Tyler Technologies market cap is $16.7 b, and annual revenue was $1.09 b in FY 2019

Tyler Technologies Gross profit (Q3, 2020)18.8 M

Tyler Technologies Gross profit margin (Q3, 2020), %94.1%

Tyler Technologies Cash, 30-Sept-2020518.7 M

Tyler Technologies EV16.2 B

Tyler Technologies revenue was $1.09 b in FY, 2019 which is a 16.2% year over year increase from the previous period.

Tyler Technologies revenue breakdown by business segment: 8.7% from The Appraisal and Tax and 91.3% from The Enterprise Software

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

## Revenue | 840.7m | 935.3m | 1.1b |

| 11% | 16% | |

## Cost of goods sold | 441.5m | 495.7m | 569.5m |

## Gross profit | 399.1m | 439.6m | 516.9m |

| 47% | 47% | 48% |

## R&D expense | 47.3m | 63.3m | 81.3m |

## General and administrative expense | 177.0m | 207.6m | 257.7m |

## Operating expense total | 238.2m | 287.1m | 360.5m |

## Depreciation and amortization | 36.0m | 16.2m | 21.4m |

## EBIT | 160.9m | 152.5m | 156.4m |

| 19% | 16% | 14% |

## Pre tax profit | 161.6m | 155.9m | 159.8m |

## Income tax expense | (2.3m) | 8.4m | 13.3m |

## Net Income | 163.9m | 147.5m | 146.5m |

USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 199.5m | 209.1m | 214.1m | 221.2m | 236.1m | 236.1m | 247.1m | 275.1m | 275.4m | 276.5m | 17.0m | 19.9m |

## Cost of goods sold | 105.2m | 113.3m | 110.7m | 118.4m | 126.8m | 124.4m | 131.0m | 147.3m | 144.7m | 147.4m | 1.1m | 1.2m |

## Gross profit | 94.3m | 95.9m | 103.4m | 102.8m | 109.3m | 111.6m | 116.0m | 127.9m | 130.7m | 129.1m | 15.9m | 18.8m |

| 47% | 46% | 48% | 46% | 46% | 47% | 47% | 46% | 47% | 47% | 93% | 94% |

## R&D expense | 11.6m | 11.9m | 11.8m | 13.0m | 15.8m | 17.1m | 18.9m | 20.1m | 21.1m | 22.4m | ||

## General and administrative expense | 43.1m | 43.5m | 44.7m | 47.6m | 52.3m | 52.6m | 57.8m | 65.8m | 63.9m | 67.5m | ||

