Cash flow Rapid7, Inc.

Equities

RPD

US7534221046

Software

Market Closed - Nasdaq Other stock markets 04:00:00 2025-11-17 pm EST			5-day change	1st Jan Change
13.46 ^USD	-4.06%		-4.13%	-66.54%

Nov. 05	Rapid7 Shares Slide After Q3 Results, Rating Downgrade	MT
Nov. 05	RBC Capital Trims Rapid7 Price Target to $19 From $20, Maintains Sector Perform Rating	MT

0ab7d91490819d3.zqzIRGfPRWkESYUlTekaClXIFsCV09QC1ZahEXVSFjw.hp6nJia9fBp8Hf1INJtSaRH_L6zCoqVqtPzwSRsgQQ32_qQSEPcGJnQhvQ

Published financial data: RAPID7, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	411M	535M	685M	778M	844M
Total Revenues	411M	535M	685M	778M	844M
Cost of Goods Sold, Total	122M	169M	214M	232M	251M
Gross Profit	290M	366M	471M	546M	593M
Selling General & Admin Expenses, Total	252M	318M	392M	397M	384M
R&D Expenses	109M	161M	190M	177M	173M
Other Operating Expenses, Total	361M	479M	582M	573M	557M
Operating Income	-70.99M	-112M	-111M	-27.36M	35.6M
Interest Expense, Total	-24.14M	-14.29M	-10.98M	-64.7M	-10.96M
Interest And Investment Income	1.45M	365K	1.81M	10.18M	21.06M
Net Interest Expenses	-22.68M	-13.93M	-9.17M	-54.52M	10.1M
Currency Exchange Gains (Loss)	-81K	-1.92M	-1.52M	-14.52M	-
Other Non Operating Income (Expenses)	-	-	-	-	-3.68M
EBT, Excl. Unusual Items	-93.76M	-128M	-122M	-96.4M	42.02M
Restructuring Charges	-	-	-	-22.23M	190K
Merger & Related Restructuring Charges	-1.34M	-7.21M	-	-363K	-351K
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Asset Writedown	-	-	-	-30.78M	-
Legal Settlements	-1.76M	-569K	-115K	-	-
Other Unusual Items	-	-	-	-	-400K
EBT, Incl. Unusual Items	-96.86M	-136M	-122M	-150M	41.46M
Income Tax Expense	1.99M	10.42M	2.41M	-518K	15.93M
Earnings From Continuing Operations	-98.85M	-146M	-125M	-149M	25.53M
Net Income to Company	-98.85M	-146M	-125M	-149M	25.53M
Net Income - (IS)	-98.85M	-146M	-125M	-149M	25.53M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-98.85M	-146M	-125M	-149M	25.53M
Net Income to Common Excl. Extra Items	-98.85M	-146M	-125M	-149M	25.53M
Per Share Items
Net EPS - Basic	-1.94	-2.65	-2.13	-2.46	0.41
Basic EPS - Continuing Operations	-1.94	-2.65	-2.13	-2.46	0.41
Basic Weighted Average Shares Outstanding	51.04M	55.27M	58.55M	60.76M	62.61M
Net EPS - Diluted	-1.94	-2.65	-2.13	-2.46	0.4
Diluted EPS - Continuing Operations	-1.94	-2.65	-2.13	-2.46	0.4
Diluted Weighted Average Shares Outstanding	51.04M	55.27M	58.55M	60.76M	63.18M
Normalized Basic EPS	-1.15	-1.45	-1.3	-0.99	0.42
Normalized Diluted EPS	-1.15	-1.45	-1.3	-0.99	0.42
American Depositary Receipts Ratio (ADR)	0.08	0.08	0.08	0.08	0.08
Supplemental Items
EBITDA	-48.36M	-78.78M	-70.46M	18.58M	80.49M
