Cash flow Worldline

Equities

WLN

FR0011981968

Financial Technology (Fintech)

Market Closed - Euronext Paris Other stock markets 11:55:00 2025-07-17 EDT			Pre-market 02:32:26
3.554 ^EUR	-0.48%		3.569	+0.42%

07-17	Barclays indirectly owns 5.6% share capital of Worldline, filing shows	RE
07-10	Worldline signs partnership with Commercetools	RE

9a9362c6.Zw4jOttPDJBgk1Ee47-ctiWH30d7_9tbQ2phDkV7fRU.UldmfOkERP0z5xhE1IbLx0nhuTcUy-tpEwNSRy4tSXEkamt36QFW4inpNg

Published financial data: WORLDLINE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2.75B	3.69B	4.36B	4.61B	4.63B
Total Revenues	2.75B	3.69B	4.36B	4.61B	4.63B
Cost of Goods Sold, Total	1.02B	1.32B	1.5B	1.53B	1.57B
Gross Profit	1.73B	2.37B	2.86B	3.08B	3.06B
Selling General & Admin Expenses, Total	1.21B	1.69B	1.99B	2.29B	2.37B
Provision for Bad Debts	6M	6.8M	6.2M	7.4M	11.9M
Stock-Based Compensation (IS)	-	-	37.3M	24.8M	10.7M
Other Operating Expenses	-	-	14.5M	237M	226M
Other Operating Expenses, Total	1.21B	1.7B	2.05B	2.56B	2.62B
Operating Income	520M	666M	810M	523M	443M
Interest Expense, Total	-25M	-47.5M	-43.1M	-43.5M	-63.2M
Interest And Investment Income	500K	4.3M	1.6M	18.5M	58.9M
Net Interest Expenses	-24.5M	-43.2M	-41.5M	-25M	-4.3M
Income (Loss) On Equity Invest.	-900K	-1.1M	-500K	-1M	-100K
Currency Exchange Gains (Loss)	-9.9M	2.5M	-17.1M	2.3M	-3.4M
Other Non Operating Income (Expenses)	-1.3M	-2.9M	-1.6M	400K	-364M
EBT, Excl. Unusual Items	483M	621M	749M	500M	70.8M
Restructuring Charges	-12.2M	-38.1M	-37.3M	-62.5M	-233M
Merger & Related Restructuring Charges	-105M	-86M	-155M	-143M	-87.6M
Impairment of Goodwill	-	-	-	-1.15B	-
Gain (Loss) On Sale Of Investments	8.5M	8M	40.6M	8.3M	10.2M
Gain (Loss) On Sale Of Assets	-	-	-47.3M	-	-
Asset Writedown	-114M	-189M	-238M	-45.7M	-24.5M
Other Unusual Items	-44.2M	-51.1M	-18.9M	-29M	-37.5M
EBT, Incl. Unusual Items	216M	265M	294M	-919M	-302M
Income Tax Expense	50.8M	64M	78.8M	40.2M	10.6M
Earnings From Continuing Operations	165M	201M	215M	-959M	-312M
Earnings Of Discontinued Operations	-	-942M	88.5M	-	-
Net Income to Company	165M	-741M	303M	-959M	-312M
Minority Interest	-1.4M	-10.3M	-4.1M	142M	15.1M
Net Income - (IS)	164M	-751M	299M	-817M	-297M
Net Income to Common Incl Extra Items	164M	-751M	299M	-817M	-297M
Net Income to Common Excl. Extra Items	164M	191M	211M	-817M	-297M
Per Share Items
Net EPS - Basic	0.82	-2.69	1.06	-2.9	-1.05
Basic EPS - Continuing Operations	0.82	0.68	0.75	-2.9	-1.05
Basic Weighted Average Shares Outstanding	199M	280M	281M	282M	283M
Net EPS - Diluted	0.81	-2.53	1.05	-2.9	-1.05
Diluted EPS - Continuing Operations	0.81	0.68	0.74	-2.9	-1.05
