Aci Worldwide, Inc. · NASDAQ:ACIW
Aci Worldwide — Q2 2023 Earnings Presentation
12 slides from Aci Worldwide's earnings presentation, Aug 3, 2023
Slide 1: Q2 2023 Earnings Presentation
Q2 2023 Earnings Presentation August 3, 2023
Slide 2: Safe Harbor for Forward-Looking Statements
Private Securities Litigation Reform Act of 1995 Safe Harbor for Forward-Looking Statements 2 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 provisio
Slide 3: ACI Delivers Mission-Critical Payment Solutions
ACI Delivers Mission-Critical Payment Solutions We combine our global footprint with local presence to drive the real-time digital transformation of payments and commerce. Our proven, secure and scalable software solutions enable leading corporations, fintechs and financial disruptors to: Process an
Slide 4: Q2 2023 Highlights
Q2 2023 Highlights 4 Consolidated Results Segment Results Balance Sheet * Adjusted for FX and Corporate Online Banking divestiture (in Banking segment) ** Statistics as of 06.30.2023 Total revenue of $323M, down 2% from Q2 2022* Banking revenue down 10%*, as timing of larger renewal events is heavil
Slide 5: 2023 Guidance
2023 Guidance 5 • Q3 Revenue expected to be in a range of $335 - $345 million • Q3 Adjusted EBITDA expected to be in a range of $70 - $80 million 2023 Guidance Range 2022 Actual Deduct COB* FX Impact 2022 Proforma Low High Implied Growth Rate Revenue 1,422 (32) (5) 1,385 1,436 1,466 4-6% Adjusted EB
Slide 6: Supplemental Financial Data: Recurring Revenue and ARR Bookings
Three Months Ended June 30, Six Months Ended June 30, Recurring Revenue (millions) 2023 2022 2023 2022 SaaS and PaaS fees $ 209.7 $ 206.9 $ 414.6 $ 401.5 Maintenance fees 51.4 50.6 101.5 102.0 Recurring Revenue $ 261.1 $ 257.5 $ 516.1 $ 503.5 Three Months Ended June 30, TTM Ended June 30, Annual Rec
Slide 7: Supplemental Financial Data: Adjusted EBITDA
Supplemental Financial Data Three Months Ended June 30, Six Months Ended June 30, Adjusted EBITDA (millions) 2023 2022 2023 2022 Net income (loss) $ (6.7) $ 13.3 $ (39.0) $ 28.8 Plus: Income tax expense (benefit) (3.3) 4.4 (14.1) 11.1 Net interest expense 16.4 8.8 31.8 16.5 Net other income (expense
Slide 8: Segment Information
Three Months Ended June 30, Six Months Ended June 30, Segment Information (millions) 2023 2022 2023 2022 Revenue Banks $ 117.5 $ 141.9 $ 205.5 $ 274.1 Merchants 36.5 36.5 71.3 77.5 Billers 169.3 162.0 336.2 311.8 Total Revenue $ 323.3 $ 340.4 $ 613.0 $ 663.4 Recurring Revenue Banks $ 57.4 $ 60.7 $ 1
Slide 9: EPS Impact of Non-cash and Significant Transaction-related Items
EPS Impact of Non-cash and Significant Transaction- related Items (millions) Three Months Ended June 30, 2023 2022 EPS Impact $ in Millions (Net of Tax) EPS Impact $ in Millions (Net of Tax) GAAP net income (loss) $ (0.06) $ (6.7) $ 0.12 $ 13.3 Adjusted for: Significant transaction-related expenses
Slide 10: 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 compensation, that we believe a
Slide 11: 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 “believes,” “will,” “expects,” “a
Slide 12: ACI Worldwide - Real-Time Payments
ACI Worldwide Real-Time Payments