comScore Inc. (SCOR) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
11950 DEMOCRACY DRIVE RESTON, VA 20190 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 22,750 | 20,044 | 21,854 | 31,126 | 46,590 | 50,196 | |||
| Cash and cash equivalents | 22,750 | 20,044 | 21,854 | 31,126 | 46,590 | 44,096 | |||
| Short-term investments | 6,100 | ||||||||
| Restricted cash and investments | 186 | 398 | 425 | 19,615 | 20,183 | 6,102 | |||
| Receivables | 63,826 | 68,457 | 72,059 | 69,379 | 71,853 | 75,609 | |||
| Other undisclosed current assets | 11,228 | 15,922 | 14,769 | 16,910 | 15,357 | 13,872 | |||
| Total current assets: | 97,990 | 104,821 | 109,107 | 137,030 | 153,983 | 145,779 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 18,628 | 23,864 | 29,186 | 28,959 | 36,689 | ✕ | |||
| Property, plant and equipment | 27,339 | ||||||||
| Intangible assets, net (including goodwill) | 318,475 | 401,300 | 475,656 | 470,667 | 495,977 | 768,136 | |||
| Goodwill | 310,360 | 387,973 | 435,711 | 418,327 | 416,418 | 641,191 | |||
| Intangible assets, net (excluding goodwill) | 8,115 | 13,327 | 39,945 | 52,340 | 79,559 | 126,945 | |||
| Deferred income tax assets | 2,588 | 3,351 | 2,811 | 2,741 | 2,374 | ✕ | |||
| Other noncurrent assets | 12,040 | 10,883 | 10,263 | 7,600 | 2,979 | 8,898 | |||
| Other undisclosed noncurrent assets | 41,574 | 36,367 | 36,451 | 30,973 | 31,693 | 3,991 | |||
| Total noncurrent assets: | 393,305 | 475,765 | 554,367 | 540,940 | 569,712 | 808,364 | |||
| TOTAL ASSETS: | 491,295 | 580,586 | 663,474 | 677,970 | 723,695 | 954,143 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 64,973 | 72,483 | 68,839 | 85,020 | 100,311 | 87,976 | |||
| Accounts payable | 30,551 | 29,090 | 23,575 | 36,640 | 44,804 | 29,836 | |||
| Accrued liabilities | 34,422 | 43,393 | 45,264 | 48,380 | 55,507 | 58,140 | |||
| Deferred revenue | 48,912 | 52,944 | 54,011 | 58,529 | 58,158 | ✕ | |||
| Debt | 18,126 | 1,808 | 2,307 | 14,566 | 8,484 | 2,421 | |||
| Deferred rent credit | 1,884 | ||||||||
| Estimated litigation liability | 3,575 | 3,500 | |||||||
| Business combination, contingent consideration, liability | 7,100 | 1,000 | |||||||
| Other liabilities | 4,680 | 12,646 | 12,850 | 5,750 | 3,818 | 2,278 | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 64,189 | ||
| Other undisclosed current liabilities | 45,870 | 18,110 | 26,364 | 20,410 | 15,891 | 6,688 | |||
| Total current liabilities: | 182,561 | 165,091 | 165,371 | 184,275 | 190,237 | 168,936 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,858 | 17,044 | 54,087 | 229,022 | 239,035 | 178,524 | |||
| Long-term debt, excluding current maturities | 16,000 | 16,000 | 192,895 | 196,538 | 177,342 | ||||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,182 | ||
| Finance lease, liability | 1,858 | 1,044 | 2,032 | ✕ | |||||
| Liabilities, other than long-term debt | 32,518 | 44,229 | 24,844 | 35,683 | 35,449 | 51,897 | |||
| Deferred revenue | 605 | 887 | 1,262 | 4,156 | ✕ | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 508 | ||
| Deferred rent credit | 10,304 | ||||||||
| Deferred income tax liabilities | 1,321 | 2,127 | 2,103 | 627 | 287 | ✕ | |||
| Restructuring reserve | 1,800 | ||||||||
| Other liabilities | 7,589 | 10,627 | 16,879 | 19,600 | 13,575 | 13,185 | |||
| Operating lease, liability | 23,003 | 29,588 | 36,055 | 36,127 | 42,497 | ✕ | |||
| Business combination, contingent consideration, liability | 1,000 | 4,600 | |||||||
| Derivative instruments and hedges, liabilities | 11,300 | 21,587 | 26,100 | ||||||
| Other undisclosed noncurrent liabilities | 30,370 | 22,175 | 8,111 | 3,219 | |||||
