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Fiserv, Inc., together with its subsidiaries, provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel commerce solution; Clover, a cloud-based point-of-sale and business management platform; and Clover Connect, an independent software vendors platform. This segment distributes through various channels, including direct sales teams, strategic partnerships with agent sales forces, independent software vendors, financial institutions, and other strategic partners. The Fintech segment offers customer deposit and loan accounts, as well as manages an institution's general ledger and central information files. This segment also provides digital banking, financial and risk management, professional services and consulting, item processing and source capture, and other products and services. The Payments segment offers card transactions, such as debit, credit, and prepaid card processing and services; security and fraud protection products; card production; print services; and various network services, as well as non-card digital payment software and services, including bill payment, account-to-account transfers, person-to-person payments, electronic billing, and security and fraud protection products. It serves business, banks, credit unions, other financial institutions, merchants, and corporate clients. Fiserv, Inc. was incorporated in 1984 and is headquartered in Brookfield, Wisconsin.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 2913.00M | 1666.00M | 1171.00M | 1083.00M | 1555.00M |
| Minority interest | -52.00M | -69.00M | -17.00M | -21.00M | 0.00M |
| Net income | 2530.00M | 1334.00M | 958.00M | 893.00M | 1187.00M |
| Selling general administrative | 6059.00M | 5810.00M | 82.26M | 120.44M | 155.58M |
| Selling and marketing expenses | - | - | - | - | 1072.42M |
| Gross profit | 9745.00M | 8098.00M | 7040.00M | 4878.00M | 2754.00M |
| Reconciled depreciation | 3169.00M | 3196.00M | 70.17M | 92.80M | 111.29M |
| Ebit | 3740.00M | 2288.00M | 1416.00M | 1609.00M | 1535.00M |
| Ebitda | 6761.00M | 5555.00M | 4626.00M | 3192.00M | 2091.00M |
| Depreciation and amortization | 3021.00M | 3267.00M | 3210.00M | 1583.00M | 556.00M |
| Non operating income net other | - | - | 1.88M | -0.91M | -5.04M |
| Operating income | 3740.00M | 2288.00M | 1416.00M | 1609.00M | 1753.00M |
| Other operating expenses | 14051.00M | 13938.00M | 13464.00M | 8593.00M | 4297.00M |
| Interest expense | 733.00M | 693.00M | 709.00M | 473.00M | 193.00M |
| Tax provision | 551.00M | 363.00M | -4.08M | 23.79M | -2.95M |
| Interest income | 13.00M | 3.00M | 0.71M | 0.13M | 0.61M |
| Net interest income | -733.00M | -693.00M | 0.71M | 2.27M | 4.24M |
| Non recurring | - | - | 57.15M | 111.11M | - |
| Income tax expense | 551.00M | 363.00M | 196.00M | 198.00M | 378.00M |
| Total revenue | 17737.00M | 16226.00M | 14852.00M | 10187.00M | 5823.00M |
| Total operating expenses | 6059.00M | 5810.00M | 5652.00M | 3284.00M | 1228.00M |
| Cost of revenue | 7992.00M | 8128.00M | 7812.00M | 5309.00M | 3069.00M |
| Total other income expense net | -827.00M | -622.00M | -245.00M | -526.00M | 222.00M |
| Net income from continuing ops | 2582.00M | 1403.00M | -156.22M | -235.33M | -90.73M |
| Net income applicable to common shares | 2530.00M | 1334.00M | -156.22M | -235.33M | -90.73M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 83869.00M | 76249.00M | 74619.00M | 77539.00M | 11262.00M |
| Intangible assets | 12415.00M | 14009.00M | 15358.00M | 17642.00M | 2143.00M |
| Other current assets | 23057.00M | 15175.00M | 12831.00M | 13371.00M | 760.00M |
| Total liab | 52181.00M | 44299.00M | 41290.00M | 42682.00M | 8969.00M |
| Total stockholder equity | 30828.00M | 30952.00M | 32330.00M | 32979.00M | 2293.00M |
