Financials in USD. Standardized financial statements.
A compact view of how D2L Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $222.24M | $205.28M | $182.38M | $168.40M | $151.88M | $126.37M | $109.70M | $102.71M |
| Revenue Growth? | +8.3% | +12.6% | +8.3% | +10.9% | +20.2% | +15.2% | +6.8% | 0.0% |
| Cost of Revenue? | $70.04M | $65.31M | $60.18M | $59.58M | $63.01M | $51.66M | $40.24M | $37.00M |
| Gross Profit? | $152.20M | $139.96M | $122.20M | $105.91M | $86.68M | $80.78M | $69.45M | $65.71M |
| Gross Margin? | +68.5% | +68.2% | +67.0% | +62.9% | +57.1% | +63.9% | +63.3% | +64.0% |
| Operating Expenses? | $138.54M | $133.77M | $129.31M | $128.17M | $162.66M | $75.30M | $75.02M | $67.60M |
| Operating Income? | $13.66M | $6.20M | -$7.11M | -$20.40M | -$74.71M | $1.78M | -$5.57M | -$1.89M |
| EBITDA? | $19.09M | $14.57M | $306,976 | -$12.76M | -$92.67M | -$39.76M | -$1.87M | $2.43M |
| Income Before Tax | $13.36M | $9.49M | -$3.20M | -$17.94M | -$97.82M | -$41.31M | -$5.41M | -$253,231 |
| Income Tax Expense | $4.20M | -$16.24M | $346,524 | $434,088 | -$164,054 | $189,717 | $311,193 | $357,443 |
| Net Income? | $9.16M | $25.72M | -$3.54M | -$18.06M | -$96.24M | -$43.49M | -$5.73M | -$610,674 |
| EPS? | $0.17 | $0.47 | $-0.07 | $-0.35 | $-2.09 | $-0.92 | $-0.12 | $-0.01 |
| Diluted EPS? | $0.16 | $0.46 | $-0.07 | $-0.35 | $-2.09 | $-0.92 | $-0.12 | $-0.01 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality