Company Quick10K Filing
Cision
10-Q 2019-09-30 Filed 2019-11-08
10-Q 2019-06-30 Filed 2019-08-09
10-Q 2019-03-31 Filed 2019-05-10
10-K 2018-12-31 Filed 2019-03-01
10-Q 2018-09-30 Filed 2018-11-08
10-Q 2018-06-30 Filed 2018-08-09
10-Q 2018-03-31 Filed 2018-05-09
10-K 2017-12-31 Filed 2018-03-13
10-Q 2017-09-30 Filed 2017-11-09
10-Q 2017-06-30 Filed 2017-08-09
8-K 2020-01-31 Leave Agreement, M&A, Shareholder Rights, Control, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2019-12-19 Shareholder Vote
8-K 2019-11-07 Earnings, Exhibits
8-K 2019-10-25 Officers
8-K 2019-10-22 Enter Agreement, Exhibits
8-K 2019-08-28 Officers, Shareholder Vote, Exhibits
8-K 2019-08-08 Earnings, Exhibits
8-K 2019-07-16 Officers, Other Events, Exhibits
8-K 2019-02-28 Earnings, Exhibits
8-K 2019-01-25 Officers
8-K 2019-01-23 Earnings, Sale of Shares, Regulation FD, Exhibits
8-K 2019-01-11 Enter Agreement, Off-BS Arrangement, Officers, Exhibits
8-K 2018-12-28 Off-BS Arrangement, Sale of Shares, Regulation FD, Exhibits
8-K 2018-11-07 Earnings, Exhibits
8-K 2018-10-30 Officers, Exhibits
8-K 2018-09-12 Sale of Shares, Other Events, Exhibits
8-K 2018-08-08 Earnings, Exhibits
8-K 2018-07-30 Officers
8-K 2018-06-26 Shareholder Vote
8-K 2018-06-14 Other Events, Exhibits
8-K 2018-05-18 Enter Agreement, Shareholder Rights, Shareholder Vote, Other Events, Exhibits
8-K 2018-05-14 Other Events, Exhibits
8-K 2018-05-09 Other Events, Exhibits
8-K 2018-04-17 Other Events, Exhibits
8-K 2018-03-20 Other Events, Exhibits
8-K 2018-03-08 Earnings, Exhibits
8-K 2018-01-29 Earnings, Exhibits
8-K 2018-01-08 Enter Agreement, Other Events, Exhibits

Cision Financials

CISN Metrics, Comps, Filings

Quarterly | Annual

Business

Cision (“we,” “us,” or “our”) is a leading global provider of public relations (“PR”) software, media distribution, media intelligence and related professional services, according to Burton-Taylor International Consulting LLC, as measured by total revenue. PR and communications professionals use our products and services to help manage, execute and measure their strategic PR and communications programs. Similar to Bloomberg for finance professionals, LinkedIn for HR professionals, and Salesforce for sales professionals, we believe that we are an industry-standard SaaS solution for PR and marketing professionals and are deeply embedded in industry workflow.

We deliver a sophisticated, easy-to-use platform for communicators to reach relevant media influencers and craft compelling campaigns that impact customer behavior. With rich monitoring and analytics, Cision Communications CloudTM (“C3”), a cloud-based platform that integrates each of our point solutions into a single unified interface, arms brands with the insights they need to link their earned media to strategic business objectives, while aligning it with owned and paid channels. This platform enables companies and brands to build consistent, meaningful and enduring relationships with influencers and buyers in order to amplify their marketplace influence. We have more than 75,000 customers and an expansive global reach, spanning many international markets around the globe including Canada, China, India, EMEA and Latin America. Our total international sales across all countries accounted for 40% of our 2018 revenue.

We provide our comprehensive solution principally through subscription contracts which are generally one year or longer, with different tiers of pricing depending on the level of functionality and customer support required. Our SaaS delivery model provides a stable recurring revenue base. In 2018, we generated $730.4 million of revenue, of which, approximately 85% was generated by customers purchasing services on a subscription or recurring basis. We consider services recurring if customers routinely purchase these services from us pursuant to a negotiated “rate card” or similar arrangements, even if we do not have subscription agreements with them. As of December 31, 2018, we had more than 75,000 customers, of which the top 25 only accounted for 6.8% of 2018 revenues, on a pro forma basis assuming a full year of Prime acquisition revenues.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
SailPoint Technologies (SAIL) 1,698 76% -219.2 -1% 935 514 200 152 -14 -6 1,227
Zuora (ZUO) 1,689 51% -32.4 -18% 331 164 206 106 -60 -51 1,636
SPS Commerce (SPSC) 1,655 67% 33.0 7% 427 82 273 182 32 46 1,505
Shopify (SHOP) 1,603 0% 244 48 0 0 0 0 1,493
Bandwidth (BAND) 1,545 46% 728.6 1% 321 51 171 79 4 2 1,352
MicroStrategy (MSTR) 1,544 79% 26.9 3% 889 373 485 383 25 43 1,168
Instructure (INST) 1,430 68% -25.0 -17% 391 240 247 169 -65 -52 1,308
Xunlei (XNET) 1,211 0% 455 111 0 0 0 0 1,089
Carbon Black (CBLK) 1,177 78% -24.6 -13% 400 223 173 135 -52 -45 1,118
Cision (CISN) 1,109 65% 14.3 -0% 2,186 1,706 748 484 -5 162 2,321
Talend (TLND) 1,086 75% -24.1 -13% 366 334 181 135 -49 -43 1,041
Materialise (MTLS) 1,063 0% 313 0 0 0 0 1,063
Secureworks (SCWX) 1,035 54% -48.6 -4% 1,030 363 541 293 -38 -18 896
2U (TWOU) 1,002 0% -7.2 -15% 1,214 481 527 0 -186 -150 1,081
3D Systems (DDD) 916 45% -33.8 -8% 823 307 645 289 -69 -25 846
Upland Software (UPLD) 879 69% -68.2 -3% 683 465 202 139 -24 -16 1,105
MobileIron (MOBL) 788 79% -17.5 -20% 202 162 151 120 -41 -40 693
Benefitfocus (BNFT) 773 52% -16.9 -17% 328 355 283 147 -55 -38 642
Endurance International (EIGI) 587 54% 11.3 -0% 2,622 2,444 1,118 609 -9 202 2,280
Sapiens (SPNS) 538 0% 379 176 0 0 0 0 553

Balance Sheet ($MM)2017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash338771491088384105847495
Accounts Receivable10098113127116114121140137127
Inventory
PP&E5555131555454122606263
Assets2,1241,8441,9351,9811,8921,8661,8662,2482,2152,186
Accounts Payable15141314161316151313
Long-Term Debt1,5221,2561,3321,3361,2771,2621,2541,3211,3211,307
Liabilities1,7451,4971,6191,6381,5801,5611,5781,7571,7301,706
Stockholders' Equity379347316343312305288491486479
Income Statement ($MM)2017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue157160169179207177186186190186
Cost of Revenue49535364786967666963
Gross Profit108106116115121108120120122122
R&D665787977
SG&A696480768266857876
Tax-7-1417-18253718
Net Income-19-46-34-0-6-6-1112-82
Cash Flow ($MM)2017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating203136272629435
Cash Investing-6-30-71-6-11-116-10-9
Cash Financing-27671-6-43-1365-3-3