Moneygram International, Inc. (MGI) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
2828 N. HARWOOD STREET, 15TH FLOOR DALLAS, TX 75201 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,669 | 3,043 | 3,071 | 2,664 | 1,300 | 1,344 | |||
| Cash and cash equivalent | 1,671 | 2,051 | 2,079 | 1,678 | 146 | 190 | |||
| Short-term investments | 998 | 992 | 991 | 986 | 1,155 | 1,154 | |||
| Receivables | 1,107 | 700 | 825 | 716 | 778 | 1,126 | |||
| Prepaid expense | 0 | ||||||||
| Total current assets: | 3,776 | 3,744 | 3,896 | 3,379 | 2,078 | 2,470 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 43 | 53 | 55 | ✕ | ✕ | ||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 135 | 134 | 148 | 176 | 194 | 215 | |||
| Intangible asset, including goodwill, after accumulated amortization | 442 | 443 | 443 | 450 | 444 | 446 | |||
| Goodwill | 442 | 442 | 442 | 442 | 442 | 442 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 0 | 1 | 8 | 2 | 3 | ||||
| Total noncurrent assets: | 619 | 629 | 646 | 626 | 638 | 660 | |||
| Other undisclosed assets | 110 | 104 | 132 | 180 | 1,580 | 1,642 | |||
| TOTAL ASSETS: | 4,505 | 4,477 | 4,674 | 4,185 | 4,296 | 4,773 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,607 | 3,591 | 3,703 | 3,237 | 3,374 | 3,757 | |||
| Settlement liabilities | ✕ | ✕ | 3,591 | 3,703 | 3,237 | 3,374 | 3,757 | ||
| Accrued liabilities | 3,607 | ||||||||
| Total current liabilities: | 3,607 | 3,591 | 3,703 | 3,237 | 3,374 | 3,757 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 1,044 | 1,070 | 1,208 | 1,188 | 1,191 | 1,261 | |||
| Total liabilities: | 4,651 | 4,662 | 4,911 | 4,425 | 4,565 | 5,018 | |||
| Equity | |||||||||
| Equity, attributable to parent | (146) | (185) | (237) | (240) | (269) | (245) | |||
| Preferred stock | 184 | 184 | 184 | ||||||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Treasury stock, value | (18) | (10) | (18) | (29) | (66) | ||||
| Additional paid in capital | 1,415 | 1,400 | 1,296 | 1,117 | 1,047 | 1,035 | |||
| Accumulated other comprehensive loss | (65) | (63) | (58) | (64) | (68) | (63) | |||
| Accumulated deficit | (1,479) | (1,513) | (1,475) | (1,460) | (1,404) | (1,336) | |||
| Total equity: | (146) | (185) | (237) | (240) | (269) | (245) | |||
| TOTAL LIABILITIES AND EQUITY: | 4,505 | 4,477 | 4,674 | 4,185 | 4,296 | 4,773 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,310 | 1,284 | 1,217 | 1,285 | 1,448 | 1,602 | ||
| Financial services revenue | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,561 | |
| Cost of revenue | (690) | (684) | (335) | (662) | (732) | (772) | ||
| Cost of product and service sold | (611) | (623) | ||||||
| Gross profit: | 620 | 600 | 882 | 623 | 715 | 830 | ||
| Operating expenses | (187) | (179) | (779) | (282) | (375) | (477) | ||
| Other undisclosed operating loss | (340) | (347) | (289) | (322) | (344) | |||
| Operating income: | 93 | 74 | 103 | 52 | 19 | 9 | ||
| Nonoperating expense | (53) | (117) | (97) | (116) | (29) | (45) | ||
| Other nonoperating income (expense) | (4) | (4) | (5) | (39) | 24 | |||
| Interest and debt expense | (49) | (44) | (92) | (2) | (54) | (45) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 92 | 2 | 54 | 45 | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (10) | (88) | 6 | (64) | (11) | (37) | ||
| Other undisclosed income from continuing operations before income taxes | 49 | 44 | ||||||
| Income (loss) from continuing operations before income taxes: | 40 | (44) | 6 | (64) | (11) | (37) | ||
| Income tax expense (benefit) | (6) | 6 | (14) | 4 | (13) | 7 | ||
| Income (loss) from continuing operations: | 34 | (38) | (8) | (60) | (24) | (30) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (38) | (8) | (60) | (24) | (30) | ||
| Net income (loss) available to common stockholders, diluted: | 34 | (38) | (8) | (60) | (24) | (30) | ||
Comprehensive Income ($ in millions)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 34 | (38) | (8) | (60) | (24) | (30) | ||
| Other comprehensive income (loss) | (2) | (4) | 5 | 19 | (5) | (7) | ||
| Other undisclosed comprehensive loss | ||||||||
| Comprehensive income (loss): | 32 | (42) | (3) | (41) | (29) | (37) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | ||||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 32 | (42) | (3) | (41) | (29) | (37) | ||
Statements Sources
The financial statements are based on the Company's filings with 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.