ACI Worldwide (ACIW) FY2021 results: revenue $1.4 billion, up 5.9% on the year
ACI Worldwide, Inc. (ACIW) reported revenue of $1.4 billion for fiscal 2021, the year ended 31 December 2021, up 5.9% on the year before. Net income was $128 million, up 75.9%, and diluted earnings per share $1.08. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$1.4 billion
+5.9% on the year
FY2014FY2021
Operating margin
15.3%
11.2% a year earlier
FY2014FY2021
Net income
$128 million
+75.9% on the year
FY2014FY2021
Diluted EPS
$1.08
+74.2% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
220
315
133
-30.0%
Capital expenditure
20.6
17.8
23.1
+15.6%
Free cash flow
200
297
110
-32.7%
Free cash flow margin
14.6%
23.0%
8.7%
Cash from investing
-45.4
-30.7
-830
Cash from financing
-257
-160
667
Depreciation and amortisation
133
140
123
-4.9%
Share-based compensation
27.2
29.6
36.8
-8.0%
Buybacks
107
28.9
35.6
+271.8%
Diluted shares, weighted
119m
118m
119m
+0.5%
Shares outstanding at period end
116m
117m
116m
-1.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,245
1,207
1,130
+3.2%
Debt
1,066
1,155
1,373
-7.7%
Operating lease liabilities
43.3
40.0
46.8
+8.5%
Other liabilities
805
985
708
-18.3%
Total liabilities and equity
3,159
3,387
3,258
-6.7%
Fixed assets
63.0
64.7
70.4
-2.6%
Goodwill
1,280
1,280
1,281
0.0%
Intangible assets
283
322
357
-12.1%
Cash and equivalents
122
165
121
-26.2%
Receivables
320
168
151
+91.2%
Other assets
1,090
1,387
1,278
-21.4%
Total assets
3,159
3,387
3,258
-6.7%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.