Planet Payment Inc (PLPM) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
670 LONG BEACH BLVD LONG BEACH, NY 11561 |
| 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)
| 9/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 13,306 | 14,676 | 9,838 | 6,572 | 6,002 | |||
| Cash and cash equivalents | 13,306 | 14,676 | 9,838 | 6,572 | 6,002 | |||
| Restricted cash and investments | 4,981 | 5,050 | 2,518 | |||||
| Receivables | 6,061 | 6,406 | 6,949 | 6,016 | 5,586 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 2,395 | ||
| Other undisclosed current assets | 1,941 | 1,801 | 5,304 | 4,929 | ||||
| Total current assets: | 26,288 | 27,933 | 22,091 | 17,517 | 16,501 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 1,674 | 1,812 | 2,140 | 2,199 | 1,396 | |||
| Intangible assets, net (including goodwill) | 1,104 | 1,665 | 2,366 | 3,183 | 3,637 | |||
| Goodwill | 277 | 287 | 320 | 362 | 348 | |||
| Intangible assets, net (excluding goodwill) | 827 | 1,378 | 2,047 | 2,821 | 3,290 | |||
| Restricted cash and investments | 550 | 552 | 432 | 446 | 669 | |||
| Other noncurrent assets | 2,096 | ✕ | ||||||
| Deferred tax assets, net | 22,673 | |||||||
| Other undisclosed noncurrent assets | 4,197 | 12,546 | 6,902 | 7,046 | 5,115 | |||
| Total noncurrent assets: | 32,295 | 16,574 | 11,841 | 12,874 | 10,817 | |||
| TOTAL ASSETS: | 58,584 | 44,507 | 33,931 | 30,391 | 27,319 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 6,184 | 6,745 | 3,431 | 5,618 | 6,188 | |||
| Accounts payable | 830 | 307 | 512 | 586 | 889 | |||
| Accrued liabilities | 5,354 | 6,439 | 2,919 | 5,033 | 5,299 | |||
| Debt | 167 | 291 | 459 | 466 | 338 | |||
| Deferred revenue and credits | 801 | 549 | ||||||
| Other undisclosed current liabilities | 5,199 | 5,240 | 3,552 | 2,470 | 2,546 | |||
| Total current liabilities: | 11,551 | 12,276 | 8,242 | 9,103 | 9,072 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 9,916 | 364 | ||||||
| Long-term debt, excluding current maturities | 9,916 | |||||||
| Capital lease obligations | 364 | |||||||
| Liabilities, other than long-term debt | 855 | 1,667 | 1,000 | 900 | ||||
| Deferred revenue and credits | 1,000 | 900 | ||||||
| Other liabilities | 855 | 1,667 | ||||||
| Other undisclosed noncurrent liabilities | 560 | 533 | ||||||
| Total noncurrent liabilities: | 10,771 | 1,667 | 1,560 | 1,433 | 364 | |||
| Total liabilities: | 22,322 | 13,943 | 9,802 | 10,536 | 9,436 | |||
| Equity | ||||||||
| Equity, attributable to parent | 36,262 | 30,564 | 24,129 | 19,855 | 17,883 | |||
| Preferred stock | 15 | 22 | 22 | 22 | 22 | |||
| Common stock | 597 | 562 | 557 | 550 | 537 | |||
| Treasury stock, value | (31,726) | (7,883) | (823) | |||||
| Additional paid in capital | 111,327 | 106,741 | 103,277 | 101,039 | 97,576 | |||
| Accumulated other comprehensive income (loss) | (654) | (510) | (174) | 135 | 38 | |||
| Accumulated deficit | (43,296) | (68,368) | (78,731) | (81,891) | (81,913) | |||
| Warrants and rights outstanding | 1,623 | |||||||
| Total equity: | 36,262 | 30,564 | 24,129 | 19,855 | 17,883 | |||
| TOTAL LIABILITIES AND EQUITY: | 58,584 | 44,507 | 33,931 | 30,391 | 27,319 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 54,337 | 52,815 | 47,369 | 46,566 | 43,578 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (23,151) | (25,764) | (23,887) | (24,285) | (21,954) | ||
| Other undisclosed gross profit | 11,438 | 11,369 | 11,011 | ||||
| Gross profit: | 31,186 | 27,051 | 34,920 | 33,650 | 32,635 | ||
| Operating expenses | (44,516) | (46,456) | (43,485) | (46,526) | (47,820) | ||
| Other undisclosed operating income | 23,151 | 25,764 | 12,449 | 12,916 | 10,943 | ||
| Operating income (loss): | 9,821 | 6,359 | 3,884 | 40 | (4,242) | ||
| Nonoperating income (expense) | (179) | 33 | 77 | 23 | (63) | ||
| Gain, foreign currency transaction, before tax | 200 | 100 | |||||
| Other nonoperating income (expense) | 93 | 89 | 140 | 89 | (9) | ||
| Interest and debt expense | (274) | (58) | (65) | (67) | (56) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 9,368 | 6,335 | 3,896 | (4) | (4,361) | ||
| Other undisclosed income from continuing operations before income taxes | 274 | 58 | 65 | 67 | 56 | ||
| Income (loss) from continuing operations before income taxes: | 9,642 | 6,392 | 3,961 | 63 | (4,305) | ||
| Income tax expense (benefit) | 15,430 | 3,970 | (800) | (41) | (147) | ||
| Income (loss) from continuing operations: | 25,072 | 10,362 | 3,160 | 22 | (4,452) | ||
| Income (loss) before gain (loss) on sale of properties: | 25,072 | 10,362 | 3,160 | 22 | (4,452) | ||
| Net income (loss) attributable to parent: | 25,072 | 10,362 | 3,160 | 22 | (4,452) | ||
| Other undisclosed net loss available to common stockholders, basic | (357) | (3) | |||||
| Net income (loss) available to common stockholders, diluted: | 25,072 | 10,362 | 2,803 | 19 | (4,452) | ||
Comprehensive Income ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 25,072 | 10,362 | 3,160 | 22 | (4,452) | ||
| Comprehensive income (loss): | 25,072 | 10,362 | 3,160 | 22 | (4,452) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (144) | (337) | (309) | 97 | 79 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 24,928 | 10,026 | 2,851 | 119 | (4,374) | ||
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.