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USIO

Usio, Inc.

USIO

Usio, Inc. • NASDAQ
$1.44 ▼ -0.35% (-0.01)
Market Cap $38.64 M
52w High $2.92
52w Low $1.24
Dividend Yield 0%
P/E -72
Volume 40.98K
Outstanding Shares 26.83M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $21.18M ▲ $5.334M ▲ $-415.086K ▼ -1.96% ▼ $-0.02 ▼ $98.124K ▼
Q2-2025 $19.961M ▼ $5.072M ▲ $-366.654K ▼ -1.837% ▼ $-0.014 ▼ $178.537K ▼
Q1-2025 $22.009M ▲ $5.049M ▼ $-234.97K ▼ -1.068% ▼ $-0.01 ▼ $335.197K ▼
Q4-2024 $20.56M ▼ $5.668M ▲ $628.926K ▼ 3.059% ▼ $0.023 ▼ $1.546M ▲
Q3-2024 $21.321M $5.273M $2.851M 13.373% $0.1 $332.632K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $7.746M ▲ $99.401M ▼ $80.713M ▼ $18.689M ▼
Q2-2025 $7.506M ▼ $108.352M ▼ $89.619M ▼ $18.733M ▼
Q1-2025 $8.718M ▲ $109.62M ▲ $90.628M ▲ $18.992M ▼
Q4-2024 $8.057M ▼ $107.208M ▼ $88.051M ▼ $19.157M ▲
Q3-2024 $8.392M $114.604M $95.673M $18.931M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-415.086K ▼ $303.83K ▲ $-391.798K ▲ $-8.976M ▼ $240.045K ▲ $85.16K ▲
Q2-2025 $-366.654K ▼ $-263.884K ▼ $-433.913K ▼ $-1.113M ▼ $-1.212M ▼ $-24.56K ▼
Q1-2025 $-234.97K ▼ $1.374M ▼ $-313.254K ▼ $3.577M ▲ $661.356K ▲ $1.061M ▼
Q4-2024 $628.926K ▼ $10.519M ▲ $-246.11K ▼ $-4.729M ▼ $-335.426K ▲ $10.225M ▲
Q3-2024 $2.851M $-4.558M $-243.214K $-238.463K $-5.04M $-4.801M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
ACH and Complementary Service Revenue
ACH and Complementary Service Revenue
 $0 ▲$10.00M ▲$10.00M ▲$10.00M ▲
Credit Card Revenue
Credit Card Revenue
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Output Solutions
Output Solutions
 $10.00M ▲$10.00M ▲$0 ▼$0 ▲
Prepaid Card Services Revenue
Prepaid Card Services Revenue
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown steadily over the past several years, but profits remain very thin and bounce around breakeven. The business moved from a more noticeable loss a few years ago to roughly break-even or modest profitability recently, showing clear improvement but not yet a comfortable earnings cushion. Overall, it looks like a scaling story where top-line progress is outpacing but not yet firmly translating into strong, consistent bottom-line results.

Balance Sheet

Balance Sheet The balance sheet looks relatively simple and conservative, with no meaningful debt and a stable base of equity. Cash levels appear steady but not abundant, suggesting reasonable financial discipline but a limited safety buffer if conditions worsen. Asset levels have inched up over time, consistent with a company investing just enough to support growth without overextending itself.

Cash Flow

Cash Flow Cash generation from operations is generally positive over the five-year period, with one weak year in the middle and better performance before and after. Because capital spending is minimal, free cash flow largely tracks operating cash flow, which is a positive sign for a technology company of this size. The pattern is still somewhat lumpy, but the overall direction points toward a business that can usually fund itself from its own operations.

Competitive Edge

Competitive Edge Usio operates in a very crowded payments market but leans on a clear niche strategy: deep expertise in ACH payments, an integrated “PayFac-in-a-box” offering, and tight integration with software partners. Its proprietary platform, focus on underserved segments, and high-touch support create sticky relationships that can be hard for larger, more generic processors to dislodge. The main challenge is scale: competing with much bigger payment players while remaining visible and relevant, yet its specialization and full-stack approach give it a distinct place in the ecosystem.

Innovation and R&D

Innovation and R&D Innovation is a central part of the story: a unified cloud-based platform, strong API capabilities, embedded payments, and specialized products like Akimbo prepaid cards and Output Solutions. The recent move into AI-powered expense management via the PostCredit acquisition shows a push beyond pure payments into broader financial workflows. The opportunity is to turn these capabilities into a tightly integrated suite that expands revenue per customer, though successful integration and execution will be critical and not guaranteed.

Summary

Usio looks like a small but steadily maturing fintech platform: revenue rising, profitability hovering around breakeven but improving, and cash flow generally supportive of ongoing operations. Its strength lies in owning its technology, serving specialized payment and ACH niches, and building a unified “payments as a service” and expense-management offering. The flip side is execution risk in integrating new capabilities, dependence on continued transaction growth, and competition from larger, better-funded rivals. Overall, it appears to be transitioning from a niche payment processor toward a broader platform play, with progress evident but still in an early-to-middle stage of that journey.

NEWS

November 25, 2025 · 9:01 AM UTC

Usio Acquires PostCredit Co

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November 12, 2025 · 4:01 PM UTC

Usio Announces Third Quarter 2025 Financial Results

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November 4, 2025 · 9:05 AM UTC

Usio Reports Record Third Quarter 2025 Processing Volumes

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October 30, 2025 · 9:05 AM UTC

Usio to Host Third Quarter 2025 Conference Call to Discuss Results and Provide Company Update on November 12, 2025

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