Went private (acquired by RealNetworks LLC) in December 2022
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RNWK - RealNetworks, Inc.

NASDAQ -> Communication Services -> Electronic Gaming & Multimedia
Seattle, United States
Type: Equity

RNWK price evolution
RNWK
(in millions $) 30 Sep 2022 30 Jul 2022 31 Mar 2022 31 Dec 2021
Current assets
Cash $10.66 $15.98 $23.41 $28.74
Short term investments $1.75
Net receivables $8.66 $8.28 $8.18 $9.56
Inventory
Total current assets $22.04 $26.87 $35.44 $41.63
Long term investments
Property, plant & equipment $4.16 $4.84 $5.51 $5.46
Goodwill & intangible assets $16.12 $16.5 $16.88 $16.98
Total noncurrent assets $24.97 $26.57 $27.44 $27.67
Total investments $1.75
Total assets $47.01 $53.44 $62.88 $69.31
Current liabilities
Accounts payable $1.95 $1.59 $2.27 $2.58
Deferred revenue $2.31 $2.4 $3.47 $2.8
Short long term debt
Total current liabilities $15.83 $14.9 $18.2 $18.48
Long term debt $1.7 $2.03 $2.39 $2.3
Total noncurrent liabilities $2.77 $3.13 $3.56 $4.76
Total debt $1.7 $2.03 $2.39 $2.3
Total liabilities $18.6 $18.03 $21.76 $23.23
Shareholders' equity
Retained earnings -$587.87 -$581.2 -$576.07 -$570.84
Other shareholder equity -$63.67 $35.41 -$61.75 -$61.52
Total shareholder equity $28.41 $35.41 $41.12 $46.07
(in millions $) 31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Current assets
Cash $28.74 $25.57 $22.18 $37.19
Short term investments $1.75 $9.96 $0.02
Net receivables $9.56 $10.23 $29.51 $11.75
Inventory
Total current assets $41.63 $47.81 $54.58 $53.58
Long term investments
Property, plant & equipment $5.46 $9.81 $14.41 $2.75
Goodwill & intangible assets $16.98 $17.38 $81.71 $16.98
Total noncurrent assets $27.67 $33.95 $105.17 $26.74
Total investments $1.75 $9.96 $0.02
Total assets $69.31 $81.76 $159.75 $80.32
Current liabilities
Accounts payable $2.58 $2.75 $4.93 $3.91
Deferred revenue $2.8 $2.17 $6.72 $2.39
Short long term debt $7.33
Total current liabilities $18.48 $22.72 $96.18 $20.1
Long term debt $2.3 $9.73 $12.37 $1
Total noncurrent liabilities $4.76 $13.15 $25.3 $3.38
Total debt $2.3 $9.73 $19.7
Total liabilities $23.23 $35.87 $121.48 $23.48
Shareholders' equity
Retained earnings -$570.84 -$548.86 -$544.01 -$524.01
Other shareholder equity -$61.52 -$60.64 -$61.32 -$61.12
Total shareholder equity $46.07 $46.15 $38.77 $56.84
(in millions $) 30 Sep 2022 30 Jul 2022 31 Mar 2022 31 Dec 2021
Revenue
Total revenue $11.71 $11.86 $13.28 $13.4
Cost of revenue $2.79 $2.74 $3.39
Gross Profit $8.92 $9.15 $10.54 $10.02
Operating activities
Research & development $4.87 $5.8 $5.31
Selling, general & administrative $10.75 $9.41 $9
Total operating expenses $15.73 $13.9 $15.5 $12.54
Operating income -$6.81 -$4.96 -$2.52
Income from continuing operations
EBIT -$6.65 -$5.12 -$2.15
Income tax expense $0.02 $0.06 $0.08 $0.35
Interest expense $0 -$0.42 $0.02 $0.02
Net income
Net income -$6.67 -$5.14 -$5.22 -$2.52
Income (for common shares) -$6.67 -$5.22 -$2.52
(in millions $) 31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Revenue
Total revenue $58.18 $68.06 $172.11 $69.51
Cost of revenue $13.76 $16.46 $103.13 $17.73
Gross Profit $44.43 $51.6 $68.99 $51.78
Operating activities
