Q4 2024 Intapp Inc Earnings Call Transcript
Key Points
- Intapp Inc (INTA) reported a 33% year-over-year growth in cloud ARR, reaching $297 million.
- The company achieved a 25% year-over-year increase in SaaS and support revenue, totaling $85 million.
- Intapp Inc (INTA) added new logos and expanded its international footprint, contributing to a 21% year-over-year increase in total revenue.
- The company launched new generative AI capabilities tailored to its target markets, enhancing its product portfolio.
- Intapp Inc (INTA) reported a significant increase in profitability and free cash flow, with free cash flow reaching $26.4 million for Q4.
- Professional services revenue decreased by 9% year-over-year, reflecting a strategic shift away from services revenue.
- Despite strong growth, the company faces challenges in migrating clients from on-premise to cloud solutions, which can be a lengthy process.
- The company’s reliance on large enterprise deals, particularly in investment banking, may expose it to market fluctuations.
- Intapp Inc (INTA) has a high concentration of revenue from a small number of large clients, which could pose risks if any major client reduces spending.
- The company’s expansion and acquisition strategy may lead to integration challenges and increased operational complexity.
Thank you for standing by, and welcome to Intapp's fiscal fourth-quarter and year-end 2024 financial results webcast. (Operator Instructions)
I would now like to turn the call over to David Trone, Senior Vice President, Investor Relations. Please go ahead.
Thank you welcome to Intapp fiscal fourth-quarter and year end 2024 financial results. On the call with me today are John Hall, Chairman and CEO of Intapp, and David Morton, Chief Financial Officer.
During the course of this conference call, we may make forward-looking statements regarding trends, strategies and anticipated performance of our business, including guidance provided for our fiscal first quarter and full year 2025.
These forward-looking statements are based on management's current views and expectations entail certain assumptions made as of today's date and are subject to various risks and uncertainties, including those described in our SEC filings and other publicly available documents that are
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
