Bullboard - Stock Discussion Forum Kinaxis Inc T.KXS

Alternate Symbol(s): KXSCF

Kinaxis Inc. is a Canada-based company engaged in modern supply chain orchestration, powering complex global supply chains and supporting the people who manage them. The Company’s AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain from multiyear strategic planning to... see more

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Kinaxis Inc > Thought on First Quarter results?

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Post by Apostata on May 08, 2024 6:52pm

Thought on First Quarter results?

News release here: KXS First Quarter 2024 Results

Q1 2024 Highlights

$ USD thousands, except as otherwise indicated	Q1 2024	Q1 2023	Change
Total Revenue	119,370	101,130	18%
SaaS	73,371	63,145	16%
Subscription term licenses	6,741	7,028	(4)%
Professional services	34,443	26,568	30%
Maintenance and support	4,815	4,389	10%
Gross profit	72,930	61,001	20%
Margin	61%	60%
Profit	6,187	1,189	420%
Per diluted share	$0.21	$0.04
Adjusted EBITDA1	22,680	17,142	32%
Margin	19%	17%
Cash from operating activities	32,011	38,905	(18)%