Slide 1: Q2 Fiscal 2023 Supplemental Information
Q2 Fiscal 2023 Supplemental Information
Slide 2: Revenue Composition
Revenue Composition ($ in thousands) Quarter Ended December 31, September 30, December 31, September 30, March 31, 2023 2022 2022 June 30, 2022 March 31, 2022 2021 2021 June 30, 2021 March 31, 2021 Software and related service revenue SaaS(1) $ 9,901 $ 9,230 $ 8,833 $ 8,450 $ 7,899 $ 6,310 $ 6,173 $
Slide 3: Annualized Recurring Revenue (ARR)
Annualized Recurring Revenue (“ARR”) 1. SaaS revenue is earned when we provide, as a service to our customers over time, the right to access our software, generally hosted in a cloud environment. 2. Transaction-based software revenue is earned when we provide services through our software and charge
Slide 4: Q2 Fiscal 2023 GAAP Measures
Q2 Fiscal 2023 GAAP Measures The following is our income (loss) from operations for the three and six months ended March 31, 2023 and 2022 calculated in accordance with GAAP. The presentation also includes references to the Company’s non-GAAP financials measures. The Company believes that, in additi
Slide 5: Q2 Fiscal 2023 Segment Performance
(1) Q2 Fiscal 2023 Segment Performance ($ in thousands) Three Months Ended March 31, Period over period 2023 2022 growth Revenue Merchant Services $ 33,094 $ 29,180 13% Software and Services 60,797 48,962 24% Other (19) (22) (14)% Total $ 93,872 $ 78,120 20% Adjusted EBITDA(2) Merchant Services $ 8,
Slide 6: Q2 YTD Fiscal 2023 Segment Performance
(1) Q2 YTD Fiscal 2023 Segment Performance ($ in thousands) Six Months Ended March 31, Period over period 2023 2022 growth Revenue Merchant Services 65,928 58,357 13% Software and Services 114,010 93,736 22% Other (37) (34) 9% Total $ 179,901 $ 152,059 18% Adjusted EBITDA(2) Merchant Services $ 17,9
Slide 7: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures The reconciliation of our quarterly income (loss) from operations to non-GAAP pro forma adjusted net income (loss) and non-GAAP adjusted EBITDA: ($ in thousands) Three Months Ended March 31, 2023 Three Months Ended March 31, 2022 Merchant Software and Me
Slide 8: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures 1. Financing-related expenses includes expenses directly related to certain transactions as part of financing transactions. 2. Non-cash change in fair value of contingent consideration reflects the changes in management’s estimates of future cash conside
Slide 9: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures The reconciliation of our fiscal year to date income (loss) from operations to non-GAAP pro forma adjusted net income and non-GAAP adjusted EBITDA excluding acquisition revenue adjustments is as follows: ($ in thousands) Six Months Ended March 31, 2023 S
Slide 10: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures 1. Financing-related expenses includes expenses directly related to certain transactions as part of financing transactions. 2. Non-cash change in fair value of contingent consideration reflects the changes in management’s estimates of future cash conside
Slide 11: Reconciliation Between GAAP Debt and Covenant Debt
Reconciliation Between GAAP Debt and Covenant Debt The reconciliation of our GAAP Long-term debt, before issuance costs, and the debt balance used in our Total Leverage Ratio: ($ in millions) As of March 31, 2023 Revolving lines of credit to banks under the Senior Secured Credit Facility $ 271.1 1%