ZoomInfo Technologies (GTM) FY2023 results: revenue $1.2 billion, up 12.9% on the year
ZoomInfo Technologies Inc. (GTM) reported revenue of $1.2 billion for fiscal 2023, the year ended 31 December 2023, up 12.9% on the year before. Net income was $107 million, up 69.8%, and diluted earnings per share $0.27. The figures are the company's own, from the 10-K it filed with the SEC on 15 February 2024.
Revenue
$1.2 billion
+12.9% on the year
FY2018FY2023
Operating margin
20.9%
16.0% a year earlier
FY2018FY2023
Net income
$107 million
+69.8% on the year
FY2018FY2023
Diluted EPS
$0.27
+68.8% on the year
FY2018FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
435
417
299
+4.3%
Capital expenditure
26.5
28.9
23.6
-8.3%
Free cash flow
408
388
276
+5.2%
Free cash flow margin
32.9%
35.3%
36.9%
Cash from investing
24.4
-281
-696
Cash from financing
-427
-25.9
440
Depreciation and amortisation
80.6
87.8
69.3
-8.2%
Share-based compensation
168
192
93.0
-12.8%
Buybacks
400
0.0
0.0
Diluted shares, weighted
397m
403m
n/a
-1.5%
Shares outstanding at period end
385m
404m
403m
-4.8%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
2,119
2,272
1,998
-6.7%
Non-controlling interest
n/a
n/a
0.0
Debt
1,232
1,236
1,233
-0.3%
Operating lease liabilities
89.9
67.9
61.5
+32.4%
Other liabilities
3,427
3,561
3,561
-3.8%
Total liabilities and equity
6,868
7,136
6,853
-3.8%
Fixed assets
65.1
52.1
41.7
+25.0%
Goodwill
1,693
1,693
1,575
0.0%
Intangible assets
335
396
431
-15.4%
Investments
82.2
128
18.4
-35.6%
Cash and equivalents
447
418
308
+7.0%
Receivables
272
223
187
+22.0%
Other assets
3,975
4,227
4,291
-6.0%
Total assets
6,868
7,136
6,853
-3.8%
10-K for the year ended 31 December 2023, filed 15 February 2024: the filing.