$Euronet Worldwide (EEFT.US)$🎯 As of 2023.8.10, the current...

New data: 2022Q4 and the whole year, the first two quarters of 2023.

In 2022, revenue increased by 12.1%, operating profit increased by 73.1%, net income increased by 2.3 times to reach 0.23 billion, and interest expenses decreased to 9.2% of operating profit.

In the first two quarters of 2023, revenue increased by 10.5%, operating profit increased by 22.1%, and net income increased by 62%.

In 2022, the debt-to-equity ratio increased from 73.5% to 77%, long-term borrowings increased from 1.42 billion to 1.609 billion, but the book cash balance showed 1.647 billion. The interest expense in the income statement is 37.585 million, while interest income is only 2.066 million, which is very inconsistent. Treasury stock reached 1.106 billion.

In Q2 2023, short-term borrowings suddenly increased by 0.45 billion, long-term borrowings decreased by 0.3 billion to 1.307 billion, total borrowings still increased by 0.15 billion to reach 1.76 billion, while cash and cash equivalents reached 1.914 billion. Treasury stock increased to 1.134 billion.

In 2022 and the first two quarters of 2023, operating cash flow was higher than investment cash flow, indicating some shareholder surplus.

Currently, the P/E ratio is 19.5, which has decreased to 16.5. Compared to the growth rate, it still has a certain discount. It is advisable to cautiously increase shareholding (⭐️).