Accolade revenue was $170.36 m in FY, 2021 which is a 28.6% year over year increase from the previous period.
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Revenue | 94.8m | 132.5m | 170.4m |
Revenue growth, % | 23% | 40% | 29% |
Cost of goods sold | 60.6m | 73.7m | 93.7m |
Gross profit | 34.2m | 58.8m | 76.7m |
Gross profit Margin, % | 36% | 44% | 45% |
Sales and marketing expense | 23.5m | 30.1m | 33.7m |
R&D expense | 35.7m | 42.3m | 50.0m |
General and administrative expense | 19.7m | 26.2m | 31.6m |
Operating expense total | 88.2m | 107.0m | 123.5m |
Depreciation and amortization | 9.4m | 8.5m | 8.2m |
EBIT | (54.0m) | (48.2m) | (46.8m) |
EBIT margin, % | (57%) | (36%) | (27%) |
Pre tax profit | (56.4m) | (51.2m) | (50.6m) |
Income tax expense | 55.0k | 129.0k | 4.0k |
Net Income | (56.5m) | (51.4m) | (50.7m) |
EPS | (12.2) | (9.1) | (1.7) |
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Cash | 42.7m | 33.2m | 433.9m |
Accounts Receivable | 371.0k | 294.0k | 9.1m |
Prepaid Expenses | 2.8m | 12.9m | 6.0m |
Current Assets | 46.9m | 48.9m | 454.0m |
PP&E | 15.3m | 13.6m | 9.2m |
Goodwill | 4.0m | 4.0m | |
Total Assets | 65.8m | 73.2m | 475.5m |
Accounts Payable | 2.5m | 5.3m | 7.4m |
Current Liabilities | 56.7m | 70.0m | 79.1m |
Long-term debt | 19.2m | 21.1m | |
Total Debt | 19.2m | 21.1m | |
Total Liabilities | 81.7m | 97.0m | 84.7m |
Common Stock | 1.0k | 2.0k | 6.0k |
Preferred Stock | 214.7m | 233.0m | |
Additional Paid-in Capital | 38.9m | 64.1m | 762.4m |
Retained Earnings | (269.5m) | (320.9m) | (371.5m) |
Total Equity | (16.0m) | (23.8m) | 390.8m |
Debt to Equity Ratio | -1.2 x | -0.9 x | |
Debt to Assets Ratio | 0.3 x | 0.3 x | |
Financial Leverage | -4.1 x | -3.1 x | 1.2 x |
USD | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
---|---|---|---|---|---|---|
Cash | 77.7m | 222.1m | 418.9m | 325.5m | 384.0m | 366.0m |
Accounts Receivable | 3.0m | 10.7m | 15.4m | 15.3m | 15.8m | 21.6m |
Prepaid Expenses | 14.2m | 8.0m | 6.6m | 7.4m | 12.0m | 12.7m |
Current Assets | 96.8m | 242.8m | 444.5m | 453.5m | 417.6m | 407.6m |
PP&E | 12.6m | 11.7m | 10.5m | 12.2m | 12.2m | 12.0m |
Goodwill | 4.0m | 4.0m | 4.0m | 214.2m | 575.7m | 579.6m |
Total Assets | 120.5m | 266.9m | 467.5m | 891.5m | 1.3b | 1.3b |
Accounts Payable | 4.9m | 3.8m | 4.1m | 7.1m | 8.7m | 5.7m |
Current Liabilities | 75.4m | 68.9m | 73.4m | 167.5m | 249.4m | 184.6m |
Long-term debt | 72.5m | 279.4m | 279.8m | 280.3m | ||
Total Debt | 72.5m | 279.4m | 279.8m | 280.3m | ||
Total Liabilities | 154.0m | 74.8m | 79.2m | 454.4m | 536.2m | 474.7m |
Common Stock | 2.0k | 5.0k | 5.0k | 6.0k | 7.0k | 7.0k |
Preferred Stock | 233.0m | |||||
Additional Paid-in Capital | 68.3m | 542.3m | 755.1m | 857.3m | 1.2b | 1.2b |
Retained Earnings | (334.8m) | (350.2m) | (366.8m) | (420.2m) | (482.6m) | (460.1m) |
Total Equity | (33.5m) | 192.1m | 388.3m | 891.5m | 733.6m | 788.7m |
Debt to Equity Ratio | -2.2 x | 0.3 x | 0.4 x | 0.4 x | ||
