Sector: Technology | Industry: Software |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 777 Mariners Island Blvd Ste 300 SAN MATEO CA 94404-5089 |
Tel: | N/A |
Website: | https://www.modeln.com |
IR: | See website |
Key People | ||
Jason Blessing Chief Executive Officer, Director | John Ederer Chief Financial Officer | Laura Selig Chief People Officer |
Rehmann Rayani Chief Strategy and Marketing Officer | Mark Albert Anderson Chief Services Officer | Suresh Kannan Chief Product Officer | Christopher Lyon Chief Revenue Officer |
Business Overview |
Model N, Inc. is a provider of cloud revenue management solutions for life sciences and technology companies. The Company operates through developing and monetizing revenue management solutions segment. The Company is engaged in revenue optimization and compliance for pharmaceutical, medtech, and high-tech innovators. Its products include channel data management, channel management, deal intelligence, deal management for high tech, deal management for life sciences, global pricing management, global tender management, government pricing, intelligence cloud, market development fund management, medicaid, payer management, price intelligence, provider management, rebate management, and validate. The Company's industry solutions include revenue cloud for pharma, revenue cloud for medtech, revenue cloud for high tech, business services for life science. Its support & services consist professional services, support overview, product support, community portal, knowledge center, and others. |
Financial Overview |
For the three months ended 31 December 2023, Model N Inc revenues increased 7% to $63.5M. Net loss decreased 56% to $1.8M. Revenues reflect United States segment increase of 7% to $60.3M, Other International segment increase of 7% to $3.2M. Lower net loss reflects Stock-Based Compensation Expenses in R&D decrease of 6% to $1.7M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.11 to -$0.05. |
Employees: | 1,089 as of Sep 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,146M as of Dec 31, 2023 |
Annual revenue (TTM): | $253.80M as of Dec 31, 2023 |
EBITDA (TTM): | $4.68M as of Dec 31, 2023 |
Net annual income (TTM): | -$31.67M as of Dec 31, 2023 |
Free cash flow (TTM): | $43.47M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 39,422,997 as of Apr 4, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |