Ebix, Inc. (EBIXQ) Research

Ebix, Inc., operating globally through its subsidiaries, provides specialized on-demand infrastructure software and e-commerce services for diverse sectors including insurance, finance, travel, cash remittance, and healthcare. Central to its offerings are Software-as-a-Service (SaaS) enterprise solutions, which are developed and deployed to power insurance and reinsurance exchanges. These solutions address critical functions such as customer relationship management (CRM), comprehensive front-end and back-end systems, and various outsourced administrative and risk compliance needs. The company's EbixCash division offers a range of exchange-related products and services, including gift cards, travel exchange services, money transfers, foreign exchange, outward remittances, and consumer payment solutions. It also supplies on-demand technology to service providers in lending, wealth and asset management, and the broader travel industry. Beyond these, Ebix provides specific insurance exchange offerings, such as its SaaS platform and associated services, software licensing, and professional support including setup, customization, training, and consulting. Their risk compliance segment delivers services for creating and tracking certificates of insurance, extensive consulting (covering project management, integration, development, development, and testing), and business process outsourcing (BPO) solutions like specialized project management, system consulting, and claims processing. Founded in 1976, the company was initially named Delphi Systems, Inc. before rebranding as Ebix, Inc. in December 2003. Its headquarters are located in Johns Creek, Georgia. Most notably, on December 17, 2023, Ebix, Inc. and its affiliates initiated a voluntary Chapter 11 reorganization petition in the U.S. Bankruptcy Court for the Northern District of Texas.

Market snapshot

Symbol
EBIXQ
Price
$0.00
Day change
-90.00%
Market cap
$35.8M
P/E ratio
0.55x
52-week range
1.0E-4-14.33
Sector
Technology
Industry
Software - Application

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