Sector: Technology | Industry: Software |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 3200 Kirby Dr, Suite 600 HOUSTON TX 77098 |
Tel: | N/A |
Website: | https://ir.pros.com |
IR: | See website |
Key People | ||
Andres D. Reiner President, Chief Executive Officer, Director | Sunil John Chief Product Officer | Stefan B. Schulz Chief Financial Officer, Executive Vice President |
Surain Adyanthaya President - Travel | Martin Simoncic President - B2B | Nikki Brewer Chief People Officer |
Ajay Damani Executive Vice President - Engineering | Scott Cook Chief Accounting Officer | Grad Conn Chief Marketing Officer | Damian Olthoff General Counsel, Secretary |
Business Overview |
PROS Holdings, Inc. is a provider of software-as-a-service (SaaS) solution. The Company provides solutions that optimize shopping and selling experiences. Its artificial intelligence, self-learning and automation solutions are for every shopper, supporting both business-to-business and business-to-consumer companies across industry verticals. Its solutions focus primarily on pricing optimization and management, configure price quote (CPQ), airline revenue optimization, airline distribution and retail, and digital offer marketing software. Its CPQ enables users to find and tailor product recommendations, customize configurations and manage approvals. Its airline revenue optimization suite of products includes Airline Revenue Management, Airline Real-Time Dynamic Pricing and Airline Group Sales Optimizer. Its airline distribution and retail suite of products include Dynamic Offers and Digital Retail. Its Digital Offer marketing solutions include airTRFX, airModules, airWire and airSEM. |
Financial Overview |
For the fiscal year ended 31 December 2023, PROS Holdings, Inc. revenues increased 10% to $303.7M. Net loss decreased 31% to $56.4M. Revenues reflect Subscription segment increase of 15% to $234M, Services segment increase of 14% to $49.7M, Europe segment increase of 19% to $99.5M, United States of America segment increase of 9% to $107M. Lower net loss reflects Research and development - Balancing decrease of 3% to $78.8M (expense). |
Employees: | 1,486 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,789M as of Dec 31, 2023 |
Annual revenue (TTM): | $303.71M as of Dec 31, 2023 |
EBITDA (TTM): | -$35.80M as of Dec 31, 2023 |
Net annual income (TTM): | -$56.35M as of Dec 31, 2023 |
Free cash flow (TTM): | $7.29M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $125.25M as of Dec 31, 2023 |
Shares outstanding: | 46,737,830 as of Feb 7, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |