Usio Issues Fiscal 2025 Guidance of 14-16% in Expected Revenue Growth as Core Full Year 2024 Electronic Payments Dollars Processed Volume Jumps 33% and Transactions Processed Grow 26%

Core Insights - Usio, Inc. expects revenue growth of 14-16% for the full year 2025, driven by strong transaction and processing volume momentum from 2024 [1][16] - The company reported a significant increase in recurring revenue, indicating a solid foundation for growth in both top and bottom lines for fiscal 2025 [2] Financial Performance - In Q4 2024, credit card dollars processed increased by 15% year-over-year, while transactions processed rose by 34%, setting a quarterly record [4] - Prepaid card load volume decreased by 2% year-over-year, but transaction volume increased by 36%, with total dollars loaded on prepaid cards exceeding $111 million [5] - Electronic check transaction volume grew by 34% year-over-year, marking the fifth consecutive quarter of growth in this segment [6] - For the full year 2024, total dollars processed reached $7.1 billion, a 33% increase, with total transactions processed totaling 46.8 million, reflecting 26% growth [13] Operational Highlights - The company has optimized its operating leverage, expecting increasing EBITDA margins as a percentage of revenue in 2025 [2] - Output Solutions processed over 5.4 million mail pieces and delivered more than 20 million electronic documents in Q4 2024, with electronic document delivery volume more than doubling compared to 2023 [7][12] - The company recorded a backlog of signed deals in PayFac and Card expected to be implemented in 2025, alongside a strong sales pipeline [14] Guidance and Future Outlook - Usio anticipates generating 5-7% of revenue in Adjusted EBITDA for 2025, continuing its trend of year-over-year growth and positive cash flows [16] - The company plans to report its fiscal year 2024 financial results on or before March 28, 2024 [16]