Debt to Assets Ratio | 0.6 x | 0.3 x | 0.2 x | 0.2 x | ||
Financial Leverage | -3.6 x | 1.4 x | 1.2 x | 1 x | 1.7 x | 1.6 x |
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Net Income | (56.5m) | (51.4m) | (50.7m) |
Depreciation and Amortization | 9.4m | 8.5m | 8.2m |
Accounts Receivable | 6.5m | (683.0k) | (10.6m) |
Accounts Payable | 1.5m | 5.8m | 3.0m |
Cash From Operating Activities | (16.5m) | (34.2m) | (25.2m) |
Purchases of PP&E | (1.2m) | (3.3m) | (2.0m) |
Cash From Investing Activities | (3.1m) | (3.5m) | (2.4m) |
Long-term Borrowings | (5.1m) | (73.9m) | |
Cash From Financing Activities | 48.8m | 28.2m | 428.4m |
Net Change in Cash | 29.2m | (9.5m) | 400.7m |
Interest Paid | 2.6m | 2.4m | 2.3m |
Income Taxes Paid | 55.0k | 149.0k |
USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
---|---|---|---|---|---|---|---|---|---|
Net Income | (15.9m) | (30.9m) | (49.2m) | (14.0m) | (29.3m) | (45.9m) | (48.7m) | (111.1m) | (88.6m) |
Depreciation and Amortization | 2.2m | 4.4m | 6.4m | 1.9m | 4.0m | 6.1m | 8.7m | 19.7m | 31.0m |
Accounts Receivable | (43.0k) | 149.0k | 123.0k | (2.0m) | (9.6m) | (15.6m) | (409.0k) | 1.4m | (5.7m) |
Accounts Payable | (52.0k) | 409.0k | 4.4m | (1.7m) | (806.0k) | 569.0k | 268.0k | (267.0k) | (1.9m) |
Cash From Operating Activities | (16.9m) | (20.4m) | (24.0m) | (8.3m) | (23.4m) | (35.6m) | (27.6m) | (38.6m) | (60.1m) |
Purchases of PP&E | (109.0k) | (1.1m) | (2.5m) | (249.0k) | (981.0k) | (1.5m) | (701.0k) | (1.6m) | (2.3m) |
Cash From Investing Activities | (109.0k) | (1.3m) | (2.7m) | (538.0k) | (1.4m) | (1.9m) | (328.7m) | (263.8m) | (263.1m) |
Long-term Borrowings | (73.9m) | (73.9m) | |||||||
Cash From Financing Activities | 345.0k | 2.9m | 23.6m | 53.4m | 213.7m | 423.3m | 248.0m | 252.6m | 255.2m |
Net Change in Cash | (16.6m) | (18.8m) | (3.0m) | 44.5m | 189.0m | 385.8m | (108.4m) | (49.9m) | (67.9m) |
Interest Paid | 601.0k | 1.2m | 1.8m | 586.0k | 2.2m | 2.2m | 51.0k | 102.0k | 880.0k |
Income Taxes Paid | 55.0k | 55.0k | 13.0k | 105.0k | 149.0k | 31.0k | 60.0k | 103.0k |
USD | FY, 2019 |
---|---|
Debt/Equity | -1.2 x |
Debt/Assets | 0.3 x |
Financial Leverage | -4.1 x |
FY, 2019 | Q3, 2020 | FY, 2020 | Mar, 2021 | Q1, 2021 | Jul, 2021 | Q2, 2021 | Oct, 2021 | Q3, 2021 | FY, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 | Dec, 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Annual Contract Value | $121.5 m | $161.4 m | $211.5 m | |||||||||||
Enterprise Customers | 20 | 54 | 53 | 60 | 94 | 112 | 400 | 600 | ||||||
Members | 1.5 m | 1.7 m | 2 m | 2.1 m | 8.7 m | 10 m | ||||||||
Patent Applications (US) | 5 | 4 | 5 | |||||||||||
Patents (US) | 4 | 3 | 3 | |||||||||||
Remaining Performance Obligations | $165.86 m | $164.55 m | $166.1 m | $227.37 m | $228.98 m | $211.46 m | $192.38 m | $206.93 m | $277.97 m | |||||
Retention Rate | 95% | 99% | 99% | |||||||||||
Trademarks (US) | 7 | 7 | 7 |