Pluralsight

0.28 (1.58%)

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

Market Reaction

Offer Price

$15.00

Today Open Price

$17.88

Change Since IPO

Market Cap

$2.5B

Day High

$18.14

Day Low

$17.64

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Featured Analysis

I'm giving them a 3 Hippo rating, but I would lean towards a 3.5 if we allowed me to do that (we don't). I do so because their growth is decent and their valuation is not out of this world. I do like that their cash flow is improving substantially as they grow.

Company Data

Location

Farmington, UT

Valuation

$897.2M

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Founded

2004

Total Shares Offered

59,815,846

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Employees

890

IPO Date

2018-05-17

Background Information

Pluralsight, Inc. is a SaaS online education company that offers training and development courses for IT and software professionals internationally through its website. Its consumers include individuals, companies, academic institutions, and government sectors.

Financial Analysis

Years 2016 2017
Revenue growth -- 27%
Net profit margin -16%-58%
Valuation -- $1.7B
Revenue multiple -- 10x
Profit multiple ---18x

Financial Information

Income Statement ($M) 2016 2017
Revenue132167
Cost of goods sold4050
Gross profit92117
Total operating expense106200
EBIT(14)(83)
Pretax profit(20)(96)
Net income(21)(97)
Balance Sheet ($M) 2016 2017
Total current assets4572
Cash and cash equivalents1928
Total assets215236
Total current liabilities98144
Total liabilities180276
Total shareholder equity307445
Total liabilities and equity215236
Cash Flow Statement ($M) 20162017
Net cash from operating activities 4(12)
Net cash from investing activities (13)(8)
Net cash from financing activities 2029
Net increase in cash and cash equivalents 119