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BBB+ credit rating with stable outlook, maintaining strong financial health for over 5 years. Revenue growth of 14% YoY with net cash reserves exceeding $420M and operating margins at 18.3%.
The Annual Financial Report 2024 explicitly states a BBB+ credit rating with 14% YoY revenue growth and $420M+ cash reserves, directly satisfying the RFP requirement for BBB or above.
This is independently confirmed by the S&P Credit Rating Summary Q3 2024, which rates the outlook as 'Stable' and highlights diversified revenue streams.
The RFP specifically requires a credit rating of BBB or above from a recognized agency (Section 3.2.1), which is met by the documented BBB+ rating.
Based on the latest financial reports and credit agency ratings found in the provided documents. The rating reflects consistent revenue growth and solid cash reserves.