Evertec, Inc. (EVTC) financial statements (2020 and earlier)

Company profile

Business Address CUPEY CENTER BUILDING
RIO PIEDRAS, 00926
State of Incorp.
Fiscal Year End December 31
SIC 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1111036473709159
Cash and cash equivalents1111036473709159
Restricted cash and investments20131413171311
Receivables107127125127100107104
Prepaid expense6   5  
Other undisclosed current assets321432468
Total current assets:276245206217216217182
Noncurrent Assets
Property, plant and equipment44434546373738
Long-term investments and receivables12121212121214
Long-term investments12121212121213
Due from related parties0000000
Intangible assets, net (including goodwill)641641646648654657663
Goodwill399396396396395396397
Intangible assets, net (excluding goodwill)242245250253259261266
Other noncurrent assets5677666
Other undisclosed noncurrent assets33343538211
Total noncurrent assets:736736744752711712722
TOTAL ASSETS:1,012980950969927929904
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1049483971118880
Accounts payable39253546473735
Accrued liabilities58644644574542
Taxes payable6527764
Debt14141429142322
Due to related parties 226   
Deferred revenue and credits10
Contract with customer, liability211511121214 
Other undisclosed current liabilities6443   
Total current liabilities:144128115148137125112
Noncurrent Liabilities
Long-term debt and lease obligation511514517521524542548
Long-term debt, excluding current maturities511514517521524542548
Liabilities, other than long-term debt56585549413535
Deferred revenue and credits24
Contract with customer, liability283030302624 
Other liabilities27282519151111
Other undisclosed noncurrent liabilities29303435101213
Total noncurrent liabilities:596602607604575588595
Total liabilities:740731722752712714707
Stockholders' equity
Stockholders' equity attributable to parent267245224212211211193
Common stock1111111
Additional paid in capital 3  61311
Accumulated other comprehensive loss(30)(33)(30)(26)(24)(15)(11)
Retained earnings296275253237229212193
Stockholders' equity attributable to noncontrolling interest4444444
Total stockholders' equity:272249229216216215197
TOTAL LIABILITIES AND EQUITY:1,012980950969927929904

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues127119123119118112113
Revenue, net47
Revenue from related parties555352494847 
Cost of revenue(59)(52)(53)(50)(51)(49)(1)
Gross profit:696770696763112
Operating expenses(34)(32)(32)(31)(39)(30)(34)
Other undisclosed operating loss      (48)
Operating income:35353837293231
Nonoperating expense(7)(6)(8)(7)(6)(6)(7)
Other nonoperating income (expense)(1)0(1)011(0)
Interest and debt expense(7)(7)(7)(8)20(8)(8)
Income from continuing operations before equity method investments, income taxes:21212223431916
Other undisclosed income (loss) from continuing operations before income taxes7778(20)88
Income from continuing operations before income taxes:28293031222623
Income tax expense(3)(4)(2)(4)(2)(3)(3)
Net income:25252727202320
Net loss attributable to noncontrolling interest(0)(0)(0)(0)(0)(0)(0)
Net income attributable to parent:25252727202320
Other undisclosed net loss available to common stockholders, basic(0)(0) (0)(0)(0) 
Net income available to common stockholders, diluted:25252727202320

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income:25252727202320
Other comprehensive loss  (4)(2)(9)  
Comprehensive income:25252325112320
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(0)(0)(0)(0)(0)(0)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent3(3)   (4)(4)
Comprehensive income, net of tax, attributable to parent:28212325111916

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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