Usio, Inc. (USIO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Usio, Inc. (USIO) stock price & volume — 10-year historical chart
Usio, Inc. (USIO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Usio, Inc. (USIO) competitors in Payments Processing and Fintech Services — business model, growth, and fundamentals comparison
Usio, Inc. (USIO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Usio, Inc. (USIO) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 14.57M | 25.02M | 28.2M | 32.25M | 61.94M | 69.43M | 82.59M | 82.93M | 85.39M |
| Revenue Growth % | 20.66% | 71.74% | 12.69% | 14.37% | 92.06% | 12.09% | 18.96% | 0.41% | 2.97% |
| Cost of Goods Sold | 10.8M | 19.45M | 22.25M | 24.88M | 46.31M | 54.84M | 63.99M | 63.32M | 65.7M |
| COGS % of Revenue | 74.14% | 77.74% | 78.9% | 77.13% | 74.76% | 78.98% | 77.48% | 76.35% | 76.94% |
| Gross Profit | 3.77M▲ 0% | 5.57M▲ 47.8% | 5.95M▲ 6.8% | 7.38M▲ 24.0% | 15.63M▲ 111.9% | 14.59M▼ 6.6% | 18.6M▲ 27.4% | 19.61M▲ 5.5% | 19.69M▲ 0.4% |
| Gross Margin % | 25.86% | 22.26% | 21.1% | 22.87% | 25.24% | 21.02% | 22.52% | 23.65% | 23.06% |
| Gross Profit Growth % | -0.39% | 47.8% | 6.82% | 23.98% | 111.94% | -6.65% | 27.45% | 5.46% | 0.4% |
| Operating Expenses | 6.61M | 9.34M | 11.01M | 11.13M | 15.79M | 19.81M | 20.52M | 21.08M | 22.05M |
| OpEx % of Revenue | 45.33% | 37.34% | 39.05% | 34.52% | 25.49% | 28.53% | 24.85% | 25.42% | 25.82% |
| Selling, General & Admin | 5.35M | 7.47M | 8.99M | 9.61M | 1.49M | 17.07M | 18.44M | 2.09M | 0 |
| SG&A % of Revenue | 36.7% | 29.84% | 31.88% | 29.81% | 2.41% | 24.59% | 22.33% | 2.52% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1.58K | -77 | 2.02M | 1.52M | 14.3M | 2.74M | 2.08M | 18.99M | 22.05M |
| Operating Income | -2.84M▲ 0% | -3.77M▼ 33.0% | -5.06M▼ 34.1% | -3.76M▲ 25.8% | -155.38K▲ 95.9% | -5.21M▼ 3255.9% | -1.92M▲ 63.1% | -1.47M▲ 23.5% | -2.24M▼ 52.7% |
| Operating Margin % | -19.47% | -15.08% | -17.95% | -11.65% | -0.25% | -7.51% | -2.33% | -1.77% | -2.63% |
| Operating Income Growth % | -108.52% | -33.05% | -34.14% | 25.8% | 95.86% | -3255.9% | 63.13% | 23.52% | -52.66% |
| EBITDA | -1.58M | -1.9M | -3.04M | -2.24M | 2.49M | -2.48M | 159.03K | 792.96K | -298.38K |
| EBITDA Margin % | -10.84% | -7.59% | -10.78% | -6.94% | 4.02% | -3.57% | 0.19% | 0.96% | -0.35% |
| EBITDA Growth % | -244% | -20.27% | -60.12% | 26.37% | 211.15% | -199.64% | 106.41% | 398.61% | -137.63% |
| D&A (Non-Cash Add-back) | 1.26M | 1.88M | 2.02M | 1.52M | 2.64M | 2.74M | 2.08M | 2.26M | 1.95M |
| EBIT | -2.84M | -3.77M | -5.06M | -3.76M | -147.46K | -5.2M | -177.38K | 732.09K | -2.24M |
| Net Interest Income | 100.96K | 76.55K | 81.79K | 60.29K | 3.33K | 11.19K | 1.69M | 410.94K | 355.08K |
| Interest Income | 100.96K | 76.55K | 81.79K | 60.29K | 7.64K | 15.24K | 1.7M | 464.75K | 407.16K |
