Financial Snapshot

Revenue
$523.0M
TTM
Gross Margin
60.2%
TTM
Net Earnings
-$18.11M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
194.87%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$1.094B
Q4 2024
Cash
Q4 2024
P/E
-271.2
Nov 29, 2024 EST
Free Cash Flow
$66.22M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $476.5M $408.3M $273.9M $204.3M $138.2M $91.50M $58.10M
YoY Change 16.71% 49.09% 34.06% 47.85% 51.02% 57.49%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $476.5M $408.3M $273.9M $204.3M $138.2M $91.50M $58.10M
Cost Of Revenue $191.5M $169.6M $111.4M $88.14M $64.07M $46.50M $30.50M
Gross Profit $285.1M $238.7M $162.5M $116.2M $74.11M $45.10M $27.70M
Gross Profit Margin 59.82% 58.46% 59.32% 56.86% 53.63% 49.29% 47.68%

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 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $207.3M $211.1M $154.4M $100.5M $66.98M $45.50M $29.50M
YoY Change -1.83% 36.71% 53.67% 50.06% 47.2% 54.24%
% of Gross Profit 72.71% 88.45% 95.07% 86.52% 90.37% 100.89% 106.5%
Research & Development $117.3M $121.6M $79.36M $58.26M $35.30M $21.80M $16.30M
YoY Change -3.51% 53.19% 36.22% 65.03% 61.94% 33.74%
% of Gross Profit 41.15% 50.93% 48.85% 50.16% 47.64% 48.34% 58.84%
Depreciation & Amortization $45.26M $34.65M $10.01M $7.431M $4.609M $1.460M $970.0K
YoY Change 30.62% 246.31% 34.65% 61.23% 215.68% 50.52%
% of Gross Profit 15.88% 14.52% 6.16% 6.4% 6.22% 3.24% 3.5%
Operating Expenses $324.6M $332.7M $233.8M $158.8M $102.3M $68.30M $46.40M
YoY Change -2.45% 42.31% 47.27% 55.23% 49.75% 47.2%
Operating Profit -$39.51M -$94.01M -$71.36M -$42.61M -$28.17M -$23.20M -$18.70M
YoY Change -57.97% 31.75% 67.47% 51.25% 21.42% 24.06%

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 2024 2023 2022 2021 2020 2019 2018
Interest Expense $4.135M $2.807M $1.514M $130.0K $0.00 $1.300M $300.0K
YoY Change 47.31% 85.4% 1064.62% -100.0% 333.33%
% of Operating Profit
Other Income/Expense, Net -$856.0K -$1.356M -$1.277M $1.693M $33.00K -$200.0K $0.00
YoY Change -36.87% 6.19% -175.43% 5030.3% -116.5%

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 2024 2023 2022 2021 2020 2019 2018
Pretax Income -$41.94M -$97.77M -$73.95M -$40.68M -$27.15M -$22.10M -$18.50M
YoY Change -57.11% 32.21% 81.78% 49.85% 22.85% 19.46%
Income Tax $1.590M $4.071M -$23.83M $586.0K $586.0K $200.0K -$9.900M
% Of Pretax Income
Net Earnings -$42.35M -$102.7M -$49.45M -$40.54M -$27.59M -$22.30M -$18.60M
YoY Change -58.78% 107.74% 21.98% 46.9% 23.74% 19.89%
Net Earnings / Revenue -8.89% -25.16% -18.05% -19.84% -19.97% -24.37% -32.01%
Basic Earnings Per Share -$0.38 -$0.93 -$0.51 -$0.46 -$0.35
Diluted Earnings Per Share -$0.38 -$0.93 -$0.51 -$0.46 -$0.35 -$248.9K -$207.6K

