Aci Worldwide, Inc. · NASDAQ:ACIW
Aci Worldwide — Q3 2022 Earnings Presentation
14 slides from Aci Worldwide's earnings presentation, Nov 2, 2022
Slide 1: Earnings Presentation Q3 2022
Earnings Presentation Q3 2022 November 2, 2022
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: ACI Delivers Mission-Critical Payment Solutions
ACI Delivers Mission-Critical Payment Solutions Our proven, secure and scalable software solutions ACI Worldwide enable leading corporations, fintechs, financial disruptors and merchants to: is a global leader in Process and manage digital payments mission-critical, Enable omni-commerce payments rea
Slide 4: Three-Pillar Strategy
Three-Pillar Strategy Fit for Growth Focused on Growth Step-Change Value Creation We are organized and We are focusing investments We continue to build on our operating with a strong on the biggest growth successful history of mergers focus on growth by: opportunities and continuing and acquisitions
Slide 5: Q3 2022 Highlights
Q3 2022 Highlights Revenue in Line With Guidance; Strong ARR Bookings Consolidated Results Segment Results Balance Sheet • Q3 revenue of $307 million, Banking: • $135M cash balance** up 1% adjusted for FX and • Q3 revenue down 4% divestiture*, versus Q3 2021 adjusted for FX and divestiture*, • $1.0B
Slide 6: 2022 Guidance
2022 Guidance Reaffirming Mid-single Digit Revenue Growth for Year on Constant Currency Basis Revenue EBITDA • Revenue growth expected to be • Adjusted EBITDA is expected to in the mid-single digits on a be in the range of constant currency basis $365M - $380M • Adjusting for FX fluctuation, our • E
Slide 7: ACI Next-Gen Real-Time Payments Cloud
ACI Next-Gen Real-Time Payments Cloud Advances ACI’s Technology Platform and Benefits Payments Modernization Agendas Simplified ecosystem of Accelerated time to market Configurations payment services Low-code options Simple APIs Self-guided testing Solution add-ons Pre-built adaptors Partner, f
Slide 8: Q3 2022: Recognition
Q3 2022: Recognition Leading Industry Research Firms and Awards Recognize ACI’s Solutions Leadership Merchant Payments Ecosystem Awards Fintech & Payments Most Innovative Fraud Retail Innovation of the Year Prevention Solution ACI® Smart Engage™ 8
Slide 9: Supplemental Financial Data
Supplemental Financial Data Three Months Ended Nine Months Ended September 30, September 30, Recurring Revenue (millions) 2022 2021 2022 2021 $ 195.5 $ 191.5 $ 597.1 $ 583.5 SaaS and PaaS fees 49.2 53.5 151.1 159.1 Maintenance fees $ 244.7 $ 245.0 $ 748.2 $ 742.6 Recurring Revenue Three Months Ended
Slide 10: Supplemental Financial Data
Supplemental Financial Data Three Months Ended Nine Months Ended September 30, September 30, Adjusted EBITDA (millions) 2022 2021 2022 2021 Net income $ 23.1 $ 13.8 $ 51.9 $ 18.3 Plus: Income tax expense 10.6 4.7 21.7 2.3 Net interest expense 11.3 8.4 27.8 25.4 Net other income (expense) (41.4) 1.1
Slide 11: Supplemental Financial Data
Supplemental Financial Data Three Months Ended Nine Months Ended September 30, September 30, Segment Information (millions) 2022 2021 2022 2021 Revenue $ 117.5 $ 131.7 $ 391.6 $ 341.7 Banks 35.6 39.0 113.1 115.1 Merchants 153.5 146.2 465.4 447.0 Billers $ 306.6 $ 316.9 $ 970.1 $ 903.8 Total Revenue
Slide 12: Supplemental Financial Data
Supplemental Financial Data EPS Impact of Non-cash and Significant Transaction-related Items (millions) Three Months Ended September 30, 2022 2021 $ in Millions $ in Millions EPS Impact (Net of Tax) EPS Impact (Net of Tax) GAAP net income $ 0.20 $ 23.1 $ 0.12 $ 13.8 Adjusted for: Gain on divestiture
Slide 13: Non-GAAP Financial Measures
Non-GAAP Financial Measures 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 com
Slide 14: 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