Diluted Weighted Average Shares Outstanding	208M	293M	294M	282M	283M
Normalized Basic EPS	1.51	1.35	1.65	1.61	0.21
Normalized Diluted EPS	1.45	1.29	1.58	1.61	0.21
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	566M	667M	880M	838M	759M
EBITA	520M	666M	810M	760M	678M
EBIT	520M	666M	810M	523M	443M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	23.53	24.12	26.84	-4.37	-3.52
Total Current Taxes	86.4M	113M	113M	115M	129M
Total Deferred Taxes	-35.5M	-49.3M	-34.3M	-74.4M	-118M
Normalized Net Income	300M	378M	464M	454M	59.35M
Interest on Long-Term Debt	23M	47.5M	37.1M	43.5M	63.2M
Non-Cash Pension Expense	2.4M	100K	1.8M	7.4M	-700K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	136M	243M	257M	229M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	66.1M	70.7M	106M	97.9M	86.6M
Stock-Based Comp., COGS (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	42.1M	51.5M	47.7M	24.8M	11.1M
Total Stock-Based Compensation	42.1M	51.5M	47.7M	24.8M	11.1M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.38B	1.13B	1.6B	1.9B	1.77B
Short Term Investments	2.2M	8.7M	313M	8.2M	10.4M
Total Cash And Short Term Investments	1.38B	1.14B	1.91B	1.9B	1.78B
Accounts Receivable, Total	870M	680M	723M	691M	682M
Other Receivables	251M	201M	218M	4.16B	2.27B
Total Receivables	1.12B	881M	941M	4.85B	2.96B
Inventory	131M	42.1M	67.6M	97.7M	72.2M
Prepaid Expenses	85.9M	66.2M	74M	72M	75M
Other Current Assets, Total	1.88B	5.64B	4.81B	1.96B	2.31B
Total Current Assets	4.61B	7.77B	7.8B	8.89B	7.19B
Gross Property Plant And Equipment	1.28B	1.09B	1.18B	1.28B	1.31B
Accumulated Depreciation	-750M	-613M	-658M	-725M	-736M
Net Property Plant And Equipment	529M	474M	521M	556M	577M
Long-term Investments	107M	119M	698M	741M	384M
Goodwill	11.09B	9.33B	10.18B	9.06B	9B
Other Intangibles, Total	3.23B	2.31B	2.47B	2.42B	2.19B
Deferred Tax Assets Long-Term	90.6M	39M	98.5M	30.7M	57.8M
Other Long-Term Assets, Total	13.2M	11.7M	87.8M	33.5M	17.3M
Total Assets	19.67B	20.04B	21.86B	21.73B	19.42B
Liabilities
Accounts Payable, Total	678M	646M	718M	756M	662M
Accrued Expenses, Total	431M	307M	366M	286M	363M
Short-term Borrowings	92.8M	69M	47.7M	170M	258M
Current Portion of Long-Term Debt	945M	674M	555M	782M	622M
Current Portion of Leases	63.6M	55.7M	73M	86.7M	110M
Current Income Taxes Payable	81M	81.3M	168M	180M	157M
Unearned Revenue Current, Total	278M	135M	185M	155M	154M
Other Current Liabilities	1.95B	3.55B	4.94B	6.04B	4.49B
Total Current Liabilities	4.52B	5.52B	7.05B	8.46B	6.82B
Long-Term Debt	3.51B	3.51B	3.2B	2.76B	2.5B
Long-Term Leases	236M	254M	257M	258M	292M
Pension & Other Post Retirement Benefits	247M	227M	159M	191M	186M
Deferred Tax Liability Non Current	674M	568M	562M	425M	342M
