earnings
confidence high
sentiment positive
materiality 0.65
Usio reports record FY2023 revenue of $82.6M (+19% YoY); guides FY2024 revenue growth 10-12%
Usio, Inc.
- Full year 2023 revenue $82.6M (+19% YoY, 7th consecutive record); Adj. EBITDA $2.4M.
- Q4 revenue $19.4M (+4% YoY); net income $0.03M vs loss of $0.15M in Q4 2022.
- Prepaid revenues up 105% in FY2023; card load volumes exceeded $100M in Q3 and Q4.
- FY2024 guidance: revenue growth 10-12%, Adj. EBITDA $4-4.5M, EPS $0.05-0.07.
- Ended FY2023 with $7.2M cash, no significant debt; repurchased $0.6M in shares.