Company name:
Five9 Inc
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IPO SHARE PRICE:$7.00
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IPO DATE:April 04, 2014
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TICKER:FIVN
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MAIN STOCK EXCHANGE:NASDAQ
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CURRENT HQ LOCATION:3001 Bishop Drive Suite 350 San Ramon CA 94583
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FISCAL YEAR END:December 31
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INCORPORATION JURISDICTION:DE
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ORGANIZED AS THE FOLLOWING LEGAL TYPE:Corporation
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Investor Relations Webpage:Coming soon!
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TAX RATE:USA federal corporate nominal income tax rate is 21%
Short Description
Five9 Inc
We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com
Statement of Cash Flow
(USD in thousand)
Selected Year:
31-Dec
2020
2020
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
40.8% -
Stock-based compensation
16.2% -
Amortization of discount and issuance costs on senior convertible notes
15.8% -
Depreciation and amortization
5.9% -
Accrued and other liabilities
5.0% -
Deferred revenue
4.4% -
(Gain) loss on repayment of debt
3.9% -
Accounts payable
3.6% -
Operating lease right-of-use asset amortization
1.9% -
Amortization of (discount) premium on short-term investments
1.2% -
Other liabilities
0.8% -
Accrued federal fees and sales tax liability
0.5% -
(Recovery of) provision for doubtful accounts
SOURCEs
15.8%
3.6%
5.0%
4.4%
3.9%
5.9%
16.2%
40.8%
100 %
0%
USES
42.4%
6.3%
18.2%
3.3%
26.5%
26.5% -
Net income (loss)
18.2% -
Deferred contract acquisition costs
6.3% -
Accounts receivable
3.3% -
Prepaid expenses and other assets
1.8% -
Income tax benefit in connection with business acquisitions
1.2% -
Other assets
0.1% -
Deferred income taxes
0.1% -
Other
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|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | ($221) | ($4,552) | ($42,130) | ($42,130) | ($28,840) | ||||||
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Depreciation and amortization
|
10,274 | 14,374 | 25,087 | 25,087 | 29,348 | ||||||
|
Operating lease right-of-use asset amortization
|
- | 4,735 | 5,687 | 5,687 | 5,840 | ||||||
|
Amortization of (discount) premium on short-term investments
Amortization of (discount) premium on short-term investments
|
(670) | (1,108) | 3,090 | 3,090 | 5,084 | ||||||
|
Amortization of debt original issue discount and issuance cost
Amortization of debt original issue discount and issuance cost
|
129 | - | - | - | - | ||||||
|
Amortization of discount and issuance costs on senior convertible notes
Amortization of discount and issuance costs on senior convertible notes
|
7,881 | 12,788 | 25,738 | 25,738 | 34,136 | ||||||
|
Stock-based compensation
|
28,484 | 42,065 | 64,747 | 64,747 | 67,504 | ||||||
|
(Recovery of) provision for doubtful accounts
|
90 | 90 | 754 | 754 | 704 | ||||||
|
(Accretion) amortization of investment discount premium net
(Accretion) amortization of investment discount premium net
|
- | - | - | - | - | ||||||
|
Accretion of interest
|
44 | - | - | - | - | ||||||
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Interest expense
|
- | - | - | - | - | ||||||
|
Income tax benefit in connection with business acquisitions
Income tax benefit in connection with business acquisitions
|
- | - | (2,910) | (2,910) | - | ||||||
|
Deferred income taxes
|
- | - | (178) | (178) | (712) | ||||||
|
(Gain) loss on sale of property and equipment
|
- | - | - | - | - | ||||||
|
Gain on sale of convertible notes held for investment
|
(312) | (217) | - | - | - | ||||||
|
(Gain) loss on repayment of debt
|
- | - | 6,964 | 6,964 | 3,548 | ||||||
|
Change in fair value of common and preferred stock warrant liability
Change in fair value of common and preferred stock warrant liability
|
- | - | - | - | - | ||||||
|
Non-cash adjustment on investment
|
(40) | - | - | - | - | ||||||
|
Reversal of accrued federal fees
|
- | - | - | - | - | ||||||
|
Reversal of interest and penalties on accrued federal fees
Reversal of interest and penalties on accrued federal fees
|
- | - | - | - | - | ||||||
|
Accounts receivable
|
(5,829) | (12,935) | (9,958) | (9,958) | (18,608) | ||||||
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Deferred contract acquisition costs
|
(7,748) | (12,783) | (28,959) | (28,959) | (42,456) | ||||||
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Prepaid expenses and other assets
|
(2,806) | (2,671) | (5,313) | (5,313) | 528 | ||||||
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Other assets
|
193 | (348) | (1,911) | (1,911) | 652 | ||||||
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Accounts payable
|
2,418 | 2,549 | 6,181 | 6,181 | 14,056 | ||||||
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Accrued federal fees and sales tax liability
|
495 | 1,010 | 1,302 | 1,302 | 5,144 | ||||||
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Accrued and other liabilities
|
1,865 | (544) | 9,374 | 9,374 | (16,616) | ||||||
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Deferred revenue
|
3,956 | 8,695 | 7,971 | 7,971 | 10,900 | ||||||
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Other
|
27 | 448 | (147) | (147) | (880) | ||||||
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Other liabilities
