MGI · Moneygram International Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $337.50M | - | $330.80M | $329.60M | $307.60M | - | $319.60M | $329.30M | $310.10M | - |
| Cost of Revenue | $177.90M | - | $174.60M | $172.70M | $161.40M | - | $170.50M | $177.70M | $154.40M | - |
| Gross Profit | $159.60M | - | $156.20M | $156.90M | $146.20M | - | $148.70M | $126.90M | $136.50M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $15.90M | - | $14.70M | $15.10M | $14.50M | - | $15.30M | $16.30M | $15.50M | - |
| Total Operating Expenses | $139.90M | - | $133.10M | $139.80M | $128.30M | - | $122.30M | $104.90M | $123.40M | - |
| D&A | $12.50M | - | $13.70M | $12.10M | $12.20M | - | $14.10M | $16.20M | $17.10M | - |
| Operating Income | $19.70M | - | $23.10M | $17.10M | $17.90M | - | $26.80M | $21.90M | $8.40M | - |
| Interest Expense | $15.00M | - | $12.20M | $12.10M | $10.90M | - | $13.00M | $22.50M | $22.30M | - |
| Income Tax | ($1.30M) | - | $5.90M | $800.0K | $1.00M | - | ($5.20M) | ($600.0K) | $500.0K | - |
| Net Income | $5.00M | - | $4.20M | $3.10M | $5.10M | - | ($15.60M) | ($11.10M) | ($15.40M) | - |
| EPS - Basic | $0.05 | - | $0.04 | $0.03 | $0.05 | - | ($0.16) | ($0.13) | ($0.19) | - |
| EPS - Diluted | $0.05 | - | $0.04 | $0.03 | ($0.19) | - | ($0.16) | ($0.13) | - | - |
Balance Sheet
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $136.90M | $1.67B | $126.70M | $117.40M | $103.70M | $2.05B | $152.60M | $117.00M | $152.80M | $2.08B |
| Accounts Receivable | $942.10M | $1.11B | $1.03B | $1.05B | $903.60M | $700.40M | $810.70M | $856.80M | $824.90M | $825.00M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $4.14B | $4.51B | $4.39B | $4.50B | $4.43B | $4.48B | $4.48B | $4.47B | $4.59B | $4.67B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $785.00M | $785.40M | $785.70M | $786.00M | $786.00M | $786.70M | $801.90M | $766.10M | $858.80M | $857.80M |
| Total Liabilities | $4.28B | $4.65B | $4.58B | $4.69B | $4.61B | $4.66B | $4.67B | $4.64B | $4.85B | $4.91B |
| Stockholders' Equity | ($143.40M) | ($145.80M) | ($186.40M) | ($184.90M) | ($184.30M) | ($185.00M) | ($185.90M) | ($168.20M) | ($259.20M) | ($237.00M) |
| Retained Earnings | ($1.47B) | ($1.48B) | ($1.50B) | ($1.51B) | ($1.51B) | ($1.51B) | ($1.52B) | ($1.50B) | ($1.49B) | ($1.48B) |
Cash Flow
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($7.00M) | - | - | - | ($30.00M) | - | - | - | ($26.90M) | - |
| Investing Cash Flow | $40.80M | - | - | - | ($14.50M) | - | - | - | ($11.20M) | - |
| Financing Cash Flow | ($198.60M) | - | - | - | ($214.50M) | - | - | - | ($5.20M) | - |
| CapEx | $19.90M | - | - | - | $10.30M | - | - | - | $11.20M | - |
| Free Cash Flow | ($26.90M) | - | - | - | ($40.30M) | - | - | - | ($38.10M) | - |
Ratios
| Metric | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 47.3% | - | 47.2% | 47.6% | 47.5% | - | 46.5% | 38.5% | 44.0% | - |
| Operating margin | 5.8% | - | 7.0% | 5.2% | 5.8% | - | 8.4% | 6.7% | 2.7% | - |
| EBITDA margin | 9.5% | - | 11.1% | 8.9% | 9.8% | - | 12.8% | 11.6% | 8.2% | - |
| Net margin | 1.5% | - | 1.3% | 0.9% | 1.7% | - | -4.9% | -3.4% | -5.0% | - |
