The company said total revenues for fiscal 2024 were $1.7 billion, up 13% from fiscal 2023, and that net income was $512.8 million (up 19%) and diluted EPS was $20.45 (up 21%).

1. 01

   The company said total revenues for fiscal 2024 were $1.7 billion, up 13% from fiscal 2023, and that net income was $512.8 million (up 19%) and diluted EPS was $20.45 (up 21%).

2. 02

   FICO said Scores segment revenue rose to $919.7 million in fiscal 2024, up 19%. The company cited a higher unit price as the main driver of the increase in B2B scores revenue, which it said was partially offset by a decrease in mortgage originations volume.

3. 03

   The company said net cash provided by operating activities rose to $633.0 million in fiscal 2024 from $468.9 million in fiscal 2023. It said it spent $833.3 million on share repurchases over the same period, and fiscal 2023 share repurchases were $407.3 million.

4. 04

   The company said that on June 13, 2024 it amended its credit agreement to add a $450 million unsecured term loan, bringing its total limit to $1.35 billion. As of September 30, 2024, the outstanding balance on that term loan was $450.0 million, and it matures on August 19, 2026.

Key figures

Fiscal year ended September 30, 2024

Revenue

$1.7B

Operating income

$734M

Net income

$513M

EPS

$20.45

Operating cash flow

$633M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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.