Cornerstone OnDemand revenue was $740.92 m in FY, 2020 which is a 28.5% year over year increase from the previous period.
Cornerstone OnDemand revenue breakdown by business segment: 95.2% from Subscription and 4.8% from Other
Cornerstone OnDemand revenue breakdown by geographic segment: 36.6% from All Other Countries and 63.4% from United States
USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|
Revenue | 537.9m | 576.5m | 740.9m |
Revenue growth, % | 12% | 7% | 29% |
Cost of goods sold | 144.3m | 149.2m | 227.0m |
Gross profit | 393.5m | 427.3m | 513.9m |
Gross profit Margin, % | 73% | 74% | 69% |
Sales and marketing expense | 224.6m | 227.7m | 265.5m |
R&D expense | 77.0m | 101.2m | 112.9m |
General and administrative expense | 90.7m | 86.5m | 110.6m |
Operating expense total | 401.3m | 415.4m | 545.5m |
EBIT | (7.8m) | 11.9m | (31.6m) |
EBIT margin, % | (1%) | 2% | (4%) |
Interest expense | 28.2m | 21.6m | 63.0m |
Interest income | 7.8m | 8.2m | |
Pre tax profit | (31.2m) | (1.4m) | (86.7m) |
Income tax expense | 2.6m | 2.7m | (46.8m) |
Net Income | (33.8m) | (4.1m) | (40.0m) |
EPS | (0.6) | (0.1) | (0.6) |
USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
---|---|---|---|---|---|---|---|---|
Revenue | 140.1m | 141.9m | 145.0m | 150.1m | 184.4m | 199.5m | 209.3m | 214.3m |
Cost of goods sold | 33.7m | 40.2m | 37.2m | 41.9m | 58.0m | 64.5m | 60.5m | 60.8m |
Gross profit | 106.4m | 101.7m | 107.8m | 108.2m | 126.4m | 135.0m | 148.7m | 153.6m |
Gross profit Margin, % | 76% | 72% | 74% | 72% | 69% | 68% | 71% | 72% |
Sales and marketing expense | 54.5m | 58.7m | 57.8m | 55.3m | 64.9m | 71.9m | 69.7m | 67.8m |
R&D expense | 27.7m | 24.3m | 25.7m | 24.1m | 28.3m | 29.7m | 30.8m | 27.2m |
General and administrative expense | 22.9m | 22.2m | 20.6m | 24.7m | 25.6m | 28.9m | 31.6m | 31.5m |
Operating expense total | 105.2m | 105.3m | 104.1m | 111.0m | 148.7m | 136.6m | 139.7m | 132.7m |
EBIT | 1.2m | (3.6m) | 3.7m | (2.7m) | (22.4m) | (1.6m) | 9.1m | 20.9m |
EBIT margin, % | 1% | (3%) | 3% | (2%) | (12%) | (1%) | 4% | 10% |
Interest expense | 5.4m | 5.4m | 5.4m | 5.5m | 18.2m | 19.6m | 18.8m | 16.3m |
Interest income | 2.0m | 2.2m | 2.1m | 1.7m | ||||
Pre tax profit | (2.7m) | (7.9m) | (626.0k) | (13.6m) | (41.1m) | (15.4m) | (14.6m) | 1.9m |
Income tax expense | 722.0k | 914.0k | 591.0k | 171.0k | (29.1m) | 371.0k | (2.2m) | 2.3m |
Net Income | (3.5m) | (8.8m) | (1.2m) | (13.8m) | (12.0m) | (15.8m) | (12.5m) | (371.0k) |
EPS | (0.1) | (0.1) | 0.0 | (0.2) | (0.2) | (0.2) | (0.2) | 0.0 |
USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|
Cash | 183.6m | 215.9m | 153.2m |
Accounts Receivable | 125.3m | 131.1m | 221.5m |
Prepaid Expenses | 34.9m | 30.5m | 30.6m |
Current Assets | 573.0m | 612.3m | 451.0m |
PP&E | 77.3m | 36.5m | 32.3m |
Goodwill | 47.5m | 47.5m | 961.3m |
Total Assets | 807.2m | 966.1m | 2.1b |
Accounts Payable | 11.9m | 3.8m | 1.4m |
