Constellation Software Inc., together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, the United Kingdom, and rest of Europe. Its industry specific software businesses provide specialized and mission-critical software solutions. The company serves public and private sector markets. Constellation Software Inc. was incorporated in 1995 and is headquartered in Toronto, Canada.

Constellation Software Inc.

License

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License Common Size

Professional Services

Professional Services %Chg

Professional Services Common Size

Hardware and Other

Hardware and Other %Chg

Hardware and Other Common Size

Maintenance and Other Recurring

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Total Revenue

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Cost of Revenue

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Gross Profit

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Research and Development

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Sales and Marketing

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General and Administration

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Staff

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Hardware

Hardware %Chg

Hardware Common Size

Third Party License, Maintenance and Professional Services

Third Party License, Maintenance and Professional Services %Chg

Third Party License, Maintenance and Professional Services Common Size

Occupancy

Occupancy %Chg

Occupancy Common Size

Travel

Travel %Chg

Travel Common Size

Telecommunications

Telecommunications %Chg

Telecommunications Common Size

Supplies

Supplies %Chg

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Software and Equipment

Software and Equipment %Chg

Software and Equipment Common Size

Travel, Telecommunications, Supplies, Software and Equipment

Travel, Telecommunications, Supplies, Software and Equipment %Chg

Travel, Telecommunications, Supplies, Software and Equipment Common Size

Professional Fees

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Other, Net

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Other, Net Common Size

Income Before the Undernoted

Income Before the Undernoted %Chg

Income Before the Undernoted Common Size

Appreciation in Common Shares Eligible for Redemption

Appreciation in Common Shares Eligible for Redemption %Chg

Appreciation in Common Shares Eligible for Redemption Common Size

Depreciation

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Depreciation Common Size

Total Operating Expenses

Total Operating Expenses %Chg

Total Operating Expenses Common Size

Amortization of Intangible Assets

Amortization of Intangible Assets %Chg

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Other Expenses

Other Expenses %Chg

Other Expenses Common Size

Loss on Sale of Short-Term Investments, Marketable Securities and Other Assets

Loss on Sale of Short-Term Investments, Marketable Securities and Other Assets %Chg

Loss on Sale of Short-Term Investments, Marketable Securities and Other Assets Common Size

Gain on Sale of Short-Term Investments, Marketable Securities and Other Assets

Gain on Sale of Short-Term Investments, Marketable Securities and Other Assets %Chg

Gain on Sale of Short-Term Investments, Marketable Securities and Other Assets Common Size

