The earnings call highlighted modest revenue and net income growth, strategic acquisitions, and a strong cash position, indicating a stable financial situation. However, challenges such as a decrease in operating activities, adjusted EBITDA decline, and industry-wide uncertainties present notable hurdles. The sentiment remains balanced as the company shows resilience through strategic initiatives despite facing some operational and market challenges.
Company Guidance
During Enghouse's First Quarter 2025 Conference Call, the company reported a 2.9% increase in revenue, reaching $124 million, compared to the same period in 2024. Recurring revenue, primarily from SaaS and maintenance services, grew by 4% to $87.9 million, making up 70.9% of the total revenue. Net income rose to $21.9 million, or $0.40 per diluted share, up from $18.1 million, or $0.33 per diluted share, in Q1 2024. Despite a decrease in adjusted EBITDA to $33.1 million, a 26.7% margin was maintained. Enghouse's cash flow from operating activities, excluding changes in working capital, was $37.7 million, with cash reserves at $271.1 million by January 31, 2025. The company completed the acquisition of Aculab PLC and Margento R&D d.o.o., enhancing its product offerings and expanding its European market presence. A 15.4% increase in the quarterly dividend to $0.30 per share was approved, demonstrating a continued focus on profitability and shareholder returns.
Revenue Growth
Revenue increased 2.9% to $124 million from $120.5 million in Q1 2024.
Increase in Recurring Revenue
Recurring revenue, including SaaS and maintenance services, grew 4% to $87.9 million compared to $84.6 million in Q1 2024.
Net Income Growth
Net income increased to $21.9 million from $18.1 million in Q1 2024.
Strong Cash Position
Cash flow from operating activities was $37.7 million compared to $35.6 million in the prior year, with cash reserves at $271.1 million.
Strategic Acquisitions
Acquisitions of Aculab and Margento to enhance product offerings and expand market presence.
Dividend Increase
Increase of 15.4% in the quarterly dividend to $0.30 per common share, marking the 17th consecutive year of dividend increases.
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Enghouse Systems (TSE:ENGH) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:ENGH Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 10, 2025
C$26.42
C$25.44
-3.71%
Dec 12, 2024
C$31.11
C$27.10
-12.90%
Sep 05, 2024
C$28.48
C$30.06
+5.55%
Jun 10, 2024
C$28.40
C$29.72
+4.66%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Enghouse Systems (TSE:ENGH) report earnings?
Enghouse Systems (TSE:ENGH) is schdueled to report earning on Jun 05, 2025, TBA Not Confirmed.
What is Enghouse Systems (TSE:ENGH) earnings time?
Enghouse Systems (TSE:ENGH) earnings time is at Jun 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.