TruBridge Inc. (TBRG) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
54 ST. EMANUEL STREET MOBILE, AL 36602 |
| 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)
| 9/30/2024 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 | 3,848 | 6,951 | 11,431 | 12,671 | 7,357 | 5,732 | |||
| Cash and cash equivalents | 3,848 | 6,951 | 11,431 | 12,671 | 7,357 | 5,732 | |||
| Receivables | 63,720 | 55,785 | 40,919 | 43,235 | 50,851 | 55,533 | |||
| Inventory, net of allowances, customer advances and progress billings | 475 | 784 | 855 | 1,084 | 1,426 | 1,498 | |||
| Inventory | 475 | 784 | 855 | 1,084 | 1,426 | 1,498 | |||
| Prepaid expense | 1,628 | 701 | 4,599 | 1,789 | 1,337 | 2,120 | |||
| Disposal group, including discontinued operation | 25,977 | ||||||||
| Other undisclosed current assets | 15,807 | 10,338 | 11,194 | 8,365 | 5,861 | 5,055 | |||
| Total current assets: | 111,455 | 74,559 | 68,998 | 67,144 | 66,832 | 69,938 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 5,192 | 7,567 | 7,097 | 6,610 | 7,800 | ✕ | |||
| Property, plant and equipment | 8,974 | 9,884 | 11,590 | 13,139 | 11,593 | 10,875 | |||
| Long-term investments and receivables | 1,226 | 3,312 | 7,231 | 11,477 | 18,267 | 19,263 | |||
| Accounts and financing receivable, after allowance for credit loss | 1,226 | 3,312 | 7,231 | 11,477 | 18,267 | 19,263 | |||
| Intangible assets, net (including goodwill) | 261,122 | 300,253 | 272,916 | 221,905 | 233,326 | 226,675 | |||
| Goodwill | 171,909 | 198,253 | 177,713 | 150,216 | 150,216 | 140,449 | |||
| Intangible assets, net (excluding goodwill) | 89,213 | 102,000 | 95,203 | 71,689 | 83,110 | 86,226 | |||
| Other noncurrent assets | 7,314 | 8,131 | 3,874 | 2,787 | 1,771 | 995 | |||
| Other undisclosed noncurrent assets | 39,139 | 27,257 | 11,644 | 3,210 | |||||
| Total noncurrent assets: | 322,967 | 356,404 | 314,352 | 259,128 | 272,757 | 257,808 | |||
| TOTAL ASSETS: | 434,422 | 430,963 | 383,350 | 326,272 | 339,589 | 327,746 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 35,435 | 29,724 | 30,504 | 25,855 | 24,872 | 21,816 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 5,262 | 5,353 | 4,301 | 3,929 | ||
| Accounts payable | 10,133 | 7,035 | 8,079 | 7,716 | 8,804 | 5,668 | |||
| Accrued liabilities | 25,302 | 22,689 | 17,163 | 12,786 | 11,767 | 12,219 | |||
| Deferred revenue | 8,677 | 11,590 | 11,529 | 8,130 | 8,628 | ✕ | |||
| Debt | 3,141 | 3,141 | 4,394 | 3,457 | 8,430 | 6,486 | |||
| Disposal group, including discontinued operation | 977 | ||||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 10,201 | ||
| Total current liabilities: | 48,230 | 44,455 | 46,427 | 37,442 | 41,930 | 38,503 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 195,270 | 136,388 | 100,471 | 78,452 | 105,689 | 124,583 | |||
| Long-term debt, excluding current maturities | 195,270 | 136,388 | 94,966 | 73,360 | 99,433 | 124,583 | |||
| Liabilities, other than long-term debt | 4,304 | 18,409 | 13,880 | 10,378 | 7,623 | ||||
| Deferred income tax liabilities | 1,230 | 12,758 | 13,880 | 10,378 | 7,623 | ✕ | |||
| Operating lease, liability | 3,074 | 5,651 | 5,505 | 5,092 | 6,256 | ✕ | |||
| Other undisclosed noncurrent liabilities | 4,877 | ||||||||
| Total noncurrent liabilities: | 199,574 | 154,797 | 114,351 | 88,830 | 113,312 | 129,460 | |||
