Majesco (MJCO) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
412 MOUNT KEMBLE AVENUE MORRISTOWN, NJ 07960 |
| State of Incorp. | CA |
| Fiscal Year End | March 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2020 Q1 | 3/31/2020 Q4 | 12/31/2019 Q3 | 9/30/2019 Q2 | 6/30/2019 Q1 | 3/31/2019 Q4 | 12/31/2018 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 51,413 | 45,538 | 34,935 | 33,008 | 39,437 | 14,484 | |||
| Cash and cash equivalents | 35,240 | 19,996 | 19,691 | 9,633 | 11,329 | 11,185 | |||
| Short-term investments | 16,173 | 25,542 | 15,244 | 23,375 | 28,108 | 3,299 | |||
| Restricted cash and investments | 39 | 42 | 42 | 43 | 43 | 50 | |||
| Receivables | 42,274 | 40,838 | 37,647 | 37,588 | 34,849 | 31,580 | |||
| Prepaid expense | 3,471 | 2,225 | |||||||
| Derivative instruments and hedges, assets | 71 | 470 | 420 | 323 | 132 | 53 | |||
| Other undisclosed current assets | 3,724 | 13,515 | 13,645 | 13,219 | 12,815 | 10,571 | |||
| Total current assets: | 100,992 | 100,403 | 86,689 | 84,181 | 89,501 | 56,738 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,977 | 3,964 | 4,615 | 5,205 | ✕ | ||||
| Property, plant and equipment | 2,132 | 2,195 | 2,569 | 2,702 | 2,787 | 2,469 | |||
| Intangible assets, net (including goodwill) | 43,626 | 47,113 | 47,059 | 47,139 | 47,082 | 47,976 | |||
| Goodwill | 34,095 | 34,144 | 34,090 | 34,170 | 34,145 | 34,726 | |||
| Intangible assets, net (excluding goodwill) | 9,531 | 12,969 | 12,969 | 12,969 | 12,937 | 13,250 | |||
| Derivative instruments and hedges | 23 | 155 | 154 | 374 | 436 | ||||
| Deferred income tax assets | 7,195 | ✕ | |||||||
| Other noncurrent assets | 1,746 | 187 | 186 | 377 | 490 | 330 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | 7,637 | 6,796 | ||
| Other undisclosed noncurrent assets | 824 | 7,061 | 7,448 | 8,299 | 107 | ||||
| Total noncurrent assets: | 58,523 | 60,675 | 62,031 | 64,096 | 58,539 | 57,571 | |||
| TOTAL ASSETS: | 159,515 | 161,078 | 148,720 | 148,277 | 148,040 | 114,309 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,159 | 2,233 | 1,506 | 2,669 | 2,220 | 2,100 | |||
| Accounts payable | 4,159 | 2,233 | 1,506 | 2,669 | 2,220 | 2,100 | |||
| Deferred revenue | 20,553 | 18,172 | 12,457 | 11,811 | ✕ | ||||
| Debt | 1,399 | 2,030 | 2,394 | 2,788 | 442 | 3,333 | |||
| Derivative instruments and hedges, liabilities | 887 | 72 | 138 | 62 | 136 | 339 | |||
| Other undisclosed current liabilities | 21,884 | 27,310 | 26,167 | 24,731 | 41,814 | 46,643 | |||
| Total current liabilities: | 48,882 | 49,817 | 42,662 | 42,061 | 44,612 | 52,415 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,679 | 2,026 | 2,302 | 2,563 | 3,333 | ||||
| Long-term debt, excluding current maturities | 68 | 3,333 | |||||||
| Finance lease, liability | ✕ | ||||||||
| Liabilities, other than long-term debt | 2,342 | 4,139 | 4,298 | 4,171 | 1,111 | 5,411 | |||
| Deferred compensation liability, classified | 2,931 | 3,009 | 2,977 | 4,196 | |||||
| Other liabilities | 2,342 | 1,208 | 1,289 | 1,134 | 1,090 | 1,215 | |||
| Operating lease, liability | 1,611 | 2,026 | 2,302 | 2,563 | ✕ | ||||
