Financial Performance - Revenues for Q2 FY25 reached $35 billion, a 1% increase compared to $3465 billion in Q2 FY24[10, 23] - Adjusted EBITDA for Q2 FY25 was $268 million, a 3% increase from $260 million in Q2 FY24, with a margin of 77%[10, 23] - Adjusted Diluted EPS for Q2 FY25 was $053, compared to $051 in Q2 FY24[10, 23] - Free Cash Flow for Q2 FY25 was $53 million[10, 30] Backlog and Business Development - The company's backlog stands at $45 billion, with a YTD book-to-bill ratio of 10x[10, 14] - Approximately $29 billion in pending awards are anticipated, with a FY25 submits target of over $35 billion[18] Divestiture and Strategy - The company announced a definitive agreement to divest its Rapid Solutions product business for $360 million, expecting $325 million in after-tax proceeds[21] - The divestiture of Rapid Solutions accounts for approximately 1% of annual Revenues and Adjusted EBITDA[21] Fiscal Year 2025 Outlook - The company reaffirms its prior guidance mid-points for Fiscal Year 2025, with revenue contributions primarily from existing or recompete business (98%) and new business (2%)[37] - The company projects Free Cash Flow between $475 million and $525 million, Adjusted Diluted EPS between $200 and $220, Adjusted EBITDA between $1065 billion and $1095 billion, and Revenues between $1385 billion and $1415 billion[37]
Amentum Holdings, Inc.(AMTM) - 2025 Q2 - Earnings Call Presentation