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MGI| Name | Value |
|---|---|
| Revenues | 307.6M |
| Cost of Revenue | 217.9M |
| Gross Profit | 89.7M |
| Operating Expense | 71.8M |
| Operating I/L | 17.9M |
| Other Income/Expense | -11.8M |
| Interest Income | 0.0M |
| Pretax | 6.1M |
| Income Tax Expense | 1.0M |
| Net Income/Loss | 5.1M |
MoneyGram International, Inc. provides cross-border peer-to-peer payments and money transfer services globally. The company operates through two segments: Global Funds Transfer, offering money transfer and bill payment services through various agents and digital solutions; and Financial Paper Products, providing money orders and official check outsourcing services for financial institutions. MoneyGram generates revenue by charging fees for its money transfer and bill payment services, as well as through the sale of financial paper products. The company's digital solutions, mobile app, and kiosk-based services also contribute to its revenue stream.
