EBIX

Ebix Inc
EBIX
Market cap $35.8M

Delisted

EBIX was delisted on the 27th of December, 2023.

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About: Ebix Inc is a provider of enterprise cloud e-commerce solutions for the insurance, finance, and healthcare industries. The company derives its revenues primarily from its financial transaction fees, software subscription, and transaction fees, software license fees, risk compliance solutions services fees, and professional service fees, including associated fees for consulting, implementation, training, and project management provided to customers with installed systems and applications. These exchanges connect multiple entities within the insurance and healthcare markets, enabling participants to carry and process data from one entity to another. Ebix generates the majority of its revenue from India.

Employees: 10,521

Technology Software - Infrastructure

Financial journalist opinion

EBIX EXITS CHAPTER 11 AND IS DEBT FREE WORLDWIDE NOW

JOHNS CREEK, Ga., Sept. 4, 2024 /PRNewswire/ -- Ebix Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced today that it has successfully completed its Chapter 11 restructuring process and has emerged as a financially and operationally stronger company that is well-positioned for the future.

EBIX EXITS CHAPTER 11 AND IS DEBT FREE WORLDWIDE NOW

Ebix Reports Conclusion of SEC Investigation and Dismissal of All Pending Securities Claims Against Ebix and its Officers in United States District Court for the Southern District of New York (SDNY)

JOHNS CREEK, Ga., April 01, 2024 (GLOBE NEWSWIRE) -- Ebix, Inc. (OTC: EBIXQ) a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced today that the Securities and Exchange Commission (SEC) has concluded its investigation of Ebix and officially communicated that it does not intend to recommend an enforcement action by the SEC against Ebix. This non-public investigation was carried out by the SEC in response to the RSM resignation and the subsequent Hindenburg short report.

Ebix Reports Conclusion of SEC Investigation and Dismissal of All Pending Securities Claims Against Ebix and its Officers in United States District Court for the Southern District of New York (SDNY)

Zinnia to Acquire Ebix Inc.'s Life and Annuity Software Assets, Continuing Its Mission to Deliver Solutions that Simplify Insurance and Power Industry Growth

GREENWICH, Conn.--(BUSINESS WIRE)--Zinnia Corporate Holdings (“Zinnia” or “the Company”), an Eldridge business and leading life and annuity insurance technology services company, today announced it will acquire the Life and Annuity Assets (the “L&A Assets”) of Ebix, Inc. (“Ebix”), a supplier of software solutions. The L&A assets will further position Zinnia as a partner of choice in the life and annuity industry, expanding its offerings with insurance focused CRM & agency management.

Zinnia to Acquire Ebix Inc.'s Life and Annuity Software Assets, Continuing Its Mission to Deliver Solutions that Simplify Insurance and Power Industry Growth

EbixCash Payment Solutions Reports Exceptional Year-over-Year Revenue and Income Growth in Q4 2023 and Full Year of 2023

NOIDA, India, Jan. 08, 2024 (GLOBE NEWSWIRE) -- EbixCash Limited, a subsidiary of Ebix, Inc. (OTC: EBIXQ), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today provided a summary update about its payment solutions vertical while reporting exceptional year-over-year (YOY) revenue and income growth across its payments solutions business that encompasses the sectors of foreign exchange, inward and outward money remittance.

EbixCash Payment Solutions Reports Exceptional Year-over-Year Revenue and Income Growth in Q4 2023 and Full Year of 2023

Ebix Annuity Exchange Closes 2023 with Record Annual Volumes of $118 Billion

JOHNS CREEK, Ga., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Ebix, Inc. (OTC: EBIXQ), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced today that its Annuity Exchange AN4 has reported record volumes in the last quarter of 2023, besides reporting a record performance for the full year of 2023.

Ebix Annuity Exchange Closes 2023 with Record Annual Volumes of $118 Billion

Why Is Ebix (EBIX) Stock Down 47% Today?

Ebix (NASDAQ: EBIX ) stock is falling hard on Monday after the on-demand infrastructure software company filed for Chapter 11 bankruptcy protection. According to a press release from Ebix, this bankruptcy filing is to allow for the successful reorganization of its business.

Why Is Ebix (EBIX) Stock Down 47% Today?

As Ebix goes bankrupt, is Farfetch (FTCH) next as its stock implodes?

One of the biggest stories on Monday was the collapse of Ebix (NASDAQ: EBIX), a software company that was once valued at over $2.5 billion. Its collapse marks a major downfall for a firm that is well-known, especially in India.

As Ebix goes bankrupt, is Farfetch (FTCH) next as its stock implodes?

Ebix stock suffering record plunge after bankruptcy filing

Shares of Ebix Inc. EBIX, -7.50% plummeted 54.6% toward a 17-year low in premarket trading Monday, after the Georgia-based provider of on-demand software for the insurance, financial services, travel and healthcare industries said it filed for bankruptcy. the company said it will continue to operate “normally,” and that its affiliates outside of the U.S. are not included in the bankruptcy.

Ebix stock suffering record plunge after bankruptcy filing

Ebix Reaches "Stalking Horse" Sale Agreement for Life Insurance and Annuity Business with Zinnia to Ensure Successful Recapitalization Efforts

Company Continues to Have Robust Worldwide Operations and Strong Fundamentals Secures New Financing to Support Restructuring Process Proposed Transaction Provides Ongoing Stability for the Insurance Industry, Ensuring Continued World Class Delivery for Clients JOHNS CREEK, Ga., Dec. 18, 2023 /PRNewswire/ -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare, and e-learning industries, announced today that it has reached a "stalking horse" agreement to sell its North American Life and Annuity assets (the "NA L&A Assets") to Zinnia, an Eldridge business and leading life insurance and annuity technology and service company, as part of its efforts to strengthen its balance sheet and position the Company for sustainable growth.

Ebix Reaches "Stalking Horse" Sale Agreement for Life Insurance and Annuity Business with Zinnia to Ensure Successful Recapitalization Efforts

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