Company Information

  

Address: 13785 RESEARCH BOULEVARD
SUITE 150 
City: Austin 
State: TX 
Zip Code: 78750 
Telephone: 512-275-0072 

Description of Business

Primary SIC Code: 7372
(As filed with the SEC)  

Q2 is a leading provider of secure, cloud-based virtual banking solutions. We enable regional and community financial institutions, or RCFIs, to deliver a robust suite of integrated virtual banking services and engage more effectively with their retail and commercial account holders who expect to bank anytime, anywhere and on any device. Our solutions are often the most frequent point of interaction between our RCFI customers and their account holders. As such, we purpose-built our solutions to deliver a compelling, consistent user experience across digital channels and drive the success of our customers by extending their local brands, enabling improved account holder retention and creating incremental sales opportunities. Our founding team has provided software solutions to the RCFI market for over 20 years, and they started Q2 with the mission of using technology to help RCFIs succeed and strengthen the communities they serve.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-0.79NAN/E
12/2016-0.92NAN/E
09/2016-0.95NAN/E
06/2016-0.90NAN/E
03/2016-0.79NAN/E
12/2015-0.67NAN/E
09/2015-0.58NAN/E
06/2015-0.51NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.16Total Liab/Total Assets0.50
Net Inc/Total Assets-0.18Total Liab/Inv Cap0.71
Net Inc/Inv Cap-0.26Total Liab/Comm Equity0.45
Pretax Inc/Net Sales-0.24Interest Coverage Ratio-62.36
Net Inc/Net Sales-0.24Curr Debt/EquityNA
Cash Flow/Net Sales0.02LTD/EquityNA
SG&A/NetSales0.45Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover14.14Quick Ratio2.12
Inventory TurnoverNACurrent Ratio2.12
Inventory Day SalesNANet Rec/Curr Assets0.10
Net Sales/Work Cap2.26Inv/Curr AssetsNA
Net Sales/PP&E5.47  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 47.63 44.53 42.16 38.31
Cost of Goods Sold 24.33 22.77 21.15 19.60
Selling & Admin Exps 20.36 18.33 17.96 17.60
Operating Income -7.71 -6.94 -7.34 -9.32
Interest Exp 0.02 0.07 0.17 0.15
Pretax Income -7.60 -6.90 -7.42 -9.38
Other Income 0.13 0.11 0.10 0.09
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -7.82 -7.04 -7.51 -9.48

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 81.57 83.48 98.44 94.49
Receivables - Total 15.01 8.45 12.24 16.25
Inventories - Total NA NA NA NA
Total Current Assets 112.24 109.64 125.67 127.41
Net Property, Plant & Equipment 31.57 31.70 27.48 28.99
Total Assets 193.40 191.59 200.98 205.28
Liabilities        
Accounts Payable 19.90 22.84 29.09 28.19
Debt in Current Liabilities NA NA 0.00 0.00
Total Current Liabilities 51.96 51.62 59.21 60.48
Long-Term Debt NA NA NA NA
Total Liabilities 93.05 91.21 100.75 102.79
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -140.81 -132.99 -125.78 -118.27
Treasury Stock -0.60 -0.46 -0.42 -0.26
Total Stockholders' Equity 100.35 100.38 100.24 102.50
Total Liabilities and Stockholders' Equity 193.40 191.59 200.98 205.28

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 0.41 -10.67 4.78 1.00
Net Cash Provided by Investing Activities -11.48 -4.44 -3.30 -3.39
Net Cash Provided by Financing Activities 2.79 2.99 1.76 1.49

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201241.10-8.78--
12/201356.87-17.88--
12/201479.13-19.63-0.67
12/2015108.87-25.06-0.67
12/2016150.22-36.35-0.92
Growth Rates38.27----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1716338,33892.86




Report Date : 10/16/2017

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