m)

Long-term Borrowings

(161.0m)(54.2m)(308.2m)

Dividends Paid

(10.3m)(12.3m)(14.7m)

Cash From Financing Activities

(38.8m)353.1m(80.4m)

Net Change in Cash

21.4m(1.1m)(14.3m)

Interest Paid

4.6m6.8m12.8m

Income Taxes Paid

38.8m30.5m27.5m

Free Cash Flow

59.2m38.1m135.4m

Heartland Payment Systems Ratios

USDFY, 2013

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

3.4 x

Heartland Payment Systems Operating Metrics

Q1, 2013Q2, 2013Q3, 2013FY, 2013Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Jun, 2018Aug, 2019Jul, 2020

Customers (US)

300 k300 k400 k

SME Merchants

170.25 k169.72 k169.03 k166.7 k167.79 k169.17 k170.59 k169.83 k172.23 k175.36 k181.06 k182.53 k

Network Services Merchants

5007048131.02 k1.13 k1.99 k2.12 k2.18 k2.28 k2.94 k3.1 k3.19 k

Locations (Network Services Merchants)

46.15 k44.15 k43.06 k42.67 k43.11 k43.09 k42.94 k42.4 k41.13 k43.52 k44.07 k43.99 k

Card Processing Volume

$23.88 b$26.59 b$26.96 b$102.35 b$24.53 b$28.34 b$29.59 b$109.93 b$25.96 b$30.43 b$31.35 b$117.38 b

Card Processing Volume (SME)

$17.33 b$19.34 b$19.56 b$74.58 b$17.96 b$20.45 b$21.65 b$81.08 b$20.76 b$23.82 b$24.48 b$93.08 b

Card Processing Volume (Network Services)

$6.49 b$7.24 b$7.4 b$27.71 b$6.57 b$7.9 b$7.94 b$28.85 b$5.2 b$6.6 b$6.87 b$24.3 b

Customers (Heartland Payroll Solutions)

22.47 k22.9 k23.36 k24.09 k24.63 k25.2 k25.49 k25.76 k32.87 k33.38 k34.05 k33.94 k38 k

Transactions Processed (Network Services Merchants and American Express)

781.62 m839.23 m903.07 m3.35 b805.7 m909.98 m925.83 m3.49 b800.12 m926.64 m976.95 m3.61 b

Industries Served

5

Payroll Checks Processed Yearly

12 m

Product Lines

5

Trademarks (US)

54