Sprout Social, Inc (SPT) financial statements (2022 and earlier)
Company profile
| Business Address |
131 SOUTH DEARBORN STREET CHICAGO, IL 60603 |
| 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 thousands)
| 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 176,935 | |||
| Cash and cash equivalents | 107,114 | |||
| Short-term investments | 69,821 | |||
| Receivables | 25,483 | |||
| Capitalized contract cost | 13,915 | |||
| Other undisclosed current assets | 6,199 | |||
| Total current assets: | 222,532 | |||
| Noncurrent Assets | ||||
| Operating lease, right-of-use asset | 9,459 | |||
| Property, plant and equipment | 12,854 | |||
| Intangible assets, net (including goodwill) | 5,344 | |||
| Goodwill | 2,299 | |||
| Intangible assets, net (excluding goodwill) | 3,045 | |||
| Capitalized contract cost, net | 14,402 | |||
| Other noncurrent assets | 126 | |||
| Total noncurrent assets: | 42,185 | |||
| TOTAL ASSETS: | 264,717 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 26,516 | |||
| Accounts payable | 2,888 | |||
| Accrued liabilities | 11,072 | |||
| Employee-related liabilities | 12,556 | |||
| Deferred revenue | 69,220 | |||
| Other undisclosed current liabilities | 2,693 | |||
| Total current liabilities: | 98,429 | |||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 20,946 | |||
| Operating lease, liability | 20,946 | |||
| Liabilities, other than long-term debt | 132 | |||
| Deferred revenue | 132 | |||
| Total noncurrent liabilities: | 21,078 | |||
| Total liabilities: | 119,507 | |||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | 145,210 | |||
| Treasury stock, value | (30,824) | |||
| Additional paid in capital | 351,774 | |||
| Accumulated deficit | (175,745) | |||
| Other undisclosed stockholders' equity attributable to parent | 5 | |||
| Total stockholders' equity: | 145,210 | |||
| TOTAL LIABILITIES AND EQUITY: | 264,717 | |||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|
| Revenues | 187,859 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (46,788) | ||
| Gross profit: | 141,071 | ||
| Operating expenses | (169,160) | ||
| Operating loss: | (28,089) | ||
| Nonoperating expense | (102) | ||
| Investment income, nonoperating | 259 | ||
| Other nonoperating expense | (361) | ||
| Interest and debt expense | (300) | ||
| Loss from continuing operations before income taxes: | (28,491) | ||
| Income tax expense | (211) | ||
| Net loss available to common stockholders, diluted: | (28,702) | ||
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|
| Net loss: | (28,702) | ||
| Comprehensive loss, net of tax, attributable to parent: | (28,702) | ||
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.