Usio Inc (USIO) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.04. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -125%. A quarter ago, it was expected that this company would post a loss of $0.01 per share when it actually produced earnings of $0.02, delivering a surprise of 300%.Over the last four quarters, the company has surpassed consensus EPS es ...

Usio (USIO) Q1 2025 Earnings Call May 14, 2025 04:30 PM ET Speaker0 Hello, and welcome to Usio's First Quarter Fiscal twenty twenty five Earnings Conference Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note, today's event is being recorded. Now, I would like to turn the conference over to your host, Paul Manley. Please go ahead, sir. Speaker1 Thank you, operator, and thank you, everyone, for joining our call today. We ...

Revenue Growth - In Q1 2025, revenues increased by 5% to $22.0 million compared to $21.0 million in Q1 2024, driven by strong growth in ACH and complementary services [119]. - Total revenue for the quarter ended March 31, 2025, increased by 5% to $22.0 million, compared to $21.0 million for the same period in 2024, driven primarily by a 30% growth in ACH and complementary services [155]. - The company reported revenues of $22,009,050 for Q1 2025, compared to $20,970,386 in Q1 2024 [151]. Transaction Growth - Credit card transactions processed increased by 65% in Q1 2025 compared to Q1 2024, with credit card dollar volume up by 17% [126]. - ACH transaction counts rose by 36% in Q1 2025 compared to Q1 2024, with electronic check dollars processed increasing by 42% [127]. - ACH and complementary services revenue growth was attributed to a 42% increase in ACH check dollar volume, a 36% increase in transactions, and a 24% increase in returned check transactions [155]. Financial Performance - Adjusted EBITDA for Q1 2025 was $0.7 million, down from $0.8 million in the same period last year, with Adjusted EBITDA margins at 3.0% compared to 3.8% [149]. - Gross profit decreased by 1% to $4.8 million for the quarter ended March 31, 2025, with a gross profit percentage of revenue at 21.9%, down from 23.1% in the prior year [159]. - Net loss for the quarter ended March 31, 2025, was $0.2 million, an improvement from a net loss of $0.3 million for the same period in the prior year [166]. Cash Flow - Cash provided by operations was $1.4 million for the three months ended March 31, 2025, compared to $0.1 million for the same period in 2024, reflecting improved net income and reduced depreciation expense [176]. - Cash used in investing activities increased to $0.3 million for the three months ended March 31, 2025, primarily due to capital expenditures associated with software development and other investments [177]. - Cash provided by financing activities was $3.6 million for the three months ended March 31, 2025, compared to cash used of $6.8 million in the same period in 2024, driven by an increase in assets held for customers [178]. Expenses Management - The company has a focus on managing selling, general, and administrative expenses, maintaining them at $4.1 million, flat compared to the prior year [120]. - Cost of services increased by 7% to $17.2 million for the quarter ended March 31, 2025, due to increased revenues driving similar increases in processing and transactional expenses [157]. - Stock-based compensation expenses decreased to $0.4 million for the quarter ended March 31, 2025, down from $0.5 million in the prior year [160]. Strategic Initiatives - The company adopted a "One Usio" strategy to unify brand and sales approach, enhancing client onboarding and customer management [106]. - The company aims to assimilate current and future acquisitions to enhance its suite of payment technologies, with past acquisitions contributing significantly to current revenues [123]. - The company continues to invest in technology for faster payment methods, including expansion into Real Time Payments (RTP) in 2023 [105]. Market Position and Risks - The company holds NACHA certification for Third-Party Senders, being one of only nine companies to do so, enhancing its credibility in the market [108]. - Concerns about a potential recession increased during Q1 2025 due to geopolitical risks and changes in international trade policies [132]. - The Federal Reserve's interest rate cuts in late 2024 have led to lower interest earnings on cash accounts, impacting future income [131]. Prepaid Card Performance - The company’s prepaid card offerings include customizable options for expense management and disbursements, supporting various payment methods [113]. - Prepaid card load volumes decreased by 15% in Q1 2025 compared to Q1 2024, while transaction counts increased by 5% [128]. Processing Losses - The reserve for processing losses was $541,521 as of March 31, 2025, down from $897,116 at December 31, 2024 [138]. - Interest earnings from cash balances amounted to $0.5 million in Q1 2025, with $0.4 million recognized as revenue [131].

Record First Quarter Revenues of $22.0 million Total payment dollars processed through all payment channels up 34% versus the prior year period  SAN ANTONIO, May 14, 2025 (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced financial results for the first quarter, which ended March 31, 2025. Louis Hoch, President and Chief Executive Officer of Usio, said, “Results in ...