| Derivative instruments and hedges, liabilities | 60 | 21 | |||||||
| Other undisclosed noncurrent liabilities | (1) | 52 | 65 | 42 | 3,039 | 89 | |||
| Total noncurrent liabilities: | 4,020 | 6,217 | 6,665 | 6,776 | 4,150 | 8,833 | |||
| Total liabilities: | 52,902 | 56,034 | 49,327 | 48,837 | 48,762 | 61,248 | |||
| Equity | |||||||||
| Equity, attributable to parent | 106,613 | 105,044 | 99,393 | 98,207 | 98,045 | 51,823 | |||
| Common stock | 87 | 87 | 86 | 86 | 86 | 73 | |||
| Additional paid in capital | 126,643 | 125,699 | 124,538 | 123,567 | 122,163 | 77,643 | |||
| Accumulated other comprehensive loss | (3,732) | (740) | (1,356) | (229) | (412) | (701) | |||
| Accumulated deficit | (16,385) | (20,002) | (23,875) | (25,217) | (23,792) | (25,192) | |||
| Equity, attributable to noncontrolling interest | 1,233 | 1,233 | 1,238 | ||||||
| Total equity: | 106,613 | 105,044 | 99,393 | 99,440 | 99,278 | 53,061 | |||
| TOTAL LIABILITIES AND EQUITY: | 159,515 | 161,078 | 148,720 | 148,277 | 148,040 | 114,309 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2020 Q1 | 3/31/2020 Q4 | 12/31/2019 Q3 | 9/30/2019 Q2 | 6/30/2019 Q1 | 3/31/2019 Q4 | 12/31/2018 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | (102,725) | 37,175 | 34,055 | 37,304 | (102,906) | 35,401 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (22,413) | (19,323) | (18,372) | (17,434) | (18,982) | (17,950) | ||
| Other undisclosed gross profit | 146,181 | 139,777 | ||||||
| Gross profit: | 21,043 | 17,852 | 15,683 | 19,870 | 17,889 | 17,451 | ||
| Operating expenses | (15,922) | (14,739) | (14,333) | (17,296) | (15,502) | (14,946) | ||
| Operating income: | 5,121 | 3,113 | 1,350 | 2,574 | 2,387 | 2,505 | ||
| Nonoperating income (expense) | 1,288 | 138 | 451 | (11) | (112) | (57) | ||
| Investment income, nonoperating | 141 | 161 | 189 | 7 | ||||
| Interest and debt expense | (8) | (79) | (102) | (89) | (108) | (114) | ||
| Income from continuing operations before equity method investments, income taxes: | 6,401 | 3,172 | 1,699 | 2,474 | 2,167 | 2,334 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (867) | 1,500 | 161 | 189 | 72 | 7 | ||
| Income from continuing operations before income taxes: | 5,534 | 4,672 | 1,860 | 2,663 | 2,239 | 2,341 | ||
| Income tax expense | (1,547) | (797) | (952) | (1,381) | (1,007) | (512) | ||
| Income from continuing operations: | 3,987 | 3,875 | 908 | 1,282 | 1,232 | 1,829 | ||
| Income before gain (loss) on sale of properties: | 3,987 | 3,875 | 908 | 1,282 | 1,232 | 1,829 | ||
| Net income available to common stockholders, diluted: | 3,987 | 3,875 | 908 | 1,282 | 1,232 | 1,829 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2020 Q1 | 3/31/2020 Q4 | 12/31/2019 Q3 | 9/30/2019 Q2 | 6/30/2019 Q1 | 3/31/2019 Q4 | 12/31/2018 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 3,987 | 3,875 | 908 | 1,282 | 1,232 | 1,829 | ||
| Other comprehensive income (loss) | (2,258) | 616 | (1,127) | 183 | 290 | 1,547 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,729 | 4,491 | (219) | 1,465 | 1,522 | 3,376 | ||
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.