HealthStream, Inc.

HSTM

HSTMHealthStream, Inc. US flag

NASDAQ Global Select

28.48

USD

-0.46

- -

832.05MMarket Cap

Income Statement (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	82	104	132	171	209	192	215	232	254	245	257	267	279	292	304
+ Sales & Services Revenue	82	104	132	171	209	192	215	232	254	245	257	267	279	292	304
- Cost of Revenue	31	42	56	74	89	75	87	96	104	89	91	91	95	98	107
+ Cost of Goods & Services	31	42	56	74	89	75	87	96	104	89	91	91	95	98	107
Gross Profit	51	62	77	97	120	117	128	136	150	155	166	176	184	194	197
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	40	49	62	80	106	110	118	120	136	140	158	163	168	172	177
+ Selling, General & Admin	27	33	42	53	65	65	70	70	79	77	79	81	81	82	82
+ Research & Development	7	9	12	16	24	24	24	26	29	32	42	44	46	49	51
+ Other Operating Expense	5	7	8	11	17	20	24	24	28	30	37	38	41	41	43
Operating Income (Loss)	11	13	15	16	14	7	9	15	15	16	8	12	16	21	20
- Non-Operating (Income) Loss	- -	- -	- -	- -	- -	-1	-1	-1	-3	-2	- -	-3	-2	-4	-3
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2	-4	-3
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	4	3
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	- -	-1	-1	-1	-3	-2	- -	-3	- -	- -	- -
Pretax Income	11	14	15	17	14	8	10	17	18	18	8	16	19	25	23
- Income Tax Expense (Benefit)	4	6	6	6	5	3	1	3	4	4	2	3	3	5	5
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	7	8	8	10	9	5	9	13	14	14	6	12	15	20	18
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	1	-1	-19	-2	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	-1	1	19	2	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	2	-2	-38	-3	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	7	8	8	10	9	4	10	32	16	14	6	12	15	20	18
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	7	8	8	10	9	4	10	32	16	14	6	12	15	20	18
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	7	8	8	10	9	4	10	32	16	14	6	12	15	20	18
EBIT	11	13	15	16	14	7	9	15	15	16	8	12	16	21	20
EBITDA	17	20	23	27	31	28	33	40	43	46	45	50	57	63	64
EBITDA Margin (%)	20.41	19.4	17.02	16	14.62	14.33	15.57	17.15	16.76	18.79	17.48	18.89	20.46	21.44	20.95
EBITA	11	13	15	16	14	7	9	15	15	16	8	12	16	21	20
Gross Margin (%)	62.15	59.84	57.96	56.56	57.23	60.98	59.42	58.55	59.12	63.51	64.54	65.84	65.95	66.42	64.74
Operating Margin (%)	13.82	12.97	11.09	9.59	6.49	3.73	4.38	6.69	5.79	6.46	3.14	4.67	5.74	7.3	6.66
Profit Margin (%)	8.46	7.37	6.36	6.09	4.12	1.95	4.66	13.91	6.21	5.76	2.28	4.53	5.45	6.86	6.03
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	0.1	0.11	0.12
Depreciation Expense	5	7	8	11	17	20	24	24	28	30	37	38	41	41	43
Basic Weighted Avg Shares	22	26	27	28	30	32	32	32	32	32	32	31	31	30	30
Basic EPS, GAAP	0.31	0.29	0.31	0.38	0.29	0.12	0.31	1	0.49	0.44	0.19	0.39	0.5	0.66	0.61
Basic EPS from Cont Ops	0.31	0.29	0.31	0.38	0.29	0.15	0.28	0.41	0.44	0.44	0.19	0.39	0.5	0.66	0.61
Diluted Weighted Avg Shares	24	28	28	28	30	32	32	32	32	32	32	31	31	31	30
Diluted EPS, GAAP	0.29	0.28	0.3	0.37	0.28	0.12	0.31	1	0.49	0.44	0.18	0.39	0.5	0.66	0.61
Diluted EPS from Cont Ops	0.29	0.28	0.3	0.37	0.28	0.15	0.27	0.41	0.44	0.44	0.18	0.39	0.5	0.66	0.61

