DOCSLIB.ORG

Me/6648/16 Completed Acquisition of the Entire Issued Share Capital of Directcash Payments Inc. by Cardtronics Plc Notification

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Me/6648/16 Completed Acquisition of the Entire Issued Share Capital of Directcash Payments Inc. by Cardtronics Plc Notification ME/6648/16 COMPLETED ACQUISITION OF THE ENTIRE ISSUED SHARE CAPITAL OF DIRECTCASH PAYMENTS INC. BY CARDTRONICS PLC NOTIFICATION TO THE COMPETITION AND MARKETS AUTHORITY dated 9 February 2017 S TABLE OF CONTENTS NOTES Pages EXECUTIVE SUMMARY...................................................................................................................9 GENERAL INFORMATION ............................................................................................................27 THE MERGER SITUATION............................................................................................................27 JURISDICTION..................................................................................................................................30 SUPPORTING DOCUMENTS..........................................................................................................31 COUNTERFACTUAL .......................................................................................................................33 MARKET DEFINITION ...................................................................................................................34 HORIZONTAL EFFECTS ................................................................................................................56 INCREASE IN THE MERGER PARTIES' BUYER POWER......................................................88 LOSS OF POTENTIAL COMPETITION .......................................................................................89 COORDINATION ..............................................................................................................................89 VERTICAL EFFECTS.......................................................................................................................89 CONGLOMERATE EFFECTS ........................................................................................................90 ENTRY OR EXPANSION .................................................................................................................90 COUNTERVAILING BUYER POWER ..........................................................................................90 EFFICIENCIES AND CUSTOMER BENEFITS............................................................................91 OTHER INFORMATION..................................................................................................................91 8603816-v9\LONDMS 2 S FIGURES FIGURE 1: MARKET SHARES BY ATM CASH WITHDRAWALS .........................................11 FIGURE 2: SHARES OF SUPPLY BY NUMBER OF FTU ATMS DEPLOYED ......................19 FIGURE 3: MARKET SHARES BY ATM CASH WITHDRAWALS .........................................20 FIGURE 4: SHARES OF SUPPLY BY NUMBER OF FTU ATMS DEPLOYED ......................21 FIGURE 3A: DCP LINES OF BUSINESS.......................................................................................29 FIGURE 12A: METHODS OF MAKING SPONTANEOUS PAYMENTS (BY NUMBER OF TRANSACTIONS)..............................................................................................................................35 FIGURE 12B: NUMBER OF CONSUMER CASH WITHDRAWALS VIA DIFFERENT METHODS IN 2015............................................................................................................................35 FIGURE 12C: VOLUME OF CASH WITHDRAWALS - ON-US VS NOT-ON-US (LINK) TRANSACTIONS...............................................................................................................................36 FIGURE 12D: ILLUSTRATIVE PROCESS FOR THE WITHDRAWAL OF