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Kinaxis® (TSX:KXS) announced results for its fiscal fourth quarter and year ended December 31, 2016. As quoted in the press release: Fiscal 2016 Highlights(Comparisons made between fiscal 2016 and fiscal 2015 results) Revenue totaled $116.0 million, up 27% Subscription revenue was $81.8 million, up 26% Gross profit was $80.2 million (69% of total revenue), up 22% Profit was $10.7 million …
Kinaxis® (TSX:KXS) announced results for its fiscal fourth quarter and year ended December 31, 2016.
As quoted in the press release:
Fiscal 2016 Highlights
(Comparisons made between fiscal 2016 and fiscal 2015 results)
- Revenue totaled $116.0 million, up 27%
- Subscription revenue was $81.8 million, up 26%
- Gross profit was $80.2 million (69% of total revenue), up 22%
- Profit was $10.7 million or $0.44 per basic and $0.41 per diluted share
- Adjusted EBITDA(1) totaled $28.5 million (25% of total revenue)
- Adjusted diluted earnings per share(1) of $0.73
Fourth Quarter 2016 Highlights
(Comparisons made between fiscal Q4 2016 and fiscal Q4 2015 results)
- Revenue totaled $30.3 million, up 25%
- Subscription revenue was $22.7 million, up 34%
- Gross profit was $20.8 million (69% of total revenue), up 19%
- Profit was $1.7 million or $0.07 per basic and diluted share
- Adjusted EBITDA(1) totaled $6.4 million (21% of total revenue)
- Adjusted diluted earnings per share(1) of $0.14
(1) “Adjusted EBITDA” and “Adjusted diluted earnings per share” are non-IFRS measures and are not recognized, defined or standardized measures under IFRS. These measures as well as other non-IFRS financial measures reported by Kinaxis are defined in the “Non-IFRS Measures” section of this news release.
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