Certara(CERT) - 2024 Q4 - Annual Results

Revenue Performance - Full-Year 2024 revenue reached $384.4 million, an increase of 8$354.3 million in 2023[6] - Fourth Quarter 2024 revenue was $99.7 million, representing a growth of 13$88.0 million in the fourth quarter of 2023[6] - Software revenue for Full-Year 2024 was $155.0 million, an 18$131.7 million in 2023[6] - Services revenue for Full-Year 2024 was $229.4 million, a growth of 3$222.7 million in 2023[6] - The acquisition of Chemaxon contributed $5.9 million in revenue and$11.0 million in bookings[6] Bookings Performance - Bookings for Full-Year 2024 totaled $445.3 million, up 11$402.3 million in 2023[6] - Fourth Quarter 2024 bookings were $144.5 million, reflecting a growth of 22$118.9 million in the fourth quarter of 2023[6] - Software bookings for Full-Year 2024 were $169.4 million, representing a growth of 24$136.9 million in 2023[6] - Services bookings for Full-Year 2024 were $275.9 million, a 4$265.4 million in 2023[6] Financial Expectations - Adjusted EBITDA for Full-Year 2024 is expected to be between $120 million and$124 million[4]