Research & development $23.13 $24.32 $34.85 $30.79
Selling, general & administrative $40.08 $38.37 $64.08 $41.85
Total operating expenses $65.3 $56.62 $101.43 $74.05
Operating income -$20.87 -$5.02 -$32.44 -$22.27
Income from continuing operations
EBIT -$21.33 -$4.78 -$18.3 -$22.79
Income tax expense $0.48 $0.06 $1.07 $2.2
Interest expense $0.17 $0.02 $0.64
Net income
Net income -$21.98 -$4.85 -$20 -$24.99
Income (for common shares) -$21.98 -$4.85 -$20 -$24.99
(in millions $) 30 Sep 2022 30 Jul 2022 31 Mar 2022 31 Dec 2021
Net income -$6.67 -$5.22 -$2.52
Operating activities
Depreciation $0.14 $0.19 $0.15
Business acquisitions & disposals
Stock-based compensation $0.73 $0.69 $0.43
Total cash flows from operations -$4.94 -$4.97 -$3.63
Investing activities
Capital expenditures -$0.05 -$0.1 -$0.19
Investments
Total cash flows from investing -$0.05 -$0.76 -$0.1 $1.86
Financing activities
Dividends paid
Sale and purchase of stock
Net borrowings
Total cash flows from financing -$0.08 -$0.02 -$0.02
Effect of exchange rate -$0.25 -$0.56 -$0.24 -$0.12
Change in cash and equivalents -$5.33 -$12.76 -$5.33 -$1.88
(in millions $) 31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net income -$21.98 -$4.85 -$20 -$24.99
Operating activities
Depreciation $0.75 $0.94 $5.83 $2.13
Business acquisitions & disposals -$0.84 $12.25 -$4.19
Stock-based compensation $4.22 $1.42 $2.88 $2.51
Total cash flows from operations -$15.04 -$10.64 -$25.37 -$19.22
Investing activities
Capital expenditures -$0.47 -$0.41 -$1.19 -$0.77
Investments $0.02 $8.76
Total cash flows from investing $0.75 -$2.57 $11.08 $3.8
Financing activities
Dividends paid
Sale and purchase of stock $20.65 $0.2 $0.2
Net borrowings -$1.05 -$0.79
Total cash flows from financing $17.96 $15.98 -$0.62 -$0.06
Effect of exchange rate -$0.5 $0.62 -$0.1 -$0.92
Change in cash and equivalents $3.17 $3.39 -$15.01 -$16.41
News
RealNetworks agrees to deal to take the company private
American City Business Journals 28 Jul 2022
RealNetworks CEO makes offer to take company private
American City Business Journals 10 May 2022
RealNetworks CEO makes offer to take company private
The Business Journals 10 May 2022
Further weakness as RealNetworks (NASDAQ:RNWK) drops 12% this week, taking five-year losses to 71%
Simply Wall St. via Yahoo Finance 14 Nov 2021
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Insider Monkey via Yahoo Finance 22 Jun 2021
What Kind Of Investors Own Most Of RealNetworks, Inc. (NASDAQ:RNWK)?
Simply Wall St. via Yahoo Finance 12 May 2021
RealNetworks Announces First Quarter 2021 Financial Results
Coindesk 02-26-21 via Yahoo Finance 12 May 2021
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Insider Monkey via Yahoo Finance 23 Apr 2021
Does RealNetworks (NASDAQ:RNWK) Have A Healthy Balance Sheet?
Simply Wall St. via Yahoo Finance 17 Apr 2021
Fundamentals
Market cap N/A
Enterprise value N/A
Shares outstanding 47.70M
Revenue $50.24M
EBITDA N/A
EBIT N/A
Net Income -$19.55M
Revenue Q/Q -18.31%
Revenue Y/Y -19.46%
P/E ratio 0.00
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio 0.00
Book/Share 1.93
Cash/Share 0.22
EPS -$0.41
ROA -33.61%
ROE -51.78%
Debt/Equity 0.50
Net debt/EBITDA N/A
Current ratio 1.39
Quick ratio 1.39