Dun & Bradstreet Holdings Inc.
Dun & Bradstreet — Q3 2024 Earnings Presentation
13 slides from Dun & Bradstreet's earnings presentation, Oct 31, 2024
Slide 1: Third Quarter 2024 Financial Results
Restricted Confidential October 31, 2024 Third Quarter 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 Third Quarter 2024 Revenue $609.1 million, +3.5% (+3.2% constant currency) Net income (loss) $3.2 million vs. $4.4 million Q3’23 Diluted earnings (loss) per share $0.01 1
Slide 4: Financial Highlights (Non-GAAP)
Restricted Confidential Financial Highlights (Non-GAAP) Metrics Third Quarter 2024 Revenue $609.1 million, +3.5% (+3.2% constant currency) Organic revenue growth +3.4% Adjusted EBITDA $247.4 million, +5.1% Adjusted EBITDA Margin 40.6% Adjusted net income $116.0 million Adjusted net earnings per dilu
Slide 5: North America – Q3 Third Quarter Highlights
Restricted Confidential 186.5 194.8 234.9 237.7 Q3 2023 Q3 2024 +3% +3% +1% +1% +4% +5% • Organic revenue grew 2.7% • Finance & Risk revenues increased 1% due to increased revenue across our Third Party Risk and Supply Chain Management solutions, partially offset by a net decrease in revenue primari
Slide 6: International – Q3 Third Quarter Highlights
Restricted Confidential 53.5 55.0 113.6 121.6 Q3 2023 Q3 2024 +6% +5% +7% +6% +3% +1% • Organic revenue grew 5.1% • Finance & Risk solutions remain in high demand with 6% BFX growth attributable to growth across all markets • Sales & Marketing grew 1% on a BFX basis, 2.4% organic growth, primarily d
Slide 7: Debt Summary
Restricted Confidential Debt Summary ($ in millions) September 30, 2024 Maturity Interest Rate Cash $289 Revolving Facility ($850.0) (1)(2)(3) $133 2029 SOFR + 250 bps Term Loan Facility (1)(4) $3,088 2029 SOFR + 275 bps Unsecured Notes (1) $460 2029 5.00% Total Debt (1) $3,681 Net Debt (1) $3,392 N
Slide 8: Full Year 2024 Financial Guidance
Restricted Confidential Full Year 2024 Financial Guidance Financial Metrics Reiterated 2024 Guidance Total Revenue Low end of $2,400 million to $2,440 million Organic revenue growth Low end of 4.1% to 5.1% Adjusted EBITDA $930 million to $950 million Adjusted net earnings per diluted share $1.00 to
Slide 9: Appendix
Restricted Confidential Appendix
Slide 10: 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 11: 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 12: Non-GAAP Reconciliation: Adjusted EBITDA
Restricted Confidential Non-GAAP Reconciliation: Adjusted EBITDA (Amounts in millions) Three Months Ended September 30 2024 2023 Net income (loss) attributable to Dun & Bradstreet Holdings, Inc. $3.2 $4.4 Depreciation and amortization 144.8 146.7 Interest expense - net 59.2 55.3 (Benefit) provision
Slide 13: Non-GAAP Reconciliation: Adjusted Net Income
Restricted Confidential Non-GAAP Reconciliation: Adjusted Net Income (Amounts in millions, except per share data) Three Months Ended September 30 2024 2023 Net income (loss) attributable to Dun & Bradstreet Holdings, Inc. $3.2 $4.4 Incremental amortization of intangible assets resulting from the app
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