Cvent Holding Corp.

NasdaqGM:CVT Aktierapport

Börsvärde: US$4.2b

This company has been acquired

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

Cvent Holding Balansräkning Hälsa

Finansiell hälsa kriterier kontrolleras 5/6

Cvent Holding har ett totalt eget kapital på $1.6B och en total skuld på $138.0M vilket ger sin skuldsättningsgrad till 8.6%. Dess totala tillgångar och totala skulder är $2.3B respektive $658.1M.

Viktig information

8.63%

Skuldsättning i förhållande till eget kapital

US$138.00m

Skuld

Räntetäckningsgradn/a
KontanterUS$156.09m
Eget kapitalUS$1.60b
Summa skulderUS$658.05m
Totala tillgångarUS$2.26b

Nya uppdateringar om finansiell hälsa

Recent updates

Analysartikel • Dec 02

Cvent Holding Corp.'s (NASDAQ:CVT) Intrinsic Value Is Potentially 76% Above Its Share Price

Does the December share price for Cvent Holding Corp. ( NASDAQ:CVT ) reflect what it's really worth? Today, we will...
Seeking Alpha • Sep 01

Cvent Grows Revenue As In-Person Events Return

Summary Cvent Holding recently announced its Q2 2022 financial results. The company provides a range of event management software and services to organizations worldwide. CVT produced record quarterly revenue but operating losses remain high and it is continuing to add to headcount as an economic slowdown looms. I'm on Hold for CVT until we see a meaningful move toward operating breakeven. A Quick Take On Cvent Holding Corp. Cvent Holding (CVT) reported its Q2 2022 financial results on August 4, 2022, reporting its best ever quarterly revenue results. The company provides a range of virtual and in-person event software and services to organizations worldwide. While I’m encouraged by the return to in-person events driving revenue growth, until management can make a serious move toward operating breakeven, I’m on Hold for CVT. Cvent Overview Tysons, Virginia-based Cvent Holding was founded in 1999 to provide organizations with the ability to more efficiently manage their events, both in-person and virtual. The firm is headed by founder and CEO Reggie Aggarwal, who was previously an attorney at Pillsbury Winthrop Shaw Pittman and a senior associate at PwC. The company’s primary offerings include: Event marketing and management Exchange and sourcing Suppliers & Venues The firm acquires customers through its website free trial self serve option as well as through inside and direct sales and marketing efforts for larger customer prospects. Cvent’s Market & Competition According to a 2017 market research report by MarketsandMarkets, the total event management software market was valued at $6.4 billion in 2017 and is projected to grow to $11.1 billion by the end of 2022, representing a CAGR of 11.6% during the forecast period. The main factors driving market growth are the need for effective event management and increasing adoption of event planning software and event registration software by Small and Medium-sized Enterprises [SMEs]. Major competitors that provide event management or discovery software include: Live Nation (LYV) Eventbrite XING Events ON24 ACTIVE Network etouches EMS Software Ungerboeck Software International SignUpGenius Cvent’s Recent Financial Performance Total revenue by quarter has grown per the following chart: 5 Quarter Total Revenue (Seeking Alpha) Gross profit by quarter has followed approximately the same trajectory as that of total revenue: 5 Quarter Gross Profit (Seeking Alpha) Selling, G&A expenses as a percentage of total revenue by quarter have varied within a narrow range over the past five quarters: 5 Quarter SG&A % Of Revenue (Seeking Alpha) Operating losses by quarter have worsened sharply in recent quarters: 5 Quarter Operating Income (Seeking Alpha) Earnings per share (Diluted) have remained negative, as the chart shows below: 5 Quarter Earnings Per Share (Seeking Alpha) (All data in above charts is GAAP) In the past 12 months, CVT’s stock price has fallen 49% vs. the U.S. S&P 500 index’s drop of around 13.5%, as the chart below indicates: 52 Week Stock Price (Seeking Alpha) Valuation And Other Metrics For Cvent Below is a table of relevant capitalization and valuation figures for the company: Measure [TTM] Amount Enterprise Value / Sales 4.42 Revenue Growth Rate 4.0% Net Income Margin -19.2% GAAP EBITDA % -2.5% Market Capitalization $2,440,000,000 Enterprise Value $2,550,000,000 Operating Cash Flow $134,250,000 Earnings Per Share (Fully Diluted) -$28.66 (Source - Seeking Alpha) As a reference, a relevant partial public comparable would be Eventbrite (EB); shown below is a comparison of their primary valuation metrics: Metric Eventbrite Cvent Variance Net Income Margin -30.6% -19.16% -37.4% Revenue Growth Rate 91.5% -2.5% -102.8% Operating Cash Flow -$14,450,000 $134,250,000 -1029.1% Enterprise Value / Sales 1.7 4.4 166.3% (Source - Seeking Alpha) A full comparison of the two companies’ performance metrics may be viewed here. The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory. CVT’s most recent GAAP Rule of 40 calculation was 1.5% as of Q2 2022, so the firm needs significant improvement in this regard, per the table below: Rule of 40 - GAAP Calculation Recent Rev. Growth % 4.0% GAAP EBITDA % -2.5% Total 1.5% (Source - Seeking Alpha) Commentary On Cvent In its last earnings call (Source - Seeking Alpha), covering Q2 2022’s results, management highlighted its strong revenue growth producing its highest quarterly revenue in company history. Management is starting to see a return to in-person events, with growth in its Cvent Supplier Network showing an increase in RFPs for in-person event venues since the beginning of 2022. Companies are also looking for increased flexibility, mixing event formats between in-person, virtual or hybrid, to increase engagement efficiently and better manage costs. Management believes the return to in-person events combined with its flexible platform positions the firm well for industry changes. As to its financial results, total revenue grew by 31.1% year-over-year, beating previous guidance by 4.4%, driven by growth in in-person event activity.
Analysartikel • Aug 07

