MODN - Model N Inc Stock Price, Fair Value and News

29.81USD+0.03 (+0.10%)Delayed

Market Summary

USD29.81+0.03

Delayed

0.10%

MODN Alerts

Big jump in Earnings (Y/Y)

Losses in recent quarter

MODN Stock Price

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MODN RSI Chart

MODN Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

4.5K

Price/Sales (Trailing)

4.59

EV/EBITDA

101.53

Price/Free Cashflow

19.57

MODN Price/Sales (Trailing)

MODN Profitability

Operating Margin

57.06%

EBT Margin

1.28%

Return on Equity

0.19%

Return on Assets

0.05%

Free Cashflow Yield

5.11%

MODN Fundamentals

MODN Revenue

Revenue (TTM)

256.3M

Rev. Growth (Yr)

Rev. Growth (Qtr)

2.55%

MODN Earnings

Earnings (TTM)

262.0K

Earnings Growth (Yr)

95.84%

Earnings Growth (Qtr)

22.86%

Breaking Down MODN Revenue

Last 7 days

0.1%

Last 30 days

0.0%

Last 90 days

15.7%

Trailing 12 Months

1.8%

How does MODN drawdown profile look like?

MODN Financial Health

Current Ratio

3.86

Debt/Equity

2.05

Debt/Cashflow

0.22

MODN Investor Care

Shares Dilution (1Y)

3.45%

Diluted EPS (TTM)

0.01

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	256.3M	0	0	0
2023	236.1M	243.7M	249.5M	253.8M
2022	207.3M	212.5M	219.2M	226.8M
2021	173.6M	183.4M	193.4M	202.3M
2020	149.7M	156.2M	161.1M	165.4M
2019	146.3M	141.3M	141.2M	144.5M
2018	148.2M	153.5M	154.6M	150.6M
2017	117.7M	124.1M	131.2M	142.2M
2016	99.5M	103.8M	107.0M	110.5M
2015	84.3M	88.7M	93.8M	96.2M
2014	97.2M	89.2M	81.8M	82.3M
2013	92.9M	97.3M	101.9M	101.1M
2012	71.5M	77.9M	84.3M	88.5M
2011	0	0	65.2M	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Model N Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 14, 2024	ederer john	sold	-202,936	25.31	-8,018	chief financial officer
Mar 14, 2024	lyon christopher	sold	-205,212	25.26	-8,124	chief revenue officer
Mar 14, 2024	decarlis kimberly	sold	-12,815	25.63	-500	-
Mar 14, 2024	selig laura	sold	-67,224	25.32	-2,655	chief people officer
Mar 13, 2024	gulati manisha shetty	sold	-23,773	25.21	-943	-
Feb 19, 2024	blessing jason	acquired	19,710	21.9	900	chief executive officer
Feb 19, 2024	selig laura	acquired	6,701	21.9	306	chief people officer
Feb 19, 2024	kannan suresh	acquired	19,710	21.9	900	chief product officer
Feb 16, 2024	fisher melissa b	gifted	-	-	1,087	-
Feb 16, 2024	rayani rehmann	sold	-146,778	26.38	-5,564	chief strategy & mktg officer

Which funds bought or sold MODN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	added	0.56	65,885	1,109,990	-%
May 16, 2024	COMERICA BANK	reduced	-2.11	265,309	7,862,160	0.03%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-6.21	-2,342	275,334	-%
May 15, 2024	272 Capital LP	reduced	-14.48	-175,898	5,841,900	2.33%
May 15, 2024	Lombard Odier Asset Management (Europe) Ltd	unchanged	-	21,560	398,580	0.02%
May 15, 2024	MARSHALL WACE, LLP	sold off	-100	-297,038	-	-%
May 15, 2024	T. Rowe Price Investment Management, Inc.	reduced	-0.17	1,642,000	31,285,000	0.02%
May 15, 2024	Select Equity Group, L.P.	added	28.94	682,202	2,560,680	0.01%
May 15, 2024	Point72 Asset Management, L.P.	new	-	213,525	213,525	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-94.85	-222,181	12,783	-%

Are Funds Buying or Selling MODN?

