Concentrix Corp - Understand $cnxc stock

$CNXC Market Cap: $4.392 Billion

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Financial Snapshot

Revenue

$8.647B

TTM

Gross Margin

36.23%

TTM

Net Earnings

$264.3M

TTM

Current Assets

$2.716B

Q2 2024

Current Liabilities

$1.766B

Q2 2024

Current Ratio

153.78%

Q2 2024

Total Assets

$12.08B

Q2 2024

Total Liabilities

$7.995B

Q2 2024

Book Value

$4.083B

Q2 2024

Cash

$207.3M

Q2 2024

P/E

16.62

Sep 13, 2024 EST

Free Cash Flow

$407.3M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$7.115B	$6.324B	$5.587B	$4.720B	$4.708B	$2.463B	$1.990B
YoY Change	12.49%	13.2%	18.38%	0.25%	91.13%	23.77%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$7.115B	$6.324B	$5.587B	$4.720B	$4.708B	$2.463B	$1.990B
Cost Of Revenue	$4.537B	$4.067B	$3.618B	$3.058B	$2.959B	$1.526B	$1.241B
Gross Profit	$2.578B	$2.257B	$1.969B	$1.662B	$1.748B	$937.6M	$749.2M
Gross Profit Margin	36.23%	35.69%	35.25%	35.21%	37.14%	38.06%	37.64%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$1.917B	$1.617B	$1.397B	$1.353B	$1.454B	$681.0M	$569.2M
YoY Change	18.52%	15.75%	3.28%	-6.97%	113.53%	19.64%
% of Gross Profit	74.35%	71.64%	70.94%	81.42%	83.17%	72.63%	75.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$173.5M	$146.9M	$140.2M	$129.3M	$139.2M	$154.6M	$129.9M
YoY Change	18.11%	4.73%	8.47%	-7.11%	-9.98%	19.01%
% of Gross Profit	6.73%	6.51%	7.12%	7.78%	7.96%	16.49%	17.34%
Operating Expenses	$1.917B	$1.617B	$1.397B	$1.353B	$1.454B	$755.3M	$633.5M
YoY Change	18.52%	15.75%	3.28%	-6.97%	92.52%	19.23%
Operating Profit	$661.3M	$640.2M	$572.4M	$308.8M	$294.3M	$182.3M	$115.7M
YoY Change	3.3%	11.84%	85.39%	4.9%	61.45%	57.56%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	-$175.4M	-$70.08M	-$23.05M	-$48.30M	-$92.20M	-$38.20M	-$24.00M
YoY Change	150.37%	204.07%	-52.29%	-47.61%	141.36%	59.17%
% of Operating Profit	-26.53%	-10.95%	-4.03%	-15.64%	-31.33%	-20.95%	-20.74%
Other Income/Expense, Net	-$52.10M	$34.89M	$6.345M	$7.447M	$2.280M	$4.400M	-$2.300M
YoY Change	-249.32%	449.83%	-14.8%	226.62%	-48.18%	-291.3%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017
Pretax Income	$408.2M	$605.0M	$555.7M	$267.9M	$204.4M	$110.9M	$88.30M
YoY Change	-32.52%	8.87%	107.43%	31.05%	84.32%	25.59%
Income Tax	$94.39M	$169.4M	$150.1M	$103.1M	$87.25M	$62.60M	$16.00M
% Of Pretax Income	23.12%	27.99%	27.01%	38.48%	42.68%	56.45%	18.12%
Net Earnings	$313.8M	$435.0M	$405.6M	$164.8M	$117.2M	$48.30M	$72.30M
YoY Change	-27.86%	7.27%	146.09%	40.67%	142.58%	-33.2%
Net Earnings / Revenue	4.41%	6.88%	7.26%	3.49%	2.49%	1.96%	3.63%
Basic Earnings Per Share	$5.72	$8.34	$7.78	$3.19	$2.27
Diluted Earnings Per Share	$5.70	$8.28	$7.70	$3.19	$2.27	$937.9K	$1.404M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$295.3M	$145.4M	$182.0M	$152.7M	$79.70M	$123.4M
YoY Change	103.14%	-20.14%	19.21%	91.59%	-35.41%
Cash & Equivalents	$295.3M	$145.4M	$182.0M	$152.7M	$79.70M	$123.4M
Short-Term Investments
Other Short-Term Assets	$674.4M	$218.5M	$153.1M	$189.2M	$203.7M	$179.5M
YoY Change	208.69%	42.73%	-19.09%	-7.12%	13.48%
Inventory
Prepaid Expenses
