Aci Worldwide, Inc. · NASDAQ:ACIW
Aci Worldwide — Q1 2015 Earnings Presentation
24 slides from Aci Worldwide's earnings presentation, Apr 30, 2015
Slide 1: Quarterly Results, March 31, 2015
Exhibit 99.2 Quarterly March ACI April Worldwide 30, 31,2015 Results 2015
Slide 2: Forward-Looking Statements
This Private to MEETS Universal update presentation Securities THE any Payments forward-looking CHALLENGE contains Litigation 2 forward-looking Reform OF statement CHANGE Act of in 1995. 1995 this statements presentation, Safe A discussion Harbor based on except For ofcurrent these Forward-Looking a
Slide 3: Quarterly Overview
QUARTERLY Phil Chief Universal Heasley Executive Payments OVERVIEW Officer
Slide 4: Q1 2015 Review
Strong Signed Adjusted Non-GAAP Operating Reiterating Q1 MEETS Universal 2015 market large THE in EBITDA Payments free 2015 Review Revenue operating new CHALLENGE interest cash guidance customer up flow 4up 16% income in 5% up Universal (adjusted in159% OF transportation up 45% CHANGE Payments for F
Slide 5: Financial Review
Universal FINANCIAL Scott Chief Behrens Financial Payments REVIEW Officer
Slide 6: Key Q1 Takeaways
Key Q1 Still 12-month 60-month Non-GAAP Recurring -Adjusted •Ended Adjusted Operating Sales Backlog Revenue 6Debt SNET Takeaways expecting and the Bookings EBITDA backlog down revenue quarter Growth EBITDA Liquidity free Free revenue organic full from cash 9% Cash with of grew year ofrevenue given o
Slide 7: 2015 Guidance
2015 Key 12/31/14 Non-GAAP $s Reaffirming Guidance Sales, Q2 Adjusted MEETS Universal in2014 non-GAAP Metrics millions Guidance Non-GAAP netTHE revenue fx EBITDA of Payments rates Revenue full term Guidance CHALLENGE revenue year 3/31/15 was Incremental extensions, 280 excludes 7guidance 1,050 $240
Slide 8: Appendix
Universal Payments APPENDIX
Slide 9: Revenue by Category
Quarter 2015 Maintenance Processing Monthly MEETS Universal 2014 Ended THE Software Recurring Payments services fees CHALLENGE 59.5 license Revenue 110.3 9 61.0101.4 fees$189.0 (millions) OF $19.2 CHANGE $185.7 $23.3 March 31,
Slide 10: Historic Quarter-End Sales Bookings
Historic Total Quarter-End 3/31/2013 5% 6/30/2013 9/30/2013 20% 12/31/2013 12% 3/31/2014 22% 6/30/2014 19% 9/30/2014 25% 12/31/2014 26% 3/31/2015 18% Add-on inc. New Sales MAR Variance MEETS Universal 63% Capacity Accounts 53% 52% 50% 45% 38% 44% 35% Economic Mix New YTD Business Sales THE 31% $39,9
Slide 11: Sales by Channel and Region
Sales Qtr Channel Americas EMEA Asia Total MEETS Universal Ended -Pacific Sales Bookings, Net 25,456 THE Mar of $78,625 Payments Qtr (Net Term 7,450 15 CHALLENGE Ended% 33,653 of Net Mar Extensions $81,005 Term 7,243 11 of 14 -24.4% Term Growth Decline Ext.) 2.9% -2.9% Extensions OF $111,532 orCHANG
Slide 12: Operating Income Reconciliation
Quarter 2015 Operating Deferred Plus: Employee Significant Non-GAAP MEETS Universal 2014 Ended THE revenue Payments income related transaction Operating CHALLENGE fair actions $6.4 12value Income related $0.3 1.7adjustment 2.0 OF expenses (millions) $ 9.5 CHANGE $ 6.6 0.2 1.2 March 0.6 3.7 31,
Slide 13: Adjusted EBITDA Reconciliation
Quarter 2015 Income Plus: Net Depreciation Amortization Non-cash Deferred Employee Significant Adjusted related MEETS Universal loss interest other 2014 expenses tax Ended ($0.2) THE revenue EBITDA expense compensation Payments related transaction benefit expense expense expense CHALLENGE ($5.8) $fa
