Company name:

Ping Identity Holding Corp

  • IPO SHARE PRICE:
    $15.00
  • IPO DATE:
    September 19, 2019
  • TICKER:
    PING
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    1001 17th Street Suite 100 Denver Colorado 80202
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Ping Identity Holding Corp

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Statement of Cash Flow

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
45.3% - Depreciation and amortization
20.2% - Stock-based compensation
16.4% - Contract assets
9.8% - Amortization of deferred commission costs
5.9% - Deferred revenue
1.6% - Accounts payable
0.5% - Other
0.3% - Amortization of deferred debt issuance costs
SOURCEs
16.4% 45.3% 9.8% 5.9% 20.2%
100 %
0%
USES
27.2% 18.1% 17.8% 4.1% 12.5% 4.0% 14.4%
18.1% - Deferred income taxes
17.8% - Accounts receivable
14.4% - Net income (loss)
12.5% - Deferred commissions
4.1% - Accrued compensation and employee benefits
4.0% - Prepaid expenses and other assets
0.8% - Other assets
0.6% - Accrued expenses
0.3% - Operating leases
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
 ($13,446) ($1,504) ($11,891) ($11,891) ($15,252)
Depreciation and amortization
$45,679
 30,737 32,977 37,266 37,266 39,352
Amortization of deferred debt issuance costs
$45,679
 889 679 250 250 252
Amortization of deferred commission costs
$45,679
 5,302 6,423 8,045 8,045 10,452
Stock-based compensation
$45,679
 2,848 6,332 16,624 16,624 18,564
Deferred income taxes
$45,679
 3,073 (9,379) (14,888) (14,888) (13,988)
(Gain) loss on repayment of debt
$45,679
 9,785 4,532 - - -
Operating leases
-
 - - (258) (258) (612)
Accounts receivable
$45,679
 (1,465) (18,046) (14,666) (14,666) (130,780)
Prepaid expenses and other assets
$45,679
 (5,770) (6,586) (3,331) (3,331) (1,848)
Contract assets
$45,679
 (6,806) (18,542) 13,518 13,518 46,052
Other assets
$45,679
 (763) 373 (664) (664) 144
Accounts payable
$45,679
 298 (624) 1,323 1,323 6,580
Accrued expenses
$45,679
 1,113 6,318 (504) (504) (12,744)
Accrued compensation and employee benefits
$45,679
 6,070 (404) (3,412) (3,412) 22,420
Deferred commissions
$45,679
 (9,981) (9,060) (10,304) (10,304) (18,152)
Deferred revenue
$45,679
 1,442 12,140 4,891 4,891 57,624
Other
$45,679
 (440) 166 376 376 1,556
Net cash provided by (used in) operating activities
$45,679
 $22,886 $5,795 $22,375 $22,375 $9,620
Selected Year:
31-Dec
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
SOURCEs
0%
100 %
0%
USES
0.0% 27.4% 5.4% 67.2%
67.2% - Acquisition of business net of cash
27.4% - Capitalized internal-use software development costs
5.4% - (Purchase) sale of property and equipment
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
(Purchase) sale of property and equipment
$45,679
 (3,437) (8,696) (2,595) (2,595) (3,516)
Capitalized internal-use software development costs
$45,679
 (6,310) (10,460) (13,255) (13,255) (13,724)
Acquisition of Elastic Beam
$45,679
 (17,414) - - - -
Acquisition of business net of cash
-
 - - (32,470) (32,470) (129,880)
Other investing activities
$45,679
 500 (600) - - -
Net cash provided by (used in) investing activities
$45,679
 ($26,661) ($19,756) ($48,320) ($48,320) ($128,308)
Selected Year:
31-Dec
2020
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
90.4% - Long-term borrowing
9.6% - Proceeds from issuance of common stock upon exercise of stock options
SOURCEs
90.4% 9.6%
100 %
0%
USES
95.2% 4.2%
4.2% - Payments of withholding tax on equity-based compensation
0.4% - Payment of Elastic Beam consideration and holdbacks
0.3% - Offering costs
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Initial Public Offering (IPO) net
$45,679
 - 200,531 - - -
Proceeds from issuance of common stock upon exercise of stock options Proceeds from issuance of common stock upon exercise of stock options
$45,679
 - 1,571 10,404 10,404 5,508
Offering costs
$45,679
 (493) (5,164) (295) (295) -
Long-term borrowing
$45,679
 250,000 52,177 97,823 97,823 -
Repayment of long-term borrowing
$45,679
 (171,250) (248,750) - - -
Debt repayment costs
-
 (5,085) - - - -
Long-term debt issuance costs
$45,679
 (5,994) (1,249) - - -
Payment of Elastic Beam consideration and holdbacks
$45,679
 - (1,136) (424) (424) -
Payments of withholding tax on equity-based compensation Payments of withholding tax on equity-based compensation
-
 - - (4,499) (4,499) (308)
Repurchases of common stock
-
 (76) - - - -
Net cash provided by (used in) financing activities
$45,679
 $67,102 ($2,020) $103,009 $103,009 $5,200
Selected Year:
31-Dec
2020
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
$78,113,000
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cash and equivalents - Beginning of period
$45,679
 $21,469 $84,143 $68,386 - $695,816
Effect of changes in foreign exchange rates on cash
$45,679
 (653) 224 1,049 - 3,668
(Decrease) increase in cash and cash equivalents
$45,679
 62,674 (15,757) 78,113 - (109,820)
Cash and equivalents - End of period
$45,679
 $84,143 $68,386 $146,499 - $585,996