Receivables	$1.889B	$1.390B	$1.208B	$1.082B	$948.6M	$958.5M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$67.70M	$37.20M
Total Short-Term Assets	$2.859B	$1.754B	$1.543B	$1.423B	$1.300B	$1.299B
YoY Change	62.95%	13.69%	8.41%	9.53%	0.08%
Property, Plant & Equipment	$1.562B	$876.9M	$896.3M	$958.0M	$411.5M	$419.6M
YoY Change	78.17%	-2.17%	-6.44%	132.81%	-1.93%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$187.3M	$148.6M	$138.0M	$161.2M	$179.2M	$168.8M
YoY Change	26.02%	7.71%	-14.42%	-10.04%	6.16%
Total Long-Term Assets	$9.633B	$4.915B	$3.503B	$3.754B	$3.354B	$3.469B
YoY Change	95.98%	40.31%	-6.68%	11.93%	-3.3%
Total Assets	$12.49B	$6.670B	$5.046B	$5.178B	$4.654B	$4.767B
YoY Change
Accounts Payable	$243.6M	$161.2M	$129.4M	$163.4M	$130.5M	$136.6M
YoY Change	51.1%	24.61%	-20.83%	25.21%	-4.47%
Accrued Expenses	$1.748B	$902.3M	$805.1M	$790.8M	$570.3M	$603.9M
YoY Change	93.69%	12.07%	1.81%	38.66%	-5.56%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$1.981B	$2.243B
YoY Change				-100.0%	-11.65%
Long-Term Debt Due	$2.313M	$0.00	$0.00	$33.80M
YoY Change			-100.0%
Total Short-Term Liabilities	$2.074B	$1.132B	$968.2M	$1.009B	$2.698B	$3.013B
YoY Change	83.2%	16.93%	-4.01%	-62.62%	-10.44%
Long-Term Debt	$4.940B	$2.224B	$802.0M	$1.111B	$0.00	$0.00
YoY Change	122.08%	177.34%	-27.84%
Other Long-Term Liabilities	$920.5M	$512.0M	$546.4M	$601.9M	$297.0M	$253.4M
YoY Change	79.79%	-6.3%	-9.22%	102.66%	17.21%
Total Long-Term Liabilities	$5.860B	$2.736B	$1.348B	$1.713B	$297.0M	$253.4M
YoY Change	114.17%	102.92%	-21.3%	476.87%	17.21%
Total Liabilities	$8.349B	$3.974B	$2.426B	$2.876B	$3.184B	$3.447B
YoY Change	110.09%	63.8%	-15.63%	-9.69%	-7.64%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019
Basic Shares Outstanding	53.80M shares	51.35M shares	51.36M shares	51.60M shares	51.60M shares
Diluted Shares Outstanding	54.01M shares	51.74M shares	51.91M shares	51.60M shares	51.60M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $4.392 Billion

About Concentrix Corp

Concentrix Corp. engages in the provision of customer experience solutions and technology. The company is headquartered in Newark California, California and currently employs 440,000 full-time employees. The company went IPO on 2020-12-01. The firm provides end-to-end capabilities, including CX process optimization, technology innovation, front- and back-office automation, analytics and business transformation. Its customer lifecycle management solutions include services such as customer care, sales support and digital marketing. The company also provides complementary services, including CX/user experience (UX) strategy and design, digital transformation, and voice of the customer (VOC) and analytics. Its CX/UX strategy and design solutions, including CX strategy, data-driven user design, journey mapping, and multi-platform engineering. Its digital transformation solutions include services such as robotic process automation and cognitive automation and mobile app development. ConcentrixCX, its VOC solutions platform, helps turn customer feedback into actionable insights. The company operates under the trade name Concentrix + Webhelp.

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