Financial Statement

Ebix, Inc. and Subsidiaries
Condensed Consolidated Statements of Income
  Three Months Ended
  June 30,
  2023 2022
Operating revenue $ 118,430 $ 250,781
     
Operating expenses:    
Cost of services provided 33,757 169,330
Product development 10,947 10,223
Sales and marketing 3,582 4,511
General and administrative, net 36,110 31,736
Amortization and depreciation 4,893 4,874
Total operating expenses 89,289 220,674
     
Operating income 29,141 30,107
Interest income 52 66
Interest expense (24,614 ) (11,664 )
Non-operating (loss) income (3,647 ) (408 )
Foreign currency exchange gain (loss) (840 ) 3,229
Income before income taxes 92 21,330
Income tax (expense) benefit (164 ) (2,478 )
Net income including noncontrolling interest (72 ) 18,852
Net loss attributable to noncontrolling interest (380 ) (491 )
Net income attributable to Ebix, Inc. $ 308 $ 19,343
     
Basic earnings per common share attributable to Ebix, Inc. $ 0.01 $ 0.63
     
Diluted earnings per common share attributable to Ebix, Inc. $ 0.01 $ 0.63
     
Basic weighted average shares outstanding 30,866 30,745
     
Diluted weighted average shares outstanding 30,869 30,756
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EBIX Inc
1 Ebix Way, Johns Creek, Georgia 30097
Ph: 678-281-2027 Fax: 678-281-2019

IR@ebix.com

David Collins, Tanya Kamatu, Chris Eddy
Catalyst Global - 212-924-9800 or ebix@catalyst-ir.com

Ebix Named in Fortune’s 2017 100 Fastest-Growing Companies

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