| Total noncurrent liabilities: | 64,746 | 83,448 | 87,042 | 264,705 | 274,484 | 233,640 | |||
| Total liabilities: | 247,307 | 248,539 | 252,413 | 448,980 | 464,721 | 402,576 | |||
| Temporary equity, carrying amount | 187,885 | 187,885 | 187,885 | ||||||
| Equity | |||||||||
| Equity, attributable to parent | 56,103 | 144,162 | 223,176 | 228,990 | 258,974 | 551,567 | |||
| Common stock | 5 | 92 | 90 | 73 | 70 | 59 | |||
| Treasury stock, value | (229,984) | (229,984) | (229,984) | (229,984) | (229,984) | (229,984) | |||
| Additional paid in capital | 1,696,612 | 1,690,783 | 1,683,883 | 1,621,986 | 1,609,358 | 1,561,208 | |||
| Accumulated other comprehensive loss | (14,110) | (15,940) | (12,098) | (7,030) | (12,333) | (10,621) | |||
| Accumulated deficit | (1,396,420) | (1,300,789) | (1,218,715) | (1,156,055) | (1,108,137) | (769,095) | |||
| Total equity: | 56,103 | 144,162 | 223,176 | 228,990 | 258,974 | 551,567 | |||
| TOTAL LIABILITIES AND EQUITY: | 491,295 | 580,586 | 663,474 | 677,970 | 723,695 | 954,143 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 371,343 | 376,423 | 367,013 | 356,036 | 388,645 | 419,482 | ||
| Cost of revenue | (207,082) | (205,450) | (203,044) | (185,383) | (200,787) | (237,592) | ||
| Cost of goods and services sold | (205,580) | (205,294) | (203,044) | (180,712) | (199,622) | (200,220) | ||
| Gross profit: | 164,261 | 170,973 | 163,969 | 170,653 | 187,858 | 181,890 | ||
| Operating expenses | (237,862) | (245,846) | (192,834) | (191,928) | (498,325) | (320,826) | ||
| Operating loss: | (73,601) | (74,873) | (28,865) | (21,275) | (310,467) | (138,936) | ||
| Nonoperating income (expense) | (2,782) | 10,951 | (2,883) | 10,064 | 1,990 | (161) | ||
| Gain (loss), foreign currency transaction, before tax | (2,824) | 1,166 | 2,895 | (4,490) | 336 | 1,303 | ||
| Other nonoperating income (expense) | 42 | 9,785 | (5,778) | 14,554 | 1,654 | (1,464) | ||
| Interest and debt expense | (244) | (338) | (9,629) | (2,061) | (1,596) | (955) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (33,744) | (29,930) | (15,510) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (76,627) | (64,260) | (41,377) | (47,016) | (340,003) | (155,562) | ||
| Other undisclosed loss from continuing operations before income taxes | (1,201) | (577) | (7,801) | |||||
| Loss from continuing operations before income taxes: | (77,828) | (64,837) | (49,178) | (47,016) | (340,003) | (155,562) | ||
| Income tax expense (benefit) | (1,533) | (1,724) | (859) | (902) | 1,007 | (3,706) | ||
| Loss from continuing operations: | (79,361) | (66,561) | (50,037) | (47,918) | (338,996) | (159,268) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (50,037) | (47,918) | (338,996) | (159,268) | |
| Net loss attributable to parent: | (79,361) | (66,561) | (50,037) | (47,918) | (338,996) | (159,268) | ||
| Preferred stock dividends and other adjustments | (16,270) | (15,513) | (12,623) | |||||
| Net loss available to common stockholders, diluted: | (95,631) | (82,074) | (62,660) | (47,918) | (338,996) | (159,268) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (79,361) | (66,561) | (50,037) | (47,918) | (338,996) | (159,268) | ||
| Comprehensive loss: | (79,361) | (66,561) | (50,037) | (47,918) | (338,996) | (159,268) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1,830 | (3,842) | (5,068) | 5,303 | (1,712) | (4,397) | ||
| Comprehensive loss, net of tax, attributable to parent: | (77,531) | (70,403) | (55,105) | (42,615) | (340,708) | (163,665) | ||
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.