| Total liabilities: | 247,804 | 199,252 | 160,778 | 126,272 | 155,242 | 167,963 | |||
| Equity | |||||||||
| Equity, attributable to parent | 186,618 | 231,711 | 222,572 | 200,000 | 184,347 | 159,783 | |||
| Common stock | 15 | 15 | 15 | 15 | 14 | 14 | |||
| Treasury stock, value | (17,075) | (14,500) | (2,576) | (1,261) | |||||
| Additional paid in capital | 195,546 | 192,275 | 187,079 | 181,622 | 174,618 | 164,793 | |||
| Accumulated other comprehensive income | |||||||||
| Retained earnings (accumulated deficit) | 8,132 | 53,921 | 38,054 | 19,624 | 9,715 | (5,024) | |||
| Total equity: | 186,618 | 231,711 | 222,572 | 200,000 | 184,347 | 159,783 | |||
| TOTAL LIABILITIES AND EQUITY: | 434,422 | 430,963 | 383,350 | 326,272 | 339,589 | 327,746 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 339,435 | 326,648 | 280,629 | 264,488 | 274,634 | 280,411 | ||
| Cost of revenue | (202,336) | (172,213) | (139,747) | (128,242) | (130,489) | (130,683) | ||
| Cost of goods and services sold | (175,868) | (172,213) | (139,747) | (128,242) | (130,489) | (130,683) | ||
| Gross profit: | 137,099 | 154,435 | 140,882 | 136,246 | 144,145 | 149,728 | ||
| Operating expenses | (179,703) | (131,652) | (116,175) | (115,192) | (119,562) | (124,846) | ||
| Operating income (loss): | (42,604) | 22,783 | 24,707 | 21,054 | 24,583 | 24,882 | ||
| Nonoperating expense | (11,776) | (4,702) | (1,631) | (2,270) | (887) | (6,774) | ||
| Other nonoperating income (expense) | (11,776) | (4,702) | (1,631) | (2,270) | (887) | (6,774) | ||
| Interest and debt expense | (12,521) | (125) | (3,160) | (202) | (6,694) | (7,577) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 202 | 6,694 | 7,577 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (66,901) | 17,956 | 19,916 | 18,784 | 23,696 | 18,108 | ||
| Other undisclosed income from continuing operations before income taxes | 12,521 | 125 | 3,160 | |||||
| Income (loss) from continuing operations before income taxes: | (54,380) | 18,081 | 23,076 | 18,784 | 23,696 | 18,108 | ||
| Income tax expense (benefit) | 8,591 | (2,214) | (4,646) | (4,538) | (3,228) | (476) | ||
| Income (loss) from continuing operations: | (45,789) | 15,867 | 18,430 | 14,246 | 20,468 | 17,632 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 18,430 | 14,246 | 20,468 | 17,632 | |
| Net income (loss): | (45,789) | 15,867 | 18,430 | 14,246 | 20,468 | 17,632 | ||
| Other undisclosed net loss attributable to parent | ||||||||
| Net income (loss) attributable to parent: | (45,789) | 15,867 | 18,430 | 14,246 | 20,468 | 17,632 | ||
| Other undisclosed net income (loss) available to common stockholders, basic | 1,030 | (311) | (409) | (429) | (764) | (595) | ||
| Net income (loss) available to common stockholders, diluted: | (44,759) | 15,556 | 18,021 | 13,817 | 19,704 | 17,037 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (45,789) | 15,867 | 18,430 | 14,246 | 20,468 | 17,632 | ||
| Comprehensive income (loss): | (45,789) | 15,867 | 18,430 | 14,246 | 20,468 | 17,632 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | ||||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (45,789) | 15,867 | 18,430 | 14,246 | 20,468 | 17,632 | ||
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.