Are funds buying MODN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MODN

No. of Funds

Unveiling Model N Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 09, 2024	neuberger berman group llc	0%	333	SC 13G/A
Feb 13, 2024	neuberger berman group llc	8.75%	3,415,219	SC 13G/A
Feb 13, 2024	vanguard group inc	6.99%	2,710,820	SC 13G/A
Feb 12, 2024	artisan partners limited partnership	8.1%	3,168,453	SC 13G/A
Feb 09, 2024	clearbridge investments, llc	7.0%	2,718,760	SC 13G/A
Jan 24, 2024	blackrock inc.	10.7%	4,143,830	SC 13G/A
Jan 05, 2024	conestoga capital advisors, llc	10.54%	4,085,794	SC 13G/A
Dec 06, 2023	blackrock inc.	10.1%	3,919,425	SC 13G/A
Feb 14, 2023	schwartz joshua m	1%	61,060	SC 13G/A
Feb 10, 2023	neuberger berman group llc	7.94%	2,996,440	SC 13G/A

Recent SEC filings of Model N Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	144	Notice of Insider Sale Intent
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	144	Notice of Insider Sale Intent
May 17, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Model N Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	277.0B	34.9B	3.35%	33.87%	66.98	7.95	11.18%	1888.46%
UBER	137.2B	38.6B	-8.72%	67.31%	98.72	3.56	14.01%	141.26%
ADSK	47.3B	5.3B	2.96%	8.03%	51.62	8.85	9.15%	48.14%
ANSS	28.6B	2.2B	0.65%	6.79%	65.84	12.85	3.59%	-21.47%
ZM	19.3B	4.5B	8.62%	-7.71%	30.27	4.26	3.06%	514.65%
MID-CAP
APPF	8.7B	671.8M	11.01%	66.39%	113.53	12.92	33.64%	185.98%
LYFT	6.7B	4.7B	-3.99%	99.28%	-36.23	1.43	10.90%	88.31%
ALRM	3.5B	895.2M	7.46%	35.00%	38.7	3.87	5.72%	46.94%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
AI	3.2B	296.4M	28.11%	-1.60%	-11.7	10.73	11.14%	-3.59%
AGYS	2.7B	228.1M	21.43%	43.87%	31.34	11.99	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
AEYE	256.1M	31.6M	76.57%	260.07%	-43.61	8.1	2.76%	43.72%
APPS	253.0M	572.4M	33.33%	-82.31%	-1.28	0.44	-19.38%	-489.49%
ASUR	193.1M	117.7M	5.95%	-44.01%	-19.58	1.64	12.54%	11.24%

Model N Inc News

Latest updates

Model N Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	2.6%	65,111	63,491	63,969	63,736	62,604	59,154	58,170	56,172	53,280	51,542	51,481	51,038	48,192	42,734	41,460	41,256	39,952	38,388	36,603	34,712	34,843
Cost Of Revenue	0.0%	27,873	27,869	27,062	27,265	27,620	26,271	25,611	24,807	24,051	22,651	22,705	23,450	23,377	17,116	16,588	16,073	16,483	16,352	16,953	15,864	16,746
Gross Profit	4.5%	37,238	35,622	36,907	36,471	34,984	32,883	32,559	31,365	29,229	28,891	28,776	27,588	24,815	25,618	24,872	25,183	23,469	22,036	19,650	18,848	18,097
Operating Expenses	4.1%	39,863	38,289	37,282	33,542	38,106	36,432	37,473	33,449	33,172	30,905	31,182	31,473	31,616	26,940	24,509	25,563	27,600	24,494	24,713	20,937	22,846
S&GA Expenses	8.6%	15,157	13,960	13,479	13,332	14,222	12,977	12,846	11,795	12,039	11,039	11,128	11,146	11,509	9,456	9,297	9,716	10,953	9,013	9,080	7,164	8,598
R&D Expenses	-0.7%	12,588	12,680	11,924	11,361	12,403	12,764	12,569	11,797	11,811	11,427	11,795	11,674	12,495	8,697	8,455	8,288	9,102	8,516	8,122	7,060	7,415
EBITDA Margin	153.0%	0.04*	-0.08*	-0.07*	-0.11*	-0.15*	-0.05*	-0.06*	-0.06*	-0.07*	-0.08*	-0.08*	-0.10*	-	-	-	-	-	-	-	-	-
Income Taxes	14.3%	800	700	777	700	902	432	103	600	400	400	-46.50	352	200	239	307	182	339	-11.00	46.00	230	141
Earnings Before Taxes	43.5%	-609	-1,078	1,399	3,558	-32,417	-3,618	-7,982	-5,607	-7,679	-5,892	-6,140	-7,477	-10,437	-4,914	-3,355	-2,198	-4,290	-3,009	-5,594	-2,774	-5,767
EBT Margin	111.3%	0.01*	-0.11*	-0.12*	-0.17*	-0.21*	-0.11*	-0.12*	-0.12*	-0.13*	-0.15*	-0.15*	-0.14*	-	-	-	-	-	-	-	-	-
Net Income	22.9%	-1,387	-1,798	629	2,818	-33,319	-4,050	-8,112	-6,218	-8,039	-6,266	-6,069	-7,829	-10,686	-5,153	-3,657	-2,380	-4,629	-2,998	-5,655	-3,004	-5,908
Net Income Margin	100.8%	0.00*	-0.12*	-0.14*	-0.18*	-0.22*	-0.12*	-0.13*	-0.13*	-0.14*	-0.15*	-0.15*	-0.15*	-	-	-	-	-	-	-	-	-
Free Cashflow	1328.0%	28,645	2,006	-77.00	29,483	12,062	-18,318	7,447	14,268	12,589	-10,010	9,687	6,464	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	4.5%	538	515	500	483	481	387	392	370	364	356	364	357	339	337	320	307	174	174	170	164	154
Current Assets	6.3%	427	402	384	364	358	261	262	236	228	218	222	214	200	194	246	232	96.00	95.00	95.00	89.00	78.00
Cash Equivalents	10.3%	335	303	301	300	271	175	194	185	171	156	166	161	148	144	200	192	61.00	56.00	61.00	59.00	54.00
Net PPE	7.2%	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Goodwill	0%	66.00	66.00	66.00	66.00	66.00	66.00	66.00	66.00	66.00	66.00	66.00	66.00	66.00	26.00	39.00	39.00	39.00	39.00	39.00	39.00	39.00
Liabilities	2.7%	401	391	385	380	389	274	258	237	232	226	240	235	216	212	196	186	112	115	117	112	103
Current Liabilities	10.2%	111	100	93.00	88.00	97.00	91.00	107	88.00	85.00	80.00	96.00	95.00	82.00	80.00	78.00	70.00	68.00	71.00	76.00	67.00	58.00
Long Term Debt	0.2%	281	281	280	280	279	169	169	133	130	127	124	122	119	117	114	112	38.00	39.00	39.00	44.00	44.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00	5.00	5.00	5.00	5.00
LT Debt, Non Current	-100.0%	-	281	280	280	279	169	169	133	130	127	124	122	119	117	114	112	38.00	39.00	39.00	44.00	44.00
Shareholder's Equity	10.2%	137	124	115	104	92.00	113	135	133	132	130	124	121	123	125	125	121	62.00	59.00	53.00	52.00	51.00
Retained Earnings	-0.5%	-300	-298	-296	-297	-300	-266	-284	-276	-270	-262	-255	-249	-241	-231	-226	-222	-220	-215	-212	-206	-203
Additional Paid-In Capital	3.3%	439	425	415	403	395	382	421	412	404	393	381	372	366	357	352	345	284	276	266	260	256
Shares Outstanding	1.0%	39.00	39.00	39.00	38.00	38.00	38.00	37.00	37.00	37.00	36.00	35.00	36.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	1,200	-	-	-	1,000	-	-	-	1,200	-	-	-	749	-	-	-	563

