Dun & Bradstreet Holdings Inc.
Dun & Bradstreet — Q4 2024 Earnings Presentation
15 slides from Dun & Bradstreet's earnings presentation, Feb 20, 2025
Slide 1: Fourth Quarter & Full Year 2024 Financial Results
Restricted Confidential February 20, 2025 Fourth Quarter & Full Year 2024 Financial Results
Slide 2: Disclaimer
Restricted Confidential Disclaimer This presentation contains statements that are not purely historical but are forward-looking statements, including statements regarding expectations, hopes, intentions or strategies regarding the future. Forward-looking statements are based on Dun & Bradstreet’s ma
Slide 3: Financial Highlights (GAAP)
Restricted Confidential Financial Highlights (GAAP) Metrics Fourth Quarter 2024 Full Year 2024 Revenue $631.9 million, +0.2% (+0.2% constant currency) $2,381.7 million, +2.9% (+2.9% constant currency) Net income (loss) $7.8 million vs. $1.7 million Q4’23 $(28.6) million vs. $(47.0) million FY’23 Dil
Slide 4: Financial Highlights (Non-GAAP)
Restricted Confidential Financial Highlights (Non-GAAP) Metrics Fourth Quarter 2024 Full Year 2024 Revenue $631.9 million, +0.2% (+0.2% constant currency) $2,381.7 million, +2.9% (+2.9% constant currency) Organic revenue growth +0.3% +3.0% Adjusted EBITDA $260.0 million, (0.2)% $926.6 million, +3.9%
Slide 5: North America – Q4 Fourth Quarter Highlights
Restricted Confidential 215.4 219.4 241.4 229.2 Q4 2023 Q4 2024 (2)% (2)% (5)% (5)% +2% +2% • Organic revenue decreased 1.8% • Finance & Risk revenues decreased 5% primarily due to timing of revenues throughout 2024 combined with delivery and deal timing out of Q4 in our Finance and Third Party Risk
Slide 6: North America – Full Year Highlights
Restricted Confidential 756.4 781.3 888.1 891.0 FY 2023 FY 2024 +2% +2% <1% <1% +3% +3% • Organic revenue grew 1.7% • Finance & Risk revenues increased less than 1% primarily due to an increase in revenue from our Third Party Risk solutions, partially offset by a net decrease of approximately 1% in
Slide 7: International – Q4 Fourth Quarter Highlights
Restricted Confidential 57.2 56.9 116.4 126.4 Q4 2023 Q4 2024 +6% +5% +9% +8% (<1)% (<1)% • Organic revenue grew 5.8% • Finance & Risk solutions remain in high demand with 8% BFX growth attributable to growth across all markets • Sales & Marketing increased less than 1% on an organic basis, due to h
Slide 8: International – Full Year Highlights
Restricted Confidential 220.9 224.9 448.6 484.5 FY 2023 FY 2024 +6% +6% +8% +8% +2% +2% • Organic revenue grew 6.0% • Finance & Risk solutions increased 8% BFX with growth across all markets • Sales & Marketing increased approximately 3% on an organic basis due to higher revenue from the UKI driven
Slide 9: Debt Summary
Restricted Confidential Debt Summary ($ in millions) December 31, 2024 Maturity Interest Rate Cash $206 Revolving Facility ($850.0) (1)(2) $10 2029 SOFR + 250 bps Term Loan Facility (1)(3) $3,080 2029 SOFR + 225 bps Unsecured Notes (1) $460 2029 5.00% Total Debt (1) $3,550 Net Debt (1) $3,344 Net De
Slide 10: Full Year 2025 Financial Guidance
Restricted Confidential Full Year 2025 Financial Guidance Financial Metrics 2025 Guidance Total Revenue $2,440 million to $2,500 million Organic revenue growth 3.0% to 5.0% Adjusted EBITDA $955 million to $985 million Adjusted net earnings per diluted share $1.01 to $1.07 Full year 2025 guidance is
Slide 11: Appendix
Restricted Confidential Appendix
Slide 12: Non-GAAP Financial Measures
Restricted Confidential Non-GAAP Financial Measures In addition to reporting GAAP results, we evaluate performance and report our results on the non-GAAP financial measures discussed below. We believe that the presentation of these non-GAAP measures provides useful information to investors and ratin
Slide 13: Non-GAAP Financial Measures (Continued)
Restricted Confidential Non-GAAP Financial Measures (Continued) Adjusted Net Income We define adjusted net income as net income (loss) attributable to Dun & Bradstreet Holdings, Inc. adjusted for the following items: • incremental amortization resulting from the application of purchase accounting. W
Slide 14: Non-GAAP Reconciliation: Adjusted EBITDA
Restricted Confidential Non-GAAP Reconciliation: Adjusted EBITDA (Amounts in millions) Three Months Ended December 31 Year Ended December 31 2024 2023 2024 2023 Net income (loss) attributable to Dun & Bradstreet Holdings, Inc. 7.8 1.7 (28.6) (47.0) Depreciation and amortization 147.5 149.7 577.6 586
Slide 15: Non-GAAP Reconciliation: Adjusted Net Income
Restricted Confidential Non-GAAP Reconciliation: Adjusted Net Income (Amounts in millions, except per share data) Three Months Ended December 31 Year Ended December 31 2024 2023 2024 2023 Net income (loss) attributable to Dun & Bradstreet Holdings, Inc. 7.8 1.7 (28.6) (47.0) Incremental amortization
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