Similar companies
Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 55M | 4.5% |
| Gross Profit | 45M | 5.1% |
| Cost of Revenue | 10M | 2% |
| Operating expense | 40M | 4.3% |
| Net Income | 5M | 5.6% |
| EBITDA | 6.3M | 3.3% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 174M | 0.3% |
| Total Liabilities | 129M | 1.6% |
| Total Equity | 45M | 6.1% |
| Shares Outstanding | 31M | 0.4% |
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 4.3M | 35.9% |
| Cash from financing | -4.6M | 4.8% |
EPS
Financial Highlights for Docebo in Q3 '24
Docebo reported a revenue of 55M, which is a 4.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 45M, marking a 5.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 10M, a 2% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 40M, showing a 4.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 5M, showing a 5.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 6.3M, showing a 3.3% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Docebo with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
