Health Catalyst

0.63 (1.87%)

NASDAQ:HCAT | Last traded on 11-15-2019 4:00 PM

Market Reaction

Offer Price

$23.00

Today Open Price

$34.19

Change Since IPO

Market Cap

$1.2B

Day High

$35.83

Day Low

$34.10

View Stock Chart

Featured Analysis

I like the market but do not like the scope of losses against sales. The valuation is not unreasonable, though. It seems to me that there are a material number of companies going public that are very small, which is risky for buyers.

Company Data

Location

Salt Lake City, UT

Valuation

$158.7M

-

Founded

2008

Total Shares Offered

6,900,000

-

Employees

728

IPO Date

TBD

Background Information

Health Catalyst is a leading provider of data and analytics technology and services to healthcare organizations. Their solution comprises a cloud-based data platform, analytics software, and professional services expertise. They primarily serve healthcare providers through the use of their solution to manage data, derive analytical insights to operate their organization, and produce measurable clinical, financial, and operational improvements.

Financial Analysis

Years 2017 2018
Revenue growth -- 55%
Net profit margin -64%-55%
Valuation -- $784M
Revenue multiple -- 7x
Profit multiple ---13x

Financial Information

Income Statement ($M) 2017 2018
Revenue73113
Cost of goods sold4460
Gross profit2953
Total operating expense75113
EBIT(46)(60)
Pretax profit(47)(62)
Net income(47)(62)
Balance Sheet ($M) 2017 2018
Total current assets7167
Cash and cash equivalents2328
Total assets110111
Total current liabilities3142
Total liabilities4876
Total shareholder equity259375
Total liabilities and equity110111
Cash Flow Statement ($M) 20172018
Net cash from operating activities (37)(40)
Net cash from investing activities 2221
Net cash from financing activities 2524
Net increase in cash and cash equivalents 105