Astea International Inc reports 10.2 pp EBITDA Margin decline from 10.2% to in 2018 in 2018
04/01/2019 • About Astea International Inc (
$ATEA) • By InTwits
Astea International Inc reported FY2018 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Astea International Inc's Revenue increased on 4.3%. Revenue growth showed slowdown in FY18Q4 - it was -11.1% YoY.
Net Income margin increased slightly on 0.95 pp from 0.38% to 1.3% in FY2018.
Financial and operational results
FY ended 11/30/-0001
Astea International Inc ($ATEA) key annual financial indicators| mln. $ | 2014 | 2015 | 2016 | 2017 | 2018 | 2018/2017 |
|---|
P&L
|
|---|
| Revenue | 20.734 | 22.957 | 25.798 | 26.334 | 27.468 | 4.3% |
| Gross Profit | 5.523 | 5.845 | 8.859 | 7.895 | | |
| SG&A | 7.435 | 7.443 | 7.200 | 6.569 | | |
| EBITDA | 0.574 | -0.594 | 2.963 | 2.676 | | |
| Net Income | -3.447 | -4.366 | 0.410 | 0.099 | 0.364 | 267.7% |
Balance Sheet
|
|---|
| Cash | 1.349 | 1.663 | 0.661 | 1.924 | | |
| Short Term Debt | 0.150 | 0.000 | 0.000 | 0.225 | | |
| Long Term Debt | 1.004 | 1.374 | 1.927 | 2.305 | | |
Cash flow
|
|---|
| Capex | 0.083 | 0.102 | 0.061 | 0.047 | | |
Ratios
|
|---|
| Revenue growth | 2.0% | 10.7% | 12.4% | 2.1% | 4.3% | |
| EBITDA growth | -232.0% | -203.5% | -598.8% | -9.7% | | |
|
|---|
| Gross Margin | 26.6% | 25.5% | 34.3% | 30.0% | | |
| EBITDA Margin | 2.8% | -2.6% | 11.5% | 10.2% | |
| SG&A, % of revenue | 35.9% | 32.4% | 27.9% | 24.9% | | |
| Net Income Margin | -16.6% | -19.0% | 1.6% | 0.4% | 1.3% | 0.9% |
| CAPEX, % of revenue | 0.4% | 0.4% | 0.2% | 0.2% | | |
|
|---|
| ROIC | -113.2% | | | | | |
| ROE | -379.8% | | | | | |
| Net Debt/EBITDA | -0.3x | | 0.4x | 0.2x | |
Astea International Inc ($ATEA) key quoterly financial indicators
| mln. $ | FY18Q1 | FY18Q2 | FY18Q3 | FY18Q4 | | YoY change |
|---|
P&L
|
|---|
| Revenue | 7 | 7 | 7 | 7 | | 11.6% | 11.3% | 9.9% | -11.1% |
| Net Income | 0 | 0 | -0 | 0 | | | | -137.6% | -84.9% |
Balance Sheet
|
|---|
Ratios
|
|---|
| Net Income Margin | 0.1% | 4.6% | -1.0% | 1.8% | | 11.4% | 8.4% | -3.9% | -8.6% |
Peers in Application Software
Below you can find Astea International Inc benchmarking vs. other companies in Application Software industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 |
|---|
| nFusz Inc ($FUSZ) | | | | | 433.3% |
| CloudCommerce Inc ($CLWD) | | -38.1% | 247.6% | 40.9% | 301.1% |
| Seven Stars Cloud Group, Inc. ($SSC) | | 134.7% | 663.8% | 310.3% | 161.7% |
| Aurora Mobile Limited ($JG) | | | | 304.9% | 150.8% |
| Intelligent Systems Corporation ($INS) | | 14.2% | 71.0% | 12.2% | 119.0% |
| |
|---|
| Median (151 companies) | -43.3% | 14.0% | 14.3% | 15.7% | 15.2% |
|---|
| Astea International Inc ($ATEA) | | 10.7% | 12.4% | 2.1% | 4.3% |
Top companies by Gross margin, %
| Top 5 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 |
|---|
| Skkynet Cloud Systems Inc ($SKKY) | 99.7% | 97.4% | 98.0% | 97.6% | 96.5% |
| hopTo Inc ($HPTO) | 91.8% | 87.8% | 95.9% | 98.2% | 95.4% |
| Aware, Inc. ($AWRE) | 75.4% | 87.2% | 90.3% | 94.6% | 92.3% |
| Alteryx, Inc. ($AYX) | 77.5% | 80.5% | 81.3% | 83.4% | 91.0% |
| Aspen Technology, Inc. ($AZPN) | 86.5% | 88.7% | 89.7% | 90.2% | 89.9% |
| |
|---|
| Median (151 companies) | 63.4% | 61.9% | 64.2% | 64.6% | 66.0% |
|---|
Top companies by EBITDA margin, %
| Top 5 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 |
|---|
| Aspen Technology, Inc. ($AZPN) | 34.5% | 42.2% | 46.0% | 45.2% | 43.3% |
| ANSYS, Inc. ($ANSS) | 45.9% | 45.8% | 45.1% | 41.9% | 41.4% |
| Paycom Software, Inc. ($PAYC) | 15.1% | 19.5% | 35.1% | 34.4% | 35.9% |
| j2 Global, Inc. ($JCOM) | 41.6% | 40.6% | 41.7% | 36.5% | 35.7% |
| Adobe Inc. ($ADBE) | 17.5% | 25.9% | 31.2% | 34.2% | 35.3% |
| |
|---|
| Median (153 companies) | -10.3% | -10.7% | -5.3% | -4.2% | -3.3% |
|---|
Top companies by CAPEX/Revenue, %
| Top 5 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 |
|---|
| TimefireVR Inc ($TFVR) | 0.0% | 350.5% | 4.3% | | 1,021.9% |
| MGT Capital Investments Inc ($MGTI) | 0.0% | 36.5% | 221.4% | 129.8% | 344.5% |
| Integrated Ventures Inc ($INTV) | | | | | 199.9% |
| ShotSpotter, Inc. ($SSTI) | | 18.3% | 28.9% | 27.1% | 24.3% |
| Ellie Mae, Inc. ($ELLI) | 12.3% | 20.6% | 16.7% | 21.1% | 19.4% |
| |
|---|
| Median (154 companies) | 2.8% | 2.7% | 3.0% | 2.3% | 2.4% |
|---|
Top companies by ROIC, %
| Top 5 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 |
|---|
| InsPro Technologies Corp ($ITCC) | -558.9% | | | | 127.4% |
| Manhattan Associates, Inc. ($MANH) | 64.8% | 78.7% | 99.3% | 102.5% | 80.9% |
| Intuit Inc. ($INTU) | 34.2% | 23.7% | 52.1% | 72.6% | 66.8% |
| Aspen Technology, Inc. ($AZPN) | 133.4% | | | | 58.1% |
| Paycom Software, Inc. ($PAYC) | 16.7% | 30.5% | 75.4% | 51.1% | 47.5% |
| |
|---|
| Median (179 companies) | -14.2% | -12.2% | -9.5% | -11.0% | -9.8% |
|---|
| Astea International Inc ($ATEA) | -113.2% | | | | |
Top companies by Net Debt / EBITDA
| Top 5 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 |
|---|
| Upland Software, Inc. ($UPLD) | | | 16.4x | 115.6x | 16.7x |
| Nuance Communications, Inc. ($NUAN) | 7.9x | 5.7x | 5.3x | 7.1x | 15.2x |
| Asure Software Inc ($ASUR) | 3.4x | 4.5x | 3.6x | 9.5x | 14.5x |
| SS&C Technologies Holdings, Inc. ($SSNC) | 1.7x | 7.3x | 4.6x | 3.1x | 8.5x |
| Avaya Holdings Corp. ($AVYA) | | | | | 7.4x |
| |
|---|
| Median (70 companies) | -1.4x | -1.0x | -0.9x | -0.9x | -0.7x |
|---|
