Model N Inc (N:MODN)

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
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Key People
Charles J. Robel
Chairman of the Board
Jason Blessing
Chief Executive Officer, Director
David Barter
Chief Financial Officer, Senior Vice President
Dave Michaud
Senior Vice President, Chief Marketing Officer
Mark Albert Anderson
Senior Vice President - Global Services
Suresh Kannan
Senior Vice President, Chief Product Officer
Christopher Lyon
Senior Vice President, Chief Revenue Officer
Laura Selig
Senior Vice President and Chief People Officer
 
Business Overview
Model N, Inc. is a provider of revenue management solutions for life science and technology companies. The Company's solutions enable its customers to maximize revenues and reduce revenue compliance risk by transforming their revenue life cycle from a series of tactical, disjointed operations into a strategic end-to-end process. The Company's solutions include Revenue Enterprise Cloud, Revenue Intelligence Cloud and Revvy Revenue Management. The Company provides solutions that span the organizational and operational boundaries of functions, such as sales, marketing and finance, and serve as a system of record for revenue management processes, including pricing, contracts, rebates, incentives and regulatory compliance. The Company's application suites are designed to work with enterprise resource planning (ERP) and customer relationship management (CRM) applications. The Company also offers implementation services, managed services, strategic services and customer support.
Financial Overview
For the fiscal year ended 30 September 2019, Model N Inc revenues decreased 9% to $141.2M. Net loss before extraordinary items increased from $3.4M to $19.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Stock-Based Compensation Expenses in R&D increase of 39% to $4.1M (expense).
Employees: 733 as of Sep 30, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $1,124M as of Sep 30, 2019
Annual revenue (TTM): $141.24M as of Sep 30, 2019
EBITDA (TTM): -$8.22M as of Sep 30, 2019
Net annual income (TTM): -$19.29M as of Sep 30, 2019
Free cash flow (TTM): $10.17M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 33,329,629 as of Dec 17, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization