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 Data and Metrics

Verifone Systems Financial Metrics

Verifone Systems's revenue was reported to be $2 b in FY, 2016 which is a 0% decrease from the previous period.
USD

Revenue (FY, 2016)

2 b

Revenue growth (FY, 2015 - FY, 2016), %

(0%)

Net income (FY, 2016)

(9.7 m)

EBIT (FY, 2016)

32.8 m

Market capitalization (27-Jun-2017)

2 b

Closing share price (27-Jun-2017)

17.7

Cash (31-Oct-2016)

148.4 m
Verifone Systems's current market capitalization is $2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.7 b1.9 b2 b2 b

Revenue growth, %

10%7%(0%)

Sales and marketing expense

196.6 m217.5 m227.5 m217 m

R&D expense

173.3 m203.7 m201.6 m207.5 m

General and administrative expense

181.1 m208.7 m206.2 m204.6 m

Operating expense total

711.5 m718.8 m719 m761.5 m

EBIT

(66.4 m)5.9 m107 m32.8 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 m1.8 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)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

268.2 m250.2 m208.9 m148.4 m

Accounts Receivable

187.9 m13.9 m

Inventories

138.7 m124.3 m129.7 m175.2 m

Current Assets

825 m785.6 m782.3 m757.4 m

PP&E

202.3 m

Goodwill

1.3 b1.2 b1.1 b1.1 b

Total Assets

3 b2.7 b2.5 b2.5 b

Accounts Payable

116.5 m161.2 m189.4 m154.6 m

Current Liabilities

587.7 m492.4 m541.2 m538.8 m

Additional Paid-in Capital

1.6 b1.7 b1.7 b1.8 b

Retained Earnings

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

Total Equity

1.2 b1 b934.4 m848.4 m

Financial Leverage

2.6 x2.6 x2.6 x2.9 x
USDFY, 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

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

Inventories

26.8 m9.5 m(16.4 m)(45.7 m)

Accounts Payable

(77 m)47.4 m41.2 m(39.6 m)

Cash From Operating Activities

236.5 m199.1 m249.3 m193.7 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 m32.3 m27.3 m29.8 m

Income Taxes Paid

20.5 m

Free Cash Flow

142.8 m88.4 m
USDY, 2016

Revenue/Employee

368.9 k

Financial Leverage

2.9 x

Verifone Systems Operating Metrics

FY, 2016Y, 2016

Countries

150

Devices

29 m

Transactions

5.4 b

Verifone Systems Market Value History

Verifone Systems Revenue Breakdown

Verifone Systems Online and Social Media Presence

Verifone Systems News and Updates

Verifone Systems Company Life and Culture

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