Verifone Systems

Verifone is transforming everyday transactions into opportunities for connected commerce. We’re connecting more than 29 million payment devices to the cloud – merging the online and in-store experience and creating the next generation of digital engagement between merchants and consumers. We are built on a 30-year history of uncompromised security. Our people are known as trusted experts that work with our clients and partners, helping to solve their most complex payment challenges. We have clients and partners in more than 150 countries, including the world’s best-known retail brands, financial institutions and payment providers.

Type
Public
HQ
San Jose, US
Founded
1981
Size (employees)
5,900 (est)+10%
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

Verifone Systems Metrics

Verifone Systems Financial Metrics

Revenue (2016)

$2 b

Revenue growth (2015-16), %

(0%)

Net income (2016)

($9.7 m)

Market capitalization (21-Mar-2017)

$2.1 b

Closing share price (21-Mar-2017)

$19.1

Cash (31-Oct-2016)

$148.4 m
Verifone Systems's current market capitalization is $2.1 b.
Verifone Systems's revenue was reported to be $2 b in FY, 2016 which is a 0.4% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$1.7 b$1.9 b$2 b$2 b

Revenue growth, %

10%7%(0%)

Sales and marketing expense

$196.6 m$217.5 m$227.5 m$217 m

R&D expense

$173.3 m$203.7 m$201.6 m$207.5 m

General and administrative expense

$181.1 m$208.7 m$206.2 m$204.6 m

Operating expense total

$711.5 m$718.8 m$719 m$761.5 m

EBIT

($66.4 m)$5.9 m$107 m$32.8 m

EBIT margin, %

(4%)0%5%2%

Interest expense

($44.3 m)($42.5 m)($31.5 m)($34.6 m)

Interest income

($44.3 m)($42.5 m)

Pre tax profit

($107 m)($39.9 m)$72.9 m$1.8 m

Income tax expense

$188 m($3.4 m)($7.4 m)$11.5 m

Net Income

($296.1 m)($38.1 m)$80.4 m($9.7 m)
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$268.2 m$250.2 m$208.9 m$148.4 m

Accounts Receivable

$187.9 m$13.9 m

Inventories

$103.3 m$100.3 m$89.4 m$3 m

Current Assets

$825 m$785.6 m$782.3 m$757.4 m

PP&E

$202.3 m

Goodwill

$1.3 b$1.2 b$1.1 b$1.1 b

Total Assets

$3 b$2.7 b$2.5 b$2.5 b

Accounts Payable

$84.6 m$108.2 m$73.5 m$3.4 m

Current Liabilities

$587.7 m$492.4 m$541.2 m$538.8 m

Additional Paid-in Capital

$1.6 b$1.7 b$1.7 b$1.8 b

Retained Earnings

($500.1 m)($538.2 m)($535.7 m)($618.3 m)

Total Equity

$1.2 b$1 b$934.4 m$848.4 m

Financial Leverage

2.6 x2.6 x2.6 x2.9 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($296.1 m)($38.1 m)$80.4 m($9.7 m)

Depreciation and Amortization

$179.2 m

Accounts Receivable

($1.4 m)($2.4 m)($725 k)

Inventories

($216 k)($224 k)

Accounts Payable

$300 k($1.6 m)$72 k

Cash From Operating Activities

$236.5 m$199.1 m$249.3 m$193.7 m

Purchases of PP&E

($77.5 m)($85 m)

Capital Expenditures

($106.5 m)($105.3 m)

Cash From Investing Activities

($144.7 m)($77.9 m)($128.4 m)($275.2 m)

Long-term Borrowings

($198.3 m)($453.1 m)

Cash From Financing Activities

($277.4 m)($128.1 m)($133.6 m)$24.4 m

Interest Paid

$37.4 m$32.3 m$27.3 m$29.8 m

Income Taxes Paid

$20.5 m

Free Cash Flow

$142.8 m$88.4 m

Verifone Systems Operating Metrics

Verifone Systems's Transactions was reported to be 5.4 b in 2016
FY, 2016Y, 2016

Countries

150

Devices

29 m

Transactions

5.4 b

Verifone Systems Market Value History

Verifone Systems Revenue Breakdown

Verifone Systems Online Presence

Verifone Systems News

Verifone Systems Company Life

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