NASDAQ : USIO
Usio, Inc. — Financial statements
Technology · Software - Infrastructure · United States
Last price 2.92 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 83.21M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Usio, Inc. (USIO) reported revenue of 92.57M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 92.57M | 85.39M | 82.93M | 84.07M | 69.43M | 61.94M |
| Cost of Revenue | 71.96M | 65.70M | 63.32M | 63.99M | 54.84M | 46.31M |
| Gross Profit | 20.61M | 19.69M | 19.61M | 20.07M | 14.59M | 15.63M |
| Selling, General & Admin | 20.23M | 20.11M | 18.82M | 18.44M | 17.07M | 13.14M |
| Operating Expenses | 21.73M | 22.05M | 21.08M | 20.52M | 19.81M | 15.79M |
| Operating Income | -1.12M | -2.36M | -1.47M | -447.36K | -5.21M | -155.38K |
| Interest Expense | -74.27K | -52.08K | -53.80K | -5.20K | -4.05K | -4.31K |
| Interest & Investment Income | 404.93K | 407.16K | 464.75K | 219.99K | 15.24K | 7.64K |
| Other Non Operating Income (Expenses) | 5.00K | 5.00K | 1.74M | 50.00K | 279.00 | |
| EBT Excluding Unusual Items | -784.76K | -2.00M | 678.28K | -182.58K | -5.20M | -151.77K |
| Pretax Income | -784.76K | -2.00M | 678.28K | -182.58K | -5.20M | -151.77K |
| Income Tax Expense | 723.37K | 512.81K | -2.63M | 292.52K | 280.00K | 169.86K |
| Net Income | -1.51M | -2.51M | 3.31M | -475.10K | -5.48M | -321.63K |
| Net Income to Common | -1.51M | -2.51M | 3.31M | -475.10K | -5.48M | -321.63K |
| Shares Outstanding (Basic) | 27.52M | 26.93M | 26.85M | 26.49M | 20.38M | 20.03M |
| Shares Outstanding (Diluted) | 27.52M | 26.93M | 26.85M | 26.49M | 20.38M | 20.03M |
| EPS (Basic) | -0.05 | -0.09 | 0.12 | -0.02 | -0.27 | -0.02 |
| EPS (Diluted) | -0.06 | -0.09 | 0.12 | -0.02 | -0.27 | -0.02 |
| Free Cash Flow | -237.18K | 1.08M | 2.70M | 2.67M | -17.85M | 28.51M |
| Free Cash Flow Per Share | -0.01 | 0.04 | 0.10 | 0.10 | -0.88 | 1.42 |
| Gross Margin | 22.26% | 23.06% | 23.65% | 23.88% | 21.02% | 25.24% |
| Operating Margin | -1.21% | -2.76% | -1.77% | -0.53% | -7.51% | -0.25% |
| Profit Margin | -1.63% | -2.94% | 3.99% | -0.56% | -7.90% | -0.52% |
| Free Cash Flow Margin | -0.26% | 1.26% | 3.26% | 3.18% | -25.71% | 46.03% |
| EBITDA | 377.19K | -413.38K | 792.96K | 1.63M | -2.48M | 2.49M |
| EBITDA Margin | 0.41% | -0.48% | 0.96% | 1.94% | -3.57% | 4.02% |
| D&A For EBITDA | 1.50M | 1.95M | 2.26M | 2.08M | 2.74M | 2.64M |
| EBIT | -1.12M | -2.36M | -1.47M | -447.36K | -5.21M | -155.38K |
| EBIT Margin | -1.21% | -2.76% | -1.77% | -0.53% | -7.51% | -0.25% |
| Advertising Expenses | 15.32K | 20.17K | 16.50K | 94.00K | 179.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 6.39M | 7.43M | 8.06M | 7.16M | 5.71M | 7.26M |
