ExlService Holdings, Inc. (EXLS)

ExlService Holdings 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	1,903	1,838	1,631	1,412	1,122	958.43
Revenue Growth (YoY)	14.18%	12.74%	15.48%	25.82%	17.10%	-3.32%
Cost of Revenue	1,182	1,147	1,023	896.6	690.93	623.94
Gross Profit	721.24	691.01	607.77	515.45	431.36	334.5
Selling, General & Admin	384.15	371.89	318.95	267.96	227.19	174.74
Operating Expenses	440.58	427.11	369.44	324.24	276.32	225.2
Operating Income	280.67	263.91	238.33	191.21	155.04	109.3
Interest Expense	-20.11	-19.26	-13.18	-8.25	-7.56	-11.19
Interest & Investment Income	10.26	9.92	8.03	5.23	2.73	2.5
Earnings From Equity Investments	-0.2	-0.11	0.15	0.43	0.05	-0.23
Currency Exchange Gain (Loss)	1.72	0.89	1.53	6.2	4.31	4.43
Other Non Operating Income (Expenses)	-0.17	-0.37	0.12	-0.94	-0	0.67
EBT Excluding Unusual Items	272.18	254.98	234.98	193.88	154.56	105.49
Gain (Loss) on Sale of Investments	6.59	5.66	5.01	4.91	4.89	9.62
Other Unusual Items	-	0.59	-1.9	-8.25	-12.85	-
Pretax Income	278.77	261.23	238.09	190.53	146.61	115.1
Income Tax Expense	62.68	62.94	53.54	47.57	31.85	25.63
Net Income	216.1	198.3	184.56	142.97	114.76	89.48
Net Income to Common	216.1	198.3	184.56	142.97	114.76	89.48
Net Income Growth	18.74%	7.44%	29.09%	24.58%	28.26%	32.25%
Shares Outstanding (Basic)	162	163	166	167	168	171
Shares Outstanding (Diluted)	164	164	168	169	171	173
Shares Change (YoY)	-2.18%	-2.28%	-0.60%	-1.20%	-0.90%	-0.51%
EPS (Basic)	1.33	1.22	1.11	0.86	0.68	0.52
EPS (Diluted)	1.32	1.21	1.10	0.85	0.67	0.52
EPS Growth	21.21%	10.00%	29.41%	26.87%	29.34%	32.82%
Free Cash Flow	245.71	222.26	158.4	121.31	147.14	160.75
Free Cash Flow Per Share	1.50	1.35	0.94	0.72	0.86	0.93
Gross Margin	37.90%	37.59%	37.27%	36.50%	38.44%	34.90%
Operating Margin	14.75%	14.36%	14.62%	13.54%	13.81%	11.40%
Profit Margin	11.36%	10.79%	11.32%	10.13%	10.22%	9.34%
Free Cash Flow Margin	12.91%	12.09%	9.71%	8.59%	13.11%	16.77%
EBITDA	324.02	306.28	279.33	241.35	199.92	154.87
EBITDA Margin	17.03%	16.66%	17.13%	17.09%	17.81%	16.16%
D&A For EBITDA	43.36	42.37	41	50.14	44.88	45.57
EBIT	280.67	263.91	238.33	191.21	155.04	109.3
EBIT Margin	14.75%	14.36%	14.62%	13.54%	13.81%	11.40%
Effective Tax Rate	22.48%	24.09%	22.48%	24.96%	21.73%	22.26%

Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q