Emerald Holding, Inc(NYSE:EEX)

Emerald Holding, Inc. operates business-to-business (B2B) trade shows in the United States. The company operates trade shows in various industry sectors, including retail, design and construction, technology, equipment, and safety. It also operates content and content-marketing websites, and related...
Full Time Employees: 548
Sector: Communication Services
Industry: Advertising Agencies
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 132,700,000 | 77,500,000 | 105,500,000 | 147,700,000 | 106,800,000 | 72,600,000 | 86,000,000 | 133,400,000 | 101,500,000 | 72,500,000 | 86,500,000 | 122,300,000 | 93,600,000 | 62,400,000 | 71,400,000 | 98,500,000 | -63,300,000 | 76,500,000 | 15,000,000 | -103,000,000 | 8,500,000 | 7,000,000 | 99,700,000 | 360,899,684 | 75.6 | 103,000,000 | 137,400,000 | 56,999,676.3 | 103.1 | 78,400,000 | 142,200,000 | 31,503,000 | 100,404,000 | 74,139,000 | 135,654,000 |
other income | 500,000 | 1,000,000 | 2,800,000 | 151,000,000 | 8,100,000 | 28,800,000 | 42,400,000 | 1,100,000 | 2,300,000 | -21,600,000 | 16,100,000 | 48,200,000 | 6,099,993.9 | 6.1 | -19,000 | 6,519,000 | |||||||||||||||||||
cost of revenues | 51,400,000 | 25,300,000 | 40,600,000 | 51,400,000 | 43,800,000 | 23,100,000 | 33,100,000 | 47,500,000 | 35,700,000 | 25,900,000 | 32,800,000 | 43,200,000 | 33,200,000 | 22,700,000 | 26,400,000 | 34,200,000 | -27,100,000 | 33,700,000 | 3,600,000 | -36,600,000 | 4,300,000 | -800,000 | 43,600,000 | 120,199,897.2 | 24.6 | 32,300,000 | 45,900,000 | 20,399,908.3 | 25.9 | 24,400,000 | 41,400,000 | 9,621,000 | 27,221,000 | 21,569,000 | 36,589,000 |
selling, general and administrative expense | 88,700,000 | 51,300,000 | 47,100,000 | 54,100,000 | 34,600,000 | 40,800,000 | 39,500,000 | 55,500,000 | 36,100,000 | 41,600,000 | 41,800,000 | 48,800,000 | 17,400,000 | 48,700,000 | 32,300,000 | 46,600,000 | 25,675,000 | 38,800,000 | 33,100,000 | 22,200,000 | 25,600,000 | 25,100,000 | 38,100,000 | 133,399,898.1 | 33.7 | 33,100,000 | 35,100,000 | 22.5 | 29.7 | 28,000,000 | 32,300,000 | 25,979,000 | 29,411,000 | 34,545,000 | 31,965,000 |
depreciation and amortization expense | 8,300,000 | 8,700,000 | 7,600,000 | 6,400,000 | 7,100,000 | 7,100,000 | 7,000,000 | 7,100,000 | 9,800,000 | 8,800,000 | 12,900,000 | 13,500,000 | 16,500,000 | 14,700,000 | 14,000,000 | 14,300,000 | -24,600,000 | 12,200,000 | 12,100,000 | -25,800,000 | 12,200,000 | 12,200,000 | 12,800,000 | 51,999,960.7 | 12.9 | 13,200,000 | 13,200,000 | 12,599,965.8 | 11.4 | 11,400,000 | 11,400,000 | 10,950,000 | 10,848,000 | 10,827,000 | 10,575,000 |
intangible asset impairment charges | 1,575,000 | 6,300,000 | 14,850,000 | 59,400,000 | |||||||||||||||||||||||||||||||
operating income | -15,700,000 | -7,800,000 | 10,200,000 | 35,800,000 | 20,800,000 | -4,700,000 | 6,400,000 | 24,300,000 | 19,900,000 | -1,000,000 | -1,000,000 | 16,800,000 | 26,500,000 | 127,300,000 | 6,800,000 | 24,300,000 | 53,300,000 | -7,100,000 | -31,500,000 | 563,400,000 | -17,500,000 | 18,700,000 | -618,200,000 | -24,700,051.8 | -15.8 | 24,400,000 | 43,200,000 | -112,100,107.8 | 36.1 | 14,600,000 | 57,100,000 | -15,066,000 | 39,443,000 | 7,198,000 | 56,525,000 |
yoy | -175.48% | 65.96% | 59.38% | 47.33% | 4.52% | 370.00% | -740.00% | 44.64% | -24.91% | -100.79% | -114.71% | -30.86% | -50.28% | -1892.96% | -121.59% | -95.69% | -404.57% | -137.97% | -94.90% | -2380.97% | 110759393.67% | -23.36% | -1531.02% | -77.97% | -143.77% | 67.12% | -24.34% | 644.06% | -100.00% | 102.83% | 1.02% | ||||
qoq | 101.28% | -176.47% | -71.51% | 72.12% | -542.55% | -173.44% | -73.66% | 22.11% | -2090.00% | 0.00% | -105.95% | -36.60% | -79.18% | 1772.06% | -72.02% | -54.41% | -850.70% | -77.46% | -105.59% | -3319.43% | -193.58% | -103.02% | 2402.83% | 156329341.77% | -100.00% | -43.52% | -138.54% | -310526714.40% | -100.00% | -74.43% | -479.00% | -138.20% | 447.97% | -87.27% | |
interest expense | 9,800,000 | 10,700,000 | 10,900,000 | 17,400,000 | 11,400,000 | 12,300,000 | 12,000,000 | 12,100,000 | 11,800,000 | 12,100,000 | 11,400,000 | 8,000,000 | 9,000,000 | 6,800,000 | 4,600,000 | 3,900,000 | -8,200,000 | 3,900,000 | 4,100,000 | -12,400,000 | 4,200,000 | 5,600,000 | 6,700,000 | 30,299,976.7 | 7.5 | 7,800,000 | 8,000,000 | 7,999,978.9 | 7.3 | 7,300,000 | 6,500,000 | 5,066,000 | 6,737,000 | 16,849,000 | 9,648,000 |
interest income | 400,000 | 600,000 | 1,300,000 | 2,300,000 | 1,900,000 | 2,200,000 | 2,100,000 | 2,300,000 | 3,200,000 | 1,600,000 | 2,300,000 | 1,100,000 | 1,600,000 | 800,000 | |||||||||||||||||||||
income before income taxes | -25,000,000 | -17,900,000 | 600,000 | 20,700,000 | 11,300,000 | -14,800,000 | -3,500,000 | 14,500,000 | 11,400,000 | -11,600,000 | -12,500,000 | 9,800,000 | 19,300,000 | 121,200,000 | 2,200,000 | 20,400,000 | 61,000,000 | -11,000,000 | -35,600,000 | 575,800,000 | -21,700,000 | 13,100,000 | -624,900,000 | -55,000,028.5 | -23.3 | 16,600,000 | 35,200,000 | -120,100,086.7 | 28.8 | 7,300,000 | 50,600,000 | -22,916,000 | 32,706,000 | -9,867,000 | 46,877,000 |
provision for income taxes | 5,200,000 | -3,500,000 | 2,000,000 | 5,400,000 | -700,000 | 3,500,000 | 29,300,000 | -22,300,000 | -4,400,000 | 2,700,000 | -3,100,000 | 28,200,000 | 2,900,000 | -2,500,000 | -2,000,000 | 10,900,000 | 58,400,000 | -6,400,000 | 3,200,000 | -54,800,000 | 2.575 | -3.6 | 5,200,000 | 8,700,000 | -30,100,021.8 | 7.9 | 1,400,000 | 12,500,000 | -62,976,000 | 13,499,000 | -4,053,000 | 18,530,000 | |||
net loss attributable to emerald holding, inc. | -125,000 | -14,400,000 | |||||||||||||||||||||||||||||||||
accretion to redemption value of redeemable convertible preferred stock | -2,000,000 | -10,700,000 | -10,800,000 | -10,700,000 | -10,400,000 | -10,100,000 | -10,100,000 | -9,900,000 | -9,600,000 | -9,200,000 | 17,000,000 | -9,000,000 | |||||||||||||||||||||||
net loss attributable to emerald holding, inc. common stockholders | -30,200,000 | -14,400,000 | |||||||||||||||||||||||||||||||||
basic loss per share | -0.07 | -0.028 | -0.05 | -0.03 | -0.29 | -0.15 | -0.338 | -0.25 | |||||||||||||||||||||||||||
diluted loss per share | -0.07 | -0.028 | -0.05 | -0.03 | -0.29 | -0.15 | -0.338 | -0.25 | |||||||||||||||||||||||||||
