Healthstream (HSTM) FY2021 results: revenue $257 million, up 4.9% on the year
Healthstream Inc. (HSTM) reported revenue of $257 million for fiscal 2021, the year ended 31 December 2021, up 4.9% on the year before. Net income was $6 million, down 58.5%, and diluted earnings per share $0.18. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2022.
Revenue
$257 million
+4.9% on the year
FY2014FY2021
Operating margin
3.1%
6.5% a year earlier
FY2014FY2021
Net income
$6 million
-58.5% on the year
FY2014FY2021
Diluted EPS
$0.18
-59.1% on the year
FY2014FY2021
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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
42.4
35.9
65.7
+18.1%
Capital expenditure
3.4
2.0
22.0
+71.9%
Free cash flow
39.0
33.9
43.7
+15.0%
Free cash flow margin
15.2%
13.8%
17.2%
Cash from investing
-25.7
-110
-67.5
Cash from financing
-6.2
-20.5
-0.9
Depreciation and amortisation
36.8
30.2
27.9
+21.9%
Share-based compensation
5.3
2.2
4.2
+139.2%
Buybacks
5.0
20.0
0.0
-75.0%
Dividends paid
0.0
0.0
0.1
-52.5%
Dividend per share
$0.00
n/a
n/a
Diluted shares, weighted
32m
32m
32m
-1.2%
Shares outstanding at period end
31m
31m
32m
-0.6%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
339
334
338
+1.5%
Debt
0.0
0.0
0.0
Operating lease liabilities
26.2
28.5
30.7
-8.1%
Other liabilities
122
138
121
-11.8%
Total liabilities and equity
487
500
490
-2.7%
Fixed assets
17.9
22.2
26.1
-19.2%
Goodwill
183
178
102
+2.3%
Intangible assets
89.2
101
60.1
-11.4%
Investments
5.0
9.9
41.3
-49.2%
Cash and equivalents
46.9
36.6
132
+28.3%
Receivables
30.3
40.7
27.6
-25.6%
Other assets
115
112
101
+2.8%
Total assets
487
500
490
-2.7%
10-K for the year ended 31 December 2021, filed 28 February 2022: the filing.