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H&R Block(HRB) - 2025 Q3 - Earnings Call Presentation
2025-05-07 20:59
Financial Performance - H&R Block's Q3 FY25 revenue increased by 42% to $22771 million compared to $21848 million in Q3 FY24[73] - EBITDA grew by 5% to $10121 million[73] - Earnings Per Share increased by 92% to $532[73] - Adjusted Earnings Per Share increased by 89% to $538[73] - The company reaffirmed its FY25 outlook, projecting revenue between $369 billion and $375 billion, EBITDA between $975 million and $102 billion, and adjusted EPS between $515 and $535[16,82] Market Trends and Strategy - The tax industry volume grew by approximately 1%[20] - There was a shift from DIY to Assisted tax preparation, with the Assisted category growing by 170 basis points[20] - H&R Block's DIY revenue increased by 8% in Q3[39] - H&R Block saw a 10x increase in new clients participating in Second Look[32] Small Business and Financial Products - Assisted Small Business tax revenue experienced high single-digit growth[60] - Bookkeeping and payroll revenue saw double-digit growth[60] - There was a 13% revenue growth in the ProTier subscription product[60] - Sign-ups for financial products increased by approximately 50%[62]