CERT - Certara, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$9.00
DETAILS
HIGH:
$10.00
LOW:
$8.00
MEDIAN:
$9.00
CONSENSUS:
$9.00
UPSIDE:
71.76%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 418.8 | 385.1 | 354.3 | 335.6 | 286.1 | 243.5 | 208.5 | 163.7 |
| Cost of Revenue | 161.1 | 154.5 | 141.0 | 132.6 | 111.6 | 100.8 | 79.8 | 71.0 |
| Gross Profit | 257.7 | 230.6 | 213.3 | 203.1 | 174.5 | 142.8 | 128.7 | 92.7 |
| Operating Expenses | ||||||||
| R&D Expenses | 41.0 | 37.1 | 34.2 | 28.2 | 20.4 | 19.6 | 11.6 | 10.5 |
| SG&A Expenses | 139.1 | 121.0 | 127.4 | 99.2 | 99.7 | 107.7 | 58.7 | 52.8 |
| Other Expenses | 56.6 | 74.3 | 92.5 | 43.2 | 40.9 | 39.9 | 38.8 | (0.1) |
| Operating Expenses | 236.7 | 232.4 | 254.1 | 170.5 | 160.9 | 167.2 | 109.1 | 97.3 |
| Operating Income | ||||||||
| Operating Income | 21.0 | (1.7) | (40.8) | 32.5 | 13.6 | (24.4) | 19.6 | (4.7) |
| Interest Expense | 19.7 | 21.5 | 22.9 | 17.8 | 16.8 | 25.3 | 28.0 | 27.8 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||
| EBITDA | 83.9 | 72.4 | 23.8 | 89.0 | 58.6 | 17.9 | 60.4 | 32.3 |
| EBIT | 27.4 | 4.3 | (32.2) | 36.5 | 13.5 | (24.9) | 18.9 | (4.8) |
| Income Before Tax | 7.6 | (17.2) | (55.1) | 18.8 | (3.4) | (50.2) | (9.2) | (32.6) |
| Income Tax Expense | 9.2 | (5.1) | 0.2 | 4.0 | 9.9 | (0.8) | (0.2) | 0.7 |
| Net Income | (1.6) | (12.1) | (55.4) | 14.7 | (13.3) | (49.4) | (8.9) | (33.3) |
| Per Share Data | ||||||||
| EPS (Basic) | -0.01 | -0.08 | -0.35 | 0.09 | -0.09 | -0.32 | -0.06 | -0.25 |
| EPS (Diluted) | -0.01 | -0.08 | -0.35 | 0.09 | -0.09 | -0.32 | -0.06 | -0.25 |
| Shares Outstanding | 160.4 | 160.4 | 158.9 | 156.9 | 149.8 | 153.0 | 157.3 | 132.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 189.4 | 179.2 | 235.0 | 236.6 | 185.8 | 271.4 | 29.3 | 11.7 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 103.5 | 119.1 | 93.3 | 88.8 | 78.3 | 64.8 | 52.4 | 49.9 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.5 |
| Other Current Assets | 22.2 | 4.3 | 5.6 | 8.5 | 1.7 | 3.0 | 2.1 | 3.3 |
| Total Current Assets | 315.1 | 310.9 | 340.2 | 342.3 | 274.7 | 346.6 | 87.5 | 68.9 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 13.8 | 16.0 | 12.3 | 16.8 | 15.6 | 3.9 | 4.6 | 5.4 |
| Goodwill | 773.3 | 757.0 | 716.3 | 717.7 | 703.4 | 518.6 | 515.0 | 514.3 |
| Intangible Assets | 447.5 | 485.2 | 487.0 | 486.8 | 511.8 | 396.4 | 428.0 | 459.6 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2 |
| Other Non-Current Assets | 1.6 | 2.0 | 3.1 | 5.6 | 2.2 | 1.2 | 1.1 | 1.3 |
| Total Non-Current Assets | 1,241.5 | 1,264.3 | 1,222.9 | 1,230.7 | 1,237.0 | 922.8 | 949.5 | 982.6 |
| Total Assets | 1,556.6 | 1,575.1 | 1,563.1 | 1,572.9 | 1,511.7 | 1,269.4 | 1,037.1 | 1,051.5 |
| Current Liabilities | ||||||||
| Account Payables | 3.4 | 3.5 | 5.2 | 7.5 | 7.5 | 6.4 | 4.9 | 4.9 |
| Short-Term Debt | 3.0 | 3 | 3.0 | 3.0 | 3.0 | 4.7 | 4.2 | 3.2 |
| Deferred Revenue | 75.4 | 77.8 | 60.7 | 52.2 | 45.5 | 30.7 | 26.2 | 37.5 |
| Other Current Liabilities | 71.6 | 53.1 | 49.5 | 31.0 | 26.9 | 29.5 | 8.3 | 12.6 |
| Total Current Liabilities | 153.4 | 146.1 | 130.0 | 103.2 | 92.2 | 75.3 | 63.0 | 65.5 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 8.4 | 292.4 | 288.2 | 290.0 | 291.7 | 294.1 | 397.1 | 404.8 |
| Deferred Tax Liabilities | 34.4 | 40.4 | 50.8 | 67.4 | 76.1 | 75.9 | 82.2 | 85.7 |
| Other Non-Current Liabilities | 297.6 | 25.3 | 39.2 | 19.8 | 0 | 1.1 | 1.6 | 0 |
| Total Non-Current Liabilities | 340.4 | 370.4 | 386.3 | 390.1 | 377.7 | 371.9 | 482.0 | 493.3 |
