Company Overview - Docebo's Annual Recurring Revenue (ARR) reached $235.6 million as of September 30, 2025[15] - Subscription revenues constitute 94% of the company's total revenues[15] - The company has a customer base of 3,978[15] - Docebo has over 900 employees[16] - The subscription revenue Compound Annual Growth Rate (CAGR) between fiscal year 2020 and 2024 was 36%[16] Market and Product Strategy - Docebo estimates the total addressable market (TAM) for global learning to be approximately $30 billion, with customer experience (CX) accounting for ~$18.5 billion and employee experience (EX) for ~$11.5 billion[22] - Approximately 60% of Docebo's customers utilize the platform for CX or hybrid training use cases[39] Financial Performance and Growth - Docebo's Q3 2025 subscription revenue growth was 10.3%[93] - The company's Q3 2025 Adjusted EBITDA margin was 20.1%[93] - Docebo's Q3 2025 Free Cash Flow margin was 9.2%[93] - The company has generated approximately $66 million in cash since 2016 while growing ARR to $235.6 million by the end of Q3 2025[97]

Company Overview - Docebo's Annual Recurring Revenue (ARR) reached $2331 million as of June 30, 2025[18] - Subscription revenues accounted for 94% of the total revenue for the three months ended June 30, 2025[18] - The company boasts a customer base of 3,978 as of December 31, 2024[18] - Docebo experienced a 36% Subscription Revenue Compound Annual Growth Rate (CAGR) between fiscal year 2020 and fiscal year 2024[19] Market Opportunity - The total addressable market (TAM) for global learning is estimated at ~$30 billion, with customer experience (CX) accounting for 62% (~$185 billion) and employee experience (EX) for 38% (~$115 billion)[25] - The US Federal Government TAM is estimated at $12 billion, while the US SLED (State and Local Government Education) TAM is ~$27 billion[28] Financial Performance - Docebo generated approximately $60 million in cash since 2016 while growing ARR to $2331 million by the end of Q2 2025[103] - In Q2 2025, the subscription revenue growth was 145%[98] - The Adjusted EBITDA margin for Q2 2025 was 152%[102] - The Free Cash Flow margin for Q2 2025 was 187%[102] Customer Success - Brooks Automation reduced training costs by 20% using Docebo[63] - One customer training program saw 600,000+ registered users globally[66] - Another customer saved $15 million in training costs over 3 years[67]

Investor Presentation | February 2025 Note: All financials presented are in US$ unless otherwise noted. Disclaimer General This presentation is property of Docebo Inc. (the "Company", "Docebo", "us" or "we"). It cannot be circulated or forwarded without our consent. Any graphs, tables or other information demonstrating our historical performance or that of any other entity contained in this presentation are intended only to illustrate past performance and are not necessarily indicative of our or such entiti ...