Ping Identity (PING) stock price, revenue, and financials

Ping Identity market cap is $2.1 b, and annual revenue was $243.59 m in FY 2020

$2.1 B

PING Mkt cap, 04-Jun-2021

$243.6 M

Ping Identity Revenue FY, 2020
Ping Identity Gross profit (FY, 2020)175.4 M
Ping Identity Gross profit margin (FY, 2020), %72%
Ping Identity Net income (FY, 2020)-11.9 M
Ping Identity EBIT (FY, 2020)-26.7 M
Ping Identity Cash, 31-Dec-2020145.7 M
Ping Identity EV2.1 B

Ping Identity Revenue

Ping Identity revenue was $243.59 m in FY, 2020

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Ping Identity Revenue Breakdown

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Ping Identity revenue breakdown by business segment: 92.8% from Subscription and 7.2% from Professional services and other

Ping Identity revenue breakdown by geographic segment: 77.5% from United States and 22.5% from Other international locations

Ping Identity Income Statement

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

172.5m201.6m242.9m243.6m

Revenue growth, %

17%21%

Cost of goods sold

35.8m44.6m55.7m68.2m

Gross profit

136.7m157.0m187.2m175.4m

Gross profit Margin, %

79%78%77%72%

Sales and marketing expense

49.5m60.1m78.9m88.9m

R&D expense

26.2m36.2m46.0m48.9m

General and administrative expense

20.2m28.4m38.3m47.2m

Operating expense total

112.4m141.1m179.8m202.0m

Depreciation and amortization

16.5m16.3m16.6m17.0m

EBIT

24.3m15.9m7.4m(26.7m)

EBIT margin, %

14%8%3%(11%)

Interest expense

19.3m15.8m12.9m

Pre tax profit

5.8m(10.1m)(9.7m)(26.1m)

Income tax expense

(13.2m)3.4m(8.2m)(14.3m)

Net Income

19.0m(13.4m)(1.5m)(11.9m)

EPS

0.3(0.2)0.0

Ping Identity Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

21.0m83.5m67.6m145.7m

Accounts Receivable

48.9m50.1m67.6m82.3m

Prepaid Expenses

3.6m10.6m12.8m17.6m

Current Assets

121.5m201.4m227.7m316.7m

PP&E

5.1m5.6m11.2m9.4m

Goodwill

401.7m417.7m417.7m441.2m

Total Assets

776.2m857.0m872.8m990.5m

Accounts Payable

1.8m1.8m1.1m2.8m

Short-term debt

2.5m4.0m

Current Liabilities

52.0m62.1m74.0m80.5m

Long-term debt

165.2m241.1m50.9m166.2m

Non-Current Liabilities

203.6m285.9m88.3m188.9m

Total Debt

165.2m243.6m50.9m170.2m

Total Liabilities

255.5m347.9m162.3m269.3m

Common Stock

65.0k65.0k80.0k81.0k

Additional Paid-in Capital

513.2m516.0m718.4m739.1m

Retained Earnings

7.3m(6.2m)(7.7m)(19.4m)

Total Equity

520.7m509.1m710.5m721.1m

Debt to Equity Ratio

0.3 x0.5 x0.1 x

Debt to Assets Ratio

0.2 x0.3 x0.1 x

Financial Leverage

1.5 x1.7 x1.2 x1.4 x

Ping Identity Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

19.0m(13.4m)(1.5m)(11.9m)

Depreciation and Amortization

29.2m30.7m33.0m37.3m

Accounts Receivable

(10.0m)(1.5m)(18.0m)(14.7m)

Accounts Payable

(34.0k)298.0k(624.0k)1.3m

Cash From Operating Activities

3.4m22.9m5.8m22.4m

Purchases of PP&E

(2.5m)(3.4m)(8.7m)(2.6m)

Cash From Investing Activities

(6.0m)(26.7m)(19.8m)(48.3m)

Long-term Borrowings

(171.2m)(248.7m)

Cash From Financing Activities

101.0k67.1m(2.0m)103.0m

Net Change in Cash

(2.2m)62.7m(15.8m)78.1m

Interest Paid

20.8m13.6m12.2m2.3m

Income Taxes Paid

199.0k284.0k1.1m1.2m

Ping Identity Ratios

USDFY, 2017

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.5 x

Ping Identity Operating Metrics

Ping Identity's Customers was reported to be 1.4 k in FY, 2019.
FY, 2017Q2, 2018FY, 2018Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Annual Recurring Revenue

$147 m$159.6 m$183.6 m$198 m$206.7 m$224.89 m$229.96 m$235.23 m$242.59 m

Customers

1.26 k1.28 k1.36 k

Customers with >$1M Annual Revenue

2538

Customers with >$250K Annual Recurring Revenue

144202227232240242252

Retention Rate

123%116%115%115%115%114%111%110%

Ping Identity Employee Rating

4.5266 votes
Culture & Values
4.4
Work/Life Balance
4.6
Senior Management
4.3
Salary & Benefits
4.3
Career Opportunities
4.3
Source