Docebo Inc. (TSX: DCBO)

Docebo Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	180.84	142.91	104.24	62.92	41.44
Revenue Growth (YoY)	26.54%	37.10%	65.68%	51.82%	53.07%
Cost of Revenue	34.5	28.18	20.79	11.54	8.26
Gross Profit	146.34	114.73	83.46	51.38	33.18
Selling, General & Admin	107.04	94.55	74.05	42.64	32.8
Research & Development	35.48	24.78	20.36	13	8.58
Other Operating Expenses	-0.18	2.33	2.02	1.23	0.69
Operating Expenses	145.66	121.66	96.43	56.87	42.07
Operating Income	-3.71	-6.93	-12.98	-5.49	-8.89
Interest Income	7.96	3.91	0.44	0.32	0.75
Interest Expense	0.3	0.38	0.49	0.43	0.75
Other Expense / Income	-0.89	-11.17	0.4	1.71	2.42
Pretax Income	4.85	7.78	-13.43	-7.32	-11.31
Income Tax	2.01	0.76	0.17	0.34	0.61
Net Income	2.84	7.02	-13.6	-7.65	-11.91
Net Income Growth	-59.53%	-	-	-	-
Shares Outstanding (Basic)	33	33	33	29	24
Shares Outstanding (Diluted)	34	34	33	29	24
Shares Change	-1.07%	3.57%	13.59%	18.76%	-19.04%
EPS (Basic)	0.09	0.21	-0.41	-0.26	-0.49
EPS (Diluted)	0.08	0.21	-0.41	-0.26	-0.49
EPS Growth	-61.90%	-	-	-	-
Free Cash Flow	15.33	1.21	-4.4	3.71	-4.95
Free Cash Flow Per Share	0.46	0.04	-0.13	0.13	-0.20
Gross Margin	80.92%	80.28%	80.06%	81.66%	80.07%
Operating Margin	-2.05%	-4.85%	-12.45%	-8.73%	-21.44%
Profit Margin	1.57%	4.91%	-13.05%	-12.17%	-28.75%
Free Cash Flow Margin	8.48%	0.84%	-4.22%	5.90%	-11.94%
Effective Tax Rate	41.39%	9.82%	-	-	-
EBITDA	11.52	-15.71	-10.48	-3.88	-8.94
EBITDA Margin	6.37%	-10.99%	-10.06%	-6.16%	-21.56%
Depreciation & Amortization	3.14	2.33	2.02	1.23	0.69
EBIT	8.38	-18.04	-12.5	-5.11	-9.63
EBIT Margin	4.63%	-12.62%	-11.99%	-8.12%	-23.24%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.