Constellation Software Inc. (CNSWF)

Constellation Software Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	9,684	8,405	6,622	5,107	3,969	3,489
Other Revenue	2	2	-	-1	-	1
Revenue	9,686	8,407	6,622	5,106	3,969	3,490
Revenue Growth (YoY)	22.11%	26.96%	29.69%	28.65%	13.72%	14.05%
Cost of Revenue	6,236	5,461	4,299	3,227	2,477	2,198
Gross Profit	3,450	2,946	2,323	1,879	1,492	1,292
Selling, General & Admin	835	711	556	359	247	331
Other Operating Expenses	30	33	28	11	49	18
Operating Expenses	2,052	1,765	1,403	1,009	804	772
Operating Income	1,398	1,181	920	870	688	520
Interest Expense	-243	-168	-93	-55	-43	-39
Interest & Investment Income	27	3	1	2	1	3
Earnings From Equity Investments	5	5	-	1	-	-1
Currency Exchange Gain (Loss)	-56	-43	56	-1	-2	-11
Other Non Operating Income (Expenses)	-499	-748	-112	-438	-68	-52
EBT Excluding Unusual Items	632	230	772	379	576	420
Impairment of Goodwill	-12	-8	-5	-	-4	-
Gain (Loss) on Sale of Investments	7	2	-16	2	-	-
Asset Writedown	-27	-18	-2	-12	-8	-
Other Unusual Items	-7	60	-24	5	38	36
Pretax Income	593	266	725	374	602	456
Income Tax Expense	244	204	175	206	166	123
Earnings From Continuing Operations	349	62	550	168	436	333
Minority Interest in Earnings	238	503	-38	142	-	-
Net Income	587	565	512	310	436	333
Net Income to Common	587	565	512	310	436	333
Net Income Growth	1.91%	10.35%	65.16%	-28.90%	30.93%	-12.14%
Shares Outstanding (Basic)	21	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21	21
EPS (Basic)	27.70	26.66	24.16	14.63	20.57	15.71
EPS (Diluted)	27.69	26.66	24.16	14.63	20.57	15.71
EPS Growth	1.87%	10.35%	65.16%	-28.90%	30.93%	-12.14%
Free Cash Flow	1,974	1,737	1,256	1,271	1,161	733
Free Cash Flow Per Share	93.15	81.97	59.27	59.98	54.79	34.59
Dividend Per Share	4.000	4.000	4.000	4.000	4.000	4.000
Gross Margin	35.62%	35.04%	35.08%	36.80%	37.59%	37.02%
Operating Margin	14.43%	14.05%	13.89%	17.04%	17.33%	14.90%
Profit Margin	6.06%	6.72%	7.73%	6.07%	10.99%	9.54%
Free Cash Flow Margin	20.38%	20.66%	18.97%	24.89%	29.25%	21.00%
EBITDA	1,544	1,604	1,252	1,110	859	654
EBITDA Margin	15.94%	19.08%	18.91%	21.74%	21.64%	18.74%
D&A For EBITDA	146	423	332	240	171	134
EBIT	1,398	1,181	920	870	688	520
EBIT Margin	14.43%	14.05%	13.89%	17.04%	17.33%	14.90%
Effective Tax Rate	41.15%	76.69%	24.14%	55.08%	27.57%	26.97%
Revenue as Reported	9,686	8,407	6,622	5,106	3,969	3,490
Advertising Expenses	-	111	86	54	-	46

Source: S&P Capital IQ. Standard template. Financial Sources.