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Mar 31, 2024
Agilysys Q4 2024 Earnings Report
Agilysys reported record revenue for the fourth quarter of fiscal year 2024, with significant growth in subscription and services revenue.
Key Takeaways
Agilysys announced record fourth-quarter revenue of $62.2 million, a 17.6% increase year-over-year. The company's full-year revenue also reached a record $237.5 million. Subscription revenue grew by 31.6% during the quarter, and free cash flow was $29.3 million.
Total net revenue increased by 17.6% to a record $62.2 million compared to the prior year.
Recurring revenue was a record $36.6 million, representing 58.8% of total net revenue.
Subscription revenue increased 31.6% year over year and was 57.0% of total recurring revenue.
Free cash flow was $29.3 million, compared to $13.2 million in the prior year.
Agilysys
Agilysys
Agilysys Revenue by Segment
Revenue by Segment
Products Revenue
CapyFin.comSubscription & maintenance Revenue
CapyFin.comProfessional Services Revenue
CapyFin.com Forward Guidance
Agilysys expects full year fiscal 2025 revenue to be $275 million to $280 million, including higher than 27% year-over-year subscription revenue growth. Adjusted EBITDA is expected to be 16% of revenue for the full fiscal year.
Positive Outlook
- Full year revenue in the $275 million to $280 million range
- At least 27% subscription revenue growth
- Adjusted EBITDA at 16% of revenue
- Continuing progress as a world-class cloud-native end-to-end technology provider
- Heightened competitive advantage
Revenue & Expenses
Visualization of income flow from segment revenue to net income