Other Non Current Liabilities	93.9M	50.4M	92.8M	83.7M	65.5M
Total Liabilities	9.28B	10.13B	11.32B	12.17B	10.2B
Common Stock, Total	190M	191M	192M	192M	193M
Additional Paid In Capital	8.53B	8.59B	7.98B	7.99B	5.92B
Retained Earnings	791M	83.2M	1.08B	206M	1.97B
Comprehensive Income and Other	-28M	180M	135M	186M	161M
Total Common Equity	9.48B	9.04B	9.38B	8.58B	8.25B
Minority Interest	905M	871M	1.15B	989M	976M
Total Equity	10.39B	9.92B	10.54B	9.56B	9.22B
Total Liabilities And Equity	19.67B	20.04B	21.86B	21.73B	19.42B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	279M	280M	282M	283M	284M
ECS Total Common Shares Outstanding	279M	280M	282M	283M	284M
Book Value / Share	33.96	32.24	33.3	30.3	29.08
Tangible Book Value	-4.84B	-2.59B	-3.27B	-2.91B	-2.95B
Tangible Book Value Per Share	-17.35	-9.24	-11.6	-10.28	-10.41
Total Debt	4.85B	4.56B	4.13B	4.05B	3.78B
Net Debt	3.46B	3.43B	2.22B	2.15B	2B
Debt Equivalent of Unfunded Proj. Benefit Obligation	242M	227M	97.3M	153M	175M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	905M	871M	1.15B	989M	976M
Equity Method Investments, Total	4.9M	3.8M	3.3M	29.3M	29.1M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Others	193M	47.5M	72.1M	102M	76.9M
Land - (BS)	167M	152M	126M	125M	123M
Machinery, Total	588M	444M	516M	523M	459M
Full Time Employees	20.71K	20.71K	18.05K	18.4K	18.11K
Part Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	39.8M	31.5M	44.8M	52.9M	57.1M
Order Backlog	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	164M	-751M	299M	-817M	-297M
Depreciation & Amortization - CF	94.6M	68M	143M	176M	190M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	237M	236M
Depreciation & Amortization, Total	94.6M	68M	143M	413M	426M
Amortization of Deferred Charges, Total - (CF)	80.4M	174M	114M	123M	160M
(Gain) Loss From Sale Of Asset	3.6M	-700K	29M	14.8M	4.3M
Asset Writedown & Restructuring Costs	114M	189M	238M	1.19B	24.5M
Stock-Based Compensation (CF)	33.6M	45.2M	47.7M	23.9M	11.1M
Net Cash From Discontinued Operations	-	230M	101M	-	-
Other Operating Activities, Total	-24.7M	966M	-1.3M	-140M	347M
Change In Accounts Receivable	-	-	-	-	-
Change In Accounts Payable	-	-	-	-	-
Change in Other Net Operating Assets	46M	62.1M	99.9M	-18.6M	-72.4M
Cash from Operations	511M	982M	1.07B	792M	603M
Capital Expenditure	-155M	-226M	-325M	-333M	-282M
Sale of Property, Plant, and Equipment	300K	7.3M	10.3M	1.3M	5.7M
Cash Acquisitions	-990M	-331M	-664M	-167M	-18.9M
Divestitures	-	-	5.5M	-300K	-1.2M
Investment in Marketable and Equity Securities, Total	-1.6M	69.8M	1.1B	286M	45.6M
Other Investing Activities, Total	-	-58.5M	-96.7M	300K	4.5M
