UserTesting, Inc.

NYSE:USER 株式レポート

時価総額:US$1.1b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

UserTesting 過去の業績

過去 基準チェック /06

主要情報

-37.01%

収益成長率

30.22%

EPS成長率

Software 業界の成長17.33%
収益成長率30.82%
株主資本利益率-51.78%
ネット・マージン-35.63%
前回の決算情報30 Sep 2022

最近の業績更新

Recent updates

Seeking Alpha Dec 13

UserTesting announces expiration of "go-shop" period for $1.3B buyout deal

UserTesting (NYSE:USER) announced on Tuesday the expiration of "go-shop" period under the terms of the previously announced merger agreement with private equity firms Thoma Bravo and Sunstone Partners. The digital customer insight company is to be sold to the PE firms in an all-cash transaction that values UserTesting at approximately $1.3B. The transaction is expected to close in the first half of 2023, subject to customary closing conditions, including approval by UserTesting (USER) shareholders and receipt of regulatory approvals. Upon closing of the transaction, UserTesting’s (USER) common stock will no longer be listed on any public market. The go-shop period expired at 11:59 p.m. ET on December 10, 2022. During the period, UserTesting (USER) did not receive any alternative acquisition proposals from any third party. USER shares are down ~2% premarket
Seeking Alpha Oct 26

UserTesting: Good Business, Bad Investment

Summary UserTesting, Inc. allows businesses to observe and watch real people who have opted in as they interact with products or services in order to obtain an authentic perspective. UserTesting’s system examines different points of view using machine learning and brings important insights to companies in record time and on a massive scale. In light of the information presented and the way things are currently standing, UserTesting does not strike me as an attractive investment opportunity when set alongside other possibilities. UserTesting, Inc. (USER) is a software as a service (SaaS) provider that takes the form of a platform. It gives businesses the ability to see and hear the experiences of customers as those customers interact with products, designs, applications, processes, concepts, or brands. In order for businesses to acquire a profound comprehension of what it is actually like to be a customer, they need to continually interact with, listen to, and observe their customers in person. This is made possible by the platform known as UserTesting, which allows businesses to observe and watch real people who have opted in as they interact with products or services in order to obtain an authentic perspective. This enables USER's customers to have improved experiences, which in turn drives growth, increases customer loyalty, and increases market share. Company Presentation USER’s system examines different points of view using machine learning and brings important insights to companies in record time and on a massive scale. By harnessing the potential of video to drive alignment and action, this aids businesses in saving time and money while also improving the quality of their choices about the customer experience. Companies are attempting to find new ways to set themselves apart in a competitive market by providing superior customer service and innovative products. To do this, businesses are investing billions on data analytics. The distance between an organization's view of its customer-centricity and the view of its customers remains wide despite these efforts. The "empathy gap" is the chasm between businesses and their customers, which often results in subpar service for the end user. Company Presentation The power of the UserTesting Human Insight Platform is the ability to capture and analyse Customer Experience Narratives (CxNs): CxNs are digitally recorded video narratives from targeted, opt-in audiences from our unique UserTesting Contributor Network or an organisation’s own network. These video-based recordings capture the perspectives and experiences of these audiences in narrative form. Our technology enables our contributors or customers of an organisation to record their screen or actions on camera as they consider and engage with products, designs, processes, concepts, or brands. As a result, we capture a broad array of human signals needed to truly understand a human experience, including: intonation and tone of voice, facial expressions, body language, visuals, and actions (both digital and real world), all overlaid with a person’s thoughts spoken out loud as they go through an experience. 2021 Annual Report. Company Presentation This rich and immersive format gives businesses a bird's eye view of their clients' reactions to the products and services they have developed and provided. USER had over 2,300 clients as of December 31, 2021, including more than half of the top 100 most valuable companies in the world, according to Forbes, and more than 300 significant customers with at least $100,000 in annual recurring revenue ((ARR)). FactSet, Analyst Est It is important to contextualize the role in which USER plays within organizations. Much is priced in due to the sentiment around cost cutting from companies and the consolidation in software platforms used for BAU. This has been the bear case against USER since the IPO and has caused the subsequent drop in share price. Yes, I mean, we co-exist often with some type of tool for doing quantitative analysis, kind of a survey type tool. We often coexist with some kind of analytics or measurement tool, so folks want to know what people are clicking on and their apps and things like that. Those are often even used by different teams in an organization. Our tool is primarily used by a design research team, a UX research team, to really get feedback on how people interact with a UI that might not even be in production. We see a lot of prototype testing on our platform. Again, what you're just not going to be able to do with production analytics, or, for example, you can't survey your customer base about a UI they've never seen before. We don't see a lot of displacement risks from a consolidation standpoint. I think for us, it's really just around companies continuing to invest in those teams that are supporting the UX research efforts that are going on in their product organizations Andy MacMillan, CEO, Q2 Earnings Call. Company Presentation Financial Breakdown When one looks at the income sheet, it's easy to get the impression that USER is just another technology firm that's losing money. Despite the fact that this is true, it does not represent the opportunity that is currently available. Consequently, the company's profitability will inevitably be constrained in the short term, but this stage of the business's development will pave the way for expansion in the longer run. The balance sheet for USER is solid, exhibiting a substantial negative net debt position well in advance of the initial public offering. This affords the management team the flexibility to restructure and adjust their strategy in response to the macro environment as they deem appropriate. Company Report On a relative basis USER’s 73.8% drop in price since the IPO has brought the valuation down to earth as such. This however has to be effectively judged as to whether there is much more room to continually grow given USER's market penetration. As is evident with the growth in Gross Margin, the profitability can be achieved within a few years as forecast by management. This comes on the back of significant restructuring to facilitate the macro environment.
分析記事 Sep 29

