Usio Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Usio Inc has an operating margin of -1.8%, meaning the company retains $-2 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -0.5% the prior year.
Usio Inc's revenue declined 1.3% year-over-year, from $84.1M to $82.9M. This contraction results in a growth score of 25/100.
Usio Inc carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Usio Inc's current ratio of 1.12 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 25/100, which could limit financial flexibility.
Usio Inc's free cash flow margin of 2.3% results in a low score of 12/100. Capital expenditures of $992K absorb a large share of operating cash flow.
Usio Inc earns a strong 17.3% return on equity (ROE), meaning it generates $17 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 69/100.
Usio Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Usio Inc generates $0.88 in operating cash flow ($2.9M OCF vs $3.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Usio Inc earns $-27.3 in operating income for every $1 of interest expense (-$1.5M vs $54K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Usio Inc (USIO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Usio Inc generated $82.9M in revenue in fiscal year 2024. This represents a decrease of 1.3% from the prior year.
Usio Inc's EBITDA was $793K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 51.5% from the prior year.
Usio Inc generated $1.9M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 28.7% from the prior year.
Usio Inc reported $3.3M in net income in fiscal year 2024. This represents an increase of 795.7% from the prior year.
Usio Inc earned $0.12 per diluted share (EPS) in fiscal year 2024. This represents an increase of 700.0% from the prior year.
Usio Inc held $8.1M in cash against $572K in long-term debt as of fiscal year 2024.
Usio Inc had 27M shares outstanding in fiscal year 2024. This represents an increase of 1.1% from the prior year.
Usio Inc's gross margin was 23.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the prior year.
Usio Inc's operating margin was -1.8% in fiscal year 2024, reflecting core business profitability. This is down 1.2 percentage points from the prior year.
Usio Inc's net profit margin was 4.0% in fiscal year 2024, showing the share of revenue converted to profit. This is up 4.6 percentage points from the prior year.
Usio Inc's ROE was 17.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
Usio Inc spent $1.4M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 208.2% from the prior year.
Usio Inc invested $992K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 18.8% from the prior year.
USIO Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.2M+6.1% | $20.0M-9.3% | $22.0M+7.0% | $20.6M+2.4% | $20.1M-4.2% | $21.0M+3.8% | $20.2M-3.7% | $21.0M |
| Cost of Revenue | $16.3M+10.0% | $14.8M-13.8% | $17.2M+11.0% | $15.5M+1.4% | $15.3M-5.2% | $16.1M+8.4% | $14.9M-8.9% | $16.3M |
| Gross Profit | $4.9M-5.3% | $5.1M+6.9% | $4.8M-5.0% | $5.1M+5.5% | $4.8M-1.1% | $4.9M-8.9% | $5.3M+14.4% | $4.7M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $4.5M-2.9% | $4.6M-8.1% | $5.0M+22.6% | $4.1M+3.0% | $4.0M-22.1% | $5.1M | N/A | $5.4M |
| Operating Income | -$464K-16.9% | -$397K-65.7% | -$240K+60.3% | -$603K-188.5% | -$209K+25.9% | -$282K-525.7% | $66K+108.8% | -$750K |
