Broadridge Financial : May 2025 Investor Presentation
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Published on 05/09/2025 at 09:33
Powering and transforming financial markets
Investor Presentation May 2025
Use of Non-GAAP financial Measures, KPIs and foreign exchange rates
This presentation includes certain Non-GAAP financial measures including Adjusted Operating income, Adjusted Operating income margin, Adjusted Net earnings, Adjusted earnings per share ("EPS"), Free cash flow, Free cash flow conversion, and Recurring revenue growth constant currency. Please see the "Explanation of Non-GAAP Measures and Reconciliation of GAAP to Non-GAAP Measures" section of this presentation for more information on Broadridge's use of Non-GAAP measures and reconciliations to GAAP measures.
Management focuses on a variety of key indicators to plan, measure and evaluate the Company's business and financial performance. These performance indicators include Revenues and Recurring revenue, as well as Non-GAAP measures of Adjusted Operating income, Adjusted Net earnings, Adjusted EPS, Free cash flow, Free cash flow conversion, Recurring revenue growth constant currency, and Closed sales. In addition, management focuses on select operating metrics specific to Broadridge of Record Growth, which is comprised of Stock Record Growth (also referred to as "SRG" or "equity position growth") and Interim Record Growth (also referred to as "IRG" or "mutual fund/ETF position growth"), and Internal Trade Growth ("ITG"). Please refer to Item 2. Management's Discussion and Analysis of Financial Condition of the 2024 Annual Report for a discussion of Revenues, Recurring revenue, Record Growth and Internal Trade Growth in the "Key Performance Indicators" section and the "Results of Operations" section for a description of Closed sales.
Beginning with the first quarter of fiscal year 2023, the Company changed reporting for segment revenues, segment earnings (loss) before income taxes, segment amortization of acquired intangibles and purchased intellectual property, and Closed sales to reflect the impact of actual foreign exchange rates applicable to the individual periods presented. The presentation of these metrics for the prior periods has been changed to conform to the current period presentation. Total consolidated revenues and earnings before income taxes were not impacted.
Amounts presented in this presentation may not sum due to rounding.
All FY'24 and FY'25 Recurring revenue dollar amounts shown in this presentation are GAAP. Recurring revenue growth percentages for FY'23, FY'24 and FY'25 Guidance are shown as constant currency (Non-GAAP).
Recurring revenue growth percentages for FY'15 through FY'22 are calculated based on constant foreign currency exchange rates used for internal management reporting as described in the Company's
segment footnote within its Form 10-K for each respective year.
The information contained in this presentation is being provided for your convenience and information only. This information is accurate as of the date of its initial presentation. If you plan to use this information for any purpose, verification of its continued accuracy is your responsibility. Broadridge assumes no duty to update or revise the information contained in this presentation.
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Global fintech leader with a scale business supporting critical operations, technology, governance, and communications
Broadridge is powering and transforming financial services
Steady and consistent earnings growth and capital return has driven strong and compounding shareholder returns
Note: Recurring revenue growth is in constant currency. FY'25 dividend subject to board approval.
$4.2B
FY'24 Recurring
revenue
Unique network and business model with a clear growth strategy across our three franchises
$60B
Vended Addressable Market
Platform-based model with recurring revenue structure creates
unique value for clients and investors
$10T
Daily fixed income and equity trade volume
7B
Regulatory and customer communications processed annually
19%
10-year TSR annualized ending 6/30/24
7-9%
FY'24-26 Recurring revenue growth objective
8-12%
FY'24-26 Adj. EPS
growth objective
$3.52
FY'25
annual dividend amount
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Broadridge has a long track record of delivering growth and shareholder value
Total Revenue ($B)
$5.7
Adjusted EPS
$5.0
$4.5
$4.1
$4.3
$4.4
$7.73
$7.01
$2.7
$2.9
$6.46
$5.66
$5.03
$4.19
$4.66
$3.13
$2.47
$2.73
10%
Recurring Revenue CAGR
13%
Adjusted EPS CAGR
(Non-GAAP)
19%
Annualized TSR
FY'15 FY'16 FY'17 FY'18 FY'19 FY'20 FY'21 FY'22 FY'23 FY'24
DILUTED EPS (GAAP)
$2.32 $2.53 $2.70 $3.56 $4.06 $3.95 $4.65 $4.55 $5.30 $5.86
Note: Information about our use of Non-GAAP measures and reconciliations to GAAP measures may be found on slides 44-55. TSR source: FactSet
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Disclaimer
Broadridge Financial Solutions Inc. published this content on May 09, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 09, 2025 at 13:26 UTC.