Fidelity National Information Services

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SKU: FIS-1 Category:

Description

Fidelity National Information Services, Inc. delivered a disappointing set of results as they were unable to meet Wall Street’s revenue and earnings expectations. Their success is attributed to a 4% organic revenue surge, primarily driven by a remarkable 7% growth in recurring revenue within the Banking and Capital Markets segments. The company maintains a strong free cash flow trajectory, achieving an impressive 94% conversion year-to-date and poised to surpass the 2023 target of over 80%. Fidelity’s commitment to transformation is evident as it progresses toward the Worldpay separation, scheduled for the first quarter of 2024. The recent success of the $8.7 billion Worldpay debt raise underscores the demand and secures necessary financing for the transaction. Fidelity’s position as a leading software solutions provider is emphasized, catering not only to large financial institutions but also resonating with a broader clientele, including multinational corporations, insurance firms, global fintechs, and neobanks. The company’s cloud-based enterprise solutions, such as the Modern Banking Platform, have gained traction, with Tier 1 financial institutions already live and further expansion expected in 2024. Noteworthy industry accolades affirm the excellence of Fidelity’s solutions, adding to the company’s momentum.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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