Docebo Inc. (DCBO)

Docebo Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	222.82	216.93	180.84	142.91	104.24	62.92
Revenue Growth (YoY)	16.79%	19.96%	26.54%	37.10%	65.68%	51.82%
Cost of Revenue	43.1	41.63	34.71	28.27	20.94	11.54
Gross Profit	179.73	175.3	146.13	114.64	83.3	51.38
Selling, General & Admin	112.78	108.29	105.88	94.3	73.56	41.02
Research & Development	47.71	44.72	36.43	24.93	20.7	13.38
Operating Expenses	162.72	156.4	145.45	121.57	96.28	57.23
Operating Income	17.01	18.91	0.68	-6.93	-12.98	-5.85
Interest Expense	-0.17	-0.19	-0.3	-0.38	-0.49	-0.43
Interest & Investment Income	2.76	2.68	7.96	3.83	0.44	0.32
Currency Exchange Gain (Loss)	1.76	2.39	-4.39	11.11	-0.47	-1.78
Other Non Operating Income (Expenses)	-0.08	-0.08	-0.27	0.06	0.08	0.06
EBT Excluding Unusual Items	21.3	23.71	3.69	7.7	-13.43	-7.68
Other Unusual Items	-	-	1.16	0.09	-	-
Pretax Income	21.3	23.71	4.85	7.78	-13.43	-7.68
Income Tax Expense	-1.74	-3.02	2.01	0.76	0.17	0.34
Earnings From Continuing Operations	23.04	26.74	2.84	7.02	-13.6	-8.02
Net Income	23.04	26.74	2.84	7.02	-13.6	-8.02
Net Income to Common	23.04	26.74	2.84	7.02	-13.6	-8.02
Net Income Growth	240.64%	841.41%	-59.53%	-	-	-
Shares Outstanding (Basic)	23	30	33	33	33	29
Shares Outstanding (Diluted)	31	31	34	34	33	29
Shares Change (YoY)	-5.90%	-7.99%	-1.07%	3.57%	13.59%	18.76%
EPS (Basic)	0.98	0.88	0.09	0.21	-0.41	-0.28
EPS (Diluted)	0.74	0.86	0.08	0.21	-0.41	-0.28
EPS Growth	268.72%	975.00%	-61.91%	-	-	-
Free Cash Flow	27.43	28	15.33	1.21	-4.4	3.71
Free Cash Flow Per Share	0.89	0.90	0.46	0.04	-0.13	0.13
Gross Margin	80.66%	80.81%	80.81%	80.22%	79.91%	81.66%
Operating Margin	7.63%	8.72%	0.38%	-4.85%	-12.45%	-9.30%
Profit Margin	10.34%	12.32%	1.57%	4.91%	-13.05%	-12.74%
Free Cash Flow Margin	12.31%	12.91%	8.48%	0.84%	-4.22%	5.90%
EBITDA	17.98	20.37	2.09	-5.6	-11.93	-5.39
EBITDA Margin	8.07%	9.39%	1.16%	-3.92%	-11.44%	-8.56%
D&A For EBITDA	0.97	1.46	1.41	1.33	1.05	0.47
EBIT	17.01	18.91	0.68	-6.93	-12.98	-5.85
EBIT Margin	7.63%	8.72%	0.38%	-4.85%	-12.45%	-9.30%
Effective Tax Rate	-	-	41.39%	9.82%	-	-

Updated May 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q