Consensus Cloud Solutions, Inc. (CCSI) Financial Statements (2024 and earlier)

Company Profile

Business Address 700 S. FLOWER STREET
LOS ANGELES, CA 90017
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments94,16466,778
Cash and cash equivalents94,16466,778
Receivables28,02924,829
Prepaid expense 13,921 
Other current assets 414 
Other undisclosed current assets 4,650
Total current assets:136,52896,257
Noncurrent Assets
Operating lease, right-of-use asset7,8757,233
Property, plant and equipment54,95833,849
Intangible assets, net (including goodwill)395,741382,758
Goodwill346,585339,209
Intangible assets, net (excluding goodwill)49,15643,549
Deferred income tax assets35,98141,842
Other noncurrent assets2,816873
Total noncurrent assets:497,371466,555
TOTAL ASSETS:633,899562,812
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:41,24640,206
Taxes payable5,227
Accounts payable6,288 
Accrued liabilities23,641 
Other undisclosed accounts payable and accrued liabilities11,31734,979
Deferred revenue24,57924,370
Due to related parties1565,739
Other undisclosed current liabilities5,3417,648
Total current liabilities:71,32277,963
Noncurrent Liabilities
Long-term debt and lease obligation793,865806,148
Long-term debt, excluding current maturities793,865792,040
Liabilities, other than long-term debt23,97311,366
Deferred revenue2,319184
Deferred income tax liabilities7286,027
Liability for uncertainty in income taxes6,7254,795
Other liabilities324360
Operating lease, liability13,87714,108
Total noncurrent liabilities:817,838817,514
Total liabilities:889,160895,477
Equity
Equity, attributable to parent(255,261)(332,665)
Common stock201200
Treasury stock, value(7,596) 
Additional paid in capital21,6502,878
Accumulated other comprehensive loss(19,108)(16,857)
Accumulated deficit(250,408)(318,886)
Total equity:(255,261)(332,665)
TOTAL LIABILITIES AND EQUITY:633,899562,812

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
Revenues362,422352,664
Cost of revenue(61,951)(58,000)
Cost of goods and services sold(9,400) 
Gross profit:300,471294,664
Operating expenses(148,553)(119,528)
Operating income:151,918175,136
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(1,582)160
Interest and debt expense(51,423)(14,272)
Income from continuing operations before equity method investments, income taxes:98,913161,024
Other undisclosed income from continuing operations before income taxes 60
Income from continuing operations before income taxes:98,913161,084
Income tax expense(26,199)(39,910)
Income from continuing operations:72,714121,174
Income before gain (loss) on sale of properties:109,001
Loss from discontinued operations  (12,173)
Net income attributable to parent:72,714109,001
Undistributed earnings (loss) allocated to participating securities, basic(143)(359)
Other undisclosed net income available to common stockholders, basic  12,173
Net income available to common stockholders, diluted:72,571120,815

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
Net income:72,714109,001
Comprehensive income:72,714109,001
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(2,251)(14,397)
Comprehensive income, net of tax, attributable to parent:70,46394,604

Statements Sources

The financial statements are based on the Company's filings with 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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