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Wirecard AG
Market news
Financials
Income Statement
Revenue
Net income
(EUR) | 2018info | Y/Y change |
---|---|---|
Revenue | 2.06B | 34.38% |
Operating expense | 484.70M | 13.41% |
Net income | 347.40M | 35.65% |
Net profit margin | 16.85 | 0.90% |
Earnings per share | 2.81 | 33.81% |
EBITDA | 583.60M | 47.41% |
Effective tax rate | 15.16% | — |
Balance Sheet
Total assets
Total liabilities
(EUR) | 2018info | Y/Y change |
---|---|---|
Cash and short-term investments | 2.86B | 42.50% |
Total assets | 5.85B | 29.17% |
Total liabilities | 3.93B | 35.93% |
Total equity | 1.92B | — |
Shares outstanding | 123.57M | — |
Price to book | 0.00 | — |
Return on assets | 5.86% | — |
Return on capital | 9.87% | — |
Cash Flow
Net change in cash
(EUR) | 2018info | Y/Y change |
---|---|---|
Net income | 347.40M | 35.65% |
Cash from operations | 749.60M | 33.03% |
Cash from investing | -231.70M | 35.12% |
Cash from financing | 303.40M | -14.99% |
Net change in cash | 806.70M | 42.93% |
Free cash flow | 530.35M | 41.41% |
About
Wirecard AG is an insolvent German payment processor and financial services provider whose former CEO, COO, two board members, and other executives have been arrested or otherwise implicated in criminal proceedings. In June 2020, the company announced that €1.9 billion in cash was missing. It owed €3.2 billion in debt. In November 2020, the company was dismantled after it sold the assets of its main business unit to Santander Group for €100 million. Other assets, including its North American, UK and Brazilian units had been previously sold at nondisclosed prices. The company offered electronic payment transaction services and risk management, and issued and processed physical and virtual cards. As of 2017, the company was listed on the Frankfurt Stock Exchange, and was a part of the DAX stock index from September 2018 to August 2020.
The company is at the center of an international financial scandal. Allegations of accounting malpractices had trailed the company since the early days of its incorporation, reaching a peak in 2019 after the Financial Times published a series of investigations along with whistleblower complaints and internal documents. Wikipedia
Founded
Jan 1, 1999
Headquarters
Website
Employees
5,685