Constellation Software Inc. (CNSWF)

Constellation Software Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	8,561	6,622	5,107	3,969	3,489
Revenue Growth (YoY)	29.28%	29.67%	28.67%	13.76%	14.02%
Cost of Revenue	5,364	760	532	427	401
Gross Profit	3,198	5,862	4,575	3,542	3,088
Selling, General & Admin	687.38	4,009	3,000	2,297	2,082
Research & Development	1,324	969.98	763.22	634.85	541.3
Other Operating Expenses	-887	-266	-489	-78	-125
Operating Expenses	2,011	4,828	3,639	2,805	2,505
Operating Income	1,186	764	436	656	460
Interest Income	27.5	1	3	5	7
Interest Expense	195.52	88	53	41	38
Other Expense / Income	298.55	-10	-130	17	-27
Pretax Income	212.83	725	374	603	456
Income Tax	154.79	175	206	167	123
Net Income	565	512	310	436	333
Net Income Growth	10.35%	65.16%	-28.90%	30.93%	-12.21%
Shares Outstanding (Basic)	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21
EPS (Basic)	27.15	23.20	14.50	21.66	15.71
EPS (Diluted)	27.15	23.20	14.50	21.66	15.71
EPS Growth	17.03%	60.00%	-33.06%	37.87%	-12.23%
Free Cash Flow	1,637	1,256	1,271	1,161	733
Free Cash Flow Per Share	77.27	59.27	59.98	54.79	34.59
Gross Margin	37.35%	88.52%	89.58%	89.24%	88.51%
Operating Margin	13.86%	11.54%	8.54%	16.53%	13.18%
Profit Margin	6.60%	7.73%	6.07%	10.99%	9.54%
Free Cash Flow Margin	19.13%	18.97%	24.89%	29.25%	21.01%
Effective Tax Rate	72.73%	24.14%	55.08%	27.69%	26.97%
EBITDA	2,226	1,583	1,075	1,164	883
EBITDA Margin	26.00%	23.91%	21.05%	29.33%	25.31%
Depreciation & Amortization	1,040	819	639	508	423
EBIT	1,186	764	436	656	460
EBIT Margin	13.86%	11.54%	8.54%	16.53%	13.18%

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