RealPage, Inc. (RP) financial statements (2021 and earlier)
Company profile
| Business Address |
2201 LAKESIDE BLVD RICHARDSON, TX 75082 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 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 investments | 595 | 197 | 228 | 69 | 105 | 31 | ||
| Cash and cash equivalents | 595 | 197 | 228 | 69 | 105 | 31 | ||
| Restricted cash and investments | 228 | 243 | 155 | 96 | 84 | 85 | ||
| Receivables | 146 | 143 | 124 | 125 | 92 | 74 | ||
| Inventory, net of allowances, customer advances and progress billings | 2 | |||||||
| Inventory | 2 | |||||||
| Prepaid expense | 30 | 25 | 19 | 12 | 11 | 8 | ||
| Other current assets | 30 | 27 | 15 | 7 | 6 | 23 | ||
| Other undisclosed current assets | (2) | |||||||
| Total current assets: | 1,027 | 636 | 541 | 309 | 297 | 222 | ||
| Noncurrent Assets | ||||||||
| Finance lease, right-of-use asset | 51 | 54 | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, right-of-use asset | 59 | 68 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 181 | 163 | 154 | 148 | 130 | 82 | ||
| Intangible assets, net (including goodwill) | 2,116 | 1,985 | 1,340 | 1,003 | 335 | 301 | ||
| Goodwill | 1,771 | 1,612 | 1,053 | 751 | 260 | 220 | ||
| Intangible assets, net (excluding goodwill) | 345 | 373 | 287 | 252 | 75 | 81 | ||
| Capitalized contract cost, net | 8 | ✕ | ✕ | ✕ | ||||
| Regulated entity, other noncurrent assets | 1 | 1 | ||||||
| Deferred income tax assets | 23 | 34 | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 30 | 31 | 20 | 11 | 10 | 6 | ||
| Other undisclosed noncurrent assets | 35 | 45 | 14 | 11 | ||||
| Total noncurrent assets: | 2,461 | 2,334 | 1,557 | 1,208 | 491 | 401 | ||
| TOTAL ASSETS: | 3,488 | 2,970 | 2,098 | 1,516 | 788 | 623 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 101 | 69 | 55 | 52 | 41 | 30 | ||
| Accounts payable | 44 | 40 | 25 | 27 | 21 | 17 | ||
| Accrued liabilities | 9 | |||||||
| Employee-related liabilities | 48 | 28 | 29 | 26 | 19 | 12 | ||
| Deferred revenue | 144 | 134 | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 34 | 35 | 16 | 14 | 5 | 0 | ||
| Customer refund liability | 227 | 243 | 155 | |||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 117 | 90 | 84 | ||
| Customer advances and deposits | ✕ | ✕ | ✕ | 96 | 84 | 85 | ||
| Contract with customer, liability | ✕ | ✕ | 121 | ✕ | ✕ | ✕ | ||
| Other liabilities | 11 | 17 | 13 | 12 | 16 | 7 | ||
| Other undisclosed current liabilities | 363 | 28 | 53 | 42 | 15 | 8 | ||
| Total current liabilities: | 880 | 525 | 412 | 333 | 251 | 215 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 955 | 1,244 | 580 | 634 | 117 | 40 | ||
| Long-term debt, excluding current maturities | 834 | 1,111 | 580 | 634 | 117 | 40 | ||
| Finance lease, liability | 71 | 73 | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, liability | 51 | 60 | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 37 | 28 | 42 | 47 | 36 | 41 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 6 | 6 | 7 | ||
| Deferred revenue | 4 | 5 | ✕ | ✕ | ✕ | ✕ | ||
| Contract with customer, liability | ✕ | ✕ | 5 | ✕ | ✕ | ✕ | ||
| Other liabilities | 33 | 23 | 37 | 42 | 30 | 34 | ||
| Total noncurrent liabilities: | 992 | 1,272 | 623 | 682 | 153 | 81 | ||
| Total liabilities: | 1,873 | 1,797 | 1,035 | 1,014 | 403 | 297 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 1,615 | 1,173 | 1,063 | 502 | 385 | 326 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (22) | (39) | (65) | (61) | (30) | (24) | ||
| Additional paid in capital | 1,604 | 1,222 | 1,188 | 638 | 534 | 472 | ||
| Accumulated other comprehensive income (loss) | (4) | (2) | (0) | 0 | (0) | (1) | ||
| Retained earnings (accumulated deficit) | 38 | (8) | (59) | (75) | (119) | (120) | ||
| Total stockholders' equity: | 1,615 | 1,173 | 1,063 | 502 | 385 | 326 | ||
| TOTAL LIABILITIES AND EQUITY: | 3,488 | 2,970 | 2,098 | 1,516 | 788 | 623 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 1,158 | 988 | 869 | 671 | 568 | 469 | |
| Revenue, net | ✕ | ✕ | ✕ | 671 | 568 | 469 | |
| Cost of revenue (Cost of Goods and Services Sold) | (501) | (426) | (328) | (273) | (242) | (199) | |
| Other undisclosed gross profit | (36) | ||||||
| Gross profit: | 657 | 562 | 505 | 398 | 326 | 270 | |
| Operating expenses | (554) | (470) | (439) | (368) | (295) | (282) | |
| Operating income (loss): | 103 | 92 | 66 | 30 | 31 | (12) | |
| Interest and debt expense | (4) | (4) | |||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (47) | (28) | (32) | (15) | (4) | (1) | |
| Income (loss) from continuing operations before income taxes: | 51 | 61 | 34 | 15 | 27 | (13) | |
| Income tax expense (benefit) | (5) | (2) | 0 | (15) | (11) | 4 | |
| Net income (loss) available to common stockholders, diluted: | 46 | 58 | 35 | 0 | 17 | (9) | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 46 | 58 | 35 | 0 | 17 | (9) | |
| Other comprehensive loss | (1) | (1) | |||||
| Comprehensive income (loss): | 46 | 57 | 35 | 0 | 17 | (9) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1) | (1) | (1) | 0 | 0 | (0) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 44 | 56 | 34 | 1 | 17 | (10) | |
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.