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CHICAGO—Valeria Gutowski, Chief Accounting Officer at Enfusion, Inc. (NYSE:ENFN), a $1.32 billion market cap fintech company showing 15.8% revenue growth, recently sold a portion of her holdings in the company. According to a filing with the Securities and Exchange Commission, Gutowski sold 796 shares of Class A Common Stock on January 7, 2025, at an average price of $10.13 per share, totaling approximately $8,063. InvestingPro analysis indicates the stock is trading near its Fair Value, with strong liquidity metrics and positive growth expectations.
The transaction was reported as a mandatory sale to cover tax withholding obligations related to the issuance of shares, rather than a discretionary trade by Gutowski. Following this transaction, Gutowski holds 34,803 shares of Enfusion stock. According to InvestingPro, which offers comprehensive analysis of 1,400+ US stocks through its Pro Research Reports, Enfusion maintains a healthy balance sheet with a current ratio of 3.62, indicating strong short-term financial stability.
In other recent news, Enfusion Inc. reported a successful third quarter in 2024, with a notable 15% increase in year-over-year revenue to $51.2 million and an adjusted EBITDA of $11.1 million. The company's annual recurring revenue (ARR) surpassed $200 million, marking a 14% year-over-year increase. Enfusion also gained 38 new clients, bringing the total to 894, and reported an average total value (ATV) of $229,000, up 5.7% year-over-year.
Revenue growth was significant across all regions, with the Americas at 17%, EMEA at 22%, and Asia-Pacific at 6%. The company revised its full-year revenue guidance to between $202 million and $205 million, with EBITDA guidance at $41 million to $45 million. These are recent developments, reflecting the company's strategic execution, including attracting larger clients and expanding product offerings.
Enfusion's management team expressed confidence in achieving its medium-term revenue growth target of 20% to 22% from 2025 to 2027. The company expects to maintain a consistent margin with EBITDA guidance refined to $41 million to $45 million. Despite some moderation in back book growth and a slight deceleration of ARR growth, Enfusion remains optimistic about its positioning for future growth through product innovation, strategic partnerships, and improved forecasting processes.
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