basic weighted-average common shares outstanding | 198,729 | 197,950 | 198,650 | 200,596 | 156,592 | 203,893 | 155,915 | 63,039 | 63,959 | 63,586 | 62,868 | 67,280 | 69,002 | 68,433 | 69,816 | 70,171 | 70,088 | 71,033 | 71,938 | 71,413 | 71,484 | 71,444 | 71,381 | 71,719 | 71,796 | 71,905 | 71,825 | 72,868 | 73,063 | 72,896 | 72,715 | 68,912 | 72,202 | 69,102 | 61,866 |
diluted weighted-average common shares outstanding | 198,729 | 197,950 | 198,650 | 200,841 | 156,592 | 203,893 | 155,915 | 65,205 | 63,959 | 63,586 | 62,868 | 67,280 | 69,148 | 68,643 | 69,816 | 70,280 | 70,088 | 71,033 | 71,938 | 71,413 | 71,484 | 71,470 | 71,381 | 71,719 | 71,796 | 72,965 | 73,029 | 72,868 | 75,398 | 75,821 | 75,819 | 72,116 | 75,710 | 69,102 | 63,785 |
net income attributable to emerald holding, inc. | -1,400,000 | ||||||||||||||||||||||||||||||||||
net income attributable to emerald holding, inc. common stockholders | -1,400,000 | ||||||||||||||||||||||||||||||||||
basic income per share | -0.01 | 0.08 | -0.45 | -0.04 | 0.06 | 0.42 | -0.75 | ||||||||||||||||||||||||||||
diluted income per share | -0.01 | 0.08 | -0.45 | -0.04 | 0.06 | 0.41 | -0.75 | ||||||||||||||||||||||||||||
net income and comprehensive income attributable to emerald holding, inc. | 15,300,000 | 5,100,000 | -11,100,000 | -2,800,000 | 11,000,000 | 2,425,000 | 10,700,000 | 7,100,000 | |||||||||||||||||||||||||||
participation rights on if-converted basis | -200,000 | -8,300,000 | -54,700,000 | -8,600,000 | |||||||||||||||||||||||||||||||
net income and comprehensive income attributable to emerald holding, inc. common stockholders | 15,300,000 | 100,000 | -28,700,000 | -3,000,000 | 4,000,000 | 28,400,000 | -53,900,000 | ||||||||||||||||||||||||||||
loss on extinguishment of debt | 2,300,000 | 2,784,000 | 216,000 | ||||||||||||||||||||||||||||||||
other expense | 75,000 | 100,000 | 100,000 | 100,000 | 50,000 | 100,000 | |||||||||||||||||||||||||||||
benefit from income taxes | -225,000 | -3,700,000 | -2,200,000 | ||||||||||||||||||||||||||||||||
net loss and comprehensive loss attributable to emerald holding, inc. common stockholders | -3,900,000 | -11,100,000 | -4,800,000 | -18,500,000 | -10,300,000 | -24,275,000 | -18,000,000 | ||||||||||||||||||||||||||||
goodwill impairment charge | 6,300,000 | ||||||||||||||||||||||||||||||||||
intangible asset impairment charge | 1,600,000 | ||||||||||||||||||||||||||||||||||
net income and comprehensive (loss) income attributable to emerald holding, inc. | -8,100,000 | ||||||||||||||||||||||||||||||||||
net income and comprehensive income | 22,400,000 | 93,000,000 | 22,600,000 | -46,500,000 | -143,875,000 | -15,300,000 | 9,900,000 | -570,100,000 | 11,400,000 | 26,500,000 | -90,000,064.9 | 20.9 | 5,900,000 | 38,100,000 | 40,060,000 | 19,207,000 | -5,814,000 | 28,347,000 | |||||||||||||||||
net income and comprehensive (loss) income | -700,000 | 4.55 | -19.7 | ||||||||||||||||||||||||||||||||
net gain and comprehensive gain attributable to emerald holding, inc. common stockholders | 4,800,000 | ||||||||||||||||||||||||||||||||||
basic gain per share | 0.07 | ||||||||||||||||||||||||||||||||||
diluted gain per share | 0.07 | ||||||||||||||||||||||||||||||||||
net loss and comprehensive loss | -17,700,000 | -9,000,000 | |||||||||||||||||||||||||||||||||
balances at june 30, 2021 | 17,879.5 | 71,442 | |||||||||||||||||||||||||||||||||
stock-based compensation | 13.75 | ||||||||||||||||||||||||||||||||||
issuance of common stock under equity plans | 5 | ||||||||||||||||||||||||||||||||||
repurchase of common stock | -298.25 | ||||||||||||||||||||||||||||||||||
balances at september 30, 2021 | 17,600 | 71,442 | |||||||||||||||||||||||||||||||||
balances at december 31, 2020 | 18,048.75 | 71,445 | |||||||||||||||||||||||||||||||||
redeemable convertible preferred stock conversion | 1.25 | -3 | |||||||||||||||||||||||||||||||||
accretion on 7% series a convertible participating preferred stock | -7,400,000 | -1,775,000 | -7,000,000 | ||||||||||||||||||||||||||||||||
goodwill impairment charges | 141,000,000 | 564,000,000 | |||||||||||||||||||||||||||||||||
net income and comprehensive income attributable to emerald holding, inc. common shareholders | -145,650,000 | -22,300,000 | 9,600,000 | ||||||||||||||||||||||||||||||||
basic earnings per share | 7.25 | -0.31 | 0.13 | -7.99 | -0.95 | -0.27 | 0.16 | 0.37 | -2.13 | 0.29 | 0.08 | 0.52 | 0.57 | 0.27 | -0.08 | 0.46 | |||||||||||||||||||
diluted earnings per share | 7.25 | -0.31 | 0.13 | -7.99 | -0.95 | -0.27 | 0.16 | 0.36 | -2.1 | 0.28 | 0.08 | 0.5 | 0.54 | 0.25 | -0.08 | 0.44 | |||||||||||||||||||
accretion on and net income allocated to 7% series a convertible participating preferred stock | -300,000 | ||||||||||||||||||||||||||||||||||
goodwill and intangible asset impairment charges | 6.575 | 26.3 | |||||||||||||||||||||||||||||||||
dividend declared per common share | -0.143 | 0.073 | 0.073 | 0.07 | 0.035 | 0.07 | 0.07 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 100,900,000 | 95,400,000 | 156,400,000 | 276,800,000 | 194,800,000 | 188,900,000 | 193,200,000 | 186,800,000 | 204,200,000 | 200,300,000 | 204,700,000 | 217,300,000 | 239,100,000 | 366,100,000 | 181,700,000 | 254,400,000 | 231,200,000 | 303,600,000 | 302,800,000 | 293,600,000 | 295,300,000 | 326,700,000 | 218,600,000 | 50,000,000 | 9,600,000 | 13,600,000 | 12,400,000 | 10,900,000 | 20,500,000 | 13,800,000 | 34,500,000 | 27,000,000 | 10,900,000 | 14,021,000 | 9,945,000 | 15,850,000 |
trade and other receivables, net of allowances of 3.9 million and 1.6 million, as of december 31, 2025 and 2024, respectively | 99,000,000 | |||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 35,400,000 | 41,200,000 | 20,600,000 | 15,100,000 | 29,600,000 | 37,000,000 | 24,200,000 | 16,500,000 | 21,500,000 | 49,400,000 | 17,600,000 | 10,800,000 | 17,800,000 | 18,600,000 | 17,700,000 | 13,500,000 | 9,200,000 | 14,200,000 | 18,500,000 | |||||||||||||||||
