Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Kinaxis.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $483.11M | $426.97M | $366.89M | $250.73M | $224.19M | $191.55M | $150.73M | $133.32M | $115.95M | $91.27M |
| Cost of Revenue | $188.53M | $168.07M | $131.10M | $86.75M | $70.13M | $53.85M | $47.03M | $39.78M | $35.78M | $25.74M |
| Gross Profit | $294.58M | $258.90M | $235.79M | $163.97M | $154.06M | $137.70M | $103.69M | $93.54M | $80.17M | $65.53M |
| Gross Profit Ratio | 60.98% | 60.64% | 64.27% | 65.40% | 68.72% | 71.89% | 68.80% | 70.16% | 69.14% | 71.79% |
| Research and Development Expenses | $87.65M | $81.71M | $74.15M | $57.42M | $47.42M | $34.12M | $27.63M | $23.69M | $20.65M | $15.20M |
| General and Administrative Expenses | $93.66M | $60.37M | $54.27M | $45.55M | $33.23M | $26.85M | $20.17M | $13.86M | $11.28M | $8.26M |
| Selling and Marketing Expenses | $100.53M | $102.72M | $79.45M | $59.08M | $52.63M | $44.27M | $35.05M | $29.28M | $30.35M | $18.26M |
| Selling General and Administrative Expenses | $194.19M | $163.09M | $133.72M | $104.63M | $85.86M | $71.12M | $55.22M | $43.13M | $41.63M | $26.52M |
| Other Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $281.85M | $244.79M | $207.87M | $162.05M | $133.28M | $105.25M | $82.85M | $66.83M | $62.28M | $41.72M |
| Cost and Expenses | $470.37M | $412.87M | $338.97M | $248.81M | $203.41M | $159.10M | $129.88M | $106.61M | $98.06M | $67.46M |
| Interest Income | $- | $- | $1.24M | $264.00K | $890.00K | $3.04M | $1.81M | $1.13M | $307.00K | $128.00K |
| Interest Expense | $- | $- | $1.24M | $- | $- | $- | $1.81M | $1.13M | $307.00K | $128.00K |
| Depreciation and Amortization | $24.93M | $26.28M | $25.06M | $20.41M | $15.56M | $11.91M | $9.27M | $3.62M | $2.49M | $1.73M |
| EBITDA | $37.67M | $40.39M | $50.66M | $22.89M | $36.53M | $40.57M | $27.18M | $30.17M | $20.23M | $25.39M |
| EBITDA Ratio | 7.80% | 9.46% | 13.81% | 9.13% | 16.30% | 21.18% | 18.03% | 22.63% | 17.45% | 27.82% |
| Operating Income | $12.74M | $14.10M | $25.60M | $2.48M | $20.97M | $32.68M | $20.85M | $26.71M | $17.89M | $23.81M |
| Operating Income Ratio | 2.64% | 3.30% | 6.98% | 0.99% | 9.35% | 17.06% | 13.83% | 20.04% | 15.43% | 26.08% |
| Total Other Income Expenses Net | $12.41M | $5.63M | $5.89M | $-822.00K | $498.00K | $2.58M | $1.63M | $1.05M | $1.57M | $-913.00K |
| Income Before Tax | $25.15M | $19.74M | $31.49M | $1.10M | $21.47M | $35.26M | $22.48M | $27.76M | $18.00M | $22.89M |
| Income Before Tax Ratio | 5.21% | 4.62% | 8.58% | 0.44% | 9.58% | 18.41% | 14.91% | 20.82% | 15.53% | 25.08% |
| Income Tax Expense | $25.10M | $9.68M | $11.41M | $2.26M | $7.74M | $11.93M | $8.07M | $7.38M | $7.26M | $10.22M |
| Net Income | $56.00K | $10.06M | $20.08M | $-1.17M | $13.73M | $23.33M | $14.41M | $20.38M | $10.74M | $12.68M |
| Net Income Ratio | 0.01% | 2.36% | 5.47% | -0.46% | 6.12% | 12.18% | 9.56% | 15.29% | 9.27% | 13.89% |