| Deferred long term liab | 915.00M | 814.00M | 1.55M | 2.92M | 0.22M |
| Other current liab | 24713.00M | 16609.00M | 14270.00M | 11868.00M | 92.02M |
| Common stock | 8.00M | 8.00M | 8.00M | 8.00M | 8.00M |
| Capital stock | 8.00M | 8.00M | 8.00M | 8.00M | - |
| Retained earnings | 17376.00M | 14846.00M | 13441.00M | 12528.00M | 11635.00M |
| Other liab | 4145.00M | 4660.00M | 24.37M | 30.00M | 29.43M |
| Good will | 36811.00M | 36433.00M | 36322.00M | 36038.00M | 5702.00M |
| Other assets | 1112.00M | 1248.00M | 77.00M | 49.83M | 43.24M |
| Cash | 902.00M | 835.00M | 906.00M | 893.00M | 415.00M |
| Cash and equivalents | 902.00M | 835.00M | 906.00M | - | - |
| Total current liabilities | 26458.00M | 18295.00M | 15637.00M | 15727.00M | 2010.00M |
| Current deferred revenue | 625.00M | 585.00M | 546.00M | 492.00M | 380.00M |
| Net debt | 20516.00M | 20402.00M | 19778.00M | 21006.00M | 5544.00M |
| Short term debt | 468.00M | 508.00M | 384.00M | 287.00M | 4.00M |
| Short long term debt | 468.00M | 508.00M | 384.00M | 287.00M | 5.63M |
| Short long term debt total | 21418.00M | 21237.00M | 20684.00M | 21899.00M | 5959.00M |
| Other stockholder equity | 14633.00M | 16843.00M | 19268.00M | 20623.00M | -9283.00M |
| Property plant equipment | 2544.00M | 2317.00M | 272.71M | 328.43M | 416.49M |
| Total current assets | 27544.00M | 18870.00M | 16219.00M | 17046.00M | 2224.00M |
| Long term investments | 2403.00M | 2561.00M | 2756.00M | 27.31M | 23.78M |
| Net tangible assets | -18398.00M | -19490.00M | 610.57M | 693.39M | 792.66M |
| Short term investments | - | - | 2.25M | 0.00M | 26.60M |
| Net receivables | 3585.00M | 2860.00M | 2482.00M | 2782.00M | 1049.00M |
| Long term debt | 20950.00M | 20729.00M | 20300.00M | 21612.00M | - |
| Inventory | - | - | 81.72M | 78.83M | 69.38M |
| Accounts payable | 652.00M | 593.00M | 437.00M | 3080.00M | 1626.00M |
| Accumulated other comprehensive income | -1189.00M | -745.00M | -387.00M | -180.00M | -67.00M |
| Common stock total equity | - | - | 2.87M | 2.85M | 2.83M |
| Retained earnings total equity | - | - | -377.35M | -220.81M | 16.86M |
| Treasury stock | - | - | -20.04M | -17.26M | -15.37M |
| Non currrent assets other | 1833.00M | 1823.00M | 1644.00M | 1954.00M | 756.60M |
| Non current assets total | 56325.00M | 57379.00M | 58400.00M | 60493.00M | 9038.00M |
| Capital lease obligations | 809.00M | 796.00M | 29.04M | 32.89M | - |
| Long term debt total | 20950.00M | 20729.00M | 20300.00M | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -2112.00M | -1630.00M | 0.58M | 26.62M | 59.78M |
| Change to liabilities | 569.00M | 380.00M | -20.13M | -4.44M | 12.33M |
| Total cashflows from investing activities | -2112.00M | -1630.00M | -20.03M | -10.05M | 10.40M |
| Net borrowings | 136.00M | 295.00M | -0.24M | -5.81M | -7.62M |
| Total cash from financing activities | -2478.00M | -761.00M | -3836.00M | 14191.00M | -842.00M |
| Change to operating activities | -543.00M | -517.00M | 1.94M | -0.93M | 1.86M |
| Net income | 2582.00M | 1403.00M | 975.00M | 914.00M | 1187.00M |
| Change in cash | -13.00M | 1616.00M | -14.00M | 518.00M | 90.00M |
| Begin period cash flow | 3205.00M | 2744.00M | 933.00M | 415.00M | 325.00M |
| End period cash flow | 3192.00M | 4360.00M | 919.00M | 933.00M | 415.00M |
| Total cash from operating activities | 4618.00M | 4034.00M | 4147.00M | 2795.00M | 1552.00M |
| Issuance of capital stock | 149.00M | 140.00M | 133.00M | 156.00M | - |
| Depreciation | 3169.00M | 3196.00M | 3210.00M | 1651.00M | 556.00M |
| Other cashflows from investing activities | -633.00M | -470.00M | 7.86M | 0.28M | -29.65M |
| Dividends paid | -3461.00M | -8176.00M | -8891.00M | -20260.00M | 5039.00M |
| Change to inventory | -253.00M | -248.00M | -167.00M | -82.00M | -2.92M |
