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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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FORM 12b-25 |
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NOTIFICATION OF LATE FILING |
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(Check One): |
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x Form 10-K |
o Form 20-F |
o Form 11-K |
o Form 10-Q |
o Form 10-D |
o Form N-SAR |
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o Form N-CSR |
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For Period Ended: December 31, 2006
o Transition Report on Form 10-K
o Transition Report on Form 20-F
o Transition Report on Form 11-K
o Transition Report on Form 10-Q
o Transition Report on Form N-SAR
For the Transition Period Ended:
Read Instruction (on back page) Before Preparing Form. Please Print or Type. Nothing in this form shall be construed to imply that the Commission has verified any information contained herein. |
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:
PART I - REGISTRANT INFORMATION
Ebix, Inc. |
Full Name of Registrant |
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Former Name if Applicable |
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5 Concourse Parkway, Suite 3200 |
Address of Principal Executive Office (Street and Number) |
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Atlanta, Georgia 30328 |
City, State and Zip Code |
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PART II - RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
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(a) |
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The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; |
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(b) |
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The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and |
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(c) |
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The accountants statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. |
PART III - NARRATIVE
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
Ebix, Inc. (the Company) is currently in the process of working with its independent auditors to complete its audit for the fiscal year ended December 31, 2006. The Company anticipates that it will be able to complete the audit in time to file its Form 10-K for the fiscal year ended December 31, 2006 prior to the reporting deadline provided by this extension.
The additional time required by the Company to fully integrate a fourth quarter acquisition and to complete the audit has delayed the completion of the preparation of its Form 10-K and caused it to be unable to file its report within the prescribed due date without unreasonable effort and expense.
(Attach Extra Sheets if Needed)
PART IV - OTHER INFORMATION
(1) |
Name and telephone number of person to contact in regard to this notification |
Carl A. Serger |
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(678) |
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281-2020 |
(Name) |
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(Area Code) |
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(Telephone Number) |
(2) |
Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).x Yes o No |
(3) |
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? x Yes o No |
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
The Company expects that there will be an increase of approximately $2,000,000 in the operating income for the twelve months ended December 31, 2006 from the $4,650,000 in operating income reported for the twelve months ended December 31, 2005. The increase is based in part on (1) the acquisitions of Infinity Systems Consulting, Inc. in May 2006 and Finetre Corporation in October 2006 and (2) continued growth in software and services from existing domestic and international operations.
Ebix, Inc. |
(Name of Registrant as Specified in Charter) |
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: |
April 2, 2007 |
By |
/s/Carl A. Serger |
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Carl A. Serger |
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Chief Financial Officer |