Core Insights - Usio, Inc. reported a solid performance in Q3 2025, with total payment dollars processed increasing by 8% year-over-year, reaching $2.18 billion, and achieving all-time quarterly records in various processing metrics [1][7][9] Financial Performance - Consolidated revenues for Q3 2025 were $21.18 million, slightly down from $21.32 million in Q3 2024, primarily due to a decline in prepaid card services [4][9] - ACH and complementary services revenues grew by 36% to $5.84 million, while credit card revenues increased by 2% to $7.35 million [10][9] - The company reported a net loss of approximately $0.4 million, or $0.02 per share, compared to a net income of $2.9 million, or $0.10 per share, in the same quarter of the previous year [5][14] Operational Metrics - Total payment transactions processed in Q3 2025 were 16.2 million, a 27% increase from the same quarter last year [7] - The ACH division saw electronic check dollar volume increase by 8%, with transactions growing by 26% and returned check transactions up by 35% year-over-year [3][8] Strategic Developments - The company is focused on growing its recurring revenue base and has implemented a significant enterprise customer in its card business, expected to generate over $100 million in annual recurring processing volume [6] - Usio has invested over $760,000 in share repurchases this year, indicating a strong financial position with $7.7 million in cash and positive cash flow [6][19] Expense Management - Selling, general and administrative (SG&A) expenses increased to $4.5 million in Q3 2025 from $4.1 million in the prior year, attributed to higher salaries and operational costs [13][14] - Adjusted EBITDA for Q3 2025 was $0.4 million, down from $0.8 million in the same quarter a year ago [5][14]

Core Viewpoint - The company, Shen Si Electronics, has indicated its capability to provide integrated authentication and payment solutions utilizing facial recognition, QR codes, cards, and palm recognition for various sectors including smart healthcare, intelligent transportation, smart campuses, and commercial retail [1] Group 1 - The company and its subsidiaries offer electronic payment products and comprehensive solutions [1] - The solutions are designed to enhance convenience and security for customers [1]