Investor Presentation
($ in millions)
Revenues
Operating costs and expenses
Depreciation and amortization
Non-operating income (expenses)
EBITDA
Compensation and benefits (2)
Transaction, refinancing and other
fees(3)
Adjusted EBITDA
Non-GAAP Reconciliation
Segment Revenues and Adjusted EBITDA
Payment
Services -
Puerto Rico &
Caribbean
$
159.1
85.5
16.6
0.9
91.1
1.8
92.9
Payment
Services -
Latin America
$
Twelve months ended March 31, 2022
$
Merchant
Acquiring, net
109.7 $
89.9
11.3
10.7
41.8
3.1
42.5
$
148.7
79.5
3.9
1.2
74.3
1.1
21
75.4
Business
Solutions
$
$
Corporate and
Other (1)
$ (62.9)
(4.7)
24.9
(6.8)
(40.2)
7.6
4.2
245.8
152.7
18.9
3.2
115.2
1.7
(0.6)
116.5 $
(28.4)
$
Total
600.5
402.9
75.6
9.2
282.3
15.9
3.1
$ 301.3
Notes: (1) Corporate and Other consists of corporate overhead, certain leveraged activities, other non-operating expenses and intersegment eliminations. Intersegment revenue eliminations
predominantly reflect the $43.6 million processing fee from Payments Services - Puerto Rico & Caribbean to Merchant Acquiring, intercompany software developments and transaction processing of
$10.2 million from Payment Services - Latin America to both Payment Services - Puerto Rico & Caribbean and Business Solutions, and transaction processing and monitoring fees of $9.0 million from
Payment Services - Puerto Rico & Caribbean to Payment Services - Latin America.
(2) Primarily represents share-based compensation, other compensation expense and severance payments.
(3) Primarily represents fees and expenses associated with corporate transactions as defined in the 2018 Credit Agreement, an impairment charge and the elimination of non-cash equity earnings
from our 19.99% equity investment in Consorcio de Tarjetas Dominicanas S.A., net of cash dividends.
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