Balance Sheet (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	111	118	147	175	210	177	200	241	225	115	107	114	130	153	120
+ Cash, Cash Equivalents & STI	83	93	108	121	149	103	131	169	173	46	52	54	71	97	57
+ Cash & Cash Equivalents	77	41	60	82	82	50	85	134	132	37	47	46	40	59	36
+ ST Investments	7	52	49	39	67	54	46	34	41	10	5	8	31	38	21
+ Accounts & Notes Receiv	17	17	27	35	38	47	38	41	30	46	35	43	38	35	39
+ Accounts Receivable, Net	16	15	25	33	36	45	37	38	28	41	30	37	34	30	32
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	1	1	1	2	2	3	1	3	3	5	5	6	4	5	7
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	10	8	12	19	22	27	31	32	21	22	20	18	21	21	24
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	43	56	65	83	170	219	211	201	265	386	380	383	370	358	401
+ Property, Plant & Equip, Net	6	8	9	9	12	10	8	16	56	50	43	38	33	28	26
+ Property, Plant & Equip	23	27	31	36	32	31	32	37	75	70	61	59	53	48	47
- Accumulated Depreciation	17	19	22	26	19	21	24	21	19	19	18	20	20	19	21
+ LT Investments & Receivables	6	- -	- -	2	4	3	4	3	7	7	7	5	4	- -	- -
+ LT Investments	6	- -	- -	2	4	3	4	3	7	7	7	5	4	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	31	48	56	71	154	205	200	181	203	328	330	341	332	329	375
+ Total Intangible Assets	31	48	56	69	153	204	171	164	184	306	304	311	300	290	328
+ Goodwill	21	29	36	42	83	110	86	86	102	178	183	192	191	191	218
+ Other Intangible Assets	10	19	20	28	70	95	85	78	82	127	122	119	109	99	111
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	1	- -	2	1	1	29	17	19	23	26	30	32	39	47
Total Assets	154	175	213	257	380	396	411	442	490	500	487	498	500	511	520
+ Payables & Accruals	8	11	16	21	21	24	27	41	40	38	27	38	25	22	25
+ Accounts Payable	3	1	2	5	5	3	4	8	5	9	5	7	7	7	8
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	5	10	14	16	16	21	22	32	35	29	21	30	18	15	17
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	24	24	40	56	68	71	74	66	66	81	74	79	93	94	100
+ Deferred Revenue	23	23	38	54	65	69	65	66	66	81	74	79	84	84	88
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	2	1	1	2	3	2	10	- -	- -	- -	- -	- -	9	10	11
Total Current Liabilities	32	35	56	77	89	95	101	107	105	119	100	117	118	116	124
+ LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	31	28	26	23	20	17	15
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	31	28	26	23	20	17	15
+ Other LT Liabilities	1	7	7	12	10	15	10	16	15	18	21	23	21	18	28
+ Accrued Liabilities	- -	6	6	9	9	14	6	14	15	16	20	21	18	16	20
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	1	1	1	3	1	1	4	2	- -	2	1	2	2	2	8
Total Noncurrent Liabilities	1	7	7	12	10	15	10	16	46	47	47	46	41	36	42
Total Liabilities	33	42	63	89	99	110	111	123	151	166	148	164	159	151	166
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	309	316	334	350	558	562	565	573	290	272	271	255	249	252	232
+ Common Stock	154	158	167	175	279	281	283	287	290	272	271	255	249	252	232
+ Additional Paid in Capital	154	158	167	175	279	281	283	287	- -	- -	- -	- -	- -	- -	- -
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-33	-26	-17	-7	2	5	18	32	48	62	68	80	92	109	124
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-1	-2	-1
Equity Before Minority Interest	121	132	149	168	280	286	300	319	338	334	339	334	341	359	354
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	121	132	149	168	280	286	300	319	338	334	339	334	341	359	354
Total Liabilities & Equity	154	175	213	257	380	396	411	442	490	500	487	498	500	511	520
Shares Outstanding	26	26	27	28	32	32	32	32	32	31	31	31	30	30	30
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	31	28	26	23	20	17	15
Net Debt	-77	-41	-60	-82	-82	-50	-85	-134	-132	-37	-47	-46	-40	-59	-36
Net Debt to Equity	-63.6	-31.29	-39.84	-48.85	-29.26	-17.35	-28.24	-42.11	-38.9	-10.95	-13.84	-13.78	-11.84	-16.55	-10.21
Tangible Common Equity Ratio	72.95	66.59	59.74	52.41	56.2	42.63	53.86	55.77	50.5	14.54	19.11	12.32	20.36	31.37	13.51
Current Ratio	3.42	3.38	2.62	2.26	2.35	1.87	1.98	2.26	2.14	0.96	1.06	0.98	1.1	1.32	0.96
Cash Conversion Cycle	34.01	39.22	45.05	45.14	41.57	58.24	53.92	34.86	23.86	22.08	21.51	21	18.15	14.12	12.91