| EPS | $0.00 | $0.35 | $0.73 | $-0.04 | $0.51 | $0.89 | $0.56 | $0.81 | $0.44 | $0.53 |
| EPS Diluted | $0.00 | $0.35 | $0.70 | $-0.04 | $0.49 | $0.87 | $0.54 | $0.77 | $0.41 | $0.50 |
| Weighted Average Shares Outstanding | 28.23M | 28.74M | 27.67M | 27.25M | 28.02M | 26.18M | 25.82M | 25.31M | 24.65M | 23.95M |
| Weighted Average Shares Outstanding Diluted | 28.81M | 29.15M | 28.61M | 27.25M | 28.14M | 26.97M | 26.82M | 26.48M | 25.98M | 25.47M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $172.19M | $174.84M | $175.35M | $203.22M | $182.96M | $182.28M | $126.14M | $158.40M | $127.91M | $99.39M |
| Short Term Investments | $126.31M | $118.12M | $50.48M | $30.17M | $30.18M | $30.32M | $55.40M | $55.14M | $- | $- |
| Cash and Short Term Investments | $298.50M | $292.96M | $225.82M | $233.39M | $213.14M | $212.60M | $181.55M | $158.40M | $127.91M | $99.39M |
| Net Receivables | $156.39M | $156.61M | $151.98M | $86.53M | $81.09M | $79.26M | $63.03M | $29.15M | $26.16M | $14.91M |
| Inventory | $- | $- | $1 | $1 | $-2.90M | $-1.36M | $- | $- | $- | $1 |
| Other Current Assets | $18.24M | $14.81M | $13.66M | $8.50M | $9.26M | $6.53M | $5.82M | $4.20M | $3.33M | $1.91M |
| Total Current Assets | $473.14M | $464.38M | $397.14M | $332.92M | $306.39M | $300.47M | $251.69M | $195.29M | $157.40M | $120.74M |
| Property Plant Equipment Net | $79.19M | $87.41M | $105.39M | $105.67M | $46.47M | $34.38M | $31.66M | $17.35M | $10.65M | $7.35M |
| Goodwill | $72.73M | $74.56M | $73.31M | $39.99M | $39.99M | $- | $- | $- | $- | $- |
| Intangible Assets | $12.87M | $23.94M | $28.27M | $10.78M | $13.02M | $1.45M | $1.04M | $255.00K | $300.00K | $350.00K |
| Goodwill and Intangible Assets | $85.60M | $98.49M | $101.58M | $50.77M | $53.01M | $1.45M | $1.04M | $255.00K | $300.00K | $350.00K |
| Long Term Investments | $- | $- | $- | $- | $- | $-1.45M | $-1.04M | $-310.00K | $-539.00K | $- |
| Tax Assets | $11.02M | $- | $1.06M | $6.00M | $2.31M | $149.00K | $49.00K | $55.00K | $239.00K | $- |
| Other Non-Current Assets | $36.39M | $41.70M | $43.09M | $24.91M | $20.23M | $15.75M | $14.36M | $55.00K | $239.00K | $-350.00K |
| Total Non-Current Assets | $212.20M | $227.60M | $251.13M | $187.35M | $122.02M | $50.27M | $46.07M | $17.41M | $10.89M | $7.35M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $685.34M | $691.98M | $648.27M | $520.27M | $428.41M | $350.74M | $297.76M | $212.69M | $168.29M | $128.10M |
| Account Payables | $15.62M | $11.72M | $10.40M | $10.58M | $5.90M | $4.29M | $1.41M | $3.31M | $2.20M | $721.00K |
| Short Term Debt | $5.59M | $5.80M | $6.99M | $2.53M | $4.55M | $2.29M | $2.57M | $- | $- | $- |
| Tax Payables | $18.85M | $1.71M | $2.68M | $6.45M | $5.00M | $3.12M | $11.08M | $2.35M | $2.46M | $504.00K |
| Deferred Revenue | $140.01M | $- | $133.47M | $99.24M | $94.28M | $83.67M | $78.50M | $67.04M | $55.46M | $40.44M |