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	1272.2%	28,885	2,105	133	29,614	12,142	-18,292	7,954	14,405	12,613	-9,685	9,900	6,561	3,350	-221	7,184	3,787	8,426	-4,991	5,649	4,336	4,726
Share Based Compensation	10.0%	11,622	10,565	9,403	8,595	10,363	10,404	10,868	9,878	8,322	6,986	8,113	8,940	7,782	5,128	5,268	5,400	6,009	5,823	8,518	3,723	4,896
Cashflow From Investing	-142.4%	-240	-99.00	-210	-131	-80.00	-26.00	-507	-137	-24.00	-325	-213	-1,112	-799	-56,780	-389	-92.00	-69.00	-29.00	-53.00	-60.00	-26.00
Cashflow From Financing	36528.6%	2,550	-7.00	1,914	-679	83,455	-442	2,178	197	1,820	348	-4,591	6,932	2,256	26.00	1,307	127,344	-2,776	18.00	-3,328	180	-2,768

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MODN Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Revenues
Total revenues	$ 65,111	$ 62,604	$ 128,602	$ 121,758
Cost of revenues
Total cost of revenues	27,873	27,620	55,742	53,891
Gross profit	37,238	34,984	72,860	67,867
Operating expenses
Research and development	12,588	12,403	25,268	25,167
Sales and marketing	15,157	14,222	29,117	27,199
General and administrative	12,118	11,481	23,767	22,172
Total operating expenses	39,863	38,106	78,152	74,538
Loss from operations	(2,625)	(3,122)	(5,292)	(6,671)
Interest expense	1,836	1,508	3,670	2,942
Loss on extinguishment of debt	0	29,493	0	29,493
Interest income	(3,842)	(1,789)	(7,382)	(3,089)
Other expenses (income), net	(10)	83	107	18
Loss before income taxes	(609)	(32,417)	(1,687)	(36,035)
Provision for income taxes	778	902	1,498	1,334
Net loss	$ (1,387)	$ (33,319)	$ (3,185)	$ (37,369)
Net loss per share attributable to common stockholders:
Basic (in dollars per share)	$ (0.04)	$ (0.88)	$ (0.08)	$ (0.99)
Diluted (in dollars per share)	$ (0.04)	$ (0.88)	$ (0.08)	$ (0.99)
Weighted average number of shares used in computing net loss per share attributable to common stockholders:
Basic (in shares)	39,225	37,917	39,062	37,719
Diluted (in shares)	39,225	37,917	39,062	37,719
Subscription
Revenues
Total revenues	$ 49,182	$ 44,925	$ 96,837	$ 89,139
Cost of revenues
Total cost of revenues	16,833	16,121	33,544	31,727
Professional services
Revenues
Total revenues	15,929	17,679	31,765	32,619
Cost of revenues
Total cost of revenues	$ 11,040	$ 11,499	$ 22,198	$ 22,164

