Constellation Software Inc. and Topicus.com Inc. announce results for Topicus.com Inc. for the third quarter ended September 30, 2024. $CSU (+0%)
Constellation Software Inc. owns most of the shares of Topicus.com (TOITF).
Headlines Q3 2024:
Revenue increased 12% (4% organic growth) to €312.2 million compared to €278.8 million in Q3 2023.
Net profit increased by 34% from € 28.3 million (€ 0.22 diluted per share) to € 38.0 million (€ 0.28 diluted per share)
The acquisitions were completed for a total amount of € 18.2 million (including the cash acquired). The deferred payments associated with these acquisitions have an estimated value of € 8.5 million, resulting in a total amount of € 26.7 million.
Cash flow from operating activities ("CFO") increased by EUR 6.2 million to EUR 31.7 million compared to EUR 25.5 million in the third quarter of 2023.
Free cash flow available to shareholders 1 ("FCFA2S") increased by EUR 3.9 million to EUR 10.4 million compared to EUR 6.5 million in the third quarter of 2023.
