Docebo Inc. (DCBO)

Docebo Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	190.78	180.84	142.91	104.24	62.92	41.44
Revenue Growth (YoY)	25.25%	26.54%	37.10%	65.68%	51.82%	53.07%
Cost of Revenue	36.37	34.5	28.18	20.79	11.54	8.37
Gross Profit	154.41	146.34	114.73	83.46	51.38	33.08
Selling, General & Admin	101.25	100.99	89.84	71.79	41.02	31.18
Research & Development	38.51	35.48	24.78	20.36	13.38	9.44
Other Operating Expenses	9.97	9.19	7.05	4.28	2.83	1.35
Operating Expenses	149.73	145.66	121.66	96.43	57.23	41.97
Operating Income	4.68	0.68	-6.93	-12.98	-5.85	-8.89
Interest Expense / Income	-7.12	-8.74	-3.51	0.07	0.13	0.8
Other Expense / Income	3.79	4.57	-11.2	0.39	1.7	1.62
Pretax Income	8.01	4.85	7.78	-13.43	-7.68	-11.31
Income Tax	1.25	2.01	0.76	0.17	0.34	0.61
Net Income	6.76	2.84	7.02	-13.6	-8.02	-11.91
Net Income Growth	-55.56%	-59.53%	-	-	-	-
Shares Outstanding (Basic)	30	33	33	33	29	24
Shares Outstanding (Diluted)	31	34	34	33	29	24
Shares Change	-9.12%	-1.07%	3.57%	13.59%	18.76%	13.09%
EPS (Basic)	0.22	0.09	0.21	-0.41	-0.28	-0.49
EPS (Diluted)	0.21	0.08	0.21	-0.41	-0.28	-0.49
EPS Growth	-53.33%	-61.90%	-	-	-	-
Free Cash Flow	25.84	15.33	1.21	-4.4	3.71	-4.95
Free Cash Flow Per Share	0.85	0.47	0.04	-0.13	0.13	-0.20
Gross Margin	80.94%	80.92%	80.28%	80.06%	81.66%	79.82%
Operating Margin	2.45%	0.38%	-4.85%	-12.45%	-9.30%	-21.44%
Profit Margin	3.55%	1.57%	4.91%	-13.05%	-12.74%	-28.75%
Free Cash Flow Margin	13.54%	8.48%	0.84%	-4.22%	5.90%	-11.94%
Effective Tax Rate	15.57%	41.39%	9.82%	-	-	-
EBITDA	4.15	-0.75	6.6	-11.35	-6.34	-9.82
EBITDA Margin	2.17%	-0.41%	4.62%	-10.88%	-10.08%	-23.69%
Depreciation & Amortization	3.25	3.14	2.33	2.02	1.21	0.69
EBIT	0.9	-3.89	4.27	-13.36	-7.55	-10.51
EBIT Margin	0.47%	-2.15%	2.99%	-12.82%	-12.00%	-25.36%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).