CVT · Cvent Holding Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $166.21M | - | $134.06M | $160.96M | $137.36M | - | - | - | - | - |
| Cost of Revenue | $60.69M | - | $50.63M | $65.56M | $56.20M | - | - | - | - | - |
| Gross Profit | $105.51M | - | $98.31M | $95.40M | $81.16M | - | - | - | - | - |
| R&D | $35.97M | - | $25.68M | $24.66M | $31.41M | - | - | - | - | - |
| SG&A | $39.77M | - | $24.68M | $26.00M | $24.95M | - | $2.26M | $1.41M | $374.1K | - |
| Total Operating Expenses | $132.41M | - | $100.96M | $120.11M | $80.30M | - | - | - | - | - |
| D&A | $30.58M | - | $1.90M | $2.90M | $31.27M | - | - | - | - | - |
| Operating Income | ($26.90M) | - | ($15.65M) | ($24.71M) | ($27.45M) | - | ($2.26M) | ($1.41M) | ($374.1K) | - |
| Interest Expense | $2.65M | - | $7.55M | $7.64M | $2.59M | - | - | - | - | - |
| Income Tax | $4.11M | - | $1.97M | $1.33M | $1.29M | - | - | - | $0 | - |
| Net Income | ($32.64M) | - | ($18.23M) | ($31.50M) | ($31.39M) | - | ($2.26M) | ($1.40M) | ($371.6K) | - |
| EPS - Basic | ($0.07) | - | ($0.04) | ($0.05) | - | - | - | - | - | - |
| EPS - Diluted | ($0.07) | - | ($0.06) | ($0.05) | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $102.22M | $99.11M | $107.71M | $107.87M | $188.07M | $126.53M | $0 | $1.97M | $2.03M | $65.47M |
| Accounts Receivable | $97.02M | $120.36M | $76.00M | $79.12M | $92.88M | $112.25M | - | - | - | $141.11M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $2.80M | $2.15M | $4.15M | $2.70M | $2.19M | $2.67M | - | - | - | $4.08M |
| Current Assets | $307.88M | $305.71M | $233.04M | $247.15M | $337.92M | $285.19M | $1.90M | $2.87M | $3.11M | - |
| Total Assets | $2.26B | $2.27B | $2.21B | $2.24B | $2.34B | $2.31B | $277.91M | $278.88M | $279.11M | - |
| Current Liabilities | $468.72M | $401.73M | $401.43M | $403.70M | $417.14M | $358.62M | $4.69M | $3.39M | $25.3K | - |
| Long-term Debt | $138.00M | $208.00M | $165.00M | $195.00M | $262.59M | $262.30M | - | - | - | $753.95M |
| Total Liabilities | $658.05M | $655.07M | $613.43M | $648.43M | $732.56M | $676.62M | $14.35M | $13.05M | $9.69M | - |
| Stockholders' Equity | $1.60B | $1.61B | $1.59B | $1.59B | $1.61B | $1.63B | $0 | ($10.18M) | ($8.31M) | - |
| Retained Earnings | ($984.52M) | ($951.88M) | ($932.73M) | ($914.50M) | ($883.00M) | ($851.61M) | ($12.44M) | ($10.18M) | ($8.31M) | - |
Cash Flow
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $92.53M | - | - | - | $79.92M | - | - | - | ($57.9K) | - |
| Investing Cash Flow | ($25.00M) | - | - | - | ($17.68M) | - | - | - | - | - |
| Financing Cash Flow | ($64.87M) | - | - | - | $510.0K | - | - | - | $2.00M | - |
| CapEx | $2.36M | - | - | - | $1.04M | - | - | - | - | - |
| Free Cash Flow | $90.17M | - | - | - | $78.89M | - | - | - | - | - |
Ratios
| Metric | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 63.5% | - | 73.3% | 59.3% | 59.1% | - | - | - | - | - |
| Operating margin | -16.2% | - | -11.7% | -15.4% | -20.0% | - | - | - | - | - |
| EBITDA margin | 2.2% | - | -10.3% | -13.5% | 2.8% | - | - | - | - | - |
| Net margin | -19.6% | - | -13.6% | -19.6% | -22.9% | - | - | - | - | - |
| Free cash flow margin | 54.3% | - | - | - | 57.4% | - | - | - | - | - |
| FCF / Net income | -2.76 | - | - | - | -2.51 | - | - | - | - | - |
| R&D / Revenue | 21.6% | - | 19.2% | 15.3% | 22.9% | - | - | - | - | - |
| SG&A / Revenue | 23.9% | - | 18.4% | 16.2% | 18.2% | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1.4% | - | -0.8% | -1.4% | -1.3% | - | -0.8% | -0.5% | -0.1% | - |
| Return on equity | -2.0% | - | -1.1% | -2.0% | -2.0% | - | - | 13.8% | 4.5% | - |
| Return on invested capital | -1.2% | - | -0.7% | -1.1% | -1.2% | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.66 | 0.76 | 0.58 | 0.61 | 0.81 | 0.80 | 0.40 | 0.84 | 122.77 | - |
| Quick ratio | 0.66 | 0.76 | 0.58 | 0.61 | 0.81 | 0.80 | 0.40 | 0.84 | 122.77 | - |
| Cash ratio | 0.22 | 0.25 | 0.27 | 0.27 | 0.45 | 0.35 | 0.00 | 0.58 | 80.33 | - |
| Leverage | ||||||||||
| Debt / Equity | 0.09 | 0.13 | 0.10 | 0.12 | 0.16 | 0.16 | - | - | - | - |
| Debt / Assets | 0.06 | 0.09 | 0.07 | 0.09 | 0.11 | 0.11 | - | - | - | - |
| Debt / EBITDA | 37.48 | - | - | - | 68.62 | - | - | - | - | - |
| Interest coverage | -10.2x | - | -2.1x | -3.2x | -10.6x | - | - | - | - | - |
| Equity multiplier | 1.41 | 1.41 | 1.39 | 1.41 | 1.46 | 1.42 | - | -27.40 | -33.57 | - |
| Liabilities / Assets | 0.29 | 0.29 | 0.28 | 0.29 | 0.31 | 0.29 | 0.05 | 0.05 | 0.03 | - |
| Efficiency | ||||||||||
| Asset turnover | 0.07 | - | 0.06 | 0.07 | 0.06 | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 213d | - | 207d | 179d | 247d | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 17d | - | 30d | 15d | 14d | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 21.0% | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 30.0% | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 2.0% | - | -590.9% | -1657.7% | -7235.8% | - | - | - | - | - |
| Net income growth (YoY) | -4.0% | - | -707.1% | -2150.8% | -8346.0% | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 14.3% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -0.6% | -1.1% | - | - | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$518.81M totalEvent Cloud Subscription Based Solutions$362.07M · 69.8%
Hospitality Cloud Marketing And Subscription Based Solutions$156.74M · 30.2%
Geographic
$518.81M totalNorth America$450.02M · 86.7%
Outside North America$68.79M · 13.3%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing CVENT HOLDING CORP. against the 5 most active filers in the same SIC group.