PowerSchool Holdings, Inc.

PWSC

PWSCPowerSchool Holdings, Inc. US flag

New York Stock Exchange

22.81

USD

-0.04

- -

3.80BMarket Cap

Income Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	365	435	559	631	698
+ Sales & Services Revenue	365	435	559	631	698
- Cost of Revenue	170	192	241	272	284
+ Cost of Goods & Services	170	192	241	272	284
Gross Profit	195	243	318	358	414
+ Other Operating Income	- -	- -	- -	- -	- -
- Operating Expenses	200	218	305	350	385
+ Selling, General & Admin	87	93	149	178	215
+ Research & Development	61	71	93	107	106
+ Other Operating Expense	52	55	63	64	64
Operating Income (Loss)	-5	25	13	9	29
- Non-Operating (Income) Loss	88	72	78	49	68
+ Interest Expense, Net	85	69	59	40	67
+ Interest Expense	85	69	59	40	67
- Interest Income	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	3	3	20	9	1
Pretax Income	-93	-47	-65	-41	-40
- Income Tax Expense (Benefit)	-3	- -	-22	-13	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-91	-47	-43	-28	-39
- Net Extraordinary Losses (Gains)	- -	- -	-19	-14	-16
+ Discontinued Operations	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	-19	-14	-16
Income (Loss) Incl. MI	-91	-47	-24	-14	-23
- Minority Interest	- -	- -	9	7	8
Net Income, GAAP	-91	-47	-34	-21	-31
- Preferred Dividends	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-91	-47	-34	-21	-31
EBIT	-5	25	13	9	29
EBITDA	79	121	126	137	163
EBITDA Margin (%)	21.58	27.75	22.64	21.69	23.34
EBITA	-5	25	13	9	29
Gross Margin (%)	53.43	55.9	56.88	56.82	59.31
Operating Margin (%)	-1.48	5.74	2.33	1.35	4.1
Profit Margin (%)	-24.86	-10.73	-6.05	-3.3	-4.46
Sales per Employee	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -
Depreciation Expense	84	96	113	128	134
Basic Weighted Avg Shares	153	153	158	159	163
Basic EPS, GAAP	-0.59	-0.3	-0.21	-0.13	-0.19
Basic EPS from Cont Ops	-0.59	-0.3	-0.27	-0.17	-0.24
Diluted Weighted Avg Shares	153	153	158	199	163
Diluted EPS, GAAP	-0.59	-0.3	-0.21	-0.1	-0.19
Diluted EPS from Cont Ops	-0.59	-0.3	-0.27	-0.14	-0.24

