PROS Holdings, Inc. (PRO) financial statements (2022 and earlier)

Company profile

Business Address 3200 KIRBY DR.
HOUSTON, TX 77098
State of Incorp. DE
Fiscal Year End December 31
SIC 7371 - Computer Programming Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments227,553329,134306,077295,476160,505134,035164,270
Cash and cash equivalents227,553329,134306,077295,476160,505118,039161,770
Short-term investments     15,9962,500
Receivables40,58153,70065,28842,80033,24434,04539,701
Deferred costs5,7725,9415,7564,089   
Other undisclosed current assets9,6235,5258,8243,7788,3075,5777,070
Total current assets:283,529394,300385,945346,143202,056173,657211,041
Noncurrent Assets
Operating lease, right-of-use asset25,73230,68926,550
Property, plant and equipment30,95836,50414,79414,67614,00715,23815,777
Intangible assets, net (including goodwill)135,75158,38563,70957,58565,38732,74634,636
Goodwill108,13350,04449,10438,23138,45820,09620,445
Intangible assets, net (excluding goodwill)27,6188,34114,60519,35426,92912,65014,191
Deferred costs9,51012,54415,47813,373   
Other noncurrent assets9,0037,5496,8315,1907,2336,0132,268
Total noncurrent assets:210,954145,671127,36290,82486,62753,99752,681
TOTAL ASSETS:494,483539,971513,307436,967288,683227,654263,722
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities48,65942,82564,50238,95926,42128,37225,690
Accounts payable4,0344,2469,0986,9342,9762,7448,273
Accrued liabilities12,63113,06522,7489,5066,7337,2794,333
Employee-related liabilities31,99425,51432,65622,51916,71218,34913,084
Deferred revenue97,71399,156124,459
Debt  7,173136,529   
Deferred revenue and credits99,26275,60468,34960,664
Other undisclosed current liabilities8,4575,937     
Total current liabilities:154,829147,918196,134274,750102,02596,72186,354
Noncurrent Liabilities
Long-term debt and lease obligation326,321262,127133,09588,661213,203122,299116,371
Long-term debt, excluding current maturities288,287218,028110,70488,661213,203122,299116,371
Operating lease, liability38,03444,09922,391
Liabilities, other than long-term debt9,74912,88919,08218,65720,43412,0285,583
Deferred revenue and credits17,90319,59111,3894,665
Deferred revenue8,55311,37217,801
Other liabilities1,1961,5171,281754843639918
Total noncurrent liabilities:336,070275,016152,177107,318233,637134,327121,954
Total liabilities:490,899422,934348,311382,068335,662231,048208,308
Stockholders' equity
Stockholders' equity attributable to parent3,584117,037164,99654,899(46,979)(3,394)55,414
Common stock49484742363534
Treasury stock, value(29,847)(29,847)(29,847)(13,938)(13,938)(13,938)(13,938)
Additional paid in capital546,693589,040560,496364,877207,924175,678158,674
Accumulated other comprehensive loss(4,659)(3,431)(3,911)(3,374)(2,816)(4,910)(4,322)
Accumulated deficit(508,652)(438,773)(361,789)(292,708)(238,185)(160,259)(85,034)
Total stockholders' equity:3,584117,037164,99654,899(46,979)(3,394)55,414
TOTAL LIABILITIES AND EQUITY:494,483539,971513,307436,967288,683227,654263,722

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues251,423252,424250,334197,024168,816153,276168,246
Revenue, net132,26499,40884,711104,580
Cost of revenue
(Cost of Goods and Services Sold)
(104,925)(104,633)(99,117)(77,179)(68,566)(63,353)(61,410)
Gross profit:146,498147,791151,217119,845100,25089,923106,836
Operating expenses(220,841)(213,871)(204,555)(169,060)(165,193)(155,321)(162,333)
Operating loss:(74,343)(66,080)(53,338)(49,215)(64,943)(65,398)(55,497)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
308897(354)2,155384(38)(661)
Interest and debt expense(6,304)(11,125)(5,660)(16,986)(13,218)(9,319)(8,914)
Other undisclosed loss from continuing operations before equity method investments, income taxes  (9,105)    
Loss from continuing operations before income taxes:(80,339)(76,308)(68,457)(64,046)(77,777)(74,755)(65,072)
Income tax expense(870)(676)(624)(200)(149)(470)(739)
Net loss available to common stockholders, diluted:(81,209)(76,984)(69,081)(64,246)(77,926)(75,225)(65,811)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(81,209)(76,984)(69,081)(64,246)(77,926)(75,225)(65,811)
Other comprehensive income (loss)(1,228)480(537)(558)2,094(588)(2,073)
Comprehensive loss, net of tax, attributable to parent:(82,437)(76,504)(69,618)(64,804)(75,832)(75,813)(67,884)

Statements sources

The financial statements are based on the company's filings with the 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.

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