Interest Expense, Net

Interest Expense, Net %Chg

Interest Expense, Net Common Size

Total Expenses

Total Expenses %Chg

Total Expenses Common Size

Foreign Exchange Loss

Foreign Exchange Loss %Chg

Foreign Exchange Loss Common Size

IRGA/TSS Membership Liability Revaluation Charge

IRGA/TSS Membership Liability Revaluation Charge %Chg

IRGA/TSS Membership Liability Revaluation Charge Common Size

Equity in Net Loss of Equity Investees

Total Revenues

Total Revenues %Chg

Total Revenues Common Size

Cost of Sales

Cost of Sales %Chg

Cost of Sales Common Size

Gross Profit Margin

Gross Profit Margin %Chg

Gross Profit Margin Common Size

Selling, General & Administrative Expenses

Selling, General & Administrative Expenses %Chg

Selling, General & Administrative Expenses Common Size

Depreciation & Amortization Expenses

Depreciation & Amortization Expenses %Chg

Depreciation & Amortization Expenses Common Size

Research & Development Expenses

Research & Development Expenses %Chg

Research & Development Expenses Common Size

Other Operating Expenses

Other Operating Expenses %Chg

Other Operating Expenses Common Size

Operating Profit

Operating Profit %Chg

Operating Profit Common Size

Operating Margin

Operating Margin %Chg

Operating Margin Common Size

Interest and Investment Income

Interest and Investment Income %Chg

Interest and Investment Income Common Size

Finance Income

Finance Income %Chg

Finance Income Common Size

Finance and Other Income

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Total Revenues	11,149	10,066	8,407	6,622	5,106	3,969	3,490	3,060	2,479.4	2,125.1	1,838.3
Total Revenues %Chg	15.1%	19.7%	27%	29.7%	28.6%	13.7%	14.1%	23.4%	16.7%	15.6%	10.1%
License
Professional Services
Hardware and Other
Maintenance and Other Recurring
Cost of Sales	6,977	6,451	5,461	4,299	3,227	2,477	2,198	1,926	1,542.2	1,380.4	1,208.3
Hardware
Third Party License, Maintenance and Professional Services
Staff
Software and Equipment
Supplies
Gross Profit	4,172	3,615	2,946	2,323	1,879	1,492	1,292	1,134	937.2	744.7	630
Gross Profit Margin	37.4%	35.9%	35%	35.1%	36.8%	37.6%	37%	37.1%	37.8%	35%	34.3%
Selling, General & Administrative Expenses	837	744	600	470	305	247	285	298	244.8	163.4	138.4
Sales and Marketing
General and Administration
Occupancy
Travel
Telecommunications
Travel, Telecommunications, Supplies, Software and Equipment
Professional Fees
Depreciation & Amortization Expenses	1,333	1,226	1,021	819	639	508	423	306	253.1	213	197.5
Depreciation
Amortization of Intangible Assets
Research & Development Expenses	—	—	—	—	—	—	—	—	—	—	—
Research and Development
Other Operating Expenses	202	182	138	154	62	13	73	52	48.6	29	29
Other, Net
Other Expenses
Operating Profit	1,800	1,463	1,187	880	873	724	511	478	390.7	339.4	265.1
Operating Margin	16.1%	14.5%	14.1%	13.3%	17.1%	18.2%	14.6%	15.6%	15.8%	16%	14.4%
Interest and Investment Income	—	—	—	—	—	—	—	—	—	—	—
Finance Income
Finance and Other Income
Interest Expense	-289	-280	-192	-110	-68	-46	-42	-26	-24.8	-21.6	-20.1
Finance Costs
Interest Expense, Net
Non-Operating Income	-245	-173	-730	-47	-431	-73	-14	34	-45.1	-31.5	-0.7
Foreign Exchange Loss
IRGA/TSS Membership Liability Revaluation Charge
Equity in Net Loss of Equity Investees
Bargain Purchase Gain
Loss on Sale of Short-Term Investments, Marketable Securities and Other Assets
Gain on Sale of Short-Term Investments, Marketable Securities and Other Assets
Finance and Other Expense
Appreciation in Common Shares Eligible for Redemption
Impairment of Intangible and Other Non-Financial Assets
Redeemable Preferred Securities Expense
Total Non-Operating Income	-534	-453	-922	-157	-499	-119	-56	8	-69.9	-53	-20.8
Income Before Provision for Income Taxes	1,008	1,011	265	725	374	603	456	486	320.8	286.4	244.3
Income Before Income Taxes
Provision for Income Taxes	303	244	204	175	206	167	123	106	98.9	79.6	67.1
Consolidated Net Income	705	767	61	550	168	436	333	380	221.9	206.8	177.2
Net Income Attributable to Common Shareholders	705	767	61	550	168	436	333	380	221.9	206.8	177.2
Basic EPS	31.4	34.5	26.7	24.2	14.7	20.6	15.7	17.9	10.5	9.8	8.4
Diluted EPS	31.4	34.5	26.7	24.2	14.7	20.6	15.7	17.9	10.5	9.8	8.4
Basic Weighted Average Shares Outstanding	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2
Total Shares Outstanding	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2
Diluted Weighted Average Shares Outstanding	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2
EBITDA	3,159	2,701	2,208	1,699	1,512	1,232	934	784	643.8	552.4	462.6
Effective Tax Rate	30.1%	24.1%	77%	24.1%	55.1%	27.7%	27%	21.8%	30.8%	27.8%	27.4%