Company profile

Louis A. Hoch
Incorporated in
Fiscal year end
Former names
Billserv Com Inc, Billserv Inc, Payment Data Systems Inc, Payment Data Systems Inc
IRS number

USIO stock data


Investment data

Data from SEC filings
Securities sold
Number of investors


14 Nov 19
23 Jan 20
31 Dec 20


Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 7.09M 7.16M 6.59M
Net income -1.24M -1.28M -1.07M -876.41K
Diluted EPS -0.09 -0.1 -0.09 -0.07
Net profit margin -17.48% -17.82% -16.29%
Operating income -1.23M -1.26M -1.1M -859.39K
Net change in cash -640.13K -1.19M 2.31M -160.28K
Cash on hand 2.64M 3.28M 4.47M 2.16M
Cost of revenue 5.54M 5.59M 5.25M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 25.02M 14.57M 12.08M 14.38M
Net income -3.78M -3.01M -1.2M 1.02M
Diluted EPS -0.31 -0.33 -0.15 0.08
Net profit margin -15.09% -20.65% -9.91% 7.07%
Operating income -3.77M -2.84M -1.36M 946.88K
Net change in cash -2.45M 491.14K 61.13K 1.26M
Cash on hand 2.16M 4.61M 4.12M 4.06M
Cost of revenue 19.45M 10.8M 8.29M 9.42M

Financial data from company earnings reports

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 NaN%
Total calls 0 0 NaN%
Total put/call ratio NaN NaN NaN%
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
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.
  • Revenues for the quarter ended September 30, 2019 increased 9.5% to $7.1 million, as compared to $6.5 million for the quarter ended September 30, 2018. Revenues for the nine months ended September 30, 2019 increased 12.0% to $20.8 million as compared to $18.6 million for the nine months ended September 30, 2018. The revenue increases came from our ACH, credit card and prepaid portfolios.
  • 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 service fees also include fees paid to referral agents and partners.
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