ExlService Holdings, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $686.0m $762.3m $883.1m $991.3m $958.4m $1.1b $1.4b $1.6b $1.8b $2.1b
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $533.1m $587.5m $717.1m $655.5m $623.9m $690.9m $896.6m $1.0b $1.1b $1.3b
Gross Profit $238.0m $266.7m $298.3m $335.9m $334.5m $431.4m $515.4m $607.8m $691.0m $801.1m
Operating Expenses $173.8m $194.5m $248.4m $259.4m $224.5m $275.5m $323.3m $369.0m $427.4m $487.3m
Operating Income (Loss) $64.2m $72.2m $49.8m $76.5m $110.0m $155.9m $192.2m $238.8m $263.6m $313.8m
Additional Financial Items
Amortization of Intangible Assets $11.9m $14.0m $20.4m $21.6m $14.4m $12.8m $17.1m $14.7m $13.6m $13.1m
Capitalized Computer Software, Amortization $336k $1.4m $2.7m $4.9m $4.3m $6.0m $9.3m $12.8m $13.4m
Foreign Currency Transaction Gain (Loss), before Tax $5.6m $2.8m $4.8m $3.8m $4.4m $4.3m $6.2m $1.5m $891k $2.9m
Gain (Loss) on Investments $8.8m $10.0m $13.0m $9.5m $4.9m $4.9m $5.0m $5.7m $8.3m
Goodwill, Impairment Loss $14.2m $0 $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $12.7m $4.6m ($24.4m) ($16.7m) $30.9m $43.8m $80.9m $100.9m $72.3m $71.0m
Income (Loss) from Equity Method Investments ($247k) ($269k) ($227k) $47k $434k $153k ($114k) ($305k)
Reclassification from AOCI, Current Period, before Tax, Attributable to Parent ($4.9m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $83.9m $85.0m $60.4m $83.1m $115.3m $146.6m $190.1m $237.9m $261.3m $315.1m
Net Income (Loss) Attributable to Parent $61.7m $48.9m $56.7m $67.7m $89.5m $114.8m $143.0m $184.6m $198.3m $251.0m
Earnings Per Share, Basic $1.84 $1.44 $1.65 $1.97 $2.61 $3.42 $4.29 $1.11 $1.22 $1.56
Earnings Per Share, Diluted $1.79 $1.39 $1.62 $1.95 $2.59 $3.35 $4.23 $1.10 $1.21 $1.54
Weighted Average Number of Shares Outstanding, Basic 33.6m 33.9m 34.5m 34.4m 34.3m 33.5m 33.3m 166.3m 162.7m 161.0m
Weighted Average Number of Shares Outstanding, Diluted 34.6m 35.1m 35.0m 34.7m 34.6m 34.2m 33.8m 168.2m 164.3m 162.5m
Other Nonoperating Income (Expense) $15.4m $11.9m $13.0m $16.5m $12.1m $6.8m ($10k) $10.8m $16.1m $16.1m
Interest Expense (non-operating) $19.3m $17.6m
Business Combination, Acquisition Related Costs $1.3m
Current Income Tax Expense (Benefit) $25.5m $35.4m $4.0m $27.5m $22.9m $52.2m $67.1m $85.3m $82.8m $78.8m
General and Administrative Expense $88.6m $102.6m $116.2m $126.9m $113.9m $142.0m $169.0m $198.3m $225.7m $255.3m
Interest Expense $1.3m $1.9m $7.2m $13.6m $11.2m $7.6m $8.3m $13.2m $19.3m $17.6m
Nonoperating Income (Expense) $19.7m $12.8m $10.5m $6.6m $5.3m ($9.3m) ($2.1m) ($814k) ($2.3m) $1.3m
Operating Lease, Expense $26.3m $21.8m
Other Cost of Operating Revenue $73.0m $60.1m
Restructuring and Related Cost, Incurred Cost $5.0m
Selling and Marketing Expense $50.6m $53.4m $63.6m $71.8m $60.1m $84.3m $98.0m $120.2m $146.5m $172.9m
Income Tax Expense (Benefit) $22.2m $36.1m $3.4m $15.2m $25.6m $31.9m $47.6m $53.5m $62.9m $63.7m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.