ACQUISITIONS

6 Months Ended

Jun. 30, 2025

ACQUISITIONS

ACQUISITIONS

(3) ACQUISITIONS

Acquisitions 2025

On May 31, 2025, Euronet completed the acquisition of a 60% equity stake in UNIDOS CO. LTD from multiple shareholders for a consideration of USD 18 million. The effective date of control is June 1, 2025. An additional earn-out payment will be made upon achieving key performance indicators (KPIs) after year one and year two. The Company allocated $9.9 million of the enterprise value to customer relationships, $7.9 million to acquired net assets, $3.5 million to deferred tax liability, $12 million to non-controlling interest and the remaining $15.7 million to goodwill. The initial accounting for this acquisition is complete as of June 30, 2025. The purchase price was preliminary allocated to the assets acquired and liabilities assumed including identifiable intangible assets based on provisional values at the date of the acquisition. Additional time is needed to refine and finalize the valuation of assets and liabilities. The acquisition has been accounted for as a business combination in accordance with US GAAP and the results of operations have been included in the Money Transfer segment.

Acquisitions 2024

On February 1, 2024, Euronet acquired Infinitium Group, a leading regional solutions provider with Payments Authentication services, for a purchase consideration of $70.0 million cash and $5.0 million of the Company’s common stock to be paid over two installments on February 1, 2026 and 2027. The Company allocated $51.0 million of the purchase consideration to customer relationships, $5.6 million to acquired net assets, $10.2 million to deferred tax liability and the remaining $28.6 million to goodwill.