NASDAQ$CERT

Certara Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Certara experienced revenue growth driven by strong demand for technology-driven services and proprietary software.

Certara reported a strong first quarter with a 22% increase in revenue compared to the first quarter of 2021. Net income also saw a significant increase, growing by 110% compared to the same period last year.

  • Revenue was $81.6 million, a 22% increase compared to Q1 2021.
  • Excluding Pinnacle 21, revenue grew by 13% compared to Q1 2021.
  • Net income was $2.2 million, a 110% increase compared to Q1 2021.
  • Adjusted EBITDA was $27.7 million, a 16% increase compared to Q1 2021.

Headline financials

Total Revenue

$81.6M

Previous: $66.7M+22.2%
EPS (adj)

$0.11

Previous: $0.06+83.3%
Adjusted EBITDA

$27.7M

Previous: $23.9M+15.9%
Capital Expenditures

-$506K

Previous: -$222K-127.9%
Free Cash Flow

$1.7M

Previous: $830K+105.3%
Net Income

$2.21M

Previous: $1.05M+110.1%
Operating Income

$6.13M

Previous: $5.62M+9.1%
Gross Profit

$48.8M

Previous: $40.7M+19.8%
Cash & Equivalents

$184M

Previous: $273M-32.5%
Total Assets

$1.51B

Previous: $1.26B+19.4%

Revenue & EPS history

Certara · Revenue · Quarterly

$81.6M

Q1 2022+22.2%vs Q1 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Certara · $90.3M total across 2 segments · Q1 2023

  • Services
    $57.3M
  • Software
    $33M

Forward guidance

Certara is reiterating its previously reported guidance for full year 2022 with the exception of an update to guidance for fully diluted shares outstanding.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-4.5%

Avg return

Earnings day

-6.4%

Avg return

5 days after

-3.8%

Avg return

30 days after

33%

8 / 24 earnings

Positive

+28.1%

Q3 2022

Best reaction

-23.0%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-18.9%-29.2%-17.9%
Q4 2025+3.3%+9.9%-12.7%
Q3 2025-23.0%-26.5%-18.2%
Q1 2025-11.0%-6.3%-8.5%
Q3 2024+6.6%+5.6%+5.2%
Q2 2024-12.6%-16.1%-23.1%
Q1 2024-7.3%-3.6%-2.6%
Q4 2023+7.8%+9.6%+5.3%
Q3 2023+0.6%+3.5%+30.6%
Q2 2023-10.0%-6.5%-19.5%
Q1 2023-9.5%-12.1%-18.9%
Q4 2022+19.4%+18.4%+33.1%
Q3 2022+28.1%+37.6%+64.0%
Q2 2022-15.6%-27.2%-32.6%
Q1 2022-2.5%-11.3%-1.4%
Q4 2021-13.5%-21.9%-15.2%
Q4 2019-13.5%-21.9%-15.2%
Q3 2021-5.5%-7.4%-33.7%
Q3 2020-5.5%-7.4%-33.7%
Q2 2020+0.6%+0.3%+34.9%
Q2 2021+2.3%-0.0%+35.3%
Q1 2020-0.1%-7.9%-10.7%
Q1 2021-6.1%-9.9%-16.4%
Q4 2020-22.2%-23.5%-19.1%
Q3 2019
Q2 2019
Q1 2019

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