Company profile

Calendar

5 Nov 19
9 Dec 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 388M 418M 432M 406M
Net income 110M 112M 103M 61M
Net profit margin 28.35% 26.79% 23.84% 15.02%
Net change in cash -33M 1M -37M -98M
Cash on hand 33M 66M 65M 102M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 1.46B 1.09B 718M 755M
Net income 387M -603M 197M 214M
Net profit margin 26.49% -55.47% 27.44% 28.34%
Net change in cash -94M -1.02B 1.04B 99M
Cash on hand 102M 196M 1.21B 173M

Financial data from company earnings reports

Financial report summary

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Risks
  • Adverse financial market conditions may significantly affect Credco’s ability to meet liquidity needs, access to capital and cost of capital.
  • Difficult conditions in the business and economic environment, as well as political conditions in the United States and elsewhere, may materially adversely affect Credco’s business and results of operations.
  • Adverse currency fluctuations and foreign exchange controls could decrease the revenue Credco receives from its international operations.
  • The risk management policies and procedures of American Express, Credco and the card issuers may not be effective.
  • Credco is an indirect wholly owned subsidiary of American Express and any arrangements or agreements between the two entities may have different terms than would have been negotiated by independent, unrelated parties.
  • Credco and its subsidiaries are dependent on the card issuers that generate receivables.
  • Ongoing legal proceedings regarding provisions in American Express’ merchant contracts could have a material adverse effect on its business and result in additional litigation and/or arbitrations, substantial monetary damages and damage to American Express’ reputation and brand.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Bad
New words: accelerated, area, assuming, booked, chapter, check, code, common, complying, directly, emerging, Employer, extended, external, filer, FORMAT, hotel, Identification, indirectly, INSTRUCTION, instrument, intention, Interactive, mark, NaN, par, practicable, preceding, registered, Shareholder, shell, shorter, smaller, telephone, transition, ultimately, WASHINGTON, whilst
Removed: assurance, beginning, independent, negotiated, thereunder, unrelated

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