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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash-to-Debt 0.43
EBIX's Cash-to-Debt is ranked lower than
84% of the 1921 Companies
in the Global Software - Application industry.

( Industry Median: 10.13 vs. EBIX: 0.43 )
Ranked among companies with meaningful Cash-to-Debt only.
EBIX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13  Med: 0.65 Max: No Debt
Current: 0.43
Equity-to-Asset 0.53
EBIX's Equity-to-Asset is ranked lower than
60% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 0.60 vs. EBIX: 0.53 )
Ranked among companies with meaningful Equity-to-Asset only.
EBIX' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.5  Med: 0.48 Max: 0.77
Current: 0.53
-0.5
0.77
Interest Coverage 13.60
EBIX's Interest Coverage is ranked lower than
76% of the 1467 Companies
in the Global Software - Application industry.

( Industry Median: 173.79 vs. EBIX: 13.60 )
Ranked among companies with meaningful Interest Coverage only.
EBIX' s Interest Coverage Range Over the Past 10 Years
Min: 13.6  Med: 36.23 Max: 90.58
Current: 13.6
13.6
90.58
Piotroski F-Score: 6
Altman Z-Score: 4.84
Beneish M-Score: -2.23
WACC vs ROIC
8.48%
17.07%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating Margin % 33.62
EBIX's Operating Margin % is ranked higher than
95% of the 1862 Companies
in the Global Software - Application industry.

( Industry Median: 4.84 vs. EBIX: 33.62 )
Ranked among companies with meaningful Operating Margin % only.
EBIX' s Operating Margin % Range Over the Past 10 Years
Min: 29.88  Med: 37.9 Max: 40.69
Current: 33.62
29.88
40.69
Net Margin % 31.46
EBIX's Net Margin % is ranked higher than
96% of the 1863 Companies
in the Global Software - Application industry.

( Industry Median: 3.19 vs. EBIX: 31.46 )
Ranked among companies with meaningful Net Margin % only.
EBIX' s Net Margin % Range Over the Past 10 Years
Min: 28.96  Med: 33.43 Max: 44.65
Current: 31.46
28.96
44.65
ROE % 22.41
EBIX's ROE % is ranked higher than
84% of the 1803 Companies
in the Global Software - Application industry.

( Industry Median: 6.16 vs. EBIX: 22.41 )
Ranked among companies with meaningful ROE % only.
EBIX' s ROE % Range Over the Past 10 Years
Min: 15.04  Med: 24.27 Max: 41.94
Current: 22.41
15.04
41.94
ROA % 12.87
EBIX's ROA % is ranked higher than
85% of the 1927 Companies
in the Global Software - Application industry.

( Industry Median: 2.92 vs. EBIX: 12.87 )
Ranked among companies with meaningful ROA % only.
EBIX' s ROA % Range Over the Past 10 Years
Min: 10.77  Med: 15.73 Max: 21.88
Current: 12.87
10.77
21.88
ROC (Joel Greenblatt) % 194.96
EBIX's ROC (Joel Greenblatt) % is ranked higher than
84% of the 1883 Companies
in the Global Software - Application industry.

( Industry Median: 23.13 vs. EBIX: 194.96 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
EBIX' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 194.96  Med: 574.88 Max: 841.3
Current: 194.96
194.96
841.3
3-Year Revenue Growth Rate 19.70
EBIX's 3-Year Revenue Growth Rate is ranked higher than
83% of the 1454 Companies
in the Global Software - Application industry.

( Industry Median: 5.30 vs. EBIX: 19.70 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
EBIX' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -62.5  Med: 11.5 Max: 35.7
Current: 19.7
-62.5
35.7
3-Year EBITDA Growth Rate 18.50
EBIX's 3-Year EBITDA Growth Rate is ranked higher than
68% of the 1210 Companies
in the Global Software - Application industry.

( Industry Median: 8.40 vs. EBIX: 18.50 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
EBIX' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -67.9  Med: 43.5 Max: 200.5
Current: 18.5
-67.9
200.5
3-Year EPS without NRI Growth Rate 23.20
EBIX's 3-Year EPS without NRI Growth Rate is ranked higher than
71% of the 1098 Companies
in the Global Software - Application industry.

( Industry Median: 7.70 vs. EBIX: 23.20 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
EBIX' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -58  Med: 23.2 Max: 125.2
Current: 23.2
-58
125.2
GuruFocus has detected 6 Warning Signs with Ebix Inc $EBIX.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» EBIX's 10-Y Financials

Financials (Next Earnings Date: 2017-05-28 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

EBIX Guru Trades in Q1 2016

John Hussman 175,000 sh (+600.00%)
Jim Simons 45,280 sh (+26.12%)
Paul Tudor Jones 16,291 sh (-27.12%)
Chuck Royce 82,997 sh (-48.84%)
» More
Q2 2016

EBIX Guru Trades in Q2 2016

Jim Simons 76,380 sh (+68.68%)
Paul Tudor Jones 16,965 sh (+4.14%)
John Hussman 175,000 sh (unchged)
Chuck Royce 82,997 sh (unchged)
» More
Q3 2016

EBIX Guru Trades in Q3 2016

Chuck Royce 82,997 sh (unchged)
Paul Tudor Jones 16,372 sh (-3.50%)
John Hussman 125,000 sh (-28.57%)
Jim Simons 17,580 sh (-76.98%)
» More
Q4 2016

EBIX Guru Trades in Q4 2016

Jim Simons Sold Out
Chuck Royce 79,997 sh (-3.61%)
John Hussman 100,000 sh (-20.00%)
Paul Tudor Jones 9,155 sh (-44.08%)
» More
» Details

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Business Description

Industry: Application Software » Software - Application    NAICS: 423430    SIC: 7373
Compare:NAS:PCTY, NAS:STMP, NAS:SYNA, NAS:DSGX, NYSE:LXFT, OTCPK:ISMAY, NYSE:RNG, NAS:MSTR, OTCPK:SPHHF, NYSE:HUBS, NAS:CSOD, NAS:FEYE, OTCPK:AVEVF, NYSE:CMCM, NAS:TIVO, NAS:CVLT, NAS:MDRX, NYSE:DBD, NAS:TTD, NAS:ALRM » details
Traded in other countries:EWZ.Germany,
Headquarter Location:USA
Ebix Inc provides software and e-commerce solutions to the insurance, finance and healthcare industries.

Ebix Inc, a California corporation was founded in 1976 as Delphi Systems, Inc, a California corporation. In December 2003 the Company changed its name to Ebix, Inc. The Company is an international supplier of software and e-commerce solutions to the insurance industry. It provides a series of application software products for the insurance industry from carrier systems, agency systems and exchanges to custom software development for all entities involved in the insurance and financial industries. Products include carrier systems, agency systems, and data exchanges and feature fully customizable and scalable software designed to improve the way insurance professionals manage all aspects of distribution, including: marketing, sales, service, accounting and management. The Company's product and service include expansion of connectivity between consumers, agents, carriers, and third party providers through its Exchange family of products in the life, health, workers compensation, risk management, annuity and property and casualty ('P&C') sectors namely the EbixExchange family of products; sales and support of P&C back-end insurance and Broker management systems; sale, customization, development, implementation and support of its P&C back-end insurance carrier system platforms; and, business process outsourcing services, which include certificate origination, certificate tracking, claims adjudication call center, and back office support. The Company's customers include hundreds of the top insurance and financial sector companies in the world.

