Evertec Inc

EVTC

Equity

ISIN PR30040P1032 / Valor 20671378

New York Stock Exchange, Inc (2025-11-21)

USD 29.25+1.04%

Evertec Inc
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About company

Evertec Inc., based in San Juan, Puerto Rico, is a prominent provider of electronic transaction and technology services operating in 26 countries across Latin America and the Caribbean. The company specializes in three main areas: merchant acquiring, payment processing, and business solutions. By capturing and analyzing data throughout the entire transaction and payment processing value chain, Evertec delivers comprehensive services that extend beyond basic technology and product offerings. This integrated approach allows the company to offer enhanced operational efficiencies and tailored financial solutions, distinguishing itself from competitors that may only address portions of the payment processing ecosystem.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In the fourth quarter of 2024, Evertec Inc achieved an 11% increase in revenue, reaching $216.4 million. For the full year, revenue grew by 22% to $845.5 million, driven by organic growth and strategic acquisitions.

Net Income Surge

GAAP Net Income attributable to common shareholders for Q4 2024 soared by 249% to $40.1 million. Annually, net income rose by 41% to $112.6 million, reflecting improved profitability and efficient cost management.

Adjusted EBITDA Improvement

Adjusted EBITDA for the fourth quarter increased by 24% to $88.6 million, with the full year seeing a 17% rise to $340.2 million. These gains highlight Evertec Inc’s effective operational strategies and margin optimization.

Strategic Acquisitions

During 2024, Evertec Inc successfully acquired Nubity, Inc. and Grandata, enhancing its service offerings and expanding its presence in Latin America. These acquisitions have contributed to the company’s robust revenue growth.

Shareholder Returns

Evertec Inc returned $95.2 million to shareholders in 2024 through share repurchases and dividends. Additionally, the company completed a $70 million accelerated share repurchase program, demonstrating its commitment to shareholder value.

Summarized from source with an LLMView Source

Key figures

-18.9%1Y

-10.2%3Y

-20.0%5Y

Performance

31.8%1Y

29.2%3Y

28.9%5Y

Volatility