LSYN · Liberated Syndication 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 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '18 | Q2 '18 | Q1 '18 | Q4 '18 | Q4 '17 | Q3 '17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.51M | $6.35M | $6.25M | - | $6.22M | $5.70M | $6.28M | - | - | $2.73M |
| Cost of Revenue | $937.9K | $622.3K | $807.2K | - | $881.2K | $860.8K | $839.6K | - | - | $797.7K |
| Gross Profit | $5.57M | $5.73M | $5.45M | - | $5.34M | $4.84M | $4.35M | - | - | $1.93M |
| R&D | - | - | - | - | - | - | $373.3K | - | - | - |
| SG&A | $4.82M | $1.69M | $1.95M | - | $2.34M | $1.91M | $1.83M | - | - | $695.4K |
| Total Operating Expenses | $7.93M | $4.42M | $4.83M | - | $5.39M | $4.83M | $4.72M | - | - | $771.0K |
| D&A | $428.2K | $510.3K | $514.0K | - | $712.0K | $745.1K | $742.1K | - | - | - |
| Operating Income | ($1.42M) | $1.93M | $1.42M | - | $827.5K | $868.9K | $1.56M | - | - | $1.16M |
| Interest Expense | ($27.3K) | $34.2K | $62.3K | - | $75.3K | $82.9K | $86.8K | - | - | - |
| Income Tax | $727.3K | $1.63M | $304.5K | - | $0 | $0 | $0 | - | - | - |
| Net Income | ($2.02M) | $275.4K | $1.12M | - | $819.4K | $848.0K | $1.53M | - | - | $1.16M |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '18 | Q2 '18 | Q1 '18 | Q4 '18 | Q4 '17 | Q3 '17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $13.82M | $19.43M | $17.89M | $16.62M | $15.73M | $14.21M | $12.52M | $11.08M | $5.21M | $7.37M |
| Accounts Receivable | $377.1K | $429.5K | $472.9K | $549.0K | $548.9K | $479.1K | $398.8K | $481.9K | $660.1K | $591.6K |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $753.2K | $701.3K | $1.29M | $760.2K | $1.11M | $724.3K | $567.2K | $745.9K | $440.6K | $429.4K |
| Current Assets | $15.96M | $20.97M | $19.10M | $17.78M | $16.94M | $15.28M | $13.46M | $12.01M | $6.06M | $8.01M |
| Total Assets | $40.33M | $46.96M | $45.61M | $44.60M | $42.85M | $41.95M | $40.78M | $38.61M | $35.07M | $19.58M |
| Current Liabilities | $8.70M | $11.19M | $9.72M | $9.46M | $7.80M | $7.25M | $6.47M | $6.11M | $4.09M | $604.7K |
| Long-term Debt | $918.1K | $1.31M | $1.71M | $4.80M | $4.50M | $4.89M | $5.29M | $8.40M | $10.00M | - |
| Total Liabilities | $12.36M | $15.33M | $14.33M | $14.51M | $13.37M | $13.29M | $13.00M | $12.17M | $12.62M | $604.7K |
| Stockholders' Equity | $27.97M | $31.63M | $31.28M | $30.09M | $29.48M | $28.66M | $27.82M | $26.44M | $22.45M | $18.98M |
| Retained Earnings | ($5.81M) | ($3.78M) | ($4.06M) | ($5.18M) | ($5.40M) | ($6.22M) | ($7.07M) | ($8.60M) | ($12.39M) | ($7.83M) |
Cash Flow
| Line item | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '18 | Q2 '18 | Q1 '18 | Q4 '18 | Q4 '17 | Q3 '17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $1.82M | - | - | - | $2.00M | - | - | - |
| Investing Cash Flow | - | - | ($158.4K) | - | - | - | ($143.3K) | - | - | - |
| Financing Cash Flow | - | - | ($400.8K) | - | - | - | ($417.9K) | - | - | - |
| CapEx | - | - | $158.4K | - | - | - | $143.3K | - | - | - |
