Agilysys, Inc. · NASDAQ:AGYS
Agilysys — Q2 FY2013 Earnings Presentation
12 slides from Agilysys's earnings presentation, Oct 26, 2012
Slide 1: Fiscal 2013 Unaudited Second-Quarter Results
Exhibit 99.2 Agilysys, Inc. (Nasdaq: AGYS) Fiscal 2013 Unaudited Second-Quarter Results Oct. 25, 2012
Slide 2: Forward-looking statements & non-GAAP financial information
Forward-looking statements & non-GAAP financial information Forward-Looking Language This presentation and other publicly available documents, including the documents incorporated herein and therein by reference, contain, and our officers and representatives may from time to time make, "forward-look
Slide 3: Q2 review: Consolidated results from continuing operations
Q2 review: Consolidated results from continuing operations Statement of Operations ($Mil., except per share) Q2 Year-over-Year Commentary Three Months Ended September 30 (In thousands) 2012 2011 % • Consolidated revenue increased $1.5M Revenue: • Products revenue decreased 7% Products $24.9 $26.7 (6
Slide 4: Q2 review: Hospitality ("HSG")
Q2 review: Hospitality (“HSG”) HSG Segment Profit ($Mil.) Q2 Year-over-Year Commentary Three Months Ended September 30 • Total revenue increased 9% (In thousands) 2012 2011 % • Products revenue increased 1% Revenue: • Support, maintenance and subscription Products $7.3 $7.2 0.6% services increased 1
Slide 5: Q2 review: Retail ("RSG")
Q2 review: Retail (“RSG”) RSG Segment Profit ($Mil.) Q2 Year-over-Year Commentary Three Months Ended Sept. 30 • Revenue declined 1%, reflecting 9% lower (In thousands) 2012 2011 % Products revenues vs. prior year Revenue: Products $17.7 $19.5 (9.3%) • Gross profit margin contracted 150 basis Support
Slide 6: Q2 review: Corporate and Company Adjusted Operating Expenses
Q2 review: Corporate and Company Adjusted Operating Expenses Corporate continuing operations ($Mil.) Q2 Year-over-Year Commentary Three Months Ended Sept. 30 2012 2011 Total revenue $0.0 $0.0 Cost of goods sold $0.0 $0.0 Gross profit $0.0 $0.0 Operating loss ($5.9) ($8.9) Adjusted operating loss ($4
Slide 7: Fiscal 2013 first-half review: summary cash flow performance and key balance sheet metrics
Fiscal 2013 first-half review: summary cash flow performance and key balance sheet metrics • Cash and liquid investments on hand decreased $20.3M to $77.3M from $97.6M • Fiscal 2013 First-Half Uses of Cash Included: • $6.3M in BEP/SERP payments • $5.9M in cash expenses related to restructuring activ
Slide 8: Fiscal 2013 first-half review: Consolidated results from continuing operations
Fiscal 2012 first-half review: Consolidated results from continuing operations Statement of Operations ($Mil., except per-share) Fiscal Year-over-Year Commentary Six Months Ended September 30, (In thousands) 2012 2011 % • Consolidated revenue up 1% Revenue: • Products revenue declined 10% Products $
Slide 9: Fiscal 2013 Outlook
Fiscal 2013 Outlook Revenues Adjusted Operating Income (Loss) Adjusted Income (Loss) Per Share (in millions) (in millions) 225 $4.5M $0.21 0.20 0.10 0.00 $209M $208M 200 -0.10 -0.20 -0.30 -0.40 FY12 FY13E FY12 FY13E FY12 FY13E 175 Agilysys, , .
Slide 10: Questions & Answers
Agilysys, Inc. (Nasdaq: AGYS) Fiscal 2013 Unaudited Second-Quarter Results Questions & Answers Oct. 25, 2012
Slide 11: Reconciliation of operating income (loss) to adjusted net income (loss) (unaudited)
Reconciliation of operating income (loss) to adjusted net income (loss) (unaudited) Three Months Ended Six Months Ended (In thousands, except per share data) September 30, September 30, 2012 2011 2012 2011 Operating loss $ (539) $ (5,830) $ (2,089) $ (14,192) Stock-based compensation expense 477 510
Slide 12: Reconciliation of operating cash flows from continuing operations to adjusted cash flow
Reconciliation of operating cash flows from continuing operations to adjusted cash flow from continuing operations (unaudited) Six Months Ended (In thousands) September 30, 2012 2011 Operating activities: Net cash used in continuing operations $ (21,772) $ (5,165) Non-recurring cash items: Restructu