Acquired by Permira in Nov 2024
SQSP - Squarespace, Inc.
NYSE
->
Technology
->
Software—Infrastructure
New York,
United States
Type: Equity
SQSP price evolution
SQSP
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Oct 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $270.36 | $280.68 | $294.29 | $257.13 |
| Short term investments | $52.04 | $46.98 | ||
| Net receivables | $41.38 | $35.59 | $30.98 | $26.29 |
| Inventory | ||||
| Total current assets | $446.8 | $433.68 | $374.21 | $340.82 |
| Long term investments | ||||
| Property, plant & equipment | $110.63 | $134.08 | $135.97 | $137.06 |
| Goodwill & intangible assets | $337.36 | $385.66 | $400.54 | $415.58 |
| Total noncurrent assets | $554.08 | $531.79 | $547.54 | $564.07 |
| Total investments | $52.04 | $46.98 | ||
| Total assets | $1000.88 | $965.47 | $921.76 | $904.9 |
| Current liabilities | ||||
| Accounts payable | $21.93 | $65.46 | $55.53 | $54.77 |
| Deferred revenue | $397.92 | $376.13 | $333.19 | $315.6 |
| Short long term debt | $68.42 | $65.88 | $61.62 | $61.33 |
| Total current liabilities | $587.21 | $617.26 | $549.78 | $545.43 |
| Long term debt | $559.69 | $598.15 | $617.53 | $632.42 |
| Total noncurrent liabilities | $656.54 | $614.48 | $632.33 | $647.42 |
| Total debt | $628.11 | $664.03 | $679.15 | $693.75 |
| Total liabilities | $1243.75 | $1231.74 | $1182.11 | $1192.86 |
| Shareholders' equity | ||||
| Retained earnings | -$1177.88 | -$1184.01 | -$1184.16 | -$1189.41 |
| Other shareholder equity | -$1.28 | -$0.83 | -$0.84 | -$3.63 |
| Total shareholder equity | -$242.87 | -$266.27 | -$260.35 | -$287.96 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $294.29 | $232.62 | $233.68 | $57.89 |
| Short term investments | $31.76 | $31.46 | $37.46 | |
| Net receivables | $30.98 | $15.19 | $9.8 | $7.52 |
| Inventory | ||||
| Total current assets | $374.21 | $327.89 | $342.03 | $140.25 |
| Long term investments | ||||
| Property, plant & equipment | $135.97 | $138.46 | $52.84 | $49.25 |
| Goodwill & intangible assets | $400.54 | $253.25 | $495.74 | $102.04 |
| Total noncurrent assets | $547.54 | $402.62 | $557.52 | $166.51 |
| Total investments | $31.76 | $31.46 | $37.46 | |
| Total assets | $921.76 | $730.52 | $899.55 | $306.77 |
| Current liabilities | ||||
| Accounts payable | $55.53 | $12.99 | $56.67 | $16.76 |
| Deferred revenue | $333.19 | $269.69 | $234 | $210.39 |
| Short long term debt | $61.62 | $52.27 | $13.59 | $13.59 |
| Total current liabilities | $549.78 | $438.15 | $367.21 | $288.71 |
| Long term debt | $617.53 | $473.17 | $513.05 | $525.75 |
| Total noncurrent liabilities | $632.33 | $595.36 | $545.82 | $550.87 |
| Total debt | $679.15 | $635.61 | $526.63 | $539.34 |
| Total liabilities | $1182.11 | $1033.51 | $913.03 | $839.58 |
| Shareholders' equity | ||||
| Retained earnings | -$1184.16 | -$1177.08 | -$924.86 | -$675.71 |
| Other shareholder equity | -$0.84 | -$1.67 | -$0.21 | $2.46 |
| Total shareholder equity | -$260.35 | -$302.99 | -$13.48 | -$664.21 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Oct 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $296.77 | $281.15 | $270.72 | |
| Cost of revenue | $82.94 | $80.77 | $69.65 | |
| Gross Profit | $213.83 | $200.37 | $201.07 | |
| Operating activities | ||||
| Research & development | $69.81 | $66.85 | $61.72 | |
| Selling, general & administrative | $127.16 | $148.36 | $121.44 | |
| Total operating expenses | $196.96 | $215.2 | $183.15 | |
| Operating income | $16.87 | -$14.83 | $17.92 | |
