EVBG (EVBG)
Everbridge, Inc.
NASDAQ:EVBGTechnology · Software - Application
Mkt Cap-
Float41.45M
O/S-
Inst Own-
Dilution
Financials Summary
Revenue$448.79M
Net Income-$47.3M
Total Assets$1.03B
Free Cash Flow$50.82M
Debt & Equity
Debt 56%
Equity 44%
Total Debt$380.19M
Total Equity$302.31M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in EVBG's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.03B
Liabilities$723.58M
Accounts Receivable$127.78M
Accounts Payable$15.01M
Inventory$0
PP&E (Net)$24.38M
Goodwill$517.18M
Intangible Assets$161.89M
Income Statement
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Revenue | $448.79M | $431.89M | $368.43M | $271.14M | $200.88M | $147.09M | $104.35M | $76.85M | $58.72M | $42.42M | $30.04M |
| YoY Growth | 3.9% | 17.2% | 35.9% | 35.0% | 36.6% | 41.0% | 35.8% | 30.9% | 38.4% | 41.2% | - |
| Cost of Revenue | $163.87M | $134.93M | $114.22M | $83.03M | $63.53M | $46.81M | $31.5M | $23.77M | $19.79M | $12.09M | $8.7M |
| Gross Profit | $284.92M | $296.96M | $254.22M | $188.11M | $137.35M | $100.28M | $72.85M | $53.08M | $38.93M | $30.33M | $21.34M |
| Gross Margin | 63.5% | 68.8% | 69.0% | 69.4% | 68.4% | 68.2% | 69.8% | 69.1% | 66.3% | 71.5% | 71.0% |
| Research and Development | $91.17M | $95.99M | $81.65M | $62.51M | $50.02M | $41.3M | $22.24M | $14.77M | $11.52M | $7.37M | $5.7M |
| Selling, General, and Administrative | $279.61M | $272.99M | $248.82M | $197.81M | $134.55M | $101.07M | $69.89M | $49.14M | $38.2M | $23.25M | $16.05M |
| Other | $820K | $777K | -$2.75M | -$921K | -$212K | -$124K | -$86K | -$12K | -$62K | -$78K | -$76K |
| Total Operating Expenses | $332.56M | $368.97M | $330.47M | $260.33M | $184.57M | $142.38M | $92.13M | $63.91M | $49.72M | $30.62M | $21.74M |
| Operating Income (EBIT) | -$47.65M | -$72.01M | -$76.25M | -$72.21M | -$47.23M | -$42.09M | -$19.29M | -$10.83M | -$10.79M | -$286K | -$403K |
| Operating Margin | -10.6% | -16.7% | -20.7% | -26.6% | -23.5% | -28.6% | -18.5% | -14.1% | -18.4% | -0.7% | -1.3% |
| Interest Expense | $2.8M | $5.11M | $35.95M | $24.09M | $7.48M | $6.35M | $691K | $506K | $538K | $350K | $295K |
| Interest Income | $7.12M | $5.7M | $390K | $2.01M | $4.5M | $1.84M | $475K | $34K | $1K | $2K | $3K |
| Other Income (Expense) | $4.05M | $8.44M | -$31.13M | -$23.45M | -$4.6M | -$4.63M | -$302K | -$484K | -$599K | -$426K | -$368K |
| Income Before Tax (EBT) | -$43.6M | -$63.57M | -$107.38M | -$95.66M | -$51.83M | -$46.72M | -$19.59M | -$11.31M | -$11.39M | -$712K | -$771K |
| Income Tax Expense | $3.71M | -$2.4M | -$12.58M | -$2.27M | $425K | $796K | $47K | -$24K | -$562K | -$89K | $118K |
| Net Income | -$47.3M | -$61.17M | -$94.8M | -$93.4M | -$52.25M | -$47.52M | -$19.63M | -$11.29M | -$10.82M | -$623K | -$889K |
| Net Income Margin | -10.5% | -14.2% | -25.7% | -34.4% | -26.0% | -32.3% | -18.8% | -14.7% | -18.4% | -1.5% | -3.0% |
| Supplementary Data | |||||||||||