Balance Sheet (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	113	124	173	229	156
+ Cash, Cash Equivalents & STI	39	53	86	137	39
+ Cash & Cash Equivalents	39	53	86	137	39
+ ST Investments	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	55	48	48	54	77
+ Accounts Receivable, Net	55	48	48	54	77
+ Notes Receivable, Net	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -
+ Other ST Assets	19	23	38	37	40
+ Misc ST Assets	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -
Total Noncurrent Assets	3,057	3,077	3,383	3,355	3,621
+ Property, Plant & Equip, Net	22	17	16	15	21
+ Property, Plant & Equip	33	32	33	29	36
- Accumulated Depreciation	11	14	18	14	15
+ LT Investments & Receivables	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -
+ Other LT Assets	3,035	3,060	3,368	3,340	3,600
+ Total Intangible Assets	3,017	3,036	3,340	3,310	3,563
+ Goodwill	2,162	2,213	2,455	2,487	2,741
+ Other Intangible Assets	855	822	886	823	823
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ Misc LT Assets	18	24	27	30	36
Total Assets	3,170	3,201	3,557	3,583	3,777
+ Payables & Accruals	43	35	45	51	87
+ Accounts Payable	12	11	12	6	14
+ Accrued Taxes	7	4	2	4	23
+ Interest & Dividends Payable	- -	- -	- -	- -	- -
+ Other Payables & Accruals	24	21	31	41	50
+ ST Debt	8	48	8	13	13
+ ST Borrowings	8	48	8	8	8
+ ST Finance Leases	- -	- -	- -	5	5
+ Other ST Liabilities	215	259	333	350	417
+ Deferred Revenue	194	230	294	311	374
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Misc ST Liabilities	21	29	38	39	43
Total Current Liabilities	266	343	386	414	517
+ LT Debt	1,164	1,160	733	737	825
+ LT Borrowings	1,164	1,160	733	729	811
+ LT Finance Leases	- -	- -	- -	8	13
+ Other LT Liabilities	21	20	715	699	680
+ Accrued Liabilities	15	12	303	287	281
+ Pension Liabilities	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Misc LT Liabilities	6	8	412	412	399
Total Noncurrent Liabilities	1,184	1,180	1,448	1,436	1,505
Total Liabilities	1,450	1,523	1,834	1,849	2,022
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Share Capital & APIC	1,851	- -	1,400	1,438	1,520
+ Common Stock	1,851	- -	- -	- -	- -
+ Additional Paid in Capital	- -	- -	1,400	1,438	1,520
- Treasury Stock	- -	- -	- -	- -	- -
+ Retained Earnings	-132	-178	-165	-187	-218
+ Other Equity	- -	- -	- -	-2	-2
Equity Before Minority Interest	1,720	1,678	1,235	1,249	1,300
+ Minority/Non Controlling Interest	- -	- -	488	485	455
Total Equity	1,720	1,678	1,723	1,734	1,755
Total Liabilities & Equity	3,170	3,201	3,557	3,583	3,777
Shares Outstanding	153	153	158	160	165
Number of Employees	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	13	18
Net Debt	1,133	1,156	655	599	781
Net Debt to Equity	65.89	68.9	38	34.54	44.47
Tangible Common Equity Ratio	-849.07	-823.04	-747.1	-576.51	-847.18
Current Ratio	0.42	0.36	0.45	0.55	0.3
Cash Conversion Cycle	- -	21.25	13.61	17.44	21.71

Cash Flow Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	-91	-47	-43	-28	-39
+ Depreciation & Amortization	84	96	113	128	134
+ Non-Cash Items	12	12	48	59	69
+ Stock-Based Compensation	6	6	25	50	61
+ Deferred Income Taxes	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	6	6	23	9	8
+ Chg in Non-Cash Work Cap	49	29	24	-10	6
+ (Inc) Dec in Accts Receiv	25	12	7	-6	-12
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-3	-2	-1	2	-2
+ Inc (Dec) in Accts Payable	19	-3	410	12	2
+ Inc (Dec) in Other	8	23	-392	-18	19
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Operating Activities	54	89	143	149	171
+ Change in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	5	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	5	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-35	-32	-4	-4	-2
+ Acq of Fixed Prod Assets	-4	-3	-4	-4	-2
+ Acq of Intangible Assets	-30	-29	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	-1	766	- -	- -
+ Increase in Capital Stock	- -	- -	766	- -	- -
+ Decrease in Capital Stock	- -	-1	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-170	-76	-334	-33	-304
+ Cash from Divestitures	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-170	-76	-334	-33	-304
+ Cash for JVs	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	-36	-41	-39
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Investing Activities	-201	-107	-374	-78	-344
+ Dividends Paid	- -	- -	- -	- -	- -
+ Net Cash From Debt	60	32	-486	-8	93
+ Cash From Debt	118	101	370	70	139
+ Repayments of Debt	-58	-69	-857	-78	-46
+ Other Financing Activities	93	- -	-15	-11	-17
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Financing Activities	153	31	265	-19	76
Effect of Foreign Exchange Rates	1	1	-1	-1	- -
Net Changes in Cash	7	13	34	52	-98
EBITDA	79	121	126	137	163
EBITDA Margin (%)	21.58	27.75	22.64	21.69	23.34
Free Cash Flow	19	58	139	145	168
Net Cash Paid for Acquisitions	170	76	334	33	304
Free Cash Flow to Firm	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	118	-347	138	262
Free Cash Flow per Basic Share	0.13	0.38	0.88	0.92	1.03
Price/Free Cash Flow	- -	- -	17.64	30.02	22.19
Cash Flow to Net Income	-0.6	-1.92	-4.24	-7.17	-5.48
Capital Expenditures	-35	-32	-4	-4	-2