Slide 1: Earnings Presentation Q4 and Full Year 2022
Earnings Presentation Q4 and Full Year 2022 March 1, 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: FY 2022 Highlights
FY 2022 Highlights Consolidated Results Segment Results Balance Sheet Total revenue of $1.4B, up Banking revenue up 9%* $125M cash balance* 7% from 2021* $1B debt Adjusted EBITDA of $373M Merchant revenue up 5%* Net debt ratio of 2.6x* versus $384 million in 2021 Biller revenue up 6% Repurchased 8.6
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% #039;s in millions Foreign currency rates as of 12/31/22 * Proforma for the sale of the Corporate Onl
Slide 6: Real-Time Payments
MCI Worldwide Real-Time Payments
Slide 7: Supplemental Financial Data
Supplemental Financial Data Three Months Ended Years Ended December 31, December 31, Recurring Revenue (millions) 2022 2021 2022 2021 SaaS and PaaS fees $ 205.8 $ 190.8 $ 802.9 $ 774.3 Maintenance fees 48.9 51.5 200.0 210.5 Recurring Revenue $ 254.7 $ 242.3 $ 1,002.9 $ 984.8 Three Months Ended Years
Slide 8: Supplemental Financial Data
Supplemental Financial Data Three Months Ended Years Ended Adjusted EBITDA (millions) December 31, December 31, 2022 2021 2022 2021 Net income $ 90.2 $ 109.5 $ 142.2 $ 127.8 Plus: Income tax expense 42.8 44.9 64.5 47.3 Net interest expense 12.8 8.1 40.6 33.5 Net other (income) expense 2.4 0.3 (43.4)
Slide 9: Supplemental Financial Data
Supplemental Financial Data Three Months Ended Years Ended Segment Information (millions) December 31, December 31, 2022 2021 2022 2021 Revenue Banks $ 247.0 $ 283.4 $ 638.6 $ 625.1 Merchants 40.8 37.9 153.9 153.0 Billers 164.0 145.5 629.4 592.5 Total Revenue $ 451.8 $ 466.8 $ 1,421.9 $ 1,370.6 Recu
Slide 10: Supplemental Financial Data
Supplemental Financial Data EPS impact of non-cash and significant transaction-related items Three Months Ended December 31, (millions) 2022 2021 $ in Millions $ in Millions EPS Impact (Net of Tax) EPS Impact (Net of Tax) GAAP net income $ 0.81 $ 90.2 $ 0.93 $ 109.5 Adjusted for: Significant transac
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