UNITED STATES

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-Q

ý	QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2002

OR

o	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number 0-15946

ebix.com, Inc.
(Exact name of registrant as specified in its charter)

DELAWARE		77-0021975
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

1900 E. GOLF ROAD
SCHAUMBURG, IL		60173
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code:		847-789-3047

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ý No o

Indicate the number of shares outstanding of each of the issuer’s classes of common stock as of the latest practicable date. 18,326,182 Shares as of August 7, 2002.

ebix.com, Inc. and Subsidiaries

FORM 10-Q

FOR THE QUARTER ENDED JUNE 30, 2002

INDEX

Part I — FINANCIAL INFORMATION

Item 1. Consolidated Financial Statements

Consolidated Balance Sheets at June 30, 2002 (unaudited) and December 31, 2001

Consolidated Statements of Income for the Three and Six Months ended June 30, 2002 and 2001 (unaudited)

Consolidated Statements of Cash Flows for the Six Months ended June 30, 2002 and 2001 (unaudited)

Notes to Consolidated Financial Statements (unaudited)

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Item 3. Quantitative and Qualitative Disclosures About Market Risk

PART II — OTHER INFORMATION

Item 4. Submission of Matters to a Vote of Security Holders

Item 6. Exhibits and Reports on Form 8-K

SIGNATURES

ebix.com, Inc. and Subsidiaries

Consolidated Balance Sheets
(In thousands, except for share amounts)

	June 30,			December 31,
	2002			2001
	(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$	6,254		$	6,167
Accounts receivable, less allowance of $404 and $985	2,153			2,447
Other current assets	416			253
Total current assets	8,823			8,867
Property and equipment, net	894			869
Capitalized software, net	273			327
Other assets	421			363
Total assets	$	10,411		$	10,426
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses	$	2,015		$	2,776
Accrued payroll and related benefits	325			374
Current portion of long-term debt	123			123
Current portion of capital lease obligations	116			137
Deposit liabilities	37			199
Deferred revenue	3,322			2,573
Total current liabilities	5,938			6,182
Long-term debt, less current portion	61			70
Capital lease obligation, less current portion	132			184
Other liabilities	31			95
Total liabilities	6,162			6,531
Stockholders’ equity:
Common stock, $.10 par value, 40,000,000 shares authorized, 18,326,182 shares issued and outstanding	1,833			1,833
Additional paid-in capital	86,870			86,910
Deferred compensation	(400		)	(440		)
Accumulated deficit	(84,207		)	(84,422		)
Accumulated other comprehensive income	153			14
Total stockholders’ equity	4,249			3,895
Total liabilities and stockholders’ equity	$	10,411		$	10,426

See accompanying notes to consolidated financial statements.

ebix.com, Inc. and Subsidiaries

Consolidated Statements of Income
(In thousands, except per share data)
(Unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,
	2002			2001			2002			2001

Revenue:
Software	$	559		$	730		$	984		$	1,469
Services and other	2,166			2,629			5,086			5,035
Total revenue	2,725			3,359			6,070			6,504
Operating expenses:
Services and other costs	738			1,022			1,671			1,996
Product development	424			388			1,102			1,040
Sales and marketing	268			780			783			1,456
General and administrative	1,289			1,011			2,207			1,706
Total operating expenses	2,719			3,201			5,763			6,198
Operating income	6			158			307			306
Interest income	21			30			40			52
Interest expense	(10		)	(13		)	(24		)	(43		)
Income before income taxes	17			175			323			315
Income tax expense	—			—			(108		)	—
Net income	$	17		$	175		$	215		$	315

Basic income per common share	$	0.00		$	0.01		$	0.01		$	0.03

Diluted income per common share	$	0.00		$	0.01		$	0.01		$	0.02

Basic weighted average shares outstanding	18,326			13,292			18,326			12,343

Diluted weighted average shares outstanding	18,328			13,925			18,328			12,765


See accompanying notes to consolidated financial statements.

ebix.com, Inc.
Consolidated Statements of Cash Flows
(In thousands)
(Unaudited)

