MLNK (MLNK)
MeridianLink, Inc.
NYSE:MLNKTechnology · Software - Application
Mkt Cap-
Float33.15M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$316.3M
Net Income-$29.77M
Total Assets$961.33M
Free Cash Flow$77.44M
Debt & Equity
Debt 52%
Equity 48%
Total Debt$469.28M
Total Equity$427.49M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:10Reverse splitNov 1, 200710 shares → 1
Balance Sheet Details
Assets$961.33M
Liabilities$533.84M
Accounts Receivable$35.04M
Accounts Payable$6.8M
Inventory$0
PP&E (Net)$3.26M
Goodwill$610.06M
Intangible Assets$201.52M
Income Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $316.3M | $303.62M | $288.05M | $267.68M | $199.34M | $152.73M |
| YoY Growth | 4.2% | 5.4% | 7.6% | 34.3% | 30.5% | - |
| Cost of Revenue | $108.53M | $108.49M | $142.44M | $89.62M | $89.68M | $47.32M |
| Gross Profit | $207.77M | $195.13M | $145.6M | $178.05M | $149.86M | $105.41M |
| Gross Margin | 65.7% | 64.3% | 50.5% | 66.5% | 75.2% | 69.0% |
| Research and Development | $39.45M | $47.52M | $42.59M | $36.34M | $18.69M | $15.97M |
| Selling, General, and Administrative | $159.64M | $128.46M | $106.31M | $103.28M | $64.01M | $69.13M |
| Other | $4.04M | $3.62M | $19.78M | $0 | $21.57M | $0 |
| Total Operating Expenses | $203.13M | $179.59M | $168.68M | $139.62M | $104.27M | $85.09M |
| Operating Income (EBIT) | $4.64M | $15.53M | $28.59M | $37.66M | $45.59M | $20.32M |
| Operating Margin | 1.5% | 5.1% | 9.9% | 14.1% | 22.9% | 13.3% |
| Interest Expense | $38.42M | $38.16M | $24.23M | $32.62M | $34.69M | $38.05M |
| Interest Income | $4.92M | $4.03M | $1.06M | $49K | $0 | $0 |
| Other Income (Expense) | -$33.5M | -$34.13M | -$23.16M | -$42.51M | -$34.65M | -$38.04M |
| Income Before Tax (EBT) | -$28.86M | -$18.6M | $5.42M | -$4.86M | $10.94M | -$17.72M |
| Income Tax Expense | $908K | $23.94M | $4.13M | $5.14M | $1.79M | -$5.12M |
| Net Income | -$29.77M | -$42.54M | $1.29M | -$10M | $9.15M | -$12.6M |
| Net Income Margin | -9.4% | -14.0% | 0.4% | -3.7% | 4.6% | -8.3% |
| Supplementary Data | ||||||
| EPS | -0.39 | -0.53 | 0.02 | -0.39 | -0.31 | -0.16 |
| Diluted EPS | -0.39 | -0.53 | 0.02 | -0.39 | -0.31 | -0.16 |
| Weighted Average OS | 76.27M | 80.35M | 80.45M | 79.73M | 80.70M | 80.70M |
| EBITDA | $67.81M | $77.39M | $83.63M | $78.21M | $85.83M | $58.93M |
| EBITDA Margin | 21.4% | 25.5% | 29.0% | 29.2% | 43.1% | 38.6% |
Balance Sheet
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $92.77M | $80.44M | $55.78M | $113.64M | $37.74M | $97.77M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $92.77M | $80.44M | $55.78M | $113.64M | $37.74M | $97.77M |
| Accounts Receivable | $35.04M | $33.37M | $32.91M | $24.91M | $26.48M | $19.44M |
| Inventory | $0 | $0 | $30M | $0 | $7.53M | $3.88M |
| Other Current Assets | $4.76M | $4.85M | $3.38M | $2.65M | -$2.71M | -$3.06M |
| Total Current Assets | $138.16M | $124.43M | $128.13M | $147.96M | $72.17M | $121.32M |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $3.26M | $4.48M | $6.43M | $5.99M | $7.6M | $19.26M |
| Goodwill | $610.06M | $610.06M | $608.66M | $564.8M | $542.97M | $438.88M |
| Intangible Assets | $201.52M | $251.06M | $297.48M | $298.6M | $328.03M | $277.48M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $13.94M | $4.29M | $9.48M | $10.77M |
| Other Long-Term Assets | $8.33M | $6.22M | $4.52M | $4.27M | $3.45M | $1.7M |
| Total Long-Term Assets | $823.17M | $871.82M | $931.02M | $877.94M | $891.53M | $748.09M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $961.33M | $996.25M | $1.06B | $1.03B | $963.71M | $869.41M |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $6.8M | $4.41M | $1.25M | $2.33M | $2.26M | $1.02M |
| Short-Term Debt | $3.68M | $3.54M | $3.5M | $2.14M | $2.96M | $1.41M |
| Current Income Tax Payable | $3.92M | $3.38M | $4.57M | $2.94M | $2.74M | $0 |
| Current Unearned Revenue | $17.96M | $17.22M | $16.95M | $14.71M | $10.87M | $7.84M |
