Certara, Inc. (CERT) Financial Statements (2025 and earlier)

Company Profile

Business Address 4 RADNOR CORPORATE CENTER, SUITE 350
RADNOR, PA 19087
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2025
MRQ
12/31/2024
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments179,183234,951236,586185,797
Cash and cash equivalent179,183234,951236,586185,797
Restricted cash and investments   3,102827
Receivables102,18984,85782,58469,555
Prepaid expense8,3156,3638,3898,973
Derivative instruments and hedges, assets2,2134,4734,638 
Other current assets2,0571,158732767
Other undisclosed current assets16,8958,3996,2218,808
Total current assets:310,852340,201342,252274,727
Noncurrent Assets
Operating lease, right-of-use asset13,8419,60414,42712,634
Property, plant and equipment2,1672,6702,400 
Intangible assets, net (including goodwill)1,242,2521,203,3761,204,5251,215,194
Goodwill757,038716,333717,743703,371
Intangible assets, net (excluding goodwill)485,214487,043486,782511,823
Deferred income tax assets3,9614,2363,7034,073
Other noncurrent assets2,0313,0535,6152,167
Other undisclosed noncurrent assets    2,935
Total noncurrent assets:1,264,2521,222,9391,230,6701,237,003
TOTAL ASSETS:1,575,1041,563,1401,572,9221,511,730
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities59,95361,95042,93637,288
Accounts payable3,5025,1717,5337,458
Accrued liabilities56,45156,77935,40329,830
Deferred revenue77,82960,67852,20945,496
Debt3,0003,0203,0453,020
Other liabilities5,3064,375256,421
Other undisclosed current liabilities   4,943 
Total current liabilities:146,088130,023103,15892,225
Noncurrent Liabilities
Long-term debt and lease obligation292,425288,217289,988300,002
Long-term debt, excluding current maturities292,425288,217289,988291,746
Liabilities, other than long-term debt77,93598,060100,11577,654
Deferred revenue1,0491,0702,8151,531
Deferred income tax liabilities40,42150,82665,04676,098
Other liabilities25,29939,20922,12125
Operating lease, liability11,1666,95510,1338,256
Total noncurrent liabilities:370,360386,277390,103377,656
Total liabilities:516,448516,300493,261469,881
Equity
Equity, attributable to parent, including:1,058,6561,046,8401,079,6611,041,849
Common stock   1,5961,596
Treasury stock, value(18,184)(9,401)(3,000)(38)
Additional paid in capital1,216,9251,178,4611,150,1681,119,821
Accumulated other comprehensive loss(13,424)(7,593)(8,230)(3,926)
Accumulated deficit(128,281)(116,230)(60,873)(75,604)
Other undisclosed equity, attributable to parent1,6201,603  
Total equity:1,058,6561,046,8401,079,6611,041,849
TOTAL LIABILITIES AND EQUITY:1,575,1041,563,1401,572,9221,511,730

Income Statement (P&L) ($ in thousands)

3/31/2025
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenues385,148354,337335,644286,104
Cost of revenue(154,516)(141,022)(132,577)(111,616)
Cost of product and service sold(154,516)   
Gross profit:230,632213,315203,067174,488
Operating expenses(232,363)(254,089)(170,546)(160,909)
Operating income (loss):(1,731)(40,774)32,52113,579
Nonoperating expense(15,453)(14,369)(13,766)(16,954)
Other nonoperating income (expense)(15,453)(14,369)(13,766)(16,954)
Interest and debt expense(21,520)(22,916)(17,773)(16,837)
Income (loss) from continuing operations before equity method investments, income taxes:(38,704)(78,059)982(20,212)
Other undisclosed income from continuing operations before income taxes21,52022,91617,77316,837
Income (loss) from continuing operations before income taxes:(17,184)(55,143)18,755(3,375)
Income tax expense (benefit)5,133(214)(4,024)(9,891)
Income (loss) from continuing operations:(12,051)(55,357)14,731(13,266)
Loss before gain (loss) on sale of properties:(13,266)
Net income (loss) available to common stockholders, diluted:(12,051)(55,357)14,731(13,266)

Comprehensive Income ($ in thousands)

3/31/2025
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Net income (loss):(12,051)(55,357)14,731(13,266)
Comprehensive income (loss):(12,051)(55,357)14,731(13,266)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(5,831)637(4,304)(2,339)
Comprehensive income (loss), net of tax, attributable to parent:(17,882)(54,720)10,427(15,605)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: