NASDAQ$CRTO

CRITEO SA-SPON ADR · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Criteo reported record results for the fourth quarter of 2024.

Criteo's Q4 2024 results showed a slight decrease in revenue but an increase in gross profit and net income. The company appointed Michael Komasinski as the new CEO and deployed $225 million to repurchase shares in 2024.

  • Revenue for Q4 2024 was $553 million, a decrease of 2% year-over-year.
  • Gross profit for Q4 2024 was $301 million, an increase of 9% year-over-year.
  • Net income for Q4 2024 was $72 million, or $1.23 per share on a diluted basis.
  • Adjusted EBITDA for Q4 2024 was $144 million, resulting in an adjusted diluted EPS of $1.75.

Headline financials

Total Revenue

$549M

Previous: $571M-3.8%
EPS (adj)

$1.75

Previous: $1.52+15.1%
Adjusted EBITDA

$144M

No prior period
Adjusted EBITDA Margin

43.0%

No prior period
Capital Expenditures

-$21.6M

Previous: -$19.7M-9.6%
Net Income

$72M

Previous: $62M+16.1%
Operating Income

$94.5M

Previous: $88.3M+7.0%
Gross Profit

$301M

Previous: $277M+8.7%
R&D Expense

$67.1M

No prior period

Revenue & EPS history

CRITEO · Revenue · Quarterly

$549M

Q4 2024-3.8%vs Q4 2023
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Revenue by segment

CRITEO · $49.8M total across 1 segment · Q3 2023

  • Retail Media
    $49.8M+21.0%

Forward guidance

Criteo expects mid-single-digit growth in Contribution ex-TAC at constant currency and an Adjusted EBITDA margin of approximately 33% to 34% for fiscal year 2025.

Tailwinds

  • Mid-single-digit growth in Contribution ex-TAC at constant currency
  • Adjusted EBITDA margin of approximately 33% to 34% of Contribution ex-TAC
  • Contribution ex-TAC between $256 million and $260 million for Q1 2025
  • Year-over-year growth at constant-currency of +3% to +5% for Q1 2025
  • Adjusted EBITDA between $68 million and $72 million for Q1 2025

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.2%

Avg return

Earnings day

+0.6%

Avg return

5 days after

-0.9%

Avg return

30 days after

53%

26 / 49 earnings

Positive

+30.4%

Q4 2017

Best reaction

-21.1%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.9%-19.9%-11.9%
Q4 2025-5.0%-8.6%-9.1%
Q3 2025+5.8%+7.0%-4.8%
Q1 2025-12.2%-17.2%-23.8%
Q4 2024+17.6%+14.9%-4.5%
Q3 2024-21.1%-19.4%-4.4%
Q2 2024+4.8%-1.6%+6.5%
Q1 2024+7.5%+7.5%+11.0%
Q4 2023+23.5%+22.3%+27.6%
Q3 2023-14.6%-14.4%-10.9%
Q2 2023-7.5%-9.4%-11.1%
Q1 2023+2.7%+2.6%+10.4%
Q4 2022+8.9%+1.8%-8.5%
Q3 2022+1.7%-1.1%+4.6%
Q2 2022+8.4%+5.3%+8.4%
Q1 2022+6.7%+0.6%+2.9%
Q4 2021-12.1%-14.8%-31.9%
Q3 2021+28.2%+27.5%+20.4%
Q2 2021-3.1%-5.3%-10.7%
Q1 2021-1.7%-3.4%+8.5%
Q4 2020+26.9%+26.6%+33.8%
Q3 2020+21.1%+17.6%+37.0%
Q2 2020-3.6%+6.1%+1.0%
Q1 2020-0.6%-4.0%+2.6%
Q4 2019-10.1%-7.5%-46.6%
Q3 2019-19.0%-15.4%-13.4%
Q2 2019+7.3%+6.1%+5.0%
Q1 2019-15.3%-13.8%-16.2%
Q4 2018+6.4%+6.3%+7.2%
Q3 2018+7.6%+7.0%+12.9%
Q2 2018-18.2%-17.0%-22.8%
Q1 2018+0.8%+3.4%-6.9%
Q4 2017+30.4%+32.5%+28.3%
Q3 2017-11.7%-9.1%-22.3%
Q2 2017-5.3%-6.2%-7.5%
Q1 2017-4.9%-3.1%-3.9%
Q4 2016+2.3%+7.7%+12.2%
Q3 2016+10.9%+16.3%+5.7%
Q2 2016-2.4%-4.3%-10.6%
Q1 2016-6.6%
Q4 2015+27.8%
Q3 2015-18.9%
Q2 2015-7.6%
Q1 2015+5.6%
Q4 2014+3.7%
Q3 2014-1.8%
Q2 2014+3.1%
Q1 2014+2.8%
Q4 2013-11.0%
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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