I-Remit, Inc. (I)

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1. Company Information
Company Name	I-Remit, Inc. (I)
Sector	Financials		Incorporation Date		Mar 05, 2001
Subsector	Other Financial Institutions		Number of employees		330 (Group Total)
Board of Directors	Chairman: Bansan C. Choa, Director: Ben C. Tiu
Website / E-mail	http://www.myiremit.com / investor_relations@iremit-inc.com
2. Stock Information
Total Assets	2,648,098,610	Market Capitalization		1,039,786,507.40
Total Liabilities	1,317,264,640	Outstanding Shares		611,639,122
Retained Earnings	262,352,804	Listed Shares		617,725,800
Listing Date	Oct 17, 2007	Issued Shares		617,725,800
Board Lot	1,000	Free Float Level (%)		23.08%
Par Value	1.00	Foreign Ownership Limit		100%
3. Major Stock Holders (common shares)
Star Equities, Inc. Surewell Equities, Inc. JTKC Equities, Inc.				29.4% 23.6% 21.5%
4. Company Descriptions and Business Development
Notes 1. Related companies: DWC, T, I
Overview It is primarily engaged in the business of fund transfer and remittance services, from abroad into the Philippines or otherwise. Its services also includes auxiliary services such as liaising and coordinating with, and accepting and distributing membership contributions, loan amortization payments, and premium payments to various government and non-government entities. I-Remit currently operates in 27countries and territories worldwide. Its main target customers are OFWs (overseas Filipino workers). Business Revenue contribution in 2016 Service fees Foreign exchange gains Commission Other fees 556,923,885 154,181,019 36,553,837 828,349 74.41% 20.6% 4.88% 0.11% Bank-to-Bank A facility for “same-day” online crediting to bank account in the Philippines. Door-to-Door Delivery of cash remittances to designated beneficiaries through third-party couriers. Notify-to-Pay Allows a beneficiary in the Philippines to pick-up a remittance in any of I-Remit’s 18,663 pay-out stations within 24 hours. Visa Card I-Remit Visa Card is a “debit and ATM card in one” through which remitters can send money to their beneficiaries almost instantaneously Auxiliary Services It is authorized to accept payments, contributions, premiums, or donations from Filipinos abroad for government agencies, private companies, and organizations. SMS (Short Message Service) via Globe GCash and Smart Padala iRemit Direct Online Remittance System (iDOL) Subsidiaries / Associates / Affiliates / Joint Ventures International Remittance (Canada) Ltd. (100%) I-Remit Australia Pty Ltd. (100%)