Docebo(DCBO)
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Docebo(DCBO) - 2023 Q1 - Quarterly Report
2023-04-06 20:55
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K DOCUMENTS INCLUDED AS PART OF THIS REPORT For the month of April 2023 Commission File Number 001-39750 DOCEBO INC. (Exact name of Registrant as specified in its charter) N/A (Translation of Registrant's name) 366 Adelaide St. West Suite 701 Toronto, Ontario, Canada M5V 1R7 (800) 681-4601 (Address and telephone number of ...
Docebo(DCBO) - 2022 Q4 - Earnings Call Transcript
2023-03-11 01:08
Docebo Inc. (NASDAQ:DCBO) Q4 2022 Earnings Conference Call March 9, 2023 8:00 AM ET Company Participants Mike McCarthy - Vice President of Investor Relations Claudio Erba - Chief Executive Officer Alessio Artuffo - President and Chief Operating Officer Sukaran Mehta - Chief Financial Officer Conference Call Participants Robert Young - Canaccord Genuity Josh Baer - Morgan Stanley Scott Fletcher - CIBC Daniel Chan - TD Martin Toner - ATB Capital Markets Suthan Sukumar - Stifel Christian Sgro - Eight Capital O ...
Docebo(DCBO) - 2022 Q4 - Annual Report
2023-03-08 16:00
Docebo Reports Fourth Quarter and Fiscal Year 2022 Results TORONTO, ONTARIO - March 9, 2023 - Docebo Inc. (NASDAQ: DCBO; TSX:DCBO) ("Docebo" or the "Company"), a leading artificial intelligence (AI)-powered learning platform provider, today announced financial results for the three months and fiscal year ended December 31, 2022. All amounts are expressed in US dollars unless otherwise stated. • Revenue of $142.9 million, an increase of 37% from the comparative period in the prior year • Revenue increased by ...
Docebo(DCBO) - 2022 Q3 - Earnings Call Transcript
2022-11-11 01:49
Financial Data and Key Metrics Changes - Total revenue for Q3 2022 grew to $37 million, an increase of 37% from the prior year, and increased by 42% after adjusting for foreign exchange [24] - Subscription revenues were $34.3 million, representing 93% of total revenue for the quarter [24] - Annual recurring revenue (ARR) was $144.6 million, an increase of 44% after adjusting for foreign exchange [24] - Gross profit margin improved sequentially to 81% of revenue [26] - Positive adjusted EBITDA of $0.6 million for Q3 2022 compared to an adjusted EBITDA loss of $0.3 million for Q2 [29] - Net income for Q3 2022 was $10.3 million compared to $2.1 million in Q2 [29] - Cash and cash equivalents at the end of Q3 were $213 million [30] Business Line Data and Key Metrics Changes - Customers using Docebo for external or hybrid training increased to 65% of total ARR [25] - Company-wide average contract value (ACV) increased 17% after adjusting for foreign exchange, reaching approximately $45,000 [24] - New and cross-sell logos with ARR greater than $100,000 represented approximately 30% of net new ARR in Q3 [24] Market Data and Key Metrics Changes - North America remains the largest market, with strong external and multi-use case opportunities [21] - Expansion in EMEA and APAC is steady, with notable growth in the Nordics [21] Company Strategy and Development Direction - The company aims to demonstrate operating leverage and drive profitability to unlock shareholder value [9] - Focus areas include innovation, doubling down on the enterprise segment, and strategic hiring [10] - The company is concentrating on a solution-based approach to address specific customer use cases [17] Management's Comments on Operating Environment and Future Outlook - Management acknowledges macroeconomic headwinds but remains confident in the quality of the growing pipeline and strong win rates [15] - The commitment to sustainable growth with improving profitability is emphasized, despite potential near-term challenges [12] - Management is proactive in making necessary adjustments to achieve growth objectives [12] Other Important Information - The company reported a foreign exchange gain of $10.2 million included in operating expenses [26] - Share-based compensation as a percentage of Q3 revenue was 2.7% [30] Q&A Session Summary Question: Pipeline and Deal Opportunities - Management confirmed that the pipeline remains strong, with a healthy mix across segments and opportunities for larger deals [35][36] Question: Cost of Acquisition - Management indicated that customer acquisition cost (CAC) should be viewed on an annual basis due to seasonality, with expectations for improved efficiency moving forward [38][40] Question: MHR Relationship - The partnership with MHR is seen as beneficial, particularly in the government sector, which is currently underexplored [43][45] Question: Competitive Displacement - Management noted that they are displacing legacy vendors and single-point solutions, focusing on providing comprehensive solutions [58] Question: Use Cases and Customer Behavior - There is a growing interest in external training and monetization of learning, which is expected to drive future growth [61][63] Question: Seasonality and Deal Slippage - Management acknowledged that some deals slipped into other quarters due to seasonal factors, but they remain optimistic about Q4 and Q1 [83][84] Question: Branding and Marketing Strategy - The company is evolving its branding to focus more on solving real business problems for customers, particularly in the enterprise space [86][87]
Docebo(DCBO) - 2022 Q2 - Earnings Call Transcript
2022-08-11 15:37
Docebo Inc. (NASDAQ:DCBO) Q2 2022 Earnings Conference Call August 11, 2022 8:00 AM ET Company Participants Mike McCarthy - Vice President of Investor Relations Claudio Erba - Chief Executive Officer Alessio Artuffo - President and Chief Revenue Officer Sukaran Mehta - Chief Financial Officer Conference Call Participants Daniel Chan - TD Securities Martin Toner - ATB Capital Markets Stephanie Price - CIBC Bank Richard Tse - National Bank Financial Josh Baer - Morgan Stanley Christian Sgro - Eight Capital Sut ...
