Nuance market cap is $6.4 b, and annual revenue was $1.82 b in FY 2019

Nuance Gross profit (Q2, 2020)212.2 M

Nuance Gross profit margin (Q2, 2020), %57.5%

Nuance Net income (Q2, 2020)-13.5 M

Nuance EBIT (Q2, 2020)25.1 M

Nuance Cash, 31-Mar-2020397.9 M

Nuance EV7.9 B

Nuance revenue was $1.82 b in FY, 2019 which is a 11.1% year over year decrease from the previous period.

Nuance revenue breakdown by business segment: 16.6% from Automotive, 28.0% from Enterprise , 52.1% from Healthcare and 3.4% from Other

Nuance revenue breakdown by geographic segment: 25.0% from International and 75.0% from United States

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Revenue | 1.9b | 1.9b | 2.1b | 1.8b |

| 1% | 0% | 6% | (11%) |

## Cost of goods sold | 829.5m | 853.8m | 873.6m | 779.9m |

## Gross profit | 1.1b | 1.1b | 1.2b | 1.0b |

| 57% | 56% | 57% | 57% |

## Sales and marketing expense | 390.9m | 398.1m | 388.3m | 303.5m |

## R&D expense | 271.1m | 266.1m | 305.3m | 275.9m |

## General and administrative expense | 168.5m | 166.7m | 229.8m | 175.0m |

## Operating expense total | 980.9m | 1.0b | 1.3b | 910.5m |

## Depreciation and amortization | 108.0m | 113.9m | 91.1m | 103.6m |

## EBIT | 138.5m | 52.0m | (86.9m) | 132.7m |

| 7% | 3% | (4%) | 7% |

## Interest expense | 132.7m | 156.9m | 137.3m | 120.1m |

## Interest income | 4.4m | 6.9m | 9.3m | 13.7m |

## Pre tax profit | 1.7m | (119.0m) | (216.7m) | 25.7m |

## Income tax expense | 14.2m | 32.0m | (56.8m) | (88.6m) |

## Net Income | (12.5m) | (151.0m) | (159.9m) | 213.8m |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Cash | 481.6m | 592.3m | 316.0m | 561.0m |

## Accounts Receivable | 380.0m | 395.4m | 378.8m | 308.6m |

## Current Assets | 1.0b | 1.3b | 928.6m | 1.3b |

## PP&E | 185.2m | 176.5m | 155.9m | 141.3m |

## Goodwill | 3.5b | 3.6b | 3.5b | 3.2b |

## Total Assets | 5.7b | 5.9b | 5.3b | 5.4b |

## Accounts Payable | 94.6m | 94.6m | 84.5m | 104.9m |

## Short-term debt | 376.1m | 1.1b | ||

## Current Liabilities | 690.9m | 1.1b | 764.2m | 1.8b |

## Long-term debt | 2.4b | 2.2b | 2.2b | 793.5m |

## Total Debt | 2.4b | 2.6b | 2.2b | 1.9b |

## Total Liabilities | 3.7b | 4.0b | 3.6b | 3.2b |

## Common Stock | 291.0k | 294.0k | 291.0k | 290.0k |

## Additional Paid-in Capital | 2.5b | 2.6b | 2.6b | 2.6b |

## Retained Earnings | (429.0m) | (580.0m) | (740.8m) | (293.6m) |

## Total Equity | 1.9b | 1.9b | 1.7b | 2.2b |

## Debt to Equity Ratio | 1.3 x | 1.4 x | 1.3 x | 0.9 x |

## Debt to Assets Ratio | 0.4 x | 0.4 x | 0.4 x | 0.4 x |

## Financial Leverage | 2.9 x | 3.1 x | 3.1 x | 2.5 x |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Net Income | 213.8m | |||

## Depreciation and Amortization | 231.5m | 234.4m | 210.3m | 158.8m |

## Accounts Receivable | 25.5m | (6.3m) | 19.6m | 1.1m |

## Accounts Payable | 38.2m | (1.2m) | (14.3m) | 22.9m |

## Cash From Operating Activities | 565.8m | 378.9m | 444.4m | 401.4m |

## Capital Expenditures | (54.9m) | (61.8m) | (48.8m) | (44.2m) |

## Cash From Investing Activities | (263.0m) | (334.2m) | (37.3m) | 296.0m |

## Long-term Borrowings | (513.2m) | (634.6m) | (482.4m) | (300.0m) |

## Cash From Financing Activities | (305.1m) | 67.1m | (680.3m) | (452.0m) |

## Net Change in Cash | 2.2m | 110.7m | (276.3m) | 245.0m |

## Free Cash Flow | 510.9m | 317.0m | 395.6m | 357.2m |

USD | Y, 2020 |
---|---|

## EV/EBIT | 314.2 x |

## EV/CFO | 55.8 x |

## Financial Leverage | 3.4 x |

FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## New Bookings | $2.40 b | $303.80 m | $304.70 m | $484.40 m | $1.50 b | $308.70 m | $313.70 m | $362.90 m | $1.50 b | $380.30 m | $410.40 m | $438.50 m | $1.70 b | $418.40 m | $376.60 m | $471.10 m | $1.70 b | ||||

## Patents Issued | 3.30 k | 3.60 k | 3.65 k | 4.50 k | 4.07 k | 3.55 k | |||||||||||||||

## Patent Applications | 1 k | 1 k | 900 | 800 | 575 | 450 | |||||||||||||||

## Countries | 65 | 77 | 79 | 81 | 85 | ||||||||||||||||

## Remaining Performance Obligations | $2 m | $2 m | $2.01 m | $2.10 m |

- Source: SEC Filings