Docebo Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	180.84	142.91	104.24	62.92	41.44	27.07
Revenue Growth (YoY)	26.54%	37.10%	65.68%	51.82%	53.07%	-
Cost of Revenue	34.5	28.18	20.79	11.54	8.37	5.65
Gross Profit	146.34	114.73	83.46	51.38	33.08	21.42
Selling, General & Admin	100.99	89.84	71.79	41.02	31.18	22.57
Research & Development	35.48	24.78	20.36	13.38	9.44	6.61
Other Operating Expenses	9.19	7.05	4.28	2.83	1.35	0.42
Operating Expenses	145.66	121.66	96.43	57.23	41.97	29.6
Operating Income	0.68	-6.93	-12.98	-5.85	-8.89	-8.18
Interest Expense / Income	-8.74	-3.51	0.07	0.13	0.8	0.67
Other Expense / Income	4.57	-11.2	0.39	1.7	1.62	2.81
Pretax Income	4.85	7.78	-13.43	-7.68	-11.31	-11.65
Income Tax	2.01	0.76	0.17	0.34	0.61	0
Net Income	2.84	7.02	-13.6	-8.02	-11.91	-11.65
Net Income Growth	-59.53%	-	-	-	-	-
Shares Outstanding (Basic)	33	33	33	29	24	22
Shares Outstanding (Diluted)	34	34	33	29	24	22
Shares Change	-1.07%	3.57%	13.59%	18.76%	13.09%	-
EPS (Basic)	0.09	0.21	-0.41	-0.28	-0.49	-0.52
EPS (Diluted)	0.08	0.21	-0.41	-0.28	-0.49	-0.52
EPS Growth	-61.90%	-	-	-	-	-
Free Cash Flow	15.33	1.21	-4.4	3.71	-4.95	-2.71
Free Cash Flow Per Share	0.47	0.04	-0.13	0.13	-0.20	-0.13
Gross Margin	80.92%	80.28%	80.06%	81.66%	79.82%	79.13%
Operating Margin	0.38%	-4.85%	-12.45%	-9.30%	-21.44%	-30.21%
Profit Margin	1.57%	4.91%	-13.05%	-12.74%	-28.75%	-43.03%
Free Cash Flow Margin	8.48%	0.84%	-4.22%	5.90%	-11.94%	-10.01%
Effective Tax Rate	41.39%	9.82%	-	-	-	-
EBITDA	-0.75	6.6	-11.35	-6.34	-9.82	-10.82
EBITDA Margin	-0.41%	4.62%	-10.88%	-10.08%	-23.69%	-39.95%
Depreciation & Amortization	3.14	2.33	2.02	1.21	0.69	0.17
EBIT	-3.89	4.27	-13.36	-7.55	-10.51	-10.99
EBIT Margin	-2.15%	2.99%	-12.82%	-12.00%	-25.36%	-40.57%

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).