| EPS | -1.16 | -1.54 | -2.50 | -2.70 | -1.58 | -1.63 | -0.70 | -0.68 | -0.52 | -0.03 | -0.04 |
| Diluted EPS | -1.08 | -1.34 | -2.50 | -2.70 | -1.58 | -1.63 | -0.70 | -0.68 | -0.52 | -0.03 | -0.04 |
| Weighted Average OS | 40.67M | 39.68M | 37.96M | 34.58M | 33.16M | 29.11M | 27.86M | 16.60M | 20.64M | 20.64M | 20.61M |
| EBITDA | $18.01M | $2.13M | -$18.26M | -$40.81M | -$24.68M | -$26.68M | -$8.69M | -$3.06M | -$4.87M | $2.15M | $1.98M |
| EBITDA Margin | 4.0% | 0.5% | -5.0% | -15.1% | -12.3% | -18.1% | -8.3% | -4.0% | -8.3% | 5.1% | 6.6% |
Balance Sheet
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $124.56M | $198.72M | $488.04M | $467.17M | $531.58M | $59.98M | $102.75M | $60.77M | $8.58M | $4.41M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $45.54M | $42.91M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $124.56M | $198.72M | $488.04M | $467.17M | $531.58M | $105.52M | $145.66M | $60.77M | $8.58M | $4.41M |
| Accounts Receivable | $127.78M | $119.99M | $121M | $94.38M | $68.64M | $41.11M | $31.7M | $17.81M | $15.7M | $11.25M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $11.48M | $2.86M | $1.77M | $1.37M | $715K |
| Other Current Assets | $21.09M | $53.53M | $46.09M | $36.91M | $24.91M | $4.49M | $6.1M | $4.31M | $5.34M | $1.77M |
| Total Current Assets | $273.43M | $372.24M | $655.12M | $598.45M | $625.13M | $162.6M | $183.46M | $82.88M | $29.62M | $17.43M |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $24.38M | $8.99M | $12.19M | $7.77M | $6.28M | $4.65M | $2.8M | $2.92M | $3.62M | $2.65M |
| Goodwill | $517.18M | $508.78M | $531.16M | $187.41M | $91.42M | $48.38M | $31.33M | $9.68M | $7.84M | $7.84M |
| Intangible Assets | $161.89M | $193.55M | $242.04M | $130.09M | $81.39M | $36.09M | $18.64M | $12.73M | $12.3M | $12.06M |
| Long-Term Investments | $811K | $823K | $843K | $3.79M | $3.35M | $10.18M | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $44.39M | -$823K | -$843K | -$3.79M | $42.84M | $83K | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $3.8M | $42.1M | $38.51M | $37.22M | -$13.11M | $195K | $189K | $108K | $133K | $76K |
| Total Long-Term Assets | $752.45M | $753.42M | $823.9M | $362.49M | $212.17M | $99.58M | $52.95M | $25.44M | $23.89M | $22.63M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.03B | $1.13B | $1.48B | $960.94M | $837.3M | $262.18M | $236.41M | $108.32M | $53.51M | $40.07M |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $15.01M | $10.85M | $16M | $9.7M | $7.81M | $2.72M | $2.45M | $2.43M | $3.52M | $1.75M |
| Short-Term Debt | $63.11M | $0 | $8K | $0 | $0 | $427K | $0 | $0 | $2.85M | $6.86M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $242.79M | $233.11M | $223.58M | $165.39M | $130M | $92.74M | $70.09M | $50.41M | $39.16M | $27.7M |
| Other Current Liabilities | $78.09M | $57.45M | $64.74M | $61.14M | $31.56M | $24.16M | $14.43M | $9.96M | $8.09M | $34.76M |