total current assets | 235,300,000 | 231,900,000 | 279,000,000 | 413,600,000 | 306,900,000 | 312,300,000 | 311,300,000 | 326,400,000 | 310,900,000 | 328,300,000 | 314,500,000 | 332,900,000 | 331,800,000 | 467,500,000 | 329,100,000 | 354,100,000 | 290,100,000 | 351,700,000 | 358,600,000 | 356,800,000 | 352,300,000 | 388,100,000 | 312,500,000 | 117,500,000 | 93,700,000 | 102,600,000 | 100,800,000 | 115,500,000 | 103,000,000 | 113,100,000 | 127,000,000 | 142,600,000 | 93,500,000 | 121,613,000 | 93,987,000 | 114,792,000 |
noncurrent assets | ||||||||||||||||||||||||||||||||||||
intangible assets | 181,400,000 | 190,600,000 | 184,500,000 | 155,900,000 | 155,900,000 | 162,200,000 | 171,400,000 | 175,000,000 | 175,100,000 | 182,700,000 | 188,100,000 | 198,300,000 | 204,800,000 | 216,700,000 | 226,600,000 | 226,200,000 | 236,700,000 | 248,000,000 | 258,400,000 | 264,200,000 | 275,000,000 | 280,500,000 | 291,500,000 | 302,500,000 | 373,800,000 | 380,700,000 | 409,900,000 | 422,500,000 | 528,700,000 | 523,800,000 | 534,700,000 | |||||
goodwill | 783,600,000 | 781,400,000 | 726,700,000 | 601,800,000 | 573,800,000 | 573,400,000 | 567,500,000 | 565,700,000 | 553,900,000 | 553,900,000 | 553,900,000 | 553,900,000 | 545,500,000 | 545,500,000 | 537,500,000 | 513,900,000 | 514,200,000 | 407,900,000 | 407,900,000 | 404,300,000 | 404,300,000 | 416,300,000 | 416,300,000 | 416,300,000 | 980,300,000 | 1,027,200,000 | 1,036,500,000 | 1,036,500,000 | 1,036,500,000 | 1,005,800,000 | 993,100,000 | 993,100,000 | 993,700,000 | 971,537,000 | 971,537,000 | 960,683,000 |
other noncurrent assets | 12,500,000 | 4,000,000 | 4,100,000 | 4,200,000 | 3,900,000 | 3,300,000 | 3,200,000 | 3,400,000 | 3,700,000 | 3,800,000 | 3,400,000 | 3,400,000 | 3,500,000 | 2,600,000 | 2,600,000 | 2,400,000 | 2,600,000 | 2,400,000 | 2,300,000 | 2,100,000 | 2,900,000 | 1,500,000 | 1,200,000 | 2,900,000 | 1,400,000 | 1,300,000 | 1,700,000 | 1,700,000 | 1,500,000 | 1,700,000 | 1,600,000 | 1,900,000 | 1,900,000 | 1,658,000 | 2,010,000 | 977,000 |
total assets | 1,212,800,000 | 1,217,300,000 | 1,202,100,000 | 1,183,000,000 | 1,048,700,000 | 1,059,800,000 | 1,062,600,000 | 1,080,400,000 | 1,053,900,000 | 1,081,000,000 | 1,072,900,000 | 1,100,500,000 | 1,098,400,000 | 1,250,800,000 | 1,114,700,000 | 1,115,300,000 | 1,062,400,000 | 1,030,100,000 | 1,047,000,000 | 1,046,500,000 | 1,054,400,000 | 1,107,300,000 | 1,043,500,000 | 861,100,000 | 1,471,700,000 | 1,534,300,000 | 1,571,400,000 | 1,598,900,000 | 1,580,000,000 | 1,653,100,000 | 1,649,400,000 | 1,676,200,000 | 1,637,900,000 | 1,628,030,000 | 1,611,458,000 | 1,625,086,000 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||||||||
accounts payable and other current liabilities | 43,700,000 | 43,900,000 | 49,600,000 | 61,000,000 | 40,700,000 | 46,300,000 | 48,300,000 | 61,100,000 | 46,600,000 | 46,200,000 | 50,200,000 | 54,700,000 | 58,100,000 | 65,000,000 | 66,200,000 | 54,000,000 | 51,800,000 | 54,100,000 | 34,100,000 | 28,600,000 | 31,100,000 | 21,400,000 | 32,700,000 | 34,500,000 | 22,200,000 | 40,200,000 | 32,400,000 | 44,400,000 | 30,500,000 | 35,200,000 | 31,400,000 | 41,700,000 | 25,000,000 | 44,191,000 | 36,446,000 | 43,499,000 |
income tax payable | 2,100,000 | 1,100,000 | 1,700,000 | 1,900,000 | 1,900,000 | 200,000 | 1,100,000 | 2,300,000 | 1,200,000 | 28,000,000 | ||||||||||||||||||||||||||
cancelled event liabilities | 1,000,000 | 1,000,000 | 1,100,000 | 1,200,000 | 1,200,000 | 1,700,000 | 600,000 | 800,000 | 600,000 | 700,000 | 2,700,000 | 4,400,000 | 4,400,000 | 6,300,000 | 9,800,000 | 21,600,000 | 8,500,000 | 13,700,000 | 25,900,000 | 24,900,000 | 45,600,000 | 72,100,000 | ||||||||||||||
deferred revenues | 219,200,000 | 229,000,000 | 199,900,000 | 185,200,000 | 190,500,000 | 190,200,000 | 175,500,000 | 175,300,000 | 174,300,000 | 175,800,000 | 162,400,000 | 161,800,000 | 151,200,000 | 166,700,000 | 143,500,000 | 139,300,000 | 118,100,000 | 83,000,000 | 119,200,000 | 73,500,000 | 48,600,000 | 64,700,000 | 82,900,000 | 86,000,000 | 187,300,000 | 149,000,000 | 162,200,000 | 173,900,000 | 192,400,000 | 158,200,000 | 180,200,000 | 179,700,000 | 192,600,000 | 143,743,000 | 160,979,000 | 153,240,000 |
contingent consideration | 12,200,000 | 1,500,000 | 2,700,000 | 2,800,000 | 700,000 | 200,000 | 500,000 | 100,000 | 200,000 | 300,000 | 500,000 | 3,700,000 | 3,500,000 | 28,500,000 | 32,700,000 | 36,300,000 | ||||||||||||||||||||
right-of-use lease liabilities, current portion | 5,300,000 | 5,300,000 | 4,500,000 | 4,100,000 | 4,000,000 | 3,900,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,300,000 | 4,400,000 | 4,800,000 | 4,900,000 | 4,900,000 | 4,700,000 | 4,500,000 | 4,700,000 | 4,500,000 | 4,100,000 | 4,200,000 | 4,300,000 | 4,300,000 | 4,300,000 | 4,300,000 | 4,100,000 | 3,900,000 | 4,100,000 | 3,900,000 | ||||||||
term loan, current portion | 5,200,000 | 5,200,000 | 5,200,000 | 3,900,000 | 4,200,000 | 4,200,000 | 4,200,000 | 4,200,000 | 4,200,000 | 4,200,000 | 4,200,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,700,000 | 5,650,000 | 5,650,000 | 8,744,000 | ||
total current liabilities | 288,700,000 | 287,000,000 | 264,700,000 | 260,100,000 | 241,300,000 | 246,500,000 | 233,100,000 | 247,400,000 | 230,100,000 | 231,500,000 | 225,500,000 | 230,200,000 | 222,200,000 | 303,200,000 | 257,200,000 | 246,100,000 | 190,100,000 | 168,900,000 | 171,600,000 | 125,700,000 | 115,600,000 | 121,000,000 | 171,200,000 | 202,600,000 | 229,300,000 | 204,800,000 | 209,400,000 | 252,900,000 | 268,600,000 | 199,100,000 | 217,300,000 | 227,100,000 | 223,300,000 | 193,584,000 | 203,075,000 | 220,483,000 |
noncurrent liabilities | ||||||||||||||||||||||||||||||||||||
term loan, net of discount and deferred financing fees | 498,600,000 | 499,800,000 | 501,600,000 | 502,700,000 | 398,500,000 | 398,600,000 | 398,600,000 | 398,700,000 | 398,700,000 | 398,800,000 | 398,900,000 | 414,200,000 | 413,900,000 | 507,600,000 | 508,700,000 | 509,800,000 | 510,900,000 | 512,000,000 | 513,100,000 | 514,200,000 | 515,300,000 | 516,400,000 | 517,500,000 | 518,600,000 | 519,700,000 | 520,800,000 | 522,000,000 | 523,100,000 | 524,200,000 | 525,400,000 | 526,500,000 | 547,400,000 | 548,500,000 | 549,023,000 | 550,135,000 | 691,889,000 |