| Other Current Liabilities | $6.43M | $13.97M | $15.49M | $6.71M | $123.99M | $36.43M |
| Total Current Liabilities | $57.03M | $55.84M | $54.2M | $43.85M | $152.8M | $56.13M |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $464.92M | $420M | $423.4M | $425.37M | $516.88M | $518.88M |
| Long-Term Unearned Revenue | $75K | $792K | $1.14M | -$28.19M | -$17.95M | -$14.95M |
| Long-Term Deferred Tax Liabilities | $11.29M | $10.82M | $34.16M | $28.19M | $17.95M | $14.95M |
| Other Long-Term Liabilities | $37K | $37K | $1.32M | $396K | $543K | $620K |
| Total Long-Term Liabilities | $476.81M | $432.16M | $425.87M | $425.77M | $517.42M | $528.65M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $533.84M | $488M | $480.07M | $469.62M | $670.22M | $584.78M |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $1.03B | $319.91M | $320.82M |
| Common Stock | $127K | $129K | $128K | $88K | $0 | $1.37M |
| Retained Earnings | -$281.69M | -$146.52M | -$42.43M | -$40.35M | -$30.34M | -$39.35M |
| Comprehensive Income & Other | $0 | $0 | $0 | -$1.03B | $0 | -$361.54M |
| Other Stockholders' Equity | $709.06M | $654.63M | $621.4M | $596.54M | $323.82M | -$1.37M |
| Total Equity | $427.49M | $508.25M | $579.09M | $556.28M | $293.48M | -$39.35M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $961.33M | $996.25M | $1.06B | $1.03B | $963.71M | $545.42M |
| Supplementary Data | ||||||
| Total Debt | $469.28M | $424.82M | $426.91M | $427.51M | $519.83M | $529.44M |
| Net Debt | $376.51M | $344.38M | $371.13M | $313.87M | $482.09M | $431.67M |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | ||||||
| Net Income | -$29.77M | -$42.54M | $1.29M | -$10M | $9.15M | -$12.6M |
| Depreciation & Amortization | $58.25M | $57.83M | $53.98M | $50.45M | $40.2M | $38.6M |
| Deferred Income Tax | $464K | $23.63M | $1.91M | $4.93M | $1.55M | -$5.19M |
| Stock-Based Compensation | $51.35M | $30.55M | $22.76M | $30.74M | $2.84M | $1.79M |
| Changes in Working Capital: | ||||||
| Accounts Receivable | -$2.18M | -$443K | -$7M | $1.62M | -$3.18M | -$1.28M |
| Inventory | $0 | $0 | $0 | -$6.03M | $894K | $2.8M |
| Accounts Payable | $2.44M | $3.17M | -$1.56M | $117K | $1.81M | -$5.24M |
| Other Working Capital | -$8.34M | -$6.25M | -$62K | $3.74M | $1.85M | -$368K |
| Total Working Capital Change | -$8.09M | -$3.52M | -$8.63M | -$552K | $1.37M | -$4.09M |
| Other Non-Cash Items | $5.59M | $2.02M | $3.28M | $14.27M | $12.37M | $3.29M |
| Net Cash from Operating | $77.8M | $67.96M | $74.59M | $89.83M | $67.48M | $21.8M |
| Investing Activities | ||||||
| Capital Expenditures | -$367K | -$943K | -$9.36M | -$5.75M | -$7.34M | -$6.04M |
| Acquisitions | $0 | $326K | -$84.97M | -$120.55M | -$108.06M | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$7.09M | $20.75M | -$30M | -$4.91M | $0 | $0 |
| Net Cash from Investing | -$7.46M | $20.13M | -$124.33M | -$126.3M | -$115.39M | -$6.04M |
| Financing Activities | ||||||
| Debt Repaid | -$45.34M | $4.35M | $6.53M | $96.25M | $6.34M | -$65.54M |
| Common Stock Issuance | $0 | $0 | $0 | $247.31M | -$1M | $0 |
| Common Stock Repurchases | -$104.85M | -$61.17M | -$3.38M | -$1.95M | -$3.07M | -$2.4M |
| Dividends Paid | $0 | $0 | $0 | -$12K | -$136K | -$22K |
| Other Financing Activities | $1.49M | $2.08M | -$206K | -$38.86M | -$1.33M | -$13.94M |
| Net Cash from Financing | -$58.02M | -$63.44M | -$8.12M | $110.23M | -$9.98M | $49.2M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $12.32M | $24.66M | -$57.87M | $73.76M | -$57.89M | $64.96M |
| Supplementary Data | ||||||
| Operating Cash Flow | $77.8M | $67.96M | $74.59M | $89.83M | $67.48M | $21.8M |
| Capital Expenditure | -$367K | -$10.19M | -$9.36M | -$5.75M | -$7.34M | -$6.04M |
| Free Cash Flow | $77.44M | $57.77M | $65.22M | $84.09M | $60.72M | $15.76M |
| Cash at Beginning | $80.44M | $55.78M | $113.64M | $39.88M | $97.77M | $32.81M |
| Cash at End | $92.77M | $80.44M | $55.78M | $113.64M | $39.88M | $97.77M |