Financial Snapshot

Revenue
$311.4M
TTM
Gross Margin
65.68%
TTM
Net Earnings
-$51.60M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
186.32%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$418.3M
Q3 2024
Cash
Q3 2024
P/E
-34.13
Nov 29, 2024 EST
Free Cash Flow
$69.77M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $303.6M $288.0M $267.7M $199.3M $152.7M
YoY Change 5.41% 7.61% 34.28% 30.52%

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 $303.6M $288.0M $267.7M $199.3M $152.7M
Cost Of Revenue $108.5M $106.3M $89.62M $58.35M $47.32M
Gross Profit $195.1M $181.7M $178.1M $141.0M $105.4M
Gross Profit Margin 64.27% 63.09% 66.52% 70.73% 69.02%

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 $128.5M $106.3M $103.3M $64.01M $69.13M
YoY Change 20.83% 2.93% 61.35% -7.4%
% of Gross Profit 65.83% 58.5% 58.01% 45.4% 65.58%
Research & Development $47.52M $42.59M $36.34M $18.69M $15.97M
YoY Change 11.56% 17.22% 94.4% 17.07%
% of Gross Profit 24.35% 23.44% 20.41% 13.26% 15.15%
Depreciation & Amortization $1.900M $2.300M $2.300M $2.500M $2.700M
YoY Change -17.39% 0.0% -8.0% -7.41%
% of Gross Profit 0.97% 1.27% 1.29% 1.77% 2.56%
Operating Expenses $179.6M $153.1M $140.4M $95.40M $85.09M
YoY Change 17.28% 9.07% 47.17% 12.11%
Operating Profit $15.53M $28.59M $37.66M $45.59M $20.32M
YoY Change -45.67% -24.08% -17.4% 124.37%

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 $38.16M $24.23M $32.62M $34.69M $38.05M
YoY Change 57.5% -25.72% -5.97% -8.85%
% of Operating Profit 245.66% 84.75% 86.62% 76.09% 187.29%
Other Income/Expense, Net -$34.13M -$23.16M -$42.51M -$34.65M -$38.04M
YoY Change 47.34% -45.51% 22.7% -8.92%

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 -$18.60M $5.424M -$4.855M $10.94M -$17.72M
YoY Change -442.85% -211.72% -144.37% -161.76%
Income Tax $23.94M $4.130M $5.141M $1.792M -$5.115M
% Of Pretax Income 76.14% 16.38%
Net Earnings -$42.54M $1.294M -$9.996M $9.151M -$12.60M
YoY Change -3387.4% -112.95% -209.23% -172.6%
Net Earnings / Revenue -14.01% 0.45% -3.73% 4.59% -8.25%
Basic Earnings Per Share -$0.53 $0.02 -$0.48 -$0.49 -$0.88
Diluted Earnings Per Share -$0.53 $0.02 -$0.48 -$0.49 -$0.88

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 $80.44M $55.78M $113.6M $37.74M $97.77M
YoY Change 44.21% -50.92% 201.13% -61.4%
Cash & Equivalents $80.44M $55.78M $113.6M $37.74M $97.77M
Short-Term Investments
Other Short-Term Assets $6.831M $36.51M $6.996M $6.698M $3.516M
YoY Change -81.29% 421.86% 4.45% 90.5%
Inventory
Prepaid Expenses
Receivables $36.19M $35.84M $27.32M $23.61M $15.91M
Other Receivables $961.0K $0.00 $0.00 $4.123M $4.123M
Total Short-Term Assets $124.4M $128.1M $148.0M $72.17M $121.3M
YoY Change -2.89% -13.4% 105.0% -40.51%
Property, Plant & Equipment $4.477M $6.430M $5.989M $7.600M $19.26M
YoY Change -30.37% 7.36% -21.2% -60.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.988M $14.86M $5.119M $10.98M $11.42M
YoY Change -86.62% 190.33% -53.39% -3.84%
Total Long-Term Assets $871.8M $931.0M $877.9M $891.5M $748.1M
YoY Change -6.36% 6.05% -1.52% 19.17%
Total Assets $996.3M $1.059B $1.026B $963.7M $869.4M
YoY Change
Accounts Payable $4.405M $1.249M $2.335M $2.257M $1.018M
YoY Change 252.68% -46.51% 3.46% 121.71%
Accrued Expenses $28.30M $31.75M $24.67M $21.07M $15.86M
YoY Change -10.86% 28.69% 17.07% 32.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.542M $3.505M $2.139M $2.955M $1.406M
YoY Change 1.06% 63.86% -27.61% 110.17%
Total Short-Term Liabilities $55.84M $54.20M $43.85M $152.8M $56.13M
YoY Change 3.04% 23.61% -71.3% 172.24%
Long-Term Debt $420.0M $423.4M $425.4M $516.9M $528.0M
YoY Change -0.8% -0.46% -17.7% -2.11%
Other Long-Term Liabilities $1.333M $2.463M $396.0K $543.0K $620.0K
YoY Change -45.88% 521.97% -27.07% -12.42%
Total Long-Term Liabilities $421.3M $425.9M $425.8M $517.4M $528.7M
YoY Change -1.06% 0.02% -17.71% -2.12%
Total Liabilities $488.0M $480.1M $469.6M $670.2M $584.8M
YoY Change 1.65% 2.23% -29.93% 14.61%

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 80.35M shares 80.45M shares 63.81M shares 51.15M shares 49.95M shares
Diluted Shares Outstanding 80.35M shares 82.40M shares 63.81M shares 51.15M shares 49.95M shares
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: $1.7612 Billion

About MeridianLink, Inc.

MeridianLink, Inc. operates as a holding company, which engages in the provision of cloud-based digital solutions. The company is headquartered in Costa Mesa, California and currently employs 676 full-time employees. The company went IPO on 2021-07-28. The Company’s cloud-based digital lending, account opening, background screening, and data verification solutions leverage shared intelligence from a unified data platform, MeridianLink One, to enable customers of all sizes to identify growth opportunities, scale up, and support compliance efforts. Its lending software solutions provide a fully digital workflow for its customers, extending from their client’s initial account opening applications to its customer’s final extension of credit and, where necessary, collections activity. The company enables its customers to offer an array of products and services to new and existing clients. Its solutions address various categories of consumer lending, including mortgage, credit card, personal, auto, home equity, and others. The company serves financial institutions, including banks, mortgage lenders, specialty lending providers, and others.

Industry: Services-Prepackaged Software Peers: AGILYSYS INC ALKAMI TECHNOLOGY, INC. C3.ai, Inc. Digital Turbine, Inc. DUCK CREEK TECHNOLOGIES, INC. Enfusion, Inc. Olo Inc. SEMrush Holdings, Inc. Salesforce, Inc. Zeta Global Holdings Corp.