deferred tax liabilities | 17,600,000 | 16,200,000 | 12,600,000 | 5,400,000 | 4,900,000 | 5,700,000 | 5,700,000 | 5,500,000 | 3,100,000 | 2,400,000 | 2,600,000 | 2,800,000 | 1,800,000 | 2,000,000 | 1,700,000 | 1,400,000 | 1,500,000 | 2,300,000 | 3,800,000 | 1,900,000 | 1,900,000 | 2,400,000 | 4,000,000 | 2,100,000 | 60,000,000 | 75,300,000 | 79,500,000 | 70,700,000 | 75,400,000 | 105,400,000 | 100,400,000 | 100,700,000 | 100,200,000 | 163,224,000 | 151,046,000 | 154,227,000 |
other noncurrent liabilities | 69,100,000 | 40,400,000 | 29,700,000 | 18,100,000 | 12,600,000 | 11,500,000 | 10,400,000 | 12,300,000 | 8,500,000 | 9,200,000 | 10,000,000 | 12,300,000 | 10,800,000 | 10,200,000 | 7,500,000 | 7,700,000 | 32,100,000 | 11,800,000 | 11,300,000 | 11,100,000 | 13,700,000 | 6,200,000 | 5,900,000 | 6,300,000 | 6,800,000 | 2,300,000 | 2,500,000 | 2,700,000 | 3,500,000 | 2,700,000 | 2,600,000 | 2,900,000 | 4,700,000 | 1,714,000 | 1,616,000 | 1,638,000 |
total liabilities | 874,000,000 | 847,800,000 | 812,700,000 | 790,900,000 | 662,800,000 | 668,700,000 | 655,000,000 | 671,900,000 | 649,300,000 | 651,800,000 | 647,600,000 | 668,900,000 | 659,100,000 | 834,500,000 | 787,000,000 | 777,000,000 | 747,900,000 | 709,000,000 | 713,800,000 | 665,600,000 | 659,900,000 | 660,200,000 | 713,700,000 | 794,300,000 | 831,500,000 | 819,400,000 | 829,400,000 | 866,000,000 | 871,700,000 | 832,600,000 | 846,800,000 | 878,100,000 | 876,700,000 | 907,545,000 | 905,872,000 | 1,068,237,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||
common stock, 0.01 par value... | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | 722,000 | 722,000 | 619,000 |
additional paid-in capital | 1,016,400,000 | 1,017,700,000 | 1,018,100,000 | 1,024,900,000 | 1,034,000,000 | 1,044,300,000 | 1,049,700,000 | 550,000,000 | 559,200,000 | 568,100,000 | 577,000,000 | 585,500,000 | 610,300,000 | 619,700,000 | 634,000,000 | 645,200,000 | 653,200,000 | 661,800,000 | 1,088,800,000 | 1,090,000,000 | 1,088,300,000 | 1,082,900,000 | 950,500,000 | 697,900,000 | 701,100,000 | 698,400,000 | 696,700,000 | 693,100,000 | 689,700,000 | 687,100,000 | 684,800,000 | 680,900,000 | 677,100,000 | 671,316,000 | 670,570,000 | 511,068,000 |
accumulated other comprehensive income | 1,200,000 | 400,000 | 5,500,000 | |||||||||||||||||||||||||||||||||
accumulated deficit | -680,800,000 | -650,600,000 | -636,200,000 | -634,800,000 | -650,100,000 | -655,200,000 | -644,100,000 | -641,300,000 | -652,300,000 | -634,400,000 | -645,100,000 | -637,000,000 | -644,100,000 | -666,500,000 | -759,500,000 | -750,700,000 | -773,300,000 | -766,000,000 | -757,000,000 | -710,500,000 | -695,200,000 | -637,200,000 | -621,900,000 | -631,800,000 | ||||||||||||
total stockholders’ equity | 338,800,000 | 369,500,000 | 389,400,000 | 392,100,000 | 385,900,000 | 391,100,000 | 407,600,000 | -103,500,000 | 333,200,000 | 380,900,000 | 394,500,000 | |||||||||||||||||||||||||
total liabilities and stockholders’ equity | 1,212,800,000 | 1,217,300,000 | 1,202,100,000 | 1,183,000,000 | 1,047,000,000 | 1,046,500,000 | 1,054,400,000 | |||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 2.6 million and 1.6 million as of september 30, 2025 and december 31, 2024, respectively | 95,300,000 | |||||||||||||||||||||||||||||||||||
property and equipment | 2,000,000 | 1,700,000 | 1,700,000 | 1,800,000 | 1,700,000 | 1,500,000 | 1,600,000 | 1,500,000 | 1,700,000 | 1,900,000 | 2,000,000 | 2,200,000 | 4,000,000 | 4,200,000 | 4,400,000 | 3,700,000 | 3,800,000 | 3,800,000 | 3,900,000 | 3,900,000 | 4,100,000 | 4,400,000 | 4,500,000 | 4,200,000 | 3,800,000 | 3,600,000 | 3,600,000 | 3,700,000 | 3,800,000 | 3,900,000 | 3,900,000 | 3,800,000 | 3,471,000 | 3,626,000 | 3,720,000 | |
right-of-use lease assets | 7,400,000 | 6,100,000 | 5,800,000 | 6,400,000 | 6,900,000 | 7,700,000 | 8,300,000 | 8,800,000 | 10,600,000 | 11,100,000 | 10,000,000 | 10,600,000 | 14,500,000 | 14,700,000 | 14,300,000 | 15,100,000 | 16,300,000 | 16,000,000 | 15,200,000 | 16,000,000 | 16,800,000 | 17,600,000 | 17,400,000 | 18,300,000 | 18,700,000 | 18,900,000 | 19,100,000 | |||||||||
right-of-use lease liabilities, noncurrent portion | 4,400,000 | 4,100,000 | 4,600,000 | 5,500,000 | 6,400,000 | 7,200,000 | 8,000,000 | 8,900,000 | 9,900,000 | 10,600,000 | 9,400,000 | 10,400,000 | 11,500,000 | 11,900,000 | 12,000,000 | 13,300,000 | 14,000,000 | 14,000,000 | 12,700,000 | 13,400,000 | 14,200,000 | 15,100,000 | 14,700,000 | 15,700,000 | ||||||||||||
trade and other receivables, net of allowances of 2.1 million and 1.6 million as of june 30, 2025 and december 31, 2024, respectively | 102,000,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.9 million and 1.6 million as of march 31, 2025 and december 31, 2024, respectively | 121,700,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.6 million and 1.4 million, as of december 31, 2024 and 2023, respectively | 82,500,000 | |||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock and stockholders’ equity | ||||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock | ||||||||||||||||||||||||||||||||||||
7% series a convertible participating preferred stock, 0.01 par value... | 497,100,000 | 472,400,000 | 433,900,000 | 700,000 | 700,000 | 700,000 | 700,000 | 500,000 | ||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock and stockholders’ equity | 1,048,700,000 | 1,059,800,000 | 1,062,600,000 | 1,030,100,000 | ||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.6 million and 1.4 million as of september 30, 2024 and december 31, 2023, respectively | 86,400,000 | |||||||||||||||||||||||||||||||||||
7% series a redeemable convertible participating preferred stock, 0.01 par value... | 499,200,000 | 494,900,000 | 492,800,000 | 482,500,000 | 462,400,000 | 452,500,000 | 443,100,000 | 424,600,000 | ||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.6 million and 1.4 million as of june 30, 2024 and december 31, 2023, respectively | 93,900,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.5 million and 1.4 million as of march 31, 2024 and december 31, 2023, respectively | 123,100,000 | |||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock and stockholders’ deficit | ||||||||||||||||||||||||||||||||||||
