PFMT - Performant Financial Corporation
NASDAQ
->
Industrials
->
Specialty Business Services
Livermore,
United States
Type: Equity
PFMT price evolution
PFMT
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $10.42 | $3.79 | $7.33 | $17.39 |
| Short term investments | ||||
| Net receivables | $14.07 | $14.28 | $17.58 | $14.13 |
| Inventory | ||||
| Total current assets | $38.14 | $34.08 | $39.78 | $41.99 |
| Long term investments | ||||
| Property, plant & equipment | $15.62 | $16.45 | $10.26 | $10.44 |
| Goodwill & intangible assets | $47.37 | $47.37 | $47.37 | $47.37 |
| Total noncurrent assets | $64.3 | $65.16 | $59.25 | $58.72 |
| Total investments | ||||
| Total assets | $102.44 | $99.24 | $99.03 | $100.71 |
| Current liabilities | ||||
| Accounts payable | $0.89 | $2.15 | $0.73 | $0.87 |
| Deferred revenue | $0.85 | $0.49 | $0.49 | $0.5 |
| Short long term debt | $0.48 | $0.28 | $0.25 | $2 |
| Total current liabilities | $14.37 | $12.4 | $12.38 | $12.07 |
| Long term debt | $0.47 | $5.53 | $5.29 | $9.4 |
| Total noncurrent liabilities | $12.2 | $9.19 | $5.94 | $10.31 |
| Total debt | $0.95 | $5.81 | $5.54 | $11.41 |
| Total liabilities | $26.57 | $21.59 | $18.32 | $22.38 |
| Shareholders' equity | ||||
| Retained earnings | -$72.31 | -$69.32 | -$65.3 | -$66.56 |
| Other shareholder equity | ||||
| Total shareholder equity | $75.87 | $77.65 | $80.71 | $78.33 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $7.33 | $23.46 | $19.55 | $18.3 |
| Short term investments | ||||
| Net receivables | $17.58 | $30.38 | $20.81 | $23.22 |
| Inventory | ||||
| Total current assets | $39.78 | $57.51 | $54.71 | $54.52 |
| Long term investments | ||||
| Property, plant & equipment | $10.26 | $12.95 | $18.94 | $22.54 |
| Goodwill & intangible assets | $47.37 | $47.37 | $47.37 | $48.06 |
| Total noncurrent assets | $59.25 | $61.33 | $67.28 | $71.71 |
| Total investments | ||||
| Total assets | $99.03 | $118.83 | $121.98 | $126.23 |
| Current liabilities | ||||
| Accounts payable | $0.73 | $1.26 | $1.12 | $0.5 |
| Deferred revenue | $0.49 | $0.44 | $0.63 | $0.87 |
| Short long term debt | $0.25 | $2.21 | $2.35 | $62.28 |
| Total current liabilities | $12.38 | $14.21 | $17.51 | $77.21 |
| Long term debt | $5.29 | $18.18 | $20.89 | $3.44 |
| Total noncurrent liabilities | $5.94 | $20.14 | $22.05 | $7.04 |
| Total debt | $5.54 | $21.47 | $23.24 | $65.73 |
| Total liabilities | $18.32 | $34.35 | $39.56 | $84.25 |
| Shareholders' equity | ||||
| Retained earnings | -$65.3 | -$57.78 | -$51.25 | -$40.96 |
| Other shareholder equity | ||||
| Total shareholder equity | $80.71 | $84.48 | $82.42 | $41.98 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $29.36 | $27.33 | $32.57 | $29.96 |
| Cost of revenue | ||||
| Gross Profit | $29.36 | $27.33 | $32.57 | $29.96 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $32.1 | $31.25 | $30.66 | $30.61 |
| Total operating expenses | $32.1 | $31.25 | $30.66 | $30.61 |
| Operating income | -$2.74 | -$3.92 | $1.91 | -$0.65 |
| Income from continuing operations | ||||
| EBIT | -$2.68 | -$3.81 | $2.07 | -$0.56 |
| Income tax expense | $0.02 | $0.02 | $0.03 | -$0.41 |