| Interest Expense | 0 | 0 | 0 | 0 | 4.31K | 4.05K | 5.2K | 53.8K | 52.08K |
| Other Income/Expense | 102.55K | 76.47K | 49.14K | 873.79K | 3.61K | 11.19K | 1.74M | 2.15M | 245.08K |
| Pretax Income | -2.73M▲ 0% | -3.7M▼ 35.2% | -5.01M▼ 35.6% | -2.88M▲ 42.5% | -151.77K▲ 94.7% | -5.2M▼ 3328.3% | -182.58K▲ 96.5% | 678.28K▲ 471.5% | -2M▼ 394.8% |
| Pretax Margin % | -18.77% | -14.78% | -17.78% | -8.94% | -0.24% | -7.49% | -0.22% | 0.82% | -2.34% |
| Income Tax | 274.32K | 77.78K | 101.89K | 23.11K | 169.86K | 280K | 292.52K | -2.63M | 512.81K |
| Effective Tax Rate % | -10.03% | -2.1% | -2.03% | -0.8% | -111.92% | -5.38% | -160.22% | -387.33% | -25.65% |
| Net Income | -3.01M▲ 0% | -3.78M▼ 25.5% | -5.12M▼ 35.5% | -2.91M▲ 43.2% | -321.63K▲ 88.9% | -5.48M▼ 1604.8% | -475.1K▲ 91.3% | 3.31M▲ 795.7% | -2.51M▼ 176.0% |
| Net Margin % | -20.65% | -15.09% | -18.14% | -9.01% | -0.52% | -7.9% | -0.58% | 3.99% | -2.94% |
| Net Income Growth % | -151.44% | -25.49% | -35.49% | 43.19% | 88.93% | -1604.81% | 91.34% | 795.74% | -176% |
| Net Income (Continuing) | -3.01M | -3.78M | -5.12M | -2.91M | -321.63K | -5.48M | -475.1K | 3.31M | -2.51M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.33▲ 0% | -0.31▲ 6.1% | -0.39▼ 25.8% | -0.19▲ 51.3% | -0.02▲ 91.5% | -0.27▼ 1577.0% | -0.02▲ 91.3% | 0.12▲ 608.5% | -0.09▼ 177.8% |
| EPS Growth % | -120% | 6.06% | -25.81% | 51.28% | 91.53% | -1577.02% | 91.26% | 608.47% | -177.75% |
| EPS (Basic) | -0.33 | -0.31 | -0.39 | -0.19 | -0.02 | -0.27 | -0.02 | 0.12 | -0.09 |
| Diluted Shares Outstanding | 9M | 12.13M | 12.96M | 15.43M | 20.03M | 20.38M | 20.11M | 26.85M | 26.93M |
| Basic Shares Outstanding | 9M | 12.13M | 12.96M | 15.43M | 20.03M | 20.38M | 20.11M | 26.85M | 26.93M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Usio, Inc. (USIO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 59.1M | 60.91M | 53.05M | 69.09M | 121.26M | 87.41M | 97.24M | 95.16M | 123.41M |
| Cash & Short-Term Investments | 4.8M | 2.7M | 2.14M | 5.01M | 7.26M | 5.71M | 7.16M | 8.06M | 7.43M |
| Cash Only | 4.8M | 2.7M | 2.14M | 5.01M | 7.26M | 5.71M | 7.16M | 8.06M | 7.43M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.12M | 1.32M | 1.27M | 2.86M | 4.98M | 4.37M | 5.56M | 6.55M | 5.27M |
| Days Sales Outstanding | 28.05 | 19.3 | 16.49 | 32.41 | 29.34 | 22.98 | 24.59 | 28.82 | 22.55 |
| Inventory | 14.98M | 12.75M | 0 | 176.47K | 434.53K | 507.36K | 422.81K | 403.8K | 461.68K |
| Days Inventory Outstanding | 506.05 | 239.16 | - | 2.59 | 3.42 | 3.38 | 2.41 | 2.33 | 2.56 |
| Other Current Assets | 53.01M | 56.89M | 49.11M | 53.43M | 70.63M | 55.1M | 52.08M | 52.58M | 110.24M |
| Total Non-Current Assets | 8.33M | 7.31M | 8.51M | 13.58M | 12.42M | 10.5M | 9.69M | 12.05M | 11.48M |
