DESCARTES SYSTEMS GROUP INC

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total Revenue $203.8m $237.4m $275.2m $325.8m $348.7m $424.7m $486.0m $572.9m $651.0m $729.0m
Revenue from Contract with Customer, Including Assessed Tax $203.8m $237.4m $275.2m $325.8m $348.7m $424.7m $486.0m $572.9m $651.0m $729.0m
Cost of Revenue $56.1m $63.7m $75.0m $85.7m $89.9m $101.8m $113.3m $138.3m $158.6m $167.1m
Gross Profit $147.7m $173.7m $200.2m $240.1m $258.8m $322.9m $372.7m $434.6m $492.4m $561.9m
Operating Expenses $117.0m $137.9m $158.7m $187.8m $187.4m $219.4m $242.3m $291.8m $311.3m $351.9m
Operating Income (Loss) $30.7m $35.9m $41.4m $52.3m $71.4m $103.4m $130.4m $142.8m $181.1m $210.0m
Additional Financial Items
Amortization of Intangible Assets $30.0m $33.5m $40.2m $55.5m $55.9m $59.1m $60.2m $60.5m $69.4m $81.2m
Foreign Currency Transaction Gain (Loss), before Tax $100k ($400k) ($400k) $600k $800k $300k $1.2m $1.0m $500k $1.8m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $102.6m $133.7m $151.2m $191.6m $217.1m
Investment Income, Net $1.4m $161k $195k $193k $159k $299k
Net Income (Loss) Attributable to Parent $23.8m $26.9m $31.3m $37.0m $52.1m $86.3m $102.2m $115.9m $143.3m $163.8m
Earnings Per Share, Basic $0.31 $0.35 $0.41 $0.45 $0.62 $1.02 $1.21 $1.36 $1.68 $1.91
Earnings Per Share, Diluted $0.31 $0.35 $0.40 $0.45 $0.61 $1.00 $1.18 $1.34 $1.64 $1.87
Weighted Average Number of Shares Outstanding, Basic 76k 76.3m 76.8m 81.7m 84.4m 84.6m 84.8m 85.1m 85.4m 85.9m
Weighted Average Number of Shares Outstanding, Diluted 77k 77.1m 77.8m 82.9m 85.8m 86.2m 86.5m 86.8m 87.3m 87.6m
Research and Development Expense $35.6m $41.8m $47.9m $53.5m $54.1m $62.6m $70.4m $84.1m $95.5m $105.3m
Selling and Marketing Expense $24.9m $33.1m $36.9m $40.4m $38.8m $46.9m $56.6m $68.2m $73.7m $82.6m
General and Administrative Expense $23.1m $25.4m $30.0m $34.6m $36.3m $44.5m $49.7m $57.4m $65.2m $72.5m
Interest Expense (non-operating) $967k
Business Combination, Acquisition Related Costs $3.0m $3.5m $3.8m $2.0m $1.9m $2.6m $3.7m $5.8m $5.6m
Current Income Tax Expense (Benefit) $4.0m $6.6m $6.0m $5.3m $3.7m $14.8m $28.2m $41.2m $53.4m $42.3m
Interest Expense $611k $1.3m $2.1m $4.4m $1.2m $1.1m $1.2m $1.4m $1.0m
Other Cost and Expense, Operating $5.4m $21.6m $7.5m $10.4m
Income Tax Expense (Benefit) $7.7m $7.9m $8.2m $11.0m $18.3m $16.3m $31.5m $35.2m $48.4m $53.3m