Aci Worldwide, Inc. · NASDAQ:ACIW
Aci Worldwide — Q2 2022 Earnings Presentation
13 slides from Aci Worldwide's earnings presentation, Aug 4, 2022
Slide 1: Q2 2022 Earnings Presentation
Q2 2022 Earnings Presentation August 4, 2022 Exhibit 99.2
Slide 2: Safe Harbor for Forward-Looking Statements
Private Securities Litigation Reform Act of 1995 Safe Harbor for Forward-Looking Statements This presentation contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. The forward-looking statements are made pursuant to safe harbor provisions
Slide 3: ACI Delivers Mission-Critical Payment Solutions
ACI Delivers Mission-Critical Payment Solutions We combine our global footprint with a local presence to drive the real-time digital transformation of payments and commerce. Our proven, secure and scalable software solutions enable leading corporations, fintechs, financial disruptors and merchants t
Slide 4: Three-Pillar Strategy
Three-Pillar Strategy We are organized and operating with a strong focus on growth by: • Adopting a simpler, flatter and more agile organizational structure • Building a powerful, best-in-class sales engine • Maintaining fewer layers between business leaders and customers We are focusing investments
Slide 5: Q2 2022 Highlights
Q2 2022 Highlights Consolidated Results Segment Results Balance Sheet * Statistics as of 6/30/2022 • Total revenue of $340M, up 13%, or 14% on a constant currency basis, from Q2 2021 • Net adjusted EBITDA margin of 28%, in line with Q2 2021 • Banking revenue up 24%, or 27% on a constant currency bas
Slide 6: Reiterating 2022 Guidance
• Revenue growth expected to be in the mid-single digits on a constant currency basis, or in the range of $1.415B - $1.435B • Adjusted EBITDA expected to be $400M - $415M • Expect net adjusted EBITDA margin slightly higher than 2021 • Revenue expected to be $310M – 325M • Adjusted EBITDA expected to
Slide 7: Q2 2022: Recognitions
Q2 2022: Recognitions Leading industry research firms and awards recognize ACI’s solutions leadership Banking Tech Awards USA Analytics Institute Ireland: Analytics & AI Awards Retail Systems Awards Microsoft Partner of the Year Awards Best Payments Solution Provider – Highly Commended ACI® Enterpri
Slide 8: Supplemental Financial Data: Recurring Revenue and ARR Bookings
Three Months Ended June 30, Six Months Ended June 30, Recurring Revenue (millions) 2022 2021 2022 2021 SaaS and PaaS fees $ 206.9 $ 196.3 $ 401.5 $ 392.1 Maintenance fees 50.6 53.2 102.0 105.5 Recurring Revenue $ 257.5 $ 249.5 $ 503.5 $ 497.6 Three Months Ended June 30, Six Months Ended June 30, Ann
Slide 9: Supplemental Financial Data: Adjusted EBITDA
Supplemental Financial Data Three Months Ended June 30, Six Months Ended June 30, Adjusted EBITDA (millions) 2022 2021 2022 2021 Net income $ 13.3 $ 6.5 $ 28.8 $ 4.6 Plus: Income tax expense (benefit) 4.4 2.0 11.1 (2.4) Net interest expense 8.8 8.4 16.5 17.0 Net other income (expense) (2.0) (1.4) (4
Slide 10: Supplemental Financial Data: Segment Information
Three Months Ended June 30, Six Months Ended June 30, Segment Information (millions) 2022 2021 2022 2021 Revenue Banks $ 141.9 $ 114.1 $ 274.1 $ 210.0 Merchants 36.5 37.4 77.5 76.1 Billers 162.0 150.2 311.8 300.8 Total Revenue $ 340.4 $ 301.7 $ 663.4 $ 586.9 Recurring Revenue Banks $ 60.7 $ 63.6 $ 1
Slide 11: EPS Impact of Non-cash and Significant Transaction-related Items
EPS Impact of Non-cash and Significant Transaction-related Items (millions) Three Months Ended June 30, 2022 2021 EPS Impact $ in Millions (Net of Tax) EPS Impact $ in Millions (Net of Tax) GAAP net income $ 0.12 $ 13.3 $ 0.05 $ 6.5 Adjusted for: Significant transaction-related expenses 0.02 2.1 0.0
Slide 12: Non-GAAP Financial Measures
To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the tables, which exclude significant transaction related expenses, as well as other significant non-cash expenses such as depreciation, amortization, and non-cash compensation, that we believe a
Slide 13: Forward-Looking Statements
This presentation contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. Generally, forward-looking statements do not relate strictly to historical or current facts and may include words or phrases such as “believes,” “will,” “expects,” “a