Delisted
Ebix's stock was delisted from OTC on February 15, 2024.
Ebix filed to terminate its SEC registration on August 30, 2024.
The business overview below summarizes the 10-K filed March 15, 2023, which predates these events.
Sources: 25-NSE (Feb 15, 2024) , 15-12G (Aug 30, 2024)
EBIX INC (EBIX) — 10-K Item 1 Business Summary
Business Summary
Ebix, Inc. is a Delaware corporation (founded 1976, renamed from Delphi Systems in 2003) that operates as an international supplier of on-demand infrastructure exchanges serving the insurance, financial services, travel, and healthcare industries. The company makes money through three channels: EbixCash (fintech/payments/travel in India and Southeast Asia), Insurance Exchanges (SaaS platforms connecting brokers and carriers in the U.S. and internationally), and Risk Compliance Solutions (outsourced compliance services and certificates of insurance). Its customers span insurance carriers, brokers, financial institutions, corporate clients, and consumers across more than 70 countries.
Products & Services
EbixCash Exchanges (~76% of 2022 revenue — $797.8M) - Prepaid gift cards (co-branded VISA/Mastercard/Rupay, sold to corporate clients for employee incentives) - Inward money remittance (principal agent for Western Union, MoneyGram, Ria, Transfast in India — market leader) - Foreign exchange / outward remittance (EbixCash...
AI-generated summary of Item 1 (Business) from the 10-K filed Mar 15, 2023 — View filing on SEC.gov. May contain errors — refer to the filing for authoritative information.
Across SEC filings
Annual results · 10-K
Fiscal 2022- Revenue
- $1.1B
- Net income
- $64.6M
As reported in the fiscal 2022 annual report.