| Interest expense | $0.3 | $0.19 | $0.79 | $0.42 |
| Net income | ||||
| Net income | -$3 | -$4.02 | $1.25 | -$0.58 |
| Income (for common shares) | -$3 | -$4.02 | $1.25 | -$0.58 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $113.74 | $109.18 | $124.39 | $155.94 |
| Cost of revenue | ||||
| Gross Profit | $113.74 | $109.18 | $124.39 | $155.94 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $119.87 | $116.08 | $125.71 | $142.9 |
| Total operating expenses | $119.87 | $114.96 | $125.71 | $169.9 |
| Operating income | -$6.13 | -$5.78 | -$1.32 | -$13.96 |
| Income from continuing operations | ||||
| EBIT | -$5.88 | -$5.4 | $1.09 | -$13.94 |
| Income tax expense | -$0.34 | $0.13 | $0.06 | -$7.18 |
| Interest expense | $1.97 | $1.01 | $11.31 | $7.23 |
| Net income | ||||
| Net income | -$7.52 | -$6.54 | -$10.29 | -$13.99 |
| Income (for common shares) | -$7.52 | -$6.54 | -$10.29 | -$13.99 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Net income | -$3 | -$4.02 | $1.25 | -$0.58 |
| Operating activities | ||||
| Depreciation | $2.04 | $1.51 | $1.5 | $1.25 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $1.3 | $0.96 | $1.12 | $1.13 |
| Total cash flows from operations | $4.58 | $0.12 | -$1.89 | $3.48 |
| Investing activities | ||||
| Capital expenditures | -$0.86 | -$3.65 | -$1.19 | -$0.62 |
| Investments | ||||
| Total cash flows from investing | -$0.86 | -$3.65 | -$1.19 | -$0.62 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | $3 | -$0.01 | -$6.98 | -$0.4 |
| Total cash flows from financing | $2.91 | -$0.01 | -$6.98 | -$0.54 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $6.64 | -$3.54 | -$10.06 | $2.33 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$7.52 | -$6.54 | -$10.29 | -$13.99 |
| Operating activities | ||||
| Depreciation | $6.71 | $5.7 | $7 | $7.01 |
| Business acquisitions & disposals | $0 | $0.38 | $3.15 | |
| Stock-based compensation | $3.94 | $3.04 | $2.64 | $2.61 |
| Total cash flows from operations | $3.86 | -$2.88 | $0.92 | $20.81 |
| Investing activities | ||||
| Capital expenditures | -$4.14 | $1.35 | -$3.42 | -$3.79 |
| Investments | ||||
| Total cash flows from investing | -$4.14 | $1.73 | -$0.27 | -$3.79 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $5.56 | $42.69 | ||
| Net borrowings | -$15.66 | -$0.5 | -$41.44 | -$3.45 |
| Total cash flows from financing | -$15.85 | $5.06 | $0.61 | -$3.72 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$16.13 | $3.92 | $1.25 | $13.3 |
News
Fundamentals
| Market cap | $282.30M |
|---|---|
| Enterprise value | $272.82M |
| Shares outstanding | 76.92M |
| Revenue | $119.22M |
|---|---|
| EBITDA | $1.29M |
| EBIT | -$4.99M |
| Net Income | -$6.34M |
| Revenue Q/Q | N/A |
| Revenue Y/Y | N/A |
| P/E ratio | -44.54 |
|---|---|
| EV/Sales | 2.29 |
| EV/EBITDA | 210.84 |
| EV/EBIT | -54.64 |
| P/S ratio | 2.37 |
| P/B ratio | 3.72 |
| Book/Share | 0.99 |
| Cash/Share | 0.14 |
| EPS | -$0.08 |
|---|---|
| ROA | -6.32% |
| ROE | -8.11% |
| Debt/Equity | 0.23 |
|---|---|
| Net debt/EBITDA | 12.48 |
| Current ratio | 2.65 |
| Quick ratio | 2.65 |