EBITA	-59.4M	-91.13M	-84.03M	4.53M	69.43M
EBIT	-70.99M	-112M	-111M	-27.36M	35.6M
EBITDAR	-27.58M	-55.55M	-39.87M	44.83M	106M
Total Revenues (As Reported)	411M	535M	685M	778M	844M
Effective Tax Rate - (Ratio)	-2.05	-7.67	-1.97	0.35	38.42
Current Domestic Taxes	130K	301K	244K	1.79M	5.27M
Current Foreign Taxes	1.15M	9.69M	3.61M	3.32M	9.86M
Total Current Taxes	1.28M	9.99M	3.85M	5.11M	15.14M
Deferred Domestic Taxes	11K	12K	12K	11K	12K
Deferred Foreign Taxes	696K	418K	-1.45M	-5.64M	779K
Total Deferred Taxes	707K	430K	-1.44M	-5.62M	791K
Normalized Net Income	-58.6M	-80.08M	-76.37M	-60.25M	26.26M
Interest on Long-Term Debt	23.74M	14.29M	10.98M	64.3M	10.96M
Supplemental Operating Expense Items
Advertising Expense	16.4M	21.3M	22.7M	22.4M	21.7M
Selling and Marketing Expenses	196M	247M	307M	313M	299M
General and Administrative Expenses	56.41M	70.51M	84.85M	83.91M	85.44M
Research And Development Expense From Footnotes	109M	161M	190M	177M	173M
Net Rental Expense, Total	20.78M	23.23M	30.59M	26.25M	25.9M
Imputed Operating Lease Interest Expense	11.02M	3.86M	2.94M	14.02M	2.22M
Imputed Operating Lease Depreciation	9.77M	19.37M	27.65M	12.24M	23.68M
Stock-Based Comp., COGS (Total)	4.3M	6.49M	10.37M	10.7M	12.21M
Stock-Based Comp., R&D Exp. (Total)	24.42M	46.62M	49.94M	38.02M	37.57M
Stock-Based Comp., S&M Exp. (Total)	16.83M	23.83M	31.22M	29.32M	28.72M
Stock-Based Comp., G&A Exp. (Total)	18.34M	25.64M	28.38M	30.03M	29.47M
Total Stock-Based Compensation	63.89M	103M	120M	108M	108M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	174M	165M	207M	214M	335M
Short Term Investments	139M	58.85M	84.16M	170M	187M
Total Cash And Short Term Investments	312M	223M	291M	383M	522M
Accounts Receivable, Total	113M	147M	153M	167M	171M
Notes Receivable	-	-	-	-	-
Total Receivables	113M	147M	153M	167M	171M
Prepaid Expenses	26.21M	31.53M	29.3M	37.59M	33.61M
Restricted Cash	-	435K	517K	498K	7.42M
Other Current Assets, Total	21.97M	30.05M	35.89M	46.33M	52.63M
Total Current Assets	473M	433M	510M	634M	786M
Gross Property Plant And Equipment	141M	166M	182M	148M	146M
Accumulated Depreciation	-20.32M	-32M	-44.68M	-53.8M	-64.56M
Net Property Plant And Equipment	120M	134M	137M	94.34M	81.12M
Long-term Investments	10.12M	34.07M	9.76M	56.17M	37.27M
Goodwill	214M	515M	516M	536M	575M
Other Intangibles, Total	44.3M	112M	101M	94.55M	85.72M
Deferred Charges Long-Term	43.1M	57.19M	68.17M	76.6M	73.67M
Other Long-Term Assets, Total	8.27M	11.19M	16.63M	12.89M	12.87M
Total Assets	913M	1.3B	1.36B	1.51B	1.65B
Liabilities
Accounts Payable, Total	3.86M	3.52M	10.26M	15.81M	18.91M
Accrued Expenses, Total	61.68M	82.62M	80.31M	84.49M	81.9M
Current Portion of Long-Term Debt	-	-	-	-	45.9M
Current Portion of Leases	9.61M	9.63M	12.44M	13.45M	15.49M
Unearned Revenue Current, Total	279M	372M	427M	456M	461M
Other Current Liabilities	-	842K	1.66M	536K	6.9M
Total Current Liabilities	354M	469M	531M	570M	630M
Long-Term Debt	379M	812M	816M	930M	888M
Long-Term Leases	75.74M	90.86M	85.95M	81.13M	68.43M
Unearned Revenue Non Current	31.36M	33.06M	31.04M	32.58M	27.08M
Other Non Current Liabilities	2.16M	17.34M	14.86M	10.03M	20.24M
Total Liabilities	842M	1.42B	1.48B	1.62B	1.63B
Common Stock, Total	522K	577K	597K	617K	635K
Additional Paid In Capital	693M	615M	746M	895M	1.01B
Retained Earnings	-617M	-736M	-861M	-1.01B	-988M
Treasury Stock	-4.76M	-4.76M	-4.76M	-4.76M	-4.76M
Comprehensive Income and Other	454K	-812K	-1.41M	1.34M	-1.2M
Total Common Equity	71.54M	-126M	-120M	-118M	17.71M
Total Equity	71.54M	-126M	-120M	-118M	17.71M
Total Liabilities And Equity	913M	1.3B	1.36B	1.51B	1.65B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	52.69M	58.08M	60.04M	61.99M	63.97M
ECS Total Common Shares Outstanding	52.23M	57.7M	59.72M	61.71M	63.5M
Book Value / Share	1.37	-2.18	-2.01	-1.91	0.28
Tangible Book Value	-186M	-753M	-737M	-749M	-643M
Tangible Book Value Per Share	-3.57	-13.05	-12.34	-12.14	-10.13
Total Debt	464M	913M	914M	1.02B	1.02B
Net Debt	151M	689M	623M	641M	496M
Debt Equivalent Oper. Leases	166M	186M	245M	210M	207M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	23.09M	30.24M	36.39M	37.29M	39.75M
Full Time Employees	1.85K	2.35K	2.62K	2.23K	2.41K
Accumulated Allowance for Doubtful Accounts (Supple)	3.25M	1.98M	2.3M	951K	1.83M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-98.85M	-146M	-125M	-149M	25.53M
Depreciation & Amortization - CF	11.04M	12.34M	13.57M	14.05M	11.06M
Amortization of Goodwill and Intangible Assets - (CF)	11.6M	21.16M	27.47M	31.89M	33.83M
Depreciation & Amortization, Total	22.63M	33.5M	41.04M	45.94M	44.89M
Amortization of Deferred Charges, Total - (CF)	17.52M	3.98M	4.08M	4.14M	4.45M
Asset Writedown & Restructuring Costs	-	-	-	30.78M	-
Stock-Based Compensation (CF)	63.89M	103M	120M	108M	108M
Provision and Write-off of Bad Debts	2M	-	-	-	-
Other Operating Activities, Total	1.17M	5.13M	-1.64M	64.24M	-712K
Change In Accounts Receivable	-24.38M	-25.48M	-9.05M	-14.02M	-5.48M
Change In Accounts Payable	-2.39M	-2.08M	7.98M	5.45M	2.78M
Change in Unearned Revenues	37.43M	85.56M	52.52M	30.47M	-795K
Change in Other Net Operating Assets	-14.12M	-2.95M	-11.91M	-21.55M	-6.95M
Cash from Operations	4.89M	53.92M	78.2M	104M	172M
Capital Expenditure	-13.8M	-9.01M	-20.38M	-4.37M	-3.42M
