Constant Contact, Inc. (CTCT) 10-Year Financial Performance & Capital Metrics

CTCT • • Industrial / General

TechnologyMedia & EntertainmentDigital Marketing ServicesSmall Business Marketing Platforms

AboutConstant Contact, Inc. is an online marketing company that provides email marketing services, social media campaigns, and other digital marketing tools primarily for small businesses and nonprofits. The company was founded in 1995 as Roving Software and changed its name to Constant Contact in 2004. It went public in 2007 and was later acquired by Endurance International Group in 2015.Show more

Revenue $332M +16.2%
EBITDA $44M +44.3%
Net Income $14M +98.4%
EPS (Diluted) 0.44 +91.3%
Gross Margin 72.54% +1.6%
EBITDA Margin 13.18% +24.2%
Operating Margin 5.97% +105.4%
Net Margin 4.32% +70.7%
ROE 5.79% +74.0%
ROIC 8.99% +120.2%
Debt/Equity 0.05 -2.4%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong Piotroski F-Score: 8/9
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 20.8%
✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y20.78%

3Y15.65%

TTM13.59%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-15.44%

TTM65.41%

EPS CAGR

10Y-

5Y-

3Y-16.65%

TTM58.65%

ROCE

10Y Avg2.05%

5Y Avg5.73%

3Y Avg6.64%

Latest7.92%

Peer Comparison

Small Business Marketing Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CTCTConstant Contact, Inc.	1.02B	32.01	72.75	16.22%	5.53%	7.06%	3.24%	0.05