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 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $112.1M $64.89M $76.89M $38.90M $24.10M $14.70M $10.80M
YoY Change 72.74% -15.61% 97.65% 61.41% 63.95% 36.11%
Cash & Equivalents $112.1M $64.89M $76.89M $38.90M $24.10M $14.70M $10.80M
Short-Term Investments
Other Short-Term Assets $15.17M $33.42M $24.51M $342.9M $74.20M $64.60M $73.90M
YoY Change -54.61% 36.35% -92.85% 362.13% 14.86% -12.58%
Inventory
Prepaid Expenses
Receivables $123.0M $108.1M $81.01M $59.90M $46.90M $29.80M $24.30M
Other Receivables $557.0K $747.0K $1.101M $500.0K $100.0K $0.00 $0.00
Total Short-Term Assets $250.8M $207.2M $183.5M $442.2M $145.3M $109.2M $109.0M
YoY Change 21.03% 12.91% -58.5% 204.34% 33.06% 0.18%
Property, Plant & Equipment $98.41M $94.95M $73.85M $29.90M $13.50M $10.40M $3.800M
YoY Change 3.64% 28.58% 146.98% 121.48% 29.81% 173.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $9.294M $6.531M $4.031M
YoY Change 42.31% 62.02%
Other Assets $10.09M $8.101M $1.615M $800.0K $2.500M $400.0K $200.0K
YoY Change 24.54% 401.61% 101.88% -68.0% 525.0% 100.0%
Total Long-Term Assets $1.090B $1.120B $1.118B $121.2M $104.9M $10.80M $4.000M
YoY Change -2.72% 0.23% 822.03% 15.54% 871.3% 170.0%
Total Assets $1.340B $1.327B $1.301B $563.4M $250.2M $120.0M $113.0M
YoY Change
Accounts Payable $11.84M $11.88M $11.37M $6.000M $4.700M $3.400M $2.300M
YoY Change -0.3% 4.5% 89.43% 27.66% 38.24% 47.83%
Accrued Expenses $28.78M $37.39M $39.75M $12.50M $7.900M $5.200M $3.300M
YoY Change -23.04% -5.92% 217.97% 58.23% 51.92% 57.58%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.474M $1.015M $621.0K $300.0K
YoY Change 45.22% 63.45% 107.0%
Total Short-Term Liabilities $215.0M $205.2M $174.4M $115.7M $76.60M $52.40M $34.90M
YoY Change 4.81% 17.65% 50.71% 51.04% 46.18% 50.14%
Long-Term Debt $52.68M $84.37M $33.48M $15.90M $0.00 $0.00 $0.00
YoY Change -37.56% 152.0% 110.55%
Other Long-Term Liabilities $16.42M $7.282M $20.98M $2.400M $1.800M $1.500M $0.00
YoY Change 125.53% -65.29% 774.08% 33.33% 20.0%
Total Long-Term Liabilities $69.10M $91.65M $54.46M $18.30M $1.800M $1.500M $0.00
YoY Change -24.6% 68.3% 197.57% 916.67% 20.0%
Total Liabilities $291.3M $303.2M $233.4M $138.2M $82.90M $53.90M $35.00M
YoY Change -3.94% 29.91% 68.88% 66.71% 53.8% 54.0%

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 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 112.7M shares 110.6M shares 96.72M shares 87.68M shares 78.32M shares
Diluted Shares Outstanding 112.7M shares 110.6M shares 96.72M shares 87.68M shares 78.32M 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: $4.9113 Billion

About nCino, Inc.

nCino, Inc. provides cloud-based software applications for financial institutions in the United States and internationally. The company is headquartered in Wilmington, North Carolina and currently employs 1,653 full-time employees. The company went IPO on 2020-07-14. The firm offers nCino Bank Operating System, which is a single, multi-tenant software-as-a-service solution that connects financial institutions (FI) employees, their clients and third parties on a single, cloud-based platform, eliminating silos and bringing new levels of coordination and transparency to the FI. This platform provides all the functionality necessary to complete workflow, enabling client onboarding, loan origination, deposit account opening, analytics and compliance. The nCino Bank Operating System also delivers data analytics and artificial intelligence and machine learning (AI/ML) capabilities through its nCino IQ application suite to provide its customers with automation and insights into their operations, such as tools for analyzing, measuring and managing credit risk, as well as to improve their ability to comply with regulatory requirements.

Industry: Services-Prepackaged Software Peers: Altair Engineering Inc. APPFOLIO INC Asana, Inc. BLACKLINE, INC. BOX INC Clearwater Analytics Holdings, Inc. Freshworks Inc. NEW RELIC, INC. RingCentral, Inc. Salesforce, Inc.