Investor Presentaiton
ERS: ~90% Recurring Revenue in FY 2021; High-Teens
Recurring CAGR
$700
ERS Revenue: Recurring 1 vs. Non-recurring.
Recurring Revenue
=
CAGR 17%
88%
$ Millions
$600
$500
$400
$300
$200
$100
61%
>> ERS recurring revenue has grown by more than
$350M since 2015
» Emphasis on subscription products supports
scalability, drives operating leverage and margin
>>>
Ease of use and lower cost of ownership shifting
customer demand to SaaS-based solutions
» Next-gen products enhance customer
»
experience, improve adoption rates and shorten
sales cycles
FY 2021³ revenue:
-
$0
T
T
T
2015
2016
2017
2018
2019
2020
2021³
-
Non-recurring (L)
Recurring (L)
-% Recurring
Recurring +30%
Non-recurring (-33%)
1. Recurring revenue includes maintenance and subscription.
Compound Annual Growth Rate, 2015 - 2021.
2.
3.
As of December 31, 2021. Includes RMS revenue since September 15, 2021. All other periods prior to September 15, 2021 exclude RMS revenue.
Moody's | Better decisions
4Q & FY 2021 Investor Presentation 48
ERSView entire presentation