Allscripts

Health Technology data management healthtech it services medical records

Allscripts is a leader in healthcare information technology solutions that advance clinical, financial and operational results. The Company's innovative solutions connect people, places, and data across an Open, Connected Community of Health™. Allscripts offers healthcare providers, payers and life sciences companies globally a complete portfolio of clinical, financial, population health management, transaction and managed IT services and other solutions.

Revenue(Q1, 2017)

$413.5 M

Market capitalization(2017-08-17)

$2.3 B

Backlog(FY, 2016)

$4.1 B

Company Growth (employees)

Type

Public

Chicago, US

Founded

1986

Size (employees)

7,500 (est)

Website

allscripts.com

Allscripts was founded in 1986 and is headquartered in Chicago, US

Key People at Allscripts

Paul Black

Chief Executive Officer and President

Allscripts Office Locations

Allscripts has offices in Chicago, Pune, Sandy Springs and Raleigh

Chicago, US (HQ)

2024 222 W Merchandise Mart Plaza

Allscripts Data and Metrics

Allscripts Financial Metrics

Allscripts's revenue was reported to be $413.5 m in Q1, 2017

Summary

USD

Allscripts's current market capitalization is $2.3 b.

Source: SEC Filings

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	1.4 b	1.4 b	1.4 b	1.5 b
Revenue growth, %		0%	1%	12%
Cost of goods sold	838.6 m	831.9 m	805.8 m	878.9 m
Gross profit	534.5 m	546 m	580.6 m	671 m
Gross profit Margin, %	39%	40%	42%	43%
R&D expense				187.9 m
General and administrative expense				392.9 m
Operating expense total				580.8 m
EBIT	(127.6 m)	(39.2 m)	31.9 m	59.8 m
EBIT margin, %	(9%)	(3%)	2%	4%
Interest expense	28.1 m	29.3 m	31.4 m	68.1 m
Pre tax profit	(148.3 m)	(68.1 m)	570 k	(14.8 m)
Income tax expense	44.3 m	1.7 m	(2.6 m)	17.8 m
Net Income	(104 m)	(66.5 m)	(2.1 m)	3 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	351.3 m	345.4 m	334.6 m	351.7 m	354.5 m	345.6 m	386.5 m	392.4 m	413.5 m
Cost of goods sold	211.3 m	213.9 m	204.8 m	208.1 m	201.1 m	193.7 m	219.8 m	226.2 m	234.8 m
Gross profit	140 m	131.5 m	129.8 m	143.6 m	153.3 m	151.9 m	166.7 m	166.2 m	178.7 m
Gross profit Margin, %	40%	38%	39%	41%	43%	44%	43%	42%	43%
R&D expense	53 m	46 m	46.7 m	44.4 m	47.7 m	47 m	47.9 m	45.1 m	49.2 m
General and administrative expense	86.7 m	97 m	82 m	86.7 m	91 m	84.2 m	94.8 m	98.8 m	110.8 m
Operating expense total	139.7 m	143 m	128.8 m	131.1 m	138.7 m	131.2 m	142.7 m	143.9 m	160.1 m
EBIT	(9.1 m)	(18.8 m)	(5.7 m)	5.6 m	8.9 m	11.9 m	18.6 m	16.9 m	11.3 m
EBIT margin, %	(3%)	(5%)	(2%)	2%	3%	3%	5%	4%	3%
Interest expense	(7.2 m)	(7.5 m)	(7.3 m)	(7.5 m)	(9.3 m)	(7 m)	(16.4 m)	(19.4 m)	(20.2 m)
Pre tax profit	(16.1 m)	(26.2 m)	(11.1 m)	(1.7 m)	(1.4 m)	2.7 m	(2.6 m)	(2.5 m)	(8.4 m)
Income tax expense	(1.7 m)	448 k	981 k	(1.5 m)	(3.7 m)	(563 k)	503 k	2.7 m	(172 k)
Net Income	(38.5 m)	(64.3 m)	(10.1 m)	(13.3 m)	(18.4 m)	2.1 m	(9 k)	148 k	(8.6 m)

Source: SEC Filings

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	63 m	53.2 m	116.9 m	96.6 m
Accounts Receivable	313.5 m	331.6 m	327.9 m	405.2 m
Inventories	107.9 m	102.4 m	93.6 m	102.6 m
Current Assets	539.8 m	522.8 m	538.3 m	604.3 m
PP&E	174 m	145.8 m	125.6 m	148.8 m
Goodwill	1.2 b	1.2 b	1.2 b	1.9 b
Total Assets	2.6 b	2.5 b	2.7 b	3.8 b
Accounts Payable	73 m	70.8 m	60 m	126.1 m
Total Debt	561.5 m	576.2 m	624.6 m	717.9 m
Current Liabilities	517 m	521.4 m	513 m	667.1 m
Total Liabilities				2.2 b
Additional Paid-in Capital	1.7 b	1.7 b	1.8 b	1.8 b
Retained Earnings	(121.6 m)	(188 m)	(190.2 m)	(187.4 m)
Total Equity	1.3 b	1.3 b	1.4 b	1.3 b
Debt to Equity Ratio	0.4 x	0.4 x	0.4 x	0.6 x
Debt to Assets Ratio	0.2 x	0.2 x	0.2 x	0.2 x
Financial Leverage	2 x	2 x	1.9 x	3 x

