Veradigm Inc. (MDRX) Financial Statements (2024 and earlier)

Company Profile

Business Address 222 MERCHANDISE MART PLAZA
CHICAGO, IL 60654
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7373 - Computer Integrated Systems Design (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2022
MRQ
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 18853113017415697
Cash and cash equivalents 18853113017415697
Restricted cash and investments 268117 
Receivables 327373460465568405
Prepaid expense 117133146   
Contract with customer, asset, after allowance for credit loss 1251079666
Other current assets 232   
Other undisclosed current assets    142115103
Total current assets: 7611,153841859846604
Noncurrent Assets
Operating lease, right-of-use asset 699798
Property, plant and equipment 487288122166149
Long-term investments and receivables 6236443730178
Long-term investments 6236443730178
Intangible assets, net (including goodwill), including: 1,0261,0271,4141,8052,8322,665
Goodwill 9749751,3621,3742,0051,924
Intangible assets, net (excluding goodwill)    431827741
Other undisclosed intangible assets, net (including goodwill) 525252   
Prepaid expense  2833333341
Contract with customer, asset, after allowance for credit loss 57446872
Deferred costs  113621  
Deferred income tax assets 76 
Other noncurrent assets 1019212510914998
Other undisclosed noncurrent assets 29435345912517598
Total noncurrent assets: 1,6641,7642,3642,3233,3843,228
TOTAL ASSETS: 2,4252,9183,2063,1814,2303,832
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 202255443309283277
Taxes payable   30  
Employee-related liabilities921196910010064
Accounts payable 17361047398126
Accrued liabilities 931002711068686
Deferred revenue 326335380
Debt   388213624
Disposal group, including discontinued operation  323 1  
Deferred revenue and credits547364
Contract with customer, liability467
Other undisclosed current liabilities 2022  32
Total current liabilities: 5479351,211798868667
Noncurrent Liabilities
Long-term debt and lease obligation 415261646648914728
Long-term debt, excluding current maturities 350168551648907718
Capital lease obligations1710
Finance lease, liability   0
Liabilities, other than long-term debt 555643155210200
Deferred revenue and credits2418
Deferred revenue 4312
Contract with customer, liability16
Deferred tax liabilities, net5894142
Deferred income tax liabilities 1718 
Other liabilities 343430819240
Operating lease, liability 659395
Other undisclosed noncurrent liabilities   21 647577
Total noncurrent liabilities: 4703177108031,7701,504
Total liabilities: 1,0171,2511,9211,6012,6392,171
Temporary equity, carrying amount     432388
Equity
Equity, attributable to parent 1,4081,6661,2851,5511,1211,232
Common stock 333333
Treasury stock, value (1,322)(871)(571)(461)(323)(311)
Additional paid in capital 1,9621,9031,9071,8811,7811,790
Accumulated other comprehensive loss (3)(2)(4)(5)(2)(62)
Retained earnings (accumulated deficit) 768633(49)133(338)(187)
Equity, attributable to noncontrolling interest    293941
Total equity: 1,4081,6661,2851,5801,1601,273
TOTAL LIABILITIES AND EQUITY: 2,4252,9183,2063,1814,2303,832

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

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 1,5031,5031,7721,7501,8061,550
Revenue, net632538
Cost of revenue (883)(937)(1,058)(1,025)(1,024)(879)
Cost of goods and services sold (119)(118)(116)(103)(656)(548)
Gross profit: 620566714725782671
Operating expenses (507)(596)(674)(778)(706)(585)
Other undisclosed operating loss (35)(101)(64)(40)(34)(26)
Operating income (loss): 77(131)(24)(93)4260
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
 880(139)001
Interest and debt expense (13)(34)(43)(51)(87)(68)
Income (loss) from continuing operations before equity method investments, income taxes: 152(165)(207)(144)(45)(7)
Income (loss) from equity method investments 217101(8)
Other undisclosed income (loss) from continuing operations before income taxes 8(2)(1)157(165) 
Income (loss) from continuing operations before income taxes: 162(149)(207)13(210)(15)
Income tax expense (benefit) (28)1724(0)5118
Income (loss) from continuing operations: 134(133)(183)13(159)3
Income (loss) before gain (loss) on sale of properties:134700(183)408(154)3
Income from discontinued operations 0833 3955 
Net income (loss): 134700(183)408(154)3
Net income (loss) attributable to noncontrolling interest   052(0)
Other undisclosed net loss attributable to parent      (29)
Net income (loss) attributable to parent: 134700(182)412(153)(26)
Preferred stock dividends and other adjustments    (49)(44)(29)
Net income (loss) available to common stockholders, diluted: 134700(182)364(196)(54)

Comprehensive Income ($ in millions)

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss): 134700(183)408(154)3
Other comprehensive income (loss) (1)31(3)60(58)
Comprehensive income (loss): 134703(182)404(94)(55)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest   052(0)
Comprehensive income (loss), net of tax, attributable to parent: 134703(181)409(93)(55)

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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