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Constellation Software Inc (CSU.TO)

Constellation Software Inc (CSU.TO)
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Constellation Software is an acquirer, manager, and developer of vertical market software, or VMS, businesses globally. VMS differentiates from horizontal software in that it provides mission critical solutions within a specific industry for customers in a particular market. Constellation operates through a decentralized model in which each business operates as its own independent entity. Managers of individual businesses are incentivized to optimize their business for returns on invested capital and revenue growth. Excess cash generated by the individual businesses is repatriated to portfolio managers who focus on allocating as much capital as possible on new acquisitions. As of 2025, Constellation consisted of over 1,000 individual businesses and 64,000 employees.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 10,066,000 8,405,000 6,622,000 5,107,000 3,969,000
Sales Growth +19.76% +26.93% +29.67% +28.67% +13.76%
Net Income 731,000 565,000 512,000 310,000 436,000
Net Income Growth +29.38% +10.35% +65.16% -28.90% +30.93%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 12,863,000 10,899,000 7,882,000 5,766,000 4,375,000
Total Assets Growth +18.02% +38.28% +36.70% +31.79% +25.43%
Total Liabilities 9,576,000 8,938,000 5,949,000 4,246,000 3,327,000
Total Liabilities Growth +7.14% +50.24% +40.11% +27.62% +18.78%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 2,196,000 1,779,000 1,297,000 1,300,000 1,186,000
Operating Cash Flow Growth +23.44% +37.16% -0.23% +9.61% +54.63%
Net Cash Flow 744,000 456,000 87,000 21,000 427,000
Change in Net Cash Flow +63.16% +424.14% +314.29% -95.08% +255.84%
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