INFORMATICA INC Reports Fourth Quarter FY2022 Earnings Results.
February 23, 2023
Earnings Overview
INFORMATICA INC ($NYSE:INFA) reported its financial results for the fourth quarter of FY2022, which ended on December 31, 2022. Total revenue amounted to USD -4.4 million, a significant 93.4% increase year-over-year, while net income was USD 398.8 million, representing a 1.9% decrease compared to the same period in the previous year.
Transcripts Simplified
Total ARR for the fourth quarter of 2022 increased to 11.5% year-over-year to $1.52 billion, driven by strong new business sales and Subscription renewals. Cloud ARR increased over 42% year-over-year to $451 million and now represents approximately 45% of total Subscription ARR, compared to 40% in the prior year. Total Subscription ARR for Q4 was $994 million, a 24% year-over-year increase, driven by new subscription customer growth and high renewal rates. Average Subscription ARR per customer in the fourth quarter was approximately $263,000, a 19% increase year-over-year.
Subscription net retention rate was 111%, down 1% sequentially. Maintenance ARR finished in line with expectations, down 6% year-over-year at $523 million, with a strong renewal rate of 96%. GAAP total revenues were $399 million in the fourth quarter, down 2% year-over-year, in line with October guidance.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Informatica Inc. More…
| Total Revenues | Net Income | Net Margin |
| 1.51k | -53.67 | -3.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Informatica Inc. More…
| Operations | Investing | Financing |
| 200.06 | -185.96 | 38.8 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Informatica Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.97k | 2.92k | 7.24 |
Key Ratios Snapshot
Some of the financial key ratios for Informatica Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.8% | – | 2.9% |
| FCF Margin | ROE | ROA |
| 12.9% | 1.4% | 0.6% |
Share Price
INFORMATICA INC, a software and analytics company, released their fourth quarter FY2022 earnings report on Wednesday. The report revealed that the company’s stock opened at $18.6 and closed at $18.3, representing a decrease of 1.3% from its prior closing price. The report also highlighted that the company remains well positioned to capitalize on market opportunities and has been working diligently to improve their technological capabilities in order to offer customers enhanced product solutions.
Going forward, INFORMATICA INC plans to continue to focus on innovation and providing best-in-class customer service in order to generate greater value for clients. Investors remain optimistic about the company’s potential for success in the future. Live Quote…
Analysis
At GoodWhale, we have conducted a thorough analysis of INFORMATICA INC‘s wellbeing. According to our Risk Rating, INFORMATICA INC is a medium risk investment when it comes to financial and business aspects. We have also detected two risk warnings in the company’s income sheet and balance sheet. To find out the details of these risks, please register on our website goodwhale.com. Our teams are available to answer any questions you may have. Thank you for choosing GoodWhale to assess your business investments! More…
Peers
Its main competitors are Veritone Inc, Insig AI PLC, and IXUP Ltd. Each company offers a different set of features and benefits, and it can be difficult to choose the right one for your business. Here is a brief overview of each company to help you make a decision.
– Veritone Inc ($NASDAQ:VERI)
Veritone Inc is a media intelligence company that uses artificial intelligence to help its clients extract actionable insights from their audio and video content. The company has a market cap of 232.35M as of 2022 and a Return on Equity of -48.09%. Veritone’s AI platform enables its clients to index, transcribe, and analyze their content in a more efficient and cost-effective way. The company’s clients include media and entertainment companies, news organizations, and government agencies.
– Insig AI PLC ($LSE:INSG)
Insig AI PLC is a UK-based company that provides artificial intelligence solutions. The company has a market capitalisation of 28 million as of 2022 and a return on equity of -5.9%. The company’s products are used in a variety of industries, including healthcare, retail, and manufacturing.
– IXUP Ltd ($ASX:IXU)
Pixup Ltd is a digital media company that operates in the online advertising and marketing industry. The company has a market capitalization of 35.01 million as of 2022 and a return on equity of -39.2%. The company offers a range of services including online advertising, social media marketing, and web design and development.
Summary
INFORMATICA INC‘s fourth quarter of FY2022 financials highlight a promising year-over-year revenue growth of 93.4%, though net income saw a slight decrease of 1.9%. Investors may be encouraged by the increased revenue, as it could signal sustainable future growth.
However, it will be important to monitor net income to assess the company’s overall financial performance and health.
Additionally, analysts will want to investigate factors such as cash flow and operational costs that could have contributed to the decrease in net income. INFORMATICA INC seems to have a promising outlook and potential for further growth, making it a potential candidate for further investment.
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