QUOT · Quotient Technology 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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $288.77M | $521.49M | $445.89M | $436.16M | $275.19M | $322.12M |
| Cost of Revenue | $154.88M | $332.67M | $277.91M | $263.61M | $206.23M | $140.75M |
| Gross Profit | $133.89M | $188.82M | $167.97M | $172.55M | $68.96M | $181.36M |
| R&D | $26.30M | $44.94M | $40.32M | $39.08M | $46.87M | $50.01M |
| SG&A | $94.89M | $56.78M | $54.18M | $58.33M | $49.80M | $48.12M |
| Total Operating Expenses | $205.26M | $215.37M | $219.25M | $463.82M | $406.18M | $337.23M |
| D&A | $17.93M | $29.46M | $36.35M | $31.44M | $25.04M | $17.84M |
| Operating Income | ($71.38M) | ($26.55M) | ($51.28M) | ($27.66M) | ($19.23M) | ($15.12M) |
| Interest Expense | $5.64M | $15.18M | $14.52M | $13.96M | $13.41M | $1.59M |
| Income Tax | $522.0K | $3.63M | $719.0K | $660.0K | $482.0K | ($702.0K) |
| Net Income | ($76.51M) | ($45.57M) | ($65.38M) | ($37.06M) | ($28.32M) | ($15.08M) |
| EPS - Basic | ($0.80) | ($0.72) | - | - | - | - |
| EPS - Diluted | ($0.80) | ($0.72) | - | - | - | - |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $56.89M | $237.42M | $222.75M | $224.76M | $302.03M | $334.63M |
| Accounts Receivable | $98.05M | $177.22M | $137.65M | $125.30M | $112.11M | $81.19M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $30.03M | $18.02M | $15.96M | $19.12M | $17.06M | $6.09M |
| Current Assets | $174.73M | $433.94M | $378.95M | $372.09M | $444.92M | $484.46M |
| Total Assets | $363.16M | $635.48M | $586.79M | $591.94M | $662.35M | $629.08M |
| Current Liabilities | $113.61M | $371.36M | $121.50M | $122.28M | $92.11M | $80.32M |
| Long-term Debt | $0 | - | - | - | - | - |
| Total Liabilities | $185.36M | $400.78M | $339.76M | $306.72M | $282.27M | $231.03M |
| Stockholders' Equity | $177.79M | $234.70M | $247.03M | $285.22M | $380.09M | $398.04M |
| Retained Earnings | ($533.65M) | ($495.87M) | ($450.30M) | ($384.92M) | ($322.09M) | ($287.29M) |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($312.0K) | $26.01M | $26.46M | $31.82M | $21.82M | $48.46M |
| Investing Cash Flow | ($19.61M) | ($14.72M) | ($11.37M) | ($16.82M) | ($50.56M) | ($18.25M) |
| Financing Cash Flow | ($160.97M) | $3.31M | ($17.17M) | ($92.23M) | ($26.0K) | $198.28M |
| CapEx | $19.61M | $14.72M | $8.35M | $9.02M | $6.08M | $6.47M |
| Free Cash Flow | ($19.92M) | $11.29M | $18.11M | $22.80M | $15.74M | $41.98M |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 46.4% | 36.2% | 37.7% | 39.6% | 25.1% | 56.3% |
| Operating margin | -24.7% | -5.1% | -11.5% | -6.3% | -7.0% | -4.7% |
| EBITDA margin | -18.5% | 0.6% | -3.3% | 0.9% | 2.1% | 0.8% |
| Net margin | -26.5% | -8.7% | -14.7% | -8.5% | -10.3% | -4.7% |
| Free cash flow margin | -6.9% | 2.2% | 4.1% | 5.2% | 5.7% | 13.0% |
| FCF / Net income | 0.26 | -0.25 | -0.28 | -0.62 | -0.56 | -2.78 |
| R&D / Revenue | 9.1% | 8.6% | 9.0% | 9.0% | 17.0% | 15.5% |
| SG&A / Revenue | 32.9% | 10.9% | 12.2% | 13.4% | 18.1% | 14.9% |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -21.1% | -7.2% | -11.1% | -6.3% | -4.3% | -2.4% |
| Return on equity | -43.0% | -19.4% | -26.5% | -13.0% | -7.5% | -3.8% |
| Return on invested capital | -31.7% | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.54 | 1.17 | 3.12 | 3.04 | 4.83 | 6.03 |
| Quick ratio | 1.54 | 1.17 | 3.12 | 3.04 | 4.83 | 6.03 |
| Cash ratio | 0.50 | 0.64 | 1.83 | 1.84 | 3.28 | 4.17 |
| Leverage | ||||||
| Debt / Equity | 0.00 | - | - | - | - | - |
| Debt / Assets | 0.00 | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -12.7x | -1.7x | -3.5x | -2.0x | -1.4x | -9.5x |
| Equity multiplier | 2.04 | 2.71 | 2.38 | 2.08 | 1.74 | 1.58 |
| Liabilities / Assets | 0.51 | 0.63 | 0.58 | 0.52 | 0.43 | 0.37 |
| Efficiency | ||||||
| Asset turnover | 0.80 | 0.82 | 0.76 | 0.74 | 0.42 | 0.51 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 124d | 124d | 113d | 105d | 149d | 92d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 71d | 20d | 21d | 26d | 30d | 16d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -44.6% | 17.0% | 2.2% | 58.5% | -14.6% | 17.1% |
| Revenue CAGR (3y) | -12.8% | 23.7% | 11.4% | 16.6% | 5.1% | 42.2% |
| Revenue CAGR (5y) | -2.2% | 13.6% | 13.4% | 31.2% | - | - |
| Gross profit growth (YoY) | -29.1% | 12.4% | -2.7% | 150.2% | -62.0% | 13.1% |
| Operating income growth (YoY) | -168.8% | 48.2% | -85.4% | -43.9% | -27.2% | 23.4% |
| Net income growth (YoY) | -67.9% | 30.3% | -76.4% | -30.9% | -87.8% | 22.6% |
| EPS growth (YoY) | -11.1% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | -37.7% | -20.5% | 44.9% | -62.5% | 170.3% |
| FCF CAGR (5y) | - | -6.2% | - | - | - | - |
| Book value growth (YoY) | -24.2% | -5.0% | -13.4% | -25.0% | -4.5% | 27.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$521.49M totalMedia Services$268.66M · 51.5%
Promotion Services$252.83M · 48.5%
Stability scores
Altman Z′
FY 2022 · bankruptcy risk
-0.54
Distress
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
3/9
Weak
- ✗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-Advertising
Comparing Quotient Technology Inc. against the 5 most active filers in the same SIC group.