| Cash & Short-Term Investments | 6.39M | 7.43M | 8.06M | 7.16M | 5.71M | 7.26M |
| Accounts Receivable | 6.53M | 5.27M | 5.05M | 5.56M | 4.37M | 4.98M |
| Other Receivables | 1.49M | |||||
| Receivables | 6.53M | 5.27M | 6.55M | 5.56M | 4.37M | 4.98M |
| Inventory | 392.11K | 461.68K | 403.80K | 422.81K | 507.36K | 434.53K |
| Prepaid Expenses | 18.77M | 28.98M | 26.23M | 32.02M | 20.62M | 37.02M |
| Other Current Assets | 79.10M | 81.26M | 53.91M | 52.08M | 56.20M | 71.57M |
| Total Current Assets | 111.17M | 123.41M | 95.16M | 97.24M | 87.41M | 121.26M |
| Property, Plant & Equipment | 7.84M | 6.58M | 6.23M | 6.08M | 6.02M | 6.41M |
| Other Intangible Assets | 9.76K | 9.76K | 881.35K | 1.75M | 2.63M | 4.16M |
| Long-Term Deferred Tax Assets | 4.40M | 4.53M | 4.58M | 1.50M | 1.50M | 1.50M |
| Other Long-Term Assets | 362.95K | 362.95K | 357.88K | 355.36K | 355.36K | 345.36K |
| Total Assets | 123.79M | 134.89M | 107.21M | 106.93M | 97.91M | 133.68M |
| Accounts Payable | 967.36K | 880.59K | 1.26M | 1.03M | 858.62K | 1.40M |
| Accrued Expenses | 2.49M | 2.21M | 2.00M | 2.68M | 2.64M | 1.40M |
| Current Portion of Long-Term Debt | 343.34K | 289.32K | 147.58K | 107.27K | 56.43K | 54.76K |
| Current Portion of Leases | 750.01K | 639.80K | 612.68K | 633.62K | 617.32K | 504.03K |
| Current Income Taxes Payable | 251.56K | 326.59K | 474.56K | 294.95K | 320.85K | 298.17K |
| Current Unearned Revenue | 17.65K | |||||
| Other Current Liabilities | 96.67M | 109.67M | 80.46M | 84.48M | 77.13M | 108.78M |
| Total Current Liabilities | 101.47M | 114.02M | 84.95M | 89.23M | 81.62M | 112.46M |
| Long-Term Debt | 910.31K | 1.07M | 571.86K | 718.98K | 14.99K | 71.43K |
| Long-Term Leases | 2.61M | 1.89M | 2.53M | 1.92M | 2.34M | 2.48M |
| Total Liabilities | 104.99M | 116.98M | 88.05M | 91.87M | 83.98M | 115.01M |
| Common Stock | 32.61K | 31.56K | 198.32K | 197.09K | 195.47K | 195.24K |
| Additional Paid-In Capital | 104.01M | 102.36M | 99.68M | 97.48M | 94.05M | 93.10M |
| Retained Earnings | -70.14M | -70.54M | -68.03M | -71.34M | -70.86M | -65.38M |
| Treasury Stock | -7.21M | -6.84M | -5.77M | -4.36M | -3.75M | -2.40M |
| Comprehensive Income & Other | -7.90M | -7.10M | -6.91M | -6.91M | -5.70M | -6.84M |
| Shareholders' Equity | 18.79M | 17.91M | 19.16M | 15.07M | 13.93M | 18.67M |
| Total Liabilities & Equity | 123.79M | 134.89M | 107.21M | 106.93M | 97.91M | 133.68M |
| Total Debt | 4.61M | 3.89M | 3.87M | 3.38M | 3.03M | 3.11M |
| Net Cash (Debt) | 1.77M | 3.54M | 4.19M | 3.78M | 2.68M | 4.15M |