CASH FROM AN ATM...............................................................................................................................................37 FIGURE 12E: DESTINATIONS OF ATMS....................................................................................38 FIGURE 12F: USE OF CASH (AS A PERCENTAGE OF TOTAL VOLUME OF PAYMENTS).......................................................................................................................................41 FIGURE 12G: NUMBER OF MACHINES SPLIT BY CHARGING METHOD AND LOCATION.........................................................................................................................................42 FIGURE 15A: MARKET SHARES BY ATM CASH WITHDRAWALS ....................................63 FIGURE 15B: CARDTRONICS' VIEW OF COMPETITIVE LANDSCAPE (NUMBER OF ATMS)..................................................................................................................................................66 FIGURE 15C: SHARES OF SUPPLY BY NUMBER OF FTU ATMS DEPLOYED .................67 8603816-v9\LONDMS 3 S TABLES TABLE 1: POTENTIAL SEGMENTATION OF THE ATM DEPLOYMENT MARKET........13 TABLE 2: MARKET SHARES BY ATM CASH WITHDRAWALS ...........................................16 TABLE 3: COMPARISON OF SHARES OF SUPPLY..................................................................17 TABLE 4: SUMMARY - SHARES OF SUPPLY BY NUMBER OF ATMS DEPLOYED.........18 TABLE 5: SUMMARY OF THE PARTIES' COMPETITIVE POSITIONING .........................21 TABLE 6: OCCASIONS THAT OTHER ATM DEPLOYERS BID WHEN CARDTRONICS BIDS .....................................................................................................................................................22 TABLE 12A: LINK INTERCHANGE FEES...................................................................................37 TABLE 12B: TYPES OF SERVICE MODEL.................................................................................39 TABLE 12C: POTENTIAL SEGMENTATION OF THE ATM DEPLOYMENT MARKET...43 TABLE 12D: CHANGES IN WITHDRAWAL VOLUMES ..........................................................46 TABLE 12E: PAYMENTS UK CATEGORISATION OF LINK DESTINATION TYPES .......50 TABLE 12F: PRESENCE OF COMPETITORS IN POSSIBLE SEGMENTS OF THE ATM DEPLOYMENT MARKET ...............................................................................................................53 TABLE 12G: CARDTRONICS' AVERAGE GROSS PROFIT MARGINS BY REGION ........82 TABLE 12H: DCP'S AVERAGE GROSS PROFIT MARGINS BY REGION............................83 TABLE 14A: CARDTRONICS CONTRACTS WON THROUGH TENDERS...........................58 TABLE 14B: DCP CONTRACTS WON THROUGH TENDERS ................................................58 TABLE 14C: TYPICAL KEY CONTRACT TERMS ....................................................................60 TABLE 15A: COMPARISON OF SHARES OF SUPPLY.............................................................62 TABLE 15B: MARKET SHARES OF THE UK ATM DEPLOYMENT MARKET (BY NUMBER OF ATM CASH WITHDRAWALS)..............................................................................64 TABLE 15C: SUMMARY - SHARES OF SUPPLY BY NUMBER OF ATMS DEPLOYED....65 TABLE 15D: SHARE OF SUPPLY OF FTU ATMS DEPLOYED BY PAYMENTS UK DESTINATION SEGMENTS............................................................................................................68 TABLE 15E: SHARE OF SUPPLY OF PTU ATMS DEPLOYED BY PAYMENTS UK DESTINATION SEGMENTS............................................................................................................69 TABLE 15F: ATM DEPLOYMENT IN THE MERCHANT "MARKET" (BY NUMBER OF ATMS)..................................................................................................................................................70 TABLE 15G: IAD DEPLOYMENT (BY NUMBER OF LINK ATM WITHDRAWALS) .........71 TABLE 15H: