Model N, Inc.

Model N, Inc.

MODN
Model N, Inc.US flagNew York Stock Exchange
30.00
USD
+0.03
- -
1.18BMarket Cap
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
TTM
Revenue per Share
8.9
5.51
6.38
3.35
3.6
3.91
4.58
5.09
4.38
4.74
5.46
5.96
6.55
6.61
Basic EPS, GAAP
0.2
-0.37
-0.06
-0.86
-0.75
-1.21
-1.38
-0.93
-0.6
-0.4
-0.84
-0.78
-0.89
0.01
Free Cash Flow per Basic Share
0.32
0.26
-0.11
-0.32
-0.42
-0.53
-0.43
0.07
0.32
0.41
0.52
0.66
0.61
1.55
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-7.58
-4
-3.89
-3.4
-3.95
-4.96
-6.12
-6.7
-6.59
-6.65
-7.21
-7.74
-7.8
-7.74
Tangible Book Value per Share
-6.83
-3.6
5.71
3.56
3.12
1.96
-1.33
-1.11
-0.49
1.79
0.35
0.86
0.52
1.15
Basic Weighted Avg Shares
7
15
16
24
26
27
29
30
32
34
35
37
38
39
Sales/Revenue/Turnover
65
84
102
82
94
107
131
155
141
161
193
219
249
256
Operating Margin (%)
4.06
-4.98
1.71
-24.91
-20.41
-30.61
-29.44
-13.44
-10.63
-4.1
-7.45
-5.91
-1.65
-1.07
Depreciation Expense
1
2
2
4
4
6
8
8
7
5
8
9
8
8
Net Income, GAAP
1
-6
-1
-21
-20
-33
-40
-28
-19
-14
-30
-29
-34
- -
Effective Tax Rate (%)
10.4
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
91.99
Profit Margin (%)
2.27
-6.76
-0.91
-25.54
-20.94
-30.95
-30.15
-18.24
-13.66
-8.48
-15.37
-13.07
-13.6
0.1
Working Capital
1
-13
87
82
75
49
10
16
18
169
126
155
290
316
LT Debt
6
3
- -
- -
- -
- -
52
52
39
117
142
148
287
286
Total Equity
-50
-52
94
89
83
66
41
40
53
125
124
135
115
137
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-0.05
Return on Capital (%)
-8.88
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-6.03
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'23
Dec'24
Mar'24
ST Debt
4
4
4
LT Borrowings
280
281
281
LT Finance Leases
7
6
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
39
39
39
Market Capitalization
930
1,035
1,103

Working Capital

FRC

in mil. unless spec.
Sep'23
Dec'24
Mar'24
Total Current Assets
384
402
427
Cash, Cash Equivalents & STI
301
303
335
Accounts Receivable, Net
62
83
79
Inventories
- -
- -
- -
Total Current Liabilities
93
100
111
Payables & Accruals
13
10
10
ST Debt
4
4
4
Deferred Revenue
62
74
82

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.95%
32.4%
-14.23%
Free Cash Flow
71.84%
88.84%
-4.71%
Net Income, GAAP
228%
14.32%
18.46%
Sales/Revenue/Turnover
10.21%
10.52%
13.82%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
52
53
56
58
219
2023
59
63
64
64
249
2024
63
65
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.17
-0.22
-0.17
-0.22
-0.78
2023
-0.11
-0.88
0.07
0.02
-0.89
2024
-0.05
-0.04
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Jason Blessing
Full Time Employees
1,089
Sector
Technology
Industry
Software - Application
Address
777 Mariners Island Boulevard San Mateo CA United States of America 94404
IPO Date
Mar 20, 2013
Website
modeln.com
Business
Model N, Inc. provides cloud-based revenue management solutions tailored for life sciences, pharmaceutical, medtech, and high-tech companies worldwide. The company offers an integrated platform encompassing Revenue Intelligence Cloud; Global Pricing Management to minimize price erosion; Global Tender Management for segmentation, optimal bid pricing, and post-award tracking; Deal Management and Deal Intelligence to enhance deal conversion, pricing consistency, and price concessions; Channel Management for inventory visibility, price protection, stock rotation, and inventory matching; Rebates Management to centralize rebate programs and model growth rebates; Payer Management to reduce revenue leakage and contract noncompliance; Provider Management to minimize rebate overpayments; Government Pricing and Medicaid solutions for revenue optimization, regulatory compliance, and timely rebate claims; Market Development Fund Management to streamline processes and curb leakage; Channel Data Management for automating data collection, cleansing, validation, and standardization including POS, inventory, and claims; and related services such as implementation, application support, business consulting, strategic advisory, and customer support. Incorporated in 1999 and headquartered in San Mateo, California, Model N serves large, mid-sized, and small manufacturers through direct sales across the United States and internationally, processing over $1 trillion in revenue and $193 billion in chargebacks and rebates in 2024. In June 2024, Vista Equity Partners completed its $1.25 billion acquisition of Model N, taking the company private and delisting its shares from the New York Stock Exchange to enable a longer-term strategic focus on growth and innovation; in January 2025, Bret Connor, formerly COO of athenahealth, assumed the role of Chief Executive Officer to drive customer partnerships, operational excellence, and market leadership expansion in revenue optimization and compliance.

Company News

APIChat
  • 5 Things to Know Before the Stock Market Opens

  • Model N Launches Data nSights: Real-Time Analytics to Drive Action and Optimize Net Revenue

  • Where Will Tesla Stock Be in 5 Years?

  • Model N Celebrates 25 Years of Revenue Optimization and Compliance Leadership and Launches Registration for Rainmaker Industry Event

  • Model N Appoints New Chief Executive Officer, Bret Connor

  • Model N (MODN) Unveils Advanced Solutions for Pharma Industry

  • Model N Introduces Two Cutting-Edge Data Solutions, Syndicated Customer Master and Formulary Compliance

  • Model N Named one of Fortune Media and Great Place to Work ® 2024 Best Workplaces in the Bay Area

  • URGENT SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Upcoming Vote on June 25, 2024, of Model N, Inc. - MODN

  • Why Is Model N (MODN) Up 0.3% Since Last Earnings Report?

  • SHAREHOLDER UPDATE: Halper Sadeh LLC Continues to Investigate MODN, CALT

  • URGENT SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Upcoming Vote on June 25, 2024, of Model N, Inc. - MODN

  • Tesla Seat-Belt Scare Over? NHTSA Closes Year-Long Model X Probe After Recall Of Nearly 16K EVs

  • Elon Musk Wants Giga Texas Roof To Spell Out 'TESLA' Amid Solar Panels, Bright Enough To Be Seen At Night From Airliners Flying Into Austin

  • MODEL N INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Model N, Inc. - MODN

  • Model N (MODN) Q2 Earnings Miss Despite Top-Line Growth

  • Model N Introduces New Rebate Enhancement, as Pharma Companies Prepare for Impact from the Inflation Reduction Act

  • Here's What Key Metrics Tell Us About Model N (MODN) Q2 Earnings

  • Model N (MODN) Q2 Earnings Miss Estimates

  • Model N Announces Second Quarter Fiscal Year 2024 Financial Results