stockholders’ deficit | ||||||||||||||||||||||||||||||||||||
total stockholders’ deficit | -90,700,000 | -92,500,000 | -65,700,000 | -67,500,000 | -50,900,000 | -33,100,000 | -46,100,000 | -124,800,000 | -104,800,000 | -119,400,000 | ||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock and stockholders’ deficit | 1,080,400,000 | 1,053,900,000 | 1,081,000,000 | 1,072,900,000 | 1,100,500,000 | 1,098,400,000 | 1,250,800,000 | 1,114,700,000 | 1,115,300,000 | 1,062,400,000 | ||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.4 million and 1.5 million, as of december 31, 2023 and 2022, respectively | 85,200,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.6 million and 1.5 million as of september 30, 2023 and december 31, 2022, respectively | 78,600,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.5 million as of june 30, 2023 and december 31, 2022, respectively | 92,200,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.5 million as of march 31, 2023 and december 31, 2022 | 104,800,000 | |||||||||||||||||||||||||||||||||||
canceled event liabilities | 2,900,000 | 3,300,000 | ||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.5 million and 1.2 million, as of december 31, 2022 and 2021, respectively | 74,900,000 | |||||||||||||||||||||||||||||||||||
stockholders' deficit | ||||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.5 million and 1.2 million as of september 30, 2022 and december 31, 2021, respectively | 82,800,000 | |||||||||||||||||||||||||||||||||||
marketable securities | 50,000,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.4 million and 1.2 million as of june 30, 2022 and december 31, 2021, respectively | 79,700,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.3 million and 1.2 million as of march 31, 2022 and december 31, 2021, respectively | 86,200,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.2 million and 1.1 million, as of december 31, 2021 and 2020, respectively | 46,400,000 | |||||||||||||||||||||||||||||||||||
insurance receivables | 2,400,000 | 17,800,000 | 9,500,000 | 33,200,000 | ||||||||||||||||||||||||||||||||
prepaid expenses | 12,500,000 | 8,500,000 | 11,500,000 | 8,800,000 | 6,500,000 | 24,000,000 | 12,700,000 | 13,100,000 | 10,500,000 | 19,800,000 | 13,400,000 | 13,200,000 | 11,800,000 | 19,900,000 | 11,364,000 | 14,011,000 | 14,097,000 | |||||||||||||||||||
trade and other receivables, net of allowances of 0.9 million and 1.1 million as of september 30, 2021 and december 31, 2020, respectively | 38,900,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 0.9 million and 1.1 million as of june 30, 2021 and december 31, 2020, respectively | 41,600,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 0.8 million and 1.1 million as of march 31, 2021 and december 31, 2020, respectively | 42,300,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 1.1 million and 0.7 million, as of december 31, 2020 and 2019, respectively | 30,700,000 | |||||||||||||||||||||||||||||||||||
revolving credit facility | 10,000,000 | 6,000,000 | 5,000,000 | 25,000,000 | 40,000,000 | 15,000,000 | ||||||||||||||||||||||||||||||
trade and other receivables, net of allowances of 0.6 million and 0.7 million as of september 30, 2020 and december 31, 2019, respectively | 40,400,000 | |||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||
shareholders’ equity | ||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 447,100,000 | 329,800,000 | 66,800,000 | 640,200,000 | 714,900,000 | 742,000,000 | 732,900,000 | 708,300,000 | 820,500,000 | 802,600,000 | 798,100,000 | 761,200,000 | 720,485,000 | 705,586,000 | 556,849,000 | |||||||||||||||||||||
total liabilities and shareholders’ equity | 1,107,300,000 | 1,043,500,000 | 861,100,000 | 1,471,700,000 | 1,534,300,000 | 1,571,400,000 | 1,598,900,000 | 1,580,000,000 | 1,653,100,000 | 1,649,400,000 | 1,676,200,000 | 1,637,900,000 | 1,628,030,000 | 1,611,458,000 | 1,625,086,000 | |||||||||||||||||||||
trade and other receivables, net of allowances of 0.8 million and 0.7 million as of june 30, 2020 and december 31, 2019, respectively | 51,900,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 0.7 million as of march 31, 2020 and december 31, 2019 | 61,000,000 | |||||||||||||||||||||||||||||||||||
revolving credit facility, short-term | ||||||||||||||||||||||||||||||||||||
revolving credit facility, long-term | 50,000,000 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value... | ||||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 0.7 million and 0.9 million, as of december 31, 2019 and 2018, respectively | 60,100,000 | |||||||||||||||||||||||||||||||||||
(accumulated deficit) retained earnings | -61,600,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 1.3 million and 0.9 million as of september 30, 2019 and december 31, 2018, respectively | 76,300,000 | |||||||||||||||||||||||||||||||||||
right-of-use lease liabilities | 16,200,000 | 16,000,000 | 16,600,000 | |||||||||||||||||||||||||||||||||
retained earnings | 15,800,000 | 44,600,000 | 39,100,000 | 17,900,000 | 132,700,000 | 117,100,000 | 116,500,000 | 83,400,000 | 48,447,000 | 34,294,000 | 45,162,000 | |||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 1.1 million and 0.9 million as of june 30, 2019 and december 31, 2018, respectively | 75,300,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 1.0 million and 0.9 million as of march 31, 2019 and december 31, 2018, respectively | 94,100,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 0.9 and 0.8 million, as of december 31, 2018 and 2017, respectively | 62,700,000 | |||||||||||||||||||||||||||||||||||
other intangible assets | 435,300,000 | 545,000,000 | 529,751,000 | 540,298,000 | 544,914,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 0.7 million and 0.8 million as of september 30, 2018 and december 31, 2017, respectively | 85,900,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 0.6 million and 0.8 million as of june 30, 2018 and december 31, 2017, respectively. | 79,300,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 0.8 as of march 31, 2018 and december 31, 2017 | 103,800,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 0.8 and 0.7 as of december 31, 2017 and 2016, respectively | 62,700,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 589 and 693 as of september 30, 2017 and december 31, 2016, respectively | 96,228,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 523 and 693 as of june 30, 2017 and december 31, 2016, respectively | 70,031,000 | |||||||||||||||||||||||||||||||||||
