Slide 1: Fiscal 2011 Unaudited Fourth Quarter & Full-Year Results
Exhibit 99.2 Agilysys, Inc. (Nasdaq: AGYS) Fiscal 2011 Unaudited Fourth Quarter & Full-Year Results June 14, 2011
Slide 2: Forward looking statements & non-GAAP financial information
Forward looking statements & non-GAAP financial information Forward-Looking Language This release contains certain management expectations, which may constitute forward-looking information within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities and Exchange Act
Slide 3: Strategic update
Strategic update st Announcedon May 31 a definitive agreement to sell Technology Solutions Group (TSG)business for a purchaseprice of $64 million in cashto OnXEnterprise Solutions Strategic emphasisfocuseson improving businessperformance and returning capital to shareholders Shareholder value to be
Slide 4: Q4 review: consolidated results
Q4 review: consolidated results Statement of Operations ($Mil., except per share) Q4 Year-over-Year Commentary Three Months Ended March 31 Revenue increased 6%; hardware by 3%, 2011 2010 Net sales $143.8 $135.9 software by 37% and services were flat Cost of goods sold $107.5 $100.0 Gross profit $36.
Slide 5: Q4 review: Hospitality ("HSG")
Q4 review: Hospitality (“HSG”) HSG Segment Profit ($Mil.) Q4 Year-over-Year Commentary Three Months Ended March 31 Revenue increased 16.5% largely due to growth 2011 2010 % in UK and cruise industry Net sales $24.8 $21.3 16.5% Cost of goods sold $9.0 $7.9 13.4% Gross margin increased due to higher s
Slide 6: Q4 review: Retail ("RSG")
Q4 review: Retail (“RSG”) RSG Segment Profit ($Mil.) Q4 Year-over-Year Commentary Three Months Ended March 31 Revenue decreased 13.6% primarily due to 2011 2010 % lower hardware sales Net sales $21.8 $25.3 (13.6%) Cost of goods sold $17.9 $19.4 (8.0%) Gross margin contracted as a result of lower Gro
Slide 7: Q4 review: Technology ("TSG")
Q4 review: Technology (“TSG”) TSG Segment Profit ($Mil.) Q4 Year-over-Year Commentary Three Months Ended March 31 Revenue increased 8.8% primarily due to 2011 2010 % higher hardware and software sales Net sales $97.1 $89.3 8.8% Cost of goods sold $80.6 $72.7 10.9% Gross margin contracted in quarter
Slide 8: Q4 review: Corporate
Q4 review: Corporate Corporate Segment ($Mil.) Q4 Year-over-Year Commentary Three Months Ended March 31 SG&A, excl. depr. & amort., decreased $1.3M 2011 2010 $ due primarily to lower professional fees and SG&A (excl. depr. & amort.) $5.0 $6.3 ($1.3) capitalized leases that were treated as Depreciati
Slide 9: FY11 review: consolidated results
FY11 review: consolidated results Statement of Operations ($Mil., except per share) FY11 Year-over-Year Commentary Fiscal Year March 31 Revenue increased 7% 2011 2010 % Net sales $675.5 $634.3 6.5% HSG increased 12% Cost of goods sold $517.8 $472.8 9.5% Gross profit $157.7 $161.5 (2.4%) RSG decrease
Slide 10: FY11 review: summary balance sheet performance
FY11 review: summary balance sheet performance Working Capital ($Mil.) Commentary Receivables Inventory Working capital as % of sales $225 15% $210.3 Cashat year-end was $74.4M—an increase of $8.8 million from 3/31/10 $180 12% Days sales outstanding increased from 69 days $157.6 at 3/31/10 to 77 day
Slide 11: Agilysys, Inc. (Nasdaq: AGYS)
Agilysys, Inc. (Nasdaq: AGYS) Fiscal 2011 Unaudited Fourth Quarter & Full-Year Results June 14, 2011
Slide 12: Reconciliation of (loss)/net income to adjusted EBITDA
Reconciliation of (loss)/net income to adjusted EBITDA Three Months Ended Year Ended (In thousands) March 31, March 31, 2011 2010 2011 2010 (Unaudited) (Unaudited) (Unaudited) Net (loss) income $ (45,007) $ (500) $ (55,475) $ 3,547 Plus: Interest expense, net 352 278 1,171 939 Income tax (benefit) e