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)  

Overview Q2 is a leading provider of secure, cloud-based digital banking solutions. We enable regional and community financial institutions, or RCFIs, to deliver a robust suite of integrated digital banking services to more effectively engage with their consumer 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 build 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 25 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
06/2018-0.62NAN/E
03/2018-0.60NAN/E
12/2017-0.63NAN/E
09/2017-0.69NAN/E
06/2017-0.79NAN/E
12/2016-0.92NAN/E
09/2016-0.95NAN/E
06/2016-0.90NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.10Total Liab/Total Assets0.50
Net Inc/Total Assets-0.12Total Liab/Inv Cap0.73
Net Inc/Inv Cap-0.18Total Liab/Comm Equity0.41
Pretax Inc/Net Sales-0.14Interest Coverage Ratio-212.53
Net Inc/Net Sales-0.13Curr Debt/EquityNA
Cash Flow/Net Sales0.05LTD/EquityNA
SG&A/NetSales0.40Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover15.25Quick Ratio1.93
Inventory TurnoverNACurrent Ratio1.93
Inventory Day SalesNANet Rec/Curr Assets0.10
Net Sales/Work Cap3.08Inv/Curr AssetsNA
Net Sales/PP&E5.62  

Income Statement (Millions)

  6/30/2018 3/31/2018 12/31/2017 9/30/2017
Total Revenues(Net Sales) 58.57 54.81 51.70 50.12
Cost of Goods Sold 29.30 26.98 26.57 25.81
Selling & Admin Exps 23.56 21.26 20.16 19.50
Operating Income -6.68 -5.21 -6.33 -5.93
Interest Exp 2.86 1.22 0.03 0.00
Pretax Income -8.78 -6.24 -6.19 -5.78
Other Income 0.76 0.20 0.17 0.15
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -8.63 -6.05 -5.52 -5.78

Balance Sheet (Millions)

Assets 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Cash & Short Term Investments 281.03 296.43 101.96 91.77
Receivables - Total 27.00 16.90 13.20 15.77
Inventories - Total NA NA NA NA
Total Current Assets 327.38 330.49 131.09 125.64
Net Property, Plant & Equipment 36.73 36.59 34.54 32.14
Total Assets 418.76 421.85 212.82 205.47
Liabilities        
Accounts Payable 21.43 23.45 29.69 23.75
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 54.59 61.80 68.07 64.25
Long-Term Debt 177.56 175.17 NA NA
Total Liabilities 260.46 267.00 106.19 102.83
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 -151.70 -143.07 -152.11 -146.59
Treasury Stock 0.00 0.00 -0.86 -0.60
Total Stockholders' Equity 158.31 154.86 106.62 102.64
Total Liabilities and Stockholders' Equity 418.76 421.85 212.82 205.47

Cash Flow Summary (Millions)

Categories 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Net Cash Provided by Operating Activities -14.18 -7.10 8.13 11.60
Net Cash Provided by Investing Activities -68.99 -2.65 6.57 -8.59
Net Cash Provided by Financing Activities 4.50 207.20 3.12 2.66

Annual Summary Data (Millions)

Year Sales Net Income EPS
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
12/2017193.98-26.16-0.63
Growth Rates35.90----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1820040,90895.42




Report Date : 9/17/2018

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