← 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $23.8m |
$26.9m
+12.76%
|
$31.3m
+16.36%
|
$37.0m
+18.29%
|
$52.1m
+40.82%
|
$86.3m
+65.61%
|
$102.2m
+18.49%
|
$115.9m
+13.37%
|
$143.3m
+23.61%
|
$163.8m
+14.30%
|
— | |
| Amortization of Intangible Assets | $30.0m | $33.5m | $40.2m | $55.5m | $55.9m | $59.1m | $60.2m | $60.5m | $69.4m | $81.2m | — | |
| Depreciation | $3.6m | $4.1m | $4.5m | $6.0m | $5.8m | $5.1m | $5.2m | $5.5m | $5.6m | $5.9m | $6.0m | |
| Deferred Income Tax Expense (Benefit) | $3.6m | $1.3m | $2.2m | $5.7m | $14.5m | $1.5m | $3.2m | ($6.0m) | ($5.0m) | $11.1m | $11.9m | |
| Share-based Payment Arrangement, Noncash Expense | $2.0m | $2.8m | $3.7m | $4.9m | $6.3m | $11.0m | $13.7m | $16.5m | $20.0m | $20.9m | $23.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | $4.9m | $6.7m | $6.5m | — | |
| Share-based Payment Arrangement, Expense | $2.0m | $2.8m | $3.7m | $4.9m | $6.3m | $11.0m | $13.7m | $16.5m | $20.0m | $20.9m | $23.5m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($2.7m) | $2.0m | $135k | ($3.7m) | ($143k) | $2.9m | ($151k) | $6.6m | ($3.3m) | $5.3m | ($13.9m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $600k | $800k | $1.2m | $600k | $1.7m | $1.0m | $1.1m | $924k | $1.7m | $4.1m | ($13.9m) | |
| Increase (Decrease) in Inventories | ($2k) | ($52k) | ($74k) | $345k | ($99k) | $498k | ($103k) | — | — | — | ($241k) | |
| Increase (Decrease) in Accounts Payable | ($317k) | $1.4m | ($1.1m) | $1.8m | ($686k) | $2.3m | ($620k) | $6.2m | $1.9m | ($1.1m) | ($4.6m) | |
| Purchases of property and equipment, accrued but unpaid | $4.9m | $5.1m | $5.2m | $4.9m | $3.8m | $4.8m | $6.1m | $5.6m | $6.7m | $5.7m | ($6.4m) | |
| Net Cash Provided by (Used in) Operating Activities | $72.6m |
$72.1m
-0.61%
|
$78.1m
+8.22%
|
$104.3m
+33.53%
|
$131.2m
+25.88%
|
$176.1m
+34.22%
|
$192.4m
+9.23%
|
$207.7m
+7.94%
|
$219.3m
+5.58%
|
$266.2m
+21.42%
|
$287.8m
+8.09%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4.9m | $5.1m | $5.2m | $4.9m | $3.8m | $4.8m | $6.1m | $5.6m | $6.7m | $5.7m | ($6.4m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $71.3m | $111.9m | $67.9m | $292.1m | $48.4m | $90.3m | $115.6m | $142.7m | $290.2m | — | ($69.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($70.4m) | ($117.0m) | ($73.2m) | ($297.0m) | ($52.2m) | ($95.1m) | ($121.6m) | ($148.3m) | ($296.9m) | ($157.3m) | ($75.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | — | $892k | — | |
| Proceeds from Issuance of Common Stock | $145k | $1.0m | $345k | $238.0m | $6.2m | $2.7m | $1.7m | $9.3m | $12.4m | $14.1m | $14.1m | |
| Net Cash Provided by (Used in) Financing Activities | ($211k) |
$38.0m
+18110.90%
|
($11.4m)
-129.94%
|
$210.2m
+1947.31%
|
$5.6m
-97.36%
|
$1.5m
-72.72%
|
($4.6m)
-403.63%
|
($14.7m)
-220.25%
|
($3.6m)
+75.37%
|
$5.0m
+238.18%
|
($13.8m)
-375.66%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($1.1m) | $3.8m | ($1.4m) | ($363k) | $89.3m | $79.8m | $62.9m | $44.6m | ($84.8m) | $120.4m | $374.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $600k | $1.0m | $500k | $1.5m | $6.2m | $2.7m | $1.7m | $9.3m | $12.4m | $14.1m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $680k | $1.7m | $3.5m | $89k | — | — | — | — | — | — | |
| Income Taxes Paid, Net | $3.9m | $3.9m | $7.9m | $8.9m | $8.2m | $12.6m | $23.8m | $44.9m | $53.4m | $57.2m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | $100k | ($400k) | ($400k) | $600k | $800k | $300k | $1.2m | $1.0m | $500k | $1.8m | — | |
| General and Administrative Expense | $23.1m | $25.4m | $30.0m | $34.6m | $36.3m | $44.5m | $49.7m | $57.4m | $65.2m | $72.5m | — | |
| Goodwill | $263.1m | $350.1m | $378.2m | $523.7m | $565.2m | $608.8m | $675.6m | $760.4m | $924.8m | $1.0b | — | |
| Income Tax Expense (Benefit) | $7.7m | $7.9m | $8.2m | $11.0m | $18.3m | $16.3m | $31.5m | $35.2m | $48.4m | $53.3m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $967k | — | |
| Operating Expenses | $117.0m | $137.9m | $158.7m | $187.8m | $187.4m | $219.4m | $242.3m | $291.8m | $311.3m | $351.9m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $275.2m | $325.8m | $348.7m | $424.7m | $486.0m | $572.9m | $651.0m | $729.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.