September 29, 2016 8:12 AM ET

Professional Services

Company Overview of TMF Group Holding B.V.

Company Overview

TMF Group Holding B.V. provides specialized and business-critical financial, legal, and human resource (HR) administrative services in the Americas, the Asia Pacific, Europe, Africa, and the Middle East. It operates through two segments: Global Business Services and Trust & Corporate Services. It offers financial, legal, and HR outsourcing services, supporting corporate operational, holding, and finance entities; and accounting and tax, HR and payroll, and corporate secretarial services. The company also provides international structuring services, such as domiciliation, administration, management, and compliance services related to maintaining corporate structures; structured finance servic...

Luna ArenA

Herikerbergweg 238

Amsterdam,  1101 CM

Netherlands

Founded in 1988

6,312 Employees

Key Executives for TMF Group Holding B.V.

Chief Executive Officer and Director
Co Founder and Managing Director
Age: 63
Co Founder and Managing Director
Age: 60
Chief Financial Officer
Age: 52
Chief Operating Officer
Compensation as of Fiscal Year 2016.

TMF Group Holding B.V. Key Developments

TMF Group Holding B.V. Reports Unaudited Consolidated and Statutory Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

TMF Group Holding B.V. reported unaudited consolidated and statutory earnings results for the second quarter and six months ended June 30, 2016. For the quarter on statutory basis, the company reported revenue of €131.0 million against €125.5 million a year ago. Adjusted EBITDA was €32.9 million against €32.7 million a year ago. Operating profit was €22.3 million against €20.9 million a year ago. Loss for the period was €7.8 million against €6.9 million a year ago. Net cash generated from operating activities was €13.3 million against €10.1 million a year ago. For the six months on statutory basis, the company reported revenue of €256.1 million against €242.7 million a year ago. Adjusted EBITDA was €64.5 million against €63.6 million a year ago. Operating profit was €38.7 million against €42.2 million a year ago. Loss for the period was €21.3 million against €20.2 million a year ago. Net cash generated from operating activities was €39.8 million against €42.7 million a year ago. For the second quarter on consolidated basis, the company reported total revenue of €128,180,000 against €121,831,000 a year ago. Operating profit was €21,129,000 against €20,021,000 a year ago. Result before income tax negative was €3,557,000 against €3,836,000 a year ago. Loss for the period was €7,790,000 against €7,126,000 a year ago. Result for the period attributable to owners of the parent was €8,126,000 or €0.45 per share basic and diluted against €7,126,000 or €0.41 per share basic and diluted a year ago. Net cash generated from operating activities was €13,377,000 against €10,159,000 a year ago. For the six months on consolidated basis, the company reported total revenue of €250,357,000 against €238,489,000 a year ago. Operating profit was €37,549,000 against €41,253,000 a year ago. Result before income tax negative was €11,297,000 against €13,825,000 a year ago. Loss for the period was €21,325,000 against €20,435,000 a year ago. Result for the period attributable to owners of the parent was €21,325,000 or €1.21 per share basic and diluted against €21,015,000 or €1.17 per share basic and diluted a year ago. Net cash generated from operating activities was €39,813,000 against €42,746,000 a year ago.

TMF Group Holding B.V., Q2 2016 Earnings Call, Aug 25, 2016

TMF Group Holding B.V., Q2 2016 Earnings Call, Aug 25, 2016

TMF Group Launches Global Online Employee Expense Management Solution

TMF Group launched InternationalXpense, an online expense management solution that automates employee claims in over 80 countries worldwide, enhancing compliance, control and transparency throughout the process. Benefiting from the expertise of TMF Group’s in-country local teams, InternationalXpense takes managed expenses one step further by checking receipts for accuracy and validity in over 25 languages within the 84 jurisdictions that it operates, adding confidence to the client experience. With InternationalXpense, businesses can better manage compliance risk by enforcing corporate travel and expense policies. Additionally, employee expenses are easily tracked, allowing for more accurate budgeting, while transparent processes reduce the time it takes for reimbursement. By eliminating the paperwork trail, InternationalXpense facilitates tax recovery and meets audit requirements, ultimately freeing up finance teams to focus on value-added activities.

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Recent Private Companies Transactions

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Date
Target
Merger/Acquisition
May 11, 2016
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