DEPLOYMENT AT SUPERMARKETS, CONVENIENCE AND OTHER RETAIL PAYMENTS UK SEGMENT DESTINATIONS (BY NUMBER OF ATMS)..............72 TABLE 15I: DEPLOYMENT AT SOCIAL AND LEISURE PAYMENTS UK SEGMENT DESTINATIONS (BY NUMBER OF ATMS) .................................................................................73 8603816-v9\LONDMS 4 S TABLE 15J: DEPLOYMENT AT MOTORING AND TRANSPORT PAYMENTS UK SEGMENT DESTINATIONS (BY NUMBER OF ATMS).............................................................74 TABLE 15K: DEPLOYMENT AT SERVICES, MOBILE AND WORKPLACE PAYMENTS UK SEGMENT DESTINATIONS (BY NUMBER OF ATMS) ..............................75 TABLE 15L: SUMMARY OF THE PARTIES' COMPETITIVE POSITIONING.....................76 TABLE 15M: GENERALLY DE MINIMIS INCREMENTS BETWEEN THE PARTIES.......77 TABLE 15N: PROPORTION OF OCCASIONS THAT OTHER ATM DEPLOYERS BID WHEN CARDTRONICS BIDS.........................................................................................................77 TABLE 15O: ANALYSIS OF RANK OF BIDDERS......................................................................78 TABLE 15P: PRESENCE OF COMPETITORS IN OVERLAP TENDERS...............................78 8603816-v9\LONDMS 5 STRICTLY CONFIDENTIAL | CONTAINS BUSINESS SECRETS SUPPORTING DOCUMENTS ANNEX 2A ARRANGEMENT AGREEMENT AMONG CARDTRONICS HOLDINGS LIMITED AND DIRECTCASH PAYMENTS INC. DATED 3 OCTOBER 2016 ANNEX 2B CARDTRONICS' ORGANISATIONAL STRUCTURE (PRE TRANSACTION) ANNEX 2C CARDTRONICS' ORGANISATION STRUCTURE (POST TRANSACTION) ANNEX 4A CARDTRONICS' CO-OP INVESTMENT CASE REVIEW ANNEX 4B CARDTRONICS' LLOYDS ACQUISITION SLIDES ANNEX 8A CARDTRONICS' FORM 10-K ANNUAL REPORT 2016 ANNEX 8B DCP ANNUAL INFORMATION FORM 2015 ANNEX 8C CARDTRONICS' FORM 10-Q QUARTERLY REPORT ANNEX 8D DC PAYMENTS Q3 2016 MANAGEMENT ACCOUNTS ANNEX 8E CARDTRONICS' LRP MASTERFILE 21 JULY 2016 ANNEX 8F DCP CONFIDENTIAL INFORMATION MEMORANDUM ANNEX 9A PROJECT ALPHA PRESENTATION FOR BOARD MEETING ON 8 OCTOBER 2016 ANNEX 9B PROJECT ALPHA BOARD UPDATE 10 OCTOBER 2016 ANNEX 10A ATM INNOVATION RESEARCH
Load more

Recommended publications
  • Moneylab Reader: an Intervention in Digital Economy
    READER A N INTERVENTION IN DIGITAL ECONOMY FOREWORD BY SASKIA SASSEN EDITED BY GEERT LOVINK NATHANIEL TKACZ PATRICIA DE VRIES INC READER #10 MoneyLab Reader: An Intervention in Digital Economy Editors: Geert Lovink, Nathaniel Tkacz and Patricia de Vries Copy editing: Annie Goodner, Jess van Zyl, Matt Beros, Miriam Rasch and Morgan Currie Cover design: Content Context Design: Katja van Stiphout EPUB development: André Castro Printer: Drukkerij Tuijtel, Hardinxveld-Giessendam Publisher: Institute of Network Cultures, Amsterdam, 2015 ISBN: 978-90-822345-5-8 Contact Institute of Network Cultures phone: +31205951865 email: [email protected] web: www.networkcultures.org Order a copy or download this publication freely at: www.networkcultures.org/publications Join the MoneyLab mailing list at: http://listcultures.org/mailman/listinfo/moneylab_listcultures.org Supported by: Amsterdam University of Applied Sciences (Hogeschool van Amster- dam), Amsterdam Creative Industries Publishing and the University of Warwick Thanks to everyone at INC, to all of the authors for their contributions, Annie Goodner and Morgan Currie for their copy editing, and to Amsterdam Creative Industries Publishing for their financial support. This publication is licensed under Creative Commons Attribution NonCommercial ShareAlike 4.0 Unported (CC BY-NC-SA 4.0). To view a copy of this license, visit http://creativecommons.org/licenses/by-nc-sa/4.0/. EDITED BY GEERT LOVINK, NATHANIEL TKACZ AND PATRICIA DE VRIES INC READER #10 Previously published INC Readers The INC Reader series is derived from conference contributions and produced by the Institute of Network Cultures. They are available in print, EPUB, and PDF form. The MoneyLab Reader is the tenth publication in the series.
