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
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

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