Usio, Inc. · NASDAQ:USIO
Usio — Payment Data Systems — Shareholder Meeting (June 2017)
22 slides from Usio's shareholder meeting presentation, Jun 8, 2017
Slide 1: Annual Shareholder Meeting June 2017
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Annual Shareholder Meeting June, 2017
Slide 2: Forward Looking Statements Disclosure
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Forward Looking Statements Disclosure Except for historical information herein, matters set forth in this presentation are forward - looking within the meaning of the “safe harbor” provisions of the Private Securities Litigati
Slide 3: Louis Hoch, President and CEO
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Louis Hoch President and CEO
Slide 4: Payment Data Systems Overview
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Payment Data Systems is a next - generation integrated, custom payment solutions provider for merchants, billers , banks, service bureaus and card issuers. PYDS (NASDAQ) Overview Management & Team 21 Employees NASDAQ Price at
Slide 5: Company Highlights
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Company Highlights 4 Positive Adjusted EBITDA 1 Leading provider of ACH and credit card payment processing in niche verticals No debt Clean capital s tructure Blue chip customers Growth company in booming online and mobile pay
Slide 6: Three Pillars of Business
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Three Pillars of Business Prepaid Card Processor & Program Manager Payment Processing Credit, Debit and ACH Social Payment Provider & Prepaid Card Program Manager 6 1 For the six months ending June 30, 2016 2 As of June 30, 20
Slide 7: What We Do
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) What We Do Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) 7 ACH Processing Credit Card Processing Prepaid Card Issuing Bill Payment Processing ACH Origination eCheck Conversion Processing NSF Returne
Slide 8: Transactions Processed per Year
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Transactions Processed per Year 8 2012 2013 2014 2015 8.6 2.7 13.0 24 % CAGR Since 2011 Millions 12.4 2016 14.3
Slide 9: Dollars Processed per Year
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Dollars Processed per Year 9 2012 2013 2014 2015 $ 257 $ 630 $ 2,978 $ 3,300 70 % CAGR Since 2011 USD Millions 2016 $ 2,916
Slide 10: Houston Frost, SVP Prepaid Processing
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Houston Frost Senior Vice President, Prepaid Processing
Slide 11: Three Core Products: Custom Prepaid Program Management
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Three Core Products: Custom Prepaid Program Management Incentive, Promotional and Disbursement Cards Akimbo: Consumer Card Program
Slide 12: Next-Generation Prepaid Card Solution
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) 12 Launch your own next - generation prepaid card solution to serve the unique needs of your customers. Program Management Services: Program Management Processing Web and Mobile Applications Customer Service Program Types: Con
Slide 13: Incentive and Promotional Cards
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) 13 Pioneering the digital incentive, promotional and gift card to lower costs and improve the customer experience. Incentive and Promotional
Slide 14: Akimbo
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Akimbo This Card is issued by Sunrise Banks N.A., St. Paul, MN 55103, Member FDIC, pursuant to a license from MasterCard Internation al Incorporated. This card may be used everywhere Debit MasterCard is accepted. Use of this c
Slide 15: Tom Jewell, SVP, CFO
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Tom Jewell Senior Vice President, CFO
Slide 16: Growth Strategies
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Growth Strategies 16 Organic ACH n etwork expansion Platform innovation Increased marketing for Akimbo Strategic M&A Credit card processing New products and services Accretive
Slide 17: Singular Payments Pending Acquisition
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Singular Payments Pending Acquisition 17 • FinTech payments provider. Focused on Niche Verticals • Processed $440MM in payments in 2016 • Processed over 2.5MM transactions in 2016 • 10 Employees – Nashville, TN and St. Augusti
Slide 18: PYDS Generates Cash
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) PYDS Generates Cash $4.1 MM 18 2015 YE $2.1 MM 2014 YE $2.1 MM Free Cash Generated Cash on Hand December 31, 2016 2016 YE $0.9 MM
Slide 19: Balance Sheet Highlights
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Balance Sheet Highlights Cash Restricted cash & Settlement funds Short - term/long - term debt Account Total Assets Total Liabilities 57.8 - 4.1 12/31/15 68.4 59.2 - 2.8 52.2 12/31/14 61.1 54.1 19 USD Millions 59.7 - 4.1 12/31
Slide 20: Income Statement Highlights
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Income Statement Highlights Revenues Cost of sales Gross Profit SG&A Depreciation Net Income Income tax benefit (expense) 12/31/15 YE 14.4 9.4 5.0 (3.5) (0.5) 1.1 (0.1) 12/31/14 YE 13.4 9.2 4.2 (1.9) (0.04) 3.8 1.5 20 USD Mill
Slide 21: Non-GAAP EBITDA Reconciliation
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) 12/31/2016 and 2015 Non - GAAP EBITDA Reconciliation 25 RECONCILIATION OF GAAP TO NON - GAAP FINANCIAL MEASURES (UNAUDITED) Twelve Months Ended December 31, 2016 2015 Reconciliation from Operating Income to Adjusted EBITDA: Op
Slide 22: Financial Highlights
Confidential and Proprietary to Payment Data Systems, Inc. (NASDAQ: PYDS) Financial Highlights Strong Growth Initiatives Underway Significant cash flow generation $0.5M CFOPS 2016 YE Investing in growth while maintaining positive Adjusted EBITDA 1 Strong balance sheet; clean capital structure $40 mi
Payment Data Systems — Shareholder Meeting (June 2017) on 6ix