BTRS Holdings Inc. financial data

Industry
Services-Computer Programming Services
Location
1009 Lenox Drive, Suite 101, Lawrenceville, NJ
State of incorporation
Delaware
Fiscal year end
December 31
Former names
South Mountain Merger Corp. (to 1/12/2021)
Latest financial report
10-Q - Q3 2022 - Nov 7, 2022

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 251 % -42.4%
Debt-to-equity 58.5 % +29.1%
Return On Equity -29.3 % -45.7%
Return On Assets -18.5 % -33.5%
Operating Margin -44.7 % -109%

Shares

Label TTM Value / Value Unit Change %
Weighted Average Number of Shares Outstanding, Basic 164M shares +3.7%
Weighted Average Number of Shares Outstanding, Diluted 164M shares +3.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 189M USD +16.6%
Revenue from Contract with Customer, Excluding Assessed Tax 154M USD +21.5%
Cost of Revenue 76.7M USD +7.11%
Research and Development Expense 61.3M USD +36.5%
Selling and Marketing Expense 44.4M USD +25.7%
General and Administrative Expense 64.9M USD +63.5%
Operating Income (Loss) -84.5M USD -144%
Nonoperating Income (Expense) 1.4M USD +359%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -83.1M USD -70.2%
Income Tax Expense (Benefit) -1.21M USD -760%
Net Income (Loss) Attributable to Parent -81.9M USD -67.1%
Earnings Per Share, Basic -0.49 USD/shares -44.1%
Earnings Per Share, Diluted -0.49 USD/shares -44.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 146M USD -40.1%
Marketable Securities, Current 0 USD -100%
Accounts Receivable, after Allowance for Credit Loss, Current 44M USD +49.3%
Other Assets, Current 1.61M USD +4.96%
Assets, Current 219M USD -37.1%
Property, Plant and Equipment, Net 9.77M USD -38.8%
Operating Lease, Right-of-Use Asset 15.4M USD
Intangible Assets, Net (Excluding Goodwill) 42.1M USD +425%
Goodwill 116M USD +214%
Other Assets, Noncurrent 5.17M USD +0.49%
Assets 417M USD -1.33%
Accounts Payable, Current 2.63M USD +19.6%
Employee-related Liabilities, Current 16.1M USD +5.61%
Accrued Liabilities, Current 55.5M USD +47.2%
Contract with Customer, Liability, Current 27.1M USD +333%
Liabilities, Current 102M USD +55.9%
Contract with Customer, Liability, Noncurrent 8.41M USD -55.2%
Deferred Income Tax Liabilities, Net 8.82M USD +910%
Operating Lease, Liability, Noncurrent 31.3M USD
Other Liabilities, Noncurrent 4.62M USD -36.7%
Liabilities 166M USD +61.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -17.2M USD
Retained Earnings (Accumulated Deficit) -272M USD -43.2%
Stockholders' Equity Attributable to Parent 252M USD -21.5%
Liabilities and Equity 417M USD -1.33%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -20.1M USD -103%
Net Cash Provided by (Used in) Financing Activities -2.94M USD -101%
Net Cash Provided by (Used in) Investing Activities -59.9M USD -135%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -83M USD -134%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 165M USD -37.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Operating Lease, Liability 34.8M USD
Payments to Acquire Property, Plant, and Equipment 454K USD -9.74%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -99.1M USD -102%
Lessee, Operating Lease, Liability, to be Paid 45.1M USD
Property, Plant and Equipment, Gross 30.6M USD -8.21%
Operating Lease, Liability, Current 3.48M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.93M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 5.3M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure
Deferred Income Tax Expense (Benefit) -430K USD -567%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 10.3M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.56M USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.34M USD
Operating Lease, Payments 1.26M USD
Additional Paid in Capital 541M USD +5.97%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 4.1M USD +101%
Depreciation, Depletion and Amortization 7.81M USD +46.7%
Share-based Payment Arrangement, Expense 26M USD +20.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%