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TTGT - TechTarget, Inc.

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TechTarget, Inc.

TTGT

NASDAQ

TechTarget, Inc., together with its subsidiaries, provides marketing and sales services that deliver business impact for business-to-business technology companies in North America and internationally. It also provides purchase-intent marketing and sales services for enterprise technology vendors; and customized marketing programs that integrate demand generation, brand advertising techniques, and content curation and creation. The company offers online services, including IT Deal Alert, including priority engine, qualified sales opportunities, deal data services; demand solutions, such as white papers, webcasts, podcasts, videocasts, virtual trade shows, and content sponsorships; brand solutions comprise on-network, off-network, and microsites and related formats branding; custom content creation services; and BrightTALK platform that allows customers to create, host and promote webinars, virtual events, and video content. It also operates an integrated content platform that consists of a network of approximately 150 websites, and 1,080 webinars and virtual event channels that focus on a specific IT sector, such as storage, security, or networking. In addition, the company enables registered members to conduct their pre-purchase research by accessing vendor supplied content through its virtual event and webinar channels, and website networks. TechTarget, Inc. was incorporated in 1999 and is headquartered in Newton, Massachusetts.

8.1 USD

0.09 (1.11%)

TTGT Financial Statements

Year

2023

2022

2021

2020

Total Revenue

229.96M

297.49M

263.43M

148.38M

Cost of Revenue

90.06M

78.49M

71.21M

37.34M

Gross Profit

139.9M

219M

192.22M

111.03M

Operating Expenses

156.69M

157.87M

157.87M

88.21M

Research and Development

11.14M

12.35M

11.64M

7.83M

Selling, General & Administrative Expenses

131.26M

132.68M

130.73M

74.44M

Selling & Marketing Expenses

97.16M

100.8M

95.76M

55.45M

General & Administrative Expenses

34.1M

31.88M

34.98M

18.98M

Other Expenses

0

12.84M

15.49M

5.95M

Operating Income

-2.27M

56.69M

34.35M

22.82M

Total Other Income/Expenses Net

16.69M

861k

-23.27M

-317k

Income Before Tax

14.42M

57.55M

11.08M

22.5M

Income Tax

9.96M

15.95M

10.13M

5.44M

Net Income

4.46M

41.61M

949k

17.07M

Basic EPS

0.06

1.41

0.03

0.61

EPS Diluted

0.16

1.3

0.03

0.61

Basic Average Shares

71.45M

29.59M

28.43M

27.86M

Diluted Average Shares

28.49M

34.07M

29.47M

28.67M

EBITDA

18.86M

75.9M

54.8M

29.76M

Retained Earning Schedule

Year

2023

2022

2021

2020

Retained Earnings (Previous Year)

80.37M

38.76M

37.58M

20.51M

Net Income

4.46M

41.61M

949k

17.07M

Stock Repurchases

-50M

-79.08M

-370k

-14.82M

Dividend Paid

0

0

0

0

Retained Earnings

84.83M

80.37M

38.76M

37.58M

Other Distributions

-45.54M

-37.47M

812k

2.24M

PPE Schedule

Year

2023

2022

2021

2020

Gross PPE

42.08M

42.55M

42.06M

39.69M

Annual Depreciation

21.13M

18.35M

20.45M

6.94M

Capital Expenditure

-14.63M

-14.03M

-12.63M

-6.66M

Net PPE

35.59M

38.23M

34.24M

39.41M

Intangible and Goodwill Schedule

Year

2023

2022

2021

2020

Acquisitions and Adjustments

1.85M

-4.85M

17.95M

85.48M

Goodwill (Previous Year)

192.23M

197.07M

179.12M

93.64M

Goodwill

194.07M

192.23M

197.07M

179.12M

All figures are in USD.

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