Cash Acquisitions	-126M	-358M	-	-34.84M	-37.3M
Sale (Purchase) of Intangible assets	-6.13M	-9.85M	-17.14M	-15.88M	-14.16M
Investment in Marketable and Equity Securities, Total	-10.53M	51.91M	-2.46M	-124M	8.01M
Other Investing Activities, Total	-	-	-	-	360K
Cash from Investing	-156M	-325M	-39.99M	-179M	-46.52M
Long-Term Debt Issued, Total	230M	600M	-	300M	-
Total Debt Issued	230M	600M	-	300M	-
Long-Term Debt Repaid, Total	-	-230M	-12K	-200M	-
Total Debt Repaid	-	-230M	-12K	-200M	-
Issuance of Common Stock	14.89M	13.59M	15.26M	14.38M	10.81M
Repurchase of Common Stock	-8.92M	-16.04M	-7.46M	-5.57M	-4.73M
Other Financing Activities, Total	-35.05M	-103M	-371K	-29.21M	-500K
Cash from Financing	201M	264M	7.42M	79.6M	5.58M
Foreign Exchange Rate Adjustments	679K	-1.27M	-2.84M	1.2M	-2.76M
Net Change in Cash	50.2M	-8.6M	42.79M	6.32M	128M
Supplemental Items
Cash Interest Paid	5.46M	7.34M	6.68M	4.6M	6.36M
Cash Income Tax Paid (Refund)	312K	3.3M	1.57M	1.62M	8.95M
Levered Free Cash Flow	53.32M	109M	101M	85.48M	154M
Unlevered Free Cash Flow	50.89M	114M	104M	122M	157M
Change In Net Working Capital	-28.67M	-66.6M	-50.22M	-5.1M	635K
Net Debt Issued / Repaid	230M	370M	-12K	100M	-

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-5.62	-6.35	-5.25	-1.19	1.41
Return on Total Capital	-10.05	-10.62	-8.82	-2.01	2.29
Return On Equity %	-127.79	537.41	101.37	125.3	-50.81
Return on Common Equity	-127.79	537.41	101.37	125.3	-50.81
Margin Analysis
Gross Profit Margin %	70.47	68.44	68.71	70.2	70.26
SG&A Margin	61.34	59.39	57.26	50.99	45.53
EBITDA Margin %	-11.75	-14.71	-10.28	2.39	9.54
EBITA Margin %	-14.44	-17.02	-12.27	0.58	8.23
EBIT Margin %	-17.25	-20.97	-16.28	-3.52	4.22
Income From Continuing Operations Margin %	-24.02	-27.33	-18.2	-19.19	3.02
Net Income Margin %	-24.02	-27.33	-18.2	-19.19	3.02
Net Avail. For Common Margin %	-24.02	-27.33	-18.2	-19.19	3.02
Normalized Net Income Margin	-14.24	-14.96	-11.15	-7.75	3.11
Levered Free Cash Flow Margin	12.96	20.3	14.77	10.99	18.3
Unlevered Free Cash Flow Margin	12.37	21.23	15.17	15.66	18.59
Asset Turnover
Asset Turnover	0.52	0.48	0.52	0.54	0.53
Fixed Assets Turnover	3.55	4.21	5.05	6.72	9.62
Receivables Turnover (Average Receivables)	4.08	4.12	4.56	4.86	5
Short Term Liquidity
Current Ratio	1.34	0.92	0.96	1.11	1.25
Quick Ratio	1.2	0.79	0.84	0.97	1.1
Operating Cash Flow to Current Liabilities	0.01	0.12	0.15	0.18	0.27
Days Sales Outstanding (Average Receivables)	89.62	88.66	80.03	75.09	73.2
Average Days Payable Outstanding	16.11	7.97	11.73	20.53	25.31
Long Term Solvency
Total Debt/Equity	648.53	-724.28	-761.48	-866.97	5.75K
