Euronet Worldwide reported record financial results for the full year 2024, with consolidated revenue reaching $4 billion and adjusted operating income growing 16% over 2023 to $500 million. Adjusted diluted earnings per share (EPS) increased 15% year-over-year to $8.61, exceeding the high end of the company's initial guidance range of 10-15%.
For the fourth quarter of 2024, Euronet delivered adjusted EPS of $2.08, a 10% increase year-over-year, alongside double-digit growth in operating income and adjusted EBITDA. This performance was driven by strong contributions across all three segments: EFT Processing, epay, and Money Transfer.
The company anticipates its 2025 adjusted EPS will grow between 12% and 16% year-over-year, reflecting continued momentum. EFT Processing saw double-digit growth across all metrics, with installed ATMs increasing 5%. Money Transfer reported 33% growth in direct-to-consumer digital transactions for Q4, while epay benefited from continued expansion of digital branded payment and mobile sales.
Unrestricted cash and cash equivalents on hand were $1,278.8 million as of December 31, 2024. The company repurchased $50 million in shares during the fourth quarter, and its revolving credit facility was increased and extended to $1.90 billion in December 2024.
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