	Six Months Ended June 30,
	2002			2001

Cash flows from operating activities:
Net income	$	215		$	315
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	180			203
Stock-based compensation	—			115
Provision for doubtful accounts	193			100
Changes in assets and liabilities:
Accounts receivable	101			(130		)
Other assets	(221		)	(318		)
Accounts payable and accrued expenses	(761		)	(1,436		)
Accrued payroll and related benefits	(49		)	(179		)
Deposit liabilities, deferred revenue and other liabilities	523			(828		)
Net cash provided by (used in) operating activities	181			(2,158		)
Cash flows from investing activities:
Software development costs	—			(113		)
Capital expenditures	(151		)	(42		)
Net cash (used in) investing activities	(151		)	(155		)
Cash flows from financing activities:
Proceeds from the issuance of common stock, net of issuance costs	—			6,871
Repayments of debt	(9		)	—
Repayments of capital lease obligations	(73		)	(63		)
Net cash (used in) provided by financing activities	(82		)	6,808
Effect of foreign exchange rates on cash	139			(48		)
Net change in cash and cash equivalents	87			4,447
Cash and cash equivalents at the beginning of the period	6,167			3,060
Cash and cash equivalents at the end of the period	$	6,254		$	7,507

Supplemental disclosures of cash flow information:
Interest paid	$	21		$	30
Income taxes paid	20			—

See accompanying notes to consolidated financial statements.

ebix.com, Inc. and Subsidiaries

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

Note 1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation - These financial statements are unaudited and reflect all adjustments (consisting only of normal recurring adjustments) which are, in the opinion of management, necessary for a fair presentation of the results of the interim periods.

These financial statements should be read in conjunction with the consolidated financial statements, and accompanying notes thereto, included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2001.

The results of operations for the current interim period are not necessarily indicative of results to be expected for the entire current year.

Summary of significant accounting policies— Service revenue related to ebixASP is recognized over the term of the subscription agreement. ebix.mall referral, acceptance and transaction fees are recognized as revenue as the transactions occur and revenue is earned. Revenue is only recognized when collectibility is reasonably assured.

In July 2001, the Financial Accounting Standards Board (“FASB”) issued Statement of Financial Accounting Standard (“SFAS”) No. 142, “Goodwill and Other Intangible Assets” (“SFAS 142”), which supercedes APB Opinion No. 17, “Intangible Assets.” SFAS 142 addresses how intangible assets acquired individually or with a group of other assets (but not those acquired in a business combination) should be accounted for in financial statements upon their acquisition. SFAS 142 also addresses how goodwill and other intangible assets should be accounted for after they have been initially recognized in the financial statements. The provisions of SFAS 142 are required to be applied starting with fiscal years beginning after December 15, 2001. SFAS 142 is required to be applied at the beginning of the entity’s fiscal year and to be applied to goodwill and other intangible assets recognized in its financial statements at that date. As of January 1, 2002, the Company adopted SFAS 142 which eliminated the requirement to amortize goodwill. As of January 1, 2002, the date of adoption, the Company had unamortized goodwill in the amount of approximately $123,000, which has been subjected to the transition provisions, including the phase-in impairment test, of SFAS 142 and will not be amortized going forward. The following table is a reconciliation of reported net loss and basic and diluted loss per share to adjusted net income and basic and diluted loss per share reflecting the impact if SFAS 142 had been effective for the three months and six months ended June 30, 2001:

	Three Months Ended June 30,				Six Months Ended June 30,
	2002		2001		2002		2001

Reported net income	$	17,000	$	175,000	$	215,000	$	315,000
Goodwill amortization	—		47,000		—		95,000
Adjusted net income	$	17,000	$	222,000	$	215,000	$	410,000

Per share data — basic and diluted
Reported net income	$	0.00	$	0.01	$	0.01	$	0.03
Goodwill amortization	—		0.00		—		0.01
Adjusted net income	$	0.00	$	0.01	$	0.01	$	0.04

In October 2001, the FASB issued SFAS No. 144, “Accounting for the Impairment or Disposal of Long-Lived Assets” (“SFAS 144”). SFAS 144 addresses financial accounting and reporting for the impairment or disposal of long-lived assets. While SFAS 144 supersedes SFAS No. 121, “Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of,” it retains many of the fundamental provisions of that statement. SFAS 144 also supersedes the accounting and reporting provisions of

