SS&C

🇺🇸 NASDAQ:SSNC

Feb 06

•

Dec 31, 2024

SS&C Q4 2024 Earnings Report

Key Takeaways

SS&C Technologies reported strong Q4 2024 results with revenue of $1,529.7 million, up 8.4% year-over-year, and adjusted EPS of $1.58, reflecting a 25.4% increase. Net income surged by 27.7% to $248.2 million, while operating income reached $357.9 million. The company also repurchased 4.9 million shares for $365.7 million and reduced debt by $195.0 million.

Total Revenue

$1.53B

Previous year: $1.41B

+8.4%

EPS

$1.58

Previous year: $1.26

+25.4%

Operating Margin

23.4%

Adjusted EBITDA Margin

39.1%

Shares Repurchased

4.9M

Gross Profit

$754M

Previous year: $719M

+4.8%

Cash and Equivalents

$571M

Previous year: $435M

+31.3%

Free Cash Flow

$443M

Previous year: $373M

+18.8%

Total Assets

$19B

Previous year: $18.1B

+5.2%

SS&C Revenue

SS&C EPS

SS&C Revenue by Segment

Forward Guidance

SS&C expects continued revenue growth and stable profitability, with Q1 2025 adjusted revenue guidance between $1,474.0M and $1,514.0M and adjusted EPS between $1.37 and $1.43.

Positive Outlook

Q1 2025 revenue guidance indicates steady growth
Strong cost management improving margins
Continued share repurchase program
Expansion through acquisitions and new client wins
Sustained free cash flow generation

Challenges Ahead

Potential impact of macroeconomic uncertainties
Foreign exchange fluctuations affecting revenue
Integration risks from recent acquisitions
Increased competition in financial software sector
Higher interest expenses impacting profitability

Revenue & Expenses

Visualization of income flow from segment revenue to net income