Financial Snapshot

Revenue
$906.1M
TTM
Gross Margin
66.55%
TTM
Net Earnings
-$52.62M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
229.46%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$3.053B
Q3 2024
Cash
Q3 2024
P/E
-97.69
Nov 29, 2024 EST
Free Cash Flow
$89.62M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $791.0M $704.9M $578.6M
YoY Change 12.22% 21.83%

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
Revenue $791.0M $704.9M $578.6M
Cost Of Revenue $249.8M $214.9M $151.8M
Gross Profit $541.2M $490.0M $426.8M
Gross Profit Margin 68.42% 69.51% 73.77%

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
Selling, General & Admin $187.4M $184.6M $162.1M
YoY Change 1.52% 13.86%
% of Gross Profit 34.62% 37.67% 37.98%
Research & Development $35.33M $32.81M $28.34M
YoY Change 7.7% 15.78%
% of Gross Profit 6.53% 6.7% 6.64%
Depreciation & Amortization $176.5M $183.2M $176.1M
YoY Change -3.66% 4.04%
% of Gross Profit 32.6% 37.38% 41.25%
Operating Expenses $399.2M $400.5M $366.5M
YoY Change -0.34% 9.29%
Operating Profit $142.1M $89.45M $60.32M
YoY Change 58.84% 48.3%

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
Interest Expense -$205.9M -$155.3M -$127.0M
YoY Change 32.57% 22.29%
% of Operating Profit -144.93% -173.64% -210.58%
Other Income/Expense, Net
YoY Change

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
Pretax Income -$63.83M -$65.88M -$66.70M
YoY Change -3.1% -1.23%
Income Tax -$12.50M -$21.85M -$19.58M
% Of Pretax Income
Net Earnings -$51.33M -$44.03M -$47.12M
YoY Change 16.59% -6.55%
Net Earnings / Revenue -6.49% -6.25% -8.14%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.31 -$0.26 -$0.28

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
Cash & Short-Term Investments $35.58M $64.56M $47.25M
YoY Change -44.89% 36.64%
Cash & Equivalents $35.58M $64.56M $47.25M
Short-Term Investments
Other Short-Term Assets $53.57M $41.91M $16.63M
YoY Change 27.83% 151.99%
Inventory
Prepaid Expenses
Receivables $126.1M $107.1M $92.23M
Other Receivables $6.811M $4.351M $10.78M
Total Short-Term Assets $222.1M $217.9M $166.9M
YoY Change 1.91% 30.57%
Property, Plant & Equipment $71.61M $67.57M $58.63M
YoY Change 5.98% 15.25%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $72.36M $72.82M $47.38M
YoY Change -0.63% 53.7%
Total Long-Term Assets $4.361B $4.476B $4.610B
YoY Change -2.58% -2.89%
Total Assets $4.583B $4.694B $4.777B
YoY Change
Accounts Payable $45.48M $28.10M $34.83M
YoY Change 61.89% -19.33%
Accrued Expenses $29.18M $30.98M $22.48M
YoY Change -5.82% 37.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $18.80M $18.73M $18.69M
YoY Change 0.38% 0.23%
Total Short-Term Liabilities $123.5M $102.2M $110.3M
YoY Change 20.82% -7.3%
Long-Term Debt $2.212B $2.221B $2.276B
YoY Change -0.41% -2.43%
Other Long-Term Liabilities $23.20M $24.27M $10.89M
YoY Change -4.38% 122.88%
Total Long-Term Liabilities $2.235B $2.245B $2.287B
YoY Change -0.45% -1.84%
Total Liabilities $2.533B $2.580B $2.656B
YoY Change -1.83% -2.83%

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
Basic Shares Outstanding
Diluted Shares Outstanding
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: $5.1402 Billion

About Waystar Holding Corp.

Waystar Holding Corp is a US-based company operating in Health Care Technology industry. The company is headquartered in Lehi, Utah and currently employs 1,400 full-time employees. The company went IPO on 2024-06-07. Waystar Holding Corp. provides healthcare organizations with mission-critical cloud software that simplifies healthcare payments. The Company’s enterprise-grade platform, Waystar, streamlines the complex processes. The company leverages internally developed artificial intelligence (AI) as well as proprietary, advanced algorithms to automate payment-related workflow tasks and drive continuous improvement, which enhances claim and billing accuracy, enriches data integrity, and reduces labor costs for providers. The Company’s software is used daily by providers of all types and sizes across the continuum of care, including physician practices, clinics, surgical centers, and laboratories, as well as large hospitals and health systems. Its clients utilize its software to manage pre-encounter workflows, such as eligibility checks and prior authorization approvals, as well as mid- and post-encounter workflows, such as co-pay collection, claims submission and monitoring, and payer remittances.

Industry: Services-Computer Integrated Systems Design Peers: Certara, Inc. Doximity, Inc. Evolent Health, Inc. GoodRx Holdings, Inc. VEEVA SYSTEMS INC