trade and other receivables, net of allowance for doubtful accounts of 736 and 693 as of march 31, 2017 and december 31, 2016, respectively | 84,845,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | ||||||||||||||||||||||||||||
net income | -1,400,000 | 15,300,000 | 5,100,000 | -11,100,000 | -2,800,000 | 11,000,000 | -17,900,000 | 10,700,000 | -8,100,000 | 7,100,000 | 22,400,000 | 93,000,000 | -7,200,000 | 22,600,000 | -15,300,000 | -560,199,429.9 | -570.1 | 40,060,000 | 19,207,000 | -5,814,000 | 28,347,000 | |||||||
adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||||||||||||||
stock-based compensation | 2,800,000 | 2,900,000 | 3,000,000 | 2,600,000 | 1,100,000 | 700,000 | 1,500,000 | 2,500,000 | 1,900,000 | 2,000,000 | 1,800,000 | 2,100,000 | ||||||||||||||||
allowance for credit losses | 1,100,000 | 800,000 | 600,000 | 300,000 | 100,000 | 100,000 | 100,000 | 200,000 | -100,000 | 200,000 | 100,000 | 100,000 | ||||||||||||||||
depreciation and amortization | 8,300,000 | 8,700,000 | 7,600,000 | 6,400,000 | 7,100,000 | 7,100,000 | 7,000,000 | 7,100,000 | 9,800,000 | 8,800,000 | 12,900,000 | 13,500,000 | 16,500,000 | 14,700,000 | 14,000,000 | 14,300,000 | 11,500,000 | 12,200,000 | 12,100,000 | 11,800,000 | 11,400,000 | 12,200,000 | 24,999,987.2 | 12.8 | 10,950,000 | 10,848,000 | 10,827,000 | 10,575,000 |
intangible asset impairments | 1,000,000 | 17,400,000 | 0 | 59,399,940.6 | 59.4 | |||||||||||||||||||||||
loss on disposal of fixed assets and lease abandonment | ||||||||||||||||||||||||||||
non-cash operating lease expense | 900,000 | 700,000 | 600,000 | 600,000 | 600,000 | 700,000 | 500,000 | 600,000 | 700,000 | 600,000 | 600,000 | 700,000 | 900,000 | 900,000 | 800,000 | 800,000 | 900,000 | 800,000 | 800,000 | 800,000 | 900,000 | 700,000 | 1,699,999.2 | 0.8 | ||||
amortization of deferred financing fees and debt discount | 200,000 | 200,000 | 300,000 | 700,000 | 1,000,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,000,000 | 500,000 | 400,000 | 700,000 | 400,000 | 300,000 | 300,000 | 400,000 | 300,000 | 400,000 | 400,000 | 400,000 | 400,000 | 699,999.6 | 0.4 | 912,000 | |||
loss on extinguishment of debt | 0 | 0 | ||||||||||||||||||||||||||
deferred income taxes | 2,100,000 | 400,000 | 2,500,000 | -900,000 | -800,000 | 100,000 | 100,000 | 2,400,000 | 700,000 | -200,000 | -200,000 | 1,000,000 | -200,000 | 300,000 | 400,000 | -200,000 | -800,000 | -1,500,000 | -400,000 | -1,700,000 | -55,999,942.1 | -57.9 | -63,075,000 | 12,178,000 | -3,181,000 | 14,178,000 | ||
remeasurement of contingent consideration | 37,100,000 | 5,100,000 | 500,000 | 3,100,000 | -500,000 | 0 | -2,200,000 | 1,500,000 | 200,000 | -1,900,000 | -24,000,000 | -3,500,000 | -10,200,000 | 4,400,000 | -600,000 | 1,100,000 | 1,100,000 | 400,000 | 900,000 | 200,000 | ||||||||
changes in operating assets and liabilities, net of effect of businesses acquired: | ||||||||||||||||||||||||||||
trade and other receivables | -4,900,000 | 11,800,000 | 33,500,000 | -34,700,000 | 4,300,000 | 7,900,000 | 28,500,000 | -36,200,000 | -6,400,000 | 13,300,000 | 12,600,000 | -28,100,000 | 7,900,000 | -3,200,000 | 10,200,000 | -39,800,000 | -7,300,000 | 2,600,000 | 700,000 | -11,600,000 | 11,100,000 | 11,500,000 | 8,000,000.9 | -0.9 | 38,180,000 | -26,381,000 | 14,814,000 | -27,313,000 |
insurance receivables | 0 | 0 | 2,400,000 | 15,400,000 | -8,300,000 | 23,700,000 | ||||||||||||||||||||||
prepaid expenses and other assets | ||||||||||||||||||||||||||||
accounts payable and other liabilities | ||||||||||||||||||||||||||||
cancelled event liabilities | 0 | -100,000 | -500,000 | 200,000 | -100,000 | -2,000,000 | 0 | -1,900,000 | -3,500,000 | -11,800,000 | 13,100,000 | -5,200,000 | -12,200,000 | 1,000,000 | -20,700,000 | 45,599,927.9 | 72.1 | |||||||||||
contingent consideration | 0 | 0 | 0 | -200,000 | 0 | 0 | 0 | -200,000 | 0 | 0 | ||||||||||||||||||
income tax payable | 3,300,000 | -4,800,000 | -5,900,000 | 7,000,000 | 6,400,000 | -3,800,000 | -6,800,000 | 1,700,000 | 27,100,000 | -25,600,000 | -5,300,000 | 1,100,000 | -27,100,000 | 26,900,000 | 3,800,000 | -2,200,000 | -100,000 | -400,000 | -4,900,000 | 3,399,998 | 2 | |||||||
deferred revenues | -10,700,000 | 14,800,000 | -19,300,000 | -14,900,000 | 300,000 | 12,500,000 | -400,000 | -3,700,000 | -1,500,000 | 13,500,000 | 500,000 | 7,000,000 | -15,600,000 | 23,300,000 | 1,000,000 | 21,200,000 | 33,700,000 | -36,200,000 | 45,100,000 | 24,900,000 | -17,300,000 | -18,300,000 | -104,399,898.7 | -101.3 | 35,215,000 | -17,243,000 | 7,528,000 | -20,100,000 |
operating lease liabilities | -1,100,000 | -1,200,000 | -900,000 | -900,000 | -800,000 | -800,000 | -800,000 | -900,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,100,000 | -1,100,000 | -900,000 | -1,100,000 | -1,600,000 | -200,000 | -800,000 | -200,000 | -800,000 | -900,000 | -800,000 | -1,499,999.2 | -0.8 | ||||
net cash from operating activities | 12,300,000 | 1,800,000 | 15,900,000 | 12,600,000 | 20,600,000 | 9,100,000 | 9,800,000 | 7,300,000 | 15,600,000 | 8,500,000 | 7,300,000 | 8,900,000 | -23,600,000 | 153,500,000 | 12,200,000 | 33,000,000 | 53,700,000 | 9,600,000 | 25,100,000 | 1,600,000 | 5,600,000 | -20,100,000 | -22,600,008.8 | 8.8 | 43,960,000 | 10,763,000 | 27,268,000 | 28,809,000 |
capital expenditures | -600,000 | -300,000 | -100,000 | -200,000 | -700,000 | -100,000 | -200,000 | 200,000 | -100,000 | 0 | -200,000 | -300,000 | -300,000 | -400,000 | -100,000 | -1,000,000 | -500,000 | -400,000 | -200,000 | -400,000 | 0 | -100,000 | -799,999.5 | -0.5 | -570,000 | -52,000 | -117,000 | -161,000 |
free cash flows | 11,700,000 | 1,500,000 | 15,800,000 | 12,400,000 | 19,900,000 | 9,000,000 | 9,600,000 | 7,500,000 | 15,500,000 | 8,500,000 | 7,100,000 | 8,600,000 | -23,900,000 | 153,100,000 | 12,100,000 | 32,000,000 | 53,200,000 | 9,200,000 | 24,900,000 | 1,200,000 | 5,600,000 | -20,200,000 | -23,400,008.3 | 8.3 | 43,390,000 | 10,711,000 | 27,151,000 | 28,648,000 |