We're Not Very Worried About UserTesting's (NYSE:USER) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Seeking Alpha Aug 24

UserTesting team up with Tbot Techno Systems

UserTesting (NYSE:USER) and Tbot Techno Systems forms partnership to bring human insight to more organizations across India and Singapore. Through the partnership, Tbot Systems becomes the first UserTesting Authorized reseller in India and Singapore region. The partnership now offers Indian and Singaporean companies a new and trusted way to adopt the UserTesting Human Insight Platform with added consulting services from Tbot, including support and training services. The UserTesting Human Insight Platform is trusted by major consumer brands across Asia-Pacific such as Tata, Mahindra, HDFC Life, etc., and leading technology brands like Wipro, Amazon, Make My Trip, Cars24 and Razorpay, etc.
分析記事 Aug 07

UserTesting, Inc. (NYSE:USER) Just Reported, And Analysts Assigned A US$8.55 Price Target

One of the biggest stories of last week was how UserTesting, Inc. ( NYSE:USER ) shares plunged 23% in the week since...
Seeking Alpha Aug 04

UserTesting Non-GAAP EPS of -$0.07 beats by $0.03, revenue of $47.6M beats by $0.78M

UserTesting press release (NYSE:USER): Q2 Non-GAAP EPS of -$0.07 beats by $0.03. Revenue of $47.6M (+36% Y/Y) beats by $0.78M. Shares -4.8% PM. Subscription revenue was $45.2 million, up 40% year-over-year Q3 Outlook: Total revenue between $47.5 million and $48.5 million; Non-GAAP operating margin between (27.0)% and (29.0)%; Non-GAAP net loss per share between $(0.09) and $(0.10) assuming 144.5 million weighted-average shares outstanding. FY Outlook: Total revenue between $190.0 million and $193.0 million; Non-GAAP operating margin between (23.0)% and (25.0)%; Non-GAAP net loss per share between $(0.31) and $(0.33) assuming 144.0 million weighted-average shares outstanding.
分析記事 Jun 03

Here's Why We're Not Too Worried About UserTesting's (NYSE:USER) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Seeking Alpha May 29

UserTesting: Getting Closer To Break Even Status

Today, we put a small cap SaaS concern called UserTesting in the spotlight for the first time. Despite several years of more than solid revenue growth, the stock is solidly in 'Busted IPO' territory. Is the worst over for shareholders?  A full investment analysis follows in the paragraphs below.
Seeking Alpha Mar 18

UserTesting: Disrupting The Customer Experience Industry

UserTesting operates a software-as-a-service platform that enables enterprises to learn about people's experiences with its products, designs, apps, processes or brands. The company adds to the industry by offering a platform that allows companies to hear and see their users. This allows answering the question of how customers really feel, something that the industry doesn't seem to primarily offer yet. Historical revenue is great and I expect it to continue, with thanks to catalysts such as international expansion and setting up a resellers program. The discount compared to its industry combined with a strong business model leads me to believe that UserTesting is undervalued.
分析記事 Feb 17

We're Not Very Worried About UserTesting's (NYSE:USER) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Seeking Alpha Nov 21

UserTesting IPO: Testing The Market

UserTesting is the latest human insight and experience management firm going public. I like the operating traction of the firm and its platform. I wonder why investors act so cautious. The relative valuations look quite compelling here and a small speculative position seems warranted.

収支内訳

UserTesting の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。


収益と収入の歴史

NYSE:USER 収益、費用、利益 ( )USD Millions
日付収益収益G+A経費研究開発費
30 Sep 22185-6616344
30 Jun 22175-6015343
31 Mar 22162-5313741
31 Dec 21147-5112240
30 Sep 21134-4210437
30 Jun 21122-419534
31 Mar 21110-388631
31 Dec 20102-347928
31 Dec 1977-205221

質の高い収益: USERは現在利益が出ていません。

利益率の向上: USERは現在利益が出ていません。


フリー・キャッシュフローと収益の比較


過去の収益成長分析

収益動向: USERの過去 5 年間の前年比収益成長率がプラスであったかどうかを判断するにはデータが不十分です。

成長の加速: USERの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。

収益対業界: USERは利益が出ていないため、過去 1 年間の収益成長をSoftware業界 ( 14.2% ) と比較することは困難です。


株主資本利益率

高いROE: USERは現在利益が出ていないため、自己資本利益率 ( -51.78% ) はマイナスです。


総資産利益率


使用総資本利益率


過去の好業績企業の発掘

企業分析と財務データの現状

データ最終更新日(UTC時間)
企業分析2023/01/13 17:45
終値2023/01/11 00:00
収益2022/09/30
年間収益2021/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

UserTesting, Inc. 7 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。11

アナリスト機関
Robert OliverBaird
David HynesCanaccord Genuity
Mark MurphyJ.P. Morgan