Consensus Cloud : 2024 Q4 Investor Presentation

Published: 2025-02-19 16:14:15 ET CCSI

Fourth Quarter and Full Year 2024 Preliminary Unaudited Results

2.19.2025

Business Overview

Operations and GTM Update Q4 2024 - Corporate Business

Business Update

GTM Update

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Operations and GTM Update Q4 2024 - SoHo Business

Business Update

GTM update

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Fourth Quarter and Full Year 2024 Results

Corporate Revenue Growth Benefiting From Positive Revenue Retention

Corporate Revenue ($ in M)

$52.9M

7.1%

$49.4M YoY

Growth(2)

Q4'23Q4'24

Corporate Revenue Performs Above Expectations

Quarter Ended

Q4'23

Q4'24

YoY

Accounts

54

59

9.1%

(000's)

ARPA(1)

$305.79

$303.58

-0.7%

Paid Adds

3

4

64.1%

(000's)

LTM Revenue

98.8%

100.5%

+170 bps

Retention ~60%

Revenue Retention Exceeds 100%

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SoHo Revenue - Performing Ahead of Expectations

SoHo Revenue ($ in M)

$38.3M

-11.1%

YoY

$34.1M

Q4'23Q4'24

Revenue Performing Better Than Expectations

Quarter Ended

Q4'23

Q4'24

YoY

Accounts

831

747

-10.1%

(000's)

ARPA (1)

$15.12

$14.99

-0.8%

Paid Adds

57

60

4.8%

(000's)

Monthly Account

3.34%

3.38%

-4 bps

Churn

~60%

Paid Adds Increase YoY Amid 30%

Advertising Spend Optimization

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Q4 2024 Results

(in $M, except Adjusted EPS)

Revenue

Adj. EBITDA

Adj. EPS(1)

$87.8

-0.9%

$87.0

$47.2

$44.4

$1.32

$1.11

-6.0%

18.9%

53.8%

51.0%

Margin

Margin

Q4'23

Q4'24

Q4'23

Q4'24

Q4'23

Q4'24

●

●

Adj. EBITDA down -$2.8M or -6.0% YoY, Adj. EBITDA margin of 51.0%, within guidance range

Adj. EPS up $0.21 or 18.9% YoY based on items discussed above and Fx revaluation on intercompany balances, lower net interest expense, partially offset by income taxes

Favorable Quarter With Revenues, Adj. EBITDA And Adj. EPS Beating Midpoint of Guidance

(1) Adjusted EPS share count ~19.6M shares in Q4'24 and ~19.2M shares in Q4'23

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FY2024 Results

Revenue

Non-GAAP Adj. EBITDA

Non-GAAP Adj. EPS(1)(2)

$362.6

-3.4%

$186.6

$188.4

$5.09

$5.63

$350.4

1.0%

10.6%

51.5%

53.8%

Margin

Margin

2023

2024

2023

2024

2023

2024

●

●

●

FY2024 Reported Consolidated Revenue decline YoY, -$12.2M or -3.4%, primarily driven by an expected decline in our SoHo business, partially offset by better than expected Corporate growth

Adj. EBITDA up $1.8M or +1.0% YoY, Adj. EBITDA margin of 53.8%, driven primarily by lower marketing spend, partially offset by revenue decline

Adj. EPS up $0.54 or 10.6% YoY based on items discussed above plus Fx revaluation on intercompany balances and lower net interest expense, partially offset by taxes

Revenues, Adj. EBITDA and Adj. EPS Finished at Higher End of Guidance

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Disclaimer

Consensus Cloud Solutions Inc. published this content on February 19, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on February 19, 2025 at 21:13:26.389.