CRNCCerence Inc.
Services-Prepackaged Software
- Revenue
- $252M
- 24% YoY
- Operating margin
- -0.9%
- 99% YoY
- EBITDA
- $8M
- 101% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 21.0×
- $173M net debt
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired11% of revenueOver 10% of revenue
- Payouts exceed cash flowClear4% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired48% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $387M | $328M | $294M | $332M | $252M | 24% |
| Operating income | $61M | −$184M | −$27M | −$580M | −$2M | 100% |
| Net income | $46M | −$311M | −$56M | −$588M | −$19M | 97% |
| Operating cash flow | $74M | −$2M | $7M | $17M | $61M | 256% |
| Capex | $12M | $17M | $5M | $5M | $14M | 187% |
| Stock-based comp | $61M | $28M | $41M | $24M | $27M | 16% |
| Buybacks | $46M | $49M | $5M | $10M | $2M | 76% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.