TBRG FY 2021 Earnings Report — TruBridge, Inc. Revenue & Financial Results | Market Cap Arena

TruBridge, Inc.TBRG

FY 2021 Earnings

Reported December 30, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$281M	—	$264M	—	6.1%
Op. Income	$25M	—	$21M	—	17.4%
Gross Margin	51.6%	—	51.5%	—	0.1pp
Net Margin	6.6%	—	5.4%	—	1.2pp
EPS (Diluted)	$1.26	—	$0.98	—	28.6%
Free Cash Flow	$37M	—	$42M	—	-11.8%

Revenue Flow

Item	Amount
REVENUE	$281M
Cost of Revenue	$136M
GROSS PROFIT	$145M
R&D Expenses	$30M
Selling & Marketing	$22M
General & Administrative	$48M
SG&A Expenses	$70M
Other Expenses	$19M
Operating Expenses	$120M
Cost & Expenses	$256M
OPERATING INCOME	$25M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$23M
Income Tax Expense	$5M
Net Income from Continuing Ops	$18M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$18M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$18M
D&A	$17M
EBIT	$26M
EBITDA	$43M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$281M
Cost of Revenue	$136M
GROSS PROFIT	$145M
R&D Expenses	$30M
Selling & Marketing	$22M
General & Administrative	$48M
SG&A Expenses	$70M
Other Expenses	$19M
Operating Expenses	$120M
Cost & Expenses	$256M
OPERATING INCOME	$25M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$23M
Income Tax Expense	$5M
Net Income from Continuing Ops	$18M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$18M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$18M
D&A	$17M
EBIT	$26M
EBITDA	$43M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$18M
Depreciation & Amortization	$17M
Stock-Based Compensation	$5M
Deferred Income Tax	$4M
Other Non-Cash Items	$5M
Change in Working Capital	-$1M
OPERATING CASH FLOW	$48M
Capital Expenditure	-$10M
Acquisitions (Net)	-$60M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$70M
Net Debt Issuance	$22M
Common Stock Repurchased	-$1M
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$21M
FREE CASH FLOW	$37M
Net Change in Cash	-$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$11M
Short-Term Investments	$0
Net Receivables	$41M
Inventory	$855.0K
Other Current Assets	$11M
TOTAL CURRENT ASSETS	$69M
PP&E (Net)	$19M
Goodwill	$178M
Intangible Assets	$107M
Long-Term Investments	$7M
Tax Assets	$11M
Other Non-Current Assets	-$8M
TOTAL NON-CURRENT ASSETS	$314M
TOTAL ASSETS	$383M
Account Payables	$8M
Short-Term Debt	$4M
Deferred Revenue	$12M
Other Current Liabilities	$6M
TOTAL CURRENT LIABILITIES	$46M
Long-Term Debt	$95M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$14M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$114M
TOTAL LIABILITIES	$161M
Common Stock	$15.0K
Additional Paid-In Capital	$187M
Retained Earnings	$38M
Treasury Stock	-$3M
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$223M
Minority Interest	$0
TOTAL EQUITY	$223M
TOTAL LIABILITIES & EQUITY	$383M
Total Debt	$106M
Net Debt	$95M