Aci Worldwide, Inc. · NASDAQ:ACIW
Aci Worldwide — Q4 2021 Earnings Presentation
14 slides from Aci Worldwide's earnings presentation, Feb 24, 2022
Slide 1: Earnings Presentation Q4 and Full Year 2021
Earnings Presentation Q4 and Full Year 2021 February 24, 2022
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 Our proven, secure and scalable software solutions ACI Worldwide enable leading corporations, fintechs and financial disruptors to: is the global leader Process and manage digital payments in mission-critical, Enable omni-commerce payments real-time pa
Slide 4: Three-Pillar Strategy
Three-Pillar Strategy Fit for Growth Focused on Growth Step-Change Value Creation We are organized and We are focusing investments We continue to build on operating with a strong focus on the biggest growth our successful history of on growth by: opportunities and continuing to mergers and acquisiti
Slide 5: FY 2021 Highlights
FY 2021 Highlights Consolidated Results Segment Results Balance Sheet Total revenue of $1.4B, up Banking revenue +12% $122M cash balance* 6% from 2020 Revolving credit facility of $500M, Adjusted EBITDA of $384M, Merchant revenue +2% Repaid $94M of debt in 2021 up 7% from 2020 $1B debt Biller revenu
Slide 6: 2022 Guidance
2022 Guidance 2022 will cement our foundation for growth acceleration 2022 Revenue Guidance 2022 adjusted EBITDA guidance Q1 2022 Revenue expected Adjusted EBITDA expected Revenue expected $1.415B - $1.435B $400M - $415M $310M - $330M Expect quarterly phasing Expect net adjusted EBITDA Adjusted EBIT
Slide 7: 2021 Quarter 4: Recognitions
2021 Quarter 4 : Recognitions Leading global industry research firms recognize ACI’s solutions leadership Best Wow Insight Most Innovative Best Online Best Application from Data Award Cloud Payment Solution in AI in Large ACI Fraud Deployment Management - Merchant Enterprise ACI Acquiring ACI Secure
Slide 8: Real-Time Payments
MCI Worldwide Real-Time Payments
Slide 9: Supplemental Financial Data
Supplemental Financial Data Three Months Ended December Years Ended 31, December 31, Recurring Revenue (millions) 2021 2020 2021 2020 SaaS and PaaS fees $ 190.8 $ 205.3 $ 774.3 $ 769.2 Maintenance fees 51.5 52.6 210.5 211.7 Recurring Revenue $ 242.3 $ 257.9 $ 984.8 $ 980.9 Three Months Ended Years E
Slide 10: Supplemental Financial Data
Supplemental Financial Data Three Months Ended Years Ended Adjusted EBITDA (millions) December 31, December 31, 2021 2020 2021 2020 Net income $ 109.5 $ 67.1 $ 127.8 $ 72.7 Plus: Income tax expense 44.9 24.3 47.3 26.0 Net interest expense 8.1 9.5 33.5 45.0 Net other (income) expense 0.3 (5.2) 1.3 1.
Slide 11: Supplemental Financial Data
Supplemental Financial Data Three Months Ended December Segment Information (millions) 31, Years Ended December 31, 2021 2020 2021 2020 Revenue Banks $ 283.4 $ 201.6 $ 625.1 $ 558.5 Merchants 37.9 39.5 153.0 149.3 Billers 145.5 145.9 592.5 586.5 Total Revenue $ 466.8 $ 387.0 $ 1,370.6 $ 1,294.3 Recu
Slide 12: Supplemental Financial Data
Supplemental Financial Data EPS impact of non-cash and significant transaction-related items Three Months Ended December 31, (millions) 2021 2020 $ in Millions $ in Millions EPS Impact (Net of Tax) EPS Impact (Net of Tax) GAAP net income $ 0.93 $ 109.5 $ 0.56 $ 67.1 Adjusted for: Significant transac
Slide 13: Non-GAAP Financial Measures
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 com
Slide 14: Forward Looking Statements
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 “belie