Aci Worldwide, Inc. · NASDAQ:ACIW
Aci Worldwide — Investor Conferences March 2013
21 slides from Aci Worldwide's conference presentation, Mar 5, 2013
Slide 1: ACI Worldwide Investor Conferences March 2013
ACI Worldwide Investor Conferences March 2013 1 ACI's software underpins electronic payments throughout retail and wholesale banking, and commerce all the time. Exhibit 99.1
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
lA i , 4 Business Overview
Slide 4: ACI Worldwide: A Global Payments Company
4 ACI Worldwide: A Global Payments Company Regional Offices Distributors/Sales Agents AMERICAS 1,950+ customers EMEA 500+ customers ASIA/PACIFIC 150+ customers ~ 2,600 customers in over 80 countries rely on ACI solutions 3,500employees Revenue guidance 2013 = $775M EBITDA guidance 2013 = $235M 60 mo
Slide 5: ACI is a Leading Provider of Enterprise Payments and Transaction Banking Solutions
5 ACI is a Leading Provider of Enterprise Payments and Transaction Banking Solutions Retail Payments48% Online Banking22% Community Banking9% Merchant Retailer Payments6% Tools 5% Wholesale Payments5% Fraud Management5% Retail payments enginesCard and account managementAuthentication, authorization,
Slide 6: Our Customers are Top Global Banks, Processors and Retailers
6 Our Customers are Top Global Banks, Processors and Retailers
Slide 7: Large & Growing Worldwide Payment Opportunity
7 Large & Growing Worldwide Payment Opportunity Source: IDC Financial Insights 2011, ACI Internal Analysis 8,949 9,864 10,881 11,914 12,989 14,184 5.8% 10.6% 10.5% 10.2% 7.7% 7.2% 796 5,625 556 604 381 987 844 6,259 619 644 429 1,068 898 6,965 688 691 483 1,155 957 7,695 760 744 510 1,247 1,005 8,45
Slide 8: Customer Trends
8 Customer Trends Continued Shift to Electronic Payments Customer Focus on Improved Efficiency and Risk Management Replacement of Legacy Systems Regulatory Requirements Financial Industry Consolidation Global retail and wholesale transaction volumes are expected to grow at a 9% CAGR through 2020 E-p
Slide 9: ACI + ORCC Compelling Strategic Rationale
ACI + ORCC Compelling Strategic Rationale Online ResourcesTender offer price of $3.85 cash per share (NASDAQ: ORCC)Implied EV / 2012E Adj. EBITDA: 8.0x 1Implied EV / 2012E Adj. EBITDA (inc. Synergies): 5.0x 2Adds full-service Bill Payment platform for Online Banking and BillersSignificant base of bi
Slide 10: Financial Overview
4 Financial Overview
Slide 11: Sales and Revenue Model
11 Sales and Revenue Model 60- Month Backlog Sales Bookings New Account / Product Sales - revenue generally split evenly among license, maintenance and serviceTerm Extension - 50% license, 50% maintenanceLegacy ACI contracts are 5-year fixed termLegacy S1 contracts are generally perpetual license fe
Slide 12: Diversified Revenue Base by Geography & Type
12 Diversified Revenue Base by Geography & Type Note: Dollars are in millions. Revenue presented on a GAAP basis Diversified global company with customers spanning ~ 100 countriesApproximately 75-80% of business denominated in U.S. dollars in spite of geographic scopeEMEA is comprised of ~30% UK-der
Slide 13: Operating Income and Adjusted EBITDA 2008-2013
Operating Income and Adjusted EBITDA 2008-2013 2011 and 2012 Operating Income and Adjusted EBITDA exclude one-time expenses related to the acquisition of S1 Corporation and exclude the impact of the $22.5 million deferred revenue haircut. 13 Adjusted Operating Income Adjusted EBITDA ($ in Millions)
Slide 14: 2013 Guidance
14 2013 Guidance ($ in Millions) Sales, net of term extension, growth in the high single digits to low double digitsRevenue growth in mid to high single digitsRevenue and margin phasing by quarter consistent with 2012Operating Income margin of 20%Adjusted EBITDA margin of 30%Depreciation and amortiz
Slide 15: Questions?
4 Questions?
Slide 16: Non-GAAP Financial Measures
Non-GAAP Financial Measures To supplement our financial results presented on a GAAP basis, we use the non-GAAP measure indicated in the tables, which exclude certain business combination accounting entries and expenses related to the acquisition of S1, as well as other significant non-cash expenses
Slide 17: Non-GAAP Financial Measures
Non-GAAP Financial Measures ACI also includes backlog estimates, which include 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 with
Slide 18: Non-GAAP Financial Measures
Non-GAAP Financial Measures .Estimates of future financial results are inherently unreliable. Our backlog estimates require substantial judgment and are based on a number of assumptions as described above. These assumptions may turn out to be inaccurate or wrong, including for reasons outside of man
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, increased competition, the performance of our strategic product, B
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