Verisk Analytics said revenues for the year ended December 31, 2024 were $2,881.7 million, an increase of $200.3 million or 7.5% compared to $2,681.4 million in the prior year. Underwriting revenue increased $131.6 million or 7.0%, and claims revenue increased $68.7 million or 8.7%.

1. 01

   Verisk Analytics said revenues for the year ended December 31, 2024 were $2,881.7 million, an increase of $200.3 million or 7.5% compared to $2,681.4 million in the prior year. Underwriting revenue increased $131.6 million or 7.0%, and claims revenue increased $68.7 million or 8.7%.

2. 02

   Verisk Analytics said cost of revenues for 2024 was $901.1 million, an increase of $24.6 million or 2.8%, and selling, general and administrative expenses were $408.7 million, an increase of $16.9 million or 4.3%. The company cited as a principal factor the prior-year acquisition-related earn-out credit of $20.0 million that did not recur in the current period, which accounted for $22.7 million of the SGA increase.

3. 03

   Verisk Analytics said net cash used in financing activities for 2024 was $1,028.5 million. The company cited funding of accelerated share repurchase programs of $1,050.0 million, payments on early extinguishment of debt of $396.4 million, and dividend payments of $221.3 million as principal items, partially offset by proceeds from the issuance of long-term debt of $590.2 million net of original issuance discount.

4. 04

   The company said it completed the acquisition of 100% of Rocket Enterprise Solutions GmbH on January 8, 2024 for a net cash purchase price of $10.1 million. It also sold Atmospheric and Environmental Research on December 2024 for $7.1 million, and the sale resulted in a loss of $12.1 million.

Key figures

Fiscal year ended December 31, 2024

Revenue

$2.9B

Operating income

$1.3B

Net income

$958M

EPS

$6.71

Operating cash flow

$1.1B

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

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