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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	230.5	216.93	180.84	142.91	104.24	62.92
Revenue Growth (YoY)	15.11%	19.96%	26.54%	37.10%	65.68%	51.82%
Cost of Revenue	44.44	41.63	34.71	28.27	20.94	11.54
Gross Profit	186.06	175.3	146.13	114.64	83.3	51.38
Selling, General & Admin	115	108.29	105.88	94.3	73.56	41.02
Research & Development	49.73	44.72	36.43	24.93	20.7	13.38
Operating Expenses	168.11	156.4	145.45	121.57	96.28	57.23
Operating Income	17.96	18.91	0.68	-6.93	-12.98	-5.85
Interest Expense	-0.14	-0.19	-0.3	-0.38	-0.49	-0.43
Interest & Investment Income	2.61	2.68	7.96	3.83	0.44	0.32
Currency Exchange Gain (Loss)	0.51	2.39	-4.39	11.11	-0.47	-1.78
Other Non Operating Income (Expenses)	-0.09	-0.08	-0.27	0.06	0.08	0.06
EBT Excluding Unusual Items	20.85	23.71	3.69	7.7	-13.43	-7.68
Other Unusual Items	-0.08	-	1.16	0.09	-	-
Pretax Income	20.77	23.71	4.85	7.78	-13.43	-7.68
Income Tax Expense	-0.65	-3.02	2.01	0.76	0.17	0.34
Earnings From Continuing Operations	21.42	26.74	2.84	7.02	-13.6	-8.02
Net Income	21.42	26.74	2.84	7.02	-13.6	-8.02
Net Income to Common	21.42	26.74	2.84	7.02	-13.6	-8.02
Net Income Growth	24.99%	841.41%	-59.53%	-	-	-
Shares Outstanding (Basic)	30	30	33	33	33	29
Shares Outstanding (Diluted)	31	31	34	34	33	29
Shares Change (YoY)	-5.81%	-7.99%	-1.07%	3.57%	13.59%	18.76%
EPS (Basic)	0.71	0.88	0.09	0.21	-0.41	-0.28
EPS (Diluted)	0.69	0.86	0.08	0.21	-0.41	-0.28
EPS Growth	33.51%	975.00%	-61.91%	-	-	-
Free Cash Flow	26.91	28	15.33	1.21	-4.4	3.71
Free Cash Flow Per Share	0.88	0.90	0.46	0.04	-0.13	0.13
Gross Margin	80.72%	80.81%	80.81%	80.22%	79.91%	81.66%
Operating Margin	7.79%	8.72%	0.38%	-4.85%	-12.45%	-9.30%
Profit Margin	9.29%	12.32%	1.57%	4.91%	-13.05%	-12.74%
Free Cash Flow Margin	11.67%	12.91%	8.48%	0.84%	-4.22%	5.90%
EBITDA	18.46	20.37	2.09	-5.6	-11.93	-5.39
EBITDA Margin	8.01%	9.39%	1.16%	-3.92%	-11.44%	-8.56%
D&A For EBITDA	0.5	1.46	1.41	1.33	1.05	0.47
EBIT	17.96	18.91	0.68	-6.93	-12.98	-5.85
EBIT Margin	7.79%	8.72%	0.38%	-4.85%	-12.45%	-9.30%
Effective Tax Rate	-	-	41.39%	9.82%	-	-

Updated Aug 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q