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Western Union WU Gain (loss) on disposal of assets

Gain (loss) on disposal of assets at other companies

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Other financials

Income statement

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Revenue$982.7M-0.1%
Gross profit$327.8M-10.0%
Operating income$123.0M-30.7%
Net income$64.7M-47.6%
EPS (diluted)$0.20-44.4%

Balance sheet

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Cash & equivalents$909.2M-29.5%
Total debt$2.6B-6.0%
Total assets$8.1B-2.9%

Cash flow

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Operating cash flow$109.0M-26.5%
CapEx$6.4M+88.2%
Free cash flow$102.6M-29.1%

Valuation

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Market cap$2.23B-17.1%
Enterprise value$3.95B-10.7%
P/E5.1×+2.1×
P/S0.6×-0.1×

Profitability

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Gross margin36.1%-1.2pp
Operating margin17.4%+0.2pp
Net margin10.9%-11.2pp
FCF margin11.6%

Returns & leverage

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Return on equity19.9%
Debt / equity6.3×

Where this comes from

Reported directly by Western Union in its filing.

Tagged under the XBRL concept us-gaap:DisposalGroupNotDiscontinuedOperationGainLossOnDisposal.

The source filing: Western Union’s 10-Q, filed October 23, 2024.

Filed
Oct 23, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q3 2024
Accession
0000950170-24-116637
Line itemThree Months Ended / September 30, 2024Three Months Ended / September 30, 2023Nine Months Ended / September 30, 2024Nine Months Ended / September 30, 2023
Total expenses871.1886.92,603.82,646.5
Operating income164.9210.9547.7658.2
Other income/(expense):
Gain on divestiture of business (Note 4)18.018.0
Interest income2.83.69.611.0
Interest expense(32.2)(27.0)(89.4)(79.0)
Other income/(expense), net0.2(1.2)3.0(6.5)
Total other expense, net(29.2)(6.6)(76.8)(56.5)

Item 1. Financial Statements

FAQ

What is Western Union's gain (loss) on disposal of assets?
Western Union (WU) reported gain (loss) on disposal of assets of $18M in Q3 2023.
What does gain (loss) on disposal of assets mean?
Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.

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