Profit & Loss

	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014
Sales/Revenue+	50.49M	87.27M	129.06M	174.23M	214.42M	252.15M	285.38M	331.68M
Revenue Growth %	-	0.73%	0.48%	0.35%	0.23%	0.18%	0.13%	0.16%
Cost of Goods Sold+	13.03M	24.25M	37.69M	50.83M	61.49M	73.55M	81.62M	91.06M
COGS % of Revenue	0.26%	0.28%	0.29%	0.29%	0.29%	0.29%	0.29%	0.27%
Gross Profit+	37.46M	63.02M	91.37M	123.41M	152.93M	178.61M	203.77M	240.62M
Gross Margin %	0.74%	0.72%	0.71%	0.71%	0.71%	0.71%	0.71%	0.73%
Gross Profit Growth %	-	0.68%	0.45%	0.35%	0.24%	0.17%	0.14%	0.18%
Operating Expenses+	43.16M	67.48M	93.14M	120.89M	142.93M	174.45M	195.47M	220.81M
OpEx % of Revenue	0.85%	0.77%	0.72%	0.69%	0.67%	0.69%	0.68%	0.67%
Selling, General & Admin	5.45M	9.51M	13.75M	18.03M	24.24M	31.13M	38.53M	41.92M
SG&A % of Revenue	0.11%	0.11%	0.11%	0.1%	0.11%	0.12%	0.14%	0.13%
Research & Development	10.34M	15.12M	18.37M	23.98M	29.48M	38.79M	45.57M	53.09M
R&D % of Revenue	0.2%	0.17%	0.14%	0.14%	0.14%	0.15%	0.16%	0.16%
Other Operating Expenses	27.38M	42.85M	61.02M	78.88M	89.21M	104.53M	111.37M	125.81M
Operating Income+	-5.7M	-4.46M	-1.77M	2.51M	10M	15.52M	8.29M	19.8M
Operating Margin %	-0.11%	-0.05%	-0.01%	0.01%	0.05%	0.06%	0.03%	0.06%
Operating Income Growth %	-	0.22%	0.6%	2.42%	2.98%	0.55%	-0.47%	1.39%
EBITDA+	-3.07M	1.09M	6.8M	14.41M	24.41M	35.06M	30.28M	43.7M
EBITDA Margin %	-0.06%	0.01%	0.05%	0.08%	0.11%	0.14%	0.11%	0.13%
EBITDA Growth %	-	1.36%	5.22%	1.12%	0.69%	0.44%	-0.14%	0.44%
D&A (Non-Cash Add-back)	2.63M	5.56M	8.57M	11.9M	14.41M	19.54M	21.98M	23.9M
EBIT	-5.7M	-4.46M	-1.77M	0	0	0	0	0
Net Interest Income+	0	0	0	0	0	0	0	0
Interest Income	0	0	0	0	0	0	0	0
Interest Expense	2.56M	-2.41M	-510K	-341K	0	0	0	0
Other Income/Expense	-2.56M	2.41M	510K	341K	262K	231K	175K	316K
Pretax Income+	-8.25M	-2.06M	-1.26M	2.85M	10.26M	15.75M	8.47M	20.12M
Pretax Margin %	-0.16%	-0.02%	-0.01%	0.02%	0.05%	0.06%	0.03%	0.06%
Income Tax+	0	0	0	0	262K	2.99M	1.26M	5.8M
Effective Tax Rate %	1%	1%	1%	1.02%	2.31%	0.81%	0.85%	0.71%
Net Income+	-8.25M	-2.06M	-1.26M	2.91M	23.68M	12.76M	7.21M	14.31M
Net Margin %	-0.16%	-0.02%	-0.01%	0.02%	0.11%	0.05%	0.03%	0.04%
Net Income Growth %	-	0.75%	0.39%	3.31%	7.13%	-0.46%	-0.43%	0.98%
Net Income (Continuing)	-8.25M	-2.06M	-1.26M	2.91M	23.68M	12.76M	7.21M	14.31M
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.88	-0.07	-0.04	0.10	0.76	0.41	0.23	0.44
EPS Growth %	-	0.92%	0.39%	3.18%	6.81%	-0.46%	-0.44%	0.91%
EPS (Basic)	-0.88	-0.07	-0.04	0.10	0.78	0.42	0.23	0.45
Diluted Shares Outstanding	9.37M	27.88M	28.25M	29.95M	31.04M	31M	31.36M	32.84M
Basic Shares Outstanding	9.37M	27.88M	28.25M	28.77M	30.34M	30.39M	30.73M	31.62M
Dividend Payout Ratio	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014
Total Current Assets+	103.3M	110.89M	116.58M	129.96M	149.06M	100.11M	132.56M	173.61M
Cash & Short-Term Investments	101.53M	107.17M	113.1M	124.35M	140.11M	93.51M	123.2M	162.62M
Cash Only	97.05M	73.24M	59.82M	32.89M	49.59M	67.78M	82.48M	104.3M
Short-Term Investments	4.48M	33.93M	53.28M	91.46M	90.52M	25.73M	40.72M	58.32M
Accounts Receivable	62K	40K	53K	44K	58K	92K	180K	265K
Days Sales Outstanding	0.45	0.17	0.15	0.09	0.1	0.13	0.23	0.29
Inventory	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-
Other Current Assets	1.7M	3.67M	3.42M	5.56M	8.89M	6.51M	9.18M	10.72M
Total Non-Current Assets+	8.55M	16.26M	24.91M	37.72M	72.32M	157.15M	152.32M	149.25M
Property, Plant & Equipment	7.99M	15.8M	23.89M	29.72M	34.26M	39.65M	39.24M	43.74M
Fixed Asset Turnover	6.32x	5.52x	5.40x	5.86x	6.26x	6.36x	7.27x	7.58x
Goodwill	0	0	0	5.25M	18.93M	95.5M	95.5M	95.5M
Intangible Assets	0	0	0	781K	3.05M	6.76M	4.36M	2.16M
Long-Term Investments	4.48M	33.93M	53.28M	91.46M	90.52M	25.73M	40.72M	58.32M
Other Non-Current Assets	-3.92M	-33.47M	-52.26M	-89.5M	-74.45M	-21.88M	-37.08M	-55.13M
