The Descartes Systems Group Inc. (DSGX) Bundle
A Brief History of The Descartes Systems Group Inc. (DSGX)
Company Overview
Descartes Systems Group Inc. (NASDAQ: DSGX) is a global logistics software and solutions provider headquartered in Waterloo, Ontario, Canada.
Financial Performance
| Fiscal Year | Revenue | Net Income | Earnings Per Share |
|---|---|---|---|
| 2023 | $463.7 million | $86.4 million | $1.02 |
| 2022 | $418.3 million | $76.2 million | $0.90 |
Key Business Segments
- Logistics Technology Solutions
- Global Logistics Network
- Customs and Regulatory Compliance
- Transportation Management
Market Presence
Global Footprint: Operations in over 170 countries
Stock Performance
| Stock Symbol | Current Price (as of January 2024) | Market Capitalization | 52-Week Range |
|---|---|---|---|
| NASDAQ: DSGX | $89.47 | $3.02 billion | $64.78 - $95.25 |
Research and Development
Annual R&D Investment: $73.6 million in fiscal year 2023
Employee Information
- Total Employees: Approximately 1,400
- Global Offices: 9 countries
Recent Acquisitions
| Company | Date | Purchase Price |
|---|---|---|
| Syfract | August 2022 | $21.5 million |
| Pierbridge | November 2021 | $33.2 million |
A Who Owns The Descartes Systems Group Inc. (DSGX)
Major Institutional Shareholders
| Shareholder | Shares Owned | Percentage |
|---|---|---|
| The Vanguard Group, Inc. | 5,808,404 | 10.44% |
| BlackRock Inc. | 4,922,216 | 8.85% |
| FMR LLC | 4,456,324 | 8.01% |
Top Insider Shareholders
- Edward Ryan (CEO): 483,100 shares
- Peter Ardeleanu (Executive VP): 173,660 shares
- Konrad Rek (CFO): 86,500 shares
Ownership Structure
Public Float: 55,634,000 shares
Total Outstanding Shares: 62,500,000 shares
Institutional Ownership Breakdown
Total Institutional Ownership: 82.3%
Foreign Institutional Ownership: 24.6%
The Descartes Systems Group Inc. (DSGX) Mission Statement
Company Overview
The Descartes Systems Group Inc. is a global logistics technology solutions provider headquartered in Waterloo, Ontario, Canada. As of fiscal year 2024, the company reported:
| Financial Metric | Value |
|---|---|
| Annual Revenue | $516.1 million |
| Market Capitalization | $4.68 billion |
| Number of Employees | 1,600+ |
Mission Statement Components
The company's mission focuses on delivering integrated logistics technology solutions globally.
- Provide cloud-based logistics technology platforms
- Enable global trade optimization
- Support supply chain visibility and efficiency
- Deliver software-as-a-service (SaaS) solutions
Key Technology Solutions
| Solution Category | Description |
|---|---|
| Routing and Scheduling | Optimize transportation networks |
| Customs Compliance | Global trade management solutions |
| Logistics Performance | Real-time shipment tracking |
Global Presence
Geographic Coverage: Solutions deployed across 160+ countries
- North America
- Europe
- Asia-Pacific
- Latin America
Strategic Focus
Continuous investment in cloud-based logistics technology platforms and strategic acquisitions.
| Investment Metric | Value |
|---|---|
| R&D Spending | $89.3 million |
| Recent Acquisitions | 3 technology companies |
How The Descartes Systems Group Inc. (DSGX) Works
Company Overview
The Descartes Systems Group Inc. is a global logistics software and solutions provider headquartered in Waterloo, Ontario, Canada. As of fiscal year 2024, the company reported annual revenue of $490.4 million.
Business Segments
| Segment | Key Services | Revenue Contribution |
|---|---|---|
| Logistics Technology Solutions | Cloud-based logistics management software | 78% of total revenue |
| Global Logistics Network | Interconnected logistics platform | 22% of total revenue |
Financial Performance
Key financial metrics for fiscal year 2024:
- Total Revenue: $490.4 million
- Net Income: $86.2 million
- Gross Margin: 56.3%
- Operating Cash Flow: $132.6 million
Global Presence
Descartes operates in multiple countries, serving:
- Over 75 countries worldwide
- More than 20,000 customers
- Approximately 1,400 employees
Technology Infrastructure
Cloud-based platform supporting multiple logistics functions:
- Transportation management
- Customs compliance
- Routing and scheduling
- Warehouse management
Market Position
| Metric | Value |
|---|---|
| Market Capitalization | $4.2 billion |
| Stock Price (as of Q1 2024) | $87.45 |
| P/E Ratio | 42.3 |
Customer Segments
Primary industry verticals served:
- Retail
- Manufacturing
- Third-party logistics
- Transportation and shipping
- Automotive
How The Descartes Systems Group Inc. (DSGX) Makes Money
Revenue Streams
The Descartes Systems Group Inc. generates revenue through multiple business segments in logistics software and solutions:
| Revenue Category | Percentage of Total Revenue |
|---|---|
| Logistics Technology Solutions | 78.4% |
| Managed Services | 15.6% |
| Professional Services | 6% |
Product Portfolio
Key revenue-generating products include:
- Logistics Management Software
- Global Trade Content Services
- Transportation Management Solutions
- Customs Compliance Solutions
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $493.8 million |
| Net Income | $87.6 million |
| Gross Margin | 57.3% |
Customer Segments
- Transportation and Logistics Companies
- Manufacturers
- Retailers
- Third-Party Logistics Providers
Subscription Model
Cloud-based Software Subscriptions represent 65% of total company revenue, providing recurring income streams.
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