Quarterly

USD	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	76.5 m	91.4 m	100.1 m	90.7 m	77.3 m	104.4 m
Current Assets	540.1 m	550.2 m	539.3 m	594.1 m	589.8 m	627.2 m
Goodwill	1.2 b	1.2 b	1.2 b	1.8 b	1.9 b	1.9 b
Total Assets	2.7 b	2.7 b	2.6 b	3.7 b	3.8 b	3.8 b
Accounts Payable	72 m	67.4 m	71.5 m	84.5 m	93.2 m	131.1 m
Current Liabilities	521 m	489.5 m	542.9 m	607.3 m	625.5 m	698.4 m
Additional Paid-in Capital	1.8 b	1.8 b	1.8 b	1.8 b	1.8 b	1.8 b
Retained Earnings	(201.3 m)	(206.6 m)	(188.2 m)	(190.2 m)	(190.2 m)	(194.5 m)
Total Equity	1.4 b	1.4 b	1.4 b	1.4 b	1.4 b	1.2 b
Financial Leverage	1.9 x	1.9 x	1.9 x	2.7 x	2.8 x	3.2 x

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	(104 m)	(66.5 m)	(2.1 m)	3 m
Depreciation and Amortization	178.8 m	174.3 m	161 m	172.4 m
Accounts Receivable	(7.7 m)	(15 m)	3.2 m	(17.8 m)
Accounts Payable	23.8 m	(1.9 m)	(12 m)	40.5 m
Cash From Operating Activities	81 m	103.5 m	211.6 m	269 m
Capital Expenditures	(74.1 m)	(26.4 m)	(18.3 m)	(35.5 m)
Cash From Investing Activities	(252.1 m)	(108.7 m)	(289 m)	(1.2 b)
Cash From Financing Activities	131.9 m	(4.3 m)	142.3 m	865.3 m
Free Cash Flow	6.9 m	77.1 m	193.3 m	233.5 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	(38.5 m)	(64.3 m)	(10.1 m)	(13.3 m)	(18.4 m)	2.1 m	(9 k)	148 k	(8.6 m)
Depreciation and Amortization	88.7 m	131.5 m	41.7 m	83.5 m	124.5 m	34.5 m	76.6 m	120.5 m	49.7 m
Accounts Receivable	(23.4 m)	(22.3 m)	5.2 m	11.2 m	7.1 m	(12.3 m)	(12.4 m)	(12.7 m)	(8 m)
Accounts Payable	3.8 m	13.7 m	11.8 m	(481 k)	(2.1 m)	17 m	15.8 m	26.3 m	2.9 m
Cash From Operating Activities	38.3 m	52 m	58.5 m	88.8 m	128.3 m	75.9 m	132.1 m	185.2 m	75.5 m
Capital Expenditures	(17.3 m)	(20.7 m)	(6.1 m)	(9.6 m)	(14.2 m)	(7.8 m)	(16.6 m)	(25 m)	(14.5 m)
Cash From Investing Activities	(49.3 m)	(90.6 m)	(14.9 m)	(249.4 m)	(265.2 m)	(23.4 m)	(979.9 m)	(1.1 b)	(52.5 m)
Cash From Financing Activities	(13 m)	12.9 m	(7.9 m)	184.3 m	176.2 m	(69.9 m)	821.3 m	826 m	(15.6 m)
Free Cash Flow	21 m	31.3 m	52.4 m	79.2 m	114.1 m	68.2 m	115.5 m	160.1 m	61 m

Ratios

USD	Y, 2017
Revenue/Employee	55.1 k
Financial Leverage	3.2 x

Allscripts Operating Metrics

Allscripts's Enterprise Customers was reported to be 2.5 k in FY, 2016. Allscripts's Customers was reported to be 180 k in FY, 2016. Allscripts's Backlog was reported to be $4.1 b in FY, 2016, which is a 11% increase from the previous period

	FY, 2015	FY, 2016
Backlog	$3.7 b	$4.1 b
Customers		180 k
Enterprise Customers		2.5 k

Source: SEC Filings

Allscripts Market Value History

Allscripts Revenue Breakdown

Allscripts Median Salaries

Source: 278 public H-1B filings from Allscripts

Market Position of Allscripts

Competitors

Allscripts

Company Growth (employees)

Key People at Allscripts

Paul Black

Allscripts Office Locations

Allscripts Data and Metrics

Allscripts Financial Metrics

Summary

Revenue (Q1, 2017)

Gross profit (Q1, 2017)

Gross profit margin (Q1, 2017), %

Net income (Q1, 2017)

EBIT (Q1, 2017)

Market capitalization (17-Aug-2017)

Cash (31-Mar-2017)

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

R&D expense

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Pre tax profit

Income tax expense

Net Income

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

R&D expense

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Pre tax profit

Income tax expense

Net Income

Balance Sheet

Cash

Accounts Receivable

Inventories

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Total Debt

Current Liabilities

Total Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio

Financial Leverage

Cash

Current Assets

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash Flow

Net Income

Depreciation and Amortization

Accounts Receivable

Accounts Payable

Cash From Operating Activities

Capital Expenditures

Cash From Investing Activities

Cash From Financing Activities