BAND - Bandwidth Inc.
NASDAQ
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Technology
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Software—Infrastructure
Raleigh,
United States
Type: Equity
BAND price evolution
BAND
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $62.04 | $105.39 | $131.99 | $107.37 |
| Short term investments | $14.4 | $41.84 | $21.49 | $31.75 |
| Net receivables | $85.58 | $89.45 | $78.16 | $75.05 |
| Inventory | ||||
| Total current assets | $181.38 | $257.03 | $252.78 | $234.39 |
| Long term investments | ||||
| Property, plant & equipment | $328.88 | $330.18 | $335.37 | $337.89 |
| Goodwill & intangible assets | $482.19 | $489.08 | $502.79 | $486.69 |
| Total noncurrent assets | $820.72 | $828.5 | $848.27 | $835.7 |
| Total investments | $14.4 | $41.84 | $21.49 | $31.75 |
| Total assets | $1002.1 | $1085.53 | $1101.05 | $1070.08 |
| Current liabilities | ||||
| Accounts payable | $31.93 | $23.41 | $34.21 | $31.21 |
| Deferred revenue | $19.94 | $20.48 | $22.49 | $20.27 |
| Short long term debt | $43.48 | $5.09 | $5.46 | $4.77 |
| Total current liabilities | $156.46 | $108.7 | $122.77 | $108.6 |
| Long term debt | $501.16 | $638.74 | $639.07 | $640.76 |
| Total noncurrent liabilities | $538.19 | $678.63 | $680.89 | $681.49 |
| Total debt | $544.63 | $643.83 | $644.54 | $645.52 |
| Total liabilities | $694.66 | $787.33 | $803.66 | $790.1 |
| Shareholders' equity | ||||
| Retained earnings | -$70.07 | -$74.12 | -$64.89 | -$53.96 |
| Other shareholder equity | -$41.02 | -$38.13 | -$28.79 | -$49.1 |
| Total shareholder equity | $307.45 | $298.2 | $297.39 | $279.99 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $131.99 | $114.62 | $332.29 | $81.44 |
| Short term investments | $21.49 | $71.23 | $40 | |
| Net receivables | $78.16 | $74.47 | $61.57 | $55.24 |
| Inventory | $40 | |||
| Total current assets | $252.78 | $279.61 | $412.88 | $193.6 |
| Long term investments | ||||
| Property, plant & equipment | $335.37 | $109.75 | $83.67 | $71.14 |
| Goodwill & intangible assets | $502.79 | $503.77 | $555.64 | $620.29 |
| Total noncurrent assets | $848.27 | $649.71 | $652.65 | $697.01 |
| Total investments | $21.49 | $71.23 | $40 | |
| Total assets | $1101.05 | $929.32 | $1065.54 | $890.61 |
| Current liabilities | ||||
| Accounts payable | $34.21 | $26.75 | $9.14 | $11.66 |
| Deferred revenue | $22.49 | $25.54 | $20.26 | $18.33 |
| Short long term debt | $5.46 | $7.45 | $5.81 | $5.51 |
| Total current liabilities | $122.77 | $114.01 | $93.5 | $92.19 |
| Long term debt | $639.07 | $480.72 | $497.4 | $299.4 |
| Total noncurrent liabilities | $680.89 | $543.13 | $559.45 | $368.5 |
| Total debt | $644.54 | $492.64 | $503.2 | $304.91 |
| Total liabilities | $803.66 | $657.14 | $652.94 | $460.69 |
| Shareholders' equity | ||||
| Retained earnings | -$64.89 | -$48.55 | -$76.87 | -$49.51 |
| Other shareholder equity | -$28.79 | -$44.21 | -$13.04 | $27.94 |
| Total shareholder equity | $297.39 | $272.18 | $412.6 | $429.92 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $173.6 | $171.03 | $165.39 | $152.01 |
| Cost of revenue | $108.77 | $105.55 | $103.34 | $92.51 |
| Gross Profit | $64.83 | $65.48 | $62.05 | $59.5 |
| Operating activities | ||||
| Research & development | $28.13 | $28.91 | $28.88 | $24.79 |
| Selling, general & administrative | $42.77 | $46.99 | $43.2 | $40.85 |
| Total operating expenses | $70.9 | $75.9 | $72.08 | $65.65 |
| Operating income | -$6.07 | -$10.42 | -$10.04 | -$6.15 |
| Income from continuing operations | ||||
| EBIT | $3.72 | -$9.43 | -$9.89 | -$5.35 |
