FIS discloses Worldpay Business financials; 2022 revenue $5.0B, net loss $17.8B from $17.6B goodwill impairment

Fidelity National Information Services, Inc.

Revenue $5,009M in 2022, $4,816M in 2021; cost of revenue $3,082M and $3,188M respectively.
Net loss attributable to Worldpay Business $17,798M in 2022, primarily due to $17.6B goodwill impairment for Merchant Solutions.
Goodwill balance fell from $39.8B (2021) to $20.9B (2022); total assets $39.2B vs $58.1B.
Financials for spin-off/partial sale: FIS plans to sell 55% of Merchant Solutions to GTCR; audited FY2022 and unaudited H1 2023 provided.
Worldpay Business includes both Issuer Solutions and Merchant; historical results may not reflect standalone performance.

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