Strong ARR and Free Cash Flow Growth
Temenos reported a strong ARR growth of 12% year-on-year and a free cash flow growth of 25% in Q4 2024.
Record SaaS ACV Performance
The company achieved its strongest SaaS ACV quarter ever, totaling $24.8 million.
Successful Strategic Execution
Temenos completed the sale of Multifonds to focus its product portfolio and investment strategy, aligning with their strategic growth levers.
Improved Services Profitability
The services margin improved significantly, with service costs down 11% in the quarter and 7% for the full year.
Positive Customer Success Stories
Major banks like Aldermore and CEC Bank chose Temenos for core banking solutions, demonstrating the company's relevance and success in customer relations.