Slide 1: Alliance Data Q1 2015 Results
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 Alliance Data NYSE: ADS Q1 2015 ResultsApril 16, 2015
Slide 2: Agenda
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 Agenda Speakers: Ed Heffernan President and CEO Charles Horn EVP and CFO Melisa Miller EVP and President – Card Services First Quarter 2015 Consolidated ResultsSegment Results2015 Guidance and Critic
Slide 3: First Quarter Consolidated Results
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 First Quarter Consolidated Results(MM, except per share) Quarter Ended March 31, Quarter Ended March 31, Quarter Ended March 31, 2015 2014 % Change Revenue $ 1,601 $ 1,233 +30% EPS $ 2.32 $ 2.08 +12%
Slide 4: LoyaltyOne
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 LoyaltyOne (MM) Revenue and adjusted EBITDA increased 37 percent and 26 percent, respectively, on a constant currency basis. Tremendous quarter for BrandLoyalty with revenue up 100 percent from last
Slide 5: Epsilon
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 Epsilon (MM) Strong organic revenue and adjusted EBITDA growth of 6 percent and 5 percent, respectively. Solid 21 percent growth in 1st quarter volumes for Agility Harmony digital messaging platform.
Slide 6: Card Services
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 Card Services (MM) Strong revenue growth driven by 33 percent growth in average card receivables during Q1.Substantial growth in card receivables drove solid expense leveraging. The provision for loa
Slide 7: Card Services key metrics
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 Card Services (MM) Gross yield compression is due to mix (co-brand vs. PLCC) and acquired card receivables. Normalized loss rates (adjusted for acquired portfolios) were consistent between quarters.
Slide 8: First Quarter Summary
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 Q1, 2015 Revenue Adj. EBITDA, Net LoyaltyOne: BrandLoyalty $ 224 +100% 31 +117% Canada 228 +5% 58 +3% +7% miles issued Constant currency 452 +37% 89 +26% Non-controlling interest -7 FX impact -64 -12
Slide 9: 2015 Guidance and Critical Goals
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 2015 Guidance and Critical Goals Double-digit growth in revenue and adjusted EBITDANorth America expansion AIR MILES issuance growth returns to mid-single digit growthRevenue growth flows through to
Slide 10: Raising 2015 Guidance
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 Raising 2015 Guidance($MM, except per share) 9 2014 2015 2015 ’15 / ’14 Increase Actual Previous Guidance New Guidance Revenue $ 5,303 $ 6,500 $6,500 +23% Core EPS $ 12.56 $ 14.80 $14.90 +19% Diluted
Slide 11: Q & A
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 Q & A
Slide 12: Safe Harbor Statement and Forward Looking Statements
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 Safe Harbor Statement and Forward Looking Statements This presentation may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section
Slide 13: Financial Measures
©2015 ADS Alliance Data Systems, Inc. Confidential and Proprietary Earnings Release | April 16, 2015 Financial Measures In addition to the results presented in accordance with generally accepted accounting principles, or GAAP, the Company may present financial measures that are non-GAAP measures, su