Total Assets+	111.84M	127.14M	141.49M	167.68M	221.38M	257.26M	284.87M	322.87M
Asset Turnover	0.45x	0.69x	0.91x	1.04x	0.97x	0.98x	1.00x	1.03x
Asset Growth %	-	0.14%	0.11%	0.19%	0.32%	0.16%	0.11%	0.13%
Total Current Liabilities+	17.49M	25.3M	33.36M	39.27M	48.4M	51.67M	52.94M	54.77M
Accounts Payable	3.86M	4.79M	5.81M	7.44M	8.91M	8.17M	6.78M	4.7M
Days Payables Outstanding	108.06	72.03	56.22	53.46	52.86	40.53	30.33	18.85
Short-Term Debt	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	3.28M	5.46M	7.21M	6.72M	10.52M	10.8M	10.9M	12.23M
Current Ratio	5.91x	4.38x	3.49x	3.31x	3.08x	1.94x	2.50x	3.17x
Quick Ratio	5.91x	4.38x	3.49x	3.31x	3.08x	1.94x	2.50x	3.17x
Cash Conversion Cycle	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	3.28M	5.46M	7.21M	6.72M	12.57M	11.1M	11.62M	15.44M
Long-Term Debt	3.28M	5.46M	7.21M	6.72M	10.52M	10.8M	10.9M	12.23M
Capital Lease Obligations	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	0	0	9.09M	9.56M	11.66M
Other Non-Current Liabilities	0	0	0	0	2.05M	-8.79M	-8.84M	-8.45M
Total Liabilities	17.49M	27.15M	36.52M	41.55M	50.46M	53.68M	55M	58.55M
Total Debt+	3.28M	5.46M	7.21M	6.72M	10.52M	10.8M	10.9M	12.23M
Net Debt	-93.77M	-67.78M	-52.61M	-26.17M	-39.07M	-56.97M	-71.58M	-92.07M
Debt / Equity	0.03x	0.05x	0.07x	0.05x	0.06x	0.05x	0.05x	0.05x
Debt / EBITDA	-	5.00x	1.06x	0.47x	0.43x	0.31x	0.36x	0.28x
Net Debt / EBITDA	-	-62.01x	-7.73x	-1.82x	-1.60x	-1.63x	-2.36x	-2.11x
Interest Coverage	-2.23x	-	-	-	-	-	-	-
Total Equity+	94.35M	99.99M	104.97M	126.12M	170.92M	203.58M	229.87M	264.31M
Equity Growth %	-	0.06%	0.05%	0.2%	0.36%	0.19%	0.13%	0.15%
Book Value per Share	10.07	3.59	3.72	4.21	5.51	6.57	7.33	8.05
Total Shareholders' Equity	94.35M	99.99M	104.97M	126.12M	170.92M	203.58M	229.87M	264.31M
Common Stock	276K	282K	284K	293K	301K	307K	312K	319K
Retained Earnings	0	0	0	0	0	-6.72M	88K	14.4M
Treasury Stock	0	0	0	0	0	0	0	0
Accumulated OCI	2K	106K	40K	13K	61K	11K	14K	-10K
Minority Interest	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014
Cash from Operations+	4.27M	13.88M	21.95M	25.05M	41.65M	38.7M	43.06M	57.41M
Operating CF Margin %	0.08%	0.16%	0.17%	0.14%	0.19%	0.15%	0.15%	0.17%
Operating CF Growth %	-	2.25%	0.58%	0.14%	0.66%	-0.07%	0.11%	0.33%
Net Income	-8.25M	-2.06M	-1.26M	2.91M	23.68M	12.76M	7.21M	14.31M
Depreciation & Amortization	2.63M	5.56M	8.57M	11.9M	14.41M	19.54M	21.98M	23.9M
Stock-Based Compensation	645K	2.86M	5.08M	8.55M	11.71M	14.27M	14.73M	16.65M
Deferred Taxes	-87.06M	0	0	-180K	-13.83M	-2.46M	885K	4.09M
Other Non-Cash Items	9.25M	7.74M	11.92M	-5.61M	-4.28M	46.8M	-32.92M	-40.77M
Working Capital Changes	87.06M	-221K	-2.37M	7.47M	9.97M	-52.22M	31.17M	39.23M
Change in Receivables	-29K	16K	-5K	11K	-17K	3K	-102K	-85K
Change in Inventory	0	-86.75M	-86.6M	-84.87M	-92.13M	-99.87M	-46.96M	-76.39M
Change in Payables	1.28M	928K	1.02M	1.64M	1.46M	-787K	-1.38M	-3.14M
Cash from Investing+	-6.02M	-42.42M	-36.51M	-57.71M	-33.97M	-26M	-34.65M	-42.23M
Capital Expenditures	-5.67M	-13.12M	-16.59M	-17.16M	-18.11M	-21.92M	-18.89M	-24.35M
CapEx % of Revenue	0.11%	0.15%	0.13%	0.1%	0.08%	0.09%	0.07%	0.07%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	8.97M	4.5M	45.82M	109.2M	130.44M	0	4.82M	16.36M
Cash from Financing+	90.02M	4.73M	1.14M	5.73M	9.01M	5.49M	6.29M	6.65M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	90.02M	4.73M	1.14M	5.73M	9.01M	5.49M	6.29M	6.65M
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	-1.4M	758K	5.36M	7.89M	23.55M	16.77M	24.17M	33.07M
FCF Margin %	-0.03%	0.01%	0.04%	0.05%	0.11%	0.07%	0.08%	0.1%
FCF Growth %	-	1.54%	6.07%	0.47%	1.98%	-0.29%	0.44%	0.37%
FCF per Share	-0.15	0.03	0.19	0.26	0.76	0.54	0.77	1.01
FCF Conversion (FCF/Net Income)	-0.52x	-6.75x	-17.42x	8.60x	1.76x	3.03x	5.97x	4.01x
Interest Paid	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0