Total Debt / Total Capital	86.64	116.02	115.12	113.04	98.29
LT Debt/Equity	635.1	-716.64	-751.12	-855.59	5.4K
Long-Term Debt / Total Capital	84.85	114.79	113.55	111.55	92.36
Total Liabilities / Total Assets	92.17	109.72	108.84	107.85	98.93
EBIT / Interest Expense	-2.94	-7.86	-10.15	-0.42	3.25
EBITDA / Interest Expense	-1.14	-3.89	-3.63	0.69	9.7
(EBITDA - Capex) / Interest Expense	-1.71	-4.52	-5.49	0.63	9.39
Total Debt / EBITDA	-16.82	-16.43	-22.93	22.85	9.57
Net Debt / EBITDA	-5.49	-12.4	-15.62	14.31	4.67
Total Debt / (EBITDA - Capex)	-11.21	-14.13	-15.17	25.32	9.89
Net Debt / (EBITDA - Capex)	-3.66	-10.67	-10.34	15.85	4.82
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	25.86	30.11	27.96	13.52	8.52
Gross Profit, 1 Yr. Growth %	22.97	26.38	28.46	15.98	8.67
EBITDA, 1 Yr. Growth %	71.43	62.9	-10.56	-126.37	435.7
EBITA, 1 Yr. Growth %	59.79	53.41	-7.78	-105.39	7K
EBIT, 1 Yr. Growth %	58.68	58.16	-0.7	-75.46	-215.15
Earnings From Cont. Operations, 1 Yr. Growth %	83.58	48.04	-14.77	19.68	-116.7
Net Income, 1 Yr. Growth %	83.58	48.04	-14.77	19.68	-116.7
Normalized Net Income, 1 Yr. Growth %	78.43	36.66	-4.64	-21.1	-142.03
Diluted EPS Before Extra, 1 Yr. Growth %	75.58	36.6	-19.55	15.49	-115.87
Accounts Receivable, 1 Yr. Growth %	27.13	30.58	3.97	8.96	2.33
Net Property, Plant and Equip., 1 Yr. Growth %	7.74	11.38	2.43	-31.26	-14.01
Total Assets, 1 Yr. Growth %	37.33	41.93	4.86	10.77	9.74
Tangible Book Value, 1 Yr. Growth %	330.8	303.97	-2.11	1.64	-14.12
Common Equity, 1 Yr. Growth %	-13.99	-276.13	-4.7	-1.58	-114.99
Cash From Operations, 1 Yr. Growth %	-444.15	1K	45.05	33.34	64.63
Capital Expenditures, 1 Yr. Growth %	-53.1	-34.72	126.22	-78.58	-21.55
Levered Free Cash Flow, 1 Yr. Growth %	331.93	103.84	-6.92	-15.51	77.95
Unlevered Free Cash Flow, 1 Yr. Growth %	398.91	123.31	-8.53	17.15	27.43
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	29.84	27.97	29.03	20.52	10.99
Gross Profit, 2 Yr. CAGR %	29.46	24.66	27.41	22.06	12.24
EBITDA, 2 Yr. CAGR %	8.31	67.11	20.7	-51.44	6.88
EBITA, 2 Yr. CAGR %	11.58	56.57	18.94	-77.7	-9.1
EBIT, 2 Yr. CAGR %	16.48	58.42	25.32	-50.64	-43.5
Earnings From Cont. Operations, 2 Yr. CAGR %	33.4	64.85	12.33	0.99	-54.76
Net Income, 2 Yr. CAGR %	33.4	64.85	12.33	0.99	-54.76
Normalized Net Income, 2 Yr. CAGR %	31.33	56.16	14.16	-13.26	-41.36
Diluted EPS Before Extra, 2 Yr. CAGR %	27.15	54.87	4.87	-3.65	-56.67
Accounts Receivable, 2 Yr. CAGR %	22.45	28.84	16.52	6.44	5.59
Net Property, Plant and Equip., 2 Yr. CAGR %	162.01	9.54	6.81	-16.09	-23.12
Total Assets, 2 Yr. CAGR %	27.77	39.61	22	7.77	10.26
Tangible Book Value, 2 Yr. CAGR %	172.72	317.17	98.86	-0.25	-6.57