investing activities | ||||||||||||||||||||||||||||
acquisition of businesses, net of cash acquired | -2,600,000 | -50,800,000 | -121,900,000 | -19,600,000 | 0 | -3,500,000 | -1,100,000 | -11,600,000 | 0 | 0 | 0 | -9,500,000 | ||||||||||||||||
working capital adjustment received from seller | ||||||||||||||||||||||||||||
purchases of property and equipment | -600,000 | -300,000 | -100,000 | -200,000 | -700,000 | -100,000 | -200,000 | -300,000 | -100,000 | 0 | -200,000 | -300,000 | -300,000 | -400,000 | -100,000 | -1,000,000 | -500,000 | -400,000 | -200,000 | -400,000 | 0 | -100,000 | -799,999.5 | -0.5 | -570,000 | -52,000 | -117,000 | -161,000 |
purchases of intangible assets | -1,600,000 | -1,900,000 | -2,000,000 | -1,600,000 | -1,500,000 | -2,300,000 | -2,500,000 | -2,200,000 | -2,000,000 | -3,000,000 | -2,500,000 | -3,400,000 | -2,500,000 | -2,200,000 | -1,600,000 | -2,200,000 | -2,000,000 | -1,400,000 | -1,100,000 | -600,000 | -900,000 | -700,000 | -1,499,999.4 | -0.6 | -1,709,000 | -93,000 | -174,000 | -124,000 |
net cash from investing activities | -2,100,000 | -53,000,000 | -126,700,000 | -21,400,000 | -2,200,000 | -5,900,000 | -2,800,000 | -14,100,000 | -2,100,000 | -3,000,000 | -2,700,000 | -13,200,000 | -2,800,000 | 38,200,000 | -80,100,000 | -3,200,000 | -120,800,000 | -1,800,000 | -8,300,000 | -1,000,000 | -34,200,000 | -800,000 | -2,299,998.9 | -1.1 | -39,299,000 | -145,000 | -16,638,000 | -39,418,000 |
financing activities | ||||||||||||||||||||||||||||
payment of contingent consideration for acquisition of businesses | 0 | -2,800,000 | 0 | -400,000 | 0 | 0 | 0 | 0 | -100,000 | -4,300,000 | ||||||||||||||||||
proceeds from second amended and restated term loan facility | 0 | 0 | 0 | 275,400,000 | ||||||||||||||||||||||||
repayment of principal on previous extended term loan facility | ||||||||||||||||||||||||||||
repayment of principal on second amended and restated term loan facility | -1,300,000 | |||||||||||||||||||||||||||
repayment of principal on amended and restated term loan facility | 0 | 0 | ||||||||||||||||||||||||||
proceeds from previous extended term loan facility | ||||||||||||||||||||||||||||
original issuance discount | 0 | -700,000 | 0 | -1,300,000 | 0 | 0 | ||||||||||||||||||||||
fees paid for debt issuance | 0 | 0 | -400,000 | -1,700,000 | 0 | -400,000 | -1,000,000 | -600,000 | -2,217,000 | 0 | ||||||||||||||||||
repurchase of common stock | -1,300,000 | -500,000 | -6,900,000 | -8,800,000 | -8,400,000 | -3,600,000 | 0 | -1,800,000 | 0 | 0 | 0 | -16,900,000 | -200,000 | -5,900,000 | -3,400,000 | -900,000 | -1,700,000 | -5,600,000 | -4,200,000 | -900,000 | -800,000 | 0 | -99,999.9 | -0.1 | ||||
dividends on common stock | -2,900,000 | -3,000,000 | -3,000,000 | -3,000,000 | -3,000,000 | |||||||||||||||||||||||
preferred stock cash dividend | 0 | 0 | 0 | -8,600,000 | -8,600,000 | |||||||||||||||||||||||
proceeds from issuance of common stock under equity plans | 100,000 | 200,000 | 100,000 | 100,000 | 0 | 200,000 | 400,000 | 900,000 | 100,000 | 0 | 0 | 0 | 0 | 100,000 | 99,999.9 | 0.1 | ||||||||||||
net cash from financing activities | -5,400,000 | -8,100,000 | -10,200,000 | 90,800,000 | -12,500,000 | -7,500,000 | -600,000 | -10,600,000 | -9,600,000 | -9,900,000 | -17,200,000 | -17,500,000 | -100,600,000 | -7,300,000 | -4,800,000 | -6,600,000 | -5,300,000 | -7,000,000 | -7,600,000 | -2,300,000 | -2,800,000 | 129,000,000 | 233,899,967.3 | 32.7 | -7,740,000 | -6,542,000 | -16,535,000 | 11,517,000 |
effect of foreign exchange rates on cash and cash equivalents | 700,000 | -1,700,000 | ||||||||||||||||||||||||||
net decrease in cash and cash equivalents | 5,500,000 | -61,000,000 | -4,300,000 | 6,400,000 | -17,400,000 | |||||||||||||||||||||||
cash and cash equivalents | ||||||||||||||||||||||||||||
beginning of year | 14,942,000 | |||||||||||||||||||||||||||
end of year | 15,850,000 | |||||||||||||||||||||||||||
net loss | -7,300,000 | -9,000,000 | -46,500,000 | -15,300,000 | ||||||||||||||||||||||||
adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||||||||||||||||||||||
loss on lease abandonment | 0 | |||||||||||||||||||||||||||
prepaid expenses and other current assets | -15,300,000 | 4,900,000 | 11,300,000 | 1,100,000 | -8,800,000 | -2,600,000 | 6,100,000 | 900,000 | -7,300,000 | -2,700,000 | 7,200,000 | -600,000 | -7,000,000 | 1,100,000 | 5,000,000 | 4,400,000 | -10,000,000 | |||||||||||
other noncurrent assets | 100,000 | 0 | 400,000 | 200,000 | 100,000 | 0 | -500,000 | 0 | 100,000 | 0 | 0 | -300,000 | 200,000 | -200,000 | -100,000 | -300,000 | 700,000 | -1,500,000 | -1.5 | -453,000 | 0 | 2,000 | 551,000 | |||||
accounts payable and other current liabilities | -7,800,000 | -10,900,000 | 16,500,000 | -5,400,000 | -3,400,000 | -13,100,000 | 14,000,000 | 400,000 | -3,800,000 | -4,600,000 | -3,000,000 | -8,100,000 | -500,000 | 10,100,000 | 4,700,000 | -2,400,000 | 19,400,000 | 5,400,000 | -3,200,000 | 5,800,000 | -7,400,000 | 7,299,989.4 | 10.6 | -16,956,000 | 7,597,000 | 2,160,000 | 10,499,000 | |
other noncurrent liabilities | -100,000 | 1,600,000 | -400,000 | -300,000 | -200,000 | -1,100,000 | 700,000 | -1,300,000 | 1,000,000 | -300,000 | 1,200,000 | -300,000 | 600,000 | -1,800,000 | 700,000 | -600,000 | -2,800,000 | -2,300,000 | 300,000 | 3,984,000 | 225,000 | 29,000 | -738,000 | |||||
escrow payment for business acquisition | 0 | |||||||||||||||||||||||||||
repayment of principal on extended term loan facility | 0 | 0 | -169,500,000 | -1,100,000 | -1,000,000 | -1,000,000 | -1,100,000 | -1,100,000 | ||||||||||||||||||||
beginning of period | 0 | 0 | 194,800,000 | 0 | 0 | 204,200,000 | 0 | 0 | 239,100,000 | 0 | 0 | 231,200,000 | 0 | 0 | 295,300,000 | 0 | 9,599,990.4 | 9.6 | 0 | |||||||||
end of period | -61,000,000 | -120,400,000 | 276,800,000 | -4,300,000 | 6,400,000 | 186,800,000 | -4,400,000 | -12,600,000 | 217,300,000 | 184,400,000 | -72,700,000 | 254,400,000 | 800,000 | 9,200,000 | 293,600,000 | 108,100,000 | 218,599,950 | 50 | 4,076,000 | |||||||||
