Synchronoss Technologies (SNCR) stock price, revenue, and financials

Synchronoss Technologies market cap is $100.3 m, and annual revenue was $291.67 m in FY 2020

$100.3 M

SNCR Mkt cap, 15-Oct-2021

$65.5 M

Synchronoss Technologies Revenue Q1, 2021
Synchronoss Technologies Gross profit (Q1, 2021)36.9 M
Synchronoss Technologies Gross profit margin (Q1, 2021), %56.3%
Synchronoss Technologies Net income (Q1, 2021)-12.4 M
Synchronoss Technologies EBIT (Q1, 2021)-9 M
Synchronoss Technologies Cash, 31-Mar-202129.8 M
Synchronoss Technologies EV122.3 M
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Synchronoss Technologies Revenue Breakdown

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Synchronoss Technologies revenue breakdown by business segment: 29.9% from Messaging, 17.4% from Digital and 52.7% from Cloud

Synchronoss Technologies revenue breakdown by geographic segment: 8.9% from EMEA, 15.9% from APAC and 75.2% from Americas

Synchronoss Technologies Income Statement

Annual

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

Revenue

402.4m325.8m308.7m291.7m

Revenue growth, %

(19%)(5%)

Cost of goods sold

181.5m158.8m150.4m

Gross profit

220.9m167.0m158.3m

Gross profit Margin, %

55%51%51%

R&D expense

90.9m79.2m75.6m77.0m

General and administrative expense

154.0m122.1m112.8m89.3m

Operating expense total

350.5m331.3m266.1m166.3m

Depreciation and amortization

94.9m117.7m77.0m43.7m

EBIT

(129.6m)(164.3m)(107.8m)(48.1m)

EBIT margin, %

(32%)(50%)(35%)(16%)

Interest expense

55.8m4.9m1.4m

Interest income

12.5m7.8m1.3m1.6m

Investment income

(9.1m)(28.6m)(1.6m)

Pre tax profit

(229.1m)(263.2m)(101.3m)(37.5m)

Income tax expense

(34.9m)(17.9m)2.2m(27.1m)

Net Income

(118.7m)(227.0m)(103.5m)(10.4m)

EPS

(4.1)(6.0)(3.4)

Synchronoss Technologies Balance Sheet

Annual

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

Cash

156.3m103.8m39.0m33.7m

Accounts Receivable

78.2m102.8m65.9m47.8m

Prepaid Expenses

43.6m45.1m33.2m39.8m

Current Assets

371.0m294.5m142.9m121.4m

PP&E

111.8m67.9m26.5m11.7m

Goodwill

237.3m224.9m223.0m232.8m

Total Assets

965.4m703.3m532.0m482.3m

Accounts Payable

6.0m13.6m21.6m12.7m

Short-term debt

113.5m10.0m

Current Liabilities

192.5m243.8m153.4m125.1m

Long-term debt

238.9m9.5m61.0m

Total Debt

238.9m123.0m61.0m10.0m

Total Liabilities

501.8m514.3m455.9m

Common Stock

5.0k5.0k5.0k5.0k

Preferred Stock

176.6m200.9m237.6m

Additional Paid-in Capital

597.6m534.7m525.7m499.3m

Retained Earnings

(5.0m)(233.3m)(334.3m)(345.8m)

Total Equity

463.6m188.9m76.1m43.3m

Debt to Equity Ratio

0.5 x

Debt to Assets Ratio

0.2 x

Financial Leverage

2.1 x3.7 x7 x11.1 x

Synchronoss Technologies Cash Flow

Annual

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

Net Income

(194.2m)(245.3m)(103.5m)(10.4m)

Depreciation and Amortization

93.9m97.1m77.0m

Accounts Receivable

29.3m(21.5m)10.9m11.7m

Accounts Payable

(9.1m)6.8m8.9m(7.1m)

Cash From Operating Activities

(18.2m)(31.4m)32.6m(564.0k)

Purchases of PP&E

(12.2m)(11.7m)(8.2m)(885.0k)

Cash From Investing Activities

98.2m(67.3m)19.4m(14.3m)

Short-term Borrowings

(29.0m)(2.0m)

Long-term Borrowings

(903.0m)(115.0m)(114.2m)

Dividends Paid

(7.1m)(7.1m)

Cash From Financing Activities

(35.7m)(35.9m)(121.3m)10.0m

Net Change in Cash

34.7m(136.3m)(70.9m)(5.3m)

Interest Paid

56.0m3.3m666.0k212.0k

Income Taxes Paid

7.6m22.5m3.6m6.1m

Synchronoss Technologies Ratios

USDFY, 2017

Revenue/Employee

281.8k

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.1 x

Synchronoss Technologies Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019Oct, 2020

Patents Issued

100120100

Daily Data Connections

7 m7 m4 m4 m4 m

Patent Applications (US)

37

Patents (US)

50

Registered Devices

65 m65 m95 m95 m95 m

Synchronoss Technologies Employee Rating

3.8493 votes
Culture & Values
3.3
Work/Life Balance
3.5
Senior Management
2.9
Salary & Benefits
3.4
Career Opportunities
3
Source