December 27, 2014 6:16 AM ET

Diversified Consumer Services

Company Overview of Affinion Group, Inc.

Company Overview

Affinion Group, Inc., together with its subsidiaries, is engaged in designing, marketing, and servicing of customer engagement and loyalty solutions in North America and internationally. It designs, implements, and markets subscription programs that provide members with personal protection benefits and value-added services, including credit monitoring and identity-theft resolution services, as well as access to various discounts and shop-at-home conveniences in the areas of retail merchandise, travel, automotive, and home improvement. The company also markets accidental death and dismemberment insurance, and other insurance programs; and designs and provides checking account enhancement prog...

6 High Ridge Park

Stamford, CT 06905

United States

3,925 Employees

Phone:

203-956-1000

Key Executives for Affinion Group, Inc.

Chief Executive Officer and Director
Age: 43
Chief Financial Officer and Executive Vice President
Age: 43
Chief Operating Officer
President of Membership Services
Age: 49
President of Insurance Services
Age: 45
Compensation as of Fiscal Year 2014.

Affinion Group, Inc. Key Developments

Affinion Group, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reaffirms Financial Guidance for the Year 2014

Affinion Group, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company’s net revenues were $303.0 million against $339.4 million a year ago. Income from operations was $12.6 million against $41.5 million a year ago. Loss before income taxes and non-controlling interest was $28.3 million against income before income taxes and non-controlling interest of $0.4 million a year ago. Net loss was $30.9 million against $3.4 million a year ago. Net loss attributable to the company was $31.1 million against $3.6 million a year ago. Adjusted EBITDA, excluding pro forma adjustments was $72.1 million against $83.4 million a year ago. This reduction in adjusted EBITDA was primarily driven by the continued increase in cost of insurance, which they began to see in the second quarter. Net revenues for the third quarter of 2014 decreased, due to primarily to the expected declines in Membership products revenues, as well as a decline in Insurance and Package revenues, partially offset by growth in International revenue. For the nine months, the company’s net revenues were $928.2 million against $1,022.9 million a year ago. Income from operations was $33.2 million against $114.1 million a year ago. Loss before income taxes and non-controlling interest was $104.6 million against $9.0 million a year ago. Net loss was $115.5 million against $21.2 million a year ago. Net loss attributable to the company was $115.9 million against $21.5 million a year ago. Net cash provided by operating activities was $8.8 million against $102.9 million a year ago. Capital expenditures were $36.3 million against $29.2 million a year ago. Adjusted EBITDA, excluding pro forma adjustments was $199.7 million against $253.5 million a year ago. Net debt was $2.3 billion. The company reaffirms 2014 adjusted EBITDA guidance of $280-$295 million albeit slightly at the low end of the range.

Affinion Group, Inc. to Report Q3, 2014 Results on Oct 30, 2014

Affinion Group, Inc. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Oct 30, 2014

Affinion Group, Inc., Affinion Group Holdings, Inc., Q3 2014 Earnings Call, Oct 30, 2014

Affinion Group, Inc., Affinion Group Holdings, Inc., Q3 2014 Earnings Call, Oct 30, 2014

Similar Private Companies By Industry

Company Name Region
Air Experts LLC United States
Calla Properties, Inc. United States
DirectRepair Shop Network United States
Platte County Title & Abstract United States
Lorman Business Center, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Affinion Group, Inc., please visit www.affiniongroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.