| Property, Plant & Equipment | 2.11M | 1.93M | 4.04M | 5.78M | 6.41M | 6.02M | 6.08M | 6.23M | 6.58M |
| Fixed Asset Turnover | 6.92x | 12.95x | 6.98x | 5.58x | 9.66x | 11.54x | 13.58x | 13.31x | 12.98x |
| Goodwill | 9.76K | 9.76K | 9.76K | 9.76K | 0 | 0 | 9.76K | 0 | 0 |
| Intangible Assets | 4.67M | 3.67M | 2.67M | 6.03M | 4.16M | 2.63M | 1.74M | 881.35K | 9.76K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 157.56K | 306.76K | 404.06K | 368.08K | 345.36K | 355.36K | 355.36K | 357.88K | 362.95K |
| Total Assets | 67.44M▲ 0% | 68.22M▲ 1.2% | 61.56M▼ 9.8% | 82.67M▲ 34.3% | 133.68M▲ 61.7% | 97.91M▼ 26.8% | 106.93M▲ 9.2% | 107.21M▲ 0.3% | 134.89M▲ 25.8% |
| Asset Turnover | 0.22x | 0.37x | 0.46x | 0.39x | 0.46x | 0.71x | 0.77x | 0.77x | 0.63x |
| Asset Growth % | -2.99% | 1.16% | -9.76% | 34.29% | 61.71% | -26.76% | 9.21% | 0.26% | 25.82% |
| Total Current Liabilities | 54.31M | 58.5M | 51.71M | 63.47M | 112.46M | 81.62M | 89.23M | 84.95M | 114.02M |
| Accounts Payable | 300.74K | 308.18K | 419.85K | 851.35K | 1.4M | 858.62K | 1.03M | 1.26M | 880.59K |
| Days Payables Outstanding | 10.16 | 5.78 | 6.89 | 12.49 | 11.04 | 5.72 | 5.88 | 7.25 | 4.89 |
| Short-Term Debt | 0 | 0 | 0 | 346.91K | 54.76K | 56.43K | 107.27K | 147.58K | 639.8K |
| Deferred Revenue (Current) | 0 | 20K | 123.53K | 66.57K | 1.38M | 1.55M | 1.87M | 1.92M | 2.28M |
| Other Current Liabilities | 53.61M | 57.99M | 49.96M | 61.85M | 107.42M | 75.57M | 82.62M | 78.54M | 109.89M |
| Current Ratio | 1.09x | 1.04x | 1.03x | 1.09x | 1.08x | 1.07x | 1.09x | 1.12x | 1.08x |
| Quick Ratio | 0.81x | 0.82x | 1.03x | 1.09x | 1.07x | 1.06x | 1.09x | 1.12x | 1.08x |
| Cash Conversion Cycle | 523.93 | 252.68 | - | 22.51 | 21.73 | 20.64 | 21.12 | 23.9 | 20.22 |
| Total Non-Current Liabilities | 0 | 79.75K | 2.28M | 2.5M | 2.55M | 2.35M | 2.64M | 3.11M | 2.96M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 71.43K | 14.99K | 718.98K | 571.86K | 1.89M |
| Capital Lease Obligations | 0 | 0 | 2.28M | 2.5M | 2.48M | 2.34M | 1.92M | 2.53M | 1.89M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 79.75K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 54.31M | 58.58M | 53.99M | 65.96M | 115.01M | 83.98M | 91.87M | 88.05M | 116.98M |
| Total Debt | 0 | 0 | 2.64M | 2.84M | 3.11M | 3.03M | 3.38M | 3.87M | 2.53M |
| Net Debt | -4.8M | -2.7M | 498.22K | -2.17M | -4.15M | -2.68M | -3.78M | -4.19M | -4.91M |
| Debt / Equity | - | - | 0.35x | 0.17x | 0.17x | 0.22x | 0.22x | 0.20x | 0.14x |
| Debt / EBITDA | - | - | - | - | 1.25x | - | 21.25x | 4.88x | - |
| Net Debt / EBITDA | - | - | - | - | -1.67x | - | -23.75x | -5.28x | - |
| Interest Coverage | - | - | - | - | -36.02x | -1287.20x | -369.57x | -27.33x | -43.10x |