Top Ranked Articles about Ebix Inc

Ebix Wins Project to Set Up Smart Class Rooms in Udaipur

ATLANTA, GA--(Marketwired - Jun 28, 2016) - Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, today announced that Ebix along with its consortium partner Educomp, has been selected to set up Smart Class rooms in the historical city of Udaipur in Rajasthan, India. The project will be implemented by Ebix's newly formed joint venture subsidiary with Educomp Solutions Limited to address the e-Learning sector in India. The project involves deploying digital classroom technology in Government schools in the walled city of Udaipur. The decision to select Ebix, along with its consortium partner Educomp was made by the Government owned public sector unit - Udaipur Smart City Limited (USCL). USCL has been working towards the Development of "Smart City Udaipur" since its inception. USCL is striving to enhance the learning outcomes of school children using diverse digital techniques. One of the techniques is to empower teachers by training them to use multimedia content and interactive techniques. By having the right mix of conventional blackboard based teaching along with interactive 2D/3D multimedia videos, animation and digital courseware, USCL aims to impart standardized high quality e-learning to school students in the city. Smart Cities Mission is a core urban renewal and retrofitting program by the Government of India with a mission to develop 100 smart cities all over the country. The Union Ministry of Urban Development is responsible for implementing the mission in collaboration with the state governments of each of these cities. The Government of India under the leadership of Prime Minister Narendra Modi has earmarked a total budget of $7 billion towards the vision of developing 100 smart cities, that would be equipped with smart solutions in many areas like education, e-governance, public transport, IT connectivity, and citizen participation. Ebix Chairman, President and CEO Robin Raina said, "This is an exciting win for the Company, as it puts a stamp of approval on our ability to meet the needs of the Government schools in India. It establishes us as a serious contender for all smart e-learning initiatives of the Government of India, across the length and breadth of the country. Imparting standardized high quality education is an important goal of the present Indian administration and our e-learning subsidiary is focused on being a participant in that initiative, aided by the vast library of 25,000 plus e-learning courses that it has access to through its partnership with Educomp." About Ebix, Inc. A leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, Ebix, Inc., (NASDAQ: EBIX) provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and risk compliance solutions to custom software development for all entities involved in the insurance industry. With 40 offices across Brazil, Singapore, Australia, the US, UK, New Zealand, India and Canada, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of insurance and technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company's website at www.ebix.com SAFE HARBOR REGARDING FORWARD-LOOKING STATEMENTS

As used herein, the terms "Ebix," "the Company," "we," "our" and "us" refer to Ebix, Inc., a Delaware corporation, and its consolidated subsidiaries as a combined entity, except where it is clear that the terms mean only Ebix, Inc. The information contained in this Press Release contains forward-looking statements and information within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. This information includes assumptions made by, and information currently available to management, including statements regarding future economic performance and financial condition, liquidity and capital resources, acceptance of the Company's products by the market, and management's plans and objectives. In addition, certain statements included in this and our future filings with the Securities and Exchange Commission ("SEC"), in press releases, and in oral and written statements made by us or with our approval, which are not statements of historical fact, are forward-looking statements. Words such as "may," "could," "should," "would," "believe," "expect," "anticipate," "estimate," "intend," "seeks," "plan," "project," "continue," "predict," "will," "should," and other words or expressions of similar meaning are intended by the Company to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are found at various places throughout this report and in the documents incorporated herein by reference. These statements are based on our current expectations about future events or results and information that is currently available to us, involve assumptions, risks, and uncertainties, and speak only as of the date on which such statements are made. Our actual results may differ materially from those expressed or implied in these forward-looking statements. Factors that may cause such a difference, include, but are not limited to those discussed in our Annual Report on Form 10-K and subsequent reports filed with the SEC, as well as: the risk of an unfavorable outcome of the pending governmental investigations or shareholder class action lawsuits, reputational harm caused by such investigations and lawsuits, the willingness of independent insurance agencies to outsource their computer and other processing needs to third parties; pricing and other competitive pressures and the Company's ability to gain or maintain share of sales as a result of actions by competitors and others; changes in estimates in critical accounting judgments; changes in or failure to comply with laws and regulations, including accounting standards, taxation requirements (including tax rate changes, new tax laws and revised tax interpretations) in domestic or foreign jurisdictions; exchange rate fluctuations and other risks associated with investments and operations in foreign countries (particularly in Australia and India wherein we have significant operations); equity markets, including market disruptions and significant interest rate fluctuations, which may impede our access to, or increase the cost of, external financing; and international conflict, including terrorist acts. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update any such factors, or to publicly announce the results of, or changes to any of the forward-looking statements contained herein to reflect future events, developments, changed circumstances, or for any other reason. Readers should carefully review the disclosures and the risk factors described in the documents we file from time to time with the SEC, including future reports on Forms 10-Q and 8-K, and any amendments thereto. You may obtain our SEC filings at our website, www.ebix.com under the "Investor Information" section, or over the Internet at the SEC's web site, www.sec.gov.


CONTACT:

Darren Joseph

678-281-2027

Email Contact



David Collins or Chris Eddy

Catalyst Global

212-924-9800

Email Contact





Read more...
Ebix Increases Credit Facility to $400 Million With the Ability to Upsize to $500 Million via an Accordian Option

ATLANTA, GA--(Marketwired - Jun 20, 2016) - Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, today announced the expansion of its existing credit facility from $240 million to $400 million, to fund its growth and share repurchase initiatives. The $160 million increase in the bank line was the result of many members of the existing bank group expanding their share of the credit facility and the addition of PNC Bank, BMO Harris Bank, KeyBank, HSBC Bank, Cadence Bank and Trustmark National Bank to the Banking Syndicate, which further diversifies Ebix's lending group under the credit facility to eleven participants. The syndicated bank group now comprises eleven leading financial institutions that include Regions Bank, PNC Bank, TD Bank N.A., BMO Harris Bank, KeyBank, MUFG Union Bank N.A., Fifth Third Bank, HSBC Bank, Silicon Valley Bank, Cadence Bank and Trustmark National Bank. Regions Bank continued to lead the banking group while serving as the administrative and collateral agent. PNC Bank and TD Securities (USA) were added as syndication agents, KeyBank as documentation agent, while Regions Capital Markets, PNC Capital Markets and TD Securities (USA) acted as joint lead arrangers and joint bookrunners.   The new credit facility has the following key components --

A 5-year term loan for $125 million
A 5-year revolving credit facility for $275 million

The new credit facility also allows for up to $100 million of incremental facilities. As of closing, the facility interest rates will be based on a leveraged-based pricing grid, which based on Ebix's estimates, is expected to be 2.25% as of closing. The Company also announced that it now has access to total funds of approximately $250 million to fund any of its working capital or any other growth and share repurchase initiatives. This includes the worldwide cash balances in the bank of approximately $70 million in addition to available credit line of approximately $180 million. Robin Raina, President and CEO, Ebix Inc. said, "We are excited to have the support of eleven leading financial institutions towards funding our future growth initiatives. We thank our existing five banks that have continued to repose faith in our fundamentals, as also welcome six new banks to the expanded banking syndicate. The support of the banks has been overwhelming with the credit line commitments being oversubscribed strongly. We feel that our expanded banking syndicate comprises a world class banking group that has the capacity and intent to keep pace with our projected growth trajectory." About Regions Financial Corporation

Regions Financial Corporation (NYSE: RF), with $126 billion in assets, is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management, mortgage, and insurance products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,600 banking offices and 2,000 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com. About Ebix, Inc.

A leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, Ebix, Inc., (NASDAQ: EBIX) provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and risk compliance solutions to custom software development for all entities involved in the insurance industry. With 40 offices across Brazil, Singapore, Australia, the US, UK, New Zealand, India and Canada, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of insurance and technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company's website at www.ebix.com SAFE HARBOR REGARDING FORWARD-LOOKING STATEMENTS

As used herein, the terms "Ebix," "the Company," "we," "our" and "us" refer to Ebix, Inc., a Delaware corporation, and its consolidated subsidiaries as a combined entity, except where it is clear that the terms mean only Ebix, Inc. The information contained in this Press Release contains forward-looking statements and information within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. This information includes assumptions made by, and information currently available to management, including statements regarding future economic performance and financial condition, liquidity and capital resources, acceptance of the Company's products by the market, and management's plans and objectives. In addition, certain statements included in this and our future filings with the Securities and Exchange Commission ("SEC"), in press releases, and in oral and written statements made by us or with our approval, which are not statements of historical fact, are forward-looking statements. Words such as "may," "could," "should," "would," "believe," "expect," "anticipate," "estimate," "intend," "seeks," "plan," "project," "continue," "predict," "will," "should," and other words or expressions of similar meaning are intended by the Company to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are found at various places throughout this report and in the documents incorporated herein by reference. These statements are based on our current expectations about future events or results and information that is currently available to us, involve assumptions, risks, and uncertainties, and speak only as of the date on which such statements are made. Our actual results may differ materially from those expressed or implied in these forward-looking statements. Factors that may cause such a difference, include, but are not limited to those discussed in our Annual Report on Form 10-K and subsequent reports filed with the SEC, as well as: the risk of an unfavorable outcome of the pending governmental investigations or shareholder class action lawsuits, reputational harm caused by such investigations and lawsuits, the willingness of independent insurance agencies to outsource their computer and other processing needs to third parties; pricing and other competitive pressures and the Company's ability to gain or maintain share of sales as a result of actions by competitors and others; changes in estimates in critical accounting judgments; changes in or failure to comply with laws and regulations, including accounting standards, taxation requirements (including tax rate changes, new tax laws and revised tax interpretations) in domestic or foreign jurisdictions; exchange rate fluctuations and other risks associated with investments and operations in foreign countries (particularly in Australia and India wherein we have significant operations); equity markets, including market disruptions and significant interest rate fluctuations, which may impede our access to, or increase the cost of, external financing; and international conflict, including terrorist acts. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update any such factors, or to publicly announce the results of, or changes to any of the forward-looking statements contained herein to reflect future events, developments, changed circumstances, or for any other reason. Readers should carefully review the disclosures and the risk factors described in the documents we file from time to time with the SEC, including future reports on Forms 10-Q and 8-K, and any amendments thereto. You may obtain our SEC filings at our website, www.ebix.com under the "Investor Information" section, or over the Internet at the SEC's web site, www.sec.gov.


CONTACT:

Darren Joseph

678-281-2027

Email Contact



David Collins, Chris Eddy

Catalyst Global

212-924-9800

Email Contact





Read more...
Ebix Offers to Acquire Insurance Technology Solutions Provider, Patriot National, Inc., for $9.50 per Share

Ebix Postpones Plans for the Proposed 3-for-1 Stock Split and Related Shareholder Vote to Facilitate Pursuit of this and other Potential Transactions

ATLANTA, GA--(Marketwired - Jun 15, 2016) -  Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, today announced that it has sent a letter to the Board of Patriot National, Inc. (traded on NYSE), a provider of technology-enabled outsourcing solutions for the insurance industry, outlining its offer to acquire 100% of the outstanding stock of Patriot National for $9.50 per share. The Ebix offer, based on 28.037 million Patriot National diluted shares outstanding, represents a 37% premium to Patriot National's closing share price of $6.92 as of June 14, 2016. The offer contemplates the assumption of Patriot National's receivables, cash and restricted cash and other assets as well as its current and long-term liabilities including notes payable and earn-out liabilities. For the quarter ended March 31, 2016, Patriot national reported GAAP Revenues of $64.6 million and GAAP Net income of $3.4 million. With Q1 2016 Adjusted EBITDA of $15.6 million, Patriot National recently affirmed its full year 2016 outlook of total fee income of $270-$280 million and Adjusted EBITDA of $73-$78 million. In 2015, Patriot National generated total revenues of $209.7 million, adjusted EBITDA of $51.5 million and a net loss of $5.4 million. Transaction Rationale:

Highly Accretive: Ebix's model is to integrate acquired products, services and companies in a highly disciplined and efficient manner, with resulting cash flow and earnings per share being key endpoint metrics. Ebix believes that the combination of the two companies can be highly accretive for the shareholders of the combined post-merger company.



Building Upon an Industry-Leading Technology & Insurance Services Platform: Ebix has built an extensive portfolio of insurance related products, services and deep domain expertise that serves over 16,000 clients in 50 countries with more than 500,000 users. The Ebix management has a few hundred years of experience across all sectors of the insurance services industry, providing strong historical knowledge and excellent working relationships with key insurance brokers, carriers and other insurance ecosystem service providers. The addition of Patriot National's workers compensation insurance technology and outsourced services will complement and strengthen a world leading insurance domain focused company with an unparalleled repertoire of products and services.



Vision to create the World's largest End-to-End Enterprise Insurance Services Player: The merged entity would become the world's largest provider of straight through processing in the insurance services industry, offering on-demand based front end systems, back end systems, exchanges, strategic consulting and risk compliance services all under one roof.



Expanded International Cross Selling Opportunities: With approximately 3,000 employees located in over 40 offices servicing clients in 50  countries across 6 continents, Ebix provides a truly global platform with "on-the-ground" presence in major insurance markets worldwide. Global offices are staffed with local nationals possessing language skills and a deep familiarity with local customs, business norms and regulatory frameworks. A merger further enhances this footprint while providing substantial cross selling opportunities.

