DCT · Duck Creek Technologies, Inc. - 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 | FY 2022 | FY 2021 |
|---|---|---|
| Revenue | $302.92M | $211.67M |
| Cost of Revenue | $128.29M | $97.17M |
| Gross Profit | $174.62M | $114.50M |
| R&D | $55.36M | $44.05M |
| SG&A | $67.11M | $48.66M |
| Total Operating Expenses | $179.99M | $143.15M |
| D&A | $2.65M | $3.14M |
| Operating Income | ($5.37M) | ($28.66M) |
| Interest Expense | - | $356.0K |
| Income Tax | $1.29M | $1.56M |
| Net Income | ($8.33M) | ($29.93M) |
| EPS - Basic | - | - |
| EPS - Diluted | - | - |
Balance Sheet
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| Cash & Equivalents | $155.26M | $13.88M |
| Accounts Receivable | $29.94M | $34.63M |
| Inventory | - | - |
| Accounts Payable | $2.58M | $2.07M |
| Current Assets | $348.08M | $451.07M |
| Total Assets | $839.68M | $844.13M |
| Current Liabilities | $78.49M | $87.66M |
| Long-term Debt | - | - |
| Total Liabilities | $107.27M | $113.39M |
| Stockholders' Equity | $732.40M | $730.74M |
| Retained Earnings | ($49.60M) | ($41.27M) |
Cash Flow
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| Operating Cash Flow | $10.73M | $25.73M |
| Investing Cash Flow | ($35.64M) | ($6.75M) |
| Financing Cash Flow | ($5.48M) | $358.90M |
| CapEx | $1.28M | $3.85M |
| Free Cash Flow | $9.44M | $21.87M |
Ratios
| Metric | FY 2022 | FY 2021 |
|---|---|---|
| Profitability | ||
| Gross margin | 57.6% | 54.1% |
| Operating margin | -1.8% | -13.5% |
| EBITDA margin | -0.9% | -12.1% |
| Net margin | -2.8% | -14.1% |
| Free cash flow margin | 3.1% | 10.3% |
| FCF / Net income | -1.13 | -0.73 |
| R&D / Revenue | 18.3% | 20.8% |
| SG&A / Revenue | 22.2% | 23.0% |
| Effective tax rate | - | - |
| Return on assets | -1.0% | -3.5% |
| Return on equity | -1.1% | -4.1% |
| Return on invested capital | - | - |
| Liquidity | ||
| Current ratio | 4.43 | 5.15 |
| Quick ratio | 4.43 | 5.15 |
| Cash ratio | 1.98 | 0.16 |
| Leverage | ||
| Debt / Equity | - | - |
| Debt / Assets | - | - |
| Debt / EBITDA | - | - |
| Interest coverage | - | -80.5x |
| Equity multiplier | 1.15 | 1.16 |
| Liabilities / Assets | 0.13 | 0.13 |
| Efficiency | ||
| Asset turnover | 0.36 | 0.25 |
| Inventory turnover | - | - |
| Days sales outstanding | 36d | 60d |
| Days inventory outstanding | - | - |
| Days payable outstanding | 7d | 8d |
| Cash conversion cycle | - | - |
| Valuation | ||
| P / E | - | - |
| P / B | - | - |
| P / S | - | - |
| EV / EBITDA | - | - |
| Growth | ||
| Revenue growth (YoY) | 43.1% | - |
| Revenue CAGR (3y) | - | - |
| Revenue CAGR (5y) | - | - |
| Gross profit growth (YoY) | 52.5% | - |
| Operating income growth (YoY) | 81.3% | - |
| Net income growth (YoY) | 72.2% | - |
| EPS growth (YoY) | - | - |
| EPS CAGR (3y) | - | - |
| EPS CAGR (5y) | - | - |
| FCF growth (YoY) | -56.8% | - |
| FCF CAGR (5y) | - | - |
| Book value growth (YoY) | 0.2% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-08-31.
Product / service
$260.35M totalSubscription And Circulation$125.27M · 48.1%
Technology Service$98.63M · 37.9%
Maintenance$24.29M · 9.3%
License$12.17M · 4.7%
Geographic
$260.35M totalUS$238.91M · 91.8%
All Other$21.44M · 8.2%
Stability scores
Altman Z′
FY 2022 · bankruptcy risk
3.39
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2022 · 9-point quality
5/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- -No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing DUCK CREEK TECHNOLOGIES against the 5 most active filers in the same SIC group.