Common Equity, 2 Yr. CAGR %	-9.49	23.08	29.56	-3.15	-61.59
Cash From Operations, 2 Yr. CAGR %	-10.24	516.2	300.03	39.07	48.16
Capital Expenditures, 2 Yr. CAGR %	3.79	-44.67	21.52	-30.39	-59.01
Levered Free Cash Flow, 2 Yr. CAGR %	56.78	196.72	37.74	-11.32	23.57
Unlevered Free Cash Flow, 2 Yr. CAGR %	55.87	233.78	42.92	3.52	22.85
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	26.99	29.93	27.96	23.64	16.38
Gross Profit, 3 Yr. CAGR %	26.27	28.43	25.91	23.48	17.4
EBITDA, 3 Yr. CAGR %	5.66	24.1	35.68	-27.3	0.72
EBITA, 3 Yr. CAGR %	9.04	24.07	31.24	-57.58	-8.67
EBIT, 3 Yr. CAGR %	13.44	28.99	35.58	-27.23	-31.81
Earnings From Cont. Operations, 3 Yr. CAGR %	29.54	38.11	32.31	14.72	-44.13
Net Income, 3 Yr. CAGR %	29.54	38.11	32.31	14.72	-44.13
Normalized Net Income, 3 Yr. CAGR %	25.41	33.08	32.48	0.93	-31.04
Diluted EPS Before Extra, 3 Yr. CAGR %	22.32	30.22	24.46	8.3	-46.76
Accounts Receivable, 3 Yr. CAGR %	15.11	25.1	19.95	13.94	5.05
Net Property, Plant and Equip., 3 Yr. CAGR %	141.04	97	7.12	-7.78	-15.4
Total Assets, 3 Yr. CAGR %	47.57	32.32	26.91	18.13	8.43
Tangible Book Value, 3 Yr. CAGR %	35.06	210.88	157.31	59	-5.11
Common Equity, 3 Yr. CAGR %	43.61	13	13.02	18.21	-48
Cash From Operations, 3 Yr. CAGR %	-28.35	107.14	280.46	177.36	47.11
Capital Expenditures, 3 Yr. CAGR %	41.96	-11.07	-11.52	-31.86	-27.56
Levered Free Cash Flow, 3 Yr. CAGR %	72.54	71.11	101.61	17.03	12.43
Unlevered Free Cash Flow, 3 Yr. CAGR %	69.58	75.71	116.8	33.75	11.35
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	30.07	27.74	27.8	26.08	20.89
Gross Profit, 5 Yr. CAGR %	28.96	25.5	26.73	25.84	20.25
EBITDA, 5 Yr. CAGR %	4.19	13.89	11.44	-14.73	23.33
EBITA, 5 Yr. CAGR %	6.46	14.95	12.9	-37.55	13.31
EBIT, 5 Yr. CAGR %	9.68	18.6	18.05	-12.16	-4.47
Earnings From Cont. Operations, 5 Yr. CAGR %	14.67	24.46	22.36	21.86	-13.87
Net Income, 5 Yr. CAGR %	14.67	24.46	22.36	21.86	-13.87
Normalized Net Income, 5 Yr. CAGR %	14.54	21.79	20.78	12.14	-4.37
Diluted EPS Before Extra, 5 Yr. CAGR %	-13.49	17.41	14.98	15.44	-18.39
Accounts Receivable, 5 Yr. CAGR %	20.63	24.54	15.67	17.27	13.99
Net Property, Plant and Equip., 5 Yr. CAGR %	74.05	75.32	74.06	40.03	-6.19
Total Assets, 5 Yr. CAGR %	31.69	39.73	36.75	21.9	19.96
Tangible Book Value, 5 Yr. CAGR %	59.82	78.1	57.66	97.3	71.58
Common Equity, 5 Yr. CAGR %	1	24.55	37.81	6.24	-26.61
Cash From Operations, 5 Yr. CAGR %	20.71	42.7	42.55	76.63	160.9
Capital Expenditures, 5 Yr. CAGR %	27.25	14.9	33.4	-19.37	-34.96
Levered Free Cash Flow, 5 Yr. CAGR %	67.7	56.3	57.67	31.55	65.76
Unlevered Free Cash Flow, 5 Yr. CAGR %	62.66	57.34	58.37	42.2	72.74