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Online Resources Reports Continued Strong Growth In Gross Profit And Users For Third Quarter 2000

Operating Data for Third Quarter 2000

  1999 2000
1Q 2Q 3Q 4Q 1Q 2Q 3Q
Financial Data
Revenue (millions) $1.5 $2.0 $2.3 $2.7 $3.1 $3.7 $4.3
Gross margin (millions) $(0.4) $(0.1) $(0.06) $(0.05) $0.05 $0.4 $0.9
Loss from operations (millions) $(3.1) $(3.1) $(3.4) $(4.3) $(5.3) $(4.9) $(4.6)
Operating Data
Actual Users
# total users (thousands)1 63 81 107 135 166 218 294
# total transactions (millions)2 2.2 2.5 3.0 3.9 5.3 6.6 8.0
# bill payments (millions)3 .4 .5 .6 .8 1.1 1.3 1.6
Enabled Potential Users
# financial institutions launched4 203 238 260 296 324 352 383
# checking accounts (millions)5 4.9 5.5 6.4 6.9 7.1 7.4 7.6
# total account holders (millions)6 8.7 10.0 11.7 12.9 13.4 13.8 14.0
Total Potential Users
# financial institutions under contract7 305 339 369 377 408 453 480
# checking accounts (millions)8 6.5 7.0 7.5 7.6 7.7 8.3 8.6
# total account holders (millions)9 12.0 12.9 14.3 14.5 14.8 15.7 16.0

Notes

  1. includes billable enrolled users at ORCC financial institution clients
  2. includes banking transactions, bill payments, customer care contacts, EFT authentications and e-finance transactions
  3. includes bill payments only, where ORCC processes both consumer debit and biller credit, acting as a Consumer Service Provider
  4. number of financial institution clients who have completed implementation, and which support live consumer transactions
  5. total estimated checking accounts held at client financial institutions who have launched ORCC services
  6. total estimated account holders at client financial institutions who have launched ORCC services
  7. total number of financial institution clients who have contracted for ORCC services (in process of implementation or fully launched)
  8. total estimated checking accounts held at client financial institutions who have contracted for ORCC services
  9. total estimated account holders at client financial institutions who have contracted for ORCC services

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Media Contact: Donald W. Schuster of the Torrenzano Group,
212.681.1700, ext. 103,
dwschuster@torrenzano.com
Investors Contact: Carl D. Blandino, CFO of Online Resources,
703.394.5100, ext. 103,
cblandino@orcc.com