working capital adjustment receivable from seller | 0 | 0 | ||||||||||||||||||||||||||
net increase in cash and cash equivalents | 82,000,000 | 3,900,000 | -21,800,000 | -127,000,000 | 184,400,000 | -72,700,000 | 23,200,000 | -72,400,000 | 800,000 | 9,200,000 | -1,700,000 | -31,400,000 | 108,100,000 | 208,999,959.6 | 40.4 | 4,076,000 | -5,905,000 | 908,000 | ||||||||||
goodwill impairments | 39,400,000 | 0 | 563,999,436 | 564 | ||||||||||||||||||||||||
loss on disposal of fixed assets | 0 | 0 | 0 | 200,000 | ||||||||||||||||||||||||
purchase of marketable securities | 0 | 0 | ||||||||||||||||||||||||||
proceeds from maturity of marketable securities | 0 | |||||||||||||||||||||||||||
proceeds from extended term loan facility | 0 | 0 | ||||||||||||||||||||||||||
supplemental disclosure of non-cash investing activities: | ||||||||||||||||||||||||||||
unpaid purchases of property and equipment and intangible assets | 500,000 | |||||||||||||||||||||||||||
payment of deferred consideration for acquisition of businesses | -2,200,000 | 0 | -300,000 | 0 | -499,999.5 | -0.5 | ||||||||||||||||||||||
supplemental disclosure of non-cash financing activities: | ||||||||||||||||||||||||||||
amended and restated term loan facility | ||||||||||||||||||||||||||||
extended term loan facility | ||||||||||||||||||||||||||||
canceled event liabilities | -400,000 | |||||||||||||||||||||||||||
repayment of principal on term loan | -100,000,000 | -1,400,000 | -1,400,000 | -1,400,000 | -1,500,000 | -1,400,000 | -1,400,000 | -1,400,000 | -1,500,000 | -1,400,000 | -2,799,998.6 | -1.4 | -1,402,000 | -1,412,000 | -159,200,000 | -2,186,000 | ||||||||||||
adjustments to reconcile net loss to net cash provided (used in) by operating activities: | ||||||||||||||||||||||||||||
prepaid expenses | 1,600,000 | -1,200,000 | 15,199,982.5 | 17.5 | -7,805,000 | 3,348,000 | -2,661,000 | 11,618,000 | ||||||||||||||||||||
proceeds from borrowings on revolving credit facility | 0 | 0 | 94,999,955 | 45 | 18,000,000 | 0 | 10,000,000 | 15,000,000 | ||||||||||||||||||||
repayment of revolving credit facility | 0 | 0 | -104,999,995 | -5 | -18,000,000 | 0 | ||||||||||||||||||||||
cash dividends paid | 0 | 0 | -5,399,994.6 | -5.4 | -5,092,000 | -5,054,000 | ||||||||||||||||||||||
proceeds from issuance of redeemable convertible preferred stock | ||||||||||||||||||||||||||||
payment of redeemable convertible preferred stock offering costs | ||||||||||||||||||||||||||||
supplemental disclosures of cash flow information | ||||||||||||||||||||||||||||
cash paid for income taxes | ||||||||||||||||||||||||||||
cash paid for interest | ||||||||||||||||||||||||||||
supplemental schedule of non-cash investing and financing activities | ||||||||||||||||||||||||||||
contingent consideration related to 2022 acquisitions | ||||||||||||||||||||||||||||
contingent consideration related to 2021 acquisitions | ||||||||||||||||||||||||||||
contingent consideration related to 2020 acquisitions | ||||||||||||||||||||||||||||
deferred payment related to 2020 acquisitions | ||||||||||||||||||||||||||||
contingent consideration related to 2019 acquisition | ||||||||||||||||||||||||||||
fair value of common stock issued related to 2020 acquisition | ||||||||||||||||||||||||||||
stock-based compensation expense | 1,300,000 | 1,600,000 | 2,100,000 | 2,400,000 | 2,800,000 | 3,000,000 | 1,500,000 | 2,699,998.4 | 1.6 | 594,000 | 784,000 | 602,000 | 620,000 | |||||||||||||||
provision for credit losses | 100,000 | 100,000 | 100,000 | 0 | 100,000 | 100,000 | 500,000 | 0 | ||||||||||||||||||||
goodwill impairment | 0 | 0 | 6,300,000 | |||||||||||||||||||||||||
intangible asset impairment | 0 | 0 | 1,600,000 | |||||||||||||||||||||||||
loss on disposal of property and equipment | ||||||||||||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||
acquisition of businesses | -9,200,000 | 0 | 0 | -16,347,000 | -39,133,000 | |||||||||||||||||||||||
fees paid for revolving credit facility extension | 0 | |||||||||||||||||||||||||||
proceeds from issuance of common stock | ||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||
issuance of redeemable convertible preferred stock | ||||||||||||||||||||||||||||
supplemental schedule of non-cash financing activities | ||||||||||||||||||||||||||||
redeemable convertible preferred stock offering costs | ||||||||||||||||||||||||||||
proceeds from issuance of preferred stock | 0 | 136,600,000 | ||||||||||||||||||||||||||
payment of preferred stock offering costs | -200,000 | -6,300,000 | ||||||||||||||||||||||||||
preferred stock offering costs | -500,000 | |||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash (used in) provided by operating activities: | ||||||||||||||||||||||||||||
provision for doubtful accounts | 0.1 | 271,000 | 185,000 | 0 | 44,000 | |||||||||||||||||||||||
unrealized gain on interest rate swap and floor | ||||||||||||||||||||||||||||
intangible asset impairment charge | ||||||||||||||||||||||||||||
other | 325,000 | 0 | -22,000 | -3,000 | ||||||||||||||||||||||||
payment of contingent consideration | -4,341,000 | 0 | ||||||||||||||||||||||||||
proceeds from borrowings on term loan | -47,000 | 0 | ||||||||||||||||||||||||||
repayment of senior notes | ||||||||||||||||||||||||||||
payment of costs related to the initial public offering | 34,000 | -76,000 | ||||||||||||||||||||||||||
proceeds from exercise of stock options | ||||||||||||||||||||||||||||
contingent consideration related to 2017 acquisitions | -2,238,000 | 0 | ||||||||||||||||||||||||||
contingent consideration related to 2016 acquisitions | ||||||||||||||||||||||||||||
unrealized loss on interest rate swap and floor | -174,000 | -381,000 | ||||||||||||||||||||||||||
proceeds from common stock issuance | 5,325,000 | 0 | ||||||||||||||||||||||||||
contingent consideration related to 2015 acquisitions | ||||||||||||||||||||||||||||
amortization and write-off of deferred financing fees and debt discount | 372,000 | |||||||||||||||||||||||||||
payment of purchase price payable | -1,297,000 | |||||||||||||||||||||||||||
contingent consideration related to 2017 acquisition | 3,838,000 |
