Financial Snapshot

Revenue
$200.2M
TTM
Gross Margin
80.93%
TTM
Net Earnings
$17.14M
TTM
Current Assets
$141.5M
Q2 2024
Current Liabilities
$127.1M
Q2 2024
Current Ratio
111.33%
Q2 2024
Total Assets
$173.7M
Q2 2024
Total Liabilities
$131.2M
Q2 2024
Book Value
$42.46M
Q2 2024
Cash
$82.08M
Q2 2024
P/E
96.11
Nov 29, 2024 EST
Free Cash Flow
$27.02M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $180.8M $142.9M $104.2M $62.92M $41.44M $27.07M $17.13M $9.850M
YoY Change 26.54% 37.1% 65.67% 51.83% 53.08% 58.03% 73.91%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $180.8M $142.9M $104.2M $62.92M $41.44M $27.07M $17.13M $9.850M
Cost Of Revenue $34.50M $28.18M $20.79M $11.54M $8.260M $5.650M $4.350M $2.630M
Gross Profit $146.3M $114.7M $83.46M $51.38M $33.18M $21.42M $12.77M $7.220M
Gross Profit Margin 80.92% 80.28% 80.06% 81.66% 80.07% 79.13% 74.55% 73.3%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $107.0M $94.55M $74.05M $42.64M $32.80M $22.82M $15.26M $8.110M
YoY Change 13.21% 27.68% 73.66% 30.0% 43.73% 49.54% 88.16%
% of Gross Profit 73.14% 82.41% 88.73% 82.99% 98.85% 106.54% 119.5% 112.33%
Research & Development $35.48M $24.78M $20.36M $13.00M $8.580M $6.610M $3.910M $2.010M
YoY Change 43.19% 21.68% 56.64% 51.52% 29.8% 69.05% 94.53%
% of Gross Profit 24.24% 21.6% 24.4% 25.3% 25.86% 30.86% 30.62% 27.84%
Depreciation & Amortization $3.141M $2.333M $2.019M $1.230M $690.0K $170.0K $180.0K $60.00K
YoY Change 34.63% 15.55% 64.15% 78.26% 305.88% -5.56% 200.0%
% of Gross Profit 2.15% 2.03% 2.42% 2.39% 2.08% 0.79% 1.41% 0.83%
Operating Expenses $145.7M $121.7M $96.43M $56.86M $42.07M $29.61M $19.35M $10.18M
YoY Change 19.73% 26.16% 69.6% 35.16% 42.08% 53.02% 90.08%
Operating Profit $680.0K -$6.927M -$12.98M -$5.480M -$8.890M -$8.190M -$6.580M -$2.960M
YoY Change -109.82% -46.62% 136.79% -38.36% 8.55% 24.47% 122.3%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $3.278M $14.65M -$530.0K -$1.900M -$1.670M -$1.440M -$470.0K $60.00K
YoY Change -77.62% -2863.77% -72.11% 13.77% 15.97% 206.38% -883.33%
% of Operating Profit 482.06%
Other Income/Expense, Net $888.0K $61.00K $77.00K $60.00K -$740.0K -$2.030M -$1.130M $0.00
YoY Change 1355.74% -20.78% 28.33% -108.11% -63.55% 79.65%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income $4.846M $7.782M -$13.43M -$7.320M -$11.31M -$11.65M -$8.240M -$2.900M
YoY Change -37.73% -157.95% 83.46% -35.28% -2.92% 41.38% 184.14%
Income Tax $2.006M $764.0K $172.0K $340.0K $610.0K $0.00 $0.00 $0.00
% Of Pretax Income 41.39% 9.82%
Net Earnings $2.840M $7.018M -$13.60M -$7.650M -$11.91M -$11.27M -$7.310M -$2.750M
YoY Change -59.53% -151.6% 77.79% -35.77% 5.68% 54.17% 165.82%
Net Earnings / Revenue 1.57% 4.91% -13.05% -12.16% -28.74% -41.63% -42.67% -27.92%
Basic Earnings Per Share
Diluted Earnings Per Share $0.08 $0.21 -$413.8K -$264.4K -$488.9K -$396.1K -$256.9K -$96.66K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $71.95M $216.3M $215.3M $219.7M $46.30M $3.800M $3.400M
YoY Change -66.73% 0.45% -1.99% 374.51% 1118.42% 11.76%
Cash & Equivalents $71.95M $216.3M $215.3M $219.7M $46.30M $3.800M $3.400M
Short-Term Investments