Ebix intends to pay for at least 55% of the purchase in cash and the balance (45%) in cash or stock, as mutually agreed upon, and expects the transaction to be immediately accretive to earnings per share for Ebix shareholders. Ebix's offer is subject to due diligence and customary regulatory and other closing conditions.  In view of this proposed offer, Ebix has postponed plans for a 3-for-1 stock split and related special shareholders meeting until further notice. Ebix reserves the right to reduce its offer if it does not receive a positive engagement response in a timely manner or if any subsequent steps are taken by the Company that could have an adverse impact on its future value. Ebix president and CEO Robin Raina, commented, "We believe that Patriot National's products and services are complementary to Ebix in the insurance industry and a combination of the two companies would lend itself to significant synergies and the creation of the global insurance industry's largest end-to-end software services company. We see substantial synergies, economies of scale and expanded growth potential for the combined business. Our interest in making an offer for Patriot National is also borne out of our firm belief that a combination of the two companies could be substantially and immediately accretive to Ebix's EPS." Ebix has retained the investment banking advisory firm Sherman & Company of New York to assist Ebix with its offer and any steps that might be required in the future. About Patriot National, Inc.

Patriot National, Inc. is a national provider of comprehensive technology and outsourcing solutions that help insurance companies and employers mitigate risk, comply with complex regulations and save time and money. Patriot National provides general agency services, technology outsourcing, software solutions, specialty underwriting and policyholder services, claims administration services, self-funded health plans and employment pre-screening services to its insurance carrier clients, employers and other clients. Patriot National is headquartered in Fort Lauderdale, Florida. For more information about Patriot National, please visit www.patnat.com About Ebix, Inc.

A leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, Ebix, Inc., (NASDAQ: EBIX) provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and risk compliance solutions to custom software development for all entities involved in the insurance industry. With 40 offices across Brazil, Singapore, Australia, the US, UK, New Zealand, India and Canada, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of insurance and technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company's website at www.ebix.com   SAFE HARBOR REGARDING FORWARD-LOOKING STATEMENTS

As used herein, the terms "Ebix," "the Company," "we," "our" and "us" refer to Ebix, Inc., a Delaware corporation, and its consolidated subsidiaries as a combined entity, except where it is clear that the terms mean only Ebix, Inc. The information contained in this Press Release contains forward-looking statements and information within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. This information includes assumptions made by, and information currently available to management, including statements regarding future economic performance and financial condition, liquidity and capital resources, acceptance of the Company's products by the market, and management's plans and objectives. In addition, certain statements included in this and our future filings with the Securities and Exchange Commission ("SEC"), in press releases, and in oral and written statements made by us or with our approval, which are not statements of historical fact, are forward-looking statements. Words such as "may," "could," "should," "would," "believe," "expect," "anticipate," "estimate," "intend," "seeks," "plan," "project," "continue," "predict," "will," "should," and other words or expressions of similar meaning are intended by the Company to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are found at various places throughout this report and in the documents incorporated herein by reference. These statements are based on our current expectations about future events or results and information that is currently available to us, involve assumptions, risks, and uncertainties, and speak only as of the date on which such statements are made. Our actual results may differ materially from those expressed or implied in these forward-looking statements. Factors that may cause such a difference, include, but are not limited to those discussed in our Annual Report on Form 10-K and subsequent reports filed with the SEC, as well as: the risk of an unfavorable outcome of the pending governmental investigations or shareholder class action lawsuits, reputational harm caused by such investigations and lawsuits, the willingness of independent insurance agencies to outsource their computer and other processing needs to third parties; pricing and other competitive pressures and the Company's ability to gain or maintain share of sales as a result of actions by competitors and others; changes in estimates in critical accounting judgments; changes in or failure to comply with laws and regulations, including accounting standards, taxation requirements (including tax rate changes, new tax laws and revised tax interpretations) in domestic or foreign jurisdictions; exchange rate fluctuations and other risks associated with investments and operations in foreign countries (particularly in Australia and India wherein we have significant operations); equity markets, including market disruptions and significant interest rate fluctuations, which may impede our access to, or increase the cost of, external financing; and international conflict, including terrorist acts. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update any such factors, or to publicly announce the results of, or changes to any of the forward-looking statements contained herein to reflect future events, developments, changed circumstances, or for any other reason. Readers should carefully review the disclosures and the risk factors described in the documents we file from time to time with the SEC, including future reports on Forms 10-Q and 8-K, and any amendments thereto. You may obtain our SEC filings at our website, www.ebix.com under the "Investor Information" section, or over the Internet at the SEC's web site, www.sec.gov.


CONTACT:

Darren Joseph

678 -281-2027

Email Contact



David Collins, Chris Eddy

Catalyst Global

212-924-9800

Email Contact





Read more...
Ebix Executes Contract to Provide Enrollment Services for Multiple State & Central Government Bodies in India

ATLANTA, GA--(Marketwired - Jun 13, 2016) - Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, today announced that it has started the implementation of multiple projects for a number of state government and central government bodies in India, to provide enrollment services towards the Unique identification project of the Government of India. These projects are being implemented by Ebix's newly formed joint venture subsidiary with Vayam Technologies Limited to address the E-governance sector in India. The projects require providing enrollment services for two state Government organizations in the states of Rajasthan & Punjab, in addition to two central Government Public sector units -- namely Punjab National Bank and CSC e-Governance Services India Limited. The project involves enrollment of citizens as per their income category into a number of unique identifiers like the Aaadhar or Bhamashah cards or both. Unique identification (UI) project, as initially conceived by the Planning Commission is an ambitious initiative of the Government of India to provide a unique identification to each citizen across the country. The UI project of the Govt. of India sets out to evolve an efficient mechanism for delivery of services like healthcare, rations and other welfare services to citizens across the country. With a population of approximately 1.3 billion people spread across the 7th largest country in the world, the UI enrollment exercise is a rather large venture of the Government of India. The Company expects the UI contracts to generate anywhere between $3 million to $5 million a year, over the next few years. Ebix Chairman, President and CEO Robin Raina said, "Our E-governance initiatives in India are targeted at providing end-to-end services in multiple sectors of the Digital India initiative of the Government of India. Towards that, we are keen to get involved in all facets of system integration as a turnkey vendor. We are trying to pursue large recurring opportunities that can allow us to be a participant in the basic digital infrastructure of the country. This announcement regarding the UI project is a step in that direction." About Ebix, Inc.

A leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, Ebix, Inc., (NASDAQ: EBIX) provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and risk compliance solutions to custom software development for all entities involved in the insurance industry. With 40 offices across Brazil, Singapore, Australia, the US, UK, New Zealand, India and Canada, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of insurance and technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company's website at www.ebix.com SAFE HARBOR REGARDING FORWARD-LOOKING STATEMENTS As used herein, the terms "Ebix," "the Company," "we," "our" and "us" refer to Ebix, Inc., a Delaware corporation, and its consolidated subsidiaries as a combined entity, except where it is clear that the terms mean only Ebix, Inc. The information contained in this Press Release contains forward-looking statements and information within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. This information includes assumptions made by, and information currently available to management, including statements regarding future economic performance and financial condition, liquidity and capital resources, acceptance of the Company's products by the market, and management's plans and objectives. In addition, certain statements included in this and our future filings with the Securities and Exchange Commission ("SEC"), in press releases, and in oral and written statements made by us or with our approval, which are not statements of historical fact, are forward-looking statements. Words such as "may," "could," "should," "would," "believe," "expect," "anticipate," "estimate," "intend," "seeks," "plan," "project," "continue," "predict," "will," "should," and other words or expressions of similar meaning are intended by the Company to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are found at various places throughout this report and in the documents incorporated herein by reference. These statements are based on our current expectations about future events or results and information that is currently available to us, involve assumptions, risks, and uncertainties, and speak only as of the date on which such statements are made. Our actual results may differ materially from those expressed or implied in these forward-looking statements. Factors that may cause such a difference, include, but are not limited to those discussed in our Annual Report on Form 10-K and subsequent reports filed with the SEC, as well as: the risk of an unfavorable outcome of the pending governmental investigations or shareholder class action lawsuits, reputational harm caused by such investigations and lawsuits, the willingness of independent insurance agencies to outsource their computer and other processing needs to third parties; pricing and other competitive pressures and the Company's ability to gain or maintain share of sales as a result of actions by competitors and others; changes in estimates in critical accounting judgments; changes in or failure to comply with laws and regulations, including accounting standards, taxation requirements (including tax rate changes, new tax laws and revised tax interpretations) in domestic or foreign jurisdictions; exchange rate fluctuations and other risks associated with investments and operations in foreign countries (particularly in Australia and India wherein we have significant operations); equity markets, including market disruptions and significant interest rate fluctuations, which may impede our access to, or increase the cost of, external financing; and international conflict, including terrorist acts. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update any such factors, or to publicly announce the results of, or changes to any of the forward-looking statements contained herein to reflect future events, developments, changed circumstances, or for any other reason. Readers should carefully review the disclosures and the risk factors described in the documents we file from time to time with the SEC, including future reports on Forms 10-Q and 8-K, and any amendments thereto. You may obtain our SEC filings at our website, www.ebix.com under the "Investor Information" section, or over the Internet at the SEC's web site, www.sec.gov.


CONTACT:

Darren Joseph

678 -281-2027

Email Contact



David Collins or Chris Eddy

Catalyst Global

212-924-9800

Email Contact





Read more...
Ebix's A.D.A.M. Division Wins Communicator Award for Excellence

JOHNS CREEK, GA--(Marketwired - Jun 6, 2016) - Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial and healthcare industries announced today that its A.D.A.M. Division's creative work has won the Communicator Award in 2016 for its E-learning tool built for Allergan, one of the leaders in the pharmaceutical industry. Founded two decades ago, The Communicator Awards by the International Academy of the Visual Arts receive over 6,000 entries from companies and agencies of all sizes, making it one of the largest awards of its kind in the world. The Company announced that the Academy of Interactive and Visual Arts has awarded Allergan's Facial Anatomy E-Learning Tool with a Communicator Award. Ebix's A.D.A.M. Division in partnership with Allergan built the Facial Anatomy e-learning training tool for doctors. The tool helps physicians better understand facial muscles, bone structure and insertion techniques.  The Communicator Awards are judged and overseen by the Academy of Interactive and Visual Arts (AIVA), a 600 member organization of leading professionals from various disciplines of the visual arts dedicated to embracing progress and the evolving nature of traditional and interactive media. Current IAVA membership represents a "Who's Who" of acclaimed media, advertising, and marketing firms including: AirType Studio, Condè Nast, Disney, Keller Crescent, Lockheed Martin, Monster.com, MTV, rabble rouser, Time Inc., Tribal DDB, Yahoo!, and many others. Linda Day, executive director of the Academy of Interactive and Visual Arts, said, "The work entered in the 22nd Annual Communicator Awards serves as a benchmark in gauging the innovative ideas and capabilities of communications and marketing professionals around the world. On behalf of the entire Academy, we want to congratulate Ebix for their passion and dedication. We are honored to be given the opportunity to recognize such outstanding work." Michael Scunziano, senior vice president for Ebix's A.D.A.M. Division, said, "We are honored and delighted to be recognized once again by the Academy this year. Accolades like this recognize our commitment to excellence as also our willingness to push the creative boundaries for our clients, while delivering the desired communication in the most catchy and efficient manner." ADAM has been recognized several times over the last few years, by the Academy for creative excellence in communications.  About Allergan

Allergan plc (NYSE: AGN), headquartered in Dublin, Ireland, is a unique, global pharmaceutical company and a leader in a new industry model -- Growth Pharma. Allergan is focused on developing, manufacturing and commercializing innovative branded pharmaceuticals, high-quality generic and over-the-counter medicines and biologic products for patients around the world. Allergan markets a portfolio of best-in-class products that provide valuable treatments for the central nervous system, eye care, medical aesthetics, gastroenterology, women's health, urology, cardiovascular and anti-infective therapeutic categories, and operates the world's third-largest global generics business, providing patients around the globe with increased access to affordable, high-quality medicines. Allergan is an industry leader in research and development, with one of the broadest development pipelines in the pharmaceutical industry and a leading position in the submission of generic product applications globally. With commercial operations in approximately 100 countries, Allergan is committed to working with physicians, healthcare providers and patients to deliver innovative and meaningful treatments that help people around the world live longer, healthier lives. For more information, visit Allergan's website at www.allergan.com About Ebix and A.D.A.M.

A.D.A.M. is a business unit of Ebix focused on providing innovative multimedia health content trusted by best-in-class websites, consumer health portals, healthcare, biomedical, medical device, pharmaceutical, and academic organizations. For more information, visit the business unit's website at www.adam.com A leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, Ebix, Inc., (NASDAQ: EBIX) provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and risk compliance solutions to custom software development for all entities involved in the insurance industry. With 40 offices across Australia, Brazil, Canada, India, New Zealand, Singapore, the US and the UK, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of insurance and technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company's website at www.ebix.com.


Contact:


Denise Brady or Melanie Gauthier

678-281-2020--Ext. 2845

Email Contact

514-277-9000--Ext. 211

Email Contact


David Collins or Chris Eddy

Catalyst Global

212-924-9800

Email Contact





Read more...
Ebix Announces 3 for 1 Stock Split

JOHNS CREEK, GA--(Marketwired - May 23, 2016) - Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, announced today that its Board of Directors has approved a three-for-one split of the Company's common stock, pending shareholder approval of an increase in the Company's authorized shares. The stock split is intended to enhance the long-term trading liquidity of Ebix's common stock, particularly given the company's active and ongoing accretive share repurchase program. The stock split would represent the third 3-for-1 stock split that Ebix has authorized and executed over the past decade. The previous stock splits took place on October 9, 2008 and on January 4, 2010. Robin Raina, Ebix Chairman of the Board, President & CEO, said, "The stock split is intended to further improve the trading liquidity and accessibility of Ebix common shares, making them more accessible both to institutions and individual shareholders." The Company anticipates a record date of approximately July 15, 2016. Provided the shareholders approve the increase in the Company's authorized shares, each shareholder of record at the close of business on such date will receive two additional shares for every outstanding share held on the record date, and trading is likely to begin on a split-adjusted basis on or about August 1, 2016. With 32.6 million shares outstanding as of May 19, 2016 after counting the full quarter effect of all share repurchases till date, the Company has decided to seek an increase in the Company's authorized common shares from 60 million to 200 million, in order to effect the stock split and to provide flexibility for any future M&A activity. A proxy statement for the special meeting will be sent to shareholders in late June. The Company anticipates holding this meeting during the last week of July, for shareholders of record on June 27, 2016. The increase in authorized shares must be approved by shareholders at this Special Meeting for the stock split to be effective. About Ebix

A leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, Ebix, Inc. provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and risk compliance solutions to custom software development for all entities involved in the insurance industry. With 40 offices across Australia, Brazil, Canada, India, New Zealand, Singapore, the US and the UK, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of insurance and technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company's website at www.ebix.com


Contact:



Darren Joseph

678 -281-2027

Email Contact



David Collins or Chris Eddy

Catalyst Global

212-924-9800

Email Contact





Read more...
Ebix Enters the Nursing Education Business With Its Oakstone Continuing Medical Education Service Earning Accreditation From American Nurses Credentialing Center (ANCC)

JOHNS CREEK, GA--(Marketwired - May 20, 2016) -  Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial and healthcare industries announced today that its Oakstone Continuing Medical education service has been accredited as a provider of continuing nursing education by the American Nurses Credentialing Center's Commission of Accreditation (ANCC). The Oakstone Continuing Medical education service forms an integral part of Ebix's A.D.A.M. business unit. With this accreditation, Oakstone can now offer continuing education materials, including recorded conferences, journal reviews and learning systems to help train nursing healthcare professionals. This accreditation distinguishes organizations that demonstrate quality and excellence in the curriculum design and delivery of continuing nursing education (CNE). ADAM's Oakstone service met ANCC's comprehensive, evidenced-based criteria required to ensure that CNE activities for nurses are effectively planned, implemented and evaluated. Ebix Chairman, President and CEO Robin Raina said, "We are very proud to be recognized by ANCC for our commitment to continuous improvement and the highest quality continuing education for nurses. Nursing professionals now can gain access to the highest caliber of education to meet certification or licensure requirements, which in turn contributes to improved healthcare outcomes. ANCC accreditation gives nurses assurance that by choosing Ebix products, they will receive the best CNE available." Robin added, "This will open up a completely new revenue line for our A.D.A.M. Division while helping us to better utilize continuing medical education assets that we were providing to Doctors till now. The number of nurses in the country outnumbers Doctors by a large proportion. We are pleased to now have this accreditation, that opens up this large opportunity for us." About ANCC Accreditation

ANCC Accreditation is a voluntary, peer review process intended to strengthen and sustain the quality and integrity of continuing nursing education, making it worthy of public confidence. Accrediting organizations, like ANCC, assess providers of continuing nursing education to ensure they meet rigorous global standards established by ANCC. The American Nurses Credentialing Center (ANCC), is a subsidiary of the American Nurses Association (ANA). About Oakstone

Oakstone, the continuing medical education service is an integral part of Ebix's A.D.A.M. business unit. It is a leading provider of unbiased, multimedia continuing education. Oakstone serves the medical and dental communities with a vast array of continuing education materials, including recorded conferences, journal reviews and learning systems designed to help practicing medical professionals stay on top of their professions, improve patient care and prepare for certification/recertification exams. For more information, visit www.Oakstone.com About A.D.A.M.

A.D.A.M. is a business unit of Ebix focused on providing innovative multimedia health content trusted by best-in-class websites, consumer health portals, healthcare, biomedical, medical device, pharmaceutical and academic organizations. For more information, visit the business unit's website at www.ADAM.com About Ebix

A leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, Ebix, Inc. provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and risk compliance solutions to custom software development for all entities involved in the insurance industry. With 40 offices across Australia, Brazil, Canada, India, New Zealand, Singapore, the US and the UK, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of insurance and technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company's website at www.ebix.com


CONTACT:


Connie Fleming or Amy Skiff

770-624-2626

Email Contact


David Collins or Chris Eddy

Catalyst Global

212-924-9800

Email Contact





Read more...
EBIX Wins Two XCelent Awards From Celent for Advanced Technology and Breadth of Functionality

JOHNS CREEK, GA--(Marketwired - May 12, 2016) - Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, today announced that Celent, a leading research and consulting firm, has declared Ebix as the winner of two XCelent awards in the "Advanced Technology" and "Breadth of Functionality" categories. Celent announced the awards in their recently published 2016 New Business and Underwriting ABCD report. The Ebix TPP (The Policy Processor) exchange product won awards for its advanced Technology and for the breadth of its functionality. With many competitors vying for this award, the criteria for these Celent awards is based on a wide spectrum of criteria, measurements and touchpoints, including customer feedback. A review and ranking of the new business and underwriting vendor systems actively being used by life insurers in North America is presented in this report. Celent is a leading analyst firm that focuses on the utilization of information technology in the global insurance and financial services industry. Celent seeks to recognize marketplace solutions that have a clear and sustainable impact on the insurance Industry. In the report titled North American LHA New Business and Underwriting Systems: 2016 ABCD Vendor View, Celent profiled 14 providers of new business and underwriting systems. The XCelent Award winners were chosen by Celent based on a detailed RFI that was sent to 14 vendors selling life/annuity/pension/health new business and underwriting systems. Each vendor included in Celent's ABCD evaluation, provided a briefing and demo for Celent. The demo concentrated on usability and functionality for agents, underwriters and case managers; product and underwriting rules configuration; reporting and analytics; and other features. Celent also contacted at least three references to obtain feedback of the system's business and technology value. The RFIs, the demos/briefings, and the reference surveys provided quantitative and qualitative data that was used in the ABCD analysis of these vendors.  Colleen Risk, Senior Analyst with Celent's Insurance Group and co-author of the report said, "Celent is very pleased to present this award to Ebix. The Ebix TPP solution manifested best practices in the areas of technology and functionality. TPP is a modern new business and underwriting system that offers configurable rules, evaluation of third party data, analytics and sophisticated case tracking."  Ebix Chairman, President and CEO Robin Raina said, "We are gratified and honored to be the recipient of this award. It underscores our commitment to lead through innovation. TPP is the foundation of our broader Straight Through Processing (STP) platform and it enables us to automate end-to-end insurance transactions. We have had phenomenal success in North America with our TPP solution, and we intend to leverage this success in other markets also now." "We are delighted to receive this award. It points to our leadership in the market and reflects the stellar team standing behind the product, our years of investment in the platform, and the exceptional relationships we have with large North American clients," Ash Sawhney, Senior Vice-President of the Ebix Exchange Business unit said. "The depth and breadth of the TPP platform is extraordinary. It supports everything from Electronic Applications through to the Policy Issuance process. Ebix continues to be an industry leader in innovative automation solutions that address both the mid-market simplified issue process and the traditional fully underwritten process." About Ebix TPP Ebix's The Policy Processor (TPP) is a leading automated underwriting exchange solution for a broad variety of insurance entities. This underwriting and policy processing solution focuses on Life and Annuities but can accommodate all life insurance products across all distribution channels. The system tightly integrates with both the carriers' internal and third party systems. Application data can be received electronically or via paper and may be entered by producers, consumers, or employees through web based forms. Once data has been entered, the TPP system automatically requests and tracks all underwriting requirements and scores all underwriting conditions for presentation to the home office underwriter. TPP also offers the option of exposing the underwriting rules to point of sales e-App solutions, such as the Ebix product LifeSpeed, for point of sale underwriting verification. About Ebix, Inc. A leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, Ebix, Inc. (NASDAQ: EBIX) provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and risk compliance solutions to custom software development for all entities involved in the insurance industry. With 40 offices across Brazil, Singapore, Australia, the US, UK, New Zealand, India and Canada, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of insurance and technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company's website at www.ebix.com