| Interest Expense | $11K-3.5% | $12K-0.9% | $12K-3.5% | $12K-13.9% | $14K+4.9% | $14K+275.9% | $4K+819.6% | $393 |
| Income Tax | $69K+0.3% | $69K+10.1% | $63K-82.1% | $349K+398.3% | $70K0.0% | $70K0.0% | $70K0.0% | $70K |
| Net Income | -$415K-13.2% | -$367K-56.0% | -$235K-137.4% | $629K+733.1% | $75K+130.2% | -$250K-1064.7% | $26K+103.6% | -$721K |
| EPS (Diluted) | $-0.02-100.0% | $-0.010.0% | $-0.01-133.3% | $0.03 | $0.00+100.0% | $-0.01 | $0.00+100.0% | $-0.03 |
USIO Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $99.4M-8.3% | $108.4M-1.2% | $109.6M+2.2% | $107.2M-1.5% | $108.8M+9.9% | $99.1M-7.4% | $106.9M-18.1% | $130.5M |
| Current Assets | $88.1M-9.0% | $96.8M-1.1% | $97.9M+2.9% | $95.2M-4.9% | $100.1M+11.3% | $89.9M-7.6% | $97.2M-19.8% | $121.3M |
| Cash & Equivalents | $7.7M-3.9% | $8.1M-7.6% | $8.7M+8.2% | $8.1M+12.6% | $7.2M+1.4% | $7.1M-1.4% | $7.2M-3.3% | $7.4M |
| Inventory | $338K-11.2% | $380K+9.2% | $348K-13.7% | $404K-0.8% | $407K-5.3% | $430K+1.6% | $423K+5.5% | $401K |
| Accounts Receivable | $5.2M+6.5% | $4.9M+7.0% | $4.6M-9.6% | $5.1M-8.0% | $5.5M+13.0% | $4.9M-12.6% | $5.6M+6.9% | $5.2M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $80.7M-9.9% | $89.6M-1.1% | $90.6M+2.9% | $88.1M-5.4% | $93.1M+11.1% | $83.8M-8.8% | $91.9M-20.6% | $115.7M |
| Current Liabilities | $78.1M-10.2% | $86.9M-0.9% | $87.7M+3.3% | $84.9M-6.3% | $90.7M+11.6% | $81.2M-9.0% | $89.2M-21.6% | $113.8M |
| Long-Term Debt | $595K+20.0% | $495K-7.1% | $533K-6.8% | $572K-4.2% | $597K-5.3% | $631K-12.2% | $719K | $0 |
| Total Equity | $18.7M-0.2% | $18.7M-1.4% | $19.0M-0.9% | $19.2M+21.9% | $15.7M+2.9% | $15.3M+1.4% | $15.1M+1.2% | $14.9M |
| Retained Earnings | -$69.0M-0.6% | -$68.6M-0.5% | -$68.3M-0.3% | -$68.0M+4.9% | -$71.5M+0.1% | -$71.6M-0.4% | -$71.3M0.0% | -$71.4M |
USIO Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $304K+215.1% | -$264K-119.2% | $1.4M+36.7% | $1.0M+172.3% | $369K+316.3% | $89K+100.2% | -$38.0M-376.6% | $13.7M |
| Capital Expenditures | $219K+191.4% | -$239K-176.4% | $313K-64.0% | $869K+807.7% | -$123K-169.5% | $177K-28.6% | $248K+24.5% | $199K |
| Free Cash Flow | $85K+116.9% | -$503K-147.4% | $1.1M+682.0% | $136K-44.9% | $246K+379.6% | -$88K+99.8% | -$38.2M-382.5% | $13.5M |
| Investing Cash Flow | -$392K+9.7% | -$434K-38.5% | -$313K-27.3% | -$246K+11.6% | -$278K-57.5% | -$177K+28.6% | -$248K-24.5% | -$199K |
| Financing Cash Flow | -$9.0M-706.2% | -$1.1M-131.1% | $3.6M+136.3% | -$9.9M-205.7% | $9.3M+237.1% | -$6.8M-210.4% | $6.2M+9701.5% | -$64K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $58K-83.9% | $357K+1.4% | $352K-65.3% | $1.0M+866.9% | $105K+134.1% | $45K-88.4% | $388K+677.1% | $50K |
USIO Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.0%-2.8pp | 25.8%+3.9pp | 21.9%-2.8pp | 24.6%+0.7pp | 23.9%+0.7pp | 23.2%-3.2pp | 26.4%+4.2pp | 22.2% |
| Operating Margin | -2.2%-0.2pp | -2.0%-0.9pp | -1.1%+1.8pp | -2.9%-1.9pp | -1.0%+0.3pp | -1.3%-1.7pp | 0.3%+3.9pp | -3.6% |
| Net Margin | -2.0%-0.1pp | -1.8%-0.8pp | -1.1%-4.1pp | 3.1%+2.7pp | 0.4%+1.6pp | -1.2%-1.3pp | 0.1%+3.6pp | -3.4% |
| Return on Equity | N/A | N/A | N/A | 3.3%+2.8pp | 0.5% | N/A | 0.2% | N/A |
| Return on Assets | -0.4%-0.1pp | -0.3%-0.1pp | -0.2%-0.8pp | 0.6%+0.5pp | 0.1%+0.3pp | -0.3%-0.3pp | 0.0%+0.6pp | -0.5% |
