HighGravityDataWEX — Feb 5, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001309108-25-000012
Showing in the filing
ANI per Share impact from 100bps interest rate shocks target
“materially neutral”
Period
The long term
Measure
GAAP-tied
Source
Prose
All guidance in this release · 25
Corporate Payments OTA customer revenue mode… for Q3 FY2025
“by Q3 2025”
Leverage ratio long-term target for the long term
“2.5 times to 3.5 times”
Reduction in interest expense from refinanci…
“more than $10 million”
Share repurchase program authorization incre… for FY2024
“$1 billion”
Total share repurchase program authorization for FY2025
“$2.05 billion”
Long-term organic revenue growth target for the long term
“5-10%”
Long-term organic revenue growth targets for the long term
“5-10%”
Long-term adjusted earnings per share target for the long term
“10-15%”
Net Revenue, in millions for Q1 FY2025
“$625” – “$640”
Net Revenue, in millions for FY2025
“$2,600” – “$2,660”
Adjusted Net Income per Diluted Share for Q1 FY2025
“$3.35” – “$3.50”
Adjusted Net Income per Diluted Share for FY2025
“$14.65” – “$15.25”
Average US Retail Fuel Prices per Gallon for Q1 FY2025
“$3.26”
Average US Retail Fuel Prices per Gallon for FY2025
“$3.25”
Mobility Credit Losses (bps) for Q1 FY2025
“11 - 16”
Mobility Credit Losses (bps) for FY2025
“12 - 17”
Diluted Shares Outstanding, in millions for Q1 FY2025
“39.5”
Diluted Shares Outstanding, in millions for FY2025
“39.0”
Mobility segment revenue growth, excluding f… for FY2025
“1-3%”
Corporate Payments segment revenue growth for FY2025
“slightly negative on a full-year basis”
M&A activity benefit assumption for FY2025
“No benefits from future M&A activity”
Fuel price assumption impact on 2025 revenue for FY2025
“approximately $44.0 million”
Adjusted net income effective tax rate for FY2025
“25.0%”
Share repurchases included in share count as… for FY2025
“$400 million”
ANI per Share impact from 100bps interest ra… for the long term
“materially neutral”
Exhibit 99.1 · the passage around this item
… earlier in the release
16 The following tables include revenue and ANI per share sensitivities to changes in PPG and interest rates as of the date of this supplement. As a reminder, the impacts of these macro factors can and will change based upon various factors including the composition of our balance sheet. We target maintaining a materially neutral ANI per Share impact from 100bps shocks to interest rates and can adjust our profile through balance sheet strategies and hedging. Price Per Gallon Interest Rates Sensitivities +$0.10/Gal -$0.10/Gal +100bps -100bps Impact to Net Revenue, in millions (Approximate) $ 20 $ (20) $ 35 $ (35) Impact to ANI per Share (Approximate) 15 $ 0.30 $ (0.30) $ (0.25) $ 0.30 The following charts present our 2025 guidance both on a revenue and on an ANI per share basis. For the 2025 presentation, one-time items includes the impact of the change in revenue model for a large OTA customer as previously discussed. (15) The Company's adjusted net income guidance, which is a non-GAAP measure, excludes unrealized gains and losses on financial instruments, net foreign currency gains and losses, changes in fair value of contingent consideration, acquisition-related intangible amortization, other acquisition and divestiture related items, stock-based compensation, other costs, impairment charges, debt restructuring and debt issuance cost amortization, adjustments attributable to our non-controlling interests and certain tax related items. We are unable to reconcile our adjusted net income guidance to
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.