CONTACT:



Ash Sawhney

781-389-7445

Email Contact



David Collins or Chris Eddy

Catalyst Global

212-924-9800

Email Contact





Read more...
Guru Stocks With Steady Returns: NetEase, Monster Beverage Stocks with high profitability and strong returns
According to GuruFocus' All-in-One Screener, the following stocks have had strong performance over the last 10 years with high and steady returns as well as profitability. EPS has also grown steadily with the company’s revenue. Most of these companies have a great cash-to-debt ratio. Read more...
Insurance Software as a Service (SaaS) and e-Commerce Provider Ebix Hosts Q1 Investor Call, Monday May 9th at 11:00 a.m. EDT

Insurance Software as a Service (SaaS) and e-Commerce Provider Ebix Hosts Q1 Investor Call, Monday May 9th at 11:00 a.m. EDT

JOHNS CREEK, GA--(Marketwired - Apr 28, 2016) - Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial and healthcare industries, will report first quarter 2016 results pre-market on Monday, May 9, 2016 and will host an investor conference call at 11:00 a.m. EDT the same day. The call is open to the public.


 
 
 


Conference Call Details:
 
 


Call Date/Time:
 
Monday, May 9, 2016 at 11:00 a.m. EDT


Call Dial-In:
 
1-877-837-3909 or 1-973-409-9690; Call ID # 2124802


Live Audio Webcast:
 
www.ebix.com/webcast 


Audio Replay URL:
 
www.ebix.com/result_16_q1 after 2:00 p.m. EDT on May 9th


 
 
 



About Ebix, Inc.

A leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, Ebix, Inc., (NASDAQ: EBIX) provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and risk compliance solutions to custom software development for all entities involved in the insurance industry. With 40 offices across Brazil, Singapore, Australia, the US, UK, New Zealand, India and Canada, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of insurance and technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company's website at www.ebix.com


CONTACT:

Darren Joseph

Ebix, Inc.

678-281-2020

Email Contact


David Collins or Chris Eddy

Catalyst Global

212-924-9800

Email Contact





Read more...

Ratios

vs
industry
vs
history
PE Ratio 21.27
EBIX's PE Ratio is ranked higher than
59% of the 1245 Companies
in the Global Software - Application industry.

( Industry Median: 25.80 vs. EBIX: 21.27 )
Ranked among companies with meaningful PE Ratio only.
EBIX' s PE Ratio Range Over the Past 10 Years
Min: 5.32  Med: 13.68 Max: 23.57
Current: 21.27
5.32
23.57
PE Ratio without NRI 21.27
EBIX's PE Ratio without NRI is ranked higher than
60% of the 1229 Companies
in the Global Software - Application industry.

( Industry Median: 26.21 vs. EBIX: 21.27 )
Ranked among companies with meaningful PE Ratio without NRI only.
EBIX' s PE Ratio without NRI Range Over the Past 10 Years
Min: 5.32  Med: 13.71 Max: 23.57
Current: 21.27
5.32
23.57
Price-to-Owner-Earnings 27.54
EBIX's Price-to-Owner-Earnings is ranked lower than
59% of the 724 Companies
in the Global Software - Application industry.

( Industry Median: 22.94 vs. EBIX: 27.54 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
EBIX' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 4.23  Med: 15.76 Max: 39.41
Current: 27.54
4.23
39.41
PB Ratio 4.60
EBIX's PB Ratio is ranked lower than
65% of the 1789 Companies
in the Global Software - Application industry.

( Industry Median: 2.97 vs. EBIX: 4.60 )
Ranked among companies with meaningful PB Ratio only.
EBIX' s PB Ratio Range Over the Past 10 Years
Min: 0.89  Med: 2.8 Max: 5.71
Current: 4.6
0.89
5.71
PS Ratio 6.74
EBIX's PS Ratio is ranked lower than
80% of the 1780 Companies
in the Global Software - Application industry.

( Industry Median: 2.34 vs. EBIX: 6.74 )
Ranked among companies with meaningful PS Ratio only.
EBIX' s PS Ratio Range Over the Past 10 Years
Min: 1.71  Med: 4.7 Max: 9.45
Current: 6.74
1.71
9.45
Price-to-Free-Cash-Flow 27.24
EBIX's Price-to-Free-Cash-Flow is ranked lower than
56% of the 677 Companies
in the Global Software - Application industry.

( Industry Median: 24.32 vs. EBIX: 27.24 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
EBIX' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 5.22  Med: 17.1 Max: 78.74
Current: 27.24
5.22
78.74
Price-to-Operating-Cash-Flow 23.98
EBIX's Price-to-Operating-Cash-Flow is ranked lower than
65% of the 856 Companies
in the Global Software - Application industry.

( Industry Median: 17.68 vs. EBIX: 23.98 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
EBIX' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 5.78  Med: 15.73 Max: 35.48
Current: 23.98
5.78
35.48
EV-to-EBIT 20.58
EBIX's EV-to-EBIT is ranked lower than
56% of the 1770 Companies
in the Global Software - Application industry.

( Industry Median: 17.68 vs. EBIX: 20.58 )
Ranked among companies with meaningful EV-to-EBIT only.
EBIX' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.1  Med: 13.1 Max: 23.2
Current: 20.58
5.1
23.2
EV-to-EBITDA 18.47
EBIX's EV-to-EBITDA is ranked lower than
62% of the 1910 Companies
in the Global Software - Application industry.

( Industry Median: 13.76 vs. EBIX: 18.47 )
Ranked among companies with meaningful EV-to-EBITDA only.
EBIX' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.5  Med: 11.4 Max: 21.3
Current: 18.47
4.5
21.3
PEG Ratio 1.88
EBIX's PEG Ratio is ranked higher than
52% of the 567 Companies
in the Global Software - Application industry.

( Industry Median: 1.98 vs. EBIX: 1.88 )
Ranked among companies with meaningful PEG Ratio only.
EBIX' s PEG Ratio Range Over the Past 10 Years
Min: 0.13  Med: 0.33 Max: 2.58
Current: 1.88
0.13
2.58
Shiller PE Ratio 36.84
EBIX's Shiller PE Ratio is ranked higher than
53% of the 291 Companies
in the Global Software - Application industry.

( Industry Median: 38.24 vs. EBIX: 36.84 )
Ranked among companies with meaningful Shiller PE Ratio only.
EBIX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.29  Med: 29.1 Max: 438.4
Current: 36.84
10.29
438.4
Current Ratio 2.34
EBIX's Current Ratio is ranked higher than
60% of the 1750 Companies
in the Global Software - Application industry.