Accounting Principles Board (“APB”) Opinion No. 30, “Reporting the Results of Operations-Reporting the Effects of Disposal of a Segment of a Business, and Extraordinary, Unusual and Infrequently Occurring Events and Transactions” (“Opinion No. 30”), for the disposal of a segment of a business. However, it retains the requirement of Opinion 30 to report separately discontinued operations and extends that reporting to a component of an entity that either has been disposed of (by sale, abandonment, or in a distribution to owners) or is classified as held for sale. SFAS 144 is effective for fiscal years beginning after December 15, 2001 and interim periods within those fiscal years. The Company has adopted SFAS 144 and it has had no impact on the consolidated financial statements.

Note 2. STOCK OPTIONS AND WARRANTS

During the second quarter of 2002 the Company granted options to purchase a total of 18,000 shares to directors at the market price of the Company’s common stock at the date of grant. During first quarter of 2002, the Company did not grant any stock options.

Prior to 2002 the Company granted nonstatutory and incentive options outside the Company’s stock option plan to persons who were not directors, officers or employees to purchase up to an aggregate of 230,999 shares of common stock that are outstanding at June 30, 2002. These options were granted at prices determined by the Board of Directors (no less than 100 percent of the market price on the date of grant). The options are exercisable within ten years of the date of the grant. These non-employee options were valued using the fair value method as prescribed by SFAS No. 123 using the following assumptions: volatility of 175%, risk free interest rate of 4.8% and a 10 year term. Options issued prior to 2001 are performance-based awards, with no service commitment and subject to vesting only if the Company’s stock price reaches a certain level. Options issued in 2001 vest over 4 years, but vesting accelerates if a performance target is obtained. At June 30, 2002, non-employee options to purchase 154,299 shares were vested. The Company recognized compensation expense of approximately $0 and $47,000 related to these options during the six-month periods ended June 30, 2002 and June 30, 2001, respectively. The Company recognized a credit to compensation expense of approximately $2,000 and $74,000 related to these options during the three-month periods ended June 30, 2002 and June 30, 2001, respectively.

During 1999, in connection with an agreement with Hewlett-Packard, the Company granted warrants to Hewlett-Packard. Expense of $73,000 was recognized during the six-month period ended June 30, 2001 as a result of these warrants. In May 2001, the Hewlett-Packard warrants terminated when the Promotion Agreement was terminated. Accordingly, no expense related to such warrants was recognized in the first or second quarter of 2002.

Note 3. EARNINGS PER SHARE

Basic earnings per share (“EPS”) is equal to net income divided by the weighted average number of shares of common stock outstanding for the period. Diluted EPS is calculated as if the Company had additional common stock outstanding from the beginning of the year or the date of grant (if later) for all common stock equivalents, net of assumed repurchased shares using the treasury stock method. Diluted EPS recognizes the dilutive effect of common stock equivalents and is equal to net income divided by the sum of the weighted average number of shares outstanding and common stock equivalents. For the three and six months ended June 30, 2002 and 2001, the Company’s common stock equivalents consisted of stock options. For the three and six months ended June 30, 2002, the effect of the calculation resulted in an increase in the weighted average number of shares outstanding of 1,764 and 1,533, respectively. At June 30, 2002, there were 2,950,905 shares potentially issuable with respect to stock options which could dilute Basic EPS in the future.

Note 4. COMPREHENSIVE INCOME

	Three Months Ended June 30,					Six Months Ended June 30,
	2002		2001			2002		2001

Net income	$	17,000	$	175,000		$	215,000	$	315,000
Other comprehensive income:
Foreign currency translation adjustment	123,000		(58,000		)	139,000		(48,000		)
Comprehensive income	$	140,000	$	117,000		$	354,000	$	267,000

