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WEX — Apr 30, 2025 release

Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001309108-25-000083
Open on SEC.gov ↗
Showing in the filing
Adjusted net income effective tax rate
“25.0%”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 19
Lapping of Corporate Payments OTA revenue mo… for Q3 FY2025
“expect to lap the impact of this change starting in Q3 2025”
Leverage ratio long-term target for the long term
“2.5 times to 3.5 times”
Net Revenue, in millions for Q2 FY2025
“$640” – “$660”
Net Revenue, in millions (Low) for Q2 FY2025
“$640”
Net Revenue, in millions (High) for Q2 FY2025
“$660”
Net Revenue, in millions for FY2025
“$2,568” – “$2,628”
Adjusted Net Income per Diluted Share for Q2 FY2025
“$3.60” – “$3.80”
Adjusted Net Income per Diluted Share (Low) for Q2 FY2025
“$3.60”
Adjusted Net Income per Diluted Share (High) for Q2 FY2025
“$3.80”
Adjusted Net Income per Diluted Share for FY2025
“$14.72” – “$15.32”
Average US Retail Fuel Prices per Gallon for Q2 FY2025
“$3.18”
Average US Retail Fuel Prices per Gallon for FY2025
“$3.10”
Mobility Credit Losses (bps) for Q2 FY2025
“11 - 16”
Mobility Credit Losses (bps) for FY2025
“12 - 17”
Diluted Shares Outstanding, in millions for Q2 FY2025
“34.5”
Diluted Shares Outstanding, in millions for FY2025
“35.9”
Adjusted net income effective tax rate for FY2025
“25.0%”
Share repurchases for FY2025
“No further share repurchases in 2025”
ANI per Share impact target from 100bps inte… for the long term
“a materially neutral ANI per Share impact from 100bps adjustments to interest rates”
Exhibit 99.1 · the passage around this item
… earlier in the release
GDP growth of approximately 2% in 2025; guidance is based upon current trends and does not include the impact of a potential further slowdown in the economy • No benefits from future M&A activity • Interest rates in line with the market Fed Funds projections • Exchange rates are as of the end of March 2025 • Adjusted net income effective tax rate of 25.0% for 2025 (all periods) • No further share repurchases in 2025 (14)     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 the comparable GAAP measure without unreasonable effort because of the difficulty in predicting the amounts to be adjusted, including, but not limited to, foreign currency exchange rates, unrealized gains and losses on financial instruments, and acquisition and divestiture related items, which may have a significant impact on our financial results. 16 The following tables include estimated 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
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.