Company profile

Ticker
ACIW
Exchange
CEO
Odilon Almeida
Employees
Incorporated
Location
Fiscal year end
Former names
TRANSACTION SYSTEMS ARCHITECTS INC
SEC CIK
IRS number
470772104

ACIW stock data

(
)

Calendar

6 Aug 20
15 Aug 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Jun 20 Mar 20 Dec 19 Sep 19
Revenue 299.91M 291.49M 399.92M 354.9M
Net income 14.08M -24.43M 55.49M 31.81M
Diluted EPS 0.12 -0.21 0.47 0.27
Net profit margin 4.69% -8.38% 13.87% 8.96%
Operating income 29.14M -11.28M 102.41M 55.32M
Net change in cash 10.1M -2.27M -183K -17.82M
Cash on hand 129.22M 119.12M 121.4M 121.58M
Cost of revenue 147.35M 165.84M 173.1M 174.17M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 1.26B 1.01B 1.02B 1.01B
Net income 67.06M 68.92M 5.14M 129.54M
Diluted EPS 0.57 0.59 0.04 1.09
Net profit margin 5.33% 6.83% 0.50% 12.88%
Operating income 123.76M 125.91M 84.64M 221.13M
Net change in cash -27.1M 78.79M -6.04M -26.49M
Cash on hand 121.4M 148.5M 69.71M 75.75M
Cost of revenue 617.45M 430.35M 452.29M 444.91M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
19 Jun 20 Sanchez Adalio T Common Stock Buy Aquire P No 0 4,600 0 62,907
9 Jun 20 Warsop Thomas W III Common Stock Grant Aquire A No 0 8,837 0 59,987
9 Jun 20 Poe David A Common Stock Grant Aquire A No 0 8,837 0 73,026
9 Jun 20 Peters Charles E JR Common Stock Grant Aquire A No 0 8,837 0 59,487
9 Jun 20 Hale James C Iii Common Stock Grant Aquire A No 0 8,837 0 57,811
13F holders
Current Prev Q Change
Total holders 253 273 -7.3%
Opened positions 33 50 -34.0%
Closed positions 53 33 +60.6%
Increased positions 100 87 +14.9%
Reduced positions 93 102 -8.8%
13F shares
Current Prev Q Change
Total value 2.93B 4.54B -35.4%
Total shares 117.39M 119.13M -1.5%
Total puts 25.1K 24K +4.6%
Total calls 14.5K 25.7K -43.6%
Total put/call ratio 1.7 0.9 +85.4%
Largest owners
Shares Value Change
BLK BlackRock 13.51M $326.16M -2.3%
Vanguard 10.95M $264.54M +2.1%
WDR Waddell & Reed Financial 10.28M $248.26M -0.8%
Cardinal Capital Management 4.67M $112.67M -1.4%
STT State Street 3.77M $90.94M +0.9%
JHG Janus Henderson 2.9M $70.12M +11.0%
Dimensional Fund Advisors 2.82M $68.07M -2.6%
Conestoga Capital Advisors 2.75M $66.39M +2.8%
Brown Capital Management 2.57M $62.02M -2.6%
SAMG Silvercrest Asset Management 2.54M $61.28M +1.3%
Largest transactions
Shares Bought/sold Change
Parnassus Investments 911.84K -2.06M -69.4%
Norges Bank 0 -1.55M EXIT
Starboard Value 1.44M +1.44M NEW
Fred Alger Management 316.97K -1.43M -81.8%
BAC Bank of America 2.26M +1.23M +118.6%
River Road Asset Management 933.32K +933.32K NEW
Shannon River Fund Management 776.7K +776.7K NEW
Copper Rock Capital Partners 0 -653.77K EXIT
P2 Capital Partners 1.9M +632.63K +50.1%
Fuller & Thaler Asset Management 0 -622.74K EXIT

