Vivint Smart Home, Inc.

NYSE:VVNT Rapport sur les actions

Capitalisation boursière : US$2.6b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Vivint Smart Home Gestion

Gestion contrôle des critères 2/4

Informations clés

David Bywater

Directeur général

US$13.1m

Rémunération totale

Pourcentage du salaire du PDG7.80%
Durée du mandat du directeur général1.8yrs
Propriété du PDG0.3%
Durée moyenne d'occupation des postes de direction1.4yrs
Durée moyenne du mandat des membres du conseil d'administration3.2yrs

Mises à jour récentes de la gestion

Recent updates

Seeking Alpha • Nov 08

Vivint Smart Home reports Q3 results

Vivint Smart Home press release (NYSE:VVNT): Q3 Revenue of $439.4M (+13.6% Y/Y) beats by $37.02M. Net loss improved by $51.7 million to a loss of $41.0 million.
Article d’analyse • Sep 16

A Look At The Intrinsic Value Of Vivint Smart Home, Inc. (NYSE:VVNT)

Today we will run through one way of estimating the intrinsic value of Vivint Smart Home, Inc. ( NYSE:VVNT ) by taking...
Seeking Alpha • Sep 14

Vivint Smart Home: CPI Print Brings Caution

Summary Vivint Smart Home's stock price has doubled from the July lows. Q2 results, like Q1, demonstrated significant improvement in financial performance Y/Y. VVNT's KPI performance should give investors reasons to be optimistic. The company's cash position has been bolstered by the sale of its Canadian business. The large debt pile means any slight move in rates affects FCF considerably. Vivint Smart Home's (NYSE:VVNT) stock price has bounced back over the last few months after the company reported robust double digit growth on top and bottom lines in Q2. VVNT's stock price is now at the same point it was in late January, buckling the trend of underperformance seen in the broader markets, particularly in the growth stock arena. This has been for good reason too, VVNT's underlying business has proven its resilience against a difficult consumer backdrop and grew at a fast clip even when lapping tough Y/Y comps. Debt still weighs heavy though, and investors need to monitor the impact of rate hike increases on interest expense closely. Financial performance YTD Over the last two quarters, the firm has reported back-to-back operating profits, marking a significant improvement in comparison to 2021 which saw four straight quarters of operating losses. This was driven by strong (15%) revenue growth in Q2. The adjusted EBITDA performance was even more impressive, which came in just shy of $190M in Q2, a $30M increase compared to the prior year. Since listing in early 2020, the Adjusted EBITDA margin of ~45% has held up nicely while the absolute figure expands due to top-line growth. Free Cash Flow was $50M in Q2. This combined with the sale of the Canadian business put VVNT on a cash balance at the end of June of $248M. The company noted that the $104M generated from the sale was significantly more than they expected to gain from the subscribers over the next ten years. This appears a shrewd move and it bolsters the cash balance in a time of economic uncertainty. It will also allow VVNT to reinvest for growth (particularly on the customer acquisition side). Strong performance on KPI's This financial performance has been underpinned by the company delivering on its Key Performance Indicators, namely subscriber growth: Q2 Presentation As can be seen above, total subscribers hit 1.86M at the end of last quarter. The green sections of the chart represent the impact of the Canadian division. VVNT's subscriber count is now growing faster without the Canadian business. Growth in 2022 was 4.7% with the Canadian business and 10.8% without. Canada was growing slower than the core business. This effect on growth is also seen in Total Monthly Recurring Revenue. Q2 presentation Growth ex-Canada was 14.8% compared to 12.4% with Canada. All things considered, the disposal of the Canadian segment does look attractive. Customers of VVNT are buying more products and services and are staying with the company for longer. The attrition rate (churn) over the three months to June was the lowest in the last 14 quarters at 10.9%. Future prospects: Looks Great... but the debt VVNT reaffirmed its FY guidance, adjusted in some aspects for the Canadian disposal. Both Revenue and Adjusted EBITDA have been reaffirmed even after the removal of the Canadian operations. Whilst subscriber count and free-cash flow have both been adjusted for it. Therefore, Adjusted EBITDA is expected to be $745M with revenue at $1.63B, inferring a margin of ~45.7%.
Article d’analyse • Aug 11

Is Now An Opportune Moment To Examine Vivint Smart Home, Inc. (NYSE:VVNT)?

Vivint Smart Home, Inc. ( NYSE:VVNT ), is not the largest company out there, but it received a lot of attention from a...
Seeking Alpha • Jul 26

Vivint Smart Home gain on report of sales process (update)

Update 11:05am: Updates shares, adds background. Vivint Smart Home (NYSE:VVNT) rose 2.3% on a report that the home security company is exploring strategic alternatives. Vivint Smart (VVNT) is said to be exploring alternatives including a possible take-private or sale of the company, according to a Dealreporter item from late Monday. Vivint Smart (VVNT) went public through a SPAC deal in late January 2020. The shares have plunged 62% since going public and have dropped 52% this year. In May Vivint Smart's CFO departed. VVNT short intertest is 7.7%.
Article d’analyse • Feb 15

At US$6.72, Is It Time To Put Vivint Smart Home, Inc. (NYSE:VVNT) On Your Watch List?

