Descartes Historical Income Statement

DSGX Stock  USD 115.73  1.05  0.92%   
Historical analysis of Descartes Systems income statement accounts such as Total Revenue of 601.6 M or Gross Profit of 456.4 M can show how well Descartes Systems Group performed in making a profits. Evaluating Descartes Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Descartes Systems's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Descartes Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Descartes Systems is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About Descartes Income Statement Analysis

Descartes Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Descartes Systems shareholders. The income statement also shows Descartes investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Descartes Systems Income Statement Chart

At this time, Descartes Systems' Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 158.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 31.5 M in 2024.

Total Revenue

Total revenue comprises all receipts Descartes Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Descartes Systems Group minus its cost of goods sold. It is profit before Descartes Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Descartes Systems. It is also known as Descartes Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from Descartes Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Descartes Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Descartes Systems' Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 158.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 31.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit322.9M372.7M434.6M456.4M
Total Revenue424.7M486.0M572.9M601.6M

Descartes Systems income statement Correlations

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Descartes Systems Account Relationship Matchups

Descartes Systems income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization61.5M64.6M63.3M64.3M66.0M69.3M
Interest Expense4.4M1.2M1.1M1.2M1.4M1.4M
Total Revenue325.8M348.7M424.7M486.0M572.9M601.6M
Gross Profit240.1M258.8M322.9M372.7M434.6M456.4M
Other Operating Expenses269.7M274.9M314.8M350.1M430.1M451.6M
Operating Income52.3M71.4M103.4M130.4M142.8M150.0M
Ebit56.1M70.8M102.2M132.6M153.4M161.1M
Research Development53.5M54.1M62.6M70.4M84.4M88.7M
Ebitda117.6M135.4M165.5M196.8M219.4M230.3M
Cost Of Revenue85.7M89.9M101.8M113.3M138.3M145.2M
Total Operating Expenses184.0M185.0M213.0M236.8M291.8M306.4M
Income Before Tax48.0M70.4M102.6M133.7M151.2M158.7M
Total Other Income Expense Net(3.6M)(1.0M)(824K)3.3M8.3M8.7M
Net Income37.0M52.1M86.3M102.2M115.9M121.7M
Income Tax Expense11.0M18.3M16.3M31.5M35.2M37.0M
Selling General Administrative34.6M36.3M44.5M49.7M57.4M31.5M
Selling And Marketing Expenses40.4M38.8M46.9M56.6M68.2M71.6M
Net Income Applicable To Common Shares37.0M52.1M86.3M102.2M117.6M123.4M
Net Income From Continuing Ops37.0M52.1M86.3M102.2M115.9M121.7M
Tax Provision11.0M18.3M16.3M31.5M35.2M37.0M
Net Interest Income(4.4M)(1.2M)(1.1M)(1.2M)(1.4M)(1.4M)
Reconciled Depreciation61.5M61.7M64.2M65.4M66.0M63.0M

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Additional Tools for Descartes Stock Analysis

When running Descartes Systems' price analysis, check to measure Descartes Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Descartes Systems is operating at the current time. Most of Descartes Systems' value examination focuses on studying past and present price action to predict the probability of Descartes Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Descartes Systems' price. Additionally, you may evaluate how the addition of Descartes Systems to your portfolios can decrease your overall portfolio volatility.