Revenue Performance - First quarter 2025 revenues reached $22.0 million, a 5% increase compared to the same quarter last year[8] - Revenues for the three months ended March 31, 2025, increased to $22,009,050, up from $20,970,386 in the same period of 2024, representing a growth of approximately 4.95%[28] - Credit card revenues increased by 4%, while PayFac revenues grew by 25%, reflecting a shift in the revenue mix[3] Payment Processing Metrics - Total payment dollars processed in Q1 2025 were $2.0 billion, up 34% from $1.5 billion in Q1 2024[6] - Total payment transactions processed in Q1 2025 were 13.7 million, representing a 41% increase over the same quarter last year[6] - ACH electronic check dollar volume increased by 42%, with transactions growing by 36% and returned check transactions up by 24% year-over-year[2] - Prepaid card load volume was strong at $98 million, indicating a focus on growing programs with recurring revenues[3] Profitability and Loss - Adjusted EBITDA for the quarter was $0.7 million, a slight decrease from $0.8 million in the prior year[4] - The company reported a net loss of approximately $0.2 million, or ($0.01) per share, compared to a net loss of $0.3 million, or ($0.01) per share, a year ago[4] - Gross profit for the same period was $4,809,143, slightly down from $4,853,695, indicating a decrease of about 0.91%[28] - The net loss for the three months ended March 31, 2025, was $234,970, compared to a net loss of $250,188 for the same period in 2024, showing an improvement of approximately 6.06%[28] - Adjusted EBITDA for the three months ended March 31, 2025, was $666,248, down from $793,470 in 2024, resulting in a margin of 3.0% compared to 3.8% in the prior year[33] Cash Flow and Assets - Operating cash flows improved to $1.4 million in Q1 2025, compared to $0.1 million in the same period last year[12] - The company added $0.7 million in cash to its balance sheet, ending Q1 2025 with $8.7 million in cash and cash equivalents[12] - Total current assets increased to $97,903,481 as of March 31, 2025, from $95,156,038 at December 31, 2024, reflecting a growth of approximately 2.89%[26] - Cash and cash equivalents, along with settlement processing assets, increased to $92,256,333 at the end of the period, up from $83,913,908 in the previous year, marking a growth of approximately 9.99%[30] Liabilities and Equity - Total liabilities rose to $90,628,208 as of March 31, 2025, compared to $88,051,484 at December 31, 2024, indicating an increase of about 2.92%[26] - The company issued 128,053 shares of common stock under its equity incentive plan during the period, contributing to an increase in additional paid-in capital to $99,992,655[32] - The company reported a decrease in stock-based compensation expenses to $410,062 for the three months ended March 31, 2025, down from $499,273 in the same period of 2024, reflecting a reduction of approximately 17.83%[28] Merchant Reserves - Merchant reserves increased to $4,925,101 as of March 31, 2025, compared to $4,890,101 at December 31, 2024, showing a slight increase of about 0.71%[26]

SAN ANTONIO, April 23, 2025 (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq:USIO), a leading provider of integrated, cloud-based electronic payment and embedded financial solutions, today announced it will release first quarter 2025 financial results for the period ended March 31, 2025, after the market closes on Wednesday, May 14, 2025. Usio’s management will host a conference call the same day, May 14, 2025, beginning at 4:30 p.m. Eastern time to review financial results and provide a business update. Following ma ...

Usio, Inc. (NASDAQ: USIO ) , with a market cap of about $43 million, so, more or less straddling the line between nano-cap and micro-cap, is a U.S.-based financial technology company. It focuses on electronicThe mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-cap companies, offering the Seeking Alpha investor compelling ...

Usio (USIO) Q4 2024 Earnings Call March 26, 2025 09:48 PM ET Company Participants Paul Manley - SVP, IRLouis Hoch - Chairman and CEOGreg Carter - EVP, Payment Acceptance Conference Call Participants Scott Buck - Managing Director & Senior Technology Analyst Operator Hello, and welcome to the UCO's Fourth Quarter and Fiscal Year End twenty twenty four Earnings Conference Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please als ...

Usio, Inc. (NASDAQ:USIO) Q4 2024 Results Conference Call March 26, 2025 4:30 PM ET Company Participants Paul Manley - Senior Vice President, Investor Relations Louis Hoch - Chairman, Chief Executive Officer Greg Carter - Executive Vice President, Payment & Acceptance Conference Call Participants Scott Buck - H.C. Wainwright Operator Hello, and welcome to the Usio's Fourth Quarter and Fiscal Year-End 2024 Earnings Conference Call. [Operator Instructions]. Please also note that today's event is being recorded ...

分组1 - Usio Inc reported quarterly earnings of $0.02 per share, exceeding the Zacks Consensus Estimate of a loss of $0.01 per share, representing an earnings surprise of 300% [1] - The company posted revenues of $20.56 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.50%, compared to year-ago revenues of $19.36 million [2] - Usio shares have increased approximately 13% since the beginning of the year, while the S&P 500 has declined by 1.8% [3] 分组2 - The current consensus EPS estimate for the coming quarter is $0.04 on revenues of $21.84 million, and for the current fiscal year, it is $0.14 on revenues of $94.02 million [7] - The Zacks Industry Rank indicates that the Financial Transaction Services sector is in the bottom 49% of over 250 Zacks industries, which may impact stock performance [8]