Aci Worldwide, Inc. · NASDAQ:ACIW
Aci Worldwide — Q1 2023 Earnings Presentation
12 slides from Aci Worldwide's earnings presentation, May 4, 2023
Slide 1: Earnings Presentation Q1 2023
Earnings Presentation Q1 2023 May 4, 2023
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 and financial disruptors to: is the global leader Process and manage digital payments in mission-critical, Enable omni-commerce payments real-time pa
Slide 4: Q1 2023 Highlights
Q1 2023 Highlights Consolidated Results Segment Results Balance Sheet Recurring revenue of $255M, Banking revenue down 24%*, as $142M cash balance** up 9% from Q1 2022* timing of larger renewal events is heavily back-half weighted in 2023 $1.1B debt Total revenue of $290M, Net debt ratio of 2.9x** M
Slide 5: 2023 Guidance
2023 Guidance 2023 Guidance Range 2022 2022 Implied Actual Deduct COB* FX Impact Proforma Low High Growth Rate Revenue 1,422 (32) (5) 1,385 1,436 1,466 4-6% Adjusted EBITDA 373 (14) - 359 380 395 6-10% $'s in millions Foreign currency rates as of 12/31/22 * Proforma for the sale of the Corporate Onl
Slide 6: MCI Worldwide Real-Time Payments
MCI Worldwide Real-Time Payments
Slide 7: Supplemental Financial Data
Supplemental Financial Data Three Months Ended March 31, Recurring Revenue (millions) 2023 2022 SaaS and PaaS fees $ 204.9 $ 194.6 Maintenance fees 50.1 51.4 Recurring Revenue $ 255.0 $ 246.0 Three Months Ended March 31, TTM Ended March 31, Annual Recurring Revenue (ARR*) Bookings (millions) 2023 20
Slide 8: Supplemental Financial Data
Supplemental Financial Data Three Months Ended March 31, Adjusted EBITDA (millions) 2023 2022 Net income (loss) $ (32.3) $ 15.5 Plus: Income tax expense (benefit) (10.8) 6.7 Net interest expense 15.4 7.7 Net other income (expense) 3.4 (2.3) Depreciation expense 6.1 5.0 Amortization expense 25.4 26.5
Slide 9: Supplemental Financial Data
Supplemental Financial Data Three Months Ended March 31, Segment Information (millions) 2023 2022 Revenue Banks $ 88.0 $ 132.2 Merchants 34.8 41.0 Billers 166.9 149.9 Total Revenue $ 289.7 $ 323.1 Recurring Revenue Banks $ 55.6 $ 61.3 Merchants 32.5 34.8 Billers 166.9 149.9 Total $ 255.0 $ 246.0 Seg
Slide 10: Supplemental Financial Data
Supplemental Financial Data Three Months Ended March 31, 2023 2022 EPS Impact of Non-cash and Significant Transaction-related $ in Millions $ in Millions Items (millions) EPS Impact (Net of Tax) EPS Impact (Net of Tax) GAAP net income (loss) $ (0.30) $ (32.3) $ 0.13 $ 15.5 Adjusted for: Significant
Slide 11: 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 12: 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