    [Show full text]
  • Accountant - Bookkeeping Employers - USA
    www.Jobcorpsbook.org - Accountant - Bookkeeping Employers - USA Company Business Street City State Zip Phone Fax Web Page Alaska Society of Certified Public Accountants 341 West Tudor Road, Suite 105 Anchorage AK 99503 (907) 562-4334 Information Processing 551 W Dimond Boulevard, # 101 Anchorage AK 99515 (907) 245-0000 (907) 245-0101 Kimura & Associates 225 East Fireweed Lane, Suite 300 Anchorage AK 99503 (907) 279-5207 Mikunda Cottrell Accounting & Consulting 3601 Centre Street, Suite 600A Anchorage AK 99503 (907) 646-7350 Payroll Connection 605 W Tudor Road Anchorage AK 99503 (907) 562-6677 (907) 770-5545 Profit Plus Inc 12350 Industry Way, # 216 Anchorage AK 99515 (907) 345-7402 (907) 345-0536 http://www.timepluspayroll.com R Jack Bohnert EA 3820 Lake Otis Parkway Anchorage AK 99508 (907) 561-8987 Terry W Jackson CPA 2606 Centre Street, # 2A Anchorage AK 99503 (907) 278-4617 (907) 277-2342 http://www.terryjacksoncpa.com LPD Bookkeeping & Accounting 17025 Park Place Street Eagle River AK 99577 (907) 694-4129 Fairbanks Accountants 191 N Cushman St Fairbanks AK 99701 (888) 784-5762 Fairbanks Tax Preparation Service 223 N Cushman St Fairbanks AK 99701 (888) 691-9093 Star Consulting LLC 422 Glacier Avenue Fairbanks AK 99701 (907) 456-6856 http://www.starconsultingcpa.com A Counting 4 U Mi 44 Tok Cutoff (hc60 Bx 300) Gakona AK 99586 (907) 822-4050 Copper Basin Business Center (bx 65) Glennallen AK 99588 (907) 822-3500 Sundog Consultants 1213 Ocean Drive Homer AK 99603 (907) 235-5971 http://www.sundogconsultants.com College Accounting Service
    [Show full text]
  • Virtual Debit Cards and Consumer Protection
    Virtual debit cards and consumer protection RESEARCH REPORT Produced by Option consommateurs and presented to Industry Canada’s Officer of Consumer Affairs June 2014 Virtual debit cards and consumer protection Option consommateurs received funding for this report under Industry Canada’s Program for Non-Profit Consumer and Voluntary Organizations. The opinions expressed in the report are not necessarily those of Industry Canada or of the Government of Canada. Reproduction of limited excerpts of this report is permitted, provided the source is mentioned. Its reproduction or any reference to its content for advertising purposes or for profit, are strictly prohibited, however. Legal Deposit Bibliothèque nationale du Québec National Library of Canada ISBN: 978-2-89716-017-3 Option consommateurs Head Office 50, rue Ste-Catherine Ouest, Suite 440 Montréal (Québec) H2X 3V4 Tel.: 514 598-7288 Fax: 514 598-8511 Email: [email protected] Website: www.option-consumers.org Option consommateurs, 2014 ii Virtual debit cards and consumer protection Table of Contents Option consommateurs ................................................................................................................... iv Acknowledgements .......................................................................................................................... v Summary .......................................................................................................................................... vi 1. Introduction .................................................................................................................................7
    [Show full text]
  • Download/File> Acesso Em: 01 Mai
    Oria na Alme i Citado muitas vezes como da, S Se existe um tema que tem o desenvolvimento que procura ganhado centralidade no debate i satisfazer às necessidades da lv cientíco mundial desde a segunda i geração atual, sem comprometer a o L metade do século passado esse capacidade das gerações futuras de ima F tema é o do desenvolvimento. satisfazerem as suas próprias Muitas teorias clássicas abordaram igu necessidades, a partir do Rela- suas formas elementares concei- e ir tório Nosso Futuro Comum, o e tuais ligadas principalmente à d desenvolvimento passou a incor- o e S Economia e à Economia Política. porar a sustentabilidade e essa foi E s s a s pr i m ei r a s for m a s s e a assumida como um paradigma do in traduziram em questões que hoje t-C pensamento acadêmico e das são tratadas como crescimento la práticas sociais. Não raro, entre- ir T e c o n ô m i c o ap e n a s , p o i s o tanto, o conceito atual de desenvol- rindad moderno conceito de desenvol- vimento tem sugerido e recebido vimento nasceu do encontro de críticas pela ênfase a uma ou duas e J suas vertentes de histórias episte- de suas dimensões, notadamente úni mológicas diferentes. Primeiro, o aquelas de natureza ecológica e o reconhecimento da existência do r econômica. Hoje cada vez mais no A presente coletânea reúne o resultado de diversas pesquisas que se mundo subdesenvolvido, que desenvolveram no seio do Núcleo de Altos Estudos Amazônicos (NAEA) da meio acadêmico aquele argu- DE mereceria estudos especícos e a UFPA, criado em 1973.
