Moneygram International, Inc. (MGI) Financial Statements (2024 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 investments2,6693,0433,0712,6641,3001,344
Cash and cash equivalents1,6712,0512,0791,678146190
Short-term investments9989929919861,1551,154
Receivables1,1077008257167781,126
Prepaid expense      0
Total current assets:3,7763,7443,8963,3792,0782,470
Noncurrent Assets
Operating lease, right-of-use asset435355 
Property, plant and equipment135134148176194215
Intangible assets, net (including goodwill)442443443450444446
Goodwill442442442442442442
Intangible assets, net (excluding goodwill)  01823
Total noncurrent assets:619629646626638660
Other undisclosed assets1101041321801,5801,642
TOTAL ASSETS:4,5054,4774,6744,1854,2964,773
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,6073,5913,7033,2373,3743,757
Settlement liabilities3,5913,7033,2373,3743,757
Accrued liabilities3,607     
Total current liabilities:3,6073,5913,7033,2373,3743,757
Noncurrent Liabilities
Other undisclosed liabilities1,0441,0701,2081,1881,1911,261
Total liabilities:4,6514,6624,9114,4254,5655,018
Equity
Equity, attributable to parent(146)(185)(237)(240)(269)(245)
Preferred stock    184184184
Common stock111111
Treasury stock, value(18)(10) (18)(29)(66)
Additional paid in capital1,4151,4001,2961,1171,0471,035
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:4,5054,4774,6744,1854,2964,773

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
Revenues1,3101,2841,2171,2851,4481,602
Financial services revenue1,561
Cost of revenue(690)(684)(335)(662)(732)(772)
Cost of goods and services sold(611)(623)    
Gross profit:620600882623715830
Operating expenses(187)(179)(779)(282)(375)(477)
Other undisclosed operating loss(340)(347) (289)(322)(344)
Operating income:937410352199
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   9225445
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 taxes4944    
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)519(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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: