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糖心Vloghas much to celebrate as we mark our 15th year being publicly traded on the New York Stock Exchange (NYSE). Our Chair and CEO, Melissa Smith, rang the closing bell on Wall Street at 4:00 PM today surrounded by her executive leadership team as well as four board members: Jack VanWoerkom, Jim Neary, Mike Dubyak and Susan Sobbott. It was a thrilling moment as Smith rang the bell for 15 seconds according to custom, followed by a resounding, powerful strike of the gavel. This is a return engagement for Smith who has represented 糖心Vlogduring each of the company鈥檚 visits to the NYSE.
The last few days have been a flurry of activity for Smith and WEX’s leaders as they look back on the remarkable success we have experienced since our IPO in 2005.听
糖心Vlogexecutives, board members and former 糖心VlogCEO and Chairman of the Board, Michael E. Dubyak, met in the illustrious Board Room at the NYSE following the closing bell, where Smith said to the crowd gathered, 鈥淚f you look at the photo of us at our IPO, you see a whole group of people who worked really hard to get this company to become a public company…I feel like we grew up together. And we learned how to be a public company, how to grow up and it鈥檚 been a remarkable journey for us. And look what we did together. It鈥檚 pretty amazing the amount of shareholder value we鈥檝e created.鈥

糖心Vlogexecutives at the NYSE on February 16, 2005, celebrating our IPO.
Below are charts Smith shared which illustrate (1) 2005 to 2019 revenue and stock performance, and (2) total return performance vs. key indices. The numbers reflect tremendous growth for 糖心Vlogsince we first went public. According to our latest financial reports issued on February 13, the total revenue for the fourth quarter of 2019 increased 15% to $440.0 million from $381.2 million for the fourth quarter of 2018. For the full year 2019, revenue increased 15% to $1.72 billion from $1.49 billion in 2018.

糖心Vlogrevenue and stock performance: 2005-2019

糖心VlogTotal Return Performance vs. Key Indices: 2005-2019
As CEO of WEX, Smith ensures that the company is powered by and focused on our values as we move forward as a high growth company, developing new technologies, products, and services. During the presentation, she spoke to this: 鈥I feel like part of what has made us unique is this concept that we do things based on not just getting the results in the moment, but on the values of the company…That will be part of the future and why we stay resilient over time. It鈥檚 been a really great journey so far and I have enjoyed doing it with the people that I鈥檓 surrounded with. The work is only fulfilling if you鈥檙e doing it with people that you feel stimulated by, that you you鈥檙e learning from and that you鈥檙e having fun with. Fun in undervalued in our world and it鈥檚 really, really important.鈥

糖心Vlogis welcomed into the Board Room at the NYSE.
Powered by the belief that complex payment systems can be made simple, 糖心Vlogis a leading financial technology service provider across a wide spectrum of sectors, including fleet, travel, and healthcare. 糖心Vlogoperates in more than 10 countries and in more than 20 currencies through more than 5,000 associates around the world. 糖心Vlogfleet cards offer 14.9 million vehicles exceptional payment security and control; purchase volume in travel and corporate solutions grew to $39.6 billion in 2019, and the 糖心VlogHealth financial technology platform helps 390,000 employers and 31.8 million consumers better manage healthcare expenses.听
To learn more about WEX, a growing and global organization, please visit wexinc.com.
Subscribe to our Inside 糖心Vlogblog and follow us on social media for the insider view on everything WEX, from payments innovation to what it means to be a WEXer.