Constellation Software Inc

CSU

Equity

ISIN CA21037X1006 / Valor 2562561

Toronto Stock Exchange (2024-09-18)

CAD 4,256.85-1.32%

Constellation Software Inc
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About company

Constellation Software Inc is a prominent company in the software industry, offering a wide range of software and services to both public and private sector markets. The company focuses on acquiring, managing, and developing industry-specific software businesses that offer specialized solutions tailored to meet the unique requirements of their customers. With a strong emphasis on mission-critical software, Constellation Software Inc has established itself as a key player in providing essential software solutions to various sectors.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Constellation Software Inc. reported a total revenue of $2,468 million for the quarter ended June 30, 2024, marking a 21% increase compared to $2,039 million in Q2 2023. This growth includes a 2% organic growth and a 3% increase after adjusting for changes in foreign exchange rates.

Net Income Surge

Net income attributable to common shareholders for Constellation Software Inc. in Q2 2024 was $177 million, a significant 71% increase from $103 million in the same quarter of 2023. This translates to $8.35 per diluted share, up from $4.88 per diluted share in Q2 2023.

Acquisitions

During Q2 2024, Constellation Software Inc. completed several acquisitions with an aggregate cash consideration of $451 million. Including deferred payments valued at $173 million, the total consideration for these acquisitions amounted to $624 million.

Cash Flow from Operations

Constellation Software Inc. reported cash flows from operations of $265 million for Q2 2024, representing a 116% increase from $123 million in the same period of 2023. For the first six months of 2024, CFO increased by 33% to $1,002 million compared to $755 million in the same period of 2023.

Free Cash Flow Available to Shareholders

Free cash flow available to shareholders (FCFA2S) for Constellation Software Inc. increased by $168 million to $182 million in Q2 2024, compared to $14 million in Q2 2023. For the first six months of 2024, FCFA2S rose by 34% to $628 million from $467 million in the same period of 2023.

Summarized from source with an LLMView Source

Key figures

49.7%1Y

95.2%3Y

229%5Y

Performance

22.0%1Y

24.1%3Y

25.9%5Y

Volatility