model n is the leader in revenue management solutions. driving mission critical business processes such as configure, price and quote (cpq), contract and rebate management, business intelligence, and regulatory compliance, model n solutions transform the revenue lifecycle from a series of disjointed operations into a strategic end-to-end process. with deep industry expertise, model n supports the complex business needs of the world’s leading brands in life sciences, technology and manufacturing across more than 100 countries, including johnson & johnson, astrazeneca, boston scientific, novartis, microchip technology and on semiconductor. for more information, visit www.modeln.com. model n® is the registered trademark of model n, inc. any other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.
Company profile
Ticker
MODN
Exchange
Website
CEO
Jason Blessing
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MODEL N INC
SEC CIK
Corporate docs
Subsidiaries
Model N India Software Private Limited • Model N (Switzerland) GmbH • Model N UK Limited • Sapphire Stripe Holdings, Inc. • Model N Canada Limited ...
IRS number
770528806
MODN stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
22 Apr 24
8-K
Results of Operations and Financial Condition
22 Apr 24
DEFA14A
Additional proxy soliciting materials
8 Apr 24
DEFA14A
Additional proxy soliciting materials
8 Apr 24
8-K
Model N to be Acquired by Vista Equity Partners For $1.25 Billion
8 Apr 24
8-K
Submission of Matters to a Vote of Security Holders
16 Feb 24
10-Q
2024 Q1
Quarterly report
6 Feb 24
8-K
Model N Announces First Quarter Fiscal Year 2024 Financial Results
6 Feb 24
DEFA14A
Additional proxy soliciting materials
5 Jan 24
DEF 14A
Definitive proxy
5 Jan 24
Transcripts
MODN
Earnings call transcript
2024 Q1
6 Feb 24
MODN
Earnings call transcript
2023 Q4
9 Nov 23
MODN
Earnings call transcript
2023 Q3
8 Aug 23
MODN
Earnings call transcript
2023 Q2
9 May 23
MODN
Earnings call transcript
2023 Q1
7 Feb 23
MODN
Earnings call transcript
2022 Q4
9 Nov 22
MODN
Earnings call transcript
2022 Q3
13 Aug 22
MODN
Earnings call transcript
2022 Q2
11 May 22
MODN
Earnings call transcript
2022 Q1
9 Feb 22
MODN
Earnings call transcript
2021 Q4
10 Nov 21
Latest ownership filings
4
Kimberly DeCarlis
15 Mar 24
4
John Ederer
15 Mar 24
4
Laura Selig
15 Mar 24
4
Manisha Shetty Gulati
15 Mar 24
4
Christopher Lyon
15 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
144
Notice of proposed sale of securities
13 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Sep 23 | Sep 22 | Sep 21 | Sep 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 301.45 mm | 301.45 mm | 301.45 mm | 301.45 mm | 301.45 mm | 301.45 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 2.59 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 17.62 mm | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 283.82 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 109.6 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 175 |
Opened positions | 25 |
Closed positions | 27 |
Increased positions | 76 |
Reduced positions | 50 |
13F shares | Current |
---|---|
Total value | 929.37 bn |
Total shares | 39.20 mm |
Total puts | 9.70 k |
Total calls | 19.20 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.69 mm | $90.08 bn |
Neuberger Berman | 3.45 mm | $84.09 bn |
Conestoga Capital Advisors | 3.32 mm | $80.99 bn |
Artisan Partners Limited Partnership | 3.31 mm | $80.80 bn |
Vanguard | 2.64 mm | $64.56 bn |
Clearbridge Advisors | 2.51 mm | $61.33 bn |
First Light Asset Management | 1.89 mm | $46.04 bn |
Riverbridge Partners | 1.30 mm | $31.73 bn |
Renaissance Technologies | 885.73 k | $21.64 bn |
Ranger Investment Management | 866.98 k | $21.16 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | DeCarlis Kimberly | Common Stock | Sell | Dispose S | No | Yes | 25.63 | 500 | 12.82 k | 18,115 |
14 Mar 24 | John Ederer | Common Stock | Sell | Dispose S | No | Yes | 25.31 | 8,018 | 202.94 k | 307,127 |
14 Mar 24 | Selig Laura | Common Stock | Sell | Dispose S | No | Yes | 25.32 | 2,655 | 67.22 k | 141,517 |
14 Mar 24 | Lyon Christopher | Common Stock | Sell | Dispose S | No | Yes | 25.26 | 8,124 | 205.21 k | 229,721 |
13 Mar 24 | Manisha Shetty Gulati | Common Stock | Sell | Dispose S | No | Yes | 25.21 | 943 | 23.77 k | 14,076 |
News
Decoding 4 Analyst Evaluations For Model N
23 Apr 24
JMP Securities Reiterates Market Perform on Model N
23 Apr 24
ClearBridge Investments Sends Letter Urging Board Of Directors Of Model N, Inc. To Reconsider Proposed Acquisition By Vista Equity Partners
15 Apr 24
Tesla To $205? Here Are 10 Top Analyst Forecasts For Wednesday
10 Apr 24
Morgan Stanley Downgrades Model N to Equal-Weight, Lowers Price Target to $30
10 Apr 24
Press releases
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ADTH, SWAV, MODN
23 Apr 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates WIRE, ABIO, SWAV, MODN
22 Apr 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ADTH, MODN, ALPN
20 Apr 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates LABP, ADTH, MODN, SCX
18 Apr 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MCBC, SWAV, AIRC, MODN
16 Apr 24