Aspen Technology Q4 2024 Earnings Report
Key Takeaways
AspenTech's Q4 results showed strong performance, with total revenue of $342.9 million. The company's DGM suite performed well, demonstrating growth opportunities in the utilities market. AspenTech is targeting solid ACV growth and focusing on profitability enhancement for fiscal 2025.
Total revenue was $342.9 million.
Net income was $44.7 million, or $0.70 per diluted share.
Non-GAAP net income was $150.7 million, or $2.37 per diluted share.
Cash flow from operations was $154.9 million and free cash flow was $153.0 million.
Aspen Technology
Aspen Technology
Aspen Technology Revenue by Segment
Forward Guidance
AspenTech is issuing the following guidance for fiscal 2025. ACV growth of ~9.0% year-over-year, GAAP operating cash flow of ~$357 million, Free cash flow of ~$340 million, Total bookings of ~$1.17 billion, Total revenue of ~$1.19 billion, GAAP total expense of ~$1.21 billion, Non-GAAP total expense of ~$675 million, GAAP operating loss of ~$24 million, Non-GAAP operating income of ~$514 million, GAAP net income of ~$52 million, Non-GAAP net income of ~$478 million, GAAP net income per share of ~$0.81 and Non-GAAP net income per share of ~$7.47
Positive Outlook
- ACV growth of ~9.0% year-over-year
- GAAP operating cash flow of ~$357 million
- Free cash flow of ~$340 million
- Total bookings of ~$1.17 billion
- Total revenue of ~$1.19 billion
Challenges Ahead
- GAAP total expense of ~$1.21 billion
- Non-GAAP total expense of ~$675 million
- GAAP operating loss of ~$24 million
- Non-GAAP operating income of ~$514 million
- GAAP net income of ~$52 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income