Analyst Consensus
This material represents the combined consensus numbers collected from various third party analysts between 28.4.25 – 2.5.25. The consensus estimates, including all underlying projections, predictions or forecasts are the analyst’s own opinion and do not represent the opinions, forecasts, estimates, projections or predictions of the Company or its management, nor should they be relied upon as a comprehensive consensus of all third party analysts. Specifically the information should not be relied upon as representing the Company’s estimates of its future financial performance. The company neither endorses, nor comments in any way on the combined consensus numbers, conclusions or recommendations. Actual figures or the Company’s expectations may materially differ from the consensus numbers, and the Company does not make any corrective statements, whatsoever, if that is the case. Furthermore, the underlying methodology to derive the consensus estimates may change at any given time. In addition, analysts will revise their figures that went into these consensus numbers from time to time. The company assumes no responsibility or liability for the accuracy and completeness of the published information and assumes no obligation with the compilation and publication of consensus estimates, nor with their respective update. These combined consensus numbers are for information purposes only and constitute neither investment advice nor any solicitation to buy, hold or sell securities or other financial instruments of the Company.
Consensus for Temenos proforma excluding any contribution Multifonds, aligning with Temenos’ FY-25 guidance
| USDm, except EPS in USD | Q2 2025 average | No. of analysts | FY-25 average | No. of analysts | |||
|---|---|---|---|---|---|---|---|
| Subscription | 100.1 | 11 | 430.6 | 10 | |||
| Maintenance | 114.0 | 10 | 465.5 | 9 | |||
| Services | 30.0 | 11 | 123.1 | 9 | |||
| Revenue | 244.7 | 11 | 1022.3 | 9 | |||
| Costs | 164.9 | 11 | 698.5 | 10 | |||
| EBIT | 81.2 | 11 | 323.6 | 10 | |||
| EPS | 3.63 | 10 | |||||
| FCF | 243.5 | 6 |
Multifonds historic contribution
Temenos announced the sale of Multifonds on February 6th, 2025 (press release here), and the closure of the sale was announced on June 2nd, 2025 (press release here). Below are the historic P&L contribution of Multifonds in Q1-24, Q2-24 and FY-24.
Multifonds contribution to Q1-24, Q2-24 and FY-24
| USDm (non-IFRS, c.c.) | Q1-24 | Q2-24 | FY-24 |
|---|---|---|---|
| Subscription and SaaS | 4.3 | 2.1 | 41.9 |
| Maintenance | 9.7 | 7.8 | 33.2 |
| Services | 1.6 | 1.5 | 7.1 |
| Total revenue | 15.6 | 11.4 | 82.2 |
| Costs | 6.5 | 6.6 | 29.8 |
| EBIT | 9.1 | 4.8 | 52.3 |