See more : Rosetti Marino SpA (YRM.MI) Income Statement Analysis – Financial Results
Complete financial analysis of Alight, Inc. (ALIT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Alight, Inc., a leading company in the Software – Application industry within the Technology sector.
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Alight, Inc. (ALIT)
About Alight, Inc.
Alight, Inc. operates as a cloud-based provider of integrated digital human capital and business solutions worldwide. It operates through three segments: Employer Solutions, Professional Services, and Hosted Business. The company's solutions enable employees to enrich their health, wealth, and wellbeing, which helps organizations achieve a high-performance culture. It offers employer solutions comprising integrated benefits administration, healthcare navigation, financial health, employee wellbeing, and payroll; and professional services, including cloud deployment and consulting offerings that provides human capital and financial platforms, as well as cloud advisory and deployment, and optimization services for cloud platforms, such as Workday, SAP SuccessFactors, Oracle, and Cornerstone OnDemand. Alight, Inc. was founded in 2017 and is headquartered in Lincolnshire, Illinois.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.41B | 3.13B | 2.92B | 2.73B | 2.55B | 2.38B | 2.30B | 2.26B |
| Cost of Revenue | 2.27B | 2.14B | 2.22B | 1.89B | 1.67B | 1.53B | 1.50B | 1.52B |
| Gross Profit | 1.14B | 996.00M | 693.00M | 834.00M | 883.00M | 851.00M | 803.00M | 736.00M |
| Gross Profit Ratio | 33.43% | 31.80% | 23.77% | 30.57% | 34.60% | 35.79% | 34.90% | 32.57% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 754.00M | 671.00M | 499.00M | 461.00M | 415.00M | 452.00M | 376.00M | 396.00M |
| Other Expenses | 487.00M | 339.00M | 226.00M | 226.00M | 203.00M | 647.00M | 0.00 | 0.00 |
| Operating Expenses | 1.24B | 1.01B | 499.00M | 687.00M | 618.00M | 647.00M | 614.00M | 532.00M |
| Cost & Expenses | 3.51B | 3.15B | 2.72B | 2.58B | 2.29B | 2.17B | 2.11B | 2.06B |
| Interest Income | 0.00 | 122.00M | 180.00M | 234.00M | 224.00M | 0.00 | 114.00M | 0.00 |
| Interest Expense | 131.00M | 122.00M | 180.00M | 234.00M | 224.00M | 208.00M | 0.00 | 0.00 |
| Depreciation & Amortization | 421.00M | 395.00M | 354.00M | 321.00M | 253.00M | 229.00M | 192.00M | 190.00M |
| EBITDA | 186.00M | 381.00M | 481.00M | 1.97B | 568.00M | 433.00M | 461.00M | 393.00M |
| EBITDA Ratio | 5.45% | 13.98% | 18.80% | 15.80% | 20.18% | 18.21% | 20.03% | 17.39% |
| Operating Income | -101.00M | 43.00M | 194.00M | 147.00M | 265.00M | 204.00M | 269.00M | 203.00M |
| Operating Income Ratio | -2.96% | 1.37% | 6.66% | 5.39% | 10.38% | 8.58% | 11.69% | 8.98% |
| Total Other Income/Expenses | -265.00M | -27.00M | -247.00M | -241.00M | -227.00M | -208.00M | -115.00M | 1.00M |
| Income Before Tax | -366.00M | -41.00M | -53.00M | -94.00M | 38.00M | -4.00M | 75.00M | 204.00M |
| Income Before Tax Ratio | -10.73% | -1.31% | -1.82% | -3.45% | 1.49% | -0.17% | 3.26% | 9.03% |
| Income Tax Expense | -4.00M | 31.00M | 20.00M | 9.00M | 16.00M | 17.00M | 34.00M | 78.00M |
| Net Income | -345.00M | -72.00M | -60.00M | -103.00M | 22.00M | -21.00M | 24.00M | 126.00M |
| Net Income Ratio | -10.12% | -2.30% | -2.06% | -3.78% | 0.86% | -0.88% | 1.04% | 5.58% |
| EPS | -0.70 | -0.16 | -0.13 | -0.80 | 0.05 | -0.05 | 192.86 | 0.00 |
| EPS Diluted | -0.70 | -0.16 | -0.13 | -0.80 | 0.05 | -0.05 | 192.91 | 0.00 |
| Weighted Avg Shares Out | 489.46M | 458.56M | 464.10M | 129.38M | 446.79M | 446.79M | 124.44K | 0.00 |
| Weighted Avg Shares Out (Dil) | 489.46M | 458.56M | 464.10M | 129.38M | 446.79M | 446.79M | 124.41K | 0.00 |
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Alight, Inc. (ALIT) Q2 2024 Earnings Call Transcript
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Alight, Inc. (ALIT) Lags Q2 Earnings and Revenue Estimates
Alight, Inc. (ALIT) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.14 per share a year ago.
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