POWERSCHOOL HOLDINGS, INC. [Rocket]

Overview

POWERSCHOOL HOLDINGS, INC.

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Recent News + Filings (All items)

Date Filed	Type	Description
10/12/2023	8-K	Quarterly results
10/06/2023	4	DANIEL MARCY (Chief Product Officer) has filed a Form 4 on POWERSCHOOL HOLDINGS, INC.
09/28/2023	4	Form 4 - Statement of changes in beneficial ownership of securities:
09/28/2023	4	Shander Eric Ryan (President, CFO) has filed a Form 4 on POWERSCHOOL HOLDINGS, INC.
09/28/2023	4	Form 4 - Statement of changes in beneficial ownership of securities:
09/28/2023	4	Form 4 - Statement of changes in beneficial ownership of securities:
09/27/2023	144	Form 144 - Report of proposed sale of securities:

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19
Revenues	630.7	558.6	434.9	365.0
Revenue growth	12.9%	28.4%	19.2%
Cost of goods sold	272.3	240.9	191.8	170.0
Gross profit	358.3	317.7	243.1	195.0
Gross margin	56.8%	56.9%	55.9%	53.4%
Selling, general and administrative	178.3	149.2	92.7	86.9
Research and development	107.5	92.7	70.7	61.2
EBITA	8.5	104.4	103.6	67.7
EBITA margin	1.4%	18.7%	23.8%	18.6%
Amortization of intangibles		91.4	78.7	73.1
EBIT	8.5	13.0	25.0	-5.4
EBIT margin	1.4%	2.3%	5.7%	-1.5%
Pre-tax income	-40.6	-65.5	-46.6	-93.4
Income taxes	-12.8	-22.4	0.0	-2.7
Tax rate	31.6%	34.2%		2.8%
Net income	-27.7	-33.8	-46.6	-90.7
Net margin	-4.4%	-6.0%	-10.7%	-24.9%

Diluted EPS	$0.00	($0.21)
Shares outstanding (diluted)	198,592.7	157.6

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.