| Other Current Liabilities | $60.44M | $163.86M | $169.93M | $126.25M | $22.13M | $13.36M | $9.14M | $5.52M | $5.83M | $5.57M |
| Total Current Liabilities | $240.51M | $183.10M | $190.01M | $145.81M | $131.86M | $106.73M | $102.69M | $78.22M | $65.95M | $47.24M |
| Long Term Debt | $43.35M | $45.98M | $49.98M | $53.23M | $12.06M | $6.82M | $6.31M | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $-6.86M | $-9.00K | $-2.73M | $-7.09M | $-4.08M | $7.75M | $13.20M | $14.19M |
| Deferred Tax Liabilities Non-Current | $5.97M | $8.06M | $6.86M | $9.00K | $2.73M | $7.09M | $4.08M | $1.94M | $1.41M | $1.00M |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $14.63M | $15.26M |
| Total Non-Current Liabilities | $49.32M | $54.05M | $56.84M | $53.24M | $14.79M | $13.91M | $10.39M | $9.69M | $14.63M | $15.26M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $289.82M | $237.15M | $246.84M | $199.05M | $146.65M | $120.64M | $113.08M | $87.91M | $80.58M | $62.49M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $285.42M | $307.33M | $244.71M | $195.41M | $173.10M | $140.96M | $124.95M | $108.25M | $97.16M | $90.81M |
| Retained Earnings | $101.86M | $101.80M | $91.74M | $71.66M | $72.83M | $59.10M | $35.77M | $-2.48M | $-22.86M | $-33.60M |
| Accumulated Other Comprehensive Income Loss | $-3.85M | $1.36M | $-156.00K | $-597.00K | $-20.00K | $-348.00K | $-319.00K | $-284.00K | $-519.00K | $-474.00K |
| Other Total Stockholders Equity | $12.08M | $44.34M | $65.13M | $54.74M | $35.85M | $30.39M | $24.28M | $19.29M | $13.92M | $8.87M |
| Total Stockholders Equity | $395.51M | $454.83M | $401.43M | $321.22M | $281.76M | $230.10M | $184.68M | $124.79M | $87.71M | $65.60M |
| Total Equity | $395.51M | $454.83M | $401.43M | $321.22M | $281.76M | $230.10M | $184.68M | $124.79M | $87.71M | $65.60M |
| Total Liabilities and Stockholders Equity | $685.34M | $691.98M | $648.27M | $520.27M | $428.41M | $350.74M | $297.76M | $212.69M | $168.29M | $128.10M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $685.34M | $691.98M | $648.27M | $520.27M | $428.41M | $350.74M | $297.76M | $212.69M | $168.29M | $128.10M |
| Total Investments | $126.31M | $118.12M | $50.48M | $30.17M | $30.18M | $30.32M | $55.40M | $55.14M | $-539.00K | $- |
| Total Debt | $48.94M | $51.79M | $56.97M | $55.76M | $16.62M | $9.11M | $8.88M | $- | $- | $- |
| Net Debt | $-123.26M | $-123.05M | $-118.38M | $-147.46M | $-166.34M | $-173.18M | $-117.26M | $-158.40M | $-127.91M | $-99.39M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $56.00K | $10.06M | $20.08M | $-1.17M | $13.73M | $23.33M | $14.41M | $20.38M | $10.74M | $12.68M |
| Depreciation and Amortization | $24.93M | $26.28M | $25.06M | $20.41M | $15.56M | $11.91M | $9.27M | $3.62M | $2.49M | $1.73M |
| Deferred Income Tax | $33.46M | $8.90M | $7.43M | $735.00K | $5.65M | $11.93M | $8.98M | $7.22M | $8.59M | $11.22M |
| Stock Based Compensation | $39.58M | $34.51M | $26.24M | $24.34M | $17.22M | $13.37M | $11.57M | $9.75M | $8.14M | $4.45M |