Financial report summary

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Competition
Computer SciencesNCRFiservFirst DataAtos OriginS1NICMastercardVisaCR2
Risks
  • Factors That May Affect Our Future Results or the Market Price of Our Common Stock
  • The markets in which we compete are rapidly changing and highly competitive, and we may not be able to compete effectively.
  • Our Universal Payments strategy could prove to be unsuccessful in the market.
  • Our future profitability depends on demand for our products.
  • Consolidations and failures in the financial services industry may adversely impact the number of customers and our revenues in the future.
  • Potential customers may be reluctant to switch to a new vendor, which may adversely affect our growth, both in the United States and internationally.
  • Failure to obtain renewals of customer contracts or obtain such renewals on favorable terms could adversely affect our results of operations and financial condition.
  • The delay or cancellation of a customer project or inaccurate project completion estimates may adversely affect our operating results and financial performance.
  • Our software products may contain undetected errors or other defects, which could damage our reputation with customers, decrease profitability, and expose us to liability.
  • If our products and services fail to comply with legislation, government regulations, and industry standards to which our customers are subject, it could result in a loss of customers and decreased revenue.
  • If we fail to comply with the complex regulations applicable to our payments business, we could be subject to liability or our revenues may be reduced.
  • If we fail to comply with privacy regulations imposed on providers of services to financial institutions, our business could be harmed.
  • If our security measures are breached or become infected with a computer virus, or if our services are subject to attacks that degrade or deny the ability of users to access our products or services, our business will be harmed by disrupting delivery of services and damaging our reputation.
  • We may be unable to protect our intellectual property and technology.
  • We may be subject to increasing litigation over our intellectual property rights.
  • Certain payment funding methods expose us to the credit and/or operating risk of our clients.
  • If we experience business interruptions or failure of our information technology and communication systems, the availability of our products and services could be interrupted which could adversely affect our reputation, business and financial condition.
  • We are engaged in offshore software development activities, which may not be successful and which may put our intellectual property at risk.
  • There are a number of risks associated with our international operations that could have a material impact on our operations and financial condition.
  • Global economic conditions could reduce the demand for our products and services or otherwise adversely impact our cash flows, operating results and financial condition.
  • Our business and operating results could be adversely affected by events outside of our control, including natural disasters, wars and outbreaks of disease or other adverse public health developments.
  • We may become involved in litigation that could materially adversely affect our business financial condition, cash flows and/or results of operations.
  • If we engage in acquisitions, strategic partnerships or significant investments in new business, we will be exposed to risks which could materially adversely affect our business.
  • We may experience difficulties integrating Speedpay, which could cause us to fail to realize the anticipated benefits of the acquisition.
  • Our balance sheet includes significant amounts of goodwill and intangible assets. The impairment of a significant portion of these assets could negatively affect our financial results.
  • Our outstanding debt contains restrictions and other financial covenants that limit our flexibility in operating our business.
  • Our existing levels of debt and debt service requirements may adversely affect our financial condition or operational flexibility and prevent us from fulfilling our obligations under our outstanding indebtedness.
  • Replacement of the LIBOR benchmark interest rate could adversely affect our business, financial condition, and results of operations.
  • Management’s backlog estimate may not be accurate and may not generate the predicted revenues.
  • We may face exposure to unknown tax liabilities, which could adversely affect our financial condition, cash flows and/or results of operations.
  • Our revenue and earnings are highly cyclical, our quarterly results fluctuate significantly, and we have revenue-generating transactions concentrated in the final weeks of a quarter which may prevent accurate forecasting of our financial results and cause our stock price to decline.
  • Due to the industry we operate in, our stock price may be volatile.
Management Discussion
  • Total revenue for the three months ended June 30, 2020, increased $2.3 million, or 1%, as compared to the same period in 2019.
  • •Speedpay contributed an incremental $34.7 million in total revenue during the three months ended June 30, 2020, as compared to the same period in 2019.
  • •The impact of foreign currencies weakening against the U.S. dollar resulted in a $3.7 million decrease in total revenue during the three months ended June 30, 2020, as compared to the same period in 2019.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: anniversary, attrition, award, counting, earlier, exceed, forfeited, purpose, requisite, RSU, stockholder, unearned, whichever
Removed: behavior, borrowing, deem, delay, immaterial, leading, office, presently, Universal