Constellation Software Inc. Announces Results for the First Quarter Ended March 31, 2025 and Declares Quarterly Dividend

TORONTO, Might 12, 2025 (GLOBE NEWSWIRE) — Constellation Software program Inc. (TSX:CSU) (“Constellation” or the “Firm”) right now introduced its monetary outcomes for the primary quarter ended March 31, 2025 and declared a $1.00 per share dividend payable on July 11, 2025 to all frequent shareholders of document at shut of enterprise on June 20, 2025. This dividend has been designated as an eligible dividend for the needs of the Earnings Tax Act (Canada). Please be aware that each one greenback quantities referred to on this press launch are in U.S. {Dollars} except in any other case said.

The next press launch needs to be learn along with the Firm’s Unaudited Condensed Consolidated Interim Monetary Statements for the three months ended March 31, 2025 and the accompanying notes, our Administration Dialogue and Evaluation for the three months ended March 31, 2025 and with our annual Consolidated Monetary Statements, ready in accordance with Worldwide Monetary Reporting Requirements (“IFRS”) and our annual Administration’s Dialogue and Evaluation for the 12 months ended December 31, 2024, which will be discovered on SEDAR+ at http://www.sedarplus.com and on the Firm’s web site http://www.csisoftware.com. Further details about the Firm can also be accessible on SEDAR+ at http://www.sedarplus.com

Q1 2025 Headlines:

• Income elevated 13% (0.3% natural progress, 2% after adjusting for adjustments in overseas change charges) to $2,654 million in comparison with $2,353 million in Q1 2024.
• Internet revenue attributable to frequent shareholders was $115 million for Q1 2025 ($5.44 on a diluted per share foundation), in comparison with web revenue attributable to frequent shareholders of $105 million ($4.95 on a diluted per share foundation) in Q1 2024.
• Plenty of acquisitions have been accomplished for mixture money consideration of $94 million (which incorporates acquired money).   Deferred funds related to these acquisitions have an estimated worth of $39 million leading to complete consideration of $133 million.
• On January 31, 2025, the Firm bought 8,300,029 shares in Asseco Poland S.A. (“Asseco”) representing roughly 9.99% of the issued shares in Asseco. The shares have been acquired at a value of 85 PLN per share for complete consideration of $174 million.   Throughout the three months ended March 31, 2025, the Firm recorded a achieve of $157 million inside different complete revenue lowered by transaction prices of $2 million.
• Money flows from operations (“CFO”) have been $827 million, a rise of 12%, or $90 million, in comparison with $737 million for the comparable interval in 2024.
• Free money circulation accessible to shareholders¹ (“FCFA2S”) have been $510 million, a rise of 14%, or $64 million, in comparison with $446 million for the comparable interval in 2024.

Whole income for the quarter ended March 31, 2025 was $2,654 million, a rise of 13%, or $300 million, in comparison with $2,353 million for the comparable interval in 2024. The rise is primarily attributable to progress from acquisitions because the Firm skilled natural progress of 0.3% within the quarter, 2% after adjusting for the impression of adjustments within the valuation of the US greenback in opposition to most main currencies through which the Firm transacts enterprise. For acquired firms, natural progress is calculated because the distinction between precise revenues achieved by every firm within the monetary interval following acquisition in comparison with the estimated revenues they achieved within the corresponding monetary interval previous the date of acquisition by Constellation. Natural progress just isn’t a standardized monetary measure and may not be akin to measures disclosed by different issuers.

The web revenue attributable to frequent shareholders of CSI for the quarter ended March 31, 2025 was $115 million in comparison with $105 million for a similar interval in 2024. On a per share foundation this translated into web revenue per primary and diluted share of $5.44 within the quarter ended March 31, 2025 in comparison with $4.95 for a similar interval in 2024.   There was no change within the variety of shares excellent.

For the quarter ended March 31, 2025, CFO elevated $90 million to $827 million in comparison with $737 million for a similar interval in 2024 representing a rise of 12%.

For the quarter ended March 31, 2025, FCFA2S elevated $64 million to $510 million in comparison with $446 million for a similar interval in 2024 representing a rise of 14%.

1. See Non-IFRS measures.

Ahead Trying Statements

Sure statements herein could also be “ahead trying” statements that contain recognized and unknown dangers, uncertainties and different components which will trigger the precise outcomes, efficiency or achievements of Constellation or the trade to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. Ahead trying statements contain vital dangers and uncertainties, shouldn’t be learn as ensures of future efficiency or outcomes, and won’t essentially be correct indications of whether or not or not such outcomes might be achieved. Plenty of components may trigger precise outcomes to range considerably from the outcomes mentioned within the ahead trying statements. These ahead trying statements mirror present assumptions and expectations concerning future occasions and working efficiency and are made as of the date hereof and Constellation assumes no obligation, besides as required by regulation, to replace any ahead trying statements to mirror new occasions or circumstances.

Non-IFRS Measures

Free money circulation accessible to shareholders ‘‘FCFA2S’’ refers to web money flows from working actions much less curiosity paid on lease obligations, curiosity paid on debt, debt transaction prices, funds of lease obligations, the IRGA / TSS membership legal responsibility revaluation cost, and property and tools bought, and contains curiosity and dividends obtained, and the proceeds from sale of rate of interest caps. The portion of this quantity relevant to non-controlling pursuits is then deducted. We imagine that FCFA2S is helpful supplemental data because it gives a sign of the uncommitted money circulation that’s accessible to shareholders if we don’t make any acquisitions, or investments, and don’t repay any money owed. Whereas we may use the FCFA2S to pay dividends or repurchase shares, our goal is to take a position all of our FCFA2S in acquisitions which meet our hurdle fee.

FCFA2S just isn’t a acknowledged measure beneath IFRS and, accordingly, readers are cautioned that FCFA2S shouldn’t be construed as an alternative choice to web money flows from working actions.

The next desk reconciles FCFA2S to web money flows from working actions:

About Constellation Software program Inc.

Constellation’s frequent shares are listed on the Toronto Inventory Alternate beneath the image “CSU”. Constellation acquires, manages and builds vertical market software program companies.

For additional data:

Jamal Baksh
Chief Monetary Officer
(416) 861-9677
data@csisoftware.com
http://www.csisoftware.com

SOURCE: CONSTELLATION SOFTWARE INC.