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VTEX (VTEX)
NYSE:VTEX
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
<0.01Last Year’s EPS
-0.01Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -15.36%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with strong enterprise customer growth, product innovation, and operational improvements. However, these were offset by challenges in revenue growth due to FX volatility and softer consumer spending in key markets like Brazil. While the company demonstrated resilience and strategic foresight, the immediate revenue shortfalls and regional challenges suggest a cautious outlook.Company Guidance
In the earnings call for the fourth quarter of fiscal year 2024, VTEX provided detailed guidance and insights into their financial performance and strategic initiatives. The company reported a GMV of $5.4 billion for the quarter, with a year-over-year growth of 11% in FX-neutral terms, though US dollar growth remained flat. For the full year, GMV reached $18.2 billion, marking 10% growth in US dollars and 16% growth FX-neutral. Revenue for the fourth quarter amounted to $61.5 million, showing a 1% increase in US dollars and 12% in FX-neutral, while full-year revenue stood at $226.7 million, reflecting 13% growth in US dollars and 18% FX-neutral. Despite these numbers falling below the guidance range due to weaker same-store sales in Brazil and currency devaluation, VTEX maintained a stable annual revenue churn in the mid-single digits and saw a 23% increase in the number of customers generating over $250,000 in ARR. Looking ahead, the company targets 13% to 15% FX-neutral subscription revenue growth for Q1 2025 and 14% to 17% for the full year, with non-GAAP operating income and free cash flow margins expected to be in the mid-teens. These forecasts consider ongoing consumption pressures in Brazil, a potential recovery in Argentina, and the strong momentum in new enterprise customer acquisitions, with deferred revenue up by 29% year-over-year.Enterprise Customer Growth
The number of customers paying more than $250,000 annually increased by 23%, from 126,000 to 155,000, showcasing robust sales momentum.
Deferred Revenue Increase
Deferred revenue increased by 29% year-over-year, indicating strong contract signature momentum and the attractiveness of VTEX's value proposition.
Product Innovation and Expansion
VTEX launched new products and expanded into new segments, enhancing its platform into a comprehensive commerce suite with solutions like VTEX Ads, Shield, and more.
Global Expansion and Strategic Partnerships
VTEX continued its expansion with notable customer wins across various regions and established a strategic partnership with Accentric Prologic to enhance its ecosystem.
Operational Efficiency and Margin Improvement
Gross margin improved to 75.1% from 74.1% in Q4 2023, with operating margin reaching 20.1%, demonstrating operational efficiency improvements.
Strong Free Cash Flow
Free cash flow increased significantly to $25.2 million for the full year 2024, up from $3.8 million in 2023, indicating strong financial health.
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VTEX Earnings History
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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VTEX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $5.99 | $4.71 | -21.37% |
| Nov 05, 2024 | $6.89 | $6.72 | -2.47% |
| Aug 06, 2024 | $6.02 | $6.85 | +13.79% |
| May 07, 2024 | $8.13 | $6.94 | -14.64% |
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 VTEX (VTEX) report earnings?
VTEX (VTEX) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is VTEX (VTEX) earnings time?
VTEX (VTEX) earnings time is at May 13, 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.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VTEX EPS forecast?
VTEX EPS forecast for the fiscal quarter 2025 (Q1) is <0.01.
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