Company profile

Ticker
USIO
Exchange
Website
CEO
Louis A. Hoch
Employees
Incorporated in
Location
Fiscal year end
Former names
Billserv Com Inc, Billserv Inc, Payment Data Systems Inc, Payment Data Systems Inc
SEC CIK
IRS number
980190072

USIO stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

30 Mar 20
4 Apr 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 7.09M 7.16M 6.59M
Net income -1.53M -1.24M -1.28M -1.07M
Diluted EPS -0.11 -0.09 -0.1 -0.09
Net profit margin -17.48% -17.82% -16.29%
Operating income -1.48M -1.23M -1.26M -1.1M
Net change in cash -498.8K -640.13K -1.19M 2.31M
Cash on hand 2.14M 2.64M 3.28M 4.47M
Cost of revenue 5.87M 5.54M 5.59M 5.25M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 28.2M 25.02M 14.57M 12.08M
Net income -5.12M -3.78M -3.01M -1.2M
Diluted EPS -0.39 -0.31 -0.33 -0.15
Net profit margin -18.14% -15.09% -20.65% -9.91%
Operating income -5.06M -3.77M -2.84M -1.36M
Net change in cash -22.12K -2.45M 491.14K 61.13K
Cash on hand 2.14M 2.16M 4.61M 4.12M
Cost of revenue 22.25M 19.45M 10.8M 8.29M

Financial data from USIO earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
1 Apr 20 Hoch Louis A Common Stock Grant Aquire A 1.08 300,000 324K 2,592,778
1 Apr 20 Jewell Lowell Thomas Common Stock Grant Aquire A 1.08 200,000 216K 455,443
1 Apr 20 Landers Vaden Cecil Common Stock Grant Aquire A 1.08 150,000 162K 1,965,152
1 Apr 20 Chapa Miguel A RSU Common Stock Grant Aquire A 0 10,000 0 30,000
1 Apr 20 Chapa Miguel A RSU Common Stock Grant Aquire A 0 10,000 0 20,000
1 Apr 20 Chapa Miguel A RSU Common Stock Grant Aquire A 0 10,000 0 10,000
1 Apr 20 Rollins Brad RSU Common Stock Grant Aquire A 0 10,000 0 52,222
1 Apr 20 Rollins Brad RSU Common Stock Grant Aquire A 0 10,000 0 42,222
1 Apr 20 Rollins Brad RSU Common Stock Grant Aquire A 0 10,000 0 32,222
13F holders
Current Prev Q Change
Total holders 1 11 -90.9%
Opened positions 0 4 -100.0%
Closed positions 10 8 +25.0%
Increased positions 0 2 -100.0%
Reduced positions 0 2 -100.0%
13F shares
Current Prev Q Change
Total value 0 2.7M -100.0%
Total shares 0 780.04K -100.0%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Proequities 0 $0
Largest transactions
Shares Bought/sold Change
EAM Investors 0 -207.92K EXIT
Vanguard 0 -188.23K EXIT
Essex Investment Management 0 -152.65K EXIT
River & Mercantile Asset Management 0 -152.65K EXIT
Renaissance Technologies 0 -27.3K EXIT
Baird Financial 0 -25K EXIT
BLK BlackRock 0 -21.93K EXIT
UBS UBS 0 -2.42K EXIT
CFR Cullen/Frost Bankers 0 -1.91K EXIT
Doyle Wealth Management 0 -23 EXIT

Financial report summary

?
Management Discussion
  • Our revenues are principally derived from providing integrated electronic payment services to merchants and businesses, including credit and debit card-based processing services and transaction processing via the Automated Clearing House, or ACH, network and the program management and processing of prepaid debit cards. Total revenues for 2019 increased by 12.7% to $28.2 million from $25.0 million in 2018. The key drivers of the revenue growth were gains in our profitable ACH business plus revenue gains in our payment facilitation and prepaid growth initiatives.
  • Cost of services includes the cost of personnel dedicated to the creation and maintenance of connections to third-party payment processors and the fees paid to such third-party providers for electronic payment processing services. Through our contractual relationships with our payment processors and sponsoring banks, we process ACH and debit, credit or prepaid card transactions on behalf of our customers and their consumers. We pay volume-based fees for debit, credit, ACH and prepaid transactions initiated through these processors or sponsoring banks, and pay fees for other transactions such as returns, notices of change to bank accounts and file transmission. Cost of services expense was $22.3 million and $19.5 million for 2019 and 2018, respectively. Cost of services expenses increased by $2.8 million, or 14.4%, in 2019 as compared to 2018 primarily due to increased credit card and prepaid processing volumes.
  • Gross profit is the net profit after deducting the cost of services. Gross profits were $5.9 million and $5.6 million for 2019 and 2018, respectively. Gross profit increased by $0.4 million, or 6.8%, in 2019 as compared to 2018. The key drivers of the profit growth were gains in our profitable ACH business plus profit growth in credit card portfolios.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Good
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Removed: accrue, comparability, consultant, disclosing, distracted, employed, exemption, funding, intent, intercompany, leasing, maturing, mutually, par, rebate, relied, resale, solicitation, thereof, transparency