Sector: Technology | Industry: Software |
See Regulatory Filings on SEC |
Company Contact | |
Address: | One Main Street CAMBRIDGE MA 02142-1531 |
Tel: | N/A |
Website: | https://www.pega.com |
IR: | See website |
Key People | ||
Alan Trefler Chairman of the Board, Chief Executive Officer | Kenneth Stillwell Chief Financial Officer, Chief Operating Officer | Rifat Kerim Akgonul Chief Product Officer |
John Higgins Chief of Client and Partner Success | Leon Trefler Chief of Clients and Markets |
Business Overview |
Pegasystems Inc. develops, markets, licenses, hosts and supports enterprise software that helps organizations build agility into their business so they can adapt to change. Its Pega Infinity is a software portfolio, which helps connect enterprises to their customers in real-time across channels. Its applications and platform intersect with and encompass several software markets, including Customer Relationship Management; Digital Process Automation, including Business Process Management, Workflow, and Dynamic Case Management; Low-code application development platforms, including Multi-experience Development Platforms; Robotic Process Automation; Business Rules Management Systems; Decision Management, including predictive and adaptive analytics, and the Vertical-Specific Software market of industry solutions and packaged applications. The Company offers various services and support through its Global Client Success, Global Service Assurance and Client Support, and Pega Academy groups. |
Financial Overview |
For the fiscal year ended 31 December 2023, Pegasystems Inc. revenues increased 9% to $1.43B. Net income totaled $67.8M vs. loss of $345.6M. Revenues reflect Cloud segment increase of 20% to $461.3M, Subscription license segment increase of 11% to $407.6M, Europe, Middle East, and Africa excluding the United Kingdom segment increase of 25% to $242.3M, United Kingdom segment increase of 36% to $158M. |
Employees: | 5,406 as of Jan 31, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $5,500M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,433M as of Dec 31, 2023 |
EBITDA (TTM): | $121.45M as of Dec 31, 2023 |
Net annual income (TTM): | $67.81M as of Dec 31, 2023 |
Free cash flow (TTM): | $191.04M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $76.03M as of Dec 31, 2023 |
Shares outstanding: | 83,905,034 as of Feb 6, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |