March 02, 2015 7:07 PM ET

IT Services

Company Overview of Higher One Holdings, Inc.

Company Overview

Higher One Holdings, Inc. provides technology-based refund disbursement, payment processing, and data analytics services to higher education institutions and students in the United States. It provides Refund Management funds disbursement service that facilitates the distribution of financial aid and other refunds to students, as well as related products and services, including Refund Management ID, Campus Payroll, PLUS Loan Refund Management, Financial Intelligence, and Accounts Payable Solution. The company also offers Payment Processing suite of products, such as ePayment to accept online payments; eBill to automate payer billing and processing functions; Tuition Payment Plans to personali...

115 Munson Street

New Haven, CT 06511

United States

Founded in 2000

Phone:

203-776-7776

Key Executives for Higher One Holdings, Inc.

Co-Founder and Director
Age: 36
Total Annual Compensation: $400.0K
Co-Founder and Director
Age: 36
Total Annual Compensation: $400.0K
Chief Financial Officer
Age: 52
Total Annual Compensation: $294.2K
Chief Operating Officer
Age: 39
Total Annual Compensation: $300.0K
Chief Sales Officer and Executive General Manager
Age: 57
Total Annual Compensation: $507.3K
Compensation as of Fiscal Year 2013.

Higher One Holdings, Inc. Key Developments

Higher One Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Earnings Guidance for the Year Ending December 31, 2015

Higher One Holdings, Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported revenue of $57.053 million against $56.608 million a year ago. Income from operations was $8.574 million against $11.012 million a year ago. Net income before income taxes was $6.887 million against $10.273 million a year ago. Net income available to common stockholders was $4.112 million or $0.09 per basic and diluted share $against $6.261 million or $0.13 per basic and diluted share a year ago. EBITDA was $12.64 million against $15.106 million a year ago. Adjusted EBITDA was $14.747 million against $15.989 million a year ago. Non-GAAP adjusted net income was $6.711 million for the fourth quarter of 2014, compared to $8.142 million for the fourth quarter of 2013. Non-GAAP adjusted diluted EPS was $0.14 for the fourth quarter of 2014, compared to $0.17 for the fourth quarter of 2013. Capital expenditures were $1.8 million in the fourth quarter of 2014, which was lower than the approximately $2.7 million in the same period in 2013. For the year, the company reported revenue of $220.111 million against $211.123 million a year ago. Income from operations was $27.138 million against $25.852 million a year ago. Net income before income taxes was $24.642 million against $23.48 million a year ago. Net income available to common stockholders was $14.967 million or $0.31 per diluted share $against $14.128 million or $0.29 per diluted share a year ago. Net cash provided by operating activities was $30.21 million against $47.509 million a year ago. Purchases of fixed assets were $3.487 million against $6.761 million a year ago. Additions to internal use software were $5.295 million against $2.725 million a year ago. EBITDA was $46.888 million against $41.094 million a year ago. Adjusted EBITDA was $59.568 million against $57.773 million a year ago. Non-GAAP adjusted net income was $28.385 million compared to $29.212 million a year ago. Non-GAAP adjusted diluted EPS was $0.59 compared to $0.60 a year ago. For the year ending December 31, 2015, on GAAP basis, the company expected revenues will be in the range of $205.0 million to $215.0 million and diluted EPS will be in the range of $0.20 to $0.26. On Non-GAAP basis, the company expected revenues will be in the range of $205.0 million to $215.0 million and diluted EPS will be in the range of $0.40 to $0.45. The company expects capital expenditures to range between 5% and 6% of revenue in 2015.

Higher One Holdings, Inc. to Report Q4, 2014 Results on Feb 26, 2015

Higher One Holdings, Inc. announced that they will report Q4, 2014 results at 8:30 AM, US Eastern Standard Time on Feb 26, 2015

Higher One Holdings, Inc., Q4 2014 Earnings Call, Feb 26, 2015

Higher One Holdings, Inc., Q4 2014 Earnings Call, Feb 26, 2015

Similar Private Companies By Industry

Company Name Region
D1 Technologies LLC United States
Express Information Systems, Inc. United States
First Data Merchant Services Corporation United States
Alcyon, Inc. United States
PC Care, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Higher One Holdings, Inc., please visit www.higherone.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.