| Free Cash Flow | - | - | $1.67M | - | - | - | $1.85M | - | - | - |
Ratios
| Metric | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '18 | Q2 '18 | Q1 '18 | Q4 '18 | Q4 '17 | Q3 '17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 85.6% | 90.2% | 87.1% | - | 85.8% | 84.9% | 69.3% | - | - | 70.8% |
| Operating margin | -21.7% | 30.3% | 22.7% | - | 13.3% | 15.2% | 24.9% | - | - | 42.5% |
| EBITDA margin | -15.2% | 38.4% | 30.9% | - | 24.8% | 28.3% | 36.7% | - | - | - |
| Net margin | -31.1% | 4.3% | 17.9% | - | 13.2% | 14.9% | 24.3% | - | - | 42.5% |
| Free cash flow margin | - | - | 26.6% | - | - | - | 29.5% | - | - | - |
| FCF / Net income | - | - | 1.49 | - | - | - | 1.21 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | 5.9% | - | - | - |
| SG&A / Revenue | 74.0% | 26.6% | 31.2% | - | 37.6% | 33.4% | 29.1% | - | - | 25.5% |
| Effective tax rate | - | 85.5% | 21.4% | - | 0.0% | 0.0% | 0.0% | - | - | - |
| Return on assets | -5.0% | 0.6% | 2.5% | - | 1.9% | 2.0% | 3.7% | - | - | 5.9% |
| Return on equity | -7.2% | 0.9% | 3.6% | - | 2.8% | 3.0% | 5.5% | - | - | 6.1% |
| Return on invested capital | -3.9% | 2.9% | 3.4% | - | 2.4% | 2.6% | 4.7% | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.83 | 1.87 | 1.97 | 1.88 | 2.17 | 2.11 | 2.08 | 1.97 | 1.48 | 13.24 |
| Quick ratio | 1.83 | 1.87 | 1.97 | 1.88 | 2.17 | 2.11 | 2.08 | 1.97 | 1.48 | 13.24 |
| Cash ratio | 1.59 | 1.74 | 1.84 | 1.76 | 2.02 | 1.96 | 1.93 | 1.81 | 1.27 | 12.19 |
| Leverage | ||||||||||
| Debt / Equity | 0.03 | 0.04 | 0.05 | 0.16 | 0.15 | 0.17 | 0.19 | 0.32 | 0.45 | - |
| Debt / Assets | 0.02 | 0.03 | 0.04 | 0.11 | 0.10 | 0.12 | 0.13 | 0.22 | 0.29 | - |
| Debt / EBITDA | - | 0.54 | 0.88 | - | 2.92 | 3.03 | 2.29 | - | - | - |
| Interest coverage | 51.8x | 56.4x | 22.8x | - | 11.0x | 10.5x | 18.0x | - | - | - |
| Equity multiplier | 1.44 | 1.48 | 1.46 | 1.48 | 1.45 | 1.46 | 1.47 | 1.46 | 1.56 | 1.03 |
| Liabilities / Assets | 0.31 | 0.33 | 0.31 | 0.33 | 0.31 | 0.32 | 0.32 | 0.32 | 0.36 | 0.03 |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | 0.14 | 0.14 | - | 0.15 | 0.14 | 0.15 | - | - | 0.14 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 21d | 25d | 28d | - | 32d | 31d | 23d | - | - | 79d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 293d | 411d | 585d | - | 458d | 307d | 247d | - | - | 196d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | 127.8% | 128.1% | 204.2% | - | - | 41.3% |
| Revenue CAGR (3y) | 33.6% | 36.5% | 44.7% | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | 176.2% | 176.4% | 208.6% | - | - | 24.6% |
| Operating income growth (YoY) | - | - | - | - | -28.8% | -10.2% | 163.1% | - | - | 44.1% |
| Net income growth (YoY) | - | - | - | - | -29.5% | -12.3% | 157.1% | - | - | 48.3% |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | 13.8% | 55.4% | 60.9% | 62.1% | 17.8% | 41.5% | 24.7% |
Peer comparison
Same SIC group: Services-Computer Processing & Data Preparation
Comparing Liberated Syndication Inc. against the 5 most active filers in the same SIC group.