| Total Current Liabilities | $399M | $301.41M | $304.33M | $236.23M | $169.37M | $120.05M | $86.96M | $62.81M | $53.62M | $43.37M |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $296.56M | $500.3M | $665.7M | $441.51M | $430.28M | $94.1M | $89.48M | $0 | $14.12M | $0 |
| Long-Term Unearned Revenue | $6.43M | $9.28M | $14.26M | $4.74M | $3.47M | $2.9M | $2.98M | $2.22M | $1.31M | $1.15M |
| Long-Term Deferred Tax Liabilities | $4.32M | $6.24M | $16.08M | $10.06M | $2M | $1.03M | $482K | $494K | $345K | $776K |
| Other Long-Term Liabilities | $17.27M | $19.33M | $15.96M | $16.09M | $11.86M | $1.95M | $515K | $447K | $166K | $99K |
| Total Long-Term Liabilities | $324.58M | $535.15M | $712M | $472.41M | $447.62M | $99.97M | $93.46M | $3.16M | $15.94M | $2.02M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $723.58M | $836.55M | $1.02B | $708.64M | $616.98M | $220.02M | $180.42M | $65.97M | $69.56M | $45.39M |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8K | $8K |
| Common Stock | $41K | $40K | $39K | $35K | $34K | $30K | $28K | $27K | $12K | $12K |
| Retained Earnings | -$449.43M | -$402.12M | -$388.11M | -$293.32M | -$199.92M | -$147.67M | -$109.25M | -$89.62M | -$78.33M | -$67.51M |
| Comprehensive Income & Other | -$20.08M | -$29.95M | -$2.9M | $2.81M | -$5.75M | -$5.07M | $220K | -$303K | -$13K | -$42K |
| Other Stockholders' Equity | $751.7M | $691.2M | $850.76M | $545.59M | $420.2M | $189.8M | $165.22M | $131.94M | $62.27M | $62.17M |
| Total Equity | $302.31M | $289.11M | $462.69M | $252.31M | $220.31M | $42.16M | $55.99M | $42.35M | -$16.05M | -$5.33M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.03B | $1.13B | $1.48B | $960.94M | $837.3M | $262.18M | $236.41M | $108.32M | $53.51M | $40.07M |
| Supplementary Data | ||||||||||
| Total Debt | $380.19M | $500.3M | $665.7M | $441.51M | $430.28M | $94.52M | $89.48M | $0 | $16.97M | $6.86M |
| Net Debt | $255.63M | $301.57M | $177.67M | -$25.66M | -$101.29M | $34.55M | -$13.27M | -$60.77M | $8.39M | $2.45M |
Cash Flow Statement
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||
| Net Income | -$47.3M | -$61.17M | -$94.8M | -$93.4M | -$52.25M | -$47.52M | -$19.63M | -$11.29M | -$10.82M | -$623K | -$889K | -$5.09M |
| Depreciation & Amortization | $58.81M | $60.6M | $53.17M | $30.76M | $19.67M | $13.69M | $10.21M | $7.74M | $5.98M | $2.51M | $2.46M | $932K |
| Deferred Income Tax | -$1.91M | -$5.18M | -$12.97M | -$3.48M | $2.07M | $125K | -$47K | -$138K | -$431K | -$315K | $0 | $0 |
| Stock-Based Compensation | $48.89M | $47.62M | $44.09M | $46.76M | $33.49M | $0 | $9.22M | $3.06M | $1.49M | $376K | $176K | $2.3M |
| Changes in Working Capital: | ||||||||||||
| Accounts Receivable | -$1.06M | -$848K | -$18.19M | -$22.61M | -$25.56M | -$2.62M | -$13.07M | -$2.29M | -$4.81M | -$1.01M | -$2.07M | -$1.88M |
| Inventory | $0 | $0 | $119K | $8.14M | $164K | $706K | $1.98M | $337K | $59K | $1.18M | $1.45M | $0 |
| Accounts Payable | $4.19M | -$4.86M | $3.77M | $1.55M | $5.31M | -$1.26M | -$90K | -$423K | $866K | $414K | -$245K | $0 |
