The Descartes Systems Group Inc. (DSGX)

DSGX Income Statement

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

Year Ending	TTM	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Revenue	587.67	572.93	486.01	424.69	348.66	325.79
Revenue Growth (YoY)	16.09%	17.88%	14.44%	21.80%	7.02%	18.40%
Cost of Revenue	140.82	138.3	113.33	101.81	89.91	85.72
Gross Profit	446.84	434.64	372.69	322.88	258.75	240.07
Selling, General & Admin	127.46	125.53	106.28	91.35	75.05	75.02
Research & Development	86.23	84.1	70.35	62.57	54.07	53.51
Other Operating Expenses	84.49	82.15	65.62	65.53	58.24	59.28
Operating Expenses	298.17	291.79	242.25	219.45	187.36	187.81
Operating Income	148.67	142.85	130.43	103.43	71.4	52.26
Interest Expense / Income	1.3	1.36	1.17	1.12	1.19	4.42
Other Expense / Income	-12.16	-9.67	-4.46	-0.3	-0.16	-0.19
Pretax Income	159.54	151.15	133.73	102.61	70.37	48.04
Income Tax	38.32	35.25	31.49	16.33	18.27	11.04
Net Income	121.22	115.91	102.24	86.28	52.1	37
Net Income Growth	11.75%	13.37%	18.49%	65.61%	40.82%	18.29%
Shares Outstanding (Basic)	85	85	85	85	84	82
Shares Outstanding (Diluted)	87	87	86	86	86	83
Shares Change	0.43%	0.42%	0.29%	0.52%	3.49%	6.53%
EPS (Basic)	1.42	1.36	1.21	1.02	0.62	0.45
EPS (Diluted)	1.40	1.34	1.18	1.00	0.61	0.45
EPS Growth	11.11%	13.56%	18.00%	63.93%	35.56%	12.50%
Free Cash Flow	216.44	202.12	186.32	171.31	127.47	99.35
Free Cash Flow Per Share	2.54	2.38	2.20	2.02	1.51	1.22
Gross Margin	76.04%	75.86%	76.68%	76.03%	74.21%	73.69%
Operating Margin	25.30%	24.93%	26.84%	24.36%	20.48%	16.04%
Profit Margin	20.63%	20.23%	21.04%	20.32%	14.94%	11.36%
Free Cash Flow Margin	36.83%	35.28%	38.34%	40.34%	36.56%	30.50%
Effective Tax Rate	24.02%	23.32%	23.55%	15.91%	25.96%	22.98%
EBITDA	227.26	218.49	200.3	167.96	133.22	113.97
EBITDA Margin	38.67%	38.14%	41.21%	39.55%	38.21%	34.98%
Depreciation & Amortization	66.42	65.98	65.4	64.23	61.66	61.52
EBIT	160.84	152.52	134.9	103.73	71.56	52.45
EBIT Margin	27.37%	26.62%	27.76%	24.43%	20.52%	16.10%

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).