ServiceTitan, Inc.

TTAN

TTANServiceTitan, Inc. US flag

NASDAQ Global Select

74.58

USD

+1.95

- -

7.10BMarket Cap

Income Statement (USD)

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	2023 Y	2024 Y	2025 Y	2026 Y
Sales/Revenue/Turnover	468	614	772	961
+ Sales & Services Revenue	468	614	772	961
- Cost of Revenue	202	238	271	287
+ Cost of Goods & Services	202	238	271	287
Gross Profit	266	377	501	674
+ Other Operating Income	- -	- -	- -	- -
- Operating Expenses	488	554	706	837
+ Selling, General & Admin	306	328	420	512
+ Research & Development	159	204	263	303
+ Other Operating Expense	23	22	22	22
Operating Income (Loss)	-222	-177	-205	-163
- Non-Operating (Income) Loss	61	14	32	-6
+ Interest Expense, Net	53	9	7	-12
+ Interest Expense	55	16	16	7
- Interest Income	2	7	9	19
+ Other Non-Op (Income) Loss	8	5	25	6
Pretax Income	-283	-191	-237	-157
- Income Tax Expense (Benefit)	-13	4	2	3
- (Income) Loss from Affiliates	- -	- -	- -	- -
Income (Loss) from Cont Ops	-270	-195	-239	-160
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -
Income (Loss) Incl. MI	-270	-195	-239	-160
- Minority Interest	- -	- -	- -	- -
Net Income, GAAP	-270	-195	-239	-160
- Preferred Dividends	13	46	- -	- -
- Other Adjustments	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-283	-241	-239	-160
EBIT	-222	-177	-205	-163
EBITDA	-164	-96	-125	-80
EBITDA Margin (%)	-35.11	-15.62	-16.13	-8.29
EBITA	-222	-177	-205	-163
Gross Margin (%)	56.88	61.31	64.9	70.11
Operating Margin (%)	-47.43	-28.8	-26.53	-16.95
Profit Margin (%)	-57.62	-31.76	-30.98	-16.63
Sales per Employee	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -
Depreciation Expense	58	81	80	83
Basic Weighted Avg Shares	82	82	42	92
Basic EPS, GAAP	-3.44	-2.93	-5.67	-1.73
Basic EPS from Cont Ops	-3.27	-2.37	-5.67	-1.73
Diluted Weighted Avg Shares	82	82	42	92
Diluted EPS, GAAP	-3.44	-2.93	-5.67	-1.73
Diluted EPS from Cont Ops	-3.27	-2.37	-5.67	-1.73

Balance Sheet (USD)

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	2023 Y	2024 Y	2025 Y	2026 Y
Total Current Assets	281	249	573	591
+ Cash, Cash Equivalents & STI	202	147	442	429
+ Cash & Cash Equivalents	202	147	442	429
+ ST Investments	- -	- -	- -	- -
+ Accounts & Notes Receiv	50	67	90	114
+ Accounts Receivable, Net	23	28	44	56
+ Notes Receivable, Net	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -
+ Other Receivable, Net	27	39	46	58
+ Inventories	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -
+ Other ST Assets	28	35	41	48
+ Misc ST Assets	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -
Total Noncurrent Assets	1,319	1,268	1,196	1,154
+ Property, Plant & Equip, Net	143	140	81	58
+ Property, Plant & Equip	160	167	123	109
- Accumulated Depreciation	17	26	43	52
+ LT Investments & Receivables	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -
+ Other LT Assets	1,176	1,128	1,115	1,097
+ Total Intangible Assets	1,156	1,112	1,097	1,076
+ Goodwill	831	831	846	860
+ Other Intangible Assets	325	281	251	216
+ LT Deferred Tax Assets	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -
+ Misc LT Assets	20	16	19	20
Total Assets	1,600	1,518	1,769	1,745
+ Payables & Accruals	73	64	57	70
+ Accounts Payable	8	6	6	10
+ Accrued Taxes	20	20	17	15
+ Interest & Dividends Payable	- -	- -	- -	- -
+ Other Payables & Accruals	44	39	34	45
+ ST Debt	10	13	14	14
+ ST Borrowings	1	2	1	- -
+ ST Finance Leases	8	11	13	14
+ Other ST Liabilities	54	48	82	85
+ Deferred Revenue	11	11	17	19
+ Derivatives & Hedging	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Misc ST Liabilities	43	37	65	67
Total Current Liabilities	136	125	153	169
+ LT Debt	243	233	151	37
+ LT Borrowings	176	175	104	- -
+ LT Finance Leases	67	59	47	37
+ Other LT Liabilities	6	8	10	13
+ Accrued Liabilities	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -
+ Misc LT Liabilities	6	8	10	13
Total Noncurrent Liabilities	249	241	161	50
Total Liabilities	386	366	314	220
+ Preferred Equity and Hybrid Capital	1,550	1,629	- -	- -
+ Share Capital & APIC	336	389	2,560	2,791
+ Common Stock	- -	- -	- -	- -
+ Additional Paid in Capital	336	389	2,560	2,791
- Treasury Stock	- -	- -	- -	- -
+ Retained Earnings	-671	-867	-1,106	-1,266
+ Other Equity	- -	- -	- -	- -
Equity Before Minority Interest	1,215	1,152	1,455	1,525
+ Minority/Non Controlling Interest	- -	- -	- -	- -
Total Equity	1,215	1,152	1,455	1,525
Total Liabilities & Equity	1,600	1,518	1,769	1,745
Shares Outstanding	88	88	90	95
Number of Employees	- -	- -	- -	- -
Capital Leases - Total	76	70	60	51
Net Debt	-25	30	-337	-429
Net Debt to Equity	-2.05	2.58	-23.15	-28.11
Tangible Common Equity Ratio	-335.78	-391.33	53.27	67.13
Current Ratio	2.06	1.99	3.74	3.49
Cash Conversion Cycle	- -	4.28	9.16	8.86

Cash Flow Statement (USD)

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	2023 Y	2024 Y	2025 Y	2026 Y
+ Net Income	-270	-195	-239	-160
+ Depreciation & Amortization	58	81	80	83
+ Non-Cash Items	84	127	226	242
+ Stock-Based Compensation	64	102	164	197
+ Deferred Income Taxes	-15	2	1	2
+ Asset Impairment Charge	- -	5	39	11
+ Other Non-Cash Adj	34	17	22	32
+ Chg in Non-Cash Work Cap	7	-53	-30	-55
+ (Inc) Dec in Accts Receiv	-15	-20	-24	-33
+ (Inc) Dec in Inventories	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-1	-3	-3	-2
+ Inc (Dec) in Accts Payable	25	-4	14	15
+ Inc (Dec) in Other	-2	-26	-17	-35
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Operating Activities	-121	-40	37	110
+ Change in Fixed & Intang	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -
+ Acq of Fixed & Intang	-76	-29	-4	-5
+ Acq of Fixed Prod Assets	-76	-29	-4	-5
+ Acq of Intangible Assets	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-3	-17	664	- -
+ Increase in Capital Stock	- -	- -	683	- -
+ Decrease in Capital Stock	-3	-17	-19	- -
+ Net Change in LT Investment	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -
+ Net Cash From Acq & Div	-590	- -	-1	-20
+ Cash from Divestitures	- -	- -	- -	- -
+ Cash for Acq of Subs	-590	- -	-1	-20
+ Cash for JVs	- -	- -	- -	- -
+ Other Investing Activities	-15	-11	-18	-20
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Investing Activities	-681	-40	-23	-45
+ Dividends Paid	- -	- -	- -	- -
+ Net Cash From Debt	180	-1	-72	-107
+ Cash From Debt	905	- -	- -	- -
+ Repayments of Debt	-725	-1	-72	-107
+ Other Financing Activities	712	42	-313	28
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Financing Activities	889	24	280	-79
Effect of Foreign Exchange Rates	- -	- -	- -	- -
Net Changes in Cash	87	-56	294	-13
EBITDA	-164	-96	-125	-80
EBITDA Margin (%)	-35.11	-15.62	-16.13	-8.29
Free Cash Flow	-197	-69	33	105
Net Cash Paid for Acquisitions	590	- -	1	20
Free Cash Flow to Firm	- -	- -	- -	- -
Free Cash Flow to Equity	- -	-36	-1,668	-2
Free Cash Flow per Basic Share	-2.39	-0.83	0.79	1.14
Price/Free Cash Flow	- -	- -	106.03	62.76
Cash Flow to Net Income	0.45	0.2	-0.15	-0.69
Capital Expenditures	-76	-29	-4	-5