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Agilysys, Inc. (NASDAQ: AGYS) is a premier developer and marketer of innovative enterprise software, services, and solutions specifically tailored for the hospitality industry. The company excels in creating market-leading solutions including point-of-sale (POS), property management systems (PMS), inventory and procurement, workforce management, and mobile & wireless solutions. These offerings are designed to streamline operations, enhance efficiency, and significantly elevate the guest experience. Serving a diverse clientele such as casinos, resorts, hotels, foodservice venues, stadiums, and cruise lines, Agilysys operates extensively across North America, Europe, and Asia.
Headquartered in Alpharetta, GA, with APAC offices in Singapore, Hong Kong, and Malaysia, Agilysys is dedicated to providing high return hospitality through both cloud-native SaaS and on-premise solutions. The company's customer base includes branded and independent hotels, multi-amenity resorts, casinos, cruise lines, corporate dining providers, universities, stadiums, and healthcare facilities.
Agilysys is committed to innovation and customer-centric service, continuously evolving its offerings to meet industry demands. Recent milestones include providing on-site premier support for the InfoGenesis POS system at the 2024 Australian Open, ensuring exceptional food and beverage experiences for over 900,000 attendees. Financially, Agilysys reported a strong fiscal 2024 with total net revenue increasing 21.3% to a record $60.6 million, driven by significant subscription revenue growth and improved services efficiency. The company anticipates continued growth in fiscal 2025, projecting revenues between $275 million and $280 million with a focus on subscription revenue growth and adjusted EBITDA of 16%.
For more information, visit www.agilysys.com and follow Agilysys on Twitter at @agilysys.
Agilysys has achieved Visa Ready certification, ensuring its applications meet Visa's standards for contactless payments. This certification enhances the security of transactions for hospitality clients and their guests by enabling seamless tap-to-pay options. The Agilysys technology, including property management and point-of-sale applications, will fully support Visa's EMV requirements. Agilysys aims to improve the guest experience with faster, secure payment solutions, ultimately helping clients increase revenue.
Agilysys, Inc. (NASDAQ: AGYS) will participate in the 19th Annual Craig-Hallum Institutional Investor Conference on June 1, 2022, from 8:00 a.m. to 6:00 p.m. ET. CFO Dave Wood will host one-on-one meetings with investors and analysts, organized directly through the conference.
The company recently released its fiscal 2022 Q4 and full-year results on May 17, 2022. For further details, investor presentation materials and a webcast replay are accessible via the Agilysys Investor Relations page.
Agilysys (AGYS) reported strong fiscal 2022 Q4 results, with total net revenue hitting $46.6M, a significant increase from $36.3M in Q4 FY21. Recurring revenue grew to $26.6M, representing 57.1% of total revenue, while subscription revenue surged by 32.8%. Adjusted EBITDA reached $7.5M, with a net income of $1.5M or $0.06 per diluted share. The company anticipates fiscal 2023 revenue between $190M-$195M, reflecting a projected growth of 17-20%.
Agilysys, Inc. (NASDAQ: AGYS) has appointed Terrie O’Hanlon as its new Chief Marketing Officer (CMO). With over 25 years of experience, O'Hanlon has led growth marketing strategies for various global technology firms. Her role will focus on enhancing Agilysys' global market presence and revenue growth through targeted marketing initiatives. O'Hanlon's previous roles include CMO at GreyOrange and DefenseStorm, contributing to significant brand advancements. Under her leadership, Agilysys aims to leverage recent investments in modernizing its software solutions.
Agilysys, a global provider of hospitality software solutions, will participate in the 17th Annual Needham Technology & Media Conference on May 18-19, 2022. CFO Dave Wood will host one-on-one meetings with investors during this event. The company is set to release its fiscal 2022 fourth quarter and full year results on May 17, 2022, a day before the conference. Investors can access presentation materials on the Agilysys Investor Relations page. With over 40 years in the industry, Agilysys offers comprehensive SaaS and on-premise solutions for various sectors in hospitality.
Agilysys, Inc. (AGYS) will release its fiscal 2022 fourth quarter results after the market closes on May 17, 2022. A conference call will take place at 4:30 p.m. ET to discuss the results, accessible to the public via phone and internet. Agilysys specializes in cloud-native SaaS and on-premise hospitality software, serving various sectors including gaming, hotels, and healthcare. The company emphasizes its commitment to innovation and customer service, supporting major hospitality businesses worldwide.
Agilysys, Inc. (NASDAQ: AGYS) will receive the ISPA Innovate Award for its ResortSuite mobile app at the 2022 ISPA Conference in Las Vegas, occurring from May 2-4. This award, recognizing the app's capabilities in enhancing guest experiences through appointment bookings and profile management, was initially won in 2021 but not formally presented due to COVID. The conference theme, "Stronger Together", reflects the synergy between Agilysys and ResortSuite in delivering efficient hospitality solutions amidst evolving guest expectations fueled by the pandemic.
Agilysys, Inc. (NASDAQ: AGYS), a key provider of SaaS hospitality software, announced that Swire Hotels has implemented its solutions across all properties in Hong Kong, with plans to expand globally. The suite includes Agilysys Seat for venue management, InfoGenesis POS for point-of-sale, and IG OnDemand for contactless ordering. This partnership aims to enhance operational efficiency and guest experiences while promoting sustainability. Initial feedback indicates a decrease in service calls and a significant uptake in in-room dining orders via IG OnDemand, reflecting its positive reception.
Agilysys, Inc. (NASDAQ: AGYS) announced its upcoming Consultants Forum 2022 on May 17-18 at Atlantis Bahamas. This event aims to address pressing challenges in the hospitality industry with a focus on innovative technology solutions. CEO Ramesh Srinivasan will highlight ongoing enhancements and strategic initiatives. The forum will also feature collaborative sessions designed to provide long-term solutions for hoteliers. Agilysys is recognized for its cloud-native SaaS and on-premise solutions that improve guest experiences and operational efficiencies.
The partnership between Agilysys and Zaplox has led to the adoption of a combined contact-free check-in solution by over 40 hotels, resorts, and casinos across North America. This joint offering aims to ease labor shortages while meeting the growing demand for contactless services. The solution integrates Zaplox's mobile key technology with Agilysys' rGuest Express, enhancing the guest experience through a seamless mobile journey. The partnership highlights the strong momentum for digitization in the hospitality sector, particularly in the wake of the pandemic.
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