Kinaxis Inc

KXS

Equity

ISIN CA49448Q1090 / Valor 24379008

Toronto Stock Exchange (2025-04-08)

CAD 160.54+3.08%

Kinaxis Inc
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About company

Kinaxis Inc., headquartered in Ottawa, Canada, is a prominent player in the field of supply chain management solutions. With over three decades of experience, the company has developed a robust platform that integrates planning and execution capabilities, supported by a unique database architecture. Kinaxis is known for its innovative approach, which has resulted in numerous patents and a deep expertise in supply chain domain. The company's solutions are designed to enhance the efficiency and responsiveness of supply chains, helping businesses to better manage their operations in a dynamic market environment.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In the third quarter of 2024, Kinaxis Inc. reported a revenue of $121.5 million, marking an increase from $108.1 million in the same quarter of 2023. This growth reflects the company's continued expansion and success in its cloud-based subscription software offerings.

Profit Performance

Kinaxis Inc. achieved a profit of $6.8 million in Q3 2024, slightly down from $7.4 million in Q3 2023. Despite the slight decrease, the company maintained a solid profit margin, demonstrating effective cost management and operational efficiency.

Earnings Per Share

For the third quarter of 2024, Kinaxis Inc. reported basic earnings per share of $0.24, compared to $0.26 in the same period of the previous year. The diluted earnings per share were $0.23, reflecting a slight decrease from $0.25 in Q3 2023.

Operating Expenses

During Q3 2024, Kinaxis Inc. incurred operating expenses totaling $74.9 million, up from $66.3 million in Q3 2023. The increase in expenses is attributed to higher investments in selling, marketing, and research and development activities to support future growth.

Cash Flow and Liquidity

Kinaxis Inc. reported a positive cash flow from operating activities of $29.9 million in the third quarter of 2024, compared to $51.4 million in Q3 2023. The company ended the quarter with cash and cash equivalents of $183.2 million, ensuring strong liquidity to support ongoing operations and strategic initiatives.

Summarized from source with an LLMView Source

Key figures

5.69%1Y

0.65%3Y

37.3%5Y

Performance

34.3%1Y

35.4%3Y

38.3%5Y

Volatility