While Vivint Smart Home, Inc. ( NYSE:VVNT ) might not be the most widely known stock at the moment, it received a lot...
Article d’analyse • Jan 10

Estimating The Fair Value Of Vivint Smart Home, Inc. (NYSE:VVNT)

How far off is Vivint Smart Home, Inc. ( NYSE:VVNT ) from its intrinsic value? Using the most recent financial data...
Seeking Alpha • Jul 10

Vivint Smart Home: Great Product, Poor Execution

Smart homes are growing in popularity and Vivint stands to benefit from this trend, given its lineup of high-quality products. However, its poor distribution strategy leads to issues of low scalability and high capital intensity. High debt and the Buy-Now-Pay-Later mode are also risks that could hinder growth. Until we see a change in business strategy, investors should stay away from Vivint.
Article d’analyse • Apr 07

Is There An Opportunity With Vivint Smart Home, Inc.'s (NYSE:VVNT) 34% Undervaluation?

Does the April share price for Vivint Smart Home, Inc. ( NYSE:VVNT ) reflect what it's really worth? Today, we will...
Article d’analyse • Feb 27

Analysts Have Made A Financial Statement On Vivint Smart Home, Inc.'s (NYSE:VVNT) Yearly Report

Last week, you might have seen that Vivint Smart Home, Inc. ( NYSE:VVNT ) released its annual result to the market. The...
Article d’analyse • Jan 20

Shareholders Are Thrilled That The Vivint Smart Home (NYSE:VVNT) Share Price Increased 103%

The Vivint Smart Home, Inc. ( NYSE:VVNT ) share price has had a bad week, falling 14%. But that doesn't change the fact...
Article d’analyse • Dec 08

Have Insiders Been Buying Vivint Smart Home, Inc. (NYSE:VVNT) Shares This Year?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

Analyse de la rémunération des PDG

Comment la rémunération de David Bywater a-t-elle évolué par rapport aux bénéfices de Vivint Smart Home?
DateRémunération totaleSalaireBénéfices de l'entreprise
Dec 31 2022US$13mUS$1m

-US$52m

Sep 30 2022n/an/a

-US$125m

Jun 30 2022n/an/a

-US$177m

Mar 31 2022n/an/a

-US$244m

Dec 31 2021US$34mUS$560k

-US$306m

Rémunération vs marché: La rémunération totale de David ($USD 13.09M ) est supérieure à la moyenne des entreprises de taille similaire sur le marché US ($USD 6.95M ).

Rémunération et revenus: La rémunération de David a été cohérente avec les performances de l'entreprise au cours de l'année écoulée.

PDG

David Bywater (52 yo)

1.8yrs
Titularisation
US$13,085,918
Compensation

Mr. David H. Bywater serves as an Independent Director of Cariloha, Inc. since January 2022. Mr. Bywater has been Chief Executive Officer and Director of Vivint Smart Home, Inc. since June 15, 2021. He ser...

Équipe de direction

NomPositionTitularisationCompensationPropriété
David Bywater
CEO & Director1.8yrsUS$13.09m0.28%
$ 7.2m
Todd Pedersen
Founder & Directorno dataUS$195.00k7.46%
$ 192.3m
Dana Russell
Chief Financial Officerless than a yearUS$4.89m0.029%
$ 736.6k
Rasesh Patel
Chief Operating Officerless than a yearUS$8.77m0.023%
$ 601.8k
Garner Meads
Chief Legal Officer & Secretary1.7yrsUS$3.00m0.046%
$ 1.2m
Todd Santiago
Chief Revenue Officer3yrsUS$4.47m0.47%
$ 12.2m
Nathan Stubbs
Vice President of Investor Relationsno datapas de donnéespas de données
Daniel Garen
Chief Ethics & Compliance Officer1.6yrsUS$4.86m0.035%
$ 903.3k
Noelle Bates
Vice President of Public Relationsno datapas de donnéespas de données
Kim Wittman
Senior Vice President of People & Culture1.2yrspas de donnéespas de données
Jim Nye
Chief Product Officerno datapas de donnéespas de données
Ronald Davies
Chief Insurance Officer1yrpas de donnéespas de données
1.4yrs
Durée moyenne de l'emploi
50.5yo
Âge moyen

Gestion expérimentée: L'équipe de direction de VVNT n'est pas considérée comme expérimentée (ancienneté moyenne 1.4 ans), ce qui suggère une nouvelle équipe.

Membres du conseil d'administration

NomPositionTitularisationCompensationPropriété
David Bywater
CEO & Director1.8yrsUS$13.09m0.28%
$ 7.2m
Todd Pedersen
Founder & Director3.2yrsUS$195.00k7.46%
$ 192.3m
David D'Alessandro
Independent Chairman3.2yrsUS$445.00k0.029%
$ 750.7k
Joseph Tibbetts
Independent Director3.2yrsUS$297.50k0.0080%
$ 207.4k
Peter Wallace
Independent Director3.2yrspas de donnéespas de données
Paul Galant
Independent Director3.2yrsUS$287.50k0.0083%
$ 214.4k
Jay Pauley
Independent Director3.2yrspas de donnéespas de données
Michael Staub
Independent Director1.1yrspas de donnéespas de données
Barbara Comstock
Independent Director1.7yrsUS$276.25k0.0041%
$ 104.9k
3.2yrs
Durée moyenne de l'emploi
53yo
Âge moyen

Conseil d'administration expérimenté: Les membres du conseil d'administration de VVNT sont considérés comme expérimentés (ancienneté moyenne 3.2 ans).

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2023/03/11 12:19
Cours de l'action en fin de journée2023/03/09 00:00
Les revenus2022/12/31
Revenus annuels2022/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d'analyse utilisé pour générer ce rapport sont disponibles sur notre page Github, nous proposons également des guides pour apprendre à utiliser nos rapports et des tutoriels sur YouTube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Vivint Smart Home, Inc. est couverte par 7 analystes. 5 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
Kunal MadhukarDeutsche Bank
Amit DaryananiEvercore ISI
Roderick HallGoldman Sachs