Cvent Holding Corp. (CVT) Income Statement Analysis

See more : Dhruva Capital Services Ltd. (DHRUVCA.BO) Income Statement Analysis – Financial Results

Complete financial analysis of Cvent Holding Corp. (CVT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Cvent Holding Corp., a leading company in the Software – Application industry within the Technology sector.

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Cvent Holding Corp. (CVT)

Industry: Software - Application

Sector: Technology

Website: https://www.cvent.com

About Cvent Holding Corp.

Cvent Holding Corp. provides a cloud-based enterprise event marketing, management, and hospitality platform for meetings and events value ecosystem in North America and internationally. The company's Event Cloud solutions consists of event marketing and management services that enables marketers and planners to maximize engagement and ROI from their virtual in-person or hybrid events. Its Hospitality Cloud solutions provides hotels, venues, and destinations with online marketing solutions for marketing their events business to planners; and software solutions that automate the events sales cycle and enhancing collaboration with planners to design and manage events. In addition, company provides hospitality cloud online marketing solutions, which enables suppliers to advertise and market on venue sourcing networks, including CSN, Cvent SpeedRFP, and Cvent Wedding Spot; hospitality cloud software solutions, such as hotels, destinations, and venues software solutions to automate and enhance how they sell and execute events; and network effect. The company sells its platform primarily through a direct inside sales team. Cvent Holding Corp. was founded in 1999 and is headquartered in Tysons, Virginia.

Metric	2022	2021	2020	2019	2018
Revenue	630.56M	518.81M	498.70M	567.60M	480.02M
Cost of Revenue	247.85M	191.45M	176.25M	211.86M	165.18M
Gross Profit	382.70M	327.36M	322.45M	355.75M	314.83M
Gross Profit Ratio	60.69%	63.10%	64.66%	62.68%	65.59%
Research & Development	130.62M	96.63M	87.87M	96.01M	78.45M
General & Administrative	102.54M	88.21M	80.56M	92.02M	76.16M
Selling & Marketing	176.96M	135.62M	128.39M	155.80M	126.53M
SG&A	279.50M	223.82M	208.95M	247.82M	202.69M
Other Expenses	48.64M	51.48M	53.84M	57.69M	60.49M
Operating Expenses	458.76M	371.93M	350.66M	401.52M	341.63M
Cost & Expenses	706.61M	563.38M	526.91M	613.37M	506.81M
Interest Income	0.00	0.00	0.00	0.00	0.00
Interest Expense	9.87M	29.07M	35.56M	47.88M	45.96M
Depreciation & Amortization	130.11M	132.71M	138.10M	129.12M	108.57M
EBITDA	54.30M	89.91M	107.43M	79.22M	80.39M
EBITDA Ratio	8.61%	17.33%	21.54%	13.96%	16.75%
Operating Income	-75.81M	-42.80M	-30.68M	-49.90M	-26.79M
Operating Income Ratio	-12.02%	-8.25%	-6.15%	-8.79%	-5.58%
Total Other Income/Expenses	-12.84M	-34.47M	-47.66M	-52.01M	-47.35M
Income Before Tax	-88.90M	-79.04M	-75.87M	-97.77M	-74.15M
Income Before Tax Ratio	-14.10%	-15.23%	-15.21%	-17.23%	-15.45%
Income Tax Expense	11.37M	7.04M	7.87M	-6.01M	-20.11M
Net Income	-100.27M	-86.08M	-83.73M	-91.76M	-54.04M
Net Income Ratio	-15.90%	-16.59%	-16.79%	-16.17%	-11.26%
EPS	-0.21	-0.20	-0.17	-0.19	-0.11
EPS Diluted	-0.21	-0.20	-0.17	-0.19	-0.11
Weighted Avg Shares Out	483.05M	420.69M	481.12M	481.12M	481.12M
Weighted Avg Shares Out (Dil)	483.05M	420.69M	481.12M	481.12M	481.12M

Cvent and Zoom Team Up to Deliver World-Class Hybrid Events

November 9, 2022businesswire.com

SAN JOSE, Calif.

Cvent Holding Corp. (CVT) Q3 2022 Earnings Call Transcript

November 6, 2022seekingalpha.com

Cvent Holding Corp. (NASDAQ:CVT ) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants April Scee – Investor Relations Reggie Aggarwal – Founder and Chief Executive Officer Billy Newman – Chief Financial Officer Conference Call Participants...

Cvent: Tackling The Change In The Industry Landscape

November 5, 2022seekingalpha.com

COVID has changed the event industry landscape, which CVT's solution is well-positioned for. CVT offers an easy-to-use one platform approach to manage events, and it automates key processes.

Cvent Announces Third Quarter 2022 Financial Results

November 3, 2022businesswire.com

TYSONS, Va.--(BUSINESS WIRE)--Cvent Holding Corp. (“Cvent”) (Nasdaq: CVT), a market-leading meetings, events and hospitality technology provider, today announced financial results for the third quarter ended September 30, 2022. “Momentum in the meetings and events industry continued in the third quarter...

Cvent Announces Third Quarter 2022 Financial Results

November 3, 2022businesswire.com

TYSONS, Va.

American Express and Cvent Team Up to Make Virtual Payments More Seamless

October 19, 2022businesswire.com

NEW YORK--(BUSINESS WIRE)--American Express® (NYSE: AXP) and Cvent® (Nasdaq: CVT), a market-leading meetings, events, and hospitality technology provider, today introduced enhanced features to the Cvent Event Marketing & Management platform that further expand virtual payment capabilities, leveraging American Express' integrated...

American Express and Cvent Team Up to Make Virtual Payments More Seamless

October 19, 2022businesswire.com

Continuously Variable Transmission for Two-Wheelers Market Is Anticipated To Register Around 5.6% CAGR

October 14, 2022headlinesoftoday.com

The continuously variable transmission (CVT) for two-wheelers market is expected to grow at a CAGR of 5.6%. NEW YORK CITY, NEW YORK, UNITED STATES, October 14, 2022 /EINPresswire.com/ — About the Continuously Variable Transmission for Two-Wheelers Market Report (2022-2032) and...

Cvent To Announce Third Quarter 2022 Financial Results on November 3, 2022

October 13, 2022businesswire.com

TYSONS, Va.--(BUSINESS WIRE)--Cvent (Nasdaq: CVT), a market-leading meetings, events, and hospitality technology provider, today announced that it will release its third quarter 2022 financial results on Thursday, November 3, 2022, after market close. On that day, management will hold a...