| Total Equity | 13.12M▲ 0% | 9.63M▼ 26.6% | 7.57M▼ 21.4% | 16.7M▲ 120.7% | 18.67M▲ 11.8% | 13.93M▼ 25.4% | 15.07M▲ 8.1% | 19.16M▲ 27.1% | 17.91M▼ 6.5% |
| Equity Growth % | 45.63% | -26.59% | -21.44% | 120.7% | 11.77% | -25.36% | 8.14% | 27.13% | -6.5% |
| Book Value per Share | 1.46 | 0.79 | 0.58 | 1.08 | 0.93 | 0.68 | 0.75 | 0.71 | 0.67 |
| Total Shareholders' Equity | 13.12M | 9.63M | 7.57M | 16.7M | 18.67M | 13.93M | 15.07M | 19.16M | 17.91M |
| Common Stock | 186.3K | 185.56K | 186.66K | 194.69K | 195.24K | 195.47K | 197.09K | 198.32K | 31.56K |
| Retained Earnings | -53.26M | -57.04M | -62.15M | -65.06M | -65.38M | -70.86M | -71.34M | -68.03M | -70.54M |
| Treasury Stock | -831.06K | -1.81M | -1.89M | -2.17M | -2.4M | -3.75M | -4.36M | -5.77M | -6.84M |
| Accumulated OCI | -3.01M | -3.89M | 0 | -5.93M | 0 | 0 | -6.91M | 0 | -7.1M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Usio, Inc. (USIO) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -110.28K | -2.76M | -3.73M | 6.29M | 29.78M | -17.04M | 3.51M | 2.9M | 1.51M |
| Operating CF Margin % | -0.76% | -11.02% | -13.24% | 19.52% | 48.08% | -24.54% | 4.25% | 3.49% | 1.77% |
| Operating CF Growth % | -113% | -2399.56% | -35.42% | 268.63% | 373.19% | -157.2% | 120.59% | -17.43% | -47.73% |
| Net Income | -3.01M | -3.78M | -5.12M | -2.91M | -321.63K | -5.48M | -475.1K | 3.31M | -2.51M |
| Depreciation & Amortization | 1.26M | 1.88M | 2.02M | 1.52M | 2.64M | 2.74M | 2.08M | 2.26M | 1.95M |
| Stock-Based Compensation | 968.14K | 1.25M | 1.29M | 1.48M | 1.49M | 2.07M | 2.19M | 2.09M | 1.74M |
| Deferred Taxes | 227K | 45.23K | 0 | 0 | -110K | 0 | 0 | -3.08M | 54.21K |
| Other Non-Cash Items | 111.87K | 7.91K | 144.69K | 35.94K | 187.89K | 20.96K | -123.56K | 18.34K | -32.05K |
| Working Capital Changes | 333.37K | -2.16M | -2.08M | 6.17M | 25.9M | -16.38M | -165.55K | -1.71M | 313.81K |
| Change in Receivables | -133.59K | -244.68K | -59.65K | -905.9K | -2.27M | 607.85K | -1.19M | -984.11K | 1.19M |
| Change in Inventory | -34.92K | 0 | 0 | -8.33K | -258.07K | -72.82K | 84.55K | 19.01K | -57.88K |
| Change in Payables | 458.63K | 389.38K | 619.5K | 534.89K | 1.41M | 853.97K | 252.69K | -208.68K | -304.53K |
| Cash from Investing | -1.82M | -698.11K | -647.38K | -6.76M | -1.27M | -812.24K | -834.96K | -944.38K | -1.54M |
| Capital Expenditures | -372.34K | -703.11K | -647.38K | -855.39K | -1.27M | -812.24K | -834.96K | -991.88K | -435.01K |
| CapEx % of Revenue | 2.56% | 2.81% | 2.3% | 2.65% | 2.06% | 1.17% | 1.01% | 1.2% | 0.51% |
| Acquisitions | -900K | 0 | 0 | -5.91M | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -550K | 5K | 0 | 0 | 0 | 0 | 0 | 47.5K | -1.1M |
| Cash from Financing | 2.61M | -982.49K | 1.72M | 9.98M | 887.46K | -1.4M | 6.06M | -5.14M | 28.72M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 126.19K | -54.77K | -56.99K | -106.81K | 644.59K |
