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Fidelity National Information Services, Inc. (FIS) SEC Filing 10-K Annual Report for the fiscal year ending Friday, December 31, 2021

SEC Filings

Fidelity National Information Services,

CIK: 1136893 Ticker: FIS

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Exhibit 99.1
News Release
FIS Reports Fourth Quarter and Full-Year 2021 Results

Fourth quarter and full-year 2021 revenue grew 11%
Fourth quarter GAAP Diluted EPS was $0.47, and fourth quarter Adjusted EPS increased 19% to $1.92
Full-year 2021 GAAP Diluted EPS was $0.67, and full-year 2021 Adjusted EPS increased 20% to $6.55
Acquired Payrix to accelerate our eCommerce offering for platforms that primarily serve SMBs
Announced first quarter and full-year 2022 guidance

JACKSONVILLE Fla., February 15, 2022 -
FIS™ (NYSE:FIS), a global leader in financial services technology, today reported its fourth quarter and full-year 2021 results.

“By all metrics, our colleagues delivered a historic operational performance for FIS in 2021,” said FIS Chairman and CEO Gary Norcross. “Our strategy continues to resonate with our clients and prospects, and our team continues to execute at an exceptionally high level. Our ability to develop flexible, new technologies and to deliver differentiated customer experiences continues to drive strong value for our clients. I'm proud of our accomplishments and excited about the positive momentum carrying us into the new year.”

Fourth Quarter 2021
On a GAAP basis, consolidated revenue increased by more than $350 million, or 11%, to $3.7 billion, reflecting strong growth by the company’s operating segments. Net earnings attributable to common stockholders were $291 million or $0.47 per diluted share.

On an organic basis, revenue grew 11% as compared to the prior year period. Adjusted EBITDA margin expanded by 120 basis points (bps) over the prior year period to 46.4%, primarily due to revenue and cost synergies associated with the Worldpay acquisition as well as high contribution margins from revenue growth. Adjusted net earnings were $1.2 billion, and Adjusted EPS increased by 19% as compared to the prior year period to $1.92 per share.


The following information was filed by Fidelity National Information Services, Inc. (FIS) on Tuesday, February 15, 2022 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Definitive Proxy Statement (Form DEF 14A)
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Fidelity National Information Services, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2022 10-K Annual Report includes:

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Inside Fidelity National Information Services, Inc.'s 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Audit Information
Cover
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Earnings
Consolidated Statements Of Earnings
Consolidated Statements Of Equity
Consolidated Statements Of Equity (Parenthetical)
Accounts Payable, Accrued And Other Liabilities
Accounts Payable, Accrued And Other Liabilities (Details)
Accounts Payable, Accrued And Other Liabilities (Tables)
Acquisitions
Acquisitions (Tables)
Acquisitions - Payrix Acquisition Narrative (Details)
Acquisitions - Unaudited Pro Forma Results Of Operations (Details)
Acquisitions - Virtus Acquisition Narrative (Details)
Acquisitions - Worldpay Narrative (Details)
Basis Of Presentation
Basis Of Presentation - Narrative (Details)
Commitments And Contingencies
Commitments And Contingencies (Tables)
Commitments And Contingencies - Commitments Maturity Schedule (Details)
Commitments And Contingencies - Narratives (Details)
Commitments And Contingencies - Purchase Commitments Narrative (Details)
Components Of Other Comprehensive Earnings (Loss)
Components Of Other Comprehensive Earnings (Loss) (Details)
Components Of Other Comprehensive Earnings (Loss) (Tables)
Concentration Of Risk
Debt
Debt (Tables)
Debt - Narrative (Details)
Debt - Schedule Of Outstanding Debt (Details)
Debt - Schedule Of Principal Maturities Of Long-Term Debt (Details)
Debt - Short Term Debt (Details)
Deferred Contract Costs
Deferred Contract Costs (Details)
Deferred Contract Costs (Tables)
Deferred Contract Costs - Narratives (Details)
Employee Benefit Plans
Employee Benefit Plans (Tables)
Employee Benefit Plans - Narrative (Details)
Employee Benefit Plans - Schedule Of Restricted Stock Activity (Details)
Employee Benefit Plans - Schedule Of Stock Option Activity (Details)
Employee Benefit Plans - Schedule Of Stock Option Valuation Assumptions (Details)
Financial Instruments
Financial Instruments - Narratives (Details)
Goodwill
Goodwill (Tables)
Goodwill - Changes In Goodwill (Details)
Income Taxes
Income Taxes (Tables)
Income Taxes - Narratives (Details)
Income Taxes - Schedule Of Components Of Income Tax Expense (Benefit) And Pre-Tax Income From Continuing Operations (Details)
Income Taxes - Schedule Of Components Of Income Tax Expense (Benefit)) - Allocation (Details)
Income Taxes - Schedule Of Deferred Income Tax Assets And Liabilities (Details)
Income Taxes - Schedule Of Deferred Income Tax Assets And Liabilities - Classification (Details)
Income Taxes - Schedule Of Effective Income Tax Rate Reconciliation (Details)
Income Taxes - Schedule Of Unrecognized Tax Benefits Roll Forward (Details)
Intangible Assets
Intangible Assets (Tables)
Intangible Assets - Narratives (Details)
Intangible Assets - Schedule Of Estimated Amortization Of Intangibles For The Next Five Years (Details)
Intangible Assets - Schedule Of Finite-Lived Intangible Assets (Details)
Operating Leases
Operating Leases (Tables)
Operating Leases - Balance Sheet Classification (Details)
Operating Leases - Maturities Of Operating Leases (Details)
Operating Leases - Narratives (Details)
Other Noncurrent Assets And Liabilities
Other Noncurrent Assets And Liabilities (Tables)
Other Noncurrent Assets And Liabilities - Narratives (Details)
Other Noncurrent Assets And Liabilities - Other Noncurrent Assets (Details)
Other Noncurrent Assets And Liabilities - Other Noncurrent Liabilities (Details)
Property And Equipment
Property And Equipment (Tables)
Property And Equipment - Narrative (Details)
Property And Equipment - Schedule Of Property And Equipment (Details)
Related Party Transactions
Related Party Transactions - Narratives (Details)
Revenue
Revenue (Tables)
Revenue - Disaggregation Of Revenue (Details)
Revenue - Narratives (Details)
Segment Information
Segment Information (Tables)
Segment Information - Narrative (Details)
Segment Information - Schedule Of Financial Information For The Company's Segments (Details)
Software
Software (Details)
Software (Tables)
Software - Narratives (Details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Cash And Cash Equivalents (Details)
Summary Of Significant Accounting Policies - Narrative (Details)
Summary Of Significant Accounting Policies - Schedule Of Net Earnings Per Share (Details)
Summary Of Significant Accounting Policies - Settlement Assets And Payables (Details)
Ticker: FIS
CIK: 1136893
Form Type: 10-K Annual Report
Accession Number: 0001136893-22-000038
Submitted to the SEC: Wed Feb 23 2022 4:16:51 PM EST
Accepted by the SEC: Wed Feb 23 2022
Period: Friday, December 31, 2021
Industry: Business Services

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