MoneyGram International Inc (MGI) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

MoneyGram International Inc (MGI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. MoneyGram International Inc is a money transfer and payment services company. Its products include money transfers, bill payment services, money order services and official check processing. MoneyGram International Inc has a market cap of $133.094 million; its shares were traded at around $2.39 with and P/S ratio of 0.11.


For the last quarter MoneyGram International Inc reported a revenue of $345.8 million, compared with the revenue of $408.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.4 billion, a decrease of 9.6% from the previous year. For the last five years MoneyGram International Inc had an average revenue growth rate of 0.9% a year.

The reported loss per diluted share was 37 cents for the year, an increase of -21.3% from previous year. The MoneyGram International Inc had an operating margin of 1.28%, compared with the operating margin of 0.54% a year before. The 10-year historical median operating margin of MoneyGram International Inc is 5.17%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, MoneyGram International Inc has the cash and cash equivalents of $145.5 million, compared with $190.0 million in the previous year. The long term debt was $901.0 million, compared with $908.1 million in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. MoneyGram International Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $2.39, MoneyGram International Inc is traded at 71.6% discount to its historical median P/S valuation band of $8.41. The P/S ratio of the stock is 0.11, while the historical median P/S ratio is 0.38. The stock lost 77.52% during the past 12 months.

For the complete 20-year historical financial data of MGI, click here.

This article first appeared on GuruFocus.


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