The earnings call highlighted significant revenue growth, increased recurring revenue, and strong cash reserves, positioning the company well for future acquisitions and shareholder returns. However, it also noted challenges, including declines in certain revenue segments and issues with AI adoption, which balanced out the overall sentiment.

Company Guidance

During the Enghouse Q4 2024 earnings call, several key financial metrics were discussed, reflecting the company's performance and strategic direction. The company reported a 2.1% increase in quarterly revenue to $125.7 million and a 10.7% rise in annual revenue to $502.5 million. Recurring revenue, including SaaS and maintenance services, grew by 1.1% in the quarter, reaching $88.2 million, which accounts for 70.2% of total revenue. The fiscal year saw a 16.4% increase in recurring revenue, totaling $346.6 million. Despite a decrease in adjusted EBITDA to $35.6 million for the quarter, the annual figure rose by 7.5% to $143.8 million. Cash flow from operating activities was $40.3 million for the quarter and $151.8 million for the year, with cash reserves reaching a record $274.2 million. The company also highlighted its disciplined approach to acquisitions, having spent $43.4 million on recent purchases, and returned $53.1 million to shareholders through dividends, marking an 18.7% increase. Enghouse maintains a strong financial position with no external debt, enabling it to continue executing its growth strategy and returning value to shareholders.

Revenue Growth

Revenue increased by 2.1% to $125.7 million in Q4 and by 10.7% for the fiscal year to $502.5 million. Fiscal 2024 marked the third consecutive year of revenue growth.

Increase in Recurring Revenue

Recurring revenue grew 1.1% in Q4 to $88.2 million and by 16.4% for the fiscal year, reaching $346.6 million.

Record Cash Reserves

Cash and cash equivalents reached record levels of $274.2 million, with no external debt.

Successful Acquisitions

Enghouse deployed $43.4 million on acquisitions, including Mediasite and SeaChange, and has been successfully integrating them.

Increased Dividend Payout

Returned $53.1 million to shareholders through dividends, an increase of 18.7% from the previous period.

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Enghouse Systems (TSE:ENGH) 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

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TSE:ENGH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 06, 2018	2018 (Q3)	- / 0.29	0.205	41.46% (+0.08)	―	―
Dec 13, 2018	2018 (Q4)	- / 0.35	0.345	2.90% (+0.01)	―	―
Mar 07, 2019	2019 (Q1)	- / 0.27	0.125	116.00% (+0.15)	―	―
Jun 06, 2019	2019 (Q2)	- / 0.30	0.28	7.14% (+0.02)	―	―
Sep 12, 2019	2019 (Q3)	- / 0.27	0.29	-6.90% (-0.02)	―	―
Dec 12, 2019	2019 (Q4)	- / 0.45	0.355	26.76% (+0.10)	―	―
Mar 05, 2020	2020 (Q1)	- / 0.29	0.27	7.41% (+0.02)	―	―
Jun 04, 2020	2020 (Q2)	- / 0.49	0.3	63.33% (+0.19)	―	―
Sep 10, 2020	2020 (Q3)	- / 0.46	0.27	70.37% (+0.19)	―	―
Dec 17, 2020	2020 (Q4)	- / 0.52	0.45	15.56% (+0.07)	―	―

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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TSE:ENGH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Dec 12, 2024	C$31.41	C$27.36	-12.89%
Sep 05, 2024	C$28.75	C$30.34	+5.55%
Jun 10, 2024	C$28.67	C$30.01	+4.66%
Mar 13, 2024	C$33.78	C$31.46	-6.89%

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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