Summary
This filing by Mastercard Inc. (MA) on August 2, 2004, primarily contains performance data for its payment programs for the three and six months ended June 30, 2004, with comparative data for fiscal years 2003 and 2002. The data includes Gross Dollar Volume (GDV), purchase volume, cash volume, transaction counts, accounts, and cards across various regions and program types (credit, off-line debit, and all programs except on-line debit). A key aspect highlighted is the restatement of prior year data to align with the current reporting format, ensuring consistency for investors analyzing trends. The filing also notes that certain data may be subject to revision and that some transactions are included for informational purposes even if Mastercard does not earn revenue from them.
Key Highlights
- 1Mastercard released updated performance data for its payment programs for the periods ending June 30, 2004, along with restated historical data for 2003 and 2002.
- 2The report provides detailed metrics including Gross Dollar Volume (GDV), purchase and cash volumes, and transaction counts across different geographic regions and program types (credit, off-line debit).
- 3Worldwide GDV for 'All Programs Except On-line Debit Programs' showed a 9.2% growth in the three months ended June 30, 2004, and 8.8% for the six months ended June 30, 2004.
- 4The United States remains the largest market, contributing significantly to overall GDV, purchase volume, and transaction counts across all program types.
- 5Latin America demonstrated strong growth rates across multiple metrics, particularly in cash volume and transactions, for both the three and six-month periods.
- 6Mastercard is providing restated prior year financial data to ensure consistent comparison with the latest reporting periods, which is crucial for trend analysis.
- 7The company clarifies that certain data, such as accounts and cards, is subject to routine portfolio changes among members and may be subject to revision.