Docebo(DCBO) - 2022 Q1 - Earnings Call Transcript
2022-05-12 17:00
Docebo Inc. (NASDAQ:DCBO) Q1 2022 Earnings Conference Call May 12, 2022 8:00 AM ET Company Participants Claudio Erba – Chief Executive Officer Sukaran Mehta – Chief Financial Officer Alessio Artuffo – President and Chief Revenue Officer Mike McCarthy – Vice President of Investor Relations Conference Call Participants Joshua Baer – Morgan Stanley Suthan Sukumar – Stifel Robert Young – Canaccord Genuity Stephanie Price – CIBC Bank Martin Toner – ATB Capital Markets Richard Tse – National Bank Financial Daniel ...
Docebo(DCBO) - 2021 Q4 - Earnings Call Transcript
2022-03-10 18:31
Docebo Inc. (NASDAQ:DCBO) Q4 2021 Earnings Conference Call March 10, 2022 8:00 AM ET Company Participants Mike McCarthy - Vice President of Investor Relations Claudio Erba - Chief Executive Officer Sukaran Mehta - Interim Chief Financial Officer Alessio Artuffo - President and Chief Revenue Officer Conference Call Participants Robert Young - Canaccord Genuity Daniel Chan - TD Securities Richard Tse - National Bank Financial Christian Sgro - Eight Capital Paul Steep - Scotiabank Suthan Sukumar - Stifel Gavin ...
Docebo(DCBO) - 2021 Q3 - Earnings Call Transcript
2021-11-11 19:51
Start Time: 08:00 January 1, 0000 8:52 AM ET Docebo Inc. (NASDAQ:DCBO) Q3 2021 Earnings Conference Call November 11, 2021, 08:00 AM ET Company Participants Claudio Erba - CEO Sukaran Mehta - Interim CFO Alessio Artuffo - President and CRO Dennis Fong - IR Conference Call Participants Stephanie Price - CIBC Daniel Chan - TD Securities Gavin Fairweather - Cormark Securities Richard Tse - National Bank Financial Paul Steep - Scotiabank Martin Toner - ATB Capital Markets Robert Young - Canaccord Genuity Phillip ...
Docebo(DCBO) - 2021 Q2 - Earnings Call Transcript
2021-08-12 18:44
Docebo, Inc. (NASDAQ:DCBO) Q2 2021 Earnings Conference Call August 12, 2021 8:00 AM ET Company Participants Dennis Fong - IR Claudio Erba - CEO Ian Kidson - CFO Alessio Artuffo – President & CRO Conference Call Participants Robert Young - Canaccord Stephanie Price - CIBC Richard Tse - National Bank Daniel Chan - TD Phillip Leytes - Berenberg Capital Salman Zia Rana - Laurentian Bank Paul Steep - Scotiabank Christian Sgro - Eight Capital Operator Good morning, everyone and welcome to the Docebo, Inc. Second ...
Docebo(DCBO) - 2020 Q4 - Earnings Call Transcript
2021-03-12 05:45
Docebo Inc. (NASDAQ:DCBO) Q4 2020 Earnings Conference Call March 11, 2021 8:00 AM ET Company Participants Dennis Fong - Investor Relations Claudio Erba - Chief Executive Officer Ian Kidson - Chief Financial Officer Alessio Artuffo - Chief Revenue Officer Conference Call Participants Robert Young - Canaccord Stephanie Price - CIBC Daniel Chan - TD Richard Tse - National Bank Gavin Fairweather - Cormark Securities Martin Toner - ATB Capital Markets Suthan Sukumar - Eight Capital Nick Agostino - Laurentian Ban ...