Aci Worldwide, Inc. · NASDAQ:ACIW

Aci Worldwide — Q1 2020 Earnings Presentation

18 slides from Aci Worldwide's earnings presentation, May 7, 2020

1. Slide 1: ACI Worldwide Q1 2020 Quarterly Earnings Presentation

   Exhibit 99.2 ACI WORLDWIDE Q1 2020 QUARTERLY EARNINGS PRESENTATION May 7, 2020

2. 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 provision

3. Slide 3: Quarter in Review

   Quarter in Review Odilon Almeida President and Chief Executive Officer

4. Slide 4: Solid Q1 Results

   Solid Q1 Results $291M $38M +371% $58M Total +42% Adjusted Cash Flow +36% Revenue EBITDA From Operations Q1 2019 Q1 2020 Q1 2019 Q1 2020 Q1 2019 Q1 2020

5. Slide 5: Resilient Business Model During the COVID-19 Crisis

   Resilient Business Model During the COVID-19 Crisis Nearly 75% of annual revenues are recurring Large contractual backlog of $5.7 billion $119 million in cash and $270 million available on credit facility High retention rates High quality customer base Significant eCommerce presence

6. Slide 6: Significant Opportunity for Medium and Long-Term Value Creation

   Significant Opportunity for Medium and Long- Term Value Creation Growth Strategy Drive organic growth Focus R&D on Provide step-change through a nimble and agile differentiating innovation, value creation through structure, focused on growth, such as fast-growing M&A with operational discipline real

7. Slide 7: Financial Review

   Financial Review Scott Behrens Chief Financial Officer

8. Slide 8: Key Takeaways from the Quarter

   Key Takeaways from the Quarter New Bookings • New bookings were $120 million, up 72% from Q1 2019 Backlog • 12-month backlog of $1.1 billion • 60-month backlog of $5.7 billion Revenue and Adjusted EBITDA • Revenue up 42% from Q1 2019 − ACI On Demand revenue increased 76% from Q1 2019 − ACI On Premis

9. Slide 9: Key Takeaways from the Quarter: Debt, Liquidity and Guidance

   Key Takeaways from the Quarter Debt and Liquidity • Cash flow from operating activities was $58 million, up 36% compared to Q1 2019 • Ended Q1 with $119 million in cash and $270 million of available credit facility • Paid down $19 million in debt and repurchased one million shares • Debt balance of

10. Slide 10: Resilient Business Model and Customer Mix

    Resilient Business Model and Customer Mix Merchants AOP ACI On Premise - 46% of revenue* 8% • Term software subscription model Intermediaries Banks • No SMBs • Large global banks and financial intermediaries 30% 62% • Large omni-channel and eCommerce merchants Merchants Banks AOD Billers – Consumer

11. Slide 11: Appendix

    Appendix

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15. Slide 15: Contract Duration Metric

    Contract Duration Metric ◦ Represents dollar average remaining contract life (in years) for term license software contracts ◦ Excludes perpetual contracts (primarily acquired software contracts) ◦ Excludes all On Demand contracts as both cash and revenue are ratable over the contract term 15

16. Slide 16: 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

17. Slide 17: Non-GAAP Financial Measures

    Non-GAAP Financial Measures ACI also includes backlog estimates, which include all license, maintenance, and services revenue (including SaaS and PaaS) specified in executed contracts, as well as revenues from assumed contract renewals to the extent that we believe recognition of the related revenue

18. Slide 18: 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

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