Corecard Crp Stock Price, News & Analysis

CoreCard Corporation (CCRD) is a technology company that focuses on the financial services and payments industry. According to company disclosures, CoreCard provides what it describes as a “gold standard” card issuing platform that supports global transactions in an embedded digital environment. The company is associated with the New York Stock Exchange under the symbol CCRD in the period covered by the provided news releases.

CoreCard states that it is dedicated to continual technological innovation in the payments industry and is backed by what it characterizes as decades of expertise in credit card offerings. Its platform is designed to help customers conceptualize, implement, and manage all aspects of their issuing card programs. This includes supporting complex credit technology requirements for the broader financial technology and services market.

Business Focus and Platform Capabilities

In its public communications, CoreCard describes its core business as providing credit technology solutions and processing services to the financial technology and services market. The company highlights that it offers a card issuing platform that enables customers to run issuing programs and manage accounts in real time. CoreCard emphasizes that its platform supports truly real-time transactions and operates on private on-premise infrastructure as well as on leading cloud technology infrastructure.

The company’s reported revenue is primarily derived from services, which it disaggregates into professional services, processing and maintenance, and third-party revenue categories in its financial statements. In multiple quarterly and annual results releases, CoreCard reports that services revenue accounts for the entirety or the vast majority of its total net revenue in the periods presented, with product or license revenue appearing in certain quarters and years. The company also reports that it continues to invest in its platform and processing capabilities and that it is onboarding new customers that value the features and functionality offered by the CoreCard platform.

Customer Relationships and Market Positioning

CoreCard states that it serves the financial technology and services market and that it has earned the trust of some of the largest companies and financial institutions in the world. While specific customer names are not provided in the supplied materials, the company’s disclosures indicate that it focuses on large and complex modern card issuers. Management commentary in earnings releases notes that growth in professional services and processing and maintenance revenue is influenced by activity from both its largest customer and other customers.

In its description of the platform, CoreCard emphasizes support for issuing programs in an embedded digital world. The company positions its technology as suitable for large and complex issuers that require next-generation card management platforms. It also highlights that it provides processing services in addition to licensing its technology, allowing customers to rely on CoreCard’s infrastructure while running their card programs.

Revenue Streams and Financial Reporting

CoreCard’s financial disclosures break out revenue into several categories: license revenue, professional services revenue, processing and maintenance revenue, and third-party revenue. In multiple quarters, the company reports that services revenue represents total net revenue, with products or license revenue recorded in certain periods. Professional services revenue reflects work performed for customers, processing and maintenance revenue relates to ongoing operation and support of card programs, and third-party revenue captures amounts associated with external providers used in delivering services.

The company reports its results under U.S. generally accepted accounting principles (GAAP) and also presents non-GAAP measures such as Adjusted EBITDA and Adjusted earnings per diluted share (Adjusted EPS). In its press releases, CoreCard explains that Adjusted EBITDA is defined as net income adjusted to exclude depreciation and amortization, share-based compensation expense, income tax expense or benefit, investment income or loss, and other income or expense, net. Adjusted EPS is defined as diluted earnings per share adjusted to exclude the impact of share-based compensation expense, and in some periods, non-operating investment gains or losses. CoreCard states that these non-GAAP measures are used by management and the board of directors to evaluate and compare core operating results from period to period.

Corporate Structure and Sector Classification

CoreCard Corporation is incorporated in the state of Georgia, as indicated in its SEC filings. The company’s common stock, with a par value of $0.01 per share, has been listed on the New York Stock Exchange under the ticker CCRD during the time frame covered by the earnings and event announcements provided. The sector classification in the input notes references manufacturing, but the company’s own descriptions and SEC filings characterize CoreCard as a provider of credit technology solutions, processing services, and a card issuing platform for the financial technology and services market.

Acquisition by Euronet Worldwide and Trading Status

CoreCard’s status as an independent public company changed as a result of a merger transaction. On July 30, 2025, CoreCard entered into an Agreement and Plan of Merger with Euronet Worldwide, Inc. and a wholly owned Euronet subsidiary. According to the company’s Form 8-K filed on October 30, 2025, the merger was completed on October 30, 2025, with the Euronet subsidiary merging with and into CoreCard, and CoreCard surviving as a wholly owned subsidiary of Euronet.

At the effective time of the merger, each issued and outstanding share of CoreCard common stock (other than certain excluded shares) was automatically converted into the right to receive a specified number of shares of Euronet common stock and any cash payable in lieu of fractional shares, subject to applicable withholding taxes. The same Form 8-K reports that, following completion of the merger, CoreCard notified the New York Stock Exchange that the merger had been consummated and requested that the NYSE suspend trading of CoreCard common stock after the close of trading on October 30, 2025 and file a Form 25 to remove the stock from listing and registration under Section 12(b) of the Exchange Act.

A Form 25 filed on October 31, 2025 by the New York Stock Exchange confirms the notification of removal from listing and/or registration of CoreCard common stock on the NYSE. Subsequently, on November 18, 2025, CoreCard filed a Form 15 certifying the termination of registration of its common stock under Section 12(g) of the Securities Exchange Act of 1934 and the suspension of its duty to file reports under Sections 13 and 15(d) of the Exchange Act. The Form 15 notes that the approximate number of holders of record as of the certification date was one.

As a result of these actions, CoreCard’s common stock is no longer listed on the New York Stock Exchange, and the company has suspended its reporting obligations as a public reporting company. CoreCard continues to exist as a corporate entity, but as disclosed in the merger filings, it operates as a wholly owned subsidiary of Euronet Worldwide, Inc. rather than as an independent publicly traded issuer.

Use of Non-GAAP Metrics and Investor Communications

Throughout the periods covered by the provided news releases, CoreCard regularly communicates with investors through quarterly and annual earnings releases and associated conference calls. The company’s releases often include reconciliations of GAAP results to non-GAAP measures such as Adjusted EBITDA and Adjusted EPS, along with explanations of why management uses these measures. CoreCard notes that these non-GAAP metrics should not be considered in isolation or as alternatives to GAAP measures and that other companies may calculate similar measures differently.

Prior to the completion of the merger with Euronet, CoreCard also held investor conference calls in conjunction with its earnings releases and participated in technology and financial services investor conferences. The company’s releases indicate that transcripts of these calls were made available on its investor relations website and that its SEC filings, including Forms 10-K and 10-Q, could be accessed through the SEC’s EDGAR system.

Summary

In summary, CoreCard Corporation (formerly trading as NYSE: CCRD) is a Georgia-incorporated technology company that provides a card issuing platform and related processing services to the financial technology and services market. It emphasizes real-time transaction processing, operation on both private on-premise and leading cloud infrastructure, and long-standing expertise in credit card offerings. Revenue is reported primarily from services, including professional services and processing and maintenance, with additional third-party and periodic license revenue. Following an Agreement and Plan of Merger with Euronet Worldwide, Inc., CoreCard became a wholly owned subsidiary of Euronet on October 30, 2025, after which its common stock was delisted from the New York Stock Exchange and its SEC registration and reporting obligations were terminated.