Cash from Investing	-1.15B	-538M	29.5M	-212M	-246M
Long-Term Debt Issued, Total	2.14B	1.64B	-	633M	573M
Total Debt Issued	2.14B	1.64B	-	633M	573M
Long-Term Debt Repaid, Total	-751M	-2.04B	-693M	-1.03B	-1.13B
Total Debt Repaid	-751M	-2.04B	-693M	-1.03B	-1.13B
Issuance of Common Stock	84.8M	23.4M	13.7M	6M	-
Repurchase of Common Stock	-	-	-	-	-7.4M
Other Financing Activities, Total	-8.4M	-66.3M	49.9M	-29.3M	-21.3M
Cash from Financing	1.47B	-446M	-629M	-416M	-585M
Foreign Exchange Rate Adjustments	-18.3M	20M	6.6M	10.9M	9.7M
Miscellaneous Cash Flow Adjustments	100K	-204M	17.6M	100K	-
Net Change in Cash	813M	-185M	495M	175M	-218M
Supplemental Items
Cash Interest Paid	-	-	-	7.8M	12.8M
Cash Income Tax Paid (Refund)	93.1M	114M	78.8M	102M	141M
Levered Free Cash Flow	402M	-1.65B	2.86B	474M	537M
Unlevered Free Cash Flow	417M	-1.62B	2.89B	501M	577M
Change In Net Working Capital	-30.9M	2.11B	-2.4B	53.2M	15.3M
Net Debt Issued / Repaid	1.39B	-403M	-693M	-392M	-556M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.45	2.1	2.42	1.5	1.35
Return on Total Capital	3.28	2.8	3.47	2.31	2.08
Return On Equity %	2.43	1.98	2.1	-9.54	-3.32
Return on Common Equity	2.58	2.06	2.29	-9.1	-3.53
Margin Analysis
Gross Profit Margin %	63	64.16	65.56	66.81	66.14
SG&A Margin	43.88	45.93	45.68	49.63	51.2
EBITDA Margin %	20.59	18.08	20.17	18.17	16.39
EBITA Margin %	18.91	18.05	18.56	16.49	14.65
EBIT Margin %	18.91	18.05	18.56	11.34	9.56
Income From Continuing Operations Margin %	6.01	5.46	4.92	-20.81	-6.74
Net Income Margin %	5.96	-20.37	6.86	-17.73	-6.41
Net Avail. For Common Margin %	5.96	5.18	4.83	-17.73	-6.41
Normalized Net Income Margin	10.94	10.24	10.63	9.85	1.28
Levered Free Cash Flow Margin	14.62	-44.8	65.58	10.28	11.6
Unlevered Free Cash Flow Margin	15.19	-44	66.2	10.87	12.46
Asset Turnover
Asset Turnover	0.21	0.19	0.21	0.21	0.23
Fixed Assets Turnover	6.28	7.35	8.77	8.56	8.17
Receivables Turnover (Average Receivables)	4.28	4.76	6.22	6.52	6.75
Inventory Turnover (Average Inventory)	11.78	15.24	27.4	18.52	18.46
Short Term Liquidity
Current Ratio	1.02	1.41	1.11	1.05	1.05
Quick Ratio	0.55	0.37	0.4	0.8	0.69
Operating Cash Flow to Current Liabilities	0.11	0.18	0.15	0.09	0.09
Days Sales Outstanding (Average Receivables)	85.49	76.7	58.68	55.96	54.24
Days Outstanding Inventory (Average Inventory)	31.07	23.95	13.32	19.71	19.82
Average Days Payable Outstanding	164.78	196.03	162.87	172.36	168.15
Cash Conversion Cycle (Average Days)	-48.22	-95.38	-90.87	-96.69	-94.09
Long Term Solvency
Total Debt/Equity	46.67	46.01	39.2	42.36	40.97
Total Debt / Total Capital	31.82	31.51	28.16	29.76	29.06
LT Debt/Equity	36.06	37.96	32.79	31.51	30.24
