Euronet Worldwide’s Ren Tech Is Quietly Taking Over Asia—Next Stop: The U.S.!

Euronet Worldwide reported a remarkably strong performance for the fourth quarter of 2024, achieving record results across all key financial metrics. The company generated $1 billion in revenue, with an operating income of $123 million and an adjusted EBITDA of $166 million. Euronet’s adjusted EPS came in at $2.08, exceeding analysts’ expectations, even amidst unfavorable foreign exchange (FX) rate movements. Cash flows were positive, with free cash flow reaching about $65 million. The company also undertook share buybacks during the quarter, though the impact on EPS was minimal.