← Certara, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($8.9m) | ($49.4m) | ($13.3m) | $14.7m | ($55.4m) | ($12.1m) | ($1.6m) | — | |
| Depreciation and amortization | $2.6m | $2.4m | $2.1m | $1.7m | $1.6m | $2.0m | $75.2m | $76.2m | |
| Amortization of debt issuance costs | $1.5m | $1.5m | $1.5m | $1.5m | $1.5m | $1.0m | $568k | — | |
| Goodwill impairment | — | — | $0 | $0 | $47.0m | $0 | $0 | $0 | |
| Accounts receivable | ($1.5m) | ($3.9m) | ($10.1m) | ($15.0m) | $152k | ($16.2m) | $428k | $3.1m | |
| Accounts payable and accrued expenses, and other liabilities | $10.0m | $2.4m | $1.1m | $5.3m | ($5.6m) | ($4.8m) | $4.4m | — | |
| Deferred revenue | $2.1m | $3.1m | $5.4m | $9.5m | $28k | $13.8m | ($3.0m) | — | |
| Prepaid and other assets | ($1.8m) | ($8.3m) | $585k | $126k | $711k | ($2.9m) | ($902k) | — | |
| Other operating activities, net | — | — | — | $169k | $1.7m | $1.8m | ($1.0m) | — | |
| Net cash provided by operating activities | $38.0m |
$44.8m
+17.84%
|
$60.4m
+34.76%
|
$92.5m
+53.25%
|
$82.8m
-10.58%
|
$80.5m
-2.77%
|
$96.3m
+19.71%
|
$88.6m
-8.04%
|
|
| Capital expenditures | ($2.1m) | ($863k) | ($1.1m) | ($1.4m) | ($1.8m) | ($1.6m) | ($1.8m) | ($28.3m) | |
| Business acquisitions, net of cash acquired | — | ($675k) | ($261.0m) | ($15.3m) | ($64.2m) | ($91.3m) | $0 | — | |
| Net cash used in investing activities | ($9.5m) | ($8.6m) | ($269.9m) | ($27.8m) | ($79.5m) | ($112.4m) | ($26.6m) | ($28.3m) | |
| Proceeds from borrowings on term loan debt | — | — | — | $0 | $0 | $6.3m | $0 | — | |
| Payment of debt issuance costs | — | — | ($2.9m) | $0 | $0 | ($1.2m) | $0 | — | |
| Payments on long-term debt obligations | — | — | — | ($3.3m) | ($3.0m) | ($2.3m) | ($3.0m) | — | |
| Common stock repurchase program | ($703k) | ($1.1m) | — | — | $0 | $0 | ($42.6m) | — | |
| Net cash used in financing activities | ($8.5m) |
$208.2m
+2552.75%
|
$123.4m
-40.74%
|
($7.4m)
-105.97%
|
($9.4m)
-28.30%
|
($21.0m)
-122.40%
|
($64.0m)
-204.55%
|
($101.6m)
-58.83%
|
|
| Net increase (decrease) in cash, cash equivalents | $17.6m | $243.5m | ($86.7m) | $53.1m | ($4.7m) | ($55.8m) | $10.2m | — | |
| Cash and cash equivalents at beginning of year | $29.8m | $273.3m | $186.6m | $239.7m | $235.0m | $179.2m | $189.4m | $162.3m | |
| Effect of foreign exchange rate changes on cash and cash equivalents | ($2.4m) | ($883k) | ($524k) | ($4.3m) | $1.5m | ($2.9m) | $4.4m | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Provision for credit losses | $10k | ($53k) | $130k | $1.1m | $684k | $1.5m | $1.1m | — | |
| Equity-based compensation expense | $1.7m | $64.5m | $29.5m | $30.3m | $28.3m | $34.8m | $33.1m | — | |
| Change in fair value of contingent considerations | — | — | $0 | $0 | $24.1m | $8.1m | ($3.6m) | — | |
| Total deferred | ($6.7m) | ($7.8m) | ($1.2m) | ($11.5m) | ($16.5m) | ($12.7m) | ($8.3m) | — | |
| Capitalized software development costs | ($7.4m) | ($7.1m) | ($7.8m) | ($11.1m) | ($13.5m) | ($19.4m) | ($24.8m) | — | |
| Investment in intangible assets | — | — | $0 | $0 | ($54k) | $0 | $0 | — | |
| Payments for business acquisition related contingent consideration | — | — | — | $0 | $0 | ($15.2m) | ($13.2m) | — | |
| Payment of taxes on shares and units withheld for employee taxes | — | — | ($272k) | ($3.0m) | ($6.4m) | ($8.7m) | ($5.2m) | — | |
| Cash paid for interest | $26.4m | $27.6m | $14.2m | $17.3m | $19.1m | $22.7m | $19.1m | — | |
| Cash paid for taxes | $4.1m | $12.3m | $8.6m | $10.1m | $19.3m | $14.7m | $12.2m | — | |
| Contingent liabilities established in connection with business acquisition | — | — | $0 | $19.8m | $11.3m | $0 | $0 | — | |
| Stock issuance or establish liabilities related to business acquisition contingent consideration | — | — | — | $0 | $0 | $3.7m | $5.7m | — |