Healthstream (HSTM) FY2023 results: revenue $279 million, up 4.6% on the year
Healthstream Inc. (HSTM) reported revenue of $279 million for fiscal 2023, the year ended 31 December 2023, up 4.6% on the year before. Net income was $15 million, up 25.8%, and diluted earnings per share $0.50. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2024.
Revenue
$279 million
+4.6% on the year
FY2016FY2023
Operating margin
5.7%
4.7% a year earlier
FY2016FY2023
Net income
$15 million
+25.8% on the year
FY2016FY2023
Diluted EPS
$0.50
+28.2% on the year
FY2016FY2023
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
64.0
51.2
42.4
+25.0%
Capital expenditure
2.2
1.8
3.4
+24.4%
Free cash flow
61.8
49.4
39.0
+25.0%
Free cash flow margin
22.1%
18.5%
15.2%
Cash from investing
-56.6
-28.4
-25.7
Cash from financing
-13.0
-23.7
-6.2
Depreciation and amortisation
41.1
37.9
36.8
+8.3%
Share-based compensation
4.2
3.6
5.3
+16.9%
Buybacks
8.9
23.1
5.0
-61.4%
Dividends paid
3.1
0.0
0.0
Dividend per share
$0.10
$0.00
$0.00
Diluted shares, weighted
31m
31m
32m
-0.1%
Shares outstanding at period end
30m
31m
31m
-0.9%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
341
334
339
+2.0%
Debt
0.0
0.0
0.0
Operating lease liabilities
20.2
23.3
26.2
-13.2%
Other liabilities
139
140
122
-1.0%
Total liabilities and equity
500
498
487
+0.4%
Fixed assets
13.0
15.5
17.9
-16.0%
Goodwill
191
192
183
-0.5%
Intangible assets
68.0
81.6
89.2
-16.6%
Investments
30.8
7.9
5.0
+290.6%
Cash and equivalents
40.3
46.0
46.9
-12.4%
Receivables
34.3
36.7
30.3
-6.5%
Other assets
122
118
115
+3.7%
Total assets
500
498
487
+0.4%
10-K for the year ended 31 December 2023, filed 26 February 2024: the filing.