| Equity Issued (Net) | 1000K | -982.49K | 1000K | 1000K | 761.26K | -1000K | -456.96K | -1000K | -975.94K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -112.91K | -982.49K | -71.91K | -280.27K | -238.74K | -1.34M | -456.96K | -1.41M | -1.07M |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 6.57M | -3.73M | 29.05M |
| Net Change in Cash | 679.82K▲ 0% | -4.44M▼ 752.7% | -2.66M▲ 40.1% | 9.51M▲ 457.8% | 29.4M▲ 209.2% | -19.25M▼ 165.5% | 8.73M▲ 145.4% | -3.19M▼ 136.6% | 28.7M▲ 999.1% |
| Free Cash Flow | -482.61K▲ 0% | -3.46M▼ 616.8% | -4.38M▼ 26.6% | 5.44M▲ 224.2% | 28.51M▲ 424.2% | -17.85M▼ 162.6% | 2.67M▲ 115.0% | 1.9M▼ 28.7% | 1.08M▼ 43.4% |
| FCF Margin % | -3.31% | -13.82% | -15.53% | 16.86% | 46.03% | -25.71% | 3.24% | 2.3% | 1.26% |
| FCF Growth % | -169.65% | -616.84% | -26.61% | 224.18% | 424.21% | -162.6% | 114.97% | -28.75% | -43.35% |
| FCF per Share | -0.05 | -0.29 | -0.34 | 0.35 | 1.42 | -0.88 | 0.13 | 0.07 | 0.04 |
| FCF Conversion (FCF/Net Income) | 0.04x | 0.73x | 0.73x | -2.17x | -92.61x | 3.11x | -7.38x | 0.88x | -0.60x |
| Interest Paid | 0 | 0 | 0 | 0 | 4.31K | 4.05K | 5.2K | 53.8K | 0 |
| Taxes Paid | 45K | 49K | 82.21K | 93.53K | 116.2K | 269.5K | 116.2K | 290.14K | 0 |
Usio, Inc. (USIO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -13.2% | -27.19% | -33.18% | -59.48% | -23.95% | -1.82% | -33.64% | -3.28% | 19.32% | -13.55% |
| Return on Invested Capital (ROIC) | -20.52% | -32.21% | -37.1% | -50.61% | -24.93% | -0.8% | -30.35% | -12.79% | -8.4% | -12.04% |
| Gross Margin | 31.33% | 25.86% | 22.26% | 21.1% | 22.87% | 25.24% | 21.02% | 22.52% | 23.65% | 23.06% |
| Net Margin | -9.91% | -20.65% | -15.09% | -18.14% | -9.01% | -0.52% | -7.9% | -0.58% | 3.99% | -2.94% |
| Debt / Equity | - | - | - | 0.35x | 0.17x | 0.17x | 0.22x | 0.22x | 0.20x | 0.14x |
| Interest Coverage | - | - | - | - | - | -36.02x | -1287.20x | -369.57x | -27.33x | -43.10x |
| FCF Conversion | -0.71x | 0.04x | 0.73x | 0.73x | -2.17x | -92.61x | 3.11x | -7.38x | 0.88x | -0.60x |
| Revenue Growth | -16.02% | 20.66% | 71.74% | 12.69% | 14.37% | 92.06% | 12.09% | 18.96% | 0.41% | 2.97% |
Usio, Inc. (USIO) stock FAQ — growth, dividends, profitability & financials explained
Usio, Inc. (USIO) reported $85.4M in revenue for fiscal year 2025. This represents a 153934% increase from $0.1M in 1999.
Usio, Inc. (USIO) grew revenue by 3.0% over the past year. Growth has been modest.
Usio, Inc. (USIO) reported a net loss of $2.5M for fiscal year 2025.
Usio, Inc. (USIO) has a return on equity (ROE) of -13.6%. Negative ROE indicates the company is unprofitable.
Usio, Inc. (USIO) generated $1.08T in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Usio, Inc. (USIO) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates