MoneyGram International provides money transfer and payment services in the United States and internationally. The Company operates in two segments, Global Funds Transfer and Financial Paper Products. The Global Funds Transfer segment provides money transfer and bill payment services primarily to unbanked and under banked consumers. Its bill payment services allow consumers to make bill payments, pay routine bills, or load and reload prepaid debit cards to various billers in the credit card, mortgage, auto finance, telecommunications, corrections, satellite, health care, utilities, property management, prepaid card, and collections industries. The Financial Paper Products segment provides money orders to consumers through its retail and financial institution locations; and offers official check services to financial institutions. 
Type
Public
HQ
Dallas, US
Founded
1926
Size (employees)
2,916 (est)
MoneyGram was founded in 1926 and is headquartered in Dallas, US
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Key People/Management at MoneyGram

Alex Holmes

Alex Holmes

CEO
Larry Angelilli

Larry Angelilli

CFO
Joann Chatfield

Joann Chatfield

Chief Marketing Officer
Aaron Henry

Aaron Henry

EVP, General Counsel & Corporate Secretary
Wayne McGurk

Wayne McGurk

Chief Information Officer
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MoneyGram Office Locations

MoneyGram has offices in Riyadh, Sacramento, Istanbul, Hamburg and in 60 other locations
Dallas, US (HQ)
2828 North Harwood Street
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MoneyGram Financials and Metrics

MoneyGram Revenue

MoneyGram's revenue was reported to be $1.63 b in FY, 2016 which is a 13.6% increase from the previous period.
USD

Market capitalization (16-Aug-2018)

348.1 m

Closing stock price (16-Aug-2018)

6.3

Cash (30-Jun-2017)

145.1 m
MoneyGram's current market capitalization is $348.1 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.5 b1.5 b1.4 b1.6 b

Revenue growth, %

(1%)(1%)14%

EBIT

177.9 m71.4 m16.2 m88.4 m

EBIT margin, %

12%5%1%5%
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

383 m374.9 m372.4 m358 m330.6 m358.8 m368.6 m358.4 m383.7 m383.1 m386.1 m410 m380 m

Sales and marketing expense

66.2 m69.7 m75 m68.9 m74.7 m87.8 m73.1 m71.7 m74.4 m72.4 m71.5 m66.9 m

Operating expense total

334.9 m337.9 m351.3 m341.7 m328.9 m374.5 m352 m335.3 m367.5 m356.9 m364 m390.2 m

EBIT

48.1 m37 m21.1 m16.3 m1.7 m(15.7 m)16.6 m23.1 m16.2 m26.2 m22.1 m19.8 m
Annual
usdY, 2011Y, 2012Y, 2013Y, 2014FY, 2015FY, 2016

Cash

211.7 m227.9 m318.8 m250.6 m164.5 m157.2 m

Accounts Receivable

Inventories

PP&E

134.8 m165.6 m199.7 m201 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

175.2 m128.6 m151.6 m141.5 m148.6 m173.1 m127.4 m145.1 m

PP&E

125.9 m133.6 m140 m145.5 m174.7 m192 m198.1 m195.5 m196.8 m201.3 m204.8 m212.1 m

Goodwill

431.8 m434.9 m434.9 m440.3 m442.1 m442.5 m442.1 m442.2 m442.2 m442.2 m442.2 m442.2 m

Total Assets

4.9 b4.8 b4.8 b4.6 b4.6 b4.5 b4.5 b4.3 b4.3 b4.4 b4.4 b4.4 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

52.4 m72.1 m(76.9 m)16.3 m

Depreciation and Amortization

50.7 m55.5 m66.1 m79.9 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q2, 2018

Net Income

22.5 m39 m25.6 m(3 m)(72 m)(12.4 m)4.9 m(4.2 m)(1.1 m)9.1 m8.8 m15 m

Depreciation and Amortization

12.5 m13.1 m13.6 m13.5 m14.8 m17.2 m16.8 m21.1 m41.6 m60.2 m18.3 m36.9 m

Accounts Payable

158.3 m161.1 m170.4 m150.9 m

Cash From Operating Activities

50.5 m(57.5 m)90.7 m139 m(46 m)(11.3 m)54.8 m(600 k)31.7 m84.5 m(9.6 m)31.1 m
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MoneyGram Operating Metrics

FY, 2014FY, 2015FY, 2016Jan, 2017Q1, 2017Q2, 2017

Countries

200 200 200 200 200

Debit Card Programs

400 400 400

Languages

27 27 27 27 27

Locations

350 k350 k350 k350 k350 k350 k
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MoneyGram Revenue Breakdown

Embed Graph

MoneyGram revenue breakdown by business segment: 95.3% from Global Funds Transfer revenue and 4.7% from Other

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MoneyGram Online and Social Media Presence

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MoneyGram News and Updates

La Fundación MoneyGram y Simon Says Give baten récord de Guinness World Records

BLOOMINGTON, Minnesota, 10 de agosto de 2018 /PRNewswire-HISPANIC PR WIRE/ -- MoneyGram, empresa global líder que se dedica a los servicios de pagos y transferencias monetarias, anuncia con entusiasmo que la Fundación MoneyGram (MoneyGram Foundation) y la organización sin fines de lucro...

MoneyGram Foundation and Simon Says Give Break Guinness World Record

BLOOMINGTON, Minn., Aug. 9, 2018 /PRNewswire/ -- MoneyGram, a leading global money transfer and payment services company, is excited to announce that the MoneyGram Foundation and U.S.-based, nonprofit organization Simon Says Give®, have set a new Guinness World Record for stuffing the...

MoneyGram y Grupo Elektra amplían su asociación en México

DALLAS, 1 de agosto de 2018 /PRNewswire-HISPANIC PR WIRE/ -- MoneyGram (NASDAQ: MGI) y Grupo Elektra extendieron su acuerdo para proporcionar servicios de transferencia de dinero en casi 2,000 ubicaciones de Elektra en México hasta el 2021. La asociación consolida la posición de MoneyGram ...

MoneyGram and Grupo Elektra Extend Partnership in Mexico

DALLAS, Aug. 1, 2018 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) and Grupo Elektra, have extended their agreement to provide money transfer services inside nearly 2,000 Elektra locations in Mexico through 2021. The partnership strengthens MoneyGram's position in the dynamically growing market ...

April/May Recap: BBVA Compass, a bank of opportunities

HOUSTON, June 15, 2018 /PRNewswire/ -- BBVA Compass' record quarterly earnings for the first quarter of 2018 was top news on the bank's global media platform, bbva.com, for the month of April. Other leading news in April and May reflected the bank's commitment to small businesses,...

Digital continues to be MoneyGram's driving force (MGI)

This story was delivered to Business Insider Intelligence "Payments Briefing" subscribers hours before appearing on Business Insider. To be the first to know, please click here. Legacy remittance provider MoneyGram has been prioritizing its digital segment, which paid off in Q1 2018. The company's o…
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MoneyGram Company Life and Culture

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