Certara, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenues $208.5m $243.5m $286.1m $335.6m $354.3m $385.1m $418.8m
Cost of revenues $79.8m $100.8m $111.6m $132.6m $141.0m $154.5m $161.1m
Research and development $11.6m $19.6m $20.4m $28.2m $34.2m $37.1m $41.0m
Total operating expenses $109.1m $167.2m $160.9m $170.5m $254.1m $232.4m $236.7m
Sales and marketing $10.7m $19.2m $20.1m $27.4m $32.0m $47.4m $53.7m
General and administrative $47.9m $88.5m $79.5m $71.8m $95.4m $94.2m $85.4m
Depreciation and amortization $2.1m $1.7m $1.6m $2.0m $56.6m
Income (loss) from operations $19.6m ($24.4m) $13.6m $32.5m ($40.8m) ($1.7m) $21.0m
Net other income ($28.8m) ($25.8m) ($17.0m) ($13.8m) ($14.4m) ($15.5m) $6.3m
Income (loss) before income taxes ($9.2m) ($50.2m) ($3.4m) $18.8m ($55.1m) ($17.2m) $7.6m
Provision (benefit) for income taxes ($225k) ($784k) $9.9m $4.0m $214k ($5.1m) $9.2m
Net loss ($8.9m) ($49.4m) ($13.3m) $14.7m ($55.4m) ($12.1m) ($1.6m)
Foreign currency translation adjustment, net of tax of $6, $(956), $(717) $433k $5.0m ($5.2m) ($10.5m) $2.7m ($3.2m) $18.9m
Change in fair value of interest rate swap, net of tax of $253, $$(827), $1,393 $6.2m ($2.1m) ($2.6m) ($3.4m)
Comprehensive income (loss) ($12.8m) ($45.5m) ($15.6m) $10.4m ($54.7m) ($17.9m) $13.9m
Total other comprehensive income (loss) ($3.9m) $3.9m ($2.3m) ($4.3m) $637k ($5.8m) $15.5m
Basic (in dollars per share) ($0.07) ($0.37) ($0.09) $0.09 ($0.35) ($0.08) ($0.01)
Diluted (in dollars per share) ($0.07) ($0.37) ($0.09) $0.09 ($0.35) ($0.08) ($0.01)
Goodwill impairment expense $0 $0 $47.0m $0 $0
Interest expense ($28.0m) ($25.3m) ($16.8m) ($17.8m) ($22.9m) ($21.5m) ($19.7m)
Total other expenses ($14.4m) ($15.5m) ($13.4m)