Key Ratios

Metric	2007	2008	2009	2010	2011	2012	2013	2014
Return on Equity (ROE)	-8.75%	-2.12%	-1.23%	2.52%	15.94%	6.81%	3.33%	5.79%
Return on Invested Capital (ROIC)	-	-20.43%	-3.14%	2.47%	6.47%	8.36%	4.08%	8.99%
Gross Margin	74.19%	72.21%	70.8%	70.83%	71.32%	70.83%	71.4%	72.54%
Net Margin	-16.35%	-2.36%	-0.98%	1.67%	11.04%	5.06%	2.53%	4.32%
Debt / Equity	0.03x	0.05x	0.07x	0.05x	0.06x	0.05x	0.05x	0.05x
Interest Coverage	-2.23x	-	-	-	-	-	-	-
FCF Conversion	-0.52x	-6.75x	-17.42x	8.60x	1.76x	3.03x	5.97x	4.01x
Revenue Growth	-	72.82%	47.89%	35%	23.07%	17.6%	13.18%	16.22%

Frequently Asked Questions

Valuation & Price

Constant Contact, Inc. (CTCT) has a price-to-earnings (P/E) ratio of 72.8x. This suggests investors expect higher future growth.

Growth & Financials

Constant Contact, Inc. (CTCT) reported $361.9M in revenue for fiscal year 2014. This represents a 617% increase from $50.5M in 2007.

Constant Contact, Inc. (CTCT) grew revenue by 16.2% over the past year. This is strong growth.

Yes, Constant Contact, Inc. (CTCT) is profitable, generating $20.0M in net income for fiscal year 2014 (4.3% net margin).

Dividend & Returns

Constant Contact, Inc. (CTCT) has a return on equity (ROE) of 5.8%. This is below average, suggesting room for improvement.

Constant Contact, Inc. (CTCT) generated $37.5M in free cash flow for fiscal year 2014. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Constant Contact, Inc. (CTCT) 10-Year Financial Performance & Capital Metrics

CTCT • • Industrial / General

TechnologyMedia & EntertainmentDigital Marketing ServicesSmall Business Marketing Platforms

Revenue $332M +16.2%
EBITDA $44M +44.3%
Net Income $14M +98.4%
EPS (Diluted) 0.44 +91.3%
Gross Margin 72.54% +1.6%
EBITDA Margin 13.18% +24.2%
Operating Margin 5.97% +105.4%
Net Margin 4.32% +70.7%
ROE 5.79% +74.0%
ROIC 8.99% +120.2%
Debt/Equity 0.05 -2.4%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong Piotroski F-Score: 8/9
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 20.8%
✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y20.78%

3Y15.65%

TTM13.59%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-15.44%

TTM65.41%

EPS CAGR

10Y-

5Y-

3Y-16.65%

TTM58.65%

ROCE

10Y Avg2.05%

5Y Avg5.73%

3Y Avg6.64%

Latest7.92%

Peer Comparison

Small Business Marketing Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CTCTConstant Contact, Inc.	1.02B	32.01	72.75	16.22%	5.53%	7.06%	3.24%	0.05