Cvent Holding Corp. (NASDAQ:CVT) Released Earnings Last Week And Analysts Lifted Their Price Target To US$8.25

Last week saw the newest second-quarter earnings release from Cvent Holding Corp. ( NASDAQ:CVT ), an important...
Analysartikel • May 04

Are Cvent Holding Corp. (NASDAQ:CVT) Investors Paying Above The Intrinsic Value?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Cvent Holding Corp...

Analys av finansiell ställning

Kortfristiga skulder: CVT s kortfristiga tillgångar ( $307.9M ) täcker inte dess kortfristiga skulder ( $468.7M ).

Långfristiga skulder: CVT s kortfristiga tillgångar ( $307.9M ) överstiger dess långfristiga skulder ( $189.3M ).

Skuld till eget kapital Historik och analys

Skuldnivå: CVT har mer kontanter än sin totala skuld.

Minska skulden: CVT s skuldsättningsgrad har minskat från 57.3% till 8.6% under de senaste 5 åren.

Balansräkning

Analys av kontantbanan

För företag som i genomsnitt har gått med förlust tidigare bedömer vi om de har minst 1 års kassaflöde.

Stabil Cash Runway: Även om olönsamma CVT har tillräckligt med cash runway i mer än 3 år om den bibehåller sin nuvarande positiva fritt kassaflöde-nivå.

Prognos Cash Runway: CVT är olönsam men har tillräckligt med kassaflöde i mer än 3 år, på grund av att det fria kassaflödet är positivt och växer med 46.6 % per år.

Upptäck friska företag

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Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2023/06/16 10:58
Aktiekurs vid dagens slut2023/06/14 00:00
Intäkter2023/03/31
Årlig intjäning2022/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Cvent Holding Corp. bevakas av 9 analytiker. 4 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
David HynesCanaccord Genuity
Patrick WalravensCitizens JMP Securities, LLC
Peter LowryCitizens JMP Securities, LLC