| Free cash flow margin | -8.0% | - | - | - | -13.1% | - | - | - | -12.3% | - |
| FCF / Net income | -5.38 | - | - | - | -7.90 | - | - | - | 2.47 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 4.7% | - | 4.4% | 4.6% | 4.7% | - | 4.8% | 4.9% | 5.0% | - |
| Effective tax rate | -35.1% | - | 58.4% | 20.5% | 16.4% | - | - | - | - | - |
| Return on assets | 0.1% | - | 0.1% | 0.1% | 0.1% | - | -0.3% | -0.2% | -0.3% | - |
| Return on equity | -3.5% | - | -2.3% | -1.7% | -2.8% | - | 8.4% | 6.6% | 5.9% | - |
| Return on invested capital | 3.1% | - | 1.9% | 2.3% | 2.5% | - | 3.4% | 2.9% | 1.1% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | -5.47 | -5.39 | -4.22 | -4.25 | -4.26 | -4.25 | -4.31 | -4.55 | -3.31 | -3.62 |
| Debt / Assets | 0.19 | 0.17 | 0.18 | 0.17 | 0.18 | 0.18 | 0.18 | 0.17 | 0.19 | 0.18 |
| Debt / EBITDA | 24.38 | - | 21.35 | 26.92 | 26.11 | - | 19.61 | 20.11 | 33.68 | - |
| Interest coverage | 1.3x | - | 1.9x | 1.4x | 1.6x | - | 2.1x | 1.0x | 0.4x | - |
| Equity multiplier | -28.84 | -30.90 | -23.55 | -24.36 | -24.04 | -24.20 | -24.12 | -26.59 | -17.70 | -19.72 |
| Liabilities / Assets | 1.03 | 1.03 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.06 | 1.05 |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | - | 0.08 | 0.07 | 0.07 | - | 0.07 | 0.07 | 0.07 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 1019d | - | 1134d | 1164d | 1072d | - | 926d | 950d | 971d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 9.7% | - | 3.5% | 0.1% | -0.8% | - | -1.1% | 17.7% | 6.6% | - |
| Revenue CAGR (3y) | 5.1% | - | 0.6% | 0.6% | -0.8% | - | -2.7% | -4.2% | -6.6% | - |
| Revenue CAGR (5y) | -2.3% | - | -3.6% | -4.3% | -4.4% | - | -3.6% | -3.0% | -2.9% | - |
| Gross profit growth (YoY) | 9.2% | - | 5.0% | 23.6% | 7.1% | - | - | - | - | - |
| Operating income growth (YoY) | 10.1% | - | -13.8% | -21.9% | 113.1% | - | -26.8% | -0.5% | -35.9% | - |
| Net income growth (YoY) | -2.0% | - | - | - | - | - | - | -141.3% | 28.4% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | -14.6% | - | -19.7% | -19.7% | - | - | - | - | - | - |
| FCF growth (YoY) | 33.3% | - | - | - | -5.8% | - | - | - | -4.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 22.2% | 21.2% | -0.3% | -9.9% | 28.9% | 21.9% | 25.4% | 37.4% | 3.2% | 1.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$1.28B totalGlobal Funds Transfer$1.23B · 95.7%
Financial Paper Products$54.80M · 4.3%
Product / service
$4.97B totalFeerevenuefor GFTproductsandservices$1.23B · 24.7%
Timingofrevenuerecognition$1.21B · 24.4%
Money Order$1.19B · 23.9%
Moneytransfersfee$1.16B · 23.3%
Feerevenuefor FPPproductsandservices$47.00M · 0.9%
Billpaymentfee$40.50M · 0.8%
Billpaymentfeeandother$40.50M · 0.8%
Revenuefromotherservices$28.30M · 0.6%
Official Check$13.90M · 0.3%
Officialcheckfee$7.10M · 0.1%
Moneyorderfee$6.30M · 0.1%
Geographic
$1.28B totalGeographic Distribution Foreign$739.70M · 57.6%
Geographic Distribution Domestic$543.90M · 42.4%
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing MONEYGRAM INTERNATIONAL INC against the 5 most active filers in the same SIC group.