Financial Statements

The Descartes Systems Group Inc. (DSGX)

$60.52

+0.51 (+0.85%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) -84-136-173-212-
Net Income 8652373127
Stock Dividends ---8-239
Dividend Paid -----
Retained Earnings 3-84-136-173-212

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 24271313-
Annual Depreciation 2119518
Capital Expenditure -5-4-5-5-5
Net PPE 2124271313

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -350378524565
New Purchases -----
Intangible and Goodwill 350378524565609

The Descartes Systems Group Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes The Descartes Systems Group Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.