Slide 14: Free Cash Flow Reconciliation
Reconciliation Quarter 2015 Payments liabilties actions Net transaction Less *Operating MEETS Universal Taxcash after-tax capital 2014 effected Ended THE provided Payments associated Free related expenditures payments CHALLENGE at of March Cash 35% Operating by expenses 14 with Flow operating 31, as
Slide 15: 60-Month Backlog
60-Month Quarter Americas Deferred Backlog MEETS Universal Ended THE 60-Month Revenue $3,042 Payments Backlog CHALLENGE Backlog $2,858 $178 $4,137 15 60-Month $195 EMEA $3,910 OF Other 805 CHANGE (millions) 3,959 767 Asia/Pacific 3,715 March 31,290 March 285 31, 2015 2014
Slide 16: Total Revenue and Backlog as a Contributor
2015 2014 Total Revenue Backlog MEETS Universal Revenue THE as from from Payments a Contributor Contributor CHALLENGE monthly Backlog Sales $ 232,817 16 5,897 3% recurring $of 97% 3% 226,920 of $Revenue 5,785 221,473 Quarterly 97% OF revenues 1.9% CHANGE $ (thousands) 215,688 5.1% Revenue and5.2% pr
Slide 17: Non-GAAP EPS Reconciliation
related (millions) $2015 EPS (Net Significant Deferred Amortization Non-cash *Total All MEETS Universal Tax inreferences Millions impact Impact of 2014 $Effected items 0.11 Tax) THE revenue equity-based Payments March transaction of EPS $(Net Quarter $of CHALLENGE 12.5 to non-cash Non-Cash at inacqu
Slide 18: Contract Duration Metric
Contract Represents and 2.85 3.50 4.00 4.50 5.00 2.40 3.00 2.46 Q1 0.00 0.50 1.00 1.50 2.00 2.50 MEETS Universal Q2 revenue 2.71 2.41 2.54 Q3THE Duration 2.56 2.47 Payments Q4 dollar are CHALLENGE Q1 2.68 2.53 ratable average Q2 Metric 2.62 2.52 18Q3 over 2.60 Q4 remaining the Q1 OFcontract Q2 CHANG
Slide 19: Non-GAAP Financial Measures
Tounderstanding Online in considered by GAAP. trends should Non-GAAP significant Adjusted been addition MEETS Universal relying supplement recognized affecting be Resources We THE to, EBITDA: considered Payments on transaction in believe rather Financial revenue: operating comparable isolation CHALL
Slide 20: Non-GAAP Financial Measures (continued)
Non-GAAP with financial activities, considered the flow ACI believe executed MEETS Universal period. is also employee-related is also useful recognition THE measure contract includes such Payments This in presenting Financial addition to CHALLENGE asmeasure investors and capital as backlog of20 defi
Slide 21: Non-GAAP Financial Measures (continued)
Non-GAAP Maintenance License, Non-recurring Foreign Our Estimates inaccurate mergers, services actually the Backlog MEETS Universal corresponding pricing currency recognized specified THE is should facilities changes Payments of or considered policies Financial future fees wrong, CHALLENGE license b
Slide 22: Forward-Looking Statements
Forward-Looking This facts provisions Forward-looking Strong Expectations MEETS Universal presentation and market THE may Payments of regarding the CHALLENGE include interest Private statements contains Statements 22words infull 2015 Q2 Securities Universal forward-looking 2015 year in or financial
Slide 23: Forward-Looking Statements (continued)
Forward-Looking All competition, industry, deferred delay impairment complexity regulations of software these MEETS Universal forecasts ofrisk or thecancellation THE recognition development customer factors, foregoing Payments and of of due the CHALLENGE our our industry to performance parties State
Slide 24: Universal Payments
Universal Payments