DELUXE CORPORATION
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $537.8M | $535.0M | $537.4M | $537.8M | $571.7M | $545.4M | $564.0M | $555.0M |
| Cost of Revenue | $249.0M | $251.4M | $253.9M | $255.1M | $269.9M | $250.7M | $262.6M | $256.2M |
| Gross Profit | $288.8M | $283.5M | $283.5M | $282.7M | $301.7M | $294.7M | $301.4M | $298.8M |
| Gross Margin | 53.7% | 53.0% | 52.8% | 52.6% | 52.8% | 54.0% | 53.4% | 53.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $233.8M | $234.1M | $229.2M | $233.9M | $245.4M | $247.6M | $240.1M | $243.8M |
| Operating Income | $59.3M | $44.2M | $51.0M | $21.6M | $54.1M | $34.1M | $45.4M | $41.6M |
| Operating Margin | 11.0% | 8.3% | 9.5% | 4.0% | 9.5% | 6.3% | 8.0% | 7.5% |
| Interest Expense | $30.2M | $30.8M | $31.6M | $32.0M | $31.9M | $30.0M | $29.0M | $23.8M |
| Pretax Income | $30.9M | $16.4M | $19.4M | $-9.2M | $23.0M | $6.5M | $18.3M | $20.9M |
| Income Tax Expense | $10.4M | $5.5M | $4.4M | $-1.2M | $6.6M | $3.8M | $-687.0K | $6.1M |
| Net Income | $20.5M | $10.8M | $15.0M | $-8.0M | $16.4M | $2.8M | $19.0M | $14.7M |
| Net Margin | 3.8% | 2.0% | 2.8% | -1.5% | 2.9% | 0.5% | 3.4% | 2.7% |
| EPS (Basic) | $0.46 | $0.25 | $0.34 | $-0.18 | $0.38 | $0.06 | $0.44 | $0.34 |
| EPS (Diluted) | $0.46 | $0.24 | $0.34 | $-0.18 | $0.37 | $0.06 | $0.44 | $0.34 |
| Shares Outstanding (Basic) | 44.2M | 43.9M | 43.5M | 43.7M | 43.5M | 43.3M | 43.0M | 43.1M |
| Shares Outstanding (Diluted) | 44.7M | 44.5M | 43.8M | 43.7M | 43.7M | 43.7M | 43.3M | 43.4M |
| Dividends Per Share | $0.30 | $0.30 | $0.30 | $0.30 | $0.30 | $0.30 | $0.30 | $0.30 |