Aspen Technology, Inc. (AZPN) Financial Statements (2023 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 millions)
| 12/31/2021 TTM | 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 | 211 | 380 | 288 | 72 | 96 | 102 | 321 | ||
| Cash and cash equivalents | 211 | 380 | 288 | 72 | 96 | 102 | 318 | ||
| Short-term investments | 3 | ||||||||
| Receivables | 36 | 53 | 56 | 48 | 22 | 28 | 21 | ||
| Prepaid expense | 3 | 15 | 4 | 3 | 3 | 5 | 6 | ||
| Contract with customer, asset | 325 | 309 | 291 | 294 | ✕ | ✕ | ✕ | ||
| Other undisclosed current assets | 13 | 13 | 11 | 13 | 11 | 12 | 14 | ||
| Total current assets: | 588 | 768 | 650 | 429 | 131 | 146 | 361 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 30 | 33 | 35 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 5 | 6 | 6 | 7 | 10 | 13 | 16 | ||
| Long-term investments and receivables | 0 | ||||||||
| Long-term investments | 0 | ||||||||
| Intangible assets, net (including goodwill) | 196 | 204 | 180 | 112 | 111 | 72 | 28 | ||
| Goodwill | 157 | 160 | 137 | 78 | 76 | 51 | 23 | ||
| Intangible assets, net (excluding goodwill) | 40 | 44 | 43 | 34 | 35 | 21 | 5 | ||
| Contract with customer, asset, net | 448 | 407 | 319 | 326 | ✕ | ✕ | ✕ | ||
| Capitalized contract cost, net | 30 | 29 | 29 | 25 | ✕ | ✕ | ✕ | ||
| Deferred costs | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Deferred income tax assets | 2 | 2 | ✕ | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 4 | 4 | 2 | 1 | 1 | 1 | 1 | ||
| Other undisclosed noncurrent assets | 1 | 2 | 11 | 14 | 12 | ||||
| Total noncurrent assets: | 716 | 686 | 573 | 474 | 134 | 102 | 58 | ||
| TOTAL ASSETS: | 1,304 | 1,454 | 1,223 | 903 | 265 | 248 | 420 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 92 | 58 | 49 | 75 | 45 | 55 | 40 | ||
| Accounts payable | 5 | 4 | 4 | 6 | 4 | 5 | 4 | ||
| Accrued liabilities | 45 | 51 | 44 | 55 | 40 | 48 | 36 | ||
| Taxes payable | 42 | 3 | 2 | 15 | 2 | 2 | 0 | ||
| Deferred revenue | 49 | 56 | 43 | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 24 | 20 | 142 | 220 | 170 | 140 | 140 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 287 | 272 | 253 | ||
| Other undisclosed current liabilities | 8 | 7 | 25 | ||||||
| Total current liabilities: | 173 | 142 | 234 | 321 | 502 | 467 | 433 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 26 | 30 | 33 | ||||||
| Operating lease, liability | 26 | 30 | 33 | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 152 | 209 | 17 | 169 | 47 | 41 | 62 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 28 | 28 | 30 | ||
| Deferred revenue | 9 | 12 | 14 | ✕ | ✕ | ✕ | ✕ | ||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 159 | |||||
| Deferred income tax liabilities | 140 | 193 | ✕ | ✕ | ✕ | ✕ | |||
| Other liabilities | 2 | 4 | 3 | 10 | 18 | 13 | 33 | ||
| Total noncurrent liabilities: | 178 | 239 | 50 | 169 | 47 | 41 | 62 | ||
| Total liabilities: | 351 | 380 | 285 | 490 | 549 | 509 | 495 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 692 | 801 | 466 | 393 | (284) | (261) | (75) | ||
| Common stock | 10 | 10 | 10 | 10 | 10 | 10 | 10 | ||
| Treasury stock, value | (2,031) | (1,816) | (1,766) | (1,616) | (1,316) | (1,116) | (741) | ||
| Additional paid in capital | 829 | 820 | 769 | 739 | 715 | 687 | 659 | ||
| Accumulated other comprehensive income (loss) | 4 | 9 | (5) | 0 | 1 | 1 | 3 | ||
| Retained earnings (accumulated deficit) | 1,879 | 1,778 | 1,458 | 1,260 | 305 | 157 | (6) | ||
| Total stockholders' equity: | 692 | 801 | 466 | 393 | (284) | (261) | (75) | ||
| Other undisclosed liabilities and equity | 261 | 273 | 472 | 20 | |||||
| TOTAL LIABILITIES AND EQUITY: | 1,304 | 1,454 | 1,223 | 903 | 265 | 248 | 420 | ||
Income Statement (P&L) ($ in millions)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 668 | 709 | 599 | 598 | 500 | 483 | 472 | |
| Cost of revenue | (60) | (60) | (62) | (58) | (51) | (47) | (49) | |
| Gross profit: | 608 | 649 | 537 | 541 | 449 | 435 | 424 | |
| Operating expenses | (325) | (291) | (280) | (258) | (239) | (223) | (212) | |
| Operating income: | 283 | 358 | 257 | 283 | 210 | 212 | 211 | |
| Nonoperating income (expense) | (6) | (3) | 1 | 1 | (1) | 1 | 0 | |
| Foreign currency transaction loss, before tax | (2) | |||||||
| Other nonoperating income (expense) | (4) | (3) | 1 | 1 | (1) | 1 | 0 | |
| Interest and debt expense | (6) | (7) | (12) | (9) | (6) | (4) | (1) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 19 | 37 | 33 | 28 | 0 | 1 | 0 | |
| Income from continuing operations before equity method investments, income taxes: | 289 | 385 | 279 | 303 | 203 | 210 | 211 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 20 | (0) | ||||||
| Income from continuing operations before income taxes: | 309 | 385 | 279 | 303 | 203 | 210 | 211 | |
| Income tax expense | (50) | (65) | (50) | (40) | (55) | (48) | (71) | |
| Net income: | 259 | 320 | 230 | 263 | 149 | 162 | 140 | |
| Other undisclosed net income attributable to parent | 0 | 0 | ||||||
| Net income available to common stockholders, diluted: | 259 | 320 | 230 | 263 | 149 | 162 | 140 | |
Comprehensive Income ($ in millions)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 259 | 320 | 230 | 263 | 149 | 162 | 140 | |
| Comprehensive income: | 259 | 320 | 230 | 263 | 149 | 162 | 140 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (2) | 14 | (6) | (1) | (0) | (1) | (4) | |
| Comprehensive income, net of tax, attributable to parent: | 257 | 334 | 224 | 262 | 149 | 161 | 136 | |
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.