Note 5. RELATED PARTY TRANSACTIONS

On April 27, 2001, the Company consummated the first closing contemplated by an agreement with BRiT Insurance Holdings PLC (“BRiT”). Pursuant to the agreement, ebix issued 2,240,000 shares of its common stock to BRiT for $2,800,000. As a result of the first closing, BRiT acquired approximately a 16.4 percent equity ownership interest in the Company, becoming its largest stockholder. On June 29, 2001, the Company consummated a second and final closing with BRiT. Pursuant to this closing, ebix issued 4,704,000 shares of ebix common stock to BRiT in return for cash consideration of $4,200,000 and BRiT’s transfer to ebix of approximately half of its common stock investment in Insurance Broadcast Systems Inc. (“IBS”), representing a 28 percent equity ownership interest in IBS. This final closing brought BRiT’s total cash investment in ebix to $7,000,000 and increased its equity ownership to approximately 38 percent. During 2001, the Company entered into various software and service agreements with BRiT and recognized revenues which totaled approximately $639,000. During the first quarter of 2002, the Company entered into an addendum to the agreements and recognized revenues of $587,000 related to the provision of software services to BRiT. During the second quarter of 2002, the Company recognized revenues of $36,000 related to the provision of software services to BRiT. Accordingly, services and other revenue for the six months ended June 30, 2002 includes $623,000 relating to this agreement.

Note 6. INDIA SUBSIDIARY

In May 2002, the Company established ebix Software India, Private Limited. The purpose of this subsidiary, which is located in Delhi, India, will be to move product development in-house as opposed to being outsourced.

Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following information should be read in conjunction with the unaudited consolidated financial statements and the notes thereto included in Part 1. Item 1 of this Quarterly Report, and the consolidated financial statements and notes thereto and Management’s Discussion and Analysis of Financial Condition and Results of Operations contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2001.

Liquidity and Capital Resources

The Company had cash and cash equivalents of $6,254,000 compared to $6,167,000 at December 31, 2001.

During the six months ended June 30, 2002, the Company experienced positive operating cash flow of $181,000. The Company believes that existing cash resources and funds from operations will be sufficient to fund the liquidity needs of the Company for at least the next twelve months.

The following summarizes our contractual obligations at June 30, 2002, and the effect such obligations are expected to have on our liquidity and cash in future periods:

			Payments Due by Period
			Less Than				After
Contractual Obligations:	Total		1 Year		1 - 3 Years		3 Years

Installment note	$	78	$	17	$	61	—

Non-compete note payable	106		106		—		—

Non-cancelable operating leases	2,327		726		1,491		110

Non-cancelable capital leases	248		116		132		—

Total contractual cash obligations	$	2,759	$	965	$	1,684	$	110

Non-compete Note Payable — The Company entered into a non-compete agreement in connection with a January 1991 acquisition. The final installment of $400,000 was due on January 31, 1997, but was subsequently converted to an 11.75% interest bearing unsecured note. The remaining installment of $106,000 was due in the first quarter of 2001 and to date has not been paid.

Installment note payable — In the third quarter of 2001, the Company obtained a $92,539 installment loan from American National Bank with an interest rate of 7.5% per annum. Monthly installment payments of $1,854 are due on the last day of the month through July 2, 2006 at which time the sum of the remaining payments are due. As part of this agreement, the bank has a security interest in the cash receipts in the Company’s bank accounts. As of June 30, 2002, the outstanding balance of the note was approximately $78,000, of which the current portion was approximately $17,000 and the non-current portion was approximately $61,000.

Three Month Period Ended June 30, 2002 Compared to the Three Month Period Ended June 30, 2001

Total Revenue - The Company’s revenue is derived from the licensing and sale of proprietary software and third party software (“Software”) and from professional services and support services (“Services”). Professional services include consulting, implementation, training and project management provided to the Company’s customers with installed systems and those in the process of installing systems. Included in Services are fees for policy acceptance and transaction fees generated from the ebix.mall website. Total revenue for the quarter ended June 30, 2002 decreased $634,000 or 18.9% to $2,725,000 from $3,359,000 for the comparable quarter of the prior year.

The Company expects to continue to generate increased traffic to its website reflecting increased familiarity and recognition by consumers. However, there can be no assurance of the volume of traffic or amount of revenue that the ebix.com website will generate.

