Financial Performance - Revenues for Q1 2025 were $228,792 thousand, an increase of 11.4% compared to $205,318 thousand in Q1 2024[19] - Net income attributable to EVERTEC, Inc.'s common stockholders for Q1 2025 was $32,703 thousand, up 104.3% from $15,979 thousand in Q1 2024[19] - Operating income for Q1 2025 was $49,500 thousand, representing a 50.8% increase from $32,803 thousand in Q1 2024[19] - Net income for Q1 2025 was $33,091,000, compared to $16,387,000 in Q1 2024, representing a 102% increase[23] - Net income per common share - basic for Q1 2025 was $0.51, compared to $0.25 in Q1 2024, reflecting a 104% increase[19] - Segment Adjusted EBITDA for the three months ended March 31, 2025, was $98.903 million, compared to $85.908 million for the same period in 2024, reflecting a growth of about 15.1%[108] Assets and Liabilities - Total assets increased to $1,917,501 thousand as of March 31, 2025, compared to $1,857,611 thousand at the end of 2024, reflecting a growth of 3.2%[18] - The total liabilities decreased slightly to $1,332,385 thousand as of March 31, 2025, from $1,338,350 thousand at the end of 2024[18] - As of March 31, 2025, total debt amounted to $956.65 million, a slight decrease from $965.34 million at December 31, 2024[42] - The Company has a total of $423.6 million in unpaid principal balance for the TLA Facility and $540.0 million for the TLB Facility as of March 31, 2025[46] Cash Flow and Investments - Cash flows from operating activities decreased to $37,643,000 in Q1 2025 from $40,702,000 in Q1 2024, a decline of 5.1%[23] - Total cash, cash equivalents, and restricted cash at the end of Q1 2025 was $307,618,000, down from $337,587,000 at the end of Q1 2024[23] - The company’s net cash used in investing activities was $22,324,000 in Q1 2025, slightly higher than $21,994,000 in Q1 2024[23] Acquisitions - The Company acquired 100% of Grandata, Inc for an aggregate purchase price of $33.3 million, enhancing its product offerings in data analytics focused on underbanked populations[32] - The Company also acquired Nubity, Inc for $11.0 million, a cloud services provider specializing in AWS cloud infrastructure management[32] - Goodwill related to both acquisitions is preliminarily estimated at approximately $7.4 million for Nubity and $13.77 million for Grandata, with no goodwill deductible for income tax purposes[33][35] Shareholder Returns - The company declared a quarterly cash dividend of $0.05 per share, paid on March 21, 2025[89] - The company paid cash dividends of $3,181,000 in Q1 2025, compared to $3,273,000 in Q1 2024[23] Risk Factors - The company highlighted the potential risks associated with its merger with Sinqia and the impact of leverage on its financial flexibility[16] - Rising input costs, including wages and benefits, could negatively impact the company's results of operations and financial condition[177] - The company is facing a rising interest rate environment, which has adversely affected its cost of funding and increased volatility in foreign currency exchange rates[177] Revenue Segmentation - The Payment Services - Puerto Rico & Caribbean segment generated revenues of $37.299 million for the three months ended March 31, 2025, up from $33.944 million in 2024, indicating an increase of approximately 7.0%[100][102] - The Latin America Payments and Solutions segment reported revenues of $78.280 million for the three months ended March 31, 2025, compared to $70.147 million in 2024, marking an increase of around 11.6%[100][102] - The Merchant Acquiring segment's revenues were $47.649 million for the three months ended March 31, 2025, up from $43.099 million in 2024, which is an increase of approximately 10.5%[100][102] - Business Solutions segment revenues increased to $65.564 million for the three months ended March 31, 2025, from $58.128 million in 2024, reflecting a growth of about 12.7%[100][102] Foreign Currency and Interest Rates - The company recognized non-cash unrealized foreign currency remeasurement losses of $0.8 million, a decrease from losses of $4.5 million for the same period in 2024[176] - As of March 31, 2025, the company had an unfavorable foreign currency translation adjustment of $91.3 million, improved from an unfavorable adjustment of $138.0 million as of December 31, 2024[176] - A hypothetical 100 basis point increase in interest rates would increase annual interest expense by approximately $4.1 million based on the company's outstanding debt as of March 31, 2025[171]

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. For the quarter ended March 2025, Evertec (EVTC) ...

