Slide 1: Investor Presentation February 2015
TECHNOLOGY | INNOVATION | SOLUTIONS Investor Presentation February 2015
Slide 2: Forward-looking Statements & Non-GAAP Financial Information
TECHNOLOGY | INNOVATION | SOLUTIONS Forward-looking Statements & Non-GAAP Financial Information 2 Forward-Looking Language This presentation and all publicly available documents, including the documents incorporated herein and therein by reference, contain, and our officers and representatives may f
Slide 3: Key Financial Statistics
TECHNOLOGY | INNOVATION | SOLUTIONS Key Financial Statistics 3 •Adjusted Operating Income ^ Market Stats Stock Price (2/19/15) $9.93 Diluted Shares Outstanding 22.3M 52 Week High $15.30 Diluted Market Capitalization $221M 52 Week Low $9.75 Total Debt (at 12/31/2014) $0M Average Daily Volume (3 month
Slide 4: Agilysys Builds Lasting Connections
TECHNOLOGY | INNOVATION | SOLUTIONS Agilysys Builds Lasting Connections Transforming the guest experience Team Customers / Guests Community Investors Connecting Our customers with their guests Our customers with our team Our team with their communities Lasting Connections Our products allow customer
Slide 5: Key In-Market Product Offerings
TECHNOLOGY | INNOVATION | SOLUTIONS Key In-Market Product Offerings Workforce Management (Staff) 2% of Revenue Property Management (Book, Arrive, Order) 23% of Revenue Point-of-Sale (Order) 62% of Revenue Inventory & Procurement (Procure) 10% of Revenue Document Management (Order, Procure) 3% of Rev
Slide 6: Key Differentiators
TECHNOLOGY | INNOVATION | SOLUTIONS 6 Key Differentiators The best hospitality knowledge coupled with the best technology talent Competitive Strengths Scalability Support deployments from single lane café (POS) to 8,000 room property (PMS) on a single instance Scalability Scalability High levels of
Slide 7: Next Generation Product Offerings
TECHNOLOGY | INNOVATION | SOLUTIONS Next Generation Product Offerings Agilysys’ Unified Platform for Delivering its Next Generation Offerings Promote Staff Survey Promote Supply Seat Reserve Seat Stay Buy Stay Upsell Profile Analyze NextGen Offering Today’s Offering Guest Lifecycle Pay Suggest Order
Slide 8: Total Addressable Market
TECHNOLOGY | INNOVATION | SOLUTIONS Total Addressable Market 8 $12B+ Market Opportunity $4B Addressed Market AGYS Projected product roadmap opens to total addressable market Expected 5-7% annual growth for industry (commissioned IHL and STR study)
Slide 9: Significant Room for Growth in Markets We Serve
TECHNOLOGY | INNOVATION | SOLUTIONS Significant Room for Growth in Markets We Serve 9 $4B in annual spending on existing software services and recurring software maintenance for current product portfolio Gaming Pinnacle Entertainment Casino Del Sol Sands Casino & Resort Boyd Gaming The Cosmopolitan
Slide 10: M&A Strategy
TECHNOLOGY | INNOVATION | SOLUTIONS M&A Strategy • Focus is on software enabled solutions for hospitality markets that support the guest lifecycle and next generation rGuest product vision • Keys to success for M&A • Talent – management capacity and industry-leading talent • Technology – extend our
Slide 11: Historical Financial Results
TECHNOLOGY | INNOVATION | SOLUTIONS Historical Financial Results 11 All numbers in thousands, except per share data *All historical numbers reflect the sale of RSG and UK entity **TTM for the twelve month period ended December 31, 2014 ^ Non-GAAP measure, see reconciliation on slide 16 $82,051 $94,0
Slide 12: Recurring Revenue Contribution Focus
TECHNOLOGY | INNOVATION | SOLUTIONS Recurring Revenue Contribution Focus 12 FY11 FY12 FY13 FY14 TTM* 48.9% 55.3% 52.2% 52.5% 54.3% 36.2% 28.9% 33.0% 34.2% 30.5% 14.9% 15.8% 14.8% 13.3% 15.2% Product Mix (as % of total revenue) Recurring Revenue (support, maintenance & subscription) Product Revenue P
Slide 13: Strong Balance Sheet
TECHNOLOGY | INNOVATION | SOLUTIONS Strong Balance Sheet 13 Consolidated Balance Sheet (unaudited) in thousands December 31, 2014 March 31, 2014 Cash, cash equivalents and marketable securities $74,124 $99,566 Other current assets 24,962 30,288 Long-term assets 75,531 61,041 Total assets $174,617 $1
Slide 14: FY15 Outlook
TECHNOLOGY | INNOVATION | SOLUTIONS FY15 Outlook • Revenue Outlook • Flat to slightly below prior year result of $101.3M • AOI Outlook • Reflecting our updated outlook for Fiscal 2015 full year revenue, we expect to record an adjusted operating loss for the year 14
Slide 15: Investment Highlights
TECHNOLOGY | INNOVATION | SOLUTIONS Investment Highlights Agilysys’ solutions drive substantial customer benefits including increased revenue, reduced cost, enhanced guest experiences, and improved morale Significant growth opportunities through cross-selling, next-gen SaaS product rollout, new
Slide 16: Non-GAAP Reconciliation
TECHNOLOGY | INNOVATION | SOLUTIONS Non-GAAP Reconciliation 16 2012 2013 2014 TTM* Operating loss (45,840)$ (9,307)$ (6,188)$ (9,398)$ Share-based compensation expense 2,397 1,638 2,119 2,424 Amortization of intangibles 3,585 3,284 6,414 5,455 Asset impairments and related charges 9,681 120 327 - Im