Constellation Software Inc. (TSX:CSU)

Constellation Software Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	10,365	10,066	8,405	6,622	5,107	3,969
Other Revenue	2	-	2	-	-1	-
Revenue	10,367	10,066	8,407	6,622	5,106	3,969
Revenue Growth (YoY)	17.26%	19.73%	26.96%	29.69%	28.65%	13.73%
Cost of Revenue	6,614	6,451	5,461	4,299	3,227	2,477
Gross Profit	3,753	3,615	2,946	2,323	1,879	1,492
Selling, General & Admin	905	874	711	556	359	247
Other Operating Expenses	47	44	32	28	11	49
Operating Expenses	2,210	2,144	1,764	1,403	1,009	804
Operating Income	1,543	1,471	1,182	920	870	688
Interest Expense	-259	-255	-168	-93	-55	-43
Interest & Investment Income	33	33	3	1	2	1
Earnings From Equity Investments	-	-	5	-	1	-
Currency Exchange Gain (Loss)	-24	26	-43	56	-1	-2
Other Non Operating Income (Expenses)	-160	-237	-748	-112	-438	-68
EBT Excluding Unusual Items	1,133	1,038	231	772	379	576
Impairment of Goodwill	-7	-7	-8	-5	-	-4
Gain (Loss) on Sale of Investments	-	-	2	-16	2	-
Asset Writedown	-14	-21	-18	-2	-12	-8
Other Unusual Items	-	2	59	-24	5	38
Pretax Income	1,112	1,012	266	725	374	602
Income Tax Expense	279	244	204	175	206	166
Earnings From Continuing Operations	833	768	62	550	168	436
Minority Interest in Earnings	-92	-37	503	-38	142	-
Net Income	741	731	565	512	310	436
Net Income to Common	741	731	565	512	310	436
Net Income Growth	28.65%	29.38%	10.35%	65.16%	-28.90%	30.93%
Shares Outstanding (Basic)	21	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21	21
Shares Change (YoY)	-0.11%	-	-	-	-	-
EPS (Basic)	35.00	34.49	26.66	24.16	14.63	20.57
EPS (Diluted)	34.98	34.48	26.66	24.16	14.63	20.57
EPS Growth	28.73%	29.33%	10.35%	65.16%	-28.90%	30.93%
Free Cash Flow	2,214	2,129	1,737	1,256	1,271	1,161
Free Cash Flow Per Share	104.56	100.47	81.97	59.27	59.98	54.79
Dividend Per Share	4.000	4.000	4.000	4.000	4.000	4.000
Gross Margin	36.20%	35.91%	35.04%	35.08%	36.80%	37.59%
Operating Margin	14.88%	14.61%	14.06%	13.89%	17.04%	17.33%
Profit Margin	7.15%	7.26%	6.72%	7.73%	6.07%	10.98%
Free Cash Flow Margin	21.36%	21.15%	20.66%	18.97%	24.89%	29.25%
EBITDA	2,076	1,972	1,600	1,252	1,110	859
EBITDA Margin	20.03%	19.59%	19.03%	18.91%	21.74%	21.64%
D&A For EBITDA	533	501	418	332	240	171
EBIT	1,543	1,471	1,182	920	870	688
EBIT Margin	14.88%	14.61%	14.06%	13.89%	17.04%	17.33%
Effective Tax Rate	25.09%	24.11%	76.69%	24.14%	55.08%	27.57%
Revenue as Reported	10,367	10,066	8,407	6,622	5,106	3,969
Advertising Expenses	-	130	111	86	54	-

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.