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 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $65.71M | $59.27M | - | $70.34M | $69.25M | $78.46M | - | $135.88M | $123.88M | $115.32M |
| Cost of Revenue | $34.78M | $30.37M | - | $36.77M | $37.27M | $49.08M | - | $86.53M | $82.16M | $71.98M |
| Gross Profit | $30.93M | $28.90M | - | $33.57M | $31.98M | $29.38M | - | $49.35M | $41.72M | $43.33M |
| R&D | $6.63M | $5.43M | - | $4.90M | $7.07M | $9.76M | - | $11.07M | $11.41M | $12.06M |
| SG&A | $15.41M | $21.19M | - | $16.40M | $42.87M | $22.71M | - | $12.24M | $15.01M | $12.83M |
| Total Operating Expenses | $44.37M | $44.59M | - | $41.24M | $71.40M | $54.40M | - | $52.96M | $55.13M | $52.54M |
| D&A | $3.90M | $4.22M | - | $2.50M | $2.10M | $4.56M | - | $2.10M | $1.50M | $9.43M |
| Operating Income | ($13.44M) | ($15.69M) | - | ($7.67M) | ($39.42M) | ($25.02M) | - | ($3.62M) | ($13.41M) | ($9.21M) |
| Interest Expense | $2.85M | $2.34M | - | $1.84M | $1.18M | $1.15M | - | $3.81M | $3.77M | $3.73M |
| Income Tax | ($247.0K) | ($454.0K) | - | ($2.14M) | $2.35M | $166.0K | - | $323.0K | $218.0K | $249.0K |
| Net Income | ($15.90M) | ($17.67M) | - | ($7.17M) | ($43.36M) | ($26.31M) | - | ($7.84M) | ($17.20M) | ($13.41M) |
| EPS - Basic | ($0.16) | ($0.18) | - | ($0.07) | ($0.45) | ($0.28) | - | ($0.05) | ($0.18) | ($0.19) |
| EPS - Diluted | ($0.16) | ($0.18) | - | ($0.07) | ($0.45) | ($0.28) | - | ($0.05) | ($0.21) | ($0.19) |
Balance Sheet
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $44.90M | $44.78M | $56.89M | $208.39M | $214.94M | $202.58M | $237.42M | $244.94M | $238.30M | $241.09M |
| Accounts Receivable | $69.09M | $81.51M | $98.05M | $96.06M | $97.08M | $114.26M | $177.22M | $156.40M | $134.23M | $119.67M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $28.93M | $21.43M | $30.03M | $23.80M | $28.06M | $8.58M | $18.02M | $15.00M | $12.29M | $9.09M |
| Current Assets | $140.43M | $146.40M | $174.73M | $324.85M | $333.25M | $337.36M | $433.94M | $415.79M | $388.62M | $374.43M |
| Total Assets | $326.24M | $333.65M | $363.16M | $512.05M | $520.68M | $530.27M | $635.48M | $604.54M | $583.05M | $578.41M |
| Current Liabilities | $102.18M | $95.76M | $113.61M | $314.21M | $319.17M | $299.41M | $371.36M | $158.39M | $139.29M | $125.91M |
| Long-term Debt | $47.20M | $47.62M | $48.03M | - | - | - | $0 | - | - | - |
| Total Liabilities | $170.60M | $166.02M | $185.36M | $339.27M | $345.71M | $327.38M | $400.78M | $368.99M | $343.27M | $327.85M |
| Stockholders' Equity | $155.64M | $167.63M | $177.79M | $172.78M | $174.98M | $202.90M | $234.70M | $235.55M | $239.77M | $250.57M |
| Retained Earnings | ($567.22M) | ($551.32M) | ($533.65M) | ($533.97M) | ($526.80M) | ($483.44M) | ($495.87M) | ($488.76M) | ($480.92M) | ($463.72M) |
Cash Flow
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($6.61M) | - | - | - | ($25.61M) | - | - | - | $10.51M |
| Investing Cash Flow | - | ($4.77M) | - | - | - | ($2.56M) | - | - | - | ($2.80M) |
| Financing Cash Flow | - | ($694.0K) | - | - | - | ($6.74M) | - | - | - | $10.66M |
| CapEx | - | $4.77M | - | - | - | $2.56M | - | - | - | $2.80M |
| Free Cash Flow | - | ($11.38M) | - | - | - | ($28.16M) | - | - | - | $7.71M |
