Acquired by Thoma Bravo in Oct 2022
PING - Ping Identity Holding Corp.
NYSE
->
Technology
->
Software—Infrastructure
Denver,
United States
Type: Equity
PING price evolution
PING
| (in millions $) | 30 Jun 2022 | 31 Mar 2022 | 31 Dec 2021 | 30 Sep 2021 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $210.3 | $213.29 | $220.61 | $51.02 |
| Short term investments | ||||
| Net receivables | $130.96 | $141.3 | $153.97 | $134.89 |
| Inventory | ||||
| Total current assets | $369.93 | $382.99 | $401.14 | $210.75 |
| Long term investments | ||||
| Property, plant & equipment | $20.58 | $21.89 | $23.11 | $21.55 |
| Goodwill & intangible assets | $702.18 | $711.22 | $718.63 | $725.61 |
| Total noncurrent assets | $762.11 | $770.14 | $776.89 | $773.67 |
| Total investments | ||||
| Total assets | $1132.04 | $1153.13 | $1178.03 | $984.42 |
| Current liabilities | ||||
| Accounts payable | $4.92 | $9.66 | $4.53 | $1.72 |
| Deferred revenue | $85.09 | $74.74 | $77.54 | $49.73 |
| Short long term debt | $6.19 | $6.25 | $5.46 | $4.08 |
| Total current liabilities | $122.88 | $112.98 | $121.51 | $81.67 |
| Long term debt | $301.93 | $303.76 | $305.29 | $133.33 |
| Total noncurrent liabilities | $307.77 | $308.83 | $315.12 | $145.91 |
| Total debt | $308.11 | $310.01 | $310.76 | $137.41 |
| Total liabilities | $430.66 | $421.81 | $436.63 | $227.58 |
| Shareholders' equity | ||||
| Retained earnings | -$151.89 | -$104.04 | -$83.79 | -$57.76 |
| Other shareholder equity | -$2.78 | -$0.18 | $0.65 | $0.66 |
| Total shareholder equity | $701.39 | $731.31 | $741.4 | $756.84 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $220.61 | $145.73 | $67.64 | $83.5 |
| Short term investments | ||||
| Net receivables | $153.97 | $156.13 | $153.65 | $50.11 |
| Inventory | ||||
| Total current assets | $401.14 | $316.72 | $227.67 | $201.43 |
| Long term investments | ||||
| Property, plant & equipment | $23.11 | $25.07 | $11.18 | $5.63 |
| Goodwill & intangible assets | $718.63 | $621.57 | $605.56 | $624.74 |
| Total noncurrent assets | $776.89 | $673.73 | $645.14 | $655.59 |
| Total investments | ||||
| Total assets | $1178.03 | $990.45 | $872.81 | $857.02 |
| Current liabilities | ||||
| Accounts payable | $4.53 | $2.79 | $1.12 | $1.77 |
| Deferred revenue | $77.54 | $52.4 | $47.51 | $35.37 |
| Short long term debt | $5.46 | $3.98 | $2.5 | |
| Total current liabilities | $121.51 | $80.49 | $73.99 | $62.06 |
| Long term debt | $305.29 | $166.23 | $50.94 | $241.05 |
| Total noncurrent liabilities | $315.12 | $188.85 | $88.35 | $285.86 |
| Total debt | $310.76 | $170.21 | $50.94 | $243.55 |
| Total liabilities | $436.63 | $269.34 | $162.34 | $347.92 |
| Shareholders' equity | ||||
| Retained earnings | -$83.79 | -$19.39 | -$7.66 | -$6.15 |
| Other shareholder equity | $0.65 | $1.37 | -$0.4 | -$0.79 |
| Total shareholder equity | $741.4 | $721.11 | $710.47 | $509.11 |
| (in millions $) | 30 Jun 2022 | 31 Mar 2022 | 31 Dec 2021 | 30 Sep 2021 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $72.03 | $84.69 | $75.42 | $76.18 |
| Cost of revenue | $29.81 | $28.66 | $27.18 | $24.49 |
| Gross Profit | $42.22 | $56.03 | $48.24 | $51.69 |
| Operating activities | ||||
| Research & development | $22.09 | $20.47 | $19.64 | $18.48 |
| Selling, general & administrative | $56.59 | $47.17 | $52.75 | $47.66 |
| Total operating expenses | $83.13 | $72.03 | $75.4 | $70.47 |
| Operating income | -$40.91 | -$16 | -$27.17 | -$18.78 |
| Income from continuing operations | ||||