## Operating expense total | 58.2m | 58.8m | 60.0m | 64.0m | 72.1m | 74.0m | 81.6m | 91.2m | 90.7m | 95.2m | ||

## Depreciation and amortization | 3.5m | 3.5m | 3.5m | 3.3m | 4.0m | 4.4m | 4.9m | 5.3m | 5.6m | 5.4m | ||

## EBIT | 36.1m | 37.1m | 43.4m | 38.8m | 37.1m | 37.6m | 34.5m | 36.7m | 40.1m | 33.9m | ||

| 18% | 18% | 20% | 18% | 16% | 16% | 14% | 13% | 15% | 12% | ||

## Pre tax profit | 36.0m | 37.0m | 43.5m | 39.4m | 37.7m | 38.6m | 35.1m | 36.4m | 40.6m | 34.9m | ||

## Income tax expense | 3.7m | 5.4m | 5.3m | 1.6m | (1.5m) | (298.0k) | 7.7m | 4.4m | 162.0k | (12.7m) | ||

## Net Income | 32.3m | 31.6m | 38.3m | 37.8m | 39.2m | 38.9m | 27.3m | 32.0m | 40.4m | 47.6m |

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

## Cash | 185.9m | 134.3m | 232.7m |

## Accounts Receivable | 227.1m | 298.9m | 374.1m |

## Prepaid Expenses | 27.3m | 33.3m | 24.7m |

## Current Assets | 496.8m | 518.9m | 679.7m |

## PP&E | 152.3m | 155.2m | 171.9m |

## Goodwill | 658.0m | 753.7m | 840.1m |

## Total Assets | 1.6b | 1.8b | 2.2b |

## Accounts Payable | 8.2m | 6.9m | 15.0m |

## Short-term debt | 6.4m | ||

## Current Liabilities | 382.3m | 423.9m | 509.1m |

## Long-term debt | 16.8m | ||

## Total Debt | 23.2m | ||

## Common Stock | 481.0k | 481.0k | 481.0k |

## Additional Paid-in Capital | 626.9m | 731.4m | 739.5m |

## Retained Earnings | 599.8m | 771.9m | 917.3m |

## Total Equity | 1.2b | 1.3b | 1.6b |

## Debt to Equity Ratio | 0 x | ||

## Debt to Assets Ratio | 0 x | ||

## Financial Leverage | 1.4 x | 1.4 x | 1.4 x |

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

## Net Income | 163.9m | 147.5m | 146.5m |

## Depreciation and Amortization | 53.9m | 61.8m | 76.7m |

## Accounts Receivable | (35.6m) | (53.8m) | (65.7m) |

## Accounts Payable | 878.0k | (2.4m) | 7.4m |

## Cash From Operating Activities | 195.8m | 250.2m | 254.7m |

## Purchases of PP&E | (43.1m) | (27.4m) | (37.2m) |

## Cash From Investing Activities | (85.4m) | (238.3m) | (245.0m) |

## Short-term Borrowings | (10.0m) | ||

## Cash From Financing Activities | 39.4m | (63.6m) | 88.7m |

## Net Change in Cash | 149.8m | (51.6m) | 98.4m |

USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|

## Net Income | 32.3m | 63.9m | 102.1m | 37.8m | 77.0m | 115.9m | 27.3m | 59.3m | 99.7m | 47.6m | 101.4m | 140.7m |

## Depreciation and Amortization | 13.1m | 26.4m | 40.1m | 14.1m | 29.6m | 45.6m | 17.3m | 36.7m | 56.5m | 20.0m | 40.3m | 60.7m |

## Accounts Receivable | 36.5m | (33.3m) | (7.1m) | 30.2m | (48.9m) | (31.4m) | 9.6m | (69.1m) | (35.5m) | 57.0m | (30.3m) | 9.4m |

## Accounts Payable | (1.2m) | 2.2m | (2.7m) | (1.8m) | (4.6m) | (4.7m) | (1.5m) | 550.0k | 1.5m | (2.0m) | (6.3m) | (3.9m) |

## Cash From Operating Activities | 48.2m | 49.6m | 142.4m | 44.6m | 67.2m | 179.4m | 24.0m | 48.5m | 178.5m | 56.7m | 96.5m | 266.3m |

## Purchases of PP&E | (19.8m) | (30.1m) | (37.7m) | (8.9m) | (15.0m) | (23.5m) | (12.3m) | (24.1m) | (28.8m) | (9.3m) | (16.3m) | (19.1m) |

## Cash From Investing Activities | (20.1m) | (40.4m) | (75.8m) | (41.0m) | (208.0m) | (222.3m) | (194.9m) | (195.5m) | (203.2m) | (15.0m) | (54.3m) | (68.2m) |

## Short-term Borrowings | (10.0m) | (10.0m) | (10.0m) | |||||||||

## Cash From Financing Activities | (531.0k) | 9.8m | 21.9m | 21.1m | 48.1m | 76.5m | 76.1m | 24.0m | 51.8m | 27.6m | 76.4m | 87.8m |

## Net Change in Cash | 27.6m | 18.9m | 88.5m | 24.7m | (92.7m) | 33.5m | (94.8m) | (123.1m) | 27.2m | 69.3m | 118.7m | 286.0m |

USD | Q1, 2017 |
---|---|

## Financial Leverage | 1.4 x |

Tyler Technologies's Backlog was reported to be $1.5b in Q1, 2020.

FY, 2014 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | Q1, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Bookings | $702 m | $844.50 m | $808.70 m | $867.60 m | $935.60 m | $953.30 m | $939 m | $1.05 b | $452 m | $259 m | $331 m | $319 m | ||||||

## Backlog | $1.10 b | $1.20 b | $1.20 b | $1.24 b | $1.25 b | $1.26 b | $1.43 b | $1.41 b | $1.46 b | $1.50 b | ||||||||

## Clients | 15 k | 15 k | 15 k | 15 k | 15 k | 15 k | ||||||||||||

## Installations to Date | 21 k | 21 k | 21 k | 26 k | 26 k |