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. 
TypePublic
HQDallas, US
Founded1926
Size (employees)2,916 (est)
Websiteglobal.moneygram.com
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 Columbus, Amsterdam, Fort Lee, Calgary 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 (15-Oct-2018)

260.6m

Closing stock price (15-Oct-2018)

4.7

Cash (30-Jun-2017)

145.1m
MoneyGram's current market capitalization is $260.6 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.5b1.5b1.4b1.6b

Revenue growth, %

(1%)(1%)14%

EBIT

177.9m71.4m16.2m88.4m

EBIT margin, %

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

Revenue

383.0m374.9m372.4m358.0m330.6m358.8m368.6m358.4m383.7m383.1m386.1m410.0m380.0m

Sales and marketing expense

66.2m69.7m75.0m68.9m74.7m87.8m73.1m71.7m74.4m72.4m71.5m66.9m

Operating expense total

334.9m337.9m351.3m341.7m328.9m374.5m352.0m335.3m367.5m356.9m364.0m390.2m

EBIT

48.1m37.0m21.1m16.3m1.7m(15.7m)16.6m23.1m16.2m26.2m22.1m19.8m
Annual
usdY, 2011Y, 2012Y, 2013Y, 2014FY, 2015FY, 2016

Cash

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

Accounts Receivable

Inventories

PP&E

134.8m165.6m199.7m201.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

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

PP&E

125.9m133.6m140.0m145.5m174.7m192.0m198.1m195.5m196.8m201.3m204.8m212.1m

Goodwill

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

Total Assets

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

Net Income

52.4m72.1m(76.9m)16.3m

Depreciation and Amortization

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

Net Income

22.5m39.0m25.6m(3.0m)(72.0m)(12.4m)4.9m(4.2m)(1.1m)9.1m8.8m15.0m

Depreciation and Amortization

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

Accounts Payable

158.3m161.1m170.4m150.9m

Cash From Operating Activities

50.5m(57.5m)90.7m139.0m(46.0m)(11.3m)54.8m(600.0k)31.7m84.5m(9.6m)31.1m
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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

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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

MoneyGram to Release Third Quarter 2018 Results

DALLAS, Oct. 19, 2018 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) will announce its third quarter 2018 financial results on Friday, November 9, 2018. Alex Holmes, chairman and chief executive officer, and Larry Angelilli, chief financial officer, will host a conference call at 9:00 a.m. ET to ...

MoneyGram abre "Centro de Experiencias" de vanguardia en Dallas

DALLAS, 27 de septiembre de 2018 /PRNewswire-HISPANIC PR WIRE/ -- MoneyGram (NASDAQ: MGI) hoy anunció la gran apertura del Centro de Experiencias MoneyGram en Dallas. La tienda presenta tecnologías de vanguardia, incluidas el reconocimiento facial biométrico y la realidad virtual para...

MoneyGram Opens State of the Art "Experience Center" in Dallas

DALLAS, Sept. 27, 2018 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) today announced the grand opening of the MoneyGram Experience Center in Dallas. The store showcases cutting-edge technologies, including biometric facial recognition and virtual reality, to offer customers a quick, easy and...

MoneyGram Launches Money Transfer Service to all Mobile Wallets in Ghana

ACCRA, Ghana, Sept. 13, 2018 /PRNewswire/ -- MoneyGram (NASDAQ:MGI) and Zeepay, a mobile financial services company, announced today a new partnership that enables customers around the world to send money directly to more than 11 million mobile wallets in Ghana. With this new service,...

El servicio de recepción de MoneyGram está ahora disponible en todas las tiendas OXXO en México

Los clientes pueden retirar fondos en más de 17.000 puntos OXXO DALLAS, 11 de septiembre de 2018 /PRNewswire-HISPANIC PR WIRE/ -- Los clientes de MoneyGram (NASDAQ: MGI) en México tienen miles de nuevas localizaciones para elegir cuando necesiten retirar dinero enviado por familiares y...

Le service de récupération de MoneyGram est désormais disponible dans tous les magasins OXXO au Mexique

Les clients peuvent récupérer des fonds dans plus de 17 000 magasins OXXO DALLAS, 11 septembre 2018 /CNW/ - Les clients de MoneyGram (NASDAQ : MGI) au Mexique disposent à présent de plusieurs milliers de nouveaux endroits dans lesquels ils peuvent se rendre lorsqu'ils ont besoin de...
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MoneyGram Company Life and Culture

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