| Other Working Capital | $122K | -$20.64M | $9.8M | $6.06M | $14.41M | $4.88M | $16.38M | $11.98M | $11.62M | $4.97M | $3.05M | $0 |
| Total Working Capital Change | $3.25M | -$26.34M | -$4.49M | -$6.87M | -$5.67M | $1.7M | $5.2M | $9.6M | $7.74M | $5.56M | $2.18M | -$1.88M |
| Other Non-Cash Items | $10.84M | $4.65M | $37.19M | $42.03M | $13.01M | $9.7M | -$79K | $528K | $507K | $206K | $72K | $4.83M |
| Net Cash from Operating | $72.58M | $20.17M | $22.19M | $15.8M | $10.32M | $3.29M | $4.86M | $9.5M | $4.45M | $7.72M | $4M | $668K |
| Investing Activities | ||||||||||||
| Capital Expenditures | -$21.76M | -$18.53M | -$19.75M | -$30.05M | -$13.09M | -$10.42M | -$7.83M | -$6.71M | -$7.4M | -$3.83M | -$1.45M | -$257K |
| Acquisitions | $4.37M | -$1.58M | -$262.08M | -$55.14M | -$58.42M | -$35.86M | -$21.23M | -$2.31M | $0 | -$304K | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | -$1.98M | -$87.2M | -$60.76M | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $47.77M | $85.07M | $18.06M | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $88K | $1.22M | -$14.7M | -$26.79M | $1.14M | -$10.84M | $500K | -$5.74M | -$4.9M | -$1.68M | $115K | -$1.28M |
| Net Cash from Investing | -$17.3M | -$18.89M | -$281.84M | -$85.19M | -$24.57M | -$48.41M | -$71.27M | -$9.02M | -$7.4M | -$4.14M | -$1.33M | -$1.53M |
| Financing Activities | ||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $5.61M | $3.31M | $7.7M | $53.19M | $139.11M | $11.7M | $10.44M | $69.75M | $49K | $0 | $25K | $0 |
| Common Stock Repurchases | -$7.88M | -$6.31M | -$10.08M | -$6.36M | -$4.6M | -$7.92M | $0 | $0 | -$1.5M | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$131.9M | -$290.52M | $276.34M | $5.05M | $494.1M | $3.1M | $108.47M | $51.47M | $7.22M | -$2.12M | -$1.35M | $535K |
| Net Cash from Financing | -$131.9M | -$290.52M | $276.34M | $5.05M | $494.1M | $3.1M | $108.47M | $51.47M | $7.22M | -$2.12M | -$1.35M | $535K |
| Forex Effect | $401K | -$1.92M | $427K | $296K | -$250K | -$964K | -$83K | $234K | -$100K | -$88K | $17K | $4K |
| Net Change in Cash | -$76.21M | -$291.16M | $17.13M | -$64.03M | $479.59M | -$42.98M | $41.99M | $52.19M | $4.17M | $1.37M | $1.33M | -$328K |
| Supplementary Data | ||||||||||||
| Operating Cash Flow | $72.58M | $20.17M | $22.19M | $15.8M | $10.32M | $3.29M | $4.86M | $9.5M | $4.45M | $7.72M | $4M | $668K |
| Capital Expenditure | -$21.76M | -$18.53M | -$19.75M | -$30.05M | -$13.09M | -$10.42M | -$7.83M | -$6.71M | -$7.4M | -$3.83M | -$1.45M | -$257K |
| Free Cash Flow | $50.82M | $1.64M | $2.44M | -$14.24M | -$2.77M | -$7.13M | -$2.96M | $2.79M | -$2.95M | $3.88M | $2.55M | $411K |
| Cash at Beginning | $200.77M | $492.76M | $475.63M | $539.66M | $60.07M | $103.05M | $60.77M | $8.58M | $4.41M | $3.04M | $1.71M | $2.04M |
| Cash at End | $124.56M | $201.59M | $492.76M | $475.63M | $539.66M | $60.07M | $102.75M | $60.77M | $8.58M | $4.41M | $3.04M | $1.71M |