|
392 | (375) | 1,913 | 1,913 | 7,916 | ||||||
| Net cash provided by (used in) operating activities | $38,622 | $51,221 | $67,302 | $67,302 | $77,248 |
Selected Year:
31-Dec
2020
2020
INVESTING ACTIVITIES
Cash spent on acquiring plant, equipment and other businesses, cash recei0 from sale of plant, equipment and subsidiaries as well cash parked temporarily in different securities - government bonds typically
53.2% -
Maturities of marketable securities
SOURCEs
46.8%
53.2%
100 %
0%
USES
3.7%
76.0%
20.2%
76.0% -
Purchases of marketable securities
20.2% -
Acquisition of Inference and Virtual Observer
3.7% -
(Purchase) sale of property and equipment
0.0% -
Acquisition of substantially all assets of Whendu
|
|
|
|
|
|
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|
|
|
|
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|
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(Increase) decrease in restricted cash and deposits
|
- | - | - | - | - | ||||||
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Purchases of marketable securities
|
(220,704) | (359,470) | (620,948) | (620,948) | (455,608) | ||||||
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Sale of marketable securities
|
- | - | - | - | - | ||||||
|
Maturities of marketable securities
|
11,293 | 328,740 | 434,478 | 434,478 | 665,084 | ||||||
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Sale of convertible notes held as investment
|
1,923 | 217 | - | - | - | ||||||
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Purchases of convertible notes held as investment
|
- | - | - | - | - | ||||||
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(Purchase) sale of property and equipment
|
(9,261) | (19,228) | (30,422) | (30,422) | (40,040) | ||||||
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Acquisition of Face It Corp net of cash
|
- | - | - | - | - | ||||||
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Acquisition of Inference and Virtual Observer
|
- | - | (165,338) | (165,338) | (661,352) | ||||||
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Acquisition of substantially all of the assets of Whendu LLC
Acquisition of substantially all of the assets of Whendu LLC
|
- | (13,890) | - | - | - | ||||||
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Acquisition of substantially all assets of Whendu
|
- | (13,890) | (100) | (100) | (400) | ||||||
| Net cash provided by (used in) investing activities | ($216,749) | ($63,631) | ($382,330) | ($382,330) | ($378,664) |
Selected Year:
31-Dec
2020
2020
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
96.9% -
Issuance of senior convertible notes
1.6% -
Proceeds from issuance of common stock upon exercise of stock options
1.5% -
Issuance of common stock under Employee Stock Purchase Plan (ESPP)
SOURCEs
96.9%
100 %
0%
USES
60.8%
26.6%
12.0%
26.6% -
Partial repurchase of convertible senior notes
12.0% -
Purchase of capped calls
0.5% -
Repayment of finance leases
|
|
|
|
|
|
|
|
|
|
|
|
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|---|---|---|---|---|---|---|---|---|---|---|---|
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Initial Public Offering (IPO) net
|
- | - | - | - | - | ||||||
|
Issuance of convertible preferred stock
|
- | - | - | - | - | ||||||
|
Issuance of common stock under Employee Stock Purchase Plan (ESPP)
Issuance of common stock under Employee Stock Purchase Plan (ESPP)
|
5,730 | 7,823 | 11,469 | 11,469 | 23,212 | ||||||
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Proceeds from issuance of common stock upon exercise of stock options
Proceeds from issuance of common stock upon exercise of stock options
|
7,779 | 7,705 | 11,656 | 11,656 | 10,912 | ||||||
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Proceeds from issuance of common stock upon exercise of stock options and warrants
Proceeds from issuance of common stock upon exercise of stock options and warrants
|
- | - | - | - | - | ||||||
|
Deferred offering costs
|
- | - | - | - | - | ||||||
|
Borrowing under Revolving Credit Facility
|
- | - | - | - | - | ||||||
|
Repayment of Revolving Credit Facility
|
(32,594) | - | - | - | - | ||||||
|
Issuance of senior convertible notes
|
8,039 | 8,039 | 728,812 | 728,812 | - | ||||||
|
Partial repurchase of convertible senior notes
|
- | - | (200,350) | (200,350) | (55,540) | ||||||
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Proceeds from equipment financing
|
- | - | - | - | - | ||||||
|
Borrowing under notes payable
|
- | - | - | - | - | ||||||
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Repayment of notes payable
|
(318) | - | - | - | - | ||||||
|
Repayment of finance leases
|
(8,544) | (7,054) | (3,715) | (3,715) | (2,748) | ||||||
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Repayments of capital leases
|
(8,544) | - | - | - | - | ||||||
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Debt issuance costs
|
- | - | - | - | - | ||||||
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Payment of prepayment penalty and related fees
|
- | - | - | - | - | ||||||
|
Employee withholding taxes paid on share-based compensation
Employee withholding taxes paid on share-based compensation
|
(260) | - | - | - | - | ||||||
|
Purchase of capped calls
|
(31,412) | - | (90,448) | (90,448) | (361,792) | ||||||
| Net cash provided by (used in) financing activities | $191,092 | $8,474 | $457,424 | $457,424 | ($24,164) |
Selected Year:
31-Dec
2020
2020
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
$142,396,000