| Income from continuing operations | ||||
| EBIT | $21.32 | -$10.25 | $13.76 | |
| Income tax expense | $5.03 | -$20.78 | -$2.22 | |
| Interest expense | $10.16 | $10.38 | $10.72 | |
| Net income | ||||
| Net income | $6.13 | $0.14 | $5.26 | |
| Income (for common shares) | $6.13 | $0.14 | $5.26 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1012.34 | $866.97 | $784.04 | $621.15 |
| Cost of revenue | $207.52 | $152.66 | $126.63 | $98.34 |
| Gross Profit | $804.82 | $714.32 | $657.41 | $522.81 |
| Operating activities | ||||
| Research & development | $242.19 | $227.3 | $190.37 | $167.91 |
| Selling, general & administrative | $478.9 | $473.67 | $707.91 | $314.69 |
| Total operating expenses | $721.09 | $926.13 | $898.28 | $482.59 |
| Operating income | $83.73 | -$211.81 | -$240.87 | $40.22 |
| Income from continuing operations | ||||
| EBIT | $87.09 | -$206.78 | -$234.24 | $32.54 |
| Income tax expense | $57.4 | $27.23 | $3.83 | -$8.09 |
| Interest expense | $36.77 | $18.21 | $11.08 | $10.04 |
| Net income | ||||
| Net income | -$7.08 | -$252.22 | -$249.15 | $30.59 |
| Income (for common shares) | -$7.08 | -$252.22 | -$250.12 | -$252.71 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Net income | $6.13 | $0.14 | $5.26 | -$16.5 |
| Operating activities | ||||
| Depreciation | $18.21 | $18.67 | $18.95 | $10.5 |
| Business acquisitions & disposals | -$176.72 | |||
| Stock-based compensation | $32.8 | $28.17 | $27.83 | $28.32 |
| Total cash flows from operations | $60.63 | $85.22 | $61.09 | $53.33 |
| Investing activities | ||||
| Capital expenditures | -$2.69 | -$3.38 | -$3.86 | -$5.97 |
| Investments | -$4.83 | -$47.03 | ||
| Total cash flows from investing | -$7.51 | -$50.42 | -$3.86 | -$182.69 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$2.4 | -$11.32 | -$0.63 | $0.06 |
| Net borrowings | -$12.24 | -$12.24 | -$12.24 | $86.56 |
| Total cash flows from financing | -$27.91 | -$47.94 | -$20.93 | $78.63 |
| Effect of exchange rate | -$0.05 | -$0.47 | $0.85 | -$0.4 |
| Change in cash and equivalents | -$10.32 | -$13.6 | $37.15 | -$51.14 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$7.08 | -$252.22 | -$249.15 | $30.59 |
| Operating activities | ||||
| Depreciation | $43.93 | $33.84 | $32.72 | $21.7 |
| Business acquisitions & disposals | -$176.72 | -$202.17 | ||
| Stock-based compensation | $107.75 | $102.53 | $307.92 | $31.25 |
| Total cash flows from operations | $231.12 | $164.22 | $123.16 | $150.03 |
| Investing activities | ||||
| Capital expenditures | -$17 | -$11.54 | -$11.02 | -$4.71 |
| Investments | $31.84 | -$0.49 | $5.46 | $38.8 |
| Total cash flows from investing | -$161.88 | -$12.03 | -$207.73 | $34.26 |
| Financing activities | ||||
| Dividends paid | -$0.37 | -$327.75 | ||
| Sale and purchase of stock | -$25.76 | -$117.98 | $309.17 | -$18.73 |
| Net borrowings | $53.94 | -$13.59 | -$13.59 | $190.76 |
| Total cash flows from financing | -$8.19 | -$152.84 | $260.71 | -$170.71 |
| Effect of exchange rate | $0.61 | -$0.41 | -$0.35 | $0.66 |
| Change in cash and equivalents | $61.66 | -$1.06 | $175.79 | $14.24 |
News
Fundamentals
| Market cap | $6.45B |
|---|---|
| Enterprise value | $6.81B |
| Shares outstanding | 138.48M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | 19.89% |
| 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 | -26.69 |
| Book/Share | -1.74 |
| Cash/Share | 1.95 |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | -4.54 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.76 |
| Quick ratio | 0.76 |