( Industry Median: 1.94 vs. EBIX: 2.34 )
Ranked among companies with meaningful Current Ratio only.
EBIX' s Current Ratio Range Over the Past 10 Years
Min: 0.47  Med: 1.24 Max: 2.34
Current: 2.34
0.47
2.34
Quick Ratio 2.34
EBIX's Quick Ratio is ranked higher than
63% of the 1750 Companies
in the Global Software - Application industry.

( Industry Median: 1.79 vs. EBIX: 2.34 )
Ranked among companies with meaningful Quick Ratio only.
EBIX' s Quick Ratio Range Over the Past 10 Years
Min: 0.44  Med: 1.14 Max: 2.34
Current: 2.34
0.44
2.34
Days Sales Outstanding 76.74
EBIX's Days Sales Outstanding is ranked lower than
57% of the 1492 Companies
in the Global Software - Application industry.

( Industry Median: 68.98 vs. EBIX: 76.74 )
Ranked among companies with meaningful Days Sales Outstanding only.
EBIX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.85  Med: 69.83 Max: 85.42
Current: 76.74
64.85
85.42
Days Payable 71.20
EBIX's Days Payable is ranked higher than
67% of the 1330 Companies
in the Global Software - Application industry.

( Industry Median: 43.37 vs. EBIX: 71.20 )
Ranked among companies with meaningful Days Payable only.
EBIX' s Days Payable Range Over the Past 10 Years
Min: 29.23  Med: 45.71 Max: 91.5
Current: 71.2
29.23
91.5

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 0.49
EBIX's Dividend Yield % is ranked lower than
89% of the 1282 Companies
in the Global Software - Application industry.

( Industry Median: 1.60 vs. EBIX: 0.49 )
Ranked among companies with meaningful Dividend Yield % only.
EBIX' s Dividend Yield % Range Over the Past 10 Years
Min: 0.15  Med: 0.87 Max: 1.89
Current: 0.49
0.15
1.89
Dividend Payout Ratio 0.10
EBIX's Dividend Payout Ratio is ranked higher than
97% of the 777 Companies
in the Global Software - Application industry.

( Industry Median: 0.36 vs. EBIX: 0.10 )
Ranked among companies with meaningful Dividend Payout Ratio only.
EBIX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02  Med: 0.11 Max: 0.18
Current: 0.1
0.02
0.18
3-Year Dividend Growth Rate 58.70
EBIX's 3-Year Dividend Growth Rate is ranked higher than
95% of the 558 Companies
in the Global Software - Application industry.

( Industry Median: 10.10 vs. EBIX: 58.70 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
EBIX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0 Max: 95.7
Current: 58.7
0
95.7
Forward Dividend Yield % 0.50
EBIX's Forward Dividend Yield % is ranked lower than
90% of the 1236 Companies
in the Global Software - Application industry.

( Industry Median: 1.71 vs. EBIX: 0.50 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 3.07
EBIX's 5-Year Yield-on-Cost % is ranked higher than
62% of the 1572 Companies
in the Global Software - Application industry.

( Industry Median: 0.90 vs. EBIX: 3.07 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
EBIX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.94  Med: 5.44 Max: 11.82
Current: 3.07
0.94
11.82
3-Year Average Share Buyback Ratio 5.50
EBIX's 3-Year Average Share Buyback Ratio is ranked higher than
98% of the 1148 Companies
in the Global Software - Application industry.

( Industry Median: -2.60 vs. EBIX: 5.50 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
EBIX' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -76.1  Med: -10.3 Max: 5.5
Current: 5.5
-76.1
5.5

Valuation & Return

vs
industry
vs
history
Price-to-Intrinsic-Value-Projected-FCF 1.69
EBIX's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
60% of the 771 Companies
in the Global Software - Application industry.

( Industry Median: 1.97 vs. EBIX: 1.69 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
EBIX' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.53  Med: 1.84 Max: 51.87
Current: 1.69
0.53
51.87
Price-to-Intrinsic-Value-DCF (Earnings Based) 0.75
EBIX's Price-to-Intrinsic-Value-DCF (Earnings Based) is ranked higher than
89% of the 124 Companies
in the Global Software - Application industry.

( Industry Median: 1.45 vs. EBIX: 0.75 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-DCF (Earnings Based) only.
N/A
Price-to-Median-PS-Value 1.44
EBIX's Price-to-Median-PS-Value is ranked lower than
69% of the 1498 Companies
in the Global Software - Application industry.

( Industry Median: 1.15 vs. EBIX: 1.44 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
EBIX' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.04  Med: 0.49 Max: 1.79
Current: 1.44
0.04
1.79
Price-to-Peter-Lynch-Fair-Value 2.02
EBIX's Price-to-Peter-Lynch-Fair-Value is ranked lower than
59% of the 339 Companies
in the Global Software - Application industry.

( Industry Median: 1.60 vs. EBIX: 2.02 )
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
EBIX' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.36  Med: 0.62 Max: 2.02
Current: 2.02
0.36
2.02
Earnings Yield (Greenblatt) % 4.87
EBIX's Earnings Yield (Greenblatt) % is ranked higher than
61% of the 2521 Companies
in the Global Software - Application industry.

( Industry Median: 3.23 vs. EBIX: 4.87 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
EBIX' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 4.3  Med: 7.7 Max: 19.7
Current: 4.87
4.3
19.7
Forward Rate of Return (Yacktman) % 13.02
EBIX's Forward Rate of Return (Yacktman) % is ranked higher than
57% of the 773 Companies
in the Global Software - Application industry.

( Industry Median: 10.33 vs. EBIX: 13.02 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
EBIX' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 3.1  Med: 48 Max: 62.2
Current: 13.02
3.1
62.2

More Statistics

Revenue (TTM) (Mil) $298.3
EPS (TTM) $ 2.87
Beta1.16
Short Percentage of Float16.94%
52-Week Range $44.27 - 65.10
Shares Outstanding (Mil)31.50
» More Articles for NAS:EBIX

Headlines

Articles On GuruFocus.com
Ebix Wins Project to Set Up Smart Class Rooms in Udaipur Jun 28 2016 
Ebix Increases Credit Facility to $400 Million With the Ability to Upsize to $500 Million via an Acc Jun 20 2016 
Ebix Offers to Acquire Insurance Technology Solutions Provider, Patriot National, Inc., for $9.50 pe Jun 15 2016 
Ebix Executes Contract to Provide Enrollment Services for Multiple State & Central Government Bodies Jun 13 2016 
Ebix's A.D.A.M. Division Wins Communicator Award for Excellence Jun 06 2016 
EBIX – A Long Term Winner May 27 2016 
Ebix Announces 3 for 1 Stock Split May 23 2016 
Ebix Enters the Nursing Education Business With Its Oakstone Continuing Medical Education Service Ea May 20 2016 
EBIX Wins Two XCelent Awards From Celent for Advanced Technology and Breadth of Functionality May 12 2016 
Guru Stocks With Steady Returns: NetEase, Monster Beverage May 04 2016 

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