| Current Ratio | 1.13+0.0 | 1.110.0 | 1.120.0 | 1.12+0.0 | 1.100.0 | 1.11+0.0 | 1.09+0.0 | 1.07 |
| Debt-to-Equity | 0.030.0 | 0.030.0 | 0.030.0 | 0.030.0 | 0.040.0 | 0.040.0 | 0.05+0.0 | 0.00 |
| FCF Margin | 0.4%+2.9pp | -2.5%-7.3pp | 4.8%+4.2pp | 0.7%-0.6pp | 1.2%+1.7pp | -0.4%+188.9pp | -189.3%-253.8pp | 64.5% |
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Frequently Asked Questions
What is Usio Inc's annual revenue?
Usio Inc (USIO) reported $82.9M in total revenue for fiscal year 2024. This represents a -1.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Usio Inc's revenue growing?
Usio Inc (USIO) revenue declined by 1.3% year-over-year, from $84.1M to $82.9M in fiscal year 2024.
Is Usio Inc profitable?
Yes, Usio Inc (USIO) reported a net income of $3.3M in fiscal year 2024, with a net profit margin of 4.0%.
What is Usio Inc's earnings per share (EPS)?
Usio Inc (USIO) reported diluted earnings per share of $0.12 for fiscal year 2024. This represents a 700.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Usio Inc's EBITDA?
Usio Inc (USIO) had EBITDA of $793K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Usio Inc have?
As of fiscal year 2024, Usio Inc (USIO) had $8.1M in cash and equivalents against $572K in long-term debt.
What is Usio Inc's gross margin?
Usio Inc (USIO) had a gross margin of 23.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Usio Inc's operating margin?
Usio Inc (USIO) had an operating margin of -1.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Usio Inc's net profit margin?
Usio Inc (USIO) had a net profit margin of 4.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Usio Inc's return on equity (ROE)?
Usio Inc (USIO) has a return on equity of 17.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Usio Inc's free cash flow?
Usio Inc (USIO) generated $1.9M in free cash flow during fiscal year 2024. This represents a -28.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Usio Inc's operating cash flow?
Usio Inc (USIO) generated $2.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Usio Inc's total assets?
Usio Inc (USIO) had $107.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Usio Inc's capital expenditures?
Usio Inc (USIO) invested $992K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Usio Inc buy back shares?
Yes, Usio Inc (USIO) spent $1.4M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Usio Inc have outstanding?
Usio Inc (USIO) had 27M shares outstanding as of fiscal year 2024.
What is Usio Inc's current ratio?
Usio Inc (USIO) had a current ratio of 1.12 as of fiscal year 2024, which is considered adequate.
What is Usio Inc's debt-to-equity ratio?
Usio Inc (USIO) had a debt-to-equity ratio of 0.03 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Usio Inc's return on assets (ROA)?
Usio Inc (USIO) had a return on assets of 3.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Usio Inc's Piotroski F-Score?
Usio Inc (USIO) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Usio Inc's earnings high quality?
Usio Inc (USIO) has an earnings quality ratio of 0.88x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Usio Inc cover its interest payments?
Usio Inc (USIO) has an interest coverage ratio of -27.3x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Usio Inc?
Usio Inc (USIO) scores 38 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.