Verifone Systems

VeriFone designs and markets electronic payment solutions for consumers, merchants, and financial institutions. Its product portfolio is comprised of contactless and countertop systems as well as electronic cash register and payment devices, PIN pads, POS systems, indoor and outdoor unattended payment solutions, wireless handheld payment devices, and point-of-sale receipt printers. The Company also provides software solutions for card acceptance, mobile payments, security and encryption, POS integration, value-added and prepaid services, issuing and acquiring, estate management, petroleum and convenience, and device-driven technologies as well as development tools. It provides media solutions such as digital network, taxi tops and wraps, and mobile or SMS solutions through sales representatives in different regions of the USA.
Company Growth (employees)
Type
Public
HQ
San Jose, US
Founded
1981
Size (employees)
5,600 (est)-5%
Verifone Systems was founded in 1981 and is headquartered in San Jose, US

Verifone Systems Office Locations

Verifone Systems has an office in San Jose
San Jose, US (HQ)
88 W Plumeria Dr
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Verifone Systems Financials and Metrics

Verifone Systems Financials

Verifone Systems's revenue was reported to be $1.9 b in FY, 2017
USD

Revenue (FY, 2017)

1.9 b

Net income (FY, 2017)

(175.3 m)

EBIT (FY, 2017)

(112.4 m)

Market capitalization (23-Feb-2018)

1.9 b

Cash (31-Oct-2017)

131 m

EV

2.5 b
Verifone Systems's current market capitalization is $1.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.7 b1.9 b2 b2 b1.9 b

Revenue growth, %

10%7%(0%)

Sales and marketing expense

196.6 m217.5 m227.5 m217 m194 m

R&D expense

173.3 m203.7 m201.6 m207.5 m211.6 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

436.1 m466.4 m475.9 m486.2 m490.1 m509.9 m513.5 m526.3 m488.1 m453.9 m473.7 m466.9 m

Sales and marketing expense

50.6 m56.4 m54.1 m57.4 m55.4 m56.6 m54.9 m59 m52.8 m49.5 m50.9 m46.7 m

R&D expense

50.5 m50 m53.2 m48.9 m47.6 m54.2 m51.7 m54.7 m52.4 m56.8 m51.8 m50.7 m

General and administrative expense

50.9 m48.7 m58.4 m47.4 m49.5 m55.4 m52.8 m54.9 m49.8 m50.8 m46.8 m44.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

268.2 m250.2 m208.9 m148.4 m131 m

Accounts Receivable

187.9 m13.9 m

Inventories

138.7 m124.3 m129.7 m175.2 m126.6 m

Current Assets

825 m785.6 m782.3 m757.4 m718.7 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

249.3 m229.8 m263.8 m240.6 m234.2 m242.1 m185.7 m156.6 m156.6 m147 m134.5 m158.8 m

Inventories

121.5 m113.3 m112.7 m137.6 m129.4 m121.8 m136.7 m154.6 m183.1 m155.9 m141.7 m127.5 m

Current Assets

749 m768.7 m791 m769.4 m804.8 m798 m797.3 m840.6 m846.3 m731 m806.5 m778.5 m

PP&E

203.3 m217.2 m195.5 m202.7 m130.5 m130.5 m
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    (296.1 m)(38.1 m)80.4 m(9.7 m)(175.3 m)

    Depreciation and Amortization

    179.2 m140.7 m

    Accounts Receivable

    84.3 m(29.5 m)(75.4 m)59.6 m(11.6 m)

    Inventories

    26.8 m9.5 m(16.4 m)(45.7 m)30.4 m
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

    Net Income

    (16.1 m)(39.7 m)(67.8 m)14.1 m31.8 m41.9 m23.7 m27.1 m(4.4 m)(17.7 m)(89.7 m)

    Depreciation and Amortization

    40.9 m

    Accounts Receivable

    17.3 m(16.7 m)(17.2 m)9.4 m(35.2 m)(33.4 m)10.5 m(12.6 m)13.5 m(516 k)

    Inventories

    15.5 m24.9 m24.6 m(19.1 m)(11.7 m)(6.7 m)(8.3 m)(23.4 m)(53.3 m)19.4 m141.7 m
      USDY, 2017

      EV/EBIT

      -22.2 x

      EV/CFO

      15 x

      EV/FCF

      25.3 x

      Revenue/Employee

      322.6 k

      Financial Leverage

      3 x
      Show all financial metrics

      Verifone Systems Operating Metrics

      Verifone Systems's Patent Applications was reported to be 70 in FY, 2016, which is a 20% decrease from the previous period
      FY, 2014FY, 2015FY, 2016

      Countries

      150150150

      Devices

      20 m27 m30 m

      Patents Issued

      363350334

      Patent Applications

      888870
      Show all operating metrics

      Verifone Systems Market Value History

      Verifone Systems Revenue Breakdown

      Verifone Systems's Web-traffic and Trends

      Verifone Systems Online and Social Media Presence

      Verifone Systems Company Life and Culture

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