MODN Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Sep. 30, 2023
Current assets
Cash and cash equivalents	$ 334,559	$ 301,355
Funds held for customers	86	91
Accounts receivable, net of allowance for credit losses of $516 as of March 31, 2024, and $496 as of September 30, 2023	79,260	61,761
Prepaid expenses	4,610	5,922
Other current assets	8,462	14,777
Total current assets	426,977	383,906
Property and equipment, net	1,125	1,242
Operating lease right-of-use assets	7,707	9,885
Goodwill	65,665	65,665
Intangible assets, net	26,795	30,176
Other assets	10,131	9,221
Total assets	538,400	500,095
Current liabilities
Accounts payable	4,483	3,888
Customer funds payable	86	91
Accrued employee compensation	14,257	14,645
Accrued liabilities	5,485	8,700
Operating lease liabilities, current portion	4,151	4,408
Deferred revenue, current portion	82,074	61,745
Total current liabilities	110,536	93,477
Long term debt	281,203	280,358
Operating lease liabilities, less current portion	4,705	6,755
Other long-term liabilities	4,933	4,042
Total liabilities	401,377	384,632
Commitments and contingencies
Stockholders’ equity
Common Stock, $0.00015 par value; 200,000 shares authorized; 39,423 and 38,764 shares issued and outstanding at March 31, 2024, and September 30, 2023, respectively	6	6
Preferred Stock, $0.00015 par value; 5,000 shares authorized; no shares issued and outstanding	0	0
Additional paid-in capital	439,297	414,562
Accumulated other comprehensive loss	(2,235)	(2,245)
Accumulated deficit	(300,045)	(296,860)
Total stockholders’ equity	137,023	115,463
Total liabilities and stockholders’ equity	$ 538,400	$ 500,095

About Model N Inc

Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies. The company offers Global Pricing Management, which minimizes price erosion of products; Global Tender Management that enhances revenue by enabling segmentation and targeting, optimal bid pricing, and post-award tracking; Provider Management, which minimizes rebate overpayments; Payer Management that minimizes revenue leakage and noncompliance of complex contracts; Government Pricing, which optimizes revenue, and reduces the risk of fines and other penalties; and Medicaid that enhances compliance with regulatory requirements and payments of rebate claims on a timely basis and at correct rates for government Medicaid programs, as well as Validata, State Pricing Transparency Management, Advanced Membership Management, and Intelligence Cloud. It also provides Deal Management, which increases deal conversion and pricing consistency; Deal Intelligence that controls price concessions and determines ideal prices; Channel Management, which provides manufacturers a view of inventory, as well as evaluate price protection and stock rotation, and matching available inventory to quotes; Market Development Fund Management that allows companies to streamline their MDF process and reduce revenue leakage; Rebates Management, which centralizes control of rebate programs; and Channel Data Management that automates the process of collection, cleansing, validation, and standardization of channel partner data, such as POS, inventory, and claims, as well as Payment Management. In addition, the company offers implementation, application, business, strategic, and customer support services. It primarily serves large and mid-sized organizations worldwide through its direct sales force. The company was incorporated in 1999 and is headquartered in San Mateo, California.

CEO	Mr. Jason Blessing
WEBSITE	modeln.com
INDUSTRY	Software - Apps
EMPLOYEES	1035

Model N Inc Frequently Asked Questions

What is the ticker symbol for Model N Inc? What does MODN stand for in stocks?

MODN is the stock ticker symbol of Model N Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Model N Inc (MODN)?

As of Fri May 17 2024, market cap of Model N Inc is 1.18 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MODN stock?

You can check MODN's fair value in chart for subscribers.

What is the fair value of MODN stock?

You can check MODN's fair value in chart for subscribers. The fair value of Model N Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Model N Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MODN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Model N Inc a good stock to buy?

The fair value guage provides a quick view whether MODN is over valued or under valued. Whether Model N Inc is cheap or expensive depends on the assumptions which impact Model N Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MODN.

What is Model N Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MODN's PE ratio (Price to Earnings) is 4.49 Thousand and Price to Sales (PS) ratio is 4.59. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MODN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Model N Inc's stock?

In the past 10 years, Model N Inc has provided 0.117 (multiply by 100 for percentage) rate of return.