| Change to account receivables | -770.00M | -358.00M | 320.00M | -7.00M | -108.00M |
| Sale purchase of stock | -2677.00M | -2786.00M | -1826.00M | -561.00M | -1946.00M |
| Other cashflows from financing activities | 6836.00M | 17942.00M | 17666.00M | 40129.00M | 10073.00M |
| Change to netincome | -380.00M | -53.00M | 87.10M | 162.07M | -3.51M |
| Capital expenditures | 1479.00M | 1160.00M | 900.00M | 721.00M | 360.00M |
| Change receivables | - | - | 54.71M | 22.15M | -63.65M |
| Cash flows other operating | - | - | 5.21M | 0.12M | 4.49M |
| Exchange rate changes | - | - | - | - | 3.38M |
| Cash and cash equivalents changes | - | - | 17.54M | 11.06M | -26.80M |
| Change in working capital | -744.00M | -495.00M | -211.00M | 36.00M | -169.00M |
| Stock based compensation | 323.00M | 239.00M | 369.00M | 229.00M | 73.00M |
| Other non cash items | -154.00M | -47.00M | -267.00M | -82.00M | -228.00M |
| Free cash flow | 3139.00M | 2874.00M | 3247.00M | 2074.00M | 1192.00M |
Sector: Technology Industry: Information Technology Services
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| IBM International Business Machines |
-2.11 0.85% |
245.00 | 22.06 | 18.73 | 3.39 | 6.81 | 4.22 | 16.61 |
| ACN Accenture plc |
- -% |
260.50 | 16.00 | 14.29 | 1.66 | 3.84 | 1.65 | 9.80 |
| INFY Infosys Ltd ADR |
-0.30 2.34% |
12.50 | 25.55 | 22.78 | 4.20 | 8.01 | 4.10 | 15.87 |
| FJTSF Fujitsu Limited |
- -% |
21.93 | 21.97 | 14.84 | 0.01 | 3.44 | 1.86 | 11.66 |
Fiserv, Inc., together with its subsidiaries, provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel commerce solution; Clover, a cloud-based point-of-sale and business management platform; and Clover Connect, an independent software vendors platform. This segment distributes through various channels, including direct sales teams, strategic partnerships with agent sales forces, independent software vendors, financial institutions, and other strategic partners. The Fintech segment offers customer deposit and loan accounts, as well as manages an institution's general ledger and central information files. This segment also provides digital banking, financial and risk management, professional services and consulting, item processing and source capture, and other products and services. The Payments segment offers card transactions, such as debit, credit, and prepaid card processing and services; security and fraud protection products; card production; print services; and various network services, as well as non-card digital payment software and services, including bill payment, account-to-account transfers, person-to-person payments, electronic billing, and security and fraud protection products. It serves business, banks, credit unions, other financial institutions, merchants, and corporate clients. Fiserv, Inc. was incorporated in 1984 and is headquartered in Brookfield, Wisconsin.
Mastenmakersweg 1, Den Helder, Netherlands, 1786 PB
31 22 367 0000
41000
| Name | Title | Year Born |
|---|---|---|
| Mr. Michael C. Kearney | Chairman of the Supervisory Board, Pres & CEO | 1949 |
| Ms. Melissa Cougle | Sr. VP, CFO, Principal Accounting Officer, MD & Member of Management Board | 1977 |
| Mr. Steven J. Russell | Sr. VP of Operations, MD & Member of Management Board | 1968 |
| Mr. John C. Symington | Sr. VP, Gen. Counsel, Sec., Chief Compliance Officer, MD & Member of Management Board | 1961 |
| Mr. Nigel Malcolm Lakey | Sr. VP of Technology | 1959 |
| Ms. Erin Fazio | Head of Investor Relations | NA |
| Alison Greene | Mang. of Corp. Communications | NA |
| Mr. Thad Scott | Sr. VP of Marketing & Bus. Devel. | NA |
| Ms. Natalie Questell | VP of Human Resource | NA |
| Blake Holcomb | Director of Fin. & Investor Relations | NA |
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