PRGS - Progress Software Corporation
NASDAQ
->
Technology
->
Software—Application
Bedford,
United States
Type: Equity
PRGS price evolution
PRGS
| (in millions $) | 31 Mar 2024 | 31 Jan 2024 | 30 Sep 2023 | 1 Jul 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $133.22 | $126.96 | $138 | $125.53 |
| Short term investments | ||||
| Net receivables | $151.63 | $184.16 | $164.51 | $158.87 |
| Inventory | ||||
| Total current assets | $297.26 | $330.79 | $302.84 | $281.08 |
| Long term investments | ||||
| Property, plant & equipment | $29.4 | $33.94 | $36.76 | $38.05 |
| Goodwill & intangible assets | $1160.82 | $1186.38 | $1204.87 | $1230.46 |
| Total noncurrent assets | $1250.51 | $1271.99 | $1294.63 | $1320.8 |
| Total investments | ||||
| Total assets | $1547.77 | $1602.78 | $1597.47 | $1601.88 |
| Current liabilities | ||||
| Accounts payable | $18.36 | $20.75 | $17.08 | $15.35 |
| Deferred revenue | $296.13 | $295.04 | $279.77 | $283.64 |
| Short long term debt | $9.82 | $23.22 | $21.48 | $19.76 |
| Total current liabilities | $312.21 | $352.12 | $324.7 | $323.49 |
| Long term debt | $702.47 | $723.88 | $758.72 | $794.02 |
| Total noncurrent liabilities | $773.82 | $790.95 | $827.72 | $859.58 |
| Total debt | $712.29 | $747.11 | $780.2 | $813.78 |
| Total liabilities | $1086.03 | $1143.07 | $1152.42 | $1183.07 |
| Shareholders' equity | ||||
| Retained earnings | $123.43 | $120.86 | $115.13 | $104 |
| Other shareholder equity | -$34.4 | -$32.16 | -$31.59 | -$32.72 |
| Total shareholder equity | $461.74 | $459.71 | $445.05 | $418.81 |
| (in millions $) | 31 Jan 2024 | 30 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $126.96 | $229.02 | $157.37 | $106 |
| Short term investments | ||||
| Net receivables | $184.16 | $126.99 | $143.09 | $126.09 |
| Inventory | $5.04 | |||
| Total current assets | $330.79 | $421.54 | $337.81 | $238.94 |
| Long term investments | ||||
| Property, plant & equipment | $33.94 | $32.5 | $39.6 | $60.45 |
| Goodwill & intangible assets | $1186.38 | $888.39 | $958.34 | $704.47 |
| Total noncurrent assets | $1271.99 | $985.43 | $1025.73 | $802.85 |
| Total investments | ||||
| Total assets | $1602.78 | $1406.96 | $1363.54 | $1041.78 |
| Current liabilities | ||||
| Accounts payable | $20.75 | $76.63 | $17.61 | $17.88 |
| Deferred revenue | $295.04 | $282.44 | $252.38 | $193.29 |
| Short long term debt | $23.22 | $13.71 | $33.69 | $25.26 |
| Total current liabilities | $352.12 | $318 | $322.93 | $262.54 |
| Long term debt | $723.88 | $611.85 | $557.66 | $391.23 |
| Total noncurrent liabilities | $790.95 | $694.97 | $628.12 | $433.23 |
| Total debt | $747.11 | $640.59 | $591.35 | $416.48 |
| Total liabilities | $1143.07 | $1012.98 | $951.05 | $695.77 |
| Shareholders' equity | ||||
| Retained earnings | $120.86 | $61.91 | $90.26 | $72.55 |
| Other shareholder equity | -$32.16 | -$35.17 | -$32.44 | -$32.78 |
| Total shareholder equity | $459.71 | $398.5 | $412.49 | $346.01 |
| (in millions $) | 31 Mar 2024 | 31 Jan 2024 | 30 Sep 2023 | 1 Jul 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $184.69 | $174.99 | $178.25 | |
| Cost of revenue | $32.81 | $32.92 | ||
| Gross Profit | $151.88 | $142.07 | $144.47 | |
| Operating activities | ||||
| Research & development | $34.99 | $33.14 | ||
| Selling, general & administrative | $60.45 | $59.4 | ||
| Total operating expenses | $116.87 | $112.7 | $113.98 | |
| Operating income | $35.01 | $29.37 | ||
| Income from continuing operations | ||||
