CoreCard Corp
corecard.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q2 FY2025 10-Q, filed Aug 14, 2025. Its latest SEC filing is a 15-12G from Nov 18, 2025.
10-Q for Q2 FY2025, filed Aug 14, 2025
The sections below describe the company as of the FY2024 annual report.
What Did They Do?
Provides card and account-management software and processing services to financial institutions, retailers, processors, program managers and accounts-receivable businesses.
10-K for FY2024, filed Feb 28, 2025We are primarily engaged in the business of providing technology solutions and processing services to the financial technology and services…View ↗
CoreCard designs, develops and markets a comprehensive suite of software solutions to program managers, accounts receivable businesses…View ↗
Processing Services – CoreCard offers processing services that allow customers to outsource their card processing requirements to CoreCard.…View ↗
How Did They Make Money?
Customers pay for software licenses, typically when licenses are delivered; they also pay for customization and other professional services, maintenance and support, and processing. Processing customers pay setup fees and monthly service fees under contracts generally lasting three or more years.
10-K for FY2024, filed Feb 28, 2025We have several revenue streams. We receive software license fees that vary depending upon the number of licensed users, number of accounts…View ↗
Our software licenses generally have significant stand-alone functionality to the customer upon delivery and are considered to be…View ↗
We account for the PCS element contained in the initial contract based on relative standalone selling price, which is annual renewal fees…View ↗
Services provided under standalone contracts that are optional to the customer and are outside of the scope of the initial contract are…View ↗
$57.4M
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10-K for FY2024, filed Feb 28, 2025
$57.4M ↗
Who Were Their Customers?
Sales are typically made directly, often after online searches or industry referrals, with long sales and implementation cycles. Customers can choose to outsource processing or run licensed software in-house.
10-K for FY2024, filed Feb 28, 2025
10-K for FY2024, filed Feb 28, 2025
CoreCard added Goldman Sachs Group, Inc. as a customer in 2018, referred to as “Customer A” in the Notes to Consolidated Financial…View ↗
Did Revenues Turn Into Profits?
Yes. It kept 9 cents of every revenue dollar as net income in .
10-K for FY2024, filed Feb 28, 2025
How Were They Changing?
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Oct 30, 2025
Euronet completed its acquisition of CoreCard
CoreCard became a wholly owned subsidiary of Euronet, and its shares were delisted from the NYSE.
Sources
8-K, filed Oct 30, 2025
On October 30, 2025, the Merger was completed and the Company became a wholly owned subsidiary of Euronet.View ↗
Grew. Revenue grew 60% in 4 years, from $35.9M in to $57.4M in , about 12% a year.
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