singular payments is an independent sales organization (iso) that was founded in late 2008 by charles yancey, a veteran of the payment processing industry. singular payments business model is to "change the payments industry", through the introduction of a revolutionary 'one flat rate' program, affording clients the ability to "fix" their costs associated with accepting credit cards as a form of payment, and furthermore, dramatically simplifies the process of reading, understanding and reconciling monthly merchant account statements. in order to maximize the benefits of a flat rate program, the company targets key market verticals where there are higher monthly processing volumes, higher than normal average tickets and significantly enhanced customer retention rates. those verticals include, but are not limited to, utilities, towns, municipalities, dentists, dental labs, veterinary practices & hospitals, pet boarding facilities, service companies, marinas, automobile & powersport dea
Company profile
Ticker
USIO
Exchange
Website
CEO
Louis A. Hoch
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Euronet Worldwide • Lesaka ...
Former names
BILLSERV COM INC, BILLSERV INC, PAYMENT DATA SYSTEMS INC, Payment Data Systems Inc
SEC CIK
Corporate docs
Subsidiaries
FiCentive, Inc. • ZBILL, Inc. • Usio Output Solutions, Inc. ...
IRS number
980190072
USIO stock data
Latest filings (excl ownership)
8-K
Changes in Registrant's Certifying Accountant
17 Apr 24
8-K
Usio Announces Record Full Year 2023 Revenues
27 Mar 24
10-K
2023 FY
Annual report
27 Mar 24
8-K
Departure of Directors or Certain Officers
1 Feb 24
8-K
Departure of Directors or Certain Officers
12 Dec 23
8-K
Departure of Directors or Certain Officers
5 Dec 23
8-K
Amendments to Articles of Incorporation or Bylaws
1 Dec 23
8-K
Regulation FD Disclosure
20 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Usio Announces Record Third Quarter 2023 Financial Results
8 Nov 23
Transcripts
USIO
Earnings call transcript
2023 Q4
27 Mar 24
USIO
Earnings call transcript
2023 Q3
8 Nov 23
USIO
Earnings call transcript
2023 Q2
14 Aug 23
USIO
Earnings call transcript
2023 Q1
6 May 23
USIO
Earnings call transcript
2023 Q1
3 May 23
USIO
Earnings call transcript
2022 Q4
8 Mar 23
USIO
Earnings call transcript
2022 Q3
10 Nov 22
USIO
Earnings call transcript
2022 Q2
12 Aug 22
USIO
Earnings call transcript
2022 Q1
12 May 22
USIO
Earnings call transcript
2021 Q4
18 Mar 22
Latest ownership filings
4
Houston Korth Frost
22 Mar 24
4
Greg M Carter
20 Mar 24
4
LOUIS A HOCH
20 Mar 24
4/A
Brad Rollins
20 Mar 24
4/A
Blaise Bender
20 Mar 24
4/A
del la Garza Ernesto R Beyer
20 Mar 24
4
Elizabeth Michelle Miller
20 Mar 24
4
del la Garza Ernesto R Beyer
20 Mar 24
4
Blaise Bender
20 Mar 24
4
Brad Rollins
20 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 73.15 mm | 73.15 mm | 73.15 mm | 73.15 mm | 73.15 mm | 73.15 mm |
Cash burn (monthly) | (no burn) | (no burn) | 404.20 k | 77.59 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 2.78 mm | 533.59 k | n/a | n/a |
Cash remaining | n/a | n/a | 70.37 mm | 72.62 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 174.1 | 936.0 | n/a | n/a |
Institutional ownership, Q3 2023
7.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 2.04 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Topline Capital Management | 2.04 mm | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Mar 24 | del la Garza Ernesto R Beyer | Common Stock | Option exercise | Acquire M | No | No | 1.65 | 7,000 | 11.55 k | 67,666 |
16 Mar 24 | del la Garza Ernesto R Beyer | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,000 | 0.00 | 18,000 |
16 Mar 24 | Bender Blaise | Common Stock | Option exercise | Acquire M | No | No | 1.65 | 7,000 | 11.55 k | 88,677 |
16 Mar 24 | Bender Blaise | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,000 | 0.00 | 21,200 |
16 Mar 24 | Rollins Brad | Common Stock | Option exercise | Acquire M | No | No | 1.65 | 7,000 | 11.55 k | 111,667 |
16 Mar 24 | Rollins Brad | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,000 | 0.00 | 18,000 |