Pluralsight Inc (OQ:PS)

Sector:  Technology Industry:  IT Services & Consulting
See Regulatory Filings on SEC
Company Contact
Address: 182 N Union Ave
FARMINGTON UT 84025-2907
Tel: N/A
IR: See website
Key People
Aaron Skonnard
Chairman of the Board, Chief Executive Officer, Co-Founder
Frederick Onion
Co-Founder, Director
James W. Budge
Chief Financial Officer
Ross Meyercord
Chief Risk Officer
Angela Han
Chief Customer Officer
Nate Walkingshaw
Chief Experience Officer
Matthew A. Forkner
Chief Legal Officer and Corporate Secretary
Business Overview
Pluralsight, Inc is an enterprise software company that provides skill development technology solutions for businesses and individuals. The Company develops a cloud-based technology learning platform that provides a range of tools for skill assessments, library of courses, learning paths, and business analytics. Its platform uses machine-learning technologies to provide skill assessments and course recommendations. The Company's platform provides a range of courses from beginner to advances skill levels with content specific to needs and can be accessed from anywhere. The Company provides its platform to businesses, individuals, small businesses and federal government. The platform is used by business to train its software developers, IT professionals, data scientists, data engineers, technical engineers, business users, and technology executives.
Financial Overview
For the three months ended 31 March 2020, Pluralsight Inc revenues increased 33% to $92.6M. Net loss increased 85% to $35.3M. Revenues reflect United States segment increase of 33% to $58.2M, Europe & Middle East & Africa segment increase of 37% to $26M. Higher net loss reflects Sales and marketing - Balancing value increase of 39% to $52.8M (expense), Technology and content - Balancing value increase from $9.9M to $20.5M (expense).
Employees: 1,600 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $3,156M as of Mar 31, 2020
Annual revenue (TTM): $339.94M as of Mar 31, 2020
EBITDA (TTM): -$140.65M as of Mar 31, 2020
Net annual income (TTM): -$128.72M as of Mar 31, 2020
Free cash flow (TTM): -$27.98M as of Mar 31, 2020
Net Debt Last Fiscal Year: $70.66M as of Mar 31, 2020
Shares outstanding: 142,909,406 as of Apr 24, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization