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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) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Sales 3,177,000 2,947,000 2,843,000 2,653,000 2,703,000
Sales Growth +7.80% +3.66% +7.16% -1.85% +6.33%
Net Income 110,000 210,000 56,000 115,000 285,000
Net Income Growth -47.62% +275.00% -51.30% -59.65% +73.78%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Total Assets 16,171,000 15,326,000 14,728,000 13,896,000 12,863,000
Total Assets Growth +5.51% +4.06% +5.99% +8.03% +2.31%
Total Liabilities 11,903,000 11,223,000 10,746,000 10,255,000 9,576,000
Total Liabilities Growth +6.06% +4.44% +4.79% +7.09% +1.47%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Operating Cash Flow 788,000 685,000 433,000 827,000 678,000
Operating Cash Flow Growth +15.04% +58.20% -47.64% +21.98% +31.14%
Net Cash Flow 314,000 198,000 30,000 464,000 -30,000
Change in Net Cash Flow +58.59% +560.00% -93.53% +1,646.67% -118.40%
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