| EBIT | $34.95 | $29.48 | ||
| Income tax expense | $4.97 | $1.85 | $2.52 | |
| Interest expense | $7.34 | $8.53 | ||
| Net income | ||||
| Net income | $22.64 | $19.1 | $12.09 | |
| Income (for common shares) | $22.64 | $19.1 | ||
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 30 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $694.44 | $602.01 | $442.15 | |
| Cost of revenue | $126.58 | $94.5 | $62.11 | |
| Gross Profit | $567.86 | $507.52 | $380.04 | |
| Operating activities | ||||
| Research & development | $132.4 | $114.57 | $88.6 | |
| Selling, general & administrative | $239.23 | $218.64 | $154.12 | |
| Total operating expenses | $457.34 | $375.39 | $272.31 | |
| Operating income | $110.52 | $132.13 | $107.73 | |
| Income from continuing operations | ||||
| EBIT | $110.44 | $133.04 | $106.81 | |
| Income tax expense | $9.46 | $22.19 | $16.91 | |
| Interest expense | $30.78 | $15.79 | $10.17 | |
| Net income | ||||
| Net income | $70.2 | $95.07 | $79.72 | |
| Income (for common shares) | $70.2 | $95.07 | $79.72 | |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 1 Jul 2023 |
|---|---|---|---|---|
| Net income | $22.64 | $15.34 | $19.1 | |
| Operating activities | ||||
| Depreciation | $5.85 | $4.09 | $3.77 | |
| Business acquisitions & disposals | $0.85 | |||
| Stock-based compensation | $12.46 | $10.42 | $10.07 | |
| Total cash flows from operations | $70.5 | $33.16 | $46.04 | |
| Investing activities | ||||
| Capital expenditures | -$0.31 | -$2.39 | -$1.21 | |
| Investments | ||||
| Total cash flows from investing | -$0.31 | -$2.39 | -$0.37 | -$358.06 |
| Financing activities | ||||
| Dividends paid | -$8.17 | -$7.88 | -$7.8 | -$15.87 |
| Sale and purchase of stock | -$14.92 | $1.62 | $4.01 | |
| Net borrowings | -$33.44 | -$31.72 | -$31.72 | |
| Total cash flows from financing | -$62.41 | -$42.26 | -$35.51 | $132.6 |
| Effect of exchange rate | -$1.52 | $0.45 | $2.3 | |
| Change in cash and equivalents | $6.26 | -$11.04 | $12.47 | -$130.75 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $70.2 | $95.07 | $78.42 | $79.72 |
| Operating activities | ||||
| Depreciation | $15.74 | $12.78 | $16.42 | $14.75 |
| Business acquisitions & disposals | -$355.25 | -$253.96 | -$213.06 | |
| Stock-based compensation | $40.53 | $37.09 | $29.72 | $23.48 |
| Total cash flows from operations | $173.92 | $192.16 | $178.53 | $144.85 |
| Investing activities | ||||
| Capital expenditures | -$5.57 | $19.91 | -$4.65 | -$5.63 |
| Investments | $0.44 | $1.95 | $5.95 | $11.39 |
| Total cash flows from investing | -$360.38 | $21.99 | -$250.34 | -$207.29 |
| Financing activities | ||||
| Dividends paid | -$31.55 | -$31.06 | -$31.56 | -$29.9 |
| Sale and purchase of stock | -$8.01 | -$60.88 | -$19.97 | -$48.9 |
| Net borrowings | $103.13 | -$1.66 | $231.88 | $87.21 |
| Total cash flows from financing | $51.19 | -$101.42 | $132.11 | $3.08 |
| Effect of exchange rate | $5.96 | -$11.86 | -$2.89 | $3.1 |
| Change in cash and equivalents | -$129.32 | $100.87 | $57.42 | -$56.27 |
News
Fundamentals
| Market cap | $2.26B |
|---|---|
| Enterprise value | $2.84B |
| Shares outstanding | 43.80M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | 12.46% |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 4.56 |
| Book/Share | 11.33 |
| Cash/Share | 3.04 |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | 2.49 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.95 |
| Quick ratio | 0.95 |