Compass Inc. (COMP) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
110 FIFTH AVENUE NEW YORK, NY 10011 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7371 - Computer Programming Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 167 | 362 | 618 | |||
| Cash and cash equivalents | 167 | 362 | 618 | |||
| Receivables | 61 | 80 | 81 | |||
| Other current assets | 55 | 77 | 95 | |||
| Total current assets: | 282 | 518 | 795 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 409 | 483 | 485 | |||
| Property, plant and equipment | 152 | 193 | 157 | |||
| Intangible assets, net (including goodwill) | 287 | 298 | 316 | |||
| Goodwill | 210 | 198 | 188 | |||
| Intangible assets, net (excluding goodwill) | 78 | 99 | 127 | |||
| Other noncurrent assets | 31 | 42 | 48 | |||
| Total noncurrent assets: | 878 | 1,015 | 1,006 | |||
| TOTAL ASSETS: | 1,160 | 1,533 | 1,801 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 169 | 241 | 339 | |||
| Accounts payable | 18 | 28 | 35 | |||
| Accrued liabilities | 150 | 213 | 305 | |||
| Debt | 16 | |||||
| Business combination, contingent consideration, liability | 5 | 10 | ||||
| Other undisclosed current liabilities | 119 | 267 | 82 | |||
| Total current liabilities: | 293 | 518 | 437 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation: | 483 | |||||
| Liabilities, other than long-term debt | 436 | 495 | 33 | |||
| Other liabilities | 26 | 8 | 33 | |||
| Operating lease, liability | 410 | 487 | 483 | |||
| Total noncurrent liabilities: | 436 | 495 | 516 | |||
| Total liabilities: | 728 | 1,012 | 953 | |||
| Equity | ||||||
| Equity, attributable to parent | 429 | 517 | 844 | |||
| Additional paid in capital | 2,947 | 2,714 | 2,439 | |||
| Accumulated deficit | (2,518) | (2,197) | (1,595) | |||
| Equity, attributable to noncontrolling interest | 3 | 4 | 4 | |||
| Total equity: | 432 | 521 | 848 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,160 | 1,533 | 1,801 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 4,885 | 6,018 | 6,421 | ||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (1) | (2) | |||
| Gross profit: | 4,884 | 6,016 | 6,421 | ||
| Operating expenses | (5,200) | (6,607) | (6,914) | ||
| Other undisclosed operating income | 1 | 2 | |||
| Operating loss: | (315) | (589) | (493) | ||
| Nonoperating income (Investment Income, Nonoperating) | 9 | 3 | 0 | ||
| Interest and debt expense | (11) | (4) | (2) | ||
| Loss from continuing operations before equity method investments, income taxes: | (317) | (590) | (495) | ||
| Loss from equity method investments | (3) | (12) | (1) | ||
| Other undisclosed loss from continuing operations before income taxes | (1) | ||||
| Loss from continuing operations before income taxes: | (322) | (602) | (497) | ||
| Income tax benefit | 0 | 1 | 3 | ||
| Loss from continuing operations: | (321) | (602) | (494) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (494) | |
| Other undisclosed net income | 1 | ||||
| Net loss: | (320) | (602) | (494) | ||
| Net loss attributable to noncontrolling interest | (1) | ||||
| Net loss available to common stockholders, diluted: | (321) | (602) | (494) | ||
Comprehensive Income ($ in millions)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net loss: | (320) | (602) | (494) | ||
| Comprehensive loss: | (320) | (602) | (494) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | ||||
| Comprehensive loss, net of tax, attributable to parent: | (321) | (602) | (494) | ||
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.