| Net Cash Per Share | 0.06 | 0.13 | 0.16 | 0.14 | 0.13 | 0.21 |
| Filing Date Shares Outstanding | 28.50M | 27.75M | 26.51M | 26.39M | 26.39M | 25.53M |
| Total Common Shares Outstanding | 28.51M | 27.73M | 26.61M | 26.33M | 25.10M | 25.47M |
| Working Capital | 9.70M | 9.39M | 10.21M | 8.01M | 5.79M | 8.79M |
| Book Value Per Share | 0.66 | 0.65 | 0.72 | 0.57 | 0.56 | 0.73 |
| Tangible Book Value | 18.78M | 17.90M | 18.28M | 13.32M | 11.31M | 14.51M |
| Tangible Book Value Per Share | 0.66 | 0.65 | 0.69 | 0.51 | 0.45 | 0.57 |
| Machinery | 4.69M | 4.47M | 4.36M | 3.35M | 3.15M | |
| Leasehold Improvements | 207.62K | 221.22K | 207.62K | 207.62K | 192.69K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -1.51M | -2.51M | 3.31M | -475.10K | -5.48M | -321.63K |
| Depreciation & Amortization | 1.50M | 1.95M | 2.26M | 2.08M | 2.74M | 2.64M |
| Loss (Gain) From Sale of Assets | 18.34K | |||||
| Stock-Based Compensation | 1.71M | 1.74M | 2.09M | 2.22M | 2.07M | 1.49M |
| Provision & Write-off of Bad Debts | -142.96K | 80.13K | 5.00K | 151.95K | ||
| Other Operating Activities | 80.26K | -57.97K | -3.15M | -156.16K | 20.96K | -74.06K |
| Change in Accounts Receivable | -1.49M | -301.08K | 505.50K | -1.19M | 607.85K | -2.27M |
| Change in Inventory | -11.65K | -57.88K | 19.01K | 84.55K | -72.82K | -258.07K |
| Change in Accounts Payable | 1.24M | -304.53K | -138.09K | 252.69K | 853.97K | 1.41M |
| Change in Unearned Revenue | -17.65K | -48.92K | ||||
| Change in Other Net Operating Assets | -716.63K | 977.30K | -2.03M | 689.72K | -17.75M | 27.06M |
| Operating Cash Flow | 656.03K | 1.51M | 2.90M | 3.51M | -17.04M | 29.78M |
| Capital Expenditures | -893.21K | -435.01K | -195.88K | -834.96K | -812.24K | -1.27M |
| Sale of Property, Plant & Equipment | 47.50K | |||||
| Sale (Purchase) of Intangibles | -905.92K | -1.10M | -796.00K | |||
| Investing Cash Flow | -1.80M | -1.54M | -944.38K | -834.96K | -812.24K | -1.27M |
| Long-Term Debt Issued | 791.74K | 166.00K | ||||
| Long-Term Debt Repaid | -147.16K | -106.81K | -56.99K | -54.77K | -39.80K | |
| Net Debt Issued (Repaid) | 606.53K | 644.59K | -106.81K | -56.99K | -54.77K | 126.19K |
| Issuance of Common Stock | 85.75K | 90.64K | 97.66K | 1.00M | ||
| Repurchase of Common Stock | -729.22K | -1.07M | -1.41M | -456.96K | -1.34M | -238.74K |
| Other Financing Activities | 13.16M | 29.05M | -3.73M | 6.57M | ||
| Financing Cash Flow | 13.13M | 28.72M | -5.14M | 6.06M | -1.40M | 887.46K |
| Net Cash Flow | 11.98M | 28.70M | -3.19M | 8.73M | -19.25M | 29.40M |
