{
  "docId": "019dd923-5efe-75c0-8e00-528c9bfc7366",
  "docSlug": "7d1e27f4706b348d",
  "documentTitle": "2025 Q4 Investor Deck",
  "authorId": "Docebo",
  "authorName": "Docebo",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.777,
  "pageNumber": 21,
  "pageCount": 27,
  "prevPage": 20,
  "nextPage": 22,
  "slideType": "financial_analysis",
  "function": "quantify_impact",
  "density": "dense",
  "nDataPoints": 20,
  "notes": "The chart illustrates the company's ability to scale ARR while maintaining or improving cash flow generation.",
  "elementsJson": [
    "headline_text",
    "bar_chart_grouped",
    "big_number",
    "paragraph",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5efe-75c0-8e00-528c9bfc7366/21",
  "deckHref": "/decks/019dd923-5efe-75c0-8e00-528c9bfc7366",
  "deckJsonHref": "/decks/019dd923-5efe-75c0-8e00-528c9bfc7366.json",
  "deckAnchorHref": "/decks/019dd923-5efe-75c0-8e00-528c9bfc7366#slide-21",
  "components": [
    {
      "bbox": {
        "h": 0.15,
        "w": 0.28,
        "x": 0.03,
        "y": 0.32
      },
      "kind": "callout",
      "text": "~US$78M cash generated since 2016 while growing ARR to US$238.1M at the end of Q4 2025.",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "35842b8f-39b1-458a-8038-da789f481210",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.6,
        "x": 0.35,
        "y": 0.22
      },
      "kind": "chart",
      "text": "Grouped bar chart showing Free Cash Flow and Total ARR from 2016 to 2025",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8a82d841-22cc-4c3f-8d51-e94a0959b7ca",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.7,
        "x": 0.03,
        "y": 0.88
      },
      "kind": "disclaimer",
      "text": "1. Free Cash Flow is a non-IFRS measure. Refer to \"Non-IFRS Measures and Reconciliation of Non-IFRS Measures\" in the Appendix to this presentation.\n2. ARR is a non-IFRS measure. See \"Non-IFRS Measures and Industry Metrics\" in the disclaimer and refer to the Appendix to this presentation for details on how we calculate ARR.\n3. \"Cash Generated\" refers to cumulative free cash flow since Docebo received its initial investment from Intercap and Klass in 2015.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d4cf1264-91b2-4e50-b047-bf6639d32687",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Free cash flow: ~US$78M",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-6677-7460-8553-03da88d4843d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.56,
        "x": 0.22,
        "y": 0.08
      },
      "kind": "title",
      "text": "Capital Efficient Growth",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "915f41aa-9419-4298-9bc5-6324469af30e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Capital Allocation Framework",
      "slug": "capital-allocation-framework",
      "agent": null,
      "layer": "slide",
      "matchId": "0d548b9b-7367-406c-9ad1-5eb3732efcbe",
      "evidence": "chart/bar-grouped: Grouped bar chart showing Free Cash Flow and Total ARR from 2016 to 2025",
      "confidence": 0.5
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 22,
      "from": 18,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "fbe13435-3a35-4f8a-86cc-33876c083bc4",
      "evidence": "Slides 18-22 discuss financial analysis and growth metrics.",
      "position": 0,
      "objective": "Highlight the benefits of Docebo's growth strategy.",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}