Usio Reiterates Fiscal 2023 Revenue Growth Guidance of 18-20% - Seite 2

Fourth Quarter 2023 Processing Results

Card Processing, Including PayFac
		vQ4 22

vQ3 23

Credit Card Dollars Processed

+8%

-2%

Credit Card Transactions Processed

+0%

+4%

Year-over-year Credit Card Dollars Processed growth accelerated from 5% in the third quarter of 2023.

Prepaid
		vQ4 22		vQ3 23
Prepaid Card Load Volume		+129%		-2%
Prepaid Card Transaction Volume		+17%		-13%
Prepaid Card Purchase Volume		+65%		-2%

Total dollars loaded on prepaid cards exceeded $114 million in the fourth quarter, the second consecutive quarter of over $100 million in prepaid card loads.

ACH
		vQ4 22		vQ3 23
Electronic Check Transaction Volume		+2%		+7%
Returned Check Transactions Processed		+0%		+8%
Electronic Check Dollars Processed		+25%		+5%

Electronic check transaction volume and dollars processed in the fourth quarter were both up year-over-year after recording declines earlier in the year.

Output Solutions
		vQ4 22		vQ3 23
Transactions/pieces processed		-18%		+7%

Total pieces processed and mailed by Output Solutions in Q4 exceeded 6 million, and electronic documents delivered exceeded 11 million. After running at over 100% of capacity for much of 2023, Output Solutions recently invested in new technology to expand its production capacity by approximately 50%, which is expected to reignite year-over-year growth beginning early in 2024.