| Free Cash Flow | -237.18K | 1.08M | 2.70M | 2.67M | -17.85M | 28.51M |
| Free Cash Flow Margin | -0.26% | 1.26% | 3.26% | 3.18% | -25.71% | 46.03% |
| Free Cash Flow Per Share | -0.01 | 0.04 | 0.10 | 0.10 | -0.88 | 1.42 |
| Levered Free Cash Flow | -559.65K | 670.62K | 1.10M | 2.34M | 2.08M | 1.62M |
| Unlevered Free Cash Flow | -513.23K | 703.18K | 1.13M | 2.34M | 2.08M | 1.63M |
| Cash Interest Paid | 74.27K | 52.08K | 53.80K | 5.20K | 4.05K | 4.31K |
| Cash Income Tax Paid | 12.00K | 290.14K | 116.20K | 269.50K | 116.20K | |
| Change in Working Capital | -982.12K | 313.81K | -1.64M | -165.55K | -16.38M | 25.90M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 80.64M | 37.14M | 39.61M | 45.25M | 41.78M | 109.55M |
| Enterprise Value | 78.87M | 32.91M | 35.10M | 40.57M | 40.38M | 106.85M |
| Last Close Price | 2.83 | 1.36 | 1.46 | 1.72 | 1.65 | 4.36 |
| PE Ratio | 11.98 | |||||
| Forward PE | 43.54 | 144.00 | 12.17 | 25.94 | 76.18 | |
| PS Ratio | 0.87 | 0.43 | 0.48 | 0.54 | 0.60 | 1.77 |
| PB Ratio | 4.29 | 2.07 | 2.07 | 3.00 | 3.00 | 5.87 |
| P/TBV Ratio | 4.29 | 2.07 | 2.17 | 3.40 | 3.69 | 7.55 |
| P/FCF Ratio | 34.43 | 14.67 | 16.93 | 3.84 | ||
| P/OCF Ratio | 122.92 | 24.53 | 13.68 | 12.90 | 3.68 | |
| EV/Sales Ratio | 0.85 | 0.39 | 0.42 | 0.48 | 0.58 | 1.73 |
| EV/EBITDA Ratio | 209.10 | 44.26 | 24.83 | 42.94 | ||
| EV/FCF Ratio | 30.51 | 13.00 | 15.18 | 3.75 | ||
| Debt / Equity Ratio | 0.25 | 0.22 | 0.20 | 0.22 | 0.22 | 0.17 |
| Debt / EBITDA Ratio | 4.37 | 21.18 | 2.66 | 1.46 | 1.01 | |
| Debt / FCF Ratio | 3.61 | 1.43 | 1.26 | 0.11 | ||
| Net Debt / Equity Ratio | -0.09 | -0.20 | -0.22 | -0.25 | -0.19 | -0.22 |
| Net Debt / EBITDA Ratio | -4.70 | 8.57 | -5.29 | -2.31 | 1.08 | -1.67 |
| Net Debt / FCF Ratio | 7.47 | -3.29 | -1.55 | -1.41 | 0.15 | -0.15 |
| Asset Turnover | 0.80 | 0.70 | 0.78 | 0.82 | 0.60 | 0.57 |
| Inventory Turnover | 186.29 | 151.83 | 153.20 | 137.59 | 116.44 | 151.59 |
| Quick Ratio | 0.13 | 0.11 | 0.17 | 0.14 | 0.12 | 0.11 |
| Current Ratio | 1.10 | 1.08 | 1.12 | 1.09 | 1.07 | 1.08 |
| Return on Equity (ROE) | -8.04% | -13.55% | 19.32% | -3.28% | -33.64% | -1.82% |
| Return on Assets (ROA) | -0.60% | -1.22% | -0.86% | -0.27% | -2.81% | -0.09% |
| Return on Invested Capital (ROIC) | -6.94% | -16.09% | -11.20% | -3.97% | -40.47% | -1.07% |
| Return on Capital Employed (ROCE) | -5.00% | -11.30% | -6.60% | -2.50% | -32.00% | -0.70% |
| Earnings Yield | -2.07% | -6.77% | 8.34% | -1.05% | -13.12% | -0.29% |
| FCF Yield | -0.29% | 2.90% | 6.82% | 5.91% | -42.72% | 26.03% |
| Buyback Yield / Dilution | -2.26% | -0.28% | -1.36% | -29.99% | -1.75% | -29.82% |