    [Show full text]
  • 2013 Annual Report and Form 10-K 1 a Letter from the CEO
    Contents Financial Metrics 1 Letter from the CEO 2 Cardtronics At A Glance 4 Infographic: A Cashless Society? 5 Traditionally Strong 6 Transformative Acquisitions 8 Enterprising ATM Estate 10 Executive Leadership 12 Inside Back Contact Information and Notices Cover Where Cash Meets Commerce Financial Metrics Total Revenue (in millions) 2009 493.4 2010 532.1 +12% vs. 2012 2011 624.6 2012 780.4 2013 876.5 218.8 1.93 1.61 +15% 189.5 +20% vs. 2012 vs. 2012 1.37 156.3 130.8 1.00 110.4 0.68 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 Adjusted EBITDA* Adjusted Diluted Earnings per Share* (in millions) 2009 30.2% 2009 74.9 2010 32.3% +1.8% 2010 105.2 +34.6% 2011 32.7% vs. 2012 2011 113.3 vs. 2012 2012 31.3% 2012 136.4 2013 33.1%* 2013 183.6 Adjusted Gross Profit Margin* Operating Cash Flows (in millions) *For details on the calculation of Adjusted EBITDA, Adjusted Diluted Earnings per Share and Adjusted Gross Profit Margin, please see the reconciliation included in the Form 10-K. 2013 Annual Report and Form 10-K www.cardtronics.com 1 A Letter From the CEO Dear Cardtronics Shareholders, 2013 proved to be a productive blend of solid execution, growth, strategic investment and creation of shareholder value. Our model for investors emphasizes steady, reliable growth. And on that note, we are pleased with our performance. In 2013, solid performance from our traditional core drivers melded together with two transformative acquisitions and a series of strategic investments and realignments that will drive our future growth — including creation of the Enterprise Growth Group, whose sole charge is to deliver the most valuable consumer ATM experience.
    [Show full text]
  • General Questions
    General Questions What does electronic payment mean to me? An electronic payment means you will receive your funds directly into your account. There is no wait for mailing of the check, no need to make a bank deposit or to pay a check cashing fee to access your funds. Your money is readily available to you as soon as the payment is posted to your account. What options do I have? There are two (2) options for receiving your electronic payment: • Debit card, • Direct deposit to your existing checking account. What is the best option for me? In order to select the option that works best for you and your family, you need to evaluate how you spend your money. The debit card carries the MasterCard logo and can be used wherever MasterCard is accepted. You can use the card to purchase groceries, shoes and clothing, household items, pay for car repairs, school supplies, make monthly online payments, to access cash when needed, etc. If this is how you currently use your subsidy funding, then the debit card would be the right choice for you. If you use your funds to make a lump sum payment such as rent or mortgage, or school tuition payments, then the direct deposit option might be a better option for you. Can I choose to receive a paper check instead of an electronic payment? No. The State of New York, Office of Children and Family Services (OCFS) in partnership with Local District Department of Social Services agencies, has moved to an electronic payment system.