Ratios
| Metric | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 47.1% | 48.8% | - | 47.7% | 46.2% | 37.4% | - | 36.3% | 33.7% | 37.6% |
| Operating margin | -20.5% | -26.5% | - | -10.9% | -56.9% | -31.9% | - | -2.7% | -10.8% | -8.0% |
| EBITDA margin | -14.5% | -19.4% | - | -7.3% | -53.9% | -26.1% | - | -1.1% | -9.6% | 0.2% |
| Net margin | -24.2% | -29.8% | - | -10.2% | -62.6% | -33.5% | - | -5.8% | -13.9% | -11.6% |
| Free cash flow margin | - | -19.2% | - | - | - | -35.9% | - | - | - | 6.7% |
| FCF / Net income | - | 0.64 | - | - | - | 1.07 | - | - | - | -0.57 |
| R&D / Revenue | 10.1% | 9.2% | - | 7.0% | 10.2% | 12.4% | - | 8.1% | 9.2% | 10.5% |
| SG&A / Revenue | 23.5% | 35.8% | - | 23.3% | 61.9% | 28.9% | - | 9.0% | 12.1% | 11.1% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -4.9% | -5.3% | - | -1.4% | -8.3% | -5.0% | - | -1.3% | -3.0% | -2.3% |
| Return on equity | -10.2% | -10.5% | - | -4.1% | -24.8% | -13.0% | - | -3.3% | -7.2% | -5.4% |
| Return on invested capital | -5.2% | -5.8% | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.37 | 1.53 | 1.54 | 1.03 | 1.04 | 1.13 | 1.17 | 2.63 | 2.79 | 2.97 |
| Quick ratio | 1.37 | 1.53 | 1.54 | 1.03 | 1.04 | 1.13 | 1.17 | 2.63 | 2.79 | 2.97 |
| Cash ratio | 0.44 | 0.47 | 0.50 | 0.66 | 0.67 | 0.68 | 0.64 | 1.55 | 1.71 | 1.91 |
| Leverage | ||||||||||
| Debt / Equity | 0.30 | 0.28 | 0.27 | - | - | - | 0.00 | - | - | - |
| Debt / Assets | 0.14 | 0.14 | 0.13 | - | - | - | 0.00 | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -4.7x | -6.7x | - | -4.2x | -33.4x | -21.7x | - | -0.9x | -3.6x | -2.5x |
| Equity multiplier | 2.10 | 1.99 | 2.04 | 2.96 | 2.98 | 2.61 | 2.71 | 2.57 | 2.43 | 2.31 |
| Liabilities / Assets | 0.52 | 0.50 | 0.51 | 0.66 | 0.66 | 0.62 | 0.63 | 0.61 | 0.59 | 0.57 |
| Efficiency | ||||||||||
| Asset turnover | 0.20 | 0.18 | - | 0.14 | 0.13 | 0.15 | - | 0.22 | 0.21 | 0.20 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 384d | 502d | - | 498d | 512d | 532d | - | 420d | 395d | 379d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 304d | 258d | - | 236d | 275d | 64d | - | 63d | 55d | 46d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -5.1% | -24.5% | - | -48.2% | -44.1% | -32.0% | - | 12.2% | 48.4% | 16.7% |
| Revenue CAGR (3y) | -7.7% | -15.7% | - | -15.1% | -12.9% | -7.2% | - | 18.4% | 11.4% | 9.9% |
| Revenue CAGR (5y) | -6.0% | -7.3% | - | -3.0% | -1.4% | 1.6% | - | 15.4% | 13.0% | 11.8% |
| Gross profit growth (YoY) | -3.3% | -1.6% | - | -32.0% | -23.3% | -32.2% | - | 3.9% | 27.5% | 15.0% |
| Operating income growth (YoY) | 65.9% | 37.3% | - | -112.1% | -193.9% | -171.8% | - | -708.7% | 14.8% | 31.8% |
| Net income growth (YoY) | 63.3% | 32.8% | - | 8.6% | -152.1% | -96.1% | - | -85.9% | 10.1% | 19.8% |
| EPS growth (YoY) | 64.4% | 35.7% | - | -40.0% | -114.3% | -47.4% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | 59.6% | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -11.0% | -17.4% | -24.2% | -26.6% | -27.0% | -19.0% | -5.0% | -10.4% | -8.6% | -8.6% |
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%
Peer comparison
Same SIC group: Services-Advertising
Comparing Quotient Technology Inc. against the 5 most active filers in the same SIC group.