| EBIT | -$43.77 | -$16.8 | -$27.22 | -$19.59 |
| Income tax expense | $0.19 | -$0.18 | -$3.01 | -$8.62 |
| Interest expense | $3.88 | $3.64 | $1.81 | $0.49 |
| Net income | ||||
| Net income | -$47.85 | -$20.26 | -$26.03 | -$11.45 |
| Income (for common shares) | -$47.85 | -$20.26 | -$26.03 | -$11.45 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $299.45 | $243.59 | $242.9 | $201.56 |
| Cost of revenue | $94.88 | $68.21 | $55.7 | $44.61 |
| Gross Profit | $204.57 | $175.38 | $187.19 | $156.95 |
| Operating activities | ||||
| Research & development | $78.51 | $48.93 | $46.02 | $36.23 |
| Selling, general & administrative | $189.04 | $136.11 | $117.18 | $88.5 |
| Total operating expenses | $283.59 | $202.04 | $179.84 | $141.06 |
| Operating income | -$79.03 | -$26.66 | $7.36 | $15.89 |
| Income from continuing operations | ||||
| EBIT | -$80.33 | -$23.71 | $3.19 | $5.77 |
| Income tax expense | -$18.95 | -$14.26 | -$8.22 | $3.38 |
| Interest expense | $3.01 | $2.43 | $12.91 | $15.84 |
| Net income | ||||
| Net income | -$64.39 | -$11.89 | -$1.5 | -$13.45 |
| Income (for common shares) | -$64.39 | -$11.89 | -$1.5 | -$13.45 |
| (in millions $) | 30 Jun 2022 | 31 Mar 2022 | 31 Dec 2021 | 30 Sep 2021 |
|---|---|---|---|---|
| Net income | -$47.85 | -$20.26 | -$26.03 | -$11.45 |
| Operating activities | ||||
| Depreciation | $13.19 | $12.9 | $12.65 | $11.15 |
| Business acquisitions & disposals | -$0 | $0.22 | -$40.32 | |
| Stock-based compensation | $13.48 | $8.13 | $9.42 | $11.97 |
| Total cash flows from operations | -$0.4 | -$3.28 | $3.53 | -$5.84 |
| Investing activities | ||||
| Capital expenditures | -$5.92 | -$5.72 | -$7.36 | -$5.7 |
| Investments | -$0.5 | |||
| Total cash flows from investing | -$6.42 | -$5.72 | -$7.14 | -$46.02 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $6.21 | $1.09 | $1.22 | $0.04 |
| Net borrowings | -$0.75 | $180 | ||
| Total cash flows from financing | $5.36 | $1.01 | $172.79 | -$2.02 |
| Effect of exchange rate | -$1.55 | $0.72 | -$0.09 | $0.57 |
| Change in cash and equivalents | -$3.01 | -$7.28 | $169.09 | -$53.31 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
|---|---|---|---|---|
| Net income | -$64.39 | -$11.89 | -$1.5 | -$13.45 |
| Operating activities | ||||
| Depreciation | $44.38 | $37.27 | $32.98 | $30.74 |
| Business acquisitions & disposals | -$79.97 | -$32.47 | -$17.41 | |
| Stock-based compensation | $55.8 | $16.62 | $6.33 | $2.85 |
| Total cash flows from operations | $41.66 | $22.38 | $5.79 | $22.89 |
| Investing activities | ||||
| Capital expenditures | -$23.15 | -$15.85 | -$19.16 | -$9.75 |
| Investments | ||||
| Total cash flows from investing | -$103.12 | -$48.32 | -$19.76 | -$26.66 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $3.16 | $10.4 | $202.1 | -$0.08 |
| Net borrowings | $150 | $97.82 | -$196.57 | $73.67 |
| Total cash flows from financing | $135.5 | $103.01 | -$2.02 | $67.1 |
| Effect of exchange rate | $0.35 | $1.05 | $0.22 | -$0.65 |
| Change in cash and equivalents | $74.39 | $78.11 | -$15.76 | $62.67 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 85.79M |
| Revenue | $308.32M |
|---|---|
| EBITDA | -$57.48M |
| EBIT | -$107.38M |
| Net Income | -$105.58M |
| Revenue Q/Q | -8.72% |
| Revenue Y/Y | 13.75% |
| 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 | 8.21 |
| Cash/Share | 2.45 |
| EPS | -$1.23 |
|---|---|
| ROA | -9.50% |
| ROE | -14.41% |
| Debt/Equity | 0.59 |
|---|---|
| Net debt/EBITDA | -3.83 |
| Current ratio | 3.01 |
| Quick ratio | 3.01 |