HighGravityDataCorpay — Feb 5, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-25-004035
Showing in the filing
Organic revenue growth
“8% to 10%”
Period
Q1 FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 25
Sales growth for FY2025
“approximately 20%”
Revenue growth for FY2025
“10% to 12%”
Adjusted earnings per diluted share growth for FY2025
“10% to 12%”
Corporate Payments segment organic revenue g… for FY2025
“high teens”
Free cash flow for FY2025
“approximately $1.5 billion”
Total revenues for FY2025
“between $4,350 million and $4,450 million”
Net income for FY2025
“between $1,174 million and $1,224 million”
Net income per diluted share for FY2025
“between $16.50 and $17.00”
Adjusted net income for FY2025
“between $1,482 million and $1,532 million”
Adjusted net income per diluted share for FY2025
“between $20.75 and $21.25”
Weighted average U.S. fuel prices for FY2024
“equal to $3.24 per gallon”
Weighted average U.S. fuel prices for FY2025
“$3.24 per gallon”
Fuel price spreads for FY2025
“flat with the 2024 average”
Foreign exchange rates for FY2025
“equal to the January 2025 forward consensus”
Interest expense for FY2025
“between $350 million and $380 million”
Fully diluted shares outstanding for FY2025
“Approximately 72 million”
Effective tax rate for FY2025
“approximately 25.5% to 26.5%”
Impact related to material acquisitions not … for FY2025
“No impact”
Organic revenue growth for Q1 FY2025
“8% to 10%”
Adjusted EPS growth for Q1 FY2025
“9% to 11%”
Diluted shares (High) for Q1 FY2025
“72”
Net income for Q1 FY2025
“$240” – “$250”
Net income per diluted share for Q1 FY2025
“$3.38” – “$3.48”
Adjusted net income for Q1 FY2025
“$317” – “$327”
Adjusted net income per diluted share for Q1 FY2025
“$4.45” – “$4.55”
Exhibit 99.1 · the passage around this item
… earlier in the release
fuel prices equal to $3.24 per gallon; • Fuel price spreads flat with the 2024 average; • Foreign exchange rates equal to the January 2025 forward consensus; • Interest expense between $350 million and $380 million; • Approximately 72 million fully diluted shares outstanding; • An effective tax rate of approximately 25.5% to 26.5%; and • No impact related to material acquisitions not closed. First Quarter of 2025 Outlook: “First quarter organic revenue growth is expected to be 8% to 10% and adjusted EPS is expected to grow 9% to 11%. O ur earnings growth outlook for the first quarter is adversely impacted approximately 7% compared to the prior year due to unfavorable movements in foreign exchange rates, fuel prices and tax rate. Revenue growth is expected to build over the remaining quarters as we execute our business plans and lap the higher foreign currency exchange rates from the first half of last year,” said Tom Panther. Conference Call: The Company will host a conference call to discuss fourth quarter and full year 2024 financial results today at 5:00 pm ET. Hosting the call will be Ron Clarke, chief executive officer, Tom Panther, chief financial officer and Jim Eglseder, investor relations. The conference call will be webcast live from the Company's investor relations website at http://investor.corpay.com. The conference call can also be accessed live over the phone by dialing (877)-423-9813 or (201)-689-8573; the Conference ID is 13751017. A replay will be available one hour after the call and can be accessed by dialing (844)-512-2921 or (412)-317-6671 for international callers; the replay conference ID is 13751017. The replay will be available through W
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.