Slide 1: Fiscal 2012 Unaudited First-Quarter Results
Exhibit 99.2 Agilysys, Inc. (Nasdaq: AGYS) Fiscal 2012 Unaudited First-Quarter Results August 9, 2011 1
Slide 2: Forward-looking statements & non-GAAP financial information
Forward-looking statements & non-GAAP financial information Forward-Looking Language This Quarterly Report 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 Exc
Slide 3: Strategic update
Strategic update • Closed divestiture of Technology Solutions Group (TSG) business for a purchase price of $64.0M in cash to OnX Enterprise Solutions on August 1st • Net proceeds after contractual obligations and estimated transaction expenses are expected to be $55.7M • Net proceeds remain subject
Slide 4: Strategic update
Strategic update • Hoteliers and retailers demand lower operating costs, while enhancing guest experience, driven by their investments in business systems • No clear end-to-end hospitality solution exists • Hotels and restaurants are looking to deliver value through “personalization” of guest experi
Slide 5: Q1 review: consolidated results
Q1 review: consolidated results Statement of Operations ($Mil., except per share) Q1 Year-over-Year Commentary Three Months Ended June 30 • Consolidated revenue increased 15%; 2011 2010 % Net sales $151.6 $131.9 15.0% hardware up 22%, software down 14% and Cost of goods sold $113.2 $98.0 15.5% servi
Slide 6: Q1 review: Hospitality ("HSG")
Q1 review: Hospitality (“HSG”) HSG Segment Profit ($Mil.) Q1 Year-over-Year Commentary Three Months Ended June 30 • Revenue decreased 9%, largely due to lower 2011 2010 % hardware sales Net sales $21.0 $23.1 (9.1%) Cost of goods sold $7.7 $9.8 (21.2%) • Gross margin increased due to higher Gross pro
Slide 7: Q1 review: Retail ("RSG")
Q1 review: Retail (“RSG”) RSG Segment Profit ($Mil.) Q1 Year-over-Year Commentary Three Months Ended June 30 • Revenue increased 39%, primarily due to 2011 2010 % higher hardware and services sales Net sales $32.9 $23.7 38.7% Cost of goods sold $26.7 $18.1 47.6% • Gross margin decreased as a result
Slide 8: Q1 review: Technology ("TSG")
Q1 review: Technology (“TSG”) TSG Segment Profit ($Mil.) Q1 Year-over-Year Commentary Three Months Ended June 30 • Revenue increased 15% 2011 2010 % • Gross margin increased on higher hardware Net sales $97.8 $85.1 14.9% Cost of goods sold $78.9 $70.2 12.4% margins Gross profit $18.9 $14.9 26.8% • S
Slide 9: Q1 review: Corporate/other
Q1 review: Corporate/other Corporate ($Mil.) Q1 Year-over-Year Commentary Three Months Ended June 30 • SG&A, excl. depr. & amort., increased $0.4M 2011 2010 $ due to accelerated vesting of stock SG&A (excl. depr. & amort.) $7.3 $7.0 $0.4 Depreciation & amortization $1.2 $1.5 ($0.3) compensation and
Slide 10: FY12 Q1 review: summary balance sheet performance
FY12 Q1 review: summary balance sheet performance Working Capital ($Mil.) Commentary $250 Receivables Inventory Working capital as % of sales 15% • Cash at quarter-end was $51.7M — a $210.3 decrease of $22.7M from 3/31/11 $200 12% • Cash at close of TSG divestiture was $157.6 approximately $102M $15
Slide 11: Agilysys, Inc. (Nasdaq: AGYS)
Agilysys, Inc. (Nasdaq: AGYS) Fiscal 2012 Unaudited First-Quarter Results August 9, 2011 11
Slide 12: Reconciliation of net loss to adjusted EBITDA
Reconciliation of net loss to adjusted EBITDA Three Months Ended (In thousands) June 30, 2011 2010 Net loss $ (4,789) $ (10,252) Plus: Interest expense, net 305 263 Income tax (benefit) expense (1,041) 4,480 Depreciation and amortization expense (a) 2,530 3,455 Other expenses (income), net 138 (1,08