The Descartes Systems Group Inc. (TSX: DSG)

DSG Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	572.93	486.01	424.69	348.66	325.79
Revenue Growth (YoY)	17.88%	14.44%	21.80%	7.02%	18.40%
Cost of Revenue	138.3	113.33	101.81	89.91	85.72
Gross Profit	434.64	372.69	322.88	258.75	240.07
Selling, General & Admin	125.53	106.28	91.35	75.05	75.02
Research & Development	84.1	70.35	62.57	54.07	53.51
Other Operating Expenses	0	60.18	-6.43	55.91	55.49
Operating Expenses	270.14	236.81	213.02	185.02	184.02
Operating Income	142.85	130.43	103.43	71.4	52.26
Interest Income	8.3	3.29	0.82	1.03	4.22
Interest Expense	1.36	1.17	1.12	1.19	4.42
Other Expense / Income	-1.36	-1.17	0.53	0.87	4.03
Pretax Income	151.15	133.73	102.61	70.37	48.04
Income Tax	35.25	31.49	16.33	18.27	11.04
Net Income	115.91	102.24	86.28	52.1	37
Net Income Growth	13.37%	18.49%	65.61%	40.82%	18.29%
Shares Outstanding (Basic)	85	85	85	84	82
Shares Outstanding (Diluted)	87	86	86	86	83
Shares Change	0.42%	0.29%	0.52%	3.49%	6.53%
EPS (Basic)	1.36	1.21	1.02	0.62	0.45
EPS (Diluted)	1.34	1.18	1.00	0.61	0.45
EPS Growth	13.56%	18.00%	63.93%	35.56%	12.50%
Free Cash Flow	202.12	186.32	171.31	127.47	99.35
Free Cash Flow Per Share	2.33	2.16	1.99	1.49	1.20
Gross Margin	75.86%	76.68%	76.03%	74.21%	73.69%
Operating Margin	24.93%	26.84%	24.36%	20.48%	16.04%
Profit Margin	20.23%	21.04%	20.32%	14.94%	11.36%
Free Cash Flow Margin	35.28%	38.34%	40.34%	36.56%	30.50%
Effective Tax Rate	23.32%	23.55%	15.91%	25.96%	22.98%
EBITDA	230.47	201.28	167.66	135.39	117.58
EBITDA Margin	40.23%	41.41%	39.48%	38.83%	36.09%
Depreciation & Amortization	65.98	65.4	64.23	61.66	61.52
EBIT	164.5	135.88	103.43	73.73	56.06
EBIT Margin	28.71%	27.96%	24.36%	21.15%	17.21%

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