    [Show full text]
  • 2018 FINTECH100 Leading Global Fintech Innovators 2017 FINTECH100
    2018 FINTECH100 Leading Global Fintech Innovators 2017 FINTECH100 Leadin loba Fintec nnovators 1 1 2016 2017 Fintech100 Report FINTECH100 Leadin loba Fintec nnovators Company #00 1 | Fintech Innovators 2016 1 2015 Fintech100 Report FINTECH 100 Leading Global “ Fintech Innovators Report 2015 Company Description At a Glance Tag Line Located Year Founded Key People Website Specialisation Staff Enabler or Disruptor Key Investors Ownership Size User Engagement $ $ $ $ $ The 100 Leading Fintech Innovators Report 2016 Fintech100 Report The 50 Best Fintech Innovators Report 2014 Fintech100 Report 2 About the List The Fintech100 is a collaborative effort between H2 Ventures and KPMG. In its fifth year, the Fintech100 uncovers and evaluates the most innovative Fintech companies globally. The Fintech100 comprises a ‘Top 50’ and an ‘Emerging 50’ and highlights those companies globally that are taking advantage of technology and driving disruption within the financial services industry. A judging panel comprised of senior partners from H2 Ventures and KPMG has decided the final composition of the Fintech100 list. H2 Ventures H2 Ventures is a global thought leader in fintech venture capital investment. Founded by brothers Ben and Toby Heap, and based in Sydney, Australia, it invests alongside entrepreneurs and other investors in early stage fintech ventures. H2 Ventures is the manager of the H2 Accelerator – Australia’s only dedicated fintech accelerator – and operates out of Sydney’s dynamic Startup Hub. Twitter @H2_Ventures LinkedIn H2 Ventures Facebook H2 Ventures KPMG Global Fintech The financial services industry is transforming with the emergence of innovative, new products, channels and business models. This wave of disruption is primarily driven by evolving customer expectations, digitalisation, as well as continued regulatory and cost pressures.
    [Show full text]
  • A New Year in Payments
    January 9, 2006 • Issue 06:01:01 Inside This Issue: News Industry Update .....................................14 First Data Announces Layoffs, Change in Share Price ........................ 62 2006 Calendar of Events ................. 94 Australia Examines Debit Fees, Network Rules ..................................100 Contactless Payments Advance With Near Field Communication Trial .........100 Features AgenTalkSM: Harvey "Lee" Sullivan Welcome to a From Public Service to Merchant Service ............................22 New Year in Payments A Primer on ISO Agreements ................... 30 An Industry Divided f data security breaches, merchant lawsuits, mergers and acquisitions, By Tracy Kitten, ATMmarketplace.com .... 48 and a "free" terminal program frenzy were the headline-grabbers in 2005, you have to wonder what 2006 holds for the payments indus- Trade Association News: try. We asked The Green Sheet Advisory Board (AB) to provide their Gearing Up for 2006 ........................ 53 I thoughts and strategies for the year ahead: Views • How have the events of the past year shaped your plans for 2006? Transformation Well Under Way • Will you make any major changes to the way you do business? By Paul Rasori ....................................96 If so, what? If not, why? Education • What do you most look forward to in the coming year? What obstacles do you foresee? Street SmartsSM: • And finally, what words of wisdom do you have for merchant Friend or Client? level salespeople (MLSs) as they start a new year? By Ty Rosean ...................................... 74 Their responses, listed in alphabetical order, follow: Turning Promotional Customers Into Lifetime Clients Adam Atlas, By Nancy Drexler and Sam Neuman ...... 84 Attorney at Law What ISOs Should Expect in 2006 "The piece of the merchant acquiring pie that is left for the small ISO or MLS By David H.
