How did Alight's revenue and expenses trend in Q4 2024?
4/14/2025 01:25pm
Alight's revenue and expenses in Q4 2024 showed a business-focused trend with significant segments in Employer Solutions and Recurring services:
1. **Revenue Segmentation**: Alight's revenue was distributed across different segments, with the most notable being Employer Solutions and Recurring services. The company reported a total revenue of $2.33 billion, with $1.65 billion coming from Employer Solutions and $1.52 billion from Recurring services. Additionally, there were smaller segments amounting to $197 million from Project services and $134 million from Business services.
2. **Expense Focus**: The company's net income stood at $8 million for the quarter. The Operating Expenses, Research and Development Expenses, and Selling, General, and Administrative Expenses were not provided separately, but the total expenses related to these categories were $227 million.
3. **Stability and Growth**: Despite the lack of detailed expense segmentation, the reported figures indicate a stable business environment with consistent revenue streams. The slight fluctuations in revenue between the segments suggest a strategic focus on maintaining a balanced portfolio of services.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|ALIT|ALIT.N|Alight|20240101-2024|Employer Solutions|2.332E9|169|
|ALIT|ALIT.N|Alight|20240101-2024|Employer Solutions|1.652E9|169|
|ALIT|ALIT.N|Alight|20240101-2024|Employer Solutions|1.097E9|169|
|ALIT|ALIT.N|Alight|20240101-2024|Employer Solutions|5.59E8|169|
|ALIT|ALIT.N|Alight|20240101-2024|Employer Solutions|5.59E8|169|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|ALIT|ALIT.N|Alight|2024 Q1|-56.75675675675676|-1.16E8|169|
|ALIT|ALIT.N|Alight|2024 Q2|131.94444444444443|2.3E7|169|
|ALIT|ALIT.N|Alight|2024 Q3|-60.86956521739131|-7.4E7|169|
|ALIT|ALIT.N|Alight|2024 Q4|104.70588235294119|8000000|169|
|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Selling, General, and Administrative Expenses YoY|Operating Expenses YoY|Operating Expenses|R&D Expenses YoY|market_code|
|---|---|---|---|---|---|---|---|---|---|---|
|ALIT|ALIT.N|Alight|20240331|2.22E8||-2.2026431718061676||||169|
|ALIT|ALIT.N|Alight|20240630|2.19E8||-1.7937219730941705||||169|
|ALIT|ALIT.N|Alight|20240930|2.16E8||2.3696682464454977||||169|
|ALIT|ALIT.N|Alight|20241231|2.27E8||-1.3043478260869565||||169|