Please note Kinaxis Inc.'s fiscal year end is December 31. All figures are reported in USD. Financial statements are unaudited unless otherwise noted. For more information regarding Kinaxis’ filings, please refer to our SEDAR filings pageopens in a new window.

Effective January 1, 2018, Kinaxis adopted IFRS 15, which impacts the revenue recognition of subscription agreements where the software is delivered on premise. To illustrate some of the changes in accounting driven by IFRS 15, please refer to this hypothetical example of a subscription contract renewal with an on-premise customer.