Aci Worldwide, Inc. · NASDAQ:ACIW
Aci Worldwide — Q3 2021 Earnings Presentation
15 slides from Aci Worldwide's earnings presentation, Nov 4, 2021
Slide 1: Q3 2021 Earnings Presentation
Q3 2021 Earnings Presentation November 4, 2021 Exhibit 99.2
Slide 2: Safe Harbor for Forward-Looking Statements
Private Securities Litigation Reform Act of 1995 Safe Harbor for Forward-Looking Statements 2 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 provisio
Slide 3: ACI Delivers Mission-Critical Payment Solutions
ACI Delivers Mission-Critical Payment Solutions We combine our global footprint with local presence to drive the real-time digital transformation of payments and commerce. ACI Worldwide is a global software company that provides mission-critical real-time payment software to corporations. Customers
Slide 4: Three-Pillar Strategy Re-Cap
Three-Pillar Strategy Re-Cap 4 Fit for Growth Focused on Growth Step-Change Value Creation 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 • Fewer layers between b
Slide 5: 3Q Results Highlights
3Q Results Highlights 5 3Q Results Segment Results Balance Sheet Recurring revenue $245M, +1% from Q3 2020 Net new ARR growth of 50% Total revenue $317M, up slightly from Q3 2020 Banking recurring revenue +2% Merchant recurring revenue +11% Biller recurring revenue -2%, impacted by tax payment deadl
Slide 6: FY2021 Guidance
FY2021 Guidance 99% of FY 2021 revenue guidance already signed 6 Increasing 2021 Revenue Guidance Expect the high end of 2021 adjusted EBITDA guidance Revenue estimated at $1.355B - $1.360B Adjusted EBITDA estimated at $380M - $385M Up from $1.335B to $1.345B Up from $375M - $385M Expect to achieve
Slide 7: 2021 Quarter 3: Key Wins Across the World
2021 Quarter 3: Key Wins Across the World 7 North and Latin America Africa Middle East Asia Banks & Intermediaries Europe Merchant Biller Traction in mature and emerging markets
Slide 8: 2021: Recognition + Patent in the Quarter
2021: Recognition + Patent in the Quarter Leading global industry research firms recognize ACI’s solutions leadership 8 Best-in-Class Ranking 2021 Aite Matrix: Leading U.S. Cash Management Vendors 3 Juniper Research Awards Future Digital Awards 2021 Fintech & Payment Technology Leader Quadrant Knowl
Slide 9: Real-Time Payments
Real-Time Payments
Slide 10: Recurring Revenue and ARR Bookings Supplemental Financial Data
10 Three Months Ended September 30, Nine Months Ended September 30, Recurring Revenue (millions) 2021 2020 2021 2020 SaaS and PaaS fees $ 191.5 $ 190.4 $ 583.5 $ 563.9 Maintenance fees 53.5 53.0 159.1 159.1 Recurring Revenue $ 245.0 $ 243.4 $ 742.6 $ 723.0 Three Months Ended September 30, Nine Month
Slide 11: Adjusted EBITDA Reconciliation
11 Adjusted EBITDA (millions) Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Net income $ 13.8 $ 15.9 $ 18.3 $ 5.5 Plus: Income tax expense 4.7 6.7 2.3 1.7 Net interest expense 8.4 10.0 25.4 35.5 Net other (income) expense 1.1 (1.4) 1.0 6.4 Depreciation expense
Slide 12: Segment Information
12 Segment Information (millions) Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Revenue Banks $ 131.7 $ 125.7 $ 341.7 $ 356.9 Merchants 39.0 40.8 115.1 109.9 Billers 146.2 149.4 447.0 440.5 Total Revenue $ 316.9 $ 315.9 $ 903.8 $ 907.3 Recurring Revenue Banks $
Slide 13: EPS Impact of Non-cash and Significant Transaction-related Items
13 EPS Impact of Non-cash and Significant Transaction-related Items (millions) Three Months Ended September 30, 2021 2020 EPS Impact $ in Millions (Net of Tax) EPS Impact $ in Millions (Net of Tax) GAAP net income $ 0.12 $ 13.8 $ 0.13 $ 15.9 Adjusted for: Significant transaction-related expenses 0.0
Slide 14: Non-GAAP Financial Measures
14 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 believ
Slide 15: Forward-Looking Statements
15 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,”