PROS Holdings, Inc. (PRO) Financial Statements (2024 and earlier)

Company Profile

Business Address 3200 KIRBY DR.
HOUSTON, TX 77098
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 thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments184,567192,376203,627206,824215,178217,393
Cash and cash equivalents184,567192,376203,627206,824215,178217,393
Receivables54,16345,78748,17845,91834,41552,803
Deferred costs6,2216,4336,0325,9465,9615,883
Other undisclosed current assets11,41312,1499,44111,70611,93510,719
Total current assets:256,364256,745267,278270,394267,489286,798
Noncurrent Assets
Operating lease, right-of-use asset14,05014,79717,47418,09620,19521,534
Property, plant and equipment24,65925,44225,01226,12827,34128,141
Intangible assets, net (including goodwill)122,149123,763125,412126,576129,380132,572
Goodwill107,724107,717107,561106,751107,334107,929
Intangible assets, net (excluding goodwill)14,42516,04617,85119,82522,04624,643
Derivative instruments and hedges      
Restricted cash and investments      
Deferred costs8,2347,9388,7648,6069,1899,447
Other noncurrent assets8,5088,8729,01211,0928,1568,119
Total noncurrent assets:177,600180,812185,674190,498194,261199,813
TOTAL ASSETS:433,964437,557452,952460,892461,750486,611
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities20,65817,55320,81844,94541,53739,099
Employee-related liabilities24,63022,86218,753
Accounts payable6,8744,1977,9646,9265,9787,957
Accrued liabilities13,78413,35612,85413,38912,69712,389
Deferred revenue116,365122,192108,659109,262108,207117,642
Debt143,003     
Other undisclosed current liabilities24,97221,08531,4597,1357,3937,510
Total current liabilities:304,998160,830160,936161,342157,137164,251
Noncurrent Liabilities
Long-term debt and lease obligation147,522290,152289,779319,304321,360322,840
Long-term debt, excluding current maturities147,522290,152289,779289,406289,033288,660
Liabilities, other than long-term debt32,89834,54337,7107,9288,34312,342
Deferred revenue5,2186,1618,2986,9297,27811,160
Other liabilities1,2241,2471,2289991,0651,182
Operating lease, liability26,45627,13528,18429,89832,32734,180
Total noncurrent liabilities:180,420324,695327,489327,232329,703335,182
Total liabilities:485,418485,525488,425488,574486,840499,433
Equity
Equity, attributable to parent(51,454)(47,968)(35,473)(27,682)(25,090)(12,822)
Common stock515150505050
Treasury stock, value(29,847)(29,847)(29,847)(29,847)(29,847)(29,847)
Additional paid in capital606,599596,805590,475581,819569,914559,148
Accumulated other comprehensive loss(5,068)(5,077)(5,253)(6,153)(5,509)(4,881)
Accumulated deficit(623,189)(609,900)(590,898)(573,551)(559,698)(537,292)
Total equity:(51,454)(47,968)(35,473)(27,682)(25,090)(12,822)
TOTAL LIABILITIES AND EQUITY:433,964437,557452,952460,892461,750486,611

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

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues75,79273,18270,93570,34868,36266,492
Cost of revenue
(Cost of Goods and Services Sold)
(28,571)(29,542)(27,468)(27,610)(27,641)(27,361)
Gross profit:47,22143,64043,46742,73840,72139,131
Operating expenses(60,576)(62,436)(58,340)(58,919)(61,258)(65,634)
Operating loss:(13,355)(18,796)(14,873)(16,181)(20,537)(26,503)
Nonoperating income (expense)1,7911,451(654)4,158(2)(418)
Other nonoperating income (expense)1,7911,451(654)4,158(2)(418)
Interest and debt expense(1,576)(1,576)(1,576)(1,576)(1,576)(1,576)
Loss from continuing operations before equity method investments, income taxes:(13,140)(18,921)(17,103)(13,599)(22,115)(28,497)
Other undisclosed income from continuing operations before income taxes      
Loss from continuing operations before income taxes:(13,140)(18,921)(17,103)(13,599)(22,115)(28,497)
Income tax expense(149)(81)(244)(254)(291)(143)
Loss from continuing operations:(13,289)(19,002)(17,347)(13,853)(22,406)(28,640)
Loss before gain (loss) on sale of properties:(13,853)(22,406)(28,640)
Net loss available to common stockholders, diluted:(13,289)(19,002)(17,347)(13,853)(22,406)(28,640)

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net loss:(13,289)(19,002)(17,347)(13,853)(22,406)(28,640)
Other comprehensive income (loss)9176900(644)(628)(222)
Comprehensive loss, net of tax, attributable to parent:(13,280)(18,826)(16,447)(14,497)(23,034)(28,862)

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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