Aci Worldwide, Inc. · NASDAQ:ACIW
Aci Worldwide — ACI Worldwide Investor Conferences Spring 2012
21 slides from Aci Worldwide's conference presentation, May 2012
Slide 1: ACI Worldwide Investor Conferences Spring 2012
ACI Worldwide Investor Conferences Spring 2012
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: Business overview
a . . 4 Business overview J trusted globally
Slide 4: ACI Worldwide: A Global Payments Company
ACI Worldwide: A Global Payments Company 3500 Rev CY2012 G Adj EBITDA CY 2012G 60 month backlog as of employees = $701M = $168M Dec 2011 = $2.3B EMEA AMERICAS 390+ customers 1150+ customers Customers: ~ 265 retailers globally ASIA/PACIFIC Customers: ~ 170 150+ customers processors globally Regional
Slide 5: ACI is a Leading Provider of Enterprise Payments and Transaction Banking Solutions
ACI is a Leading Provider of Enterprise Payments and Transaction Banking Solutions ACI Product Family as % of Revenue Fraud Management Retail Payments • Payments transaction fraud • Retail payments engines • Enterprise financial crimes • Card and account management • Case management • Authentication
Slide 6: Our Customers Are Top Global Banks, Processors and Retailers
Our Customers Are Top Global Banks, Processors and Retailers 6
Slide 7: Large and Growing Worldwide Payment Opportunity
Large and Growing Worldwide Payment Opportunity SERVICEABLE SOFTWARE 2011 ESTIMATED SHARE INDUSTRY SPEND IN 2016 = $14.2B ($ in millions) FundTech Bottomline 5YR CAGR (2011-16)= 9.6% 14,184 NICE (Actimize) BPO (e.g.. BAE (Norkom & Detica) 5.8% Clear2Pay 12,989 1,057 processors) Dovetail FIS 11,914 1
Slide 8: Customer Trends
Customer Trends Continued Shift to • Global retail and wholesale transaction volumes are expected to grow at a Electronic Payments 9-10% CAGR through 2020 Customer Focus on • E-payments vendors are increasingly investing in robust, scalable Improved Efficiency architecture with enhanced straight -th
Slide 9: ACI / S1 – Compelling Strategic Rationale
ACI / S1 – Compelling Strategic Rationale • Closed the acquisition of S1 Corporation in February 2012 • Combination creates an industry leader in financial and payments software serving financial institutions (“FI”), processors and merchant retailers worldwide • Summary pro forma financials are comp
Slide 10: Financial overview
/ Financial overview J trusted globally
Slide 11: Sales and Revenue Model
Sales and Revenue Model ($ in Millions) Sales / Bookings • New Account / New Product Sales – revenue generally split evenly among license, maintenance Sales, Net of Term Extensions Term Extensions and service $556 $525 • Term Extensions – 50% license, 50% $460 maintenance $433 $425 $226 $210 $136 •
Slide 12: Revenue from Backlog vs. Sales
Revenue from Backlog vs. Sales Revenue Yr Ended Yr Ended Yr Ended Yr Ended Yr Ended Revenue ($M) 2012G Dec 07 Dec 08 Dec 09 Dec 10 Dec 11 Revenue from 293 336 325 355 381 567 Backlog Revenue from 78.0% 80.0% 80.0% 85.0% 82.0% 80.9% Backlog Revenue from 81 82 81 63 84 134 Sales Revenue from 22.0% 20.
Slide 13: Calendar Year Revenue Mix
Calendar Year Revenue Mix ($ in Millions) $701 • Improved monthly $465 600 recurring from 59% to $418 $406 $418 67% of annual revenue 500 $374 17% • Non-recurring license fees include annual license fees 17% 400 20% 19% representing 17% 16% approximately 5% of total 15% revenue resulting in 300 23%
Slide 14: Diversified Revenue Base by Geography and Type
Diversified Revenue Base by Geography and Type • Diversified global company with Revenue by Region customers spanning ~ 80 countries Asia/ Pacific 11% • Approximately 75-80% of business denominated in U.S. dollars in spite of geographic scope EMEA • EMEA is comprised of ~30% UK-derived 31% Americas
Slide 15: Operating Income and Adjusted EBITDA 2007-2012
Operating Income and Adjusted EBITDA 2007-2012 ($ in Millions) Operating Income Adjusted EBITDA $167 $101 • 2011 and 2012 Operating Income and Adjusted EBITDA exclude one-time expenses related to the acquisition of S1 Corporation but include impact of the $20 million deferred revenue haircut • State
Slide 16: ACI / S1 – 2012 Guidance
ACI / S1 – 2012 Guidance ($ in Millions) Standalone Combined Guidance before ACI One-Time Trans. Exps. Revenue $ 495 $ 696 - $ 706 Adjusted EBITDA $ 127 $ 165 - $ 170 Margin % 26% 24% 24% Operating Income $ 87 $ 99 - $ 104 Margin % 17% 14% 15% • ACI 2012E represents midpoint of organic Guidance • Co
Slide 17: Non-GAAP Financial Measures
Non-GAAP Financial Measures ACI includes backlog estimates which are all software license fees, maintenance fees and services specified in executed contracts, as well as revenues from assumed contract renewals to the extent that we believe recognition of the related revenue will occur within the cor
Slide 18: Non-GAAP Financial Measures
Non-GAAP Financial Measures For example, our customers may attempt to renegotiate or terminate their contracts for a number of reasons, including mergers, changes in their financial condition, or general changes in economic conditions in the customer’s industry or geographic location, or we may expe
Slide 19: 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
Slide 20: Forward-Looking Statements
Forward-Looking Statements All of the foregoing forward-looking statements are expressly qualified by the risk factors discussed in our filings with the Securities and Exchange Commission. Such factors include but are not limited to, risks related to the global financial crisis and the continuing de
Slide 21: ACI's software underpins electronic payments throughout retail and wholesale banking
ACI’s software underpins electronic payments throughout retail and wholesale banking, and commerce all the time, without fail. www.aciworldwide.com
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