| Change in Working Capital | $900.00K | $5.37M | $-49.12M | $5.52M | $10.49M | $-9.16M | $-13.21M | $-2.76M | $3.41M | $16.10M |
| Accounts Receivables | $148.00K | $6.55M | $-75.13M | $-6.78M | $-591.00K | $-16.78M | $-23.30M | $-6.97M | $-7.97M | $1.14M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $752.00K | $-1.18M | $26.00M | $12.30M | $11.08M | $7.62M | $10.09M | $4.21M | $11.38M | $14.96M |
| Other Non Cash Items | $290.00K | $-5.77M | $-5.17M | $293.00K | $-3.18M | $-14.78M | $-3.10M | $-4.64M | $-2.25M | $-932.00K |
| Net Cash Provided by Operating Activities | $99.21M | $79.36M | $24.52M | $50.14M | $59.47M | $36.60M | $27.91M | $33.56M | $31.13M | $45.25M |
| Investments in Property Plant and Equipment | $-4.51M | $-2.30M | $-18.25M | $-33.83M | $-14.44M | $-11.72M | $-12.31M | $-10.15M | $-5.79M | $-4.33M |
| Acquisitions Net | $- | $- | $-36.74M | $-800.00K | $-61.77M | $-23.94M | $- | $- | $- | $- |
| Purchases of Investments | $-342.08M | $-205.68M | $-80.31M | $-71.60M | $-110.62M | $-60.11M | $-112.68M | $- | $- | $- |
| Sales Maturities of Investments | $332.97M | $140.67M | $60.31M | $71.60M | $110.56M | $85.11M | $112.59M | $- | $- | $- |
| Other Investing Activities | $- | $- | $-20.00M | $-529.00K | $-58.00K | $23.94M | $-1.27M | $-55.12M | $-103.00K | $-39.00K |
| Net Cash Used for Investing Activities | $-13.62M | $-67.31M | $-74.99M | $-34.63M | $-76.26M | $13.28M | $-12.41M | $-10.15M | $-5.79M | $-4.33M |
| Debt Repayment | $-6.96M | $-6.97M | $-6.73M | $-4.91M | $-3.74M | $-2.67M | $-2.16M | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $3.27M | $1.86M |
| Common Stock Repurchased | $-98.28M | $-36.62M | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $21.55M | $31.55M | $33.57M | $10.76M | $20.38M | $8.75M | $10.12M | $6.71M | $- | $- |
| Net Cash Used Provided by Financing Activities | $-83.69M | $-12.04M | $26.84M | $5.85M | $16.64M | $6.08M | $7.96M | $6.71M | $3.27M | $1.86M |
| Effect of Forex Changes on Cash | $-4.56M | $-513.00K | $-4.24M | $-1.09M | $830.00K | $183.00K | $-717.00K | $361.00K | $-79.00K | $-107.00K |
| Net Change in Cash | $-2.65M | $-503.00K | $-27.87M | $20.26M | $674.00K | $56.14M | $22.75M | $30.49M | $28.52M | $42.66M |
| Cash at End of Period | $172.19M | $174.84M | $175.35M | $203.22M | $182.96M | $182.28M | $126.14M | $158.40M | $127.91M | $99.39M |
| Cash at Beginning of Period | $174.84M | $175.35M | $203.22M | $182.96M | $182.28M | $126.14M | $103.39M | $127.91M | $99.39M | $56.73M |
| Operating Cash Flow | $99.21M | $79.36M | $24.52M | $50.14M | $59.47M | $36.60M | $27.91M | $33.56M | $31.13M | $45.25M |
| Capital Expenditure | $-4.51M | $-2.30M | $-18.25M | $-33.83M | $-14.44M | $-11.72M | $-12.31M | $-10.15M | $-5.79M | $-4.33M |
| Free Cash Flow | $94.70M | $77.06M | $6.27M | $16.30M | $45.03M | $24.88M | $15.61M | $23.41M | $25.33M | $40.91M |