Usio ( (USIO) ) has released its Q4 earnings. Here is a breakdown of the information Usio presented to its investors.
Usio, Inc. is a prominent fintech company specializing in integrated, cloud-based electronic payment and financial solutions, serving a diverse clientele including merchants, banks, and card issuers.
In its latest earnings report, Usio announced improved profitability with fourth-quarter GAAP earnings of $0.02 per share and full-year GAAP earnings of $0.12 per share. The company also reported a record processing volume of $7.1 billion for the year, marking a 33% increase from the previous year.
Key financial highlights include a 17% increase in ACH and complementary services revenue for the quarter, alongside a 13% growth in Output Solutions. Despite a 24% decline in prepaid card services due to the winding down of COVID incentive programs, the company saw a 6% rise in credit card revenues, driven by strong performance in its PayFac portfolio. Usio also improved its cash position to a record $8.1 million, reflecting strong cash flow and strategic stock repurchases.
Looking ahead, Usio’s management remains optimistic about 2025, expecting revenue growth of 14-16% and adjusted EBITDA margins between 5-7%. The company plans to leverage its ‘One Usio’ strategy to better integrate its product offerings and enhance customer value, aiming for continued growth and shareholder value creation.