Detail akcie WEX Inc, Ordinary, New York Consolidated online

Business Summary: WEX Inc. provides a global commerce platform, which owns and operates a business-to-business (B2B) ecosystem. The Company operates through three segments: Mobility, Benefits, and Corporate Payments. Its Mobility segment provides payment processing, transaction processing, and information management services specifically designed for the needs of fleets of all sizes from small businesses to federal and state government fleets and over-the-road carriers. Its Benefits segment provides a Software as a service (SaaS) platform for consumer directed healthcare benefits and a full-service benefit enrollment solution, bringing together benefits administration, certain compliance services and consumer-directed and benefits accounts. Its Corporate Payments segment focuses on the complex payment environment of global B2B payments, enabling customers to utilize its payments solutions to integrate into their own workflows and manage their accounts payable automation and spend management functions.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, WEX Inc revenues increased 8% to $2.55B. Net income increased 32% to $266.6M. Revenues reflect Health and Employee Benefit Solutions segment increase of 32% to $668.4M, Travel and Corporate Solutions segment increase of 24% to $496.9M, United States segment increase of 6% to $2.19B, International segment increase of 23% to $354.2M.