In January 2001, the Company began marketing the ebixASP product, and it became available in January 2002. ebixASP is a web-enabled system for insurance agencies to manage their business. This product is expected to generate revenues through initial registration, custom programming and ongoing monthly subscription fees based on the number of personnel accessing the software on a concurrent basis. The Company expects to enter into several joint ventures to expand the sale of ebixASP worldwide. ebixASP began generating revenue from custom programming in the first quarter of 2002, however, there can be no assurances of the amount of revenue that the ebixASP product will generate in the future.

Software Revenue - Software revenue is comprised of revenue from the sale of ebix (formerly “cd”) products, current legacy products, and other third party software. Total software revenue for the second quarter of 2002 decreased $171,000 or 23.4% from the comparable quarter of the prior year. This decrease was due to a decrease in software sales. As the Company has changed its focus to e-commerce products and services, the Company expects future revenue to be comprised primarily of service revenue.

Services Revenue — Total services revenue for the second quarter of 2002 decreased $463,000 or 17.6 % from the comparable quarter of the prior year. This decrease was due to an expected decrease in support revenue associated with legacy products due to a trend of declining renewals for these older product offerings. Although a majority of services revenues for the second quarter of 2002 were derived from legacy product support, the Company expects that future services revenue will be derived from this support as well as ebixASP registration and monthly fees, custom programming, conversion, training and all transaction revenues from ebix.mall and ebix exchange (Ins-Site).

Services and other costs - Cost of services revenue includes costs associated with support, consulting, implementation and training services. Total services and other costs for the quarter decreased $284,000 or 27.8% from the comparable quarter of the prior year. This decrease was related to the reduction in staffing levels for consultants, trainers and support staff.

Product Development Expenses - Total product development expenses for the second quarter of 2002 increased $36,000 or 9.3% from the comparable quarter of the prior year. This increase was due to an increase in expenses related to an increase in staffing levels. The

Company has established a subsidiary located in Delhi, India. The Company intends to redirect product development activities to this subsidiary that are currently being outsourced, which is anticipated to result in lower development expenses.

Sales and Marketing Expenses - Total sales and marketing expenses for the second quarter of 2002 decreased $512,000 or 65.6% from the comparable quarter of the prior year. This decrease was attributable to reduced spending on marketing.

General and Administrative Expenses —Total general and administrative expenses for the quarter increased $278,000 or 27.5% from the comparable quarter of the prior year. This increase was due to an increase in communication expenses, professional fees and the allocation of a greater portion of facility expenses.

Six Month Period Ended June 30, 2002 Compared to the Six Month Period Ended 2001

Total Revenue - Total revenue for the six-month period ended June 30, 2002 decreased $434,000 or 6.7% to $6,070,000 from $6,504,000 the comparable period of the prior year.

Software Revenue - Total software revenue for the six-month period ended June 30, 2002 decreased $485,000 or 33.0% from the comparable period of the prior year. This decrease was primarily due to the recognition in the six-month period ended June 30, 2001 of non-recurring revenue that had been deferred from a prior period of $445,000 and a decrease in software sales.

Services Revenue — Total services revenue for the six-month period ended June 30, 2002 increased $51,000 or 1.0 % from the comparable period of the prior year. This increase was due to the generation of revenue from BRiT partially offset by the recognition in the six month period ended June 30, 2001 of non-recurring revenue that had been deferred in prior periods of $316,000, in addition to a decrease in support revenue associated with legacy products due to a trend of declining renewals for these older product offerings.

Services and other costs - Total services and other costs for the six-month period ended June 30, 2002 decreased $325,000 or 16.3% from the comparable period of the prior year. This decrease was related to the reduction in staffing levels for consultants, trainers and support staff.

Product Development Expenses - Total product development expenses for the six-month period ended June 30, 2002 increased $62,000 or 6.0% from the comparable period of the prior year. This increase was due to an increase in expenses related to an increase in staffing levels.

Sales and Marketing Expenses - Total sales and marketing expenses for the period decreased $673,000 or 46.2% from the comparable period of the prior year. This decrease was attributable to reduced spending on marketing.

