AI English summary of an SEC filing — figures as filed
FactSet FDSFactSet said it is hosting an Investor Day on November 14, 2024 in New York City and via livestream, and it furnished the presentation as 8-K. The company said it reaffirmed its full-year fiscal 2025 guidance and announced a new medium-term outlook in its press release.
Key points
AI summaryFactSet said it is hosting an Investor Day on November 14, 2024 in New York City and via livestream, and it furnished the presentation as 8-K. The company said it reaffirmed its full-year fiscal 2025 guidance and announced a new medium-term outlook in its press release.
FactSet said its ASV was $2.3B as of FY24, with more than 216K users and more than 8K clients. It put the total addressable market at more than $40B and the core addressable market at $28B.
The company put ASV at $1,145M for Institutional Buy-Side, $441M for Dealmakers and $315M for Wealth as of FY24. It said its annual ASV growth over FY21-24 averaged about 6% for Institutional Buy-Side, more than 8% for Dealmakers and more than 9% for Wealth.
The company said its medium-term outlook targets average annual organic ASV growth through FY28 of LDD for Wealth and HSD for Dealmakers. It said organic ASV growth for FY24 was 12% and 4%, respectively.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
FactSet to Hold Investor Day and Reaffirm Outlook on November 14, 2024
FactSet said it is hosting an Investor Day on November 14, 2024 in New York City and via livestream, and it furnished the presentation as 8-K. The company said it reaffirmed its full-year fiscal 2025 guidance and announced a new medium-term outlook in its press release.
Source · Based on the filing body and exhibits
FY24 ASV of $2.3B and Total Addressable Market of More Than $40B
FactSet said its ASV was $2.3B as of FY24, with more than 216K users and more than 8K clients. It put the total addressable market at more than $40B and the core addressable market at $28B.
Source · Based on the filing body and exhibits
ASV by Firm Type as of FY24 and ASV Growth Over FY21-24
The company put ASV at $1,145M for Institutional Buy-Side, $441M for Dealmakers and $315M for Wealth as of FY24. It said its annual ASV growth over FY21-24 averaged about 6% for Institutional Buy-Side, more than 8% for Dealmakers and more than 9% for Wealth.
Source · Based on the filing body and exhibits
Wealth and Dealmakers Medium-Term Outlook Through FY28
The company said its medium-term outlook targets average annual organic ASV growth through FY28 of LDD for Wealth and HSD for Dealmakers. It said organic ASV growth for FY24 was 12% and 4%, respectively.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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