Financial Highlights

Balance Sheet - Last 4 Quarters comparison

All Data in thousands below
PERIOD ENDING 31-Mar-23 31-Dec-22 30-Sep-22 30-Jun-22
Assets        
Current Assets        
Cash and cash equivalents $77,559 $ 110,637 $ 70,977 $67,511
Receivables from service providers 307 4,223 1,456 3,546
Short term investments 17,111 17,438 19,705 19,767
Restricted cash 8,453 8,210 7,990 9,415
Fiduciary funds - restricted 2,157 2,092 2,031 1,782
Trade accounts receivable, less allowances 160,707 154,533 156,110 161,099
Other current assets 107,578 87,387 78,007 91,527
Total Current Assets 373,872 384,520 336,276 354,647
Property and equipment, net 53,540 52,448 58,439 58,405
Right-of-use assets 9,509 9,636 9,583 9,753
Goodwill 885,470 881,676 887,302 906,807
Intangibles assets, net 49,241 50,900 38,025 40,873
Indefinite-lived intangibles 16,647 16,647 16,647 16,647
Capitalized software development costs, net 16,324 15,343 23,690 23,404
Deferred tax assets, net 105,822 96,289 104,299 105,389
Other assets 31,125 30,096 30,677 31,519
Total Assets $1,541,550 $ 1,537,555 $ 1,504,938 $1,547,444
         
LIABILITIES AND STOCKHOLDERS' EQUITY        
Current Liabilities        
Accounts payable and accrued expenses $106,924 $ 99,194 $ 75,691 $90,551
Payables to service agents 11,020 11,299 13,626 7,470
Accrued payroll and related benefits 10,053 10,651 9,864 11,991
Working capital facility 277 3,367 6,052 3,696
Fiduciary funds - restricted 2,157 2,092 2,031 1,782
Short term debt 1,039 3,000 — 281
Contingent liability for accrued earn-out acquisition consideration   — 2,332 2,412
Current portion of long term debt and financing lease obligation, net of deferred financing 170,514 28,577 190,155 196,975
Lease Liability 3,307 33,164 3,313 3,361
Contract Liabilities 47,440 3,173 33,134 39,918
Other current liabilities 26,023 26,837 32,060 32,276

Total current liabilities

823,656 205,195 805,327 827,703
Revolving line of credit 444,902 449,902 — —
Long term debt and capital lease obligation, less current portion, net of discount 122 160 194 227
Other Liabilities 26,053 22,259 20,840 20,809
Contingent liability for accrued earn-out acquisition consideration 2,313 2,299 8,141 2,412
Contract Liabilities 7,805 14,098 8,011 9,033
Deferred tax liability, net 1,150 1,150 1,150 1,150
Lease Liability 6,545 6,612 26,857 6,720

Total liabilities

 867,644 878,115 844,912 868,054
         
Stockholders' equity:        
Common stock, $.10 par value 3,085 3,082 3,079 3,075
Additional paid-in capital 19,417 18,800 17,855 16,931
Retained earnings 821,854 814,780 809,037 793,106
Accumulated other comprehensive income (loss) (211,719) (219,437) (212,148) (176,649)
Total Ebix, Inc. stockholders' equity 632,637 617,225 617,823 636,463
Noncontrolling interest 41,269 42,215 42,203 42,927
Total Stockholder Equity 673,906 659,440 660,026 679,390
Total liabilities and stockholders' equity $1,541,550 $ 1,537,555 $ 1,504,938 $1,547,444
         
ASU 2015-03 Term Loan deferred costs netted against balance        
Debt (includes Capital Leases)        
Earn-Out Contingencies        
Total Indebtness