How did SS&C Technologies' revenue and expenses trend in Q4 2024?

SS&C Technologies' revenue and expenses in Q4 2024 showed a business-focused trend, with a significant portion of the revenue coming from Software-Enabled Services. Here's a detailed analysis: 1. **Revenue Trend**: - SS&C Technologies reported a total revenue of $4.84 billion for the quarter. - The majority of this revenue, $3.59 billion, came from Software-Enabled Services, which is a substantial portion of the total revenue. - The company also had revenue from License, Maintenance, and Related services, with $1.27 billion, $1.04 billion, and $766 million respectively. - The remaining $244 million came from another segment of License, Maintenance, and Related services. 2. **Expense Trend**: - The net income for the quarter was $248.4 million. - Operating expenses were not provided in the report, but we can infer that they are a significant factor in the net income calculation. - The absence of specific operating expense figures makes it difficult to analyze the direct expenses against revenue, but it's clear that the company's revenue exceeded its net income by a substantial margin. 3. **Conclusion**: - SS&C Technologies showed strong revenue generation in Q4 2024, with Software-Enabled Services being a major contributor. - The company's net income indicates that while expenses are substantial, they are well-covered by the revenue generated, especially from the Software-Enabled Services segment. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |SSNC|SSNC.O|Ss&c Technologies|20240101-2024|License, Maintenance and Related|1.0417E9|185| |SSNC|SSNC.O|Ss&c Technologies|20240101-2024|License, Maintenance and Related|7.66E8|185| |SSNC|SSNC.O|Ss&c Technologies|20240101-2024|License, Maintenance and Related|5.064E8|185| |SSNC|SSNC.O|Ss&c Technologies|20240101-2024|License, Maintenance and Related|2.473E8|185| |SSNC|SSNC.O|Ss&c Technologies|20240101-2024|Software-Enabled Services|1.1877E9|185| |SSNC|SSNC.O|Ss&c Technologies|20240101-2024|License, Maintenance and Related|2.473E8|185| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |SSNC|SSNC.O|Ss&c Technologies|2023 Q4|-6.1175337186897885|1.949E8|185| |SSNC|SSNC.O|Ss&c Technologies|2024 Q1|25.198098256735342|1.58E8|185| |SSNC|SSNC.O|Ss&c Technologies|2024 Q2|45.683728036669216|1.907E8|185| |SSNC|SSNC.O|Ss&c Technologies|2024 Q3|5.108556832694764|1.646E8|185|