Short-term debt | 7.2m | 20.9m | |
Current Liabilities | 400.4m | 439.7m | 597.7m |
Long-term debt | 335.1m | 360.4m | 1.2b |
Total Debt | 335.1m | 367.6m | 1.3b |
Total Liabilities | 751.2m | 807.6m | 1.9b |
Common Stock | 6.0k | 6.0k | 6.0k |
Additional Paid-in Capital | 585.4m | 682.7m | 835.1m |
Retained Earnings | (530.0m) | (524.7m) | (564.7m) |
Total Equity | 55.9m | 158.5m | 268.9m |
Debt to Equity Ratio | 6 x | 2.3 x | 4.7 x |
Debt to Assets Ratio | 0.4 x | 0.4 x | 0.6 x |
Financial Leverage | 14.4 x | 6.1 x | 7.9 x |
USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|
Net Income | (33.8m) | (4.1m) | (40.0m) |
Depreciation and Amortization | 35.3m | 41.6m | 117.0m |
Accounts Receivable | 27.2m | (5.6m) | (31.0m) |
Accounts Payable | (5.5m) | (8.8m) | (11.9m) |
Cash From Operating Activities | 90.3m | 115.5m | 96.9m |
Purchases of PP&E | (14.9m) | (18.0m) | (5.8m) |
Cash From Investing Activities | (20.9m) | (97.7m) | (1.1b) |
Long-term Borrowings | (253.0m) | (52.5m) | |
Cash From Financing Activities | (278.0m) | 14.8m | 917.2m |
Net Change in Cash | (210.0m) | 32.3m | (60.1m) |
Interest Paid | 13.6m | 17.4m | 49.9m |
Income Taxes Paid | 1.9m | 1.7m | 6.2m |
USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
---|---|---|---|---|---|---|---|---|
Net Income | (3.5m) | (12.3m) | (13.5m) | (13.8m) | (25.8m) | (41.5m) | (12.5m) | (12.8m) |
Depreciation and Amortization | 10.9m | 20.0m | 30.8m | 12.0m | 43.2m | 80.2m | 36.8m | 71.1m |
Accounts Receivable | 33.0m | 21.9m | 23.9m | 35.5m | 21.3m | 32.2m | 81.4m | 78.7m |
Accounts Payable | (2.8m) | 1.6m | (6.0m) | 523.0k | 3.8m | (6.9m) | (28.3m) | (11.6m) |
Cash From Operating Activities | 7.3m | 28.5m | 53.0m | 6.0m | 28.8m | 61.9m | 78.1m | 123.4m |
Purchases of PP&E | (4.2m) | (9.3m) | (16.0m) | (971.0k) | (2.3m) | (2.9m) | (943.0k) | (2.6m) |
Cash From Investing Activities | 159.0m | 174.3m | (30.8m) | 224.8m | (1.1b) | (1.1b) | (8.7m) | (17.8m) |
Long-term Borrowings | (102.5m) | (124.6m) | ||||||
Cash From Financing Activities | 6.8m | 8.7m | 14.1m | 10.1m | 961.9m | 965.1m | (95.0m) | (112.6m) |
Net Change in Cash | 173.4m | 211.5m | 35.1m | 240.2m | (74.3m) | (39.9m) | (24.4m) | (6.0m) |
Interest Paid | 8.7m | 8.7m | 17.4m | 8.6m | 8.7m | 38.9m | 19.0m | 27.1m |
Income Taxes Paid | 390.0k | 970.0k | 1.5m | 955.0k | 2.5m | 3.7m | 2.7m | 3.9m |
USD | FY, 2018 |
---|---|
EV/EBIT | -400 x |
EV/CFO | 34.4 x |
Revenue/Employee | 275.4k |
Debt/Equity | 6 x |
Debt/Assets | 0.4 x |
Financial Leverage | 14.4 x |
P/E Ratio | (86.9) |
FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Users | 35.3 m | 36 m | 36.7 m | 38.5 m | 40 m | 40 m | ||||||
Customers | 3.25 k | 3.28 k | 3.36 k | 3.43 k | 3.54 k | 3.5 k | 3.6 k | 3.64 k | 3.6 k | 3.6 k | 6.3 k | 6 k |
Countries | 192 | 192 | 192 | 192 | 192 | 190 | 190 | 180 | 187 | 187 | 180 | 180 |
Annual Recurring Revenue | $439 m | $473.05 m | $575 m | |||||||||
Billings | $525.82 m |