“TOPICUS.COM INC’s past 2022 financial results announced.”
TOPICUS.COM INC. has announced, in a joint press release with Costellation Software Inc. the financial results of Topicus.com Inc. for the four months and year ended 2022. In their press release they have disclosed headlines and data for the four-month period and year ended 2022.
- Revenues increased by 23% (4% organic growth) to €916.7 million compared to €742.5 million in 2021.
- Net income was €87.6 million (€0.66 on a diluted basis per share) compared with a net loss of €2,222.2 million (negative €30.16 on a diluted basis per share) in 2021.
- Several acquisitions were completed for a total consideration of EUR 183.1 million, including withholdings and contingent consideration.
- Cash flows from operations (“CFO”) increased €26.6 million to €203.0 million compared to €176.4 million in 2021.
- Free cash flow available to shareholders (“FCFA2S”) decreased €32.7 million to €54.2 million compared to €86.8 million in 2021.