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Dec 31, 2024
Ziff Davis Q4 2024 Earnings Report
Ziff Davis reported its fourth quarter and full year 2024 financial results, showing growth in revenues and adjusted diluted EPS for the quarter.
Key Takeaways
Ziff Davis reported a 5.9% increase in Q4 2024 revenues to $412.8 million and a 10.7% increase in adjusted diluted EPS to $2.58. Net income also saw a slight increase to $64.1 million.
Q4 2024 revenues increased by 5.9% to $412.8 million, up from $389.9 million in Q4 2023.
Adjusted diluted EPS for Q4 2024 increased by 10.7% to $2.58, compared to $2.33 in Q4 2023.
Net cash provided by operating activities significantly increased to $158.2 million in Q4 2024 from $92.1 million in Q4 2023.
The company ended the quarter with approximately $664.1 million in cash, cash equivalents, and investments.
Ziff Davis
Ziff Davis
Ziff Davis Revenue by Segment
Revenue by Segment
Technology & Shopping Revenue
CapyFin.comGaming & Entertainment Revenue
CapyFin.comHealth & Wellness Revenue
CapyFin.comConnectivity Revenue
CapyFin.comCybersecurity & Martech Revenue
CapyFin.com Forward Guidance
Ziff Davis provided full year 2025 guidance, anticipating revenue between $1.442 billion and $1.502 billion, Adjusted EBITDA between $505 million and $542 million, and Adjusted diluted EPS between $6.64 and $7.28.
Positive Outlook
- Anticipated revenue growth ranging from 2.9% to 7.2% for 2025.
- Projected Adjusted EBITDA growth between 2.3% and 9.8% for 2025.
- Expected Adjusted diluted EPS growth from 0.3% to 10.0% for 2025.
- The company believes 2024 marked an inflection point for revenue, adjusted diluted EPS, and free cash flow growth.
- New segment reporting structure aims to provide better understanding of the business.
Challenges Ahead
- Reconciliation of forward-looking non-GAAP measures to GAAP is not available due to variability and difficulty in forecasting certain non-operating items.
- The guidance is based on limited information and is subject to change.
- Uncertain U.S. or worldwide economy, including the possibility of economic downturn or recession, could impact performance.
- Risks related to customer growth and retention, competition, and technological changes could affect results.
- Potential for adverse changes in regulatory environments or supply chain disruptions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income