Evertec (EVTC) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 7.41%. A quarter ago, it was expected that this payment processing company would post earnings of $0.72 per share when it actually produced earnings of $0.87, delivering a surprise of 20.83%. Over the last four quarters, ...

EVERTEC (EVTC) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Company Participants Beatriz Brown-Sáenz - Reporting & IR ManagerMorgan M. Schuessler - President, CEO & DirectorJoaquin Castrillo-Salgado - Executive VP, Treasurer & CFOVasundhara Govil - Managing DirectorJohn Davis - Managing Director Conference Call Participants Cristopher Kennedy - Research Analyst, Financial Services and TechnologyJamie Friedman - Senior FinTech and IT Services Research Analyst Operator Good day, everybody, and welcome to th ...

EVERTEC (EVTC) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Speaker0 Good day, everybody, and welcome to the EVERTEC First Quarter twenty twenty five Earnings Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note that today's event is being recorded. I would now like to turn the conference over to Beatrice Brown from Investor Relations. Please go ahead. Speaker1 Thank you, and good afternoon. With me today are Max Schue ...

This presentation will reference certain non-GAAP financial information. For a description and reconciliation of non-GAAP measures presented in this document, please see the appendix attached to this presentation or visit the Investor Relations section of the Evertec website at www.evertecinc.com. Business Summary Mac Schuessler, President and CEO First Quarter Earnings Conference call May 7, 2025 Foward looking statements Certain statements in this presentation constitute "forward-looking statements" withi ...

Exhibit 99.1 EVERTEC REPORTS FIRST QUARTER 2025 RESULTS Raises full year outlook SAN JUAN, PUERTO RICO – May 7, 2025 – EVERTEC, Inc. (NYSE: EVTC) ("Evertec" or the "Company") today announced results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights and Recent Highlights Mac Schuessler, President and Chief Executive Officer stated "We are pleased to report another quarter of strong revenue and earnings growth, which demonstrates our continued focus on sustainable execution. Given our ...

Investors looking for stocks in the Financial Transaction Services sector might want to consider either Evertec (EVTC) or Visa (V) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earni ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to ...

Financial Performance and Growth - The company reported a significant reliance on its relationship with Popular, Inc., which contributes a substantial portion of its revenues under the Amended and Restated Master Services Agreement[13] - The company anticipates future growth driven by international expansion and increased capital expenditures, with a focus on enhancing its market position[11] - The company is focused on renewing client contracts on favorable terms to ensure continued revenue growth[13] Technology and Innovation - The company is actively investing in artificial intelligence and machine learning technologies to improve operational efficiency and adapt to evolving regulatory frameworks[13] Risk Management - The company faces risks related to cybersecurity, including potential data breaches that could adversely affect operations[13] - The geographical concentration of the company's business in Puerto Rico presents challenges due to fiscal issues and potential natural disasters impacting government contracts[13] - The company's leverage may limit its ability to raise additional capital and react to economic changes, exposing it to interest rate risk[18] - The company is monitoring foreign exchange fluctuations and capital controls that could impact its costs and earnings[13] Strategic Initiatives - The company is exploring strategic acquisitions, including the anticipated benefits from its merger with Sinqia, which may enhance its service offerings[13] - The company has implemented a stock repurchase plan, which is expected to influence the value of its common stock positively[13] Compliance and Market Position - The company is committed to maintaining compliance with existing and future regulations in the jurisdictions where it operates[13] - Industry data in the report is based on reliable sources, including the 2025 World Payments Report, and management's estimates of market share and position[20] - The company's market share and expectations involve risks and uncertainties, subject to change based on various factors[20]