    [Show full text]
  • City of St Louis Banking and Depository Services Bid November 16, 2018
    City of St Louis Banking and Depository Services Bid November 16, 2018 Presented by: Colleen Lang Vice President, Treasury Management Officer UMB Bank, n.a. (314) 612-8008 office [email protected] Table of Contents 1. Transmittal Letter 2. Summary of UMB 3. Proposal Response • Exhibit B 4. Pricing, Fee Schedule • Exhibit A • Exhibit A-1 5. Additional Products and Services • ACH Filter • Remote Deposit • Purchasing Card • Elavon Merchant Services • Benefits Banking • Netspend Payroll Services • Online Payment Solutions 6. Disaster Recovery Under separate cover One Original Documentation Booklet and Sample Report Section 1 Letter of Transmittal Section 2 Executive Summary UMB Financial Corporation UMB Financial Corporation (Nasdaq: UMBF), founded in 1913, is a diversified financial services holding company aligned into three strategic business segments to best serve our customers and achieve long-term growth opportunities. Our multiple revenue streams give UMB added stability to endure economic cycles and fluctuations in financial markets. As we continue to grow, we recognize the need to enhance operational efficiency and reduce costs—a need which drives our commitment to implementing efficiency measures. We will continue to be focused on the needs of our customers, on the diversity of our business model and on our future. Our business model has proven that it works, and our organization is tuned up to execute on UMB’s potential. The sum of who we are forms a strong and enduring culture that is recognizable as UMB. It is about having the integrity to do the right thing and the wisdom not to go chasing after the herd – this is a strength ingrained in our culture.
    [Show full text]
  • Visa Inc. Fiscal 2019 Annual Report
    Annual Report 2019 Annual Report 2019 Advancing the growth of digital payments. Visa enables money movement for everyone, everywhere. In 2019, we made significant strides in advancing our goal to be a single connection point for initiating any transaction, both on the Visa network and beyond. YEAR-END FINANCIAL HIGHLIGHTS Operational Highlights 12 months ended September 30 (except where noted) 2017 2018 2019 Total volume, including payments and cash volume1 $10.3 T $11.3 T $11.6 T Payments volume1 $7.4 T $8.3 T $8.8 T Transactions processed on Visa’s networks 111.2 B 124.3 B 138.3 B Cards2 3.2 B 3.3 B 3.4 B Financial Highlights (GAAP) In millions (except for per share data) FY 2017 FY 2018 FY 2019 Net revenues $18,358 $20,609 $22,977 Operating expenses $6,214 $7,655 $7,976 Operating income $12,144 $12,954 $15,001 Net income $6,699 $10,301 $12,080 Stockholders’ equity $32,760 $34,006 $34,684 Diluted class A common stock earnings per share $2.80 $4.42 $5.32 Financial Highlights (Non-GAAP)3 In millions (except for per share data) FY 2017 FY 2018 FY 2019 Net revenues $18,358 $20,609 $22,977 Operating expenses $6,022 $6,860 $7,606 Operating income $12,336 $13,749 $15,371 Net income $8,335 $10,729 $12,367 Diluted class A common stock earnings per share $3.48 $4.61 $5.44 1 Total volume is the sum of payments volume and cash volume.
