Enfusion, Inc. (ENFN) Q3 2024 Earnings Call Transcript Summary
Enfusion, Inc. (ENFN) Q3 2024 Earnings Call Transcript Summary
Gross profit increased by 17% year-over-year to $35.2 million; adjusted gross margin was 68.8%.The following is a summary of the Enfusion, Inc. (ENFN) Q3 2024 Earnings Call Transcript:
以下是Enfusion, Inc. (ENFN) 2024年第三季度業績會議實錄摘要：
Financial Performance:
金融業績：
Enfusion reported a 15% year-over-year growth in revenue, reaching $51.2 million in Q3 2024.
Adjusted EBITDA for the quarter was $11.1 million, representing a margin of 21.8%.
Gross profit increased by 17% year-over-year to $35.2 million; adjusted gross margin was 68.8%.
The company witnessed annual recurring revenue (ARR) crossing $200 million, a 14% growth year-over-year.
Enfusion報告截至2024年第三季度營收同比增長15%，達到$5120萬。
本季度調整後的EBITDA爲$1110萬，代表21.8%的毛利率。
毛利潤同比增長17%，達到$3520萬；調整後的毛利率爲68.8%。
公司年度循環收入(ARR)突破$20000萬，同比增長14%。
Business Progress:
業務進展：
New product developments and enhancements such as the Portfolio Workbench tool played a significant role in expanding into higher-value market segments and geographical regions.
Enfusion signed 38 new clients in Q3, bringing the total to 894, with notable wins across various global markets including Agile Investment Management and Frontier Global Partners, and a strong presence in EMEA.
The company is making key hires and increasing its capacity in product and engineering to drive future scaling and innovation.
新產品開發和增強功能，如投資組合工作臺工具，在擴展至更高價值市場細分和地理區域方面發揮了重要作用。
Enfusion在第三季度簽署了38個新客戶，總數達到894個，涵蓋全球各個市場，包括敏捷投資管理和邊疆全球合作伙伴，在歐洲、中東、非洲地區擁有強大的業務。
該公司正在進行關鍵人員招聘，並擴大產品和工程團隊，以推動未來的擴張和創新。
Opportunities:
機會：
The potential to expand further into institutional asset management markets, increasing the serviceable addressable market (SAM).
Geographic expansion, particularly in the Middle East and Scandinavia, presents opportunities for growth.
有潛力進一步擴展到機構資產管理市場，增加可服務的可尋址市場（SAM）。
地理擴張，尤其是在中東和斯堪的納維亞地區，爲增長帶來機會。
Risks:
風險：
Slower growth from back book clients due to factors like the upcoming election and general macroeconomic conditions.
The company experienced an unusually high amount of involuntary churn at the end of Q2 and begin Q3 that impacted growth trajectory for the quarter.
由於諸如即將舉行的選舉和宏觀經濟狀況等因素，因舊帳戶客戶的增長放緩。
該公司在第二季度末和第三季度初經歷了異常高比例的非自願客戶流失，影響了本季度的增長軌跡。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