Long-Term Debt / Total Capital	24.59	26	23.56	22.13	21.45
Total Liabilities / Total Assets	47.2	50.54	51.79	55.99	52.52
EBIT / Interest Expense	20.78	14.02	18.79	12.02	7.01
EBITDA / Interest Expense	24.57	15.45	22.1	21.52	13.74
(EBITDA - Capex) / Interest Expense	18.36	10.7	14.56	13.86	9.29
Total Debt / EBITDA	7.89	6.22	4.34	4.33	4.35
Net Debt / EBITDA	5.64	4.67	2.33	2.29	2.3
Total Debt / (EBITDA - Capex)	10.56	8.97	6.58	6.72	6.44
Net Debt / (EBITDA - Capex)	7.55	6.74	3.54	3.56	3.41
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	15.38	49.82	18.29	5.64	0.47
Gross Profit, 1 Yr. Growth %	19.2	57.49	20.88	7.65	-0.54
EBITDA, 1 Yr. Growth %	15.35	37.94	42.87	-4.81	-9.39
EBITA, 1 Yr. Growth %	18.06	50.15	31.72	-6.12	-10.75
EBIT, 1 Yr. Growth %	18.06	50.15	31.72	-8.63	-15.26
Earnings From Cont. Operations, 1 Yr. Growth %	-51.15	56.53	6.71	-546.6	-67.47
Net Income, 1 Yr. Growth %	-47.4	-559.01	-139.82	-373.16	-63.66
Normalized Net Income, 1 Yr. Growth %	27.65	48.92	34.12	43.92	-86.97
Diluted EPS Before Extra, 1 Yr. Growth %	-51.78	6.38	9.64	-489.51	-63.76
Accounts Receivable, 1 Yr. Growth %	110.42	-21.79	6.2	-4.4	-1.3
Inventory, 1 Yr. Growth %	218.93	-67.96	60.57	44.53	-26.1
Net Property, Plant and Equip., 1 Yr. Growth %	52.95	-10.39	9.83	6.76	3.83
Total Assets, 1 Yr. Growth %	186.05	1.91	9.05	-0.58	-10.62
Tangible Book Value, 1 Yr. Growth %	414.82	-46.99	26.11	-11.01	1.55
Common Equity, 1 Yr. Growth %	194.33	-4.61	3.75	-8.61	-3.84
Cash From Operations, 1 Yr. Growth %	19.8	92.1	8.93	-25.99	-23.83
Capital Expenditures, 1 Yr. Growth %	36.35	61.03	44.02	2.46	-15.44
Levered Free Cash Flow, 1 Yr. Growth %	62.87	-559.68	-268.99	-83.94	13.38
Unlevered Free Cash Flow, 1 Yr. Growth %	65.35	-532.55	-273.62	-83.17	15.11
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	26.39	24.46	33.12	11.79	3.02
Gross Profit, 2 Yr. CAGR %	29.92	27.66	37.98	14.07	3.47
EBITDA, 2 Yr. CAGR %	29.63	16.62	34.9	16.62	-7.13
EBITA, 2 Yr. CAGR %	33.65	23.01	35.13	11.2	-8.47
EBIT, 2 Yr. CAGR %	33.65	23.01	35.13	-7.79	-12.01
Earnings From Cont. Operations, 2 Yr. CAGR %	8.83	-22.83	29.24	118.3	20.54
Net Income, 2 Yr. CAGR %	27.63	55.39	35.19	4.29	-0.37
Normalized Net Income, 2 Yr. CAGR %	51.5	26.71	35.23	14.57	-56.63
Diluted EPS Before Extra, 2 Yr. CAGR %	5.59	-36.57	8	106.65	18.82
Accounts Receivable, 2 Yr. CAGR %	55.23	28.29	-8.86	0.76	-2.86
Inventory, 2 Yr. CAGR %	93.76	1.09	-28.27	52.34	3.35
Net Property, Plant and Equip., 2 Yr. CAGR %	90.39	17.07	-0.8	8.28	5.28
Total Assets, 2 Yr. CAGR %	75.88	70.74	5.42	4.12	-5.73
Tangible Book Value, 2 Yr. CAGR %	208.64	65.98	-18.24	5.94	-4.94
Common Equity, 2 Yr. CAGR %	62.3	67.56	-0.51	-2.63	-6.26