Other Short-Term Assets $5.987M $9.156M $8.382M $4.200M $2.500M $1.700M $600.0K
YoY Change -34.61% 9.23% 99.57% 68.0% 47.06% 183.33%
Inventory
Prepaid Expenses
Receivables $46.24M $30.79M $21.99M $12.70M $8.800M $5.700M $3.400M
Other Receivables $2.981M $7.346M $5.799M $3.100M $1.400M $400.0K $1.000M
Total Short-Term Assets $127.2M $263.6M $251.5M $239.7M $58.90M $11.60M $8.400M
YoY Change -51.76% 4.81% 4.92% 306.96% 407.76% 38.1%
Property, Plant & Equipment $3.450M $4.662M $5.704M $5.100M $3.900M $1.300M $1.100M
YoY Change -26.0% -18.27% 11.84% 30.77% 200.0% 18.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $325.0K $8.049M $3.849M $1.500M $700.0K $400.0K $0.00
YoY Change -95.96% 109.12% 156.6% 114.29% 75.0%
Total Long-Term Assets $31.22M $20.08M $16.63M $14.90M $5.000M $1.700M $1.100M
YoY Change 55.46% 20.74% 11.64% 198.0% 194.12% 54.55%
Total Assets $158.4M $283.7M $268.1M $254.6M $63.90M $13.30M $9.500M
YoY Change
Accounts Payable $31.66M $26.03M $22.82M $16.10M $9.600M $6.800M $3.800M
YoY Change 21.66% 14.06% 41.72% 67.71% 41.18% 78.95%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.470M $1.374M $1.311M $1.300M $1.000M $5.400M $0.00
YoY Change 6.99% 4.81% 0.85% 30.0% -81.48%
Total Short-Term Liabilities $100.7M $84.36M $69.17M $45.70M $28.50M $24.90M $11.50M
YoY Change 19.31% 21.96% 51.36% 60.35% 14.46% 116.52%
Long-Term Debt $639.0K $1.692M $2.690M $2.500M $2.500M $4.000M $3.300M
YoY Change -62.23% -37.1% 7.6% 0.0% -37.5% 21.21%
Other Long-Term Liabilities $4.947M $4.128M $4.912M $5.000M $1.400M $1.200M $900.0K
YoY Change 19.84% -15.96% -1.76% 257.14% 16.67% 33.33%
Total Long-Term Liabilities $5.586M $5.820M $7.602M $7.500M $3.900M $5.200M $4.200M
YoY Change -4.02% -23.44% 1.36% 92.31% -25.0% 23.81%
Total Liabilities $107.7M $91.46M $77.47M $53.90M $32.50M $30.10M $14.60M
YoY Change 17.71% 18.06% 43.72% 65.85% 7.97% 106.16%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.647 Billion

About Docebo Inc.

Docebo, Inc. develops a cloud-based learning management platform. The company is headquartered in Toronto, Ontario and currently employs 900 full-time employees. The company went IPO on 2019-10-08. The firm is engaged in redefining the way enterprises leverage technology to create and manage content, deliver training, and understand the business impact of their learning experiences. The company provides an easy-to-use and configurable learning platform with the end-to-end capabilities and critical functionality needed to train internal and external workforces, partners and customers. The company offers a learning suite that includes Learn Learning Management Systems (LMS), Shape, Content, Learning Impact, Learning Data, Connect and Flow. Its Learn LMS is a cloud-based learning platform that allows learning administrators to deliver scalable and flexible personalized learning experiences. The firm is also focused on generative AI-based learning technology that uses advanced large language models (LLM) and algorithms to optimize learning paths and adapt to individual learners needs.

Industry: Services-Prepackaged Software Peers: D-Wave Quantum Inc.