The earnings call highlighted strong revenue growth, significant IPO activities, and improvements in cash flow and operations through AI integration. However, there are concerns about capital allocation and increased central costs. The guidance provided for the upcoming year indicates confidence in continued growth.
Company Guidance
During the call, the company provided guidance for the fiscal year, projecting $6.2 billion in revenue and $400 million in EBIT, indicating confidence in continued growth and profitability. The company reported a 26% increase in growth and a fivefold increase in EBIT. Recent financial activities included a $13 billion IPO and $2 billion in asset sales, with $10 billion available for investment. The focus is on leveraging the ecosystem and investments to drive operational excellence and innovation. The company aims to maintain a disciplined approach to capital allocation, emphasizing opportunities that enhance the ecosystem and deliver strong returns, while also considering potential returns to shareholders.
Strong Revenue Growth
The company experienced a 26% growth in revenue and an increase in Ecommerce adjusted EBIT to $181 million.
Significant IPO and Asset Sales
The company conducted a $13 billion IPO and sold $2 billion in assets.
Improved Cash Flow
Free cash flow improved by 74% compared to the previous period, with consolidated businesses contributing more than $200 million to this improvement.
AI and Ecosystem Integration
The company is investing in AI to improve operations, with notable improvements like a 20% reduction in cost per acquisition of users and a 10x improvement in fraud reduction.
Guidance Announcement
For the first time, the company provided guidance of $6.2 billion in revenue and $400 million in EBIT for the year.
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Prosus NV (PROSY) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PROSY Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Dec 02, 2024
$8.14
$8.23
+1.11%
Jun 24, 2024
$7.37
$7.39
+0.27%
Nov 29, 2023
$6.60
$6.59
-0.15%
Jun 27, 2023
$6.31
$6.72
+6.50%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Prosus NV (PROSY) report earnings?
Prosus NV (PROSY) is schdueled to report earning on Jun 30, 2025, TBA Not Confirmed.
What is Prosus NV (PROSY) earnings time?
Prosus NV (PROSY) earnings time is at Jun 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.