Loading...
•
Dec 31, 2024
Cannae Holdings Q4 2024 Earnings Report
Cannae Holdings reported a net loss in the fourth quarter of 2024, with a decrease in total operating revenue compared to the previous year.
Key Takeaways
Cannae Holdings, Inc. reported a net loss of $46.1 million for the fourth quarter of 2024, an improvement from a $58.4 million net loss in the same period last year. Total operating revenue decreased to $109.9 million from $119.3 million in Q4 2023. The company's EPS was -$0.74.
Cannae Holdings reported a net loss attributable to common shareholders of $46.1 million in Q4 2024, an improvement from a $58.4 million loss in Q4 2023.
Total operating revenue for Q4 2024 was $109.9 million, down from $119.3 million in the prior year's fourth quarter.
The company's operating loss for Q4 2024 was $22.0 million, compared to an operating loss of $24.7 million in Q4 2023.
Adjusted EBITDA for the Restaurant Group was $1.4 million in Q4 2024, a decrease from $2.4 million in Q4 2023.
Cannae Holdings
Cannae Holdings
Cannae Holdings Revenue by Segment
Revenue by Segment
Restaurant Revenue
CapyFin.comOther operating Revenue
CapyFin.com Forward Guidance
Cannae Holdings provided forward-looking statements for its portfolio companies, including revenue and Adjusted EBITDA guidance for Dun & Bradstreet and Alight for 2025.
Positive Outlook
- Dun & Bradstreet provided 2025 guidance for revenue of $2.44 Billion to $2.5 Billion, with organic revenue growth in the range of 3.0% to 5.0%.
- Dun & Bradstreet expects Adjusted EBITDA in the range of $955 Million to $985 Million for 2025.
- Alight provided 2025 guidance for revenue of approximately $2.32 Billion to $2.39 Billion.
- Alight expects Adjusted EBITDA in the range of $620 Million to $645 Million for 2025.
- Paysafe expects year-over-year revenue growth to be between 6.5% and 8.0% for 2025, excluding the disposed business.
Challenges Ahead
- Forward-looking statements involve risks and uncertainties, and actual results may differ materially from projections.
- Changes in general economic, business, and political conditions, including financial markets and macroeconomic conditions, could impact results.
- Risks associated with the Investment Company Act of 1940 are noted.
- Potential inability to find suitable acquisition candidates or difficulties in integrating acquisitions are risks.
- Significant competition faced by operating subsidiaries and risks related to externalization of management functions are also noted.
Revenue & Expenses
Visualization of income flow from segment revenue to net income