Fri, Jun 27, 6:17 PM (16 days ago)
**Summary of Korn Ferry (KFY) Annual Report (2025)** **Financial Performance:** - **Revenue:** $2.73 billion (down 1% from 2024). - **Net Income:** $246.1 million (up 45% from 2024). - **Adjusted EBITDA:** $463.9 million (up 14% from 2024). - **Earnings Per Share (EPS):** $4.60 (up from $3.23 in 2024). **Strategic Overview:** - Korn Ferry is a global consulting firm specializing in talent and organizational performance. - The company offers a broad range of services across the talent lifecycle, combining deep expertise with scalable delivery models. - The company operates through five Solution areas: Consulting, Digital, Executive Search, Professional Search & Interim, and RPO. **Future Outlook:** - Korn Ferry aims to continue its strategic initiatives to integrate technology, deepen client relationships, and drive transformational growth. - The company expects to invest in growth initiatives, such as hiring consultants, developing IP and derivative products and services, and investing in synergistic, accretive M&A transactions. **Risk Factors:** - **Competition:** Significant competition in the human resource consulting market. - **Economic Conditions:** Demand for services is affected by global economic conditions, including recessions, inflation, interest rates, and economic uncertainty. - **Technology:** Rapid changes in AI and generative AI, which involves the use of advanced algorithms and machine learning techniques to create content, generate ideas, or simulate human-like behaviors, and block chain-based technology are increasing the competitiveness landscape. - **Regulatory:** Compliance with various laws and regulations, including data privacy and cybersecurity laws, is a significant risk. **Financial Condition:** - **Liquidity:** The company has a strong liquidity position with cash and cash equivalents of $1.01 billion as of April 30, 2025. - **Debt:** The company has a total indebtedness of approximately $400.0 million as of April 30, 2025, with $645.6 million of availability under its $650.0 million five-year senior secured revolving credit facility. **Market Position Changes:** - The company's market position is strong, with a diverse client base across various industries and geographies. - The company has a strong brand and reputation in the consulting industry. **Amendment (if applicable):** - Not applicable in this case. **Note:** The amounts are usually in thousands, 000s.