CERTCertara, Inc.
Services-Prepackaged Software
- Revenue
- $419M
- 8.7% YoY
- Operating margin
- 5.0%
- 1216% YoY
- EBITDA
- $96M
- 45% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.1×
- $108M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear8% of revenueOver 10% of revenue
- Payouts exceed cash flowClear44% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired51% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $286M | $336M | $354M | $385M | $419M | 8.7% |
| Operating income | $14M | $33M | −$41M | −$2M | $21M | 1314% |
| Net income | −$13M | $15M | −$55M | −$12M | −$2M | 87% |
| Operating cash flow | $60M | $93M | $83M | $80M | $96M | 20% |
| Capex | $1M | $1M | $2M | $2M | $2M | 8.3% |
| Stock-based comp | $29M | $30M | $28M | $35M | $33M | 4.9% |
| Buybacks | — | — | $0 | $0 | $43M |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.