| Total Liabilities | 493.8 | 516.4 | 516.3 | 493.3 | 469.9 | 447.3 | 545.0 | 558.7 |
| Stockholders' Equity | ||||||||
| Common Stock | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.5 | 1.3 | 1.3 |
| Retained Earnings | (129.9) | (128.3) | (116.2) | (60.9) | (75.6) | (62.3) | (12.9) | (14.4) |
| Accumulated Other Comprehensive Income | 2.0 | (13.4) | (7.6) | (8.2) | (3.9) | (1.6) | (5.5) | (1.6) |
| Total Stockholders' Equity | 1,062.8 | 1,058.7 | 1,046.8 | 1,079.7 | 1,041.8 | 822.1 | 492.0 | 492.8 |
| Total Liabilities & Equity | 1,556.6 | 1,575.1 | 1,563.1 | 1,572.9 | 1,511.7 | 1,269.4 | 1,037.1 | 1,051.5 |
| Debt Metrics | ||||||||
| Total Debt | 11.4 | 311.9 | 302.6 | 308.1 | 308.4 | 299.4 | 401.4 | 408.3 |
| Net Debt | (178.0) | 132.7 | 67.6 | 71.5 | 122.6 | 28.0 | 372.1 | 396.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | (1.6) | (12.1) | (55.4) | 14.7 | (13.3) | (49.4) | (8.9) | (33.3) |
| Depreciation & Amortization | 75.2 | 68.0 | 57.6 | 54.0 | 45.1 | 42.8 | 41.6 | 37.0 |
| Stock-Based Compensation | 33.1 | 34.8 | 28.3 | 30.3 | 29.5 | 64.5 | 1.7 | 1.7 |
| Change in Working Capital | (0.1) | (8.2) | 0.9 | (14.9) | (2.9) | (6.7) | 8.7 | 8.3 |
| Other Non-Cash Items | (1.9) | 10.6 | 51.4 | 8.3 | 3.2 | 1.5 | 1.7 | 1.4 |
| Operating Cash Flow | 96.3 | 80.5 | 82.8 | 92.5 | 60.4 | 44.8 | 38.0 | 11.6 |
| Investing Activities | ||||||||
| Capital Expenditure | (1.8) | (1.6) | (1.8) | (1.4) | (8.9) | (7.9) | (9.5) | (11.5) |
| Acquisitions | (13.2) | (91.3) | (64.2) | (15.3) | (261.0) | (0.7) | 0 | (62.4) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (11.6) | (19.4) | (13.5) | (11.1) | 0 | 0 | (7.4) | (6.7) |
| Investing Cash Flow | (26.6) | (112.4) | (79.5) | (27.8) | (269.9) | (8.6) | (9.5) | (73.9) |
| Financing Activities | ||||||||
| Net Debt Issuance | (3.0) | 4.0 | (3.0) | (3.3) | (3.9) | (104.4) | (8.4) | 66.0 |
| Stock Repurchased | (42.6) | (8.7) | (6.4) | (3.0) | 0 | (1.1) | (0.7) | (1.1) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (18.4) | (16.4) | 0 | (1.1) | (6.1) | (2.9) | 0 | (8.7) |
| Financing Cash Flow | (64.0) | (21.0) | (9.4) | (7.4) | 123.4 | 208.2 | (8.5) | 57.3 |
| Cash Position | ||||||||
| Net Change in Cash | 10.2 | (55.8) | (4.7) | 53.1 | (86.7) | 243.5 | 17.6 | (6.4) |
| Cash at Beginning | 179.2 | 235.0 | 239.7 | 186.6 | 273.3 | 29.8 | 12.2 | 18.5 |
| Cash at End | 189.4 | 179.2 | 235.0 | 239.7 | 186.6 | 273.3 | 29.8 | 12.2 |
| Free Cash Flow | 94.6 | 78.8 | 81.0 | 91.1 | 51.5 | 36.9 | 28.5 | 0.1 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 418.8 | 385.1 | 354.3 | 335.6 | 286.1 | 243.5 | 208.5 | 163.7 |
| Gross Profit | 257.7 | 230.6 | 213.3 | 203.1 | 174.5 | 142.8 | 128.7 | 92.7 |
| Operating Income | 21.0 | (1.7) | (40.8) | 32.5 | 13.6 | (24.4) | 19.6 | (4.7) |
| Net Income | (1.6) | (12.1) | (55.4) | 14.7 | (13.3) | (49.4) | (8.9) | (33.3) |
| EPS (Diluted) | -0.01 | -0.08 | -0.35 | 0.09 | -0.09 | -0.32 | -0.06 | -0.25 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 189.4 | 179.2 | 235.0 | 236.6 | 185.8 | 271.4 | 29.3 | 11.7 |
| Total Assets | 1,556.6 | 1,575.1 | 1,563.1 | 1,572.9 | 1,511.7 | 1,269.4 | 1,037.1 | 1,051.5 |
| Total Debt | 11.4 | 311.9 | 302.6 | 308.1 | 308.4 | 299.4 | 401.4 | 408.3 |
| Stockholders' Equity | 1,062.8 | 1,058.7 | 1,046.8 | 1,079.7 | 1,041.8 | 822.1 | 492.0 | 492.8 |
| Cash Flow | ||||||||
| Operating Cash Flow | 96.3 | 80.5 | 82.8 | 92.5 | 60.4 | 44.8 | 38.0 | 11.6 |
| Capital Expenditure | (1.8) | (1.6) | (1.8) | (1.4) | (8.9) | (7.9) | (9.5) | (11.5) |
| Free Cash Flow | 94.6 | 78.8 | 81.0 | 91.1 | 51.5 | 36.9 | 28.5 | 0.1 |