General and Administrative Expenses —Total general and administrative expenses for the period increased $501,000 or 29.4% from the comparable period of the prior year. This increase was due to an increase in communication expenses, bad debt expense, salary expense and the allocation of a greater portion of facility expenses.

Safe Harbor for Forward-Looking Statements under the Securities Litigation Reform Act of 1995 - This Quarterly Report on Form 10-Q contains various forward-looking statements and information that are based on management’s beliefs, as well as assumptions made by and information currently available to management, including statements regarding future economic performance and financial condition, liquidity and capital resources, acceptance of the Company’s products by the market and management’s plans and objectives. We have tried to identify such forward looking statements by use of words such as “expects,” “anticipates,” “plans,” and “believes” and similar expressions, but these words are not the exclusive means of identifying such statements. Such statements are subject to various risks, uncertainties and other factors which could cause actual results to vary materially from

those expressed in, or implied by, the forward looking statements. Such risks, uncertainties and other factors include the extent to which the Company’s ebix.com website and other new products can be successfully developed and marketed, the possible effects of the Securities and Exchange Commission’s investigation of the Company’s financial reporting, the risks associated with any future acquisitions, the possible delisting from The Nasdaq Stock Market, the willingness of independent insurance agencies to outsource their computer and other processing needs to third parties, the Company’s ability to continue to develop new products to effectively address market needs in an industry characterized by rapid technological change, the Company’s dependence on the insurance industry (and in particular independent agents), the highly competitive and rapidly changing automation systems market, the Company’s ability to effectively protect its applications software and other proprietary information, the Company’s ability to attract and retain quality management, and software, technical sales and other personnel, the risks of disruption of the Company’s Internet connections or internal service problems, the possibly adverse effects of a substantial increase in volume of traffic on the Company’s website, mainframe and other servers, possible security breaches on the Company’s website, the possible effects of insurance regulation on the Company’s business and possible future terrorist attacks or acts of war. Certain of these, as well as other risks, uncertainties and other factors are described in more detail in the Company’s Annual Report on Form 10-K for the year ended December 31, 2001 in Part I Item 1. The Company undertakes no obligation to update publicly any such factors or any of the forward-looking statements contained herein to reflect changed circumstances or future events or developments or for any other reason.

Item 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

There have been no material changes in the Company’s market risk during the six months ended June 30, 2002. For additional information on market risk, refer to the “Quantitative and Qualitative Disclosures About Market Risk” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2001.

Part II — OTHER INFORMATION

Item 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

At the Company’s Annual Meeting of Stockholders, held on May 31, 2002, the following members were elected to the Company’s Board of Directors, each by the respective vote indicated at the right of such nominee’s name:

Nominee	For	Authority
		Withheld
William R. Baumel	16,373,719	99,995
Douglas C. Chisholm	16,375,719	97,995
Dennis Drislane	16,375,519	98,195
Larry G. Gerdes	16,375,519	98,195
Robin Raina	16,373,309	100,405
William G. Rich	16,373,719	99,995

Item 6. EXHIBITS AND REPORTS ON FORM 8-K

(a) Exhibits

99.1 Certification of Chief Executive Officer Pursuant to Section 906 of the Sabanes-Oxley Act of 2002.

99.2 Certification of Chief Financial Officer Pursuant to Section 906 of the Sabanes-Oxley Act of 2002.

(b) Reports on Form 8-K

The Company did not file any current reports on Form 8-K during the second quarter of 2002.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


	ebix.com, Inc.


Date: August 13, 2002	By
		/s/ Richard J. Baum
		Richard J. Baum Executive Vice President — Finance & Administration, Chief Financial Officer (principal financial and accounting officer), and Secretary

EXHIBIT INDEX

EXHIBIT NO.		DESCRIPTION

99.1		Certification of Chief Executive Officer Pursuant to Section 906 of the Sabanes-Oxley Act of 2002
99.2		Certification of Chief Financial Officer Pursuant to Section 906 of the Sabanes-Oxley Act of 2002

EBIX INC - Quarter Report: 2002 June (Form 10-Q)

The following summarizes our contractual obligations at June 30, 2002, and the effect such obligations are expected to have on our liquidity and cash in future periods: