The Descartes Systems Group Inc
DSG
ISIN CA2499061083 / Valor 840184
The Descartes Systems Group Inc
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About company
The Descartes Systems Group Inc. is a global leader in providing logistics and supply chain management solutions. The company offers a comprehensive Logistics Technology Platform that integrates an extensive logistics network with a wide range of management applications and global trade intelligence services. This platform is designed to optimize the movement and management of inventory, information, assets, and personnel, ensuring they reach their destinations efficiently and on time. Descartes' solutions cater to various industries, enhancing operational efficiency and enabling businesses to streamline their logistics processes. With a focus on innovation and connectivity, Descartes supports its clients in navigating the complexities of global trade and logistics.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (19.12.2024):
Revenue Growth
The Descartes Systems Group Inc. reported total revenues of $572.9 million for the fiscal year ending January 31, 2024, marking an increase from $486.0 million in 2023. This growth was primarily driven by an increase in services revenues from new and existing customers, contributing an additional $43.6 million in 2024.
Services Revenue
In fiscal 2024, The Descartes Systems Group Inc.'s services revenues reached $520.9 million, up from $435.7 million in 2023. This accounted for 91% of the total revenues, with growth attributed to sales of global trade intelligence, routing, and transportation management solutions.
Net Income
The Descartes Systems Group Inc. achieved a net income of $115.9 million for the fiscal year 2024, compared to $102.2 million in 2023. This increase reflects the company's successful expansion and operational efficiency during the period.
Geographic Revenue Distribution
For the fiscal year 2024, The Descartes Systems Group Inc. generated $382.2 million in revenues from the United States, representing 67% of total revenues. This was an increase from $307.1 million in 2023, highlighting significant growth in the U.S. market.
Acquisitions Impact
The Descartes Systems Group Inc.'s fiscal 2024 revenues were positively impacted by the acquisitions of GroundCloud and Localz, which contributed an incremental $37.3 million. These strategic acquisitions played a crucial role in enhancing the company's service offerings and market reach.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
9809 M
Market cap (USD)
171,290
Daily traded volume (Shares)
164.06 / 161.82
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Est dividend (USD)
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EPS (USD)
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Ratings & reviews
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