Cash From Operations, 2 Yr. CAGR %	27.71	51.7	44.66	-10.21	-24.92
Capital Expenditures, 2 Yr. CAGR %	21.33	40.74	52.28	21.48	-6.92
Levered Free Cash Flow, 2 Yr. CAGR %	32.84	158.85	182.11	-47.09	-57.32
Unlevered Free Cash Flow, 2 Yr. CAGR %	35.25	153.57	177.45	-45.11	-55.98
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	20.97	28.96	22.37	23.25	7.88
Gross Profit, 3 Yr. CAGR %	22.63	32.15	25.36	27.02	8.98
EBITDA, 3 Yr. CAGR %	25.46	25.6	21.52	20.1	7.21
EBITA, 3 Yr. CAGR %	27.45	31.79	22.54	19.68	3.34
EBIT, 3 Yr. CAGR %	27.45	31.79	22.54	5.64	-10.35
Earnings From Cont. Operations, 3 Yr. CAGR %	7.37	13.03	-14.02	95.39	15.74
Net Income, 3 Yr. CAGR %	15.77	95.54	-1.3	70.91	-26.61
Normalized Net Income, 3 Yr. CAGR %	33.85	42.39	25.39	21.41	-44.44
Diluted EPS Before Extra, 3 Yr. CAGR %	1	-2.38	-23.88	65.62	15.67
Accounts Receivable, 3 Yr. CAGR %	40.22	23.52	20.46	-7.4	0.07
Inventory, 3 Yr. CAGR %	88.24	6.35	17.95	-9.41	19.7
Net Property, Plant and Equip., 3 Yr. CAGR %	60	48.09	14.6	1.66	6.78
Total Assets, 3 Yr. CAGR %	95.26	46.63	47.04	3.38	-1.04
Tangible Book Value, 3 Yr. CAGR %	416.7	72.1	51.45	-15.9	4.45
Common Equity, 3 Yr. CAGR %	96.41	35.95	42.82	-3.29	-3.03
Cash From Operations, 3 Yr. CAGR %	21.37	46.33	35.84	15.69	-15
Capital Expenditures, 3 Yr. CAGR %	13.22	28.83	41.82	33.44	7.66
Levered Free Cash Flow, 3 Yr. CAGR %	21.82	93.63	126.37	9.65	-31.79
Unlevered Free Cash Flow, 3 Yr. CAGR %	23.25	92.32	125.34	10.13	-29.74
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	17.5	23.02	22.96	21.8	14.23
Gross Profit, 5 Yr. CAGR %	20.02	26.13	24.97	24.6	16.1
EBITDA, 5 Yr. CAGR %	21.94	24.27	25.16	20	9.13
EBITA, 5 Yr. CAGR %	23.09	26.86	26.4	21.18	9.04
EBIT, 5 Yr. CAGR %	23.91	27.63	26.4	12.44	0.13
Earnings From Cont. Operations, 5 Yr. CAGR %	9.81	6	10	47.07	-1.58
Net Income, 5 Yr. CAGR %	9.62	39.12	23.18	52.07	-0.93
Normalized Net Income, 5 Yr. CAGR %	22.82	27.3	29.94	28.25	-24.08
Diluted EPS Before Extra, 5 Yr. CAGR %	0.86	-9.03	-1.18	31.77	-9.04
Accounts Receivable, 5 Yr. CAGR %	29.1	18.2	18.02	13.86	10.52
Inventory, 5 Yr. CAGR %	56.94	18.92	27.97	22.79	11.87
Net Property, Plant and Equip., 5 Yr. CAGR %	51.55	35.5	32.15	30.66	10.78
Total Assets, 5 Yr. CAGR %	70.91	54.06	52.59	27.87	23.08
Tangible Book Value, 5 Yr. CAGR %	76.22	118.1	147.62	41.74	25.71
Common Equity, 5 Yr. CAGR %	64.43	51.56	49.62	18.96	20.68
Cash From Operations, 5 Yr. CAGR %	20.81	34.46	30.2	20.36	7.16
Capital Expenditures, 5 Yr. CAGR %	18.31	21.47	24.87	25.84	19.84
Levered Free Cash Flow, 5 Yr. CAGR %	26.96	70.51	66.7	15.8	16.85
Unlevered Free Cash Flow, 5 Yr. CAGR %	27.75	69.78	66.91	17.04	17.98