Fair Isaac Corporation

Q2 21 Financial Highlights

March 31, 2021

© 2021 Fair Isaac Corporation. Confidential.

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Q2 2021 Highlights

  • Revenue:

Q2 21 revenue of $331 million vs. Q2 20 revenue of $308 million or 8% increase.

•

•

•

Applications revenue of $129 million, or 8% y/y decrease Scores revenue of $169 million, or 31% y/y increase

Decision Management Software revenue of $33 million, or 14% y/y decrease

  • GAAP Net income of $69 million or $2.33 per share in Q2 21 vs. $58 million or $1.94 per share in Q2 20.
  • Non-GAAPNet income of $90 million or $3.06 per share in Q2 21 vs. $64 million or $2.14 per share in Q2 20.
  • Free Cash Flow was $152 million in Q2 21 vs. $55 million in Q2 20

© 2021 Fair Isaac Corporation. Confidential.

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Liquidity Review

March 31, 2021

Cash

$198M

Available capacity on revolving line

$175M

Total Liquidity

$373M

Leverage Ratio for Q2211

1.60x

1 Net debt to Adj. EBITDA as defined in bank revolving line of credit. Current covenant is 3.25x.

© 2021 Fair Isaac Corporation. Confidential.

3

Q2 2021 Financial Highlights

  • For a detailed reconciliation, please refer to our Regulation G Disclosure

© 2021 Fair Isaac Corporation. Confidential.

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Key Operating Results

Revenues

$400

$350

$300

$374.4

$250

$331.4

$308.0

$313.7

$312.4

$200

$150

Q2-20

Q3-20

Q4-20Q1-21

Q2-21

Adjusted EBITDA

$160

$140

$120

$100

$80

$159.2

$135.6

$60

$105.7

$112.6

$119.0

$40

$20

$0

Q2-20

Q3-20Q4-20Q1-21

Q2-21

Bookings

$240

$200

$160

$120

$234.6

$80

$106.2

$40

$84.1

$68.1

$84.0

$0

Q2-20

Q3-20

Q4-20Q1-21

Q2-21

GAAP EPS

Non-GAAP

$3.6

$3.25

$3.06

$3.2

$2.58

$2.74

$2.8

$2.14

$1.27

$0.73

$2.4

$0.43

$2.0

$0.20

$1.6

$2.90

$1.2

$2.15

$2.33

$1.94

$1.98

$0.8

$0.4

$0.0

-$0.16

-$0.4

Q2-20

Q3-20

Q4-20Q1-21

Q2-21

© 2021 Fair Isaac Corporation. Confidential.

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Fair Isaac Corporation published this content on 05 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 May 2021 20:26:00 UTC.