Cash Flow Statement (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	7	8	8	10	9	4	10	32	16	14	6	12	15	20	18
+ Depreciation & Amortization	5	7	8	11	17	20	24	24	28	30	37	38	41	41	43
+ Non-Cash Items	5	7	2	1	2	6	- -	-4	13	11	16	12	14	17	26
+ Stock-Based Compensation	1	1	1	2	3	2	2	2	4	2	5	4	4	4	8
+ Deferred Income Taxes	4	6	3	1	- -	1	-2	3	2	4	2	1	-2	-1	5
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	1	-2	-2	-1	2	1	-9	7	5	9	8	12	14	13
+ Chg in Non-Cash Work Cap	2	1	9	12	7	-6	8	-8	9	-20	-16	-11	-6	-21	-24
+ (Inc) Dec in Accts Receiv	-5	1	-10	-7	-1	-8	1	-4	12	-3	10	-8	3	1	-4
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-1	-1	-6	-6	-2	-5	2	-2	7	-1	2	2	-2	-1	-1
+ Inc (Dec) in Accts Payable	2	1	10	9	3	5	6	5	2	-4	-8	4	4	-4	2
+ Inc (Dec) in Other	6	- -	15	16	7	2	-1	-7	-11	-13	-21	-10	-11	-16	-21
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	4	-1	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	20	23	27	34	35	24	47	43	66	36	42	51	64	58	63
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-10	-9	-9	-10	-15	-14	-15	-18	-37	-19	-25	-25	-28	-1	-4
+ Acq of Fixed Prod Assets	-4	-4	-4	-5	-8	-5	-6	-7	-22	-2	-3	-2	-2	-1	-4
+ Acq of Intangible Assets	-6	-4	-4	-6	-7	-9	-10	-11	-15	-17	-22	-23	-26	- -	- -
+ Cash (Repurchase) of Equity	55	- -	- -	- -	98	- -	- -	- -	- -	-20	-5	-23	-9	- -	-30
+ Increase in Capital Stock	55	- -	- -	- -	98	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	-20	-5	-23	-9	- -	-30
+ Net Change in LT Investment	-7	-40	2	7	-30	12	7	12	-7	31	5	-3	-22	-5	17
+ Dec in LT Investment	10	78	88	53	55	119	90	69	81	92	10	11	28	69	62
+ Inc in LT Investment	-17	-118	-86	-45	-85	-107	-83	-57	-87	-61	-5	-13	-50	-74	-45
+ Net Cash From Acq & Div	- -	-10	-8	-13	-89	-55	- -	43	-30	-123	-5	- -	-7	-1	-35
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	44	- -	- -	1	3	- -	1	- -
+ Cash for Acq of Subs	- -	-10	-8	-13	-89	-55	- -	-1	-30	-123	-6	-4	-7	-1	-35
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	-1	-3	- -	6	- -	- -	- -	- -	-27	-28
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	-1	-3	44	6	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-17	-59	-15	-16	-135	-57	-12	37	-68	-110	-26	-28	-57	-34	-50
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	-32	- -	- -	- -	- -	-3	-3	-4
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -	28	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	- -	- -	- -	-28	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	1	1	6	4	2	- -	- -	2	-1	- -	-1	-1	-1	-1	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	56	1	6	4	100	- -	- -	-30	-1	-20	-6	-24	-13	-5	-36
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	59	-36	18	22	- -	-32	35	50	-3	-95	10	-1	-6	19	-23
EBITDA	17	20	23	27	31	28	33	40	43	46	45	50	57	63	64
EBITDA Margin (%)	20.41	19.4	17.02	16	14.62	14.33	15.57	17.15	16.76	18.79	17.48	18.89	20.46	21.44	20.95
Free Cash Flow	10	14	18	24	20	10	32	25	29	17	17	26	36	56	60
Net Cash Paid for Acquisitions	- -	10	8	13	89	55	- -	-43	30	123	5	- -	7	1	35
Free Cash Flow to Firm	10	14	18	24	20	10	32	25	29	17	17	26	36	56	60
Free Cash Flow to Equity	16	18	23	30	27	20	41	36	44	34	39	49	62	56	60
Free Cash Flow per Basic Share	0.43	0.53	0.68	0.87	0.65	0.33	0.99	0.77	0.9	0.53	0.54	0.85	1.18	1.85	1.99
Price/Free Cash Flow	14.64	21.38	25.24	18.58	13.32	21.13	12.06	12.66	8.63	12.78	12.31	10	9.01	16.45	10.38
Cash Flow to Net Income	2.84	2.95	3.21	3.3	4.05	6.45	4.67	1.34	4.16	2.55	7.25	4.23	4.2	2.88	3.45
Capital Expenditures	-10	-9	-9	-10	-15	-14	-15	-18	-37	-19	-25	-25	-28	-1	-4