Q2 Software (QTWO) stock price, revenue, and financials

Q2 Software market cap is $4.6 b, and annual revenue was $402.75 m in FY 2020

$4.6 B

QTWO Mkt cap, 14-Oct-2021

$123.6 M

Q2 Software Revenue Q2, 2021
Q2 Software Gross profit (Q2, 2021)55.3 M
Q2 Software Gross profit margin (Q2, 2021), %44.8%
Q2 Software Net income (Q2, 2021)-30.1 M
Q2 Software EBIT (Q2, 2021)-19.9 M
Q2 Software Cash, 30-Jun-2021317.9 M
Q2 Software EV4.8 B
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Q2 Software Revenue

Q2 Software revenue was $402.75 m in FY, 2020 which is a 27.7% year over year increase from the previous period.

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Q2 Software Revenue Breakdown

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Q2 Software revenue breakdown by business segment: 14.9% from Services and Other , 13.8% from Transactional and 71.3% from Subscription

Q2 Software Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

241.1m315.5m402.8m

Revenue growth, %

31%28%

Cost of goods sold

121.9m162.5m228.2m

Gross profit

119.2m153.0m174.6m

Gross profit Margin, %

49%48%43%

Sales and marketing expense

48.1m63.9m72.3m

R&D expense

51.3m76.3m97.4m

General and administrative expense

45.0m56.7m70.9m

Operating expense total

151.1m219.7m274.4m

Depreciation and amortization

1.8m6.3m17.9m

EBIT

(31.8m)(66.7m)(99.8m)

EBIT margin, %

(13%)(21%)(25%)

Interest expense

10.2m20.3m28.6m

Interest income

2.8m3.7m1.2m

Pre tax profit

(39.2m)(83.4m)(136.2m)

Income tax expense

(3.8m)(12.5m)1.4m

Net Income

(35.4m)(70.9m)(137.6m)

EPS

(0.8)(1.5)(2.6)

Q2 Software Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

108.3m100.1m407.7m

Accounts Receivable

19.7m22.4m36.4m

Prepaid Expenses

4.0m6.4m8.9m

Current Assets

218.3m186.3m616.2m

PP&E

35.0m39.3m49.6m

Goodwill

107.9m462.0m462.3m

Total Assets

463.7m1.0b1.4b

Accounts Payable

9.2m11.0m7.9m

Short-term debt

9.1m6.8m

Current Liabilities

73.7m133.0m145.8m

Long-term debt

182.7m460.9m594.2m

Total Debt

182.7m470.0m601.1m

Total Liabilities

304.8m630.0m773.3m

Common Stock

4.0k5.0k6.0k

Additional Paid-in Capital

331.4m622.7m1.0b

Retained Earnings

(172.4m)(243.3m)(381.2m)

Total Equity

158.9m379.4m643.4m

Debt to Equity Ratio

1.1 x1.2 x0.9 x

Debt to Assets Ratio

0.4 x0.5 x0.4 x

Financial Leverage

2.9 x2.7 x2.2 x

Quarterly

USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

255.4m176.7m211.8m110.5m582.9m601.2m83.1m376.3m365.2m370.7m317.9m

Accounts Receivable

16.9m27.0m23.1m19.5m26.6m24.3m26.6m33.6m42.1m36.1m38.7m

Prepaid Expenses

4.7m4.7m4.8m6.5m5.5m6.1m9.3m8.9m9.0m17.0m9.4m

Current Assets

330.5m327.4m342.8m209.2m669.9m688.8m178.8m464.5m480.6m616.9m495.4m

PP&E

36.6m36.7m35.1m40.7m39.7m39.9m48.7m50.3m51.6m61.6m65.4m

Goodwill

12.9m12.9m12.9m107.9m107.9m107.9m462.3m462.3m462.3m462.3m512.9m

Total Assets

421.9m418.8m435.1m490.4m951.8m977.7m1.0b1.3b1.3b1.4b1.4b

Accounts Payable

6.4m6.6m7.9m10.3m8.4m8.6m12.8m7.0m15.4m14.3m11.4m

Short-term debt

6.9m6.7m7.5m9.0m8.8m8.4m6.6m7.8m

Current Liabilities

61.8m54.6m61.0m100.4m99.7m116.2m140.5m119.8m145.1m153.4m153.0m

Long-term debt

175.2m177.6m180.1m212.9m440.4m449.6m464.0m469.6m473.4m564.5m537.9m

Total Debt

175.2m177.6m180.1m219.8m447.1m457.1m472.9m478.4m481.8m571.1m545.7m

Total Liabilities

267.0m260.5m275.1m338.0m565.9m595.8m641.6m634.1m656.3m787.5m786.1m

Common Stock

4.0k4.0k4.0k4.0k5.0k5.0k5.0k5.0k5.0k6.0k6.0k

Preferred Stock

Additional Paid-in Capital

298.1m310.2m320.6m344.0m594.8m609.3m638.7m964.2m980.7m1.0b1.0b

Retained Earnings

(143.1m)(151.7m)(160.6m)(191.7m)(209.1m)(227.6m)(277.7m)(316.6m)(343.4m)(406.8m)(437.0m)

Total Equity

154.9m158.3m160.0m152.4m385.9m381.8m360.9m647.5m637.3m633.0m597.5m

Debt to Equity Ratio

1.1 x1.1 x1.1 x1.4 x1.2 x1.2 x1.3 x0.7 x0.8 x

Debt to Assets Ratio

0.4 x0.4 x0.4 x0.4 x0.5 x0.5 x0.5 x0.4 x0.4 x

Financial Leverage

2.7 x2.6 x2.7 x3.2 x2.5 x2.6 x2.8 x2 x2 x2.2 x2.3 x

Q2 Software Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

(35.4m)(70.9m)(137.6m)

Depreciation and Amortization

16.8m28.5m51.8m

Accounts Receivable

(4.7m)372.0k(14.6m)

Accounts Payable

(263.0k)1.1m(2.3m)

Cash From Operating Activities

4.6m567.0k(2.9m)

Purchases of PP&E

(13.3m)(13.9m)(23.7m)

Cash From Investing Activities

(171.3m)(483.3m)(124.2m)

Long-term Borrowings

181.5m307.0m166.7m

Cash From Financing Activities

216.6m476.1m434.7m

Net Change in Cash

49.9m(6.6m)307.6m

Interest Paid

810.0k2.9m4.1m

Income Taxes Paid

215.0k(1.0k)566.0k

Q2 Software Ratios

USDQ1, 2018

Debt/Equity

1.1 x

Debt/Assets

0.4 x

Financial Leverage

2.7 x

Q2 Software Operating Metrics

Q2 Software's Enterprise Customers was reported to be 450 in FY, 2020. Q2 Software's Registered Users was reported to be 17.8 m in FY, 2020.
FY, 2018FY, 2019FY, 2020

Customer Transactions

762 b996 b1.4 t

Enterprise Customers

401414450

Patent Applications (US)

9109

Patents (US)

234

Registered Users

12.8 m14.6 m17.8 m

Q2 Software Human Capital

Gender

FY, 2020
Male (Board), percent38.5%
Female (Board), percent11.5%
Male, percent32.5%
Female, percent17.5%

Q2 Software Employee Rating

3.8266 votes
Culture & Values
3.8
Work/Life Balance
3.2
Senior Management
3.3
Salary & Benefits
3.7
Career Opportunities
3.5
Source