Financial Snapshot

Revenue
$458.1M
TTM
Gross Margin
83.63%
TTM
Net Earnings
$37.02M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
301.01%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$765.0M
Q3 2024
Cash
Q3 2024
P/E
51.83
Nov 29, 2024 EST
Free Cash Flow
$70.96M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $421.9M $371.8M $346.5M $302.9M $263.5M $228.3M
YoY Change 13.48% 7.31% 14.39% 14.93% 15.43%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $421.9M $371.8M $346.5M $302.9M $263.5M $228.3M
Cost Of Revenue $68.21M $58.61M $52.43M $63.17M $57.32M $57.35M
Gross Profit $353.7M $313.2M $294.0M $239.7M $206.2M $170.9M
Gross Profit Margin 83.83% 84.23% 84.87% 79.14% 78.25% 74.88%

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
Selling, General & Admin $204.6M $196.4M $193.3M $139.4M $109.2M $95.56M
YoY Change 4.15% 1.64% 38.67% 27.59% 14.3%
% of Gross Profit 57.84% 62.72% 65.73% 58.14% 52.97% 55.9%
Research & Development $78.18M $63.48M $53.96M $42.72M $37.17M $32.89M
YoY Change 23.15% 17.65% 26.31% 14.92% 13.01%
% of Gross Profit 22.11% 20.27% 18.35% 17.82% 18.03% 19.24%
Depreciation & Amortization $21.62M $24.44M $33.77M $56.45M $54.14M $56.02M
YoY Change -11.53% -27.63% -40.18% 4.27% -3.36%
% of Gross Profit 6.11% 7.8% 11.49% 23.55% 26.26% 32.77%
Operating Expenses $283.4M $265.8M $260.7M $205.9M $169.6M $152.2M
YoY Change 6.62% 1.94% 26.59% 21.43% 11.44%
Operating Profit $70.32M $47.40M $33.33M $33.77M $36.61M $18.77M
YoY Change 48.36% 42.2% -1.29% -7.77% 95.01%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$30.25M -$18.85M -$20.47M -$28.14M -$33.81M -$34.52M
YoY Change 60.47% -7.91% -27.24% -16.77% -2.08%
% of Operating Profit -43.02% -39.78% -61.42% -83.33% -92.33% -183.89%
Other Income/Expense, Net -$25.99M -$16.97M -$21.74M -$28.91M -$33.42M -$1.742M
YoY Change 53.16% -21.93% -24.81% -13.49% 1818.43%

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
Pretax Income $44.33M $30.43M $11.59M $4.856M $3.193M -$17.49M
YoY Change 45.69% 162.47% 138.71% 52.08% -118.26%
Income Tax $20.91M $13.72M $11.48M $12.01M $5.705M -$3.799M
% Of Pretax Income 47.18% 45.09% 99.03% 247.41% 178.67%
Net Earnings $23.41M $16.71M $113.0K -$7.158M -$2.512M -$13.69M
YoY Change 40.13% 14684.96% -101.58% 184.95% -81.65%
Net Earnings / Revenue 5.55% 4.49% 0.03% -2.36% -0.95% -6.0%
Basic Earnings Per Share $0.13 $0.09 $0.00 -$0.05 -$0.02
Diluted Earnings Per Share $0.13 $0.09 $0.00 -$0.05 -$0.02 -$86.53K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

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 $153.0M $98.85M $66.74M $99.79M $39.35M
YoY Change 54.83% 48.12% -33.12% 153.61%
Cash & Equivalents $153.0M $98.85M $66.74M $99.79M $39.35M
Short-Term Investments
Other Short-Term Assets $23.73M $12.70M $13.96M $5.584M $5.065M
YoY Change 86.89% -9.06% 150.04% 10.25%
Inventory
Prepaid Expenses
Receivables $40.01M $34.80M $33.04M $29.09M $25.98M
Other Receivables $8.001M $7.814M $7.250M $1.262M $974.0K
Total Short-Term Assets $224.8M $154.2M $121.0M $135.7M $71.37M
YoY Change 45.82% 27.41% -10.86% 90.17%
Property, Plant & Equipment $68.91M $69.16M $74.95M $33.29M $23.69M
YoY Change -0.36% -7.74% 125.17% 40.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $23.88M $17.88M $10.77M $9.269M $7.310M
YoY Change 33.59% 66.04% 16.16% 26.8%
Total Long-Term Assets $938.0M $924.7M $934.7M $944.0M $942.4M
YoY Change 1.44% -1.07% -0.99% 0.17%
Total Assets $1.163B $1.079B $1.056B $1.080B $1.014B
YoY Change
Accounts Payable $5.239M $3.544M $5.865M $5.542M $1.970M
YoY Change 47.83% -39.57% 5.83% 181.32%
Accrued Expenses $46.83M $41.40M $33.97M $25.76M $15.38M
YoY Change 13.12% 21.88% 31.87% 67.48%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.500M $3.500M $3.964M $8.023M $1.959M
YoY Change 0.0% -11.71% -50.59% 309.55%
Total Short-Term Liabilities $81.72M $61.81M $60.88M $54.83M $32.79M
YoY Change 32.2% 1.54% 11.04% 67.21%
Long-Term Debt $331.5M $333.5M $335.4M $372.7M $394.4M
YoY Change -0.59% -0.56% -10.0% -5.51%
Other Long-Term Liabilities $36.39M $38.70M $38.46M $15.22M $12.27M
YoY Change -5.98% 0.64% 152.74% 24.05%
Total Long-Term Liabilities $367.9M $372.2M $373.8M $387.9M $406.7M
YoY Change -1.15% -0.44% -3.62% -4.62%
Total Liabilities $451.4M $436.8M $437.3M $448.5M $450.1M
YoY Change 3.35% -0.13% -2.5% -0.34%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 182.4M shares 180.1M shares 167.5M shares 158.1M shares 158.1M shares
Diluted Shares Outstanding 186.0M shares 181.3M shares 168.7M shares 158.1M shares 158.1M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.9189 Billion

About N-able, Inc.

N-able, Inc. engages in the provision of cloud-based software solutions for managed service providers, enabling them to support digital transformation and growth for small and medium-sized enterprises. The company is headquartered in Wilmington, Delaware and currently employs 1,635 full-time employees. The company went IPO on 2021-07-09. The Company’s platform consists of three core solution categories: remote monitoring and management, security solutions, and data protection as-a-service. Its remote monitoring and management capabilities include real-time availability and performance of networks and devices and automation of policies and workflows. The firm provides a layered security approach spanning network and systems infrastructure, applications, and end user devices through its data protection, patch management, endpoint security, web protection, e-mail security and archiving and vulnerability assessment solutions. The firm also provides cloud-based remote monitoring and management, security solutions, and data protection as-a-service that are integrated within its technology platform.

Industry: Services-Prepackaged Software Peers: MICROSOFT CORP A10 Networks, Inc. COMMVAULT SYSTEMS INC JFrog Ltd ZeroFox Holdings, Inc. Ping Identity Holding Corp. PROGRESS SOFTWARE CORP /MA Rapid7, Inc. Adeia Inc. ZUORA INC