ICF International Inc (ICFI) Q1 2025 earnings call Highlights: navigate challenges with …

• Revenue: $ 487.6 million, a decline of 1.4% compared to the previous year.

• Commercial sales growth: Rose by 22.1% and made 29.5% of the total income.

• Commercial energy income: Rose by 21% compared to the previous year.

• Fitted EBITDA margins: Extended 10 basis points to 11.3%.

• Non-GAAP-EPS: Increased by 9.6% to $ 1.94.

• Net income: 26.9 million US dollars, somewhat below the 27.3 million US dollars of last year.

• Gross marge: Extended 80 basis points to 38%.

• Interest effort: From $ 8.2 million in the previous year to $ 7.3 million.

• Tax rate: 10.5% in the first quarter, with a total annual expectation of 18.5%.

• Residue: 3.4 billion US dollars, financed with 1.9 billion US dollars.

• Nettos: 499 million US dollars, compared to $ 475 million in the previous year.

• Share returns: 313,000 shares for 35 million US dollars.

• Operating cash flow: Consumed $ 33 million due to the seasonal operating capital requirement.

• Investment expenses: 3.5 million US dollars, compared to 5.2 million US dollars a year ago.

Appearance date: May 1, 2025

You can find the complete copy of the earnings call in the complete earnings call.

• ICF International Inc (Nasdaq: ICFI) reported on income in the first quarter in accordance with the expectations and demonstrated the strength of his diversified business model.

• The income from commercial energy customers rose by 21%compared to the previous year, which is due to a strong demand for supply customers.

• The adapted EBITDA margin for the total income was expanded by 10 basis points to 11.3%, which contradicts effective cost management.

• The non-GAAP EPS rose by almost 10%and exceeded the sales comparisons in the first quarter.

• The AEG acquired at the end of 2024 was successfully completed, which improved ICFI's skills in energy technology and consulting services.

• The income of federal customers decreased by 12.6% compared to the first quarter of the previous year, which was affected by contract financing and a slower pace of new RFPs.

• An estimated $ 115 million of estimated 2025 revenues are influenced by stop work orders and contracts.

• The IT modernization business is expected to drop by 5% to 10% in the year due to delays in awards and procurement processes.

• The revenue in the first quarter decreased by 1.4% compared to the year, which was due to a working day of less and a decline in the passage of the US government.

• The deficit was adapted to consider the Federal Government's ends, which has had an effect by around 375 million US dollars since the beginning of the year.

Q: With the visibility of the business today, you still expect that the second quarter will change the top effects of the federal government, or has your outlook changed? A: John Wasson, CEO: The federal environment remains fluid. We expect continuing activity in the next quarters, but Q2 and Q3 will probably see similar effects as Q1, no longer significantly.