    [Show full text]
  • Allpoint+ Cash Deposit ATM Locations Revised 10.21.2020 1 Store Store
    Allpoint+ Revised 10.21.2020 1 Cash Deposit ATM Locations Store Store Location Address City State Zip CVS STORE #10229 280 N AVONDALE BLVD AVONDALE AZ 85323 CVS STORE #05849 990 E PECOS RD CHANDLER AZ 85225 CVS STORE #07849 1015 E RAY RD CHANDLER AZ 85225 CVS STORE #07872 7499 W BETHANY HOME RD GLENDALE AZ 85303 CVS STORE #08983 5125 W OLIVE AVE GLENDALE AZ 85302 CVS STORE #03749 2840 N DYSART RD GOODYEAR AZ 85395 CVS STORE #05892 5050 W BASELINE RD LAVEEN AZ 85339 CVS STORE #05791 4890 N LITCHFIELD RD LITCHFIELD PARK AZ 85340 CVS STORE #06719 44274 W SMITH ENKE RD MARICOPA AZ 85138 CVS STORE #09213 305 E BROWN RD MESA AZ 85201 CVS STORE #05029 9230 E BROADWAY RD MESA AZ 85208 CVS STORE #00069 8332 W THUNDERBIRD RD PEORIA AZ 85381 CVS STORE #09237 9856 W PEORIA PEORIA AZ 85345 CVS STORE #01744 6650 W LOWER BUCKEYE RD PHOENIX AZ 85043 CVS STORE #09327 6021 S CENTRAL AVE PHOENIX AZ 85042 CVS STORE #08914 50 W JEFFERSON STSUITE 140 PHOENIX AZ 85003 CVS STORE #03625 8245 W THOMAS RD PHOENIX AZ 85033 CVS STORE #06718 5835 W INDIAN SCHOOL RD PHOENIX AZ 85031 CVS STORE #09222 4275 W THOMAS RD PHOENIX AZ 85019 CVS STORE #09225 2406 E THOMAS RD PHOENIX AZ 85016 CVS STORE #03500 1625 N 44TH ST PHOENIX AZ 85008 CVS STORE #09314 3440 W GLENDALE AVE PHOENIX AZ 85051 CVS STORE #09256 3560 W PEORIA AVE PHOENIX AZ 85029 CVS STORE #05778 4040 N 19TH AVE PHOENIX AZ 85015 CVS STORE #06862 1850 W DUNLAP AVE PHOENIX AZ 85021 CVS STORE #07262 18460 N 7TH ST PHOENIX AZ 85022 CVS STORE #08366 1610 E CAMELBACK RD PHOENIX AZ 85016 CVS STORE #07860 1615 E BASELINE
    [Show full text]
  • Where Cash Meets Commerce
    Cardtronics, Inc. 2010 Annual Report and Form 10-K and Form Report Annual 2010 Inc. Cardtronics, Where Cash Meets Commerce Cardtronics 3250 Briarpark Drive, Suite 400 Houston, TX 77042 800.786.9666 cardtronics.com 2010 Annual Report and Form 10-K Corporate Headquarters Cardtronics, Inc. 3250 Briarpark Drive, Suite 400 ‘10 Houston, TX 77042 ‘10 800.786.9666 ‘09 ‘08 ‘09 www.cardtronics.com ‘08 Stock Listing ‘07 Cardtronics, Inc. common stock is listed ‘07 on the NASDAQ Global Market Exchange ‘06 and trades under the ticker symbol CATM. ‘06 Investor Contact Chris Brewster, Chief Financial Officer 832.308.4128 [email protected] 172.8 247.3 358.7 392.4 431.4 $293.6 $378.3 $493.0 $493.4 $532.1 Notice of Annual Meeting Total Transactions Total Revenue The Annual Meeting of Shareholders will be held (in millions) (in millions) at 4:00 p.m. local time on June 15th, 2011 at ‘10 Cardtronics’ headquarters: 3250 Briarpark Drive, ‘09 Suite 400, Houston, TX 77042 ‘06 Transfer Agent ‘07 ‘08 Wells Fargo Shareowner Services 161 North Concord Exchange South St. Paul, MN 55075 800.767.3330 24.6% 22.4% 23.2% 30.2% 32.3% Gross Profit Margin Cautionary Note Regarding Forward-Looking Statements ‘10 ‘10 Except for the historical information and discussions contained herein, statements contained in this annual ‘09 report may constitute “forward-looking statements” within the meaning of the Private Securities Litigation ‘09 Reform Act of 1995. Achieving the results described ‘08 in these statements involves a number of risks, uncertainties and other factors that could cause actual ‘07 results to differ materially, as discussed in Cardtronics’ ‘06 filings with the Securities and Exchange Commission, ‘06 and in the attached Form 10-K.
    [Show full text]