Accolade, Inc. (ACCD) financial statements (2022 and earlier)

Company profile

Business Address 660 W. GERMANTOWN PIKE SUITE 500
PLYMOUTH MEETING, PA 19462
State of Incorp. DE
Fiscal Year End February 28
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

11/30/2021
Q3
8/31/2021
Q2
5/31/2021
Q1
2/28/2021
Q4
11/30/2020
Q3
8/31/2020
Q2
5/31/2020
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments366384426 41922278
Cash and cash equivalents366384326 41922278
Short-term investments  100    
Receivables261918 17113
Deferred costs     53
Other undisclosed current assets161510 9513
Total current assets:408418453 44524397
Noncurrent Assets
Property, plant and equipment121212 101213
Intangible assets, net (including goodwill)835831418 556
Goodwill580576214 444
Intangible assets, net (excluding goodwill)255255203 112
Other noncurrent assets222 111
Other undisclosed noncurrent assets776 664
Total noncurrent assets:856852438 232424
TOTAL ASSETS:1,2631,270891 467267120
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities505140 353136
Accounts payable697 445
Accrued liabilities877 334
Employee-related liabilities363625 272427
Interest and dividends payable      0
Deferred revenue434333 343334
Business combination, contingent consideration, liability8314587    
Other undisclosed current liabilities9108 455
Total current liabilities:185249167 736975
Noncurrent Liabilities
Long-term debt and lease obligation280280279   73
Long-term debt, excluding current maturities280280279   73
Liabilities, other than long-term debt000 000
Deferred revenue000 000
Other undisclosed noncurrent liabilities977 566
Total noncurrent liabilities:290287287 6679
Total liabilities:475536454 7975154
Temporary equity, carrying amount      233
Stockholders' equity
Stockholders' equity attributable to parent789734437 388192(266)
Common stock000 000
Additional paid in capital1,2491,216857 75554268
Accumulated deficit(460)(483)(420) (367)(350)(335)
Total stockholders' equity:789734437 388192(266)
TOTAL LIABILITIES AND EQUITY:1,2631,270891 467267120

Income statement (P&L) ($ in millions)

11/30/2021
Q3
8/31/2021
Q2
5/31/2021
Q1
2/28/2021
Q4
11/30/2020
Q3
8/31/2020
Q2
5/31/2020
Q1
Revenues837360 383736
Cost of revenue
(Cost of Goods and Services Sold)
(45)(44)(36) (23)(21)(22)
Gross profit:382924 161614
Operating expenses(12)(103)(72) (32)(29)(26)
Operating income (loss):27(74)(48) (16)(13)(13)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
00(0) (0)(0)(0)
Other undisclosed loss from continuing operations before equity method investments, income taxes  (1) (0)(2)(1)
Income (loss) from continuing operations before equity method investments, income taxes:27(74)(49) (17)(15)(14)
Other undisclosed loss from continuing operations before income taxes(1)(1)     
Income (loss) from continuing operations before income taxes:26(75)(49) (17)(15)(14)
Income tax expense (benefit)(3)13(0) (0)(0)(0)
Net income (loss) available to common stockholders, diluted:23(62)(49) (17)(15)(14)

Comprehensive Income ($ in millions)

11/30/2021
Q3
8/31/2021
Q2
5/31/2021
Q1
2/28/2021
Q4
11/30/2020
Q3
8/31/2020
Q2
5/31/2020
Q1
Net income (loss):23(62)(49) (17)(15)(14)
Comprehensive income (loss), net of tax, attributable to parent:23(62)(49) (17)(15)(14)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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