Usio ( (USIO) ) has released its Q1 earnings. Here is a breakdown of the information Usio presented to its investors.
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Usio, Inc. is a leading FinTech company specializing in integrated, cloud-based electronic payment and embedded financial solutions, serving a diverse clientele including merchants, banks, and software vendors. The company is headquartered in San Antonio, Texas.
In the first quarter of 2025, Usio reported record revenues of $22.0 million, marking a 5% increase from the previous year. The company experienced a significant growth in payment processing volume, with a 34% increase in total payment dollars processed compared to the same period in 2024.
Key financial highlights include a 42% increase in electronic check dollar volume and a 36% rise in transaction volume within the ACH segment. Despite a net loss of $0.2 million, the company achieved positive adjusted EBITDA of $0.7 million. Usio’s strategic focus on ACH and complementary services contributed significantly to revenue growth, while PayFac revenues grew by 25%, offsetting declines in prepaid card services.
Looking ahead, Usio’s management remains optimistic about the company’s financial position and growth prospects, supported by a robust pipeline of signed deals and a focus on recurring revenue streams. The company is well-positioned to capitalize on new business opportunities and enhance shareholder value over the long term.