H&R <a href="https://laohu8.com/S/XYZ.AU">Block Inc</a>. Reports 4.2% Revenue Increase and 1.9% Rise in Net Income for Fiscal Year 2025; EPS Up 6.8%
H&R Block Inc. has released its financial results for the fiscal year ending June 30, 2025. The company reported a 4.2% increase in revenues, amounting to an additional $150.6 million compared to the prior year. This growth was primarily driven by a 6.1% increase in U.S. assisted tax preparation revenues, attributed to a 5.1% rise in net average charge and a 1.0% increase in company-owned tax return volumes. However, U.S. royalties revenue saw a decrease of $11.9 million, or 5.8%, due to the acquisition of franchise offices, which reduced franchise tax return volumes. Net income from continuing operations rose by 1.9% to $609.5 million, while EBITDA from continuing operations increased by $13.2 million, or 1.4%, reaching $976.3 million. The company also reported a 6.8% increase in diluted earnings per share from continuing operations, which went up by $0.28. During the fiscal year, H&R Block acquired franchise offices, which contributed to the increase in tax preparation revenues but led to a decline in royalties as the operations became company-owned. The company also experienced a slight decrease of 0.9% in total assisted tax return volume, encompassing both company-owned and franchise offices.
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