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Descartes Systems Group Inc (USA) (O:DSGX)

Business Focus: Enterprise Software

Sector:  Technology Industry:  Software
 
Company Contact
Address: 120 Randall Drive
WATERLOO ON N2V 1C6
Tel: N/A
Website: https://www.descartes.com
IR: See website
Key People
J. Scott Pagan
President, Chief Operating Officer
Peter Nguyen
Senior Vice President - Legal, General Counsel, Corporate Secretary
Edward J. Ryan
Chief Executive Officer, Director
Allan J. Brett
Chief Financial Officer
Chris Jones
Executive Vice President - Marketing and Services
Raimond Diederik
Executive Vice President - Information Services
Ed Gardner
Executive Vice President - Corporate Development
Chad Murphy
Executive Vice President - Professional Services
Robert Parker
Executive Vice President - Customer Support and Client Services
Kenneth Edward Wood
Executive Vice President - Product Management
   
Business Overview
The Descartes Systems Group Inc. is primarily focused on logistics and supply chain management business processes. It is engaged in providing on-demand, software-as-a-service (SaaS) solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. The Company allows customers to use its modular, SaaS solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete other logistics processes by participating in the multimodal logistics community. The Company's solutions are cloud-based and consist of B2B service connectivity and messaging, broker and forwarder enterprise systems, global trade intelligence, customs and regulatory compliance, e-commerce shipping, transportation management and routing.
Financial Overview
For the fiscal year ended 31 January 2024, Descartes Systems Group Inc (USA) revenues increased 18% to $572.9M. Net income increased 13% to $115.9M. Revenues reflect Services segment increase of 20% to $520.9M, Professional services and other segment increase of 11% to $46.7M, United States segment increase of 24% to $382.2M, Eurpoe, Middle East and Africa segment increase of 8% to $137.2M.