Financial Snapshot

Revenue
$255.8M
TTM
Gross Margin
79.44%
TTM
Net Earnings
-$364.3M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
248.81%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$695.6M
Q3 2024
Cash
Q3 2024
P/E
-2.024
Nov 29, 2024 EST
Free Cash Flow
$52.73M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $251.4M $222.7M $166.2M $118.3M $85.50M
YoY Change 12.92% 34.0% 40.43% 38.38%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $251.4M $222.7M $166.2M $118.3M $85.50M
Cost Of Revenue $47.48M $42.63M $40.69M $30.47M $18.61M
Gross Profit $203.9M $180.0M $125.5M $87.85M $66.89M
Gross Profit Margin 81.11% 80.86% 75.51% 74.25% 78.23%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $153.4M $138.4M $86.92M $47.26M $37.20M
YoY Change 10.86% 59.2% 83.91% 27.05%
% of Gross Profit 75.22% 76.86% 69.27% 53.8% 55.61%
Research & Development $42.44M $34.89M $18.57M $11.06M $7.445M
YoY Change 21.64% 87.93% 67.83% 48.58%
% of Gross Profit 20.81% 19.38% 14.8% 12.59% 11.13%
Depreciation & Amortization $1.953M $2.193M $1.751M $1.152M $33.54M
YoY Change -10.94% 25.24% 52.0% -96.57%
% of Gross Profit 0.96% 1.22% 1.4% 1.31% 50.14%
Operating Expenses $533.7M $221.3M $150.4M $102.3M $69.07M
YoY Change 141.19% 47.09% 47.07% 48.11%
Operating Profit -$329.8M -$41.26M -$24.98M -$14.45M -$2.175M
YoY Change 699.26% 65.18% 72.94% 564.14%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $15.20M $8.413M $25.87M $36.49M -$18.37M
YoY Change 80.71% -67.48% -29.1% -298.65%
% of Operating Profit
Other Income/Expense, Net $21.62M $1.823M -$35.60M -$36.71M
YoY Change 1085.96% -105.12% -3.03%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$308.2M -$39.44M -$60.58M -$51.16M -$36.40M
YoY Change 681.39% -34.9% 18.42% 40.55%
Income Tax -$18.55M -$17.19M $675.0K $62.00K
% Of Pretax Income
Net Earnings -$202.4M -$6.037M -$17.68M -$51.16M -$36.40M
YoY Change 3252.46% -65.85% -65.45% 40.55%
Net Earnings / Revenue -80.5% -2.71% -10.64% -43.24% -42.57%
Basic Earnings Per Share -$1.79 -$0.06 -$0.19
Diluted Earnings Per Share -$1.79 -$0.06 -$555.1K -$344.8K -$245.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $308.1M $331.9M $387.5M $24.77M $8.618M
YoY Change -7.17% -14.35% 1464.13% 187.47%
Cash & Equivalents $131.0M $146.9M $387.5M $24.77M $8.618M
Short-Term Investments $177.1M $184.9M $0.00
Other Short-Term Assets $26.61M $23.07M $13.40M $5.963M $2.468M
YoY Change 15.33% 72.21% 124.69% 141.61%
Inventory
Prepaid Expenses
Receivables $59.25M $58.80M $43.34M $33.11M $25.02M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $393.9M $413.7M $444.2M $63.85M $36.11M
YoY Change -4.79% -6.86% 595.8% 76.82%
Property, Plant & Equipment $14.07M $14.15M $5.069M $3.248M $2.558M
YoY Change -0.57% 179.05% 56.07% 26.97%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $32.67M
YoY Change -100.0%
Other Assets $19.71M $19.28M $20.10M $6.585M $2.935M
YoY Change 2.23% -4.08% 205.21% 124.36%
Total Long-Term Assets $1.432B $1.707B $1.672B $1.682B $1.685B
YoY Change -16.12% 2.12% -0.58% -0.21%
Total Assets $1.826B $2.121B $2.116B $1.745B $1.721B
YoY Change
Accounts Payable $5.787M $3.948M $4.651M $5.662M $2.157M
YoY Change 46.58% -15.12% -17.86% 162.49%
Accrued Expenses $24.57M $17.11M $12.10M $13.81M $10.01M
YoY Change 43.58% 41.48% -12.39% 37.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $13.75M $8.594M $6.875M $4.680M $4.500M
YoY Change 60.0% 25.0% 46.9% 4.0%
Total Short-Term Liabilities $170.7M $132.5M $117.8M $88.72M $69.92M
YoY Change 28.81% 12.49% 32.77% 26.9%
Long-Term Debt $242.6M $255.8M $263.8M $457.2M $434.8M
YoY Change -5.16% -3.05% -42.3% 5.14%
Other Long-Term Liabilities $146.3M $169.8M $155.2M $3.876M $148.0K
YoY Change -13.81% 9.36% 3905.03% 2518.92%
Total Long-Term Liabilities $388.9M $425.5M $419.0M $461.1M $435.0M
YoY Change -8.61% 1.55% -9.12% 5.99%
Total Liabilities $964.5M $1.169B $1.243B $549.8M $504.9M
YoY Change -17.48% -5.95% 126.04% 8.89%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 112.8M 101.1M 91.92M
Diluted Shares Outstanding 112.8M 101.1M 91.92M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $737.4 Million

About Definitive Healthcare Corp.

Definitive Healthcare Corp. engages in the provision of healthcare commercial intelligence. The company is headquartered in Framingham, Massachusetts and currently employs 830 full-time employees. The company went IPO on 2021-09-15. The Company’s solutions are designed to provide information on healthcare providers and their activities to help its customers optimize everything from product development to go-to-market planning and sales and marketing execution. Its software-as-a-service (SaaS) platform uses deep analytics and data science to help customers develop data-driven strategic decisions, such as finding new markets to enter, building comprehensive go-to-market strategies, accessing tactical information to help target the right decision makers and improving win rates with detailed contextual information. The company transforms data into intelligence through artificial intelligence (AI) and machine learning (ML) algorithms that ingest, cleanse, link, and analyze the data to create new intelligence and analytics. All of its business is conducted through AIDH TopCo, LLC (Definitive OpCo).

Industry: Services-Prepackaged Software Peers: Veradigm Inc. MultiPlan Corp Certara, Inc. Doximity, Inc. Evolent Health, Inc. GoodRx Holdings, Inc. Teladoc Health, Inc.