OMG.. look at the growth in Litigation Provision!!!! So it’s true that people are walking away from debt huh? That’s a huge spike 4600 percent from last year!!! Or Am I reading that wrong??
mattblack77 on
$5.2B income for data processing?
Anyone have any info on what’s going on here?
hiveminer on
That client incentive is pretty interesting too, almost on par with their profit. That’s drug dealers business strategy… free/give away product, just enough to encourage consumption!!!
Apprehensive-Care20z on
oh, they made it from Revenue. Interesting!
GooseTheGeek on
I’m very surprised to not see Fraud in here anywhere.
amw11 on
It’s neither FY25 not is it Q3
Apprehensive-Care20z on
Let’s look at some numbers for fun.
Op Profit: 6.2B
Net Profit: 5.3B
Tax: 1.1B
Note: these numbers do not add up. 6.2 – 1.1 = 5.1, not 5.3.
[deleted] on
[deleted]
imaginary_num6er on
I thought their entire expenditure was litigation
djazzie on
I used to work for Visa. Man, I’ve never had a job with such insane benefits. 4x 401k (lowered to 3x right before I left), crazy affordable health insurance, very good salary (but not extraordinary). I left before they went public, but my wife (who I met there) was given a boatload of stock for free that’s worth a decent amount today.
cypher1014 on
Profit went up; taxes went down. Cool.
piperonyl on
Parasite on the economy.
Every time you use your credit card, the business pays visa 1-2% of the transaction. Just a total leech.
No-Manager4931 on
Honestly not surprised by Visa’s billions. Big data is big money. By the way, if you’re looking into scraping finance sites to track trends or whatever, Webodofy worked really well for me. Just saying.
18 Comments
Source: Visa investor relations
Tool: [SankeyArt](http://sankeyart.com) sankey chart maker
By taking your financial freedom away
37% profits is pretty wild.
Why is the line for “litigation provision” so thick when is $13M?
Oh… another corporation Sankey diagram.
https://preview.redd.it/t1cm9n79g2gf1.jpeg?width=1125&format=pjpg&auto=webp&s=6e3c1b70364acc046c874f4f22e0e475694c668e
OMG.. look at the growth in Litigation Provision!!!! So it’s true that people are walking away from debt huh? That’s a huge spike 4600 percent from last year!!! Or Am I reading that wrong??
$5.2B income for data processing?
Anyone have any info on what’s going on here?
That client incentive is pretty interesting too, almost on par with their profit. That’s drug dealers business strategy… free/give away product, just enough to encourage consumption!!!
oh, they made it from Revenue. Interesting!
I’m very surprised to not see Fraud in here anywhere.
It’s neither FY25 not is it Q3
Let’s look at some numbers for fun.
Op Profit: 6.2B
Net Profit: 5.3B
Tax: 1.1B
Note: these numbers do not add up. 6.2 – 1.1 = 5.1, not 5.3.
[deleted]
I thought their entire expenditure was litigation
I used to work for Visa. Man, I’ve never had a job with such insane benefits. 4x 401k (lowered to 3x right before I left), crazy affordable health insurance, very good salary (but not extraordinary). I left before they went public, but my wife (who I met there) was given a boatload of stock for free that’s worth a decent amount today.
Profit went up; taxes went down. Cool.
Parasite on the economy.
Every time you use your credit card, the business pays visa 1-2% of the transaction. Just a total leech.
Honestly not surprised by Visa’s billions. Big data is big money. By the way, if you’re looking into scraping finance sites to track trends or whatever, Webodofy worked really well for me. Just saying.