secwatch.observer — SEC 8-K summary
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Issuer:     Usio, Inc. (USIO)
CIK:        0001088034
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0001437749-24-009584
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Usio reports record FY2023 revenue of $82.6M (+19% YoY); guides FY2024 revenue growth 10-12%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1088034/000143774924009584/0001437749-24-009584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1088034/000143774924009584/usio20231129_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-009584

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer