See more : Primo Nutraceuticals Inc. (BUGVF) Income Statement Analysis – Financial Results
Complete financial analysis of Benefitfocus, Inc. (BNFT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Benefitfocus, Inc., a leading company in the Software – Application industry within the Technology sector.
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Benefitfocus, Inc. (BNFT)
About Benefitfocus, Inc.
Benefitfocus, Inc. provides cloud-based benefits management technology solutions for employers and health plans in the United States. Its products for employers comprise Benefitplace, a cloud-based benefits management portal that streamlines online enrollment, employee communication, and benefit administration; Health Insights, a data analytics solution; ACA Management and Reporting, a solution for employers to manage ACA compliance; Billing & Payments, an application that synchronizes enrollment and billing information to streamline the monthly billing process, automate adjustments, and enhance accuracy of payments; and COBRA Administration, a solution that simplifies management of Consolidated Omnibus Budget Reconciliation Act, benefits. The company's products for health plans include Enrollment that provides platform for carriers to automate enrollment across all segments of their commercial group business; Billing & Payments, an electronic invoice presentment and payment solution; Exchange, a solution that bridges the integration gap between health plan and employer systems; and Quoting that gives health plans and brokers tools to organize and proactively manage accounts, track leads, generate quotes, and create proposals for multiple products. Its products for brokers consist of Health Insights that support strategic decisions for their clients with on-demand health plan analytics; Benefit Catalog, which allows brokers to offer products to their clients; and benefit catalog consultative support for brokers through benefit advisors. The company also provides implementation services to its customers in order to help ensure seamless deployment and effective utilization of its solutions; and employers with expanded support services. The company was incorporated in 2000 and is headquartered in Charleston, South Carolina.
| Metric | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 263.10M | 268.14M | 295.69M | 258.72M | 256.74M | 233.34M | 185.14M | 137.42M | 104.75M | 81.74M | 68.78M | 67.12M |
| Cost of Revenue | 122.71M | 129.39M | 144.09M | 129.28M | 124.16M | 120.68M | 102.85M | 87.47M | 62.41M | 45.18M | 42.13M | 38.87M |
| Gross Profit | 140.38M | 138.75M | 151.60M | 129.44M | 132.58M | 112.65M | 82.29M | 49.95M | 42.34M | 36.56M | 26.65M | 28.25M |
| Gross Profit Ratio | 53.36% | 51.75% | 51.27% | 50.03% | 51.64% | 48.28% | 44.45% | 36.35% | 40.42% | 44.73% | 38.75% | 42.09% |
| Research & Development | 44.70M | 46.18M | 54.72M | 47.90M | 49.55M | 56.58M | 52.25M | 41.73M | 23.53M | 15.04M | 9.12M | 8.65M |
| General & Administrative | 50.89M | 37.72M | 45.33M | 43.06M | 27.27M | 32.75M | 25.73M | 18.66M | 10.97M | 7.58M | 5.82M | 6.04M |
| Selling & Marketing | 46.39M | 52.21M | 76.05M | 78.18M | 69.28M | 55.49M | 58.59M | 48.47M | 36.07M | 28.27M | 22.55M | 14.17M |
| SG&A | 97.27M | 89.93M | 121.38M | 121.24M | 96.55M | 88.24M | 84.32M | 67.12M | 47.05M | 35.85M | 28.37M | 20.21M |
| Other Expenses | 4.13M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 146.09M | 136.11M | 176.10M | 169.14M | 146.10M | 144.82M | 136.57M | 108.85M | 70.58M | 50.88M | 37.49M | 28.86M |
| Cost & Expenses | 268.81M | 265.49M | 320.19M | 298.42M | 270.25M | 265.50M | 239.42M | 196.32M | 132.99M | 96.06M | 79.63M | 67.73M |
| Interest Income | 196.00K | 632.00K | 2.61M | 250.00K | 182.00K | 138.00K | 188.00K | 77.00K | 46.00K | 53.00K | 151.00K | 364.00K |
| Interest Expense | -20.75M | 23.07M | 23.52M | 13.16M | 12.38M | 7.92M | 7.97M | 4.31M | 2.15M | 203.00K | 1.97M | 1.97M |
| Depreciation & Amortization | 25.58M | 25.01M | 22.35M | 15.82M | 15.91M | 13.07M | 11.66M | 9.49M | 8.17M | 8.29M | 7.31M | 6.61M |
| EBITDA | -5.71M | 23.81M | 387.00K | -23.63M | 2.43M | -19.05M | -42.43M | -49.36M | -20.07M | -6.16M | -5.75M | 6.11M |
| EBITDA Ratio | -11.52% | 8.88% | 0.13% | -9.13% | 0.95% | -8.16% | -22.92% | -35.92% | -19.16% | -7.53% | -8.36% | 9.11% |
| Operating Income | -55.88M | -2.97M | -24.51M | -39.70M | -13.52M | -32.17M | -54.27M | -58.90M | -28.19M | -14.44M | -13.02M | -610.00K |
| Operating Income Ratio | -21.24% | -1.11% | -8.29% | -15.34% | -5.27% | -13.79% | -29.31% | -42.86% | -26.91% | -17.67% | -18.92% | -0.91% |
| Total Other Income/Expenses | -29.42M | -21.31M | -20.98M | -12.90M | -12.34M | -7.87M | -7.79M | -4.25M | -2.20M | -214.00K | -2.01M | -1.86M |
| Income Before Tax | -35.13M | -24.28M | -45.49M | -52.60M | -25.86M | -40.04M | -62.06M | -63.15M | -30.39M | -14.65M | -15.03M | -2.47M |
| Income Before Tax Ratio | -13.35% | -9.05% | -15.38% | -20.33% | -10.07% | -17.16% | -33.52% | -45.96% | -29.01% | -17.93% | -21.85% | -3.67% |
| Income Tax Expense | -2.96M | 22.00K | 27.00K | 28.00K | 15.00K | 17.00K | 25.00K | 25.00K | -31.00K | 84.00K | 35.00K | 10.00K |
| Net Income | -32.17M | -24.30M | -45.52M | -52.63M | -25.87M | -40.06M | -62.08M | -63.18M | -30.36M | -14.74M | -15.06M | -2.48M |
| Net Income Ratio | -12.23% | -9.06% | -15.39% | -20.34% | -10.08% | -17.17% | -33.53% | -45.98% | -28.98% | -18.03% | -21.90% | -3.69% |
| EPS | -0.97 | -0.75 | -1.40 | -1.66 | -0.83 | -1.35 | -2.19 | -2.51 | -2.99 | -0.69 | -0.71 | -0.12 |
| EPS Diluted | -0.97 | -0.75 | -1.40 | -1.66 | -0.83 | -1.35 | -2.19 | -2.51 | -2.99 | -0.69 | -0.71 | -0.12 |
| Weighted Avg Shares Out | 33.09M | 32.32M | 32.54M | 31.76M | 31.05M | 29.59M | 28.34M | 25.21M | 10.14M | 21.31M | 21.30M | 21.30M |
| Weighted Avg Shares Out (Dil) | 33.09M | 32.32M | 32.54M | 31.76M | 31.05M | 29.59M | 28.34M | 25.21M | 10.14M | 21.31M | 21.30M | 21.30M |
Benefitfocus Provides Corporate Update and Announces Governance Enhancements
Benefitfocus Expands Its Partnership with Transamerica to Provide Seamless Retirement Plan Enrollment
Third Phase of Benefitfocus' "Open Enrollment Success in the Era of COVID" Offers Guidance on Evaluating OE Effectiveness
Benefitfocus Announces Participation in Credit Suisse 29th Annual Virtual Healthcare Conference
Benefitfocus, Inc. (BNFT) CEO Stephen Swad on Q3 2020 Results - Earnings Call Transcript
Benefitfocus Announces Third Quarter 2020 Financial Results
Phase Two of Benefitfocus' "Open Enrollment Success in the Era of COVID" Focuses on Communications
Benefitfocus Hires Chief Data Officer to Lead Data Strategy
Engineers Gate Manager LP Grows Stake in Benefitfocus Inc (NASDAQ:BNFT)
Head-To-Head Contrast: Square (NYSE:SQ) versus Benefitfocus (NYSE:BNFT)
Source: https://incomestatements.info
Category: Stock Reports