Press Release: Docebo Reports Third Quarter 2024 Results

Dow Jones

2024/11/08

The following table reconciles our cash flows from operating activities to Free Cash Flow for the periods indicated:

 
                 Three months ended September   Nine months ended September 
                             30,                            30, 
(In thousands 
of US 
dollars)           2024             2023           2024            2023 
                             $               $              $              $ 
                --------------  --------------  -------------  ------------- 
Cash flow from 
 operating 
 activities       4,335            6,215         19,522           9,488 
Purchases of 
 property and 
 equipment         (471)            (120)          (958)           (386) 
Acquisition 
 related 
 compensation 
 paid               669               --          3,307             189 
Transaction 
 related 
 expenses 
 paid                --              551            306             991 
Restructuring 
 costs paid          --            1,707             --           2,831 
                -------  -----  --------  ----  -------  ----  --------  --- 
Free cash flow    4,533            8,353         22,177          13,113 
                -------  -----  --------  ----  -------  ----  --------  --- 
Free cash flow 
 as a 
 percentage of 
 total 
 revenue            8.2%            18.0%          13.9%           10.0%

View source version on businesswire.com: https://www.businesswire.com/news/home/20241108278550/en/

 
    CONTACT:    For further information, please contact:

Mike McCarthy

Vice President - Investor Relations

(214) 830-0641

mike.mccarthy@docebo.com

(END) Dow Jones Newswires

November 08, 2024 06:00 ET (11:00 GMT)

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Docebo Reports Third Quarter 2024 Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-08 19:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     The following table reconciles our cash flows from operating activities to Free Cash Flow for the periods indicated: \n</p>\n<pre>\n \n                 Three months ended September   Nine months ended September \n                             30,                            30, \n(In thousands \nof US \ndollars)           2024             2023           2024            2023 \n                             $               $              $              $ \n                --------------  --------------  -------------  ------------- \nCash flow from \n operating \n activities       4,335            6,215         19,522           9,488 \nPurchases of \n property and \n equipment         (471)            (120)          (958)           (386) \nAcquisition \n related \n compensation \n paid               669               --          3,307             189 \nTransaction \n related \n expenses \n paid                --              551            306             991 \nRestructuring \n costs paid          --            1,707             --           2,831 \n                -------  -----  --------  ----  -------  ----  --------  --- \nFree cash flow    4,533            8,353         22,177          13,113 \n                -------  -----  --------  ----  -------  ----  --------  --- \nFree cash flow \n as a \n percentage of \n total \n revenue            8.2%            18.0%          13.9%           10.0% \n \n</pre>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20241108278550/en/ \n</p>\n<pre>\n \n    CONTACT:    For further information, please contact: \n</pre>\n<p>\n     Mike McCarthy \n</p>\n<p>\n     Vice President - Investor Relations \n</p>\n<p>\n     (214) 830-0641 \n</p>\n<p>\n     mike.mccarthy@docebo.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 08, 2024 06:00 ET (11:00 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DCBO","symbol_name":"Docebo Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481127863","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481127863","pubTimestamp":1731063600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Docebo Inc.  , a leading learning platform provider with a foundation in artificial intelligence  and innovation, announced financial results for the three and nine months ended September 30, 2024. All amounts are expressed in US dollars unless otherwise stated.\"We surpassed our Q3 targets in both revenue and profitability, showcasing our continued leadership in automating learning outcomes for our customers,\" said Alessio Artuffo, President and CEO. \"At Docebo Inspire, our largest customer event, we showcased our commitment to AI-driven innovation by unveiling cutting-edge applications and enhanced analytics. These advancements, offering a highly personalized learner experience, solidify Docebo's position as a disruptive leader in learning technology.\". -- Subscription revenue of $52.6 million, an increase of 21% from the. comparative period in the prior year, represented 95% of total revenue.-- Total revenue of $55.4 million, an increase of 19% from the comparative. period in the pri","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DCBO":"Docebo Inc.","BK4011":"建筑材料","CX":"西麦斯","BK4023":"应用软件"},"translate_title":"新闻稿：Docebo报告2024年第三季度业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DCBO":1,"CX":1},"content_text":"The following table reconciles our cash flows from operating activities to Free Cash Flow for the periods indicated: \n\n\n \n                 Three months ended September   Nine months ended September \n                             30,                            30, \n(In thousands \nof US \ndollars)           2024             2023           2024            2023 \n                             $               $              $              $ \n                --------------  --------------  -------------  ------------- \nCash flow from \n operating \n activities       4,335            6,215         19,522           9,488 \nPurchases of \n property and \n equipment         (471)            (120)          (958)           (386) \nAcquisition \n related \n compensation \n paid               669               --          3,307             189 \nTransaction \n related \n expenses \n paid                --              551            306             991 \nRestructuring \n costs paid          --            1,707             --           2,831 \n                -------  -----  --------  ----  -------  ----  --------  --- \nFree cash flow    4,533            8,353         22,177          13,113 \n                -------  -----  --------  ----  -------  ----  --------  --- \nFree cash flow \n as a \n percentage of \n total \n revenue            8.2%            18.0%          13.9%           10.0% \n \n\n\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20241108278550/en/ \n\n\n \n    CONTACT:    For further information, please contact: \n\n\n     Mike McCarthy \n\n\n     Vice President - Investor Relations \n\n\n     (214) 830-0641 \n\n\n     mike.mccarthy@docebo.com \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 08, 2024 06:00 ET (11:00 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}