Aspen Technology, Inc. (AZPN) Financial Statements (2024 and earlier)

Company Profile

Business Address 20 CROSBY DRIVE
BEDFORD, MA 01730
State of Incorp. DE
Fiscal Year End June 30
Industry (SIC) 7371 - Computer Programming Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

3/31/2022
MRQ
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 379,853287,79671,92696,165101,954321,342
Cash and cash equivalents 379,853287,79671,92696,165101,954318,336
Short-term investments      3,006
Receivables 52,50256,30147,78421,91027,67020,776
Prepaid expense 14,6393,9622,5092,6014,5015,557
Contract with customer, asset, after allowance for credit loss 308,607291,497294,193
Other undisclosed current assets 12,71610,88412,62810,50912,06113,648
Total current assets: 768,317650,440429,040131,185146,186361,323
Noncurrent Assets
Operating lease, right-of-use asset 32,53934,905
Property, plant and equipment 5,6105,9637,2349,80613,40015,825
Long-term investments and receivables  300    
Long-term investments  300    
Intangible assets, net (including goodwill) 204,179179,906111,990110,90072,03728,438
Goodwill 159,852137,05578,38375,59051,24823,438
Intangible assets, net (excluding goodwill) 44,32742,85133,60735,31020,7895,000
Contract with customer, asset, after allowance for credit loss 407,180318,976325,510
Capitalized contract cost, net 29,05628,61424,982
Deferred costs 1,4619281,306646667720
Deferred income tax assets 2,121 
Other noncurrent assets 3,5371,8391,3341,2971,3001,196
Other undisclosed noncurrent assets  1,4351,66911,09014,35212,236
Total noncurrent assets: 685,683572,866474,025133,739101,75658,415
TOTAL ASSETS: 1,454,0001,223,306903,065264,924247,942419,738
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 58,38649,34375,43745,44355,21940,103
Taxes payable 3,4441,79914,9521,6981,603439
Accounts payable 4,3673,9885,8914,2305,4673,559
Accrued liabilities 50,57543,55654,59439,51548,14936,105
Deferred revenue 56,39343,168
Debt 20,000141,987220,000170,000140,000140,000
Deferred revenue and credits286,845272,024252,520
Other undisclosed current liabilities 6,751 25,318   
Total current liabilities: 141,530234,498320,755502,288467,243432,623
Noncurrent Liabilities
Long-term debt and lease obligation: 29,69933,088    
Liabilities, other than long-term debt 208,85217,020169,45246,75141,48362,149
Deferred revenue and credits28,25928,33529,558
Deferred revenue 11,73213,913
Deferred tax liabilities, net159,071   
Deferred income tax liabilities 193,360 
Other liabilities 3,7603,10710,38118,49213,14832,591
Operating lease, liability 29,69933,088
Total noncurrent liabilities: 238,55150,108169,45246,75141,48362,149
Total liabilities: 380,081284,606490,207549,039508,726494,772
Equity
Equity, attributable to parent 800,757466,353393,285(284,115)(260,784)(75,034)
Common stock 10,45510,39910,36510,31310,25710,203
Treasury stock, value (1,816,499)(1,766,499)(1,616,499)(1,316,499)(1,116,499)(741,499)
Additional paid in capital 819,642769,411739,099715,475687,479659,287
Accumulated other comprehensive income (loss) 9,026(5,288)3361,3881,4592,651
Retained earnings (accumulated deficit) 1,778,1331,458,3301,259,984305,208156,520(5,676)
Total equity: 800,757466,353393,285(284,115)(260,784)(75,034)
Other undisclosed liabilities and equity 273,162472,34719,573   
TOTAL LIABILITIES AND EQUITY: 1,454,0001,223,306903,065264,924247,942419,738

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

3/31/2022
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Revenues 709,376598,717598,345499,514482,942472,344
Cost of revenue (60,151)(61,607)(57,816)(50,644)(47,466)(48,611)
Gross profit: 649,225537,110540,529448,870435,476423,733
Operating expenses (290,824)(279,751)(257,727)(239,229)(223,460)(212,352)
Operating income: 358,401257,359282,802209,641212,016211,381
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
 (3,200)1,202664(838)1,30929
Interest and debt expense (7,245)(11,862)(8,733)(5,691)(3,787)(1,212)
Other undisclosed income from continuing operations before equity method investments, income taxes 36,79132,65828,457231808441
Income from continuing operations before equity method investments, income taxes: 384,747279,357303,190203,343210,346210,639
Other undisclosed loss from continuing operations before income taxes (1)     
Income from continuing operations before income taxes: 384,746279,357303,190203,343210,346210,639
Income tax expense (64,944)(49,686)(40,456)(54,655)(48,150)(70,688)
Income from continuing operations: 319,802229,671262,734148,688162,196139,951
Income before gain (loss) on sale of properties:319,802229,671262,734148,688162,196139,951
Net income: 319,802229,671262,734148,688162,196139,951
Other undisclosed net income attributable to parent 1     
Net income available to common stockholders, diluted: 319,803229,671262,734148,688162,196139,951

Comprehensive Income ($ in thousands)

3/31/2022
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Net income: 319,802229,671262,734148,688162,196139,951
Comprehensive income: 319,802229,671262,734148,688162,196139,951
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 14,315(5,624)(1,052)(71)(1,192)(3,819)
Comprehensive income, net of tax, attributable to parent: 334,117224,047261,682148,617161,004136,132

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: