Slide 1: Fiscal 2011 Unaudited Third Quarter Results
Exhibit 99.2 Agilysys, Inc. (Nasdaq: AGYS) Fiscal 2011 Unaudited Third Quarter Results February 2, 2011
Slide 2: Forward looking statements & non-GAAP financial information
Forward looking statements & non-GAAP financial information Forward-Looking Language This presentation contains certain management expectations, which may constitute forward-looking information within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities and Exchang
Slide 3: Highlights
Highlights Continued focus on accelerating software and services sales Demand environment has improved —fiscal-to-date revenue increased 7% over prior year Q3 revenue increased 1% compared with fiscal year 2010, driven by software and services Gross margin was 21.5% down from 23.2% in prior-year qua
Slide 4: Q3 review: consolidated results
Q3 review: consolidated results Statement of Operations ($Mil., except per share) Q3 Year-over-Year Commentary Three Months Ended December 31, Revenue increased 1%; hardware decreased by 2010 2009 % Net sales $217.0 $215.8 0.6% 2%, software increased by 7% and services Cost of goods sold ¹ $170.3 $1
Slide 5: Q3 review: Hospitality ("HSG")
Q3 review: Hospitality (“HSG”) HSG Segment Profit ($Mil.) Q3 Year-over-Year Commentary Three Months Ended December 31, Revenue increased 8% from prior year due to 2010 2009 % higher software and services sales Net sales $24.3 $22.5 8.2% Cost of goods sold ¹ $11.0 $8.2 34.2% Gross margin decreased du
Slide 6: Q3 review: Retail ("RSG")
Q3 review: Retail (“RSG”) RSG Segment Profit ($Mil.) Q3 Year-over-Year Commentary Three Months Ended December 31, Revenue decreased 8% primarily due to lower 2010 2009 % hardware sales Net sales $34.3 $37.4 (8.2%) Cost of goods sold $28.5 $30.0 (4.8%) Gross margin contracted due to lower services Gr
Slide 7: Q3 review: Technology ("TSG")
Q3 review: Technology (“TSG”) TSG Segment Profit ($Mil.) Q3 Year-over-Year Commentary Three Months Ended December 31, Revenue increased 2% due to higher software 2010 2009 % and services attach rates Net sales $158.3 $155.9 1.6% Cost of goods sold $130.8 $127.6 2.5% Gross margin contracted 70 basis
Slide 8: Q3 review: Corporate
Q3 review: Corporate Corporate Segment ($Mil.) Q3 Year-over-Year Commentary Three Months Ended December 31, SG&A, excl. depr. & amort., increased $2.9M 2010 2009 $ Prior-year quarter included $1.6M one-time SG&A (excl. depr. & amort.) $6.8 $3.9 $2.9 Depreciation & amortization $1.3 $1.2 $0.1 credit
Slide 9: FY11 fiscal-to-date ("FTD") review: consolidated results
FY11 fiscal-to-date (“FTD”) review: consolidated results Statement of Operations ($Mil., except per share) FTD Year-over-Year Commentary Fiscal Year December 31, Revenuegrew approximately 7%—HSGgrew 2010 2009 % Net sales $531.7 $498.5 6.7% 10%, RSG 2% and TSG 7% Cost of goods sold ¹ $410.3 $372.8 10
Slide 10: FY11 Q3 review: summary balance sheet performance
FY11 Q3 review: summary balance sheet performance Working Capital ($Mil.) Commentary Receivables Inventory Working capital as % of sales $225 15% $210.3 Cashat quarter-end was $45.3M—up $6.2M from September 2010 $182.6 $180 12% Days sales outstanding increased from 77 days $157.6 at 9/30/10 to 87 da
Slide 11: Rolling twelve-month revenue
Rolling twelve-month revenue HSG Revenue ($Mil.) RSG Revenue ($Mil.) $100 $120 $116 $111 $111 $113 $91 $91 $90 $90 $108 $88 $106 $86 $103 $80 $83 $96 $60 $72 $40 $48 $20 $24 Jun '09 Sep '09 Dec '09 Mar '10 Jun '10 Sep '10 Dec '10 Jun '09 Sep '09 Dec '09 Mar '10 Jun '10 Sep '10 Dec '10 TSG Revenue ($
Slide 12: FY11 Outlook
FY11 Outlook Expect FY11 revenue of $690M to $710M Expect FY11adjusted EBITDA¹of $3Mto $6M Expect cash on hand as of March 31, 2011 to be $60M to $75M Depreciation and amortization is forecast to be $13.0M to $13.5M Stock compensation expense is expected to be approximately $3.5M, which is expensed
Slide 13: Fiscal 2011 Unaudited Third Quarter Results
Agilysys, Inc. (Nasdaq: AGYS) Fiscal 2011 Unaudited Third Quarter Results February 2, 2010
Slide 14: Reconciliation of net income/(loss) to adjusted EBITDA
Reconciliation of net income/(loss) to adjusted EBITDA Three Months Ended Nine Months Ended (In thousands) December 31, December 31, 2010 2009 2010 2009 Net income (loss) $ 1,998 $ 13,607 $ (10,468) $ 4,047 Plus: Interest expense, net 295 259 819 661 Income (benefit) tax expense (110) (410) 4,439 59