| Income tax expense | -$0.33 | -$0.2 | $0.23 | -$0.22 |
| Interest expense | $0.81 | |||
| Net income | ||||
| Net income | $4.05 | -$9.23 | -$10.93 | -$5.13 |
| Income (for common shares) | $4.05 | -$9.23 | -$10.93 | -$5.13 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $601.12 | $573.15 | $490.91 | $343.11 |
| Cost of revenue | $364.96 | $334.8 | $272.38 | $185.25 |
| Gross Profit | $236.16 | $238.35 | $218.52 | $157.86 |
| Operating activities | ||||
| Research & development | $104.19 | $97.99 | $55.17 | $42.06 |
| Selling, general & administrative | $167.43 | $164.69 | $165.59 | $129.31 |
| Total operating expenses | $271.61 | $262.68 | $220.76 | $171.37 |
| Operating income | -$35.46 | -$24.32 | -$2.24 | -$13.51 |
| Income from continuing operations | ||||
| EBIT | -$18.5 | $20.35 | -$2.41 | -$15.3 |
| Income tax expense | -$2.96 | -$2.26 | -$3.83 | $15.01 |
| Interest expense | $0.81 | $3.05 | $28.78 | $13.67 |
| Net income | ||||
| Net income | -$16.34 | $19.57 | -$27.36 | -$43.98 |
| Income (for common shares) | -$16.34 | $19.57 | -$27.36 | -$43.98 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Net income | $4.05 | -$9.23 | -$10.93 | -$5.13 |
| Operating activities | ||||
| Depreciation | $12.3 | $12.41 | $12.03 | $10.99 |
| Business acquisitions & disposals | $0.26 | $0.21 | $0.18 | $0.23 |
| Stock-based compensation | $11.36 | $12.34 | $14.67 | $6.94 |
| Total cash flows from operations | $24.44 | $2.46 | $19.27 | $23 |
| Investing activities | ||||
| Capital expenditures | -$6.12 | -$6.87 | -$6.23 | -$4.81 |
| Investments | $27.56 | -$20.34 | $10.01 | -$1.12 |
| Total cash flows from investing | $21.7 | -$27.01 | $3.97 | -$5.7 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.02 | $0.1 | ||
| Net borrowings | -$88.83 | -$0.02 | -$0.05 | -$0.73 |
| Total cash flows from financing | -$89.21 | -$1.81 | -$0.05 | -$0.79 |
| Effect of exchange rate | -$0.21 | -$0.39 | $1.5 | -$0.91 |
| Change in cash and equivalents | -$43.29 | -$26.74 | $24.68 | $15.6 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$16.34 | $19.57 | -$27.36 | -$43.98 |
| Operating activities | ||||
| Depreciation | $41.72 | $35.6 | $42.36 | $21.61 |
| Business acquisitions & disposals | $1.25 | $1.56 | -$400.49 | |
| Stock-based compensation | $36.99 | $20.66 | $14.54 | $9.88 |
| Total cash flows from operations | $39 | $34.91 | $40.8 | $4.52 |
| Investing activities | ||||
| Capital expenditures | -$19.9 | -$64.09 | -$37.17 | -$14.59 |
| Investments | $49.49 | -$70.92 | $40 | -$40 |
| Total cash flows from investing | $30.85 | -$133.45 | $2.83 | -$455.08 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.41 | $0.16 | $0.93 | $4.07 |
| Net borrowings | -$52.13 | -$118.03 | $242.24 | $387.98 |
| Total cash flows from financing | -$52.77 | -$120 | $207.03 | $346.89 |
| Effect of exchange rate | $0.61 | $0.88 | $0.19 | $0.11 |
| Change in cash and equivalents | $17.68 | -$217.67 | $250.85 | -$103.57 |
News
Fundamentals
| Market cap | $470.26M |
|---|---|
| Enterprise value | $952.85M |
| Shares outstanding | 27.23M |
| Revenue | $662.03M |
|---|---|
| EBITDA | $26.79M |
| EBIT | -$20.95M |
| Net Income | -$21.24M |
| Revenue Q/Q | 19.01% |
| Revenue Y/Y | 12.40% |
| P/E ratio | -22.14 |
|---|---|
| EV/Sales | 1.44 |
| EV/EBITDA | 35.57 |
| EV/EBIT | -45.48 |
| P/S ratio | 0.71 |
| P/B ratio | 1.35 |
| Book/Share | 12.80 |
| Cash/Share | 2.28 |
| EPS | -$0.78 |
|---|---|
| ROA | -2.00% |
| ROE | -7.18% |
| Debt/Equity | 2.70 |
|---|---|
| Net debt/EBITDA | 23.61 |
| Current ratio | 1.16 |
| Quick ratio | 1.16 |