Usio, Inc. · NASDAQ:USIO

Usio — Investor Presentation (May 2021)

21 slides from Usio's investor presentation, May 20, 2021

  1. Slide 1: Investor Presentation

    © USsIO’ Investor JULY 1, 2019 I [Ty ® USig May 20, 2021 usio.com USIO Nasdaq Listed

  2. Slide 2: Forward Looking

    FORWARD LOOKING

  3. Slide 3: Company Overview

    Company Overview USIO (NASDAQ: USIO) is an ‘emerging leader in the FinTech landscape, with solutions in Payment Facilitation, ACH, Prepaid Cards Issuing, Print & Mail and Electronic resentment and Payment (eBPP) USIO's innovative and proprietary payment enablement technology serves integrated Softar

  4. Slide 4: Recent Highlights

    ®usio’ RECENT HIGHLIGHTS Q1 2021 + Revenues were $13.5 million for the first quarter, up 73% compared to $7.7 million in the same period last year + Adjusted EBITDA was a positive $247k in the quarter, an improvement of over $450k compared to adjusted EBITDA loss of $200k in the same period a year a

  5. Slide 5: Transactions Processed Per Year

    ®usio’ TRANSACTIONS PROCESSED PER YEAR Annual Transactions 18.2 15.4 ie 143 23 | ] ir 2018 2019 200 In lions

  6. Slide 6: Dollars Processed Per Year

    DOLLARS PROCESSED PER YEAR Dollars Processed Annually $2916 —sox35 2016 nr $3,540 $3,400 2018 ote $3,340 2000 ®usio’ Total revenue for 2020 exceeded 2019 due to the diversity of our payment channels,

  7. Slide 7: Dollars Processed Per Quarter

    ®usio’ DOLLARS PROCESSED PER QUARTER Volume Processed by Quarter gm a ‘tA fay 17,2021,

  8. Slide 8: Our ACH Model

    ®usio’ OUR ACH Aci Revenue MODEL ‘TARGET CUSTOMER PROFILE * Consumer Driven + 828 Payments + Bill Payments * Disbursements TARGET VERTICALS & CHARACTERISTICS. HOW WE MAKE MONEY %k TPT OSes Healthcare Uttities Insurance Specialized 828 Billing Non-Profit Lending + Recurring Transactions + Low Attriti

  9. Slide 9: Our Prepaid Model

    ®usio’ 2020 Prepaid Revenue % » ) OUR PREPAID 2 MODEL TARGET CUSTOMER PROFILE + SMBs needing expense management, refund disbursement, incentives, per diems, loyalty programs and more * Entities looking to migrate away from physical checks to virtual payment and funds disbursement mechanisms + Progra

  10. Slide 10: Merchant Acquiring: Payment Facilitation

    ®usio’ MERCHANT ACQUIRING PAYMENT FACILITATION 2020 Payment Facilitation (PayFac) is simply the latest innovation in _ Acquiring Revenue % merchant acquiring, providing: + Frictionless merchant onboarding, enrollment and automated risk/underwriting procedures - which have traditionally been very man

  11. Slide 11: Our PayFac Model

    ®usio’ OUR PAYFAC MODEL TARGET CUSTOMER PROFILE TARGET VERTICALS & CHARACTERISTICS seems 7 av? g a xisting custom : Ti

  12. Slide 12: Payment Facilitation Revenue Illustration

    PAYMENT FACILITATION REVENUE ILLUSTRATION 1,000 Merchants processing $20mm/mo at 2.75% ®usio’ Transaction Expenses ee 15% Card Brands 05% Processing Expense $1.2mm_.50%=Net Revenue Split w/ISV $50,000 per month of revenue $600,000 per year of revenue

  13. Slide 13: IMS Acquisition

    IMS ACQUISITION » U SI O° USIO OUTPUT SOLUTIONS output solutions + _ Usio acquired the assets of IMS on December 15, 2020, for cash consideration of $5.9mm and a total of 945,559 warrants, vesting in three annual installments of 315,200 each on the first and second anniversary and 315,199 on the thi

  14. Slide 14: Output Solutions

    ®usio’ OUTPUT SOLUTIONS 2020 Output Solutions TARGET CUSTOMER PROFILE Revenue % + Wu p tronic : $13 :m rease efficences Projected Revenue in 2021 PROFIT MARGIN BREAKDOWN, * Print, Mail & Electronic Billing Depende + Recurring Transactior * Increased turnaround + Piece level verific

  15. Slide 15: Financials

    © usIO’ Financials

  16. Slide 16: Income Statement

    ®usio’ INCOME STATEMENT "See non-GAAP econilatin of Adjusted EBITDA on ste 18

  17. Slide 17: Revenues by Category

    REVENUES BY CATEGORY ‘March 31,2021 March 31,2020‘ $Change _% Change ACH and Complementary Service Revenue $ 3,078,456 2,237,746 § 840,710 37.6% Credit Card Revenue $5,723,709 4,982,658 $741,051 14.90% Output Solutions Revenue $ 3,772,809 = __$ 3,772,809 100% $ $ Prepaid Card Services Revenue $ 886,

  18. Slide 18: Non-GAAP Reconciliation

    ®usio NON-GAAP RECONCILIATION Non-GAAP Reconciliation Three Months Ended 31-Mar-21 31-Mar-20 (Values in Millions) Revenues $ BS $ 78 Reconciliation from Operating Income (Loss) to Adjusted EBITDA: Operating Income (Loss) $ 07 $ 09 Depreciation and Amortization $ 06 $ 0.4 EBITDA $ (0.1) $ (0.5)} Non-

  19. Slide 19: Balance Sheet Highlights

    BALANCE SHEET HIGHLIGHTS Account 3/31/21_ 12/31/20 Cash $ 43 $ 50 Restricted Cash & Settlement Funds 637 $ 594 Total Assets $ 869 $ 827 In Millions Total Liabilities $ 706 $ 66.0 Total Equity $163 $ 167 Total Liabilities & Stockholder Equity 86.9 $ 82.7 ®usio’

  20. Slide 20: Investment Summary

    ®usio’ INVESTMENT SUMMARY * Innovative Leader in the Fast-Growing FinTech space * Synergistic Multi-Channel Product Portfolio * ACH * Prepaid Card Issuing * Merchant Processing oo | * Electronic Bill Presentment & Payment * Print and Mail * Record Revenues in 2020 and on pace for another record-brea

  21. Slide 21: Investor

    © USsIO’ Investor JULY 1, 2019 I [Ty ® USig May 20, 2021 usio.com USIO Nasdaq Listed

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