Profit & Loss

	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014
Sales/Revenue+	50.49M	87.27M	129.06M	174.23M	214.42M	252.15M	285.38M	331.68M
Revenue Growth %	-	0.73%	0.48%	0.35%	0.23%	0.18%	0.13%	0.16%
Cost of Goods Sold+	13.03M	24.25M	37.69M	50.83M	61.49M	73.55M	81.62M	91.06M
COGS % of Revenue	0.26%	0.28%	0.29%	0.29%	0.29%	0.29%	0.29%	0.27%
Gross Profit+	37.46M	63.02M	91.37M	123.41M	152.93M	178.61M	203.77M	240.62M
Gross Margin %	0.74%	0.72%	0.71%	0.71%	0.71%	0.71%	0.71%	0.73%
Gross Profit Growth %	-	0.68%	0.45%	0.35%	0.24%	0.17%	0.14%	0.18%
Operating Expenses+	43.16M	67.48M	93.14M	120.89M	142.93M	174.45M	195.47M	220.81M
OpEx % of Revenue	0.85%	0.77%	0.72%	0.69%	0.67%	0.69%	0.68%	0.67%
Selling, General & Admin	5.45M	9.51M	13.75M	18.03M	24.24M	31.13M	38.53M	41.92M
SG&A % of Revenue	0.11%	0.11%	0.11%	0.1%	0.11%	0.12%	0.14%	0.13%
Research & Development	10.34M	15.12M	18.37M	23.98M	29.48M	38.79M	45.57M	53.09M
R&D % of Revenue	0.2%	0.17%	0.14%	0.14%	0.14%	0.15%	0.16%	0.16%
Other Operating Expenses	27.38M	42.85M	61.02M	78.88M	89.21M	104.53M	111.37M	125.81M
Operating Income+	-5.7M	-4.46M	-1.77M	2.51M	10M	15.52M	8.29M	19.8M
Operating Margin %	-0.11%	-0.05%	-0.01%	0.01%	0.05%	0.06%	0.03%	0.06%
Operating Income Growth %	-	0.22%	0.6%	2.42%	2.98%	0.55%	-0.47%	1.39%
EBITDA+	-3.07M	1.09M	6.8M	14.41M	24.41M	35.06M	30.28M	43.7M
EBITDA Margin %	-0.06%	0.01%	0.05%	0.08%	0.11%	0.14%	0.11%	0.13%
EBITDA Growth %	-	1.36%	5.22%	1.12%	0.69%	0.44%	-0.14%	0.44%
D&A (Non-Cash Add-back)	2.63M	5.56M	8.57M	11.9M	14.41M	19.54M	21.98M	23.9M
EBIT	-5.7M	-4.46M	-1.77M	0	0	0	0	0
Net Interest Income+	0	0	0	0	0	0	0	0
Interest Income	0	0	0	0	0	0	0	0
Interest Expense	2.56M	-2.41M	-510K	-341K	0	0	0	0
Other Income/Expense	-2.56M	2.41M	510K	341K	262K	231K	175K	316K
Pretax Income+	-8.25M	-2.06M	-1.26M	2.85M	10.26M	15.75M	8.47M	20.12M
Pretax Margin %	-0.16%	-0.02%	-0.01%	0.02%	0.05%	0.06%	0.03%	0.06%
Income Tax+	0	0	0	0	262K	2.99M	1.26M	5.8M
Effective Tax Rate %	1%	1%	1%	1.02%	2.31%	0.81%	0.85%	0.71%
Net Income+	-8.25M	-2.06M	-1.26M	2.91M	23.68M	12.76M	7.21M	14.31M
Net Margin %	-0.16%	-0.02%	-0.01%	0.02%	0.11%	0.05%	0.03%	0.04%
Net Income Growth %	-	0.75%	0.39%	3.31%	7.13%	-0.46%	-0.43%	0.98%
Net Income (Continuing)	-8.25M	-2.06M	-1.26M	2.91M	23.68M	12.76M	7.21M	14.31M
Discontinued Operations	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.88	-0.07	-0.04	0.10	0.76	0.41	0.23	0.44
EPS Growth %	-	0.92%	0.39%	3.18%	6.81%	-0.46%	-0.44%	0.91%
EPS (Basic)	-0.88	-0.07	-0.04	0.10	0.78	0.42	0.23	0.45
Diluted Shares Outstanding	9.37M	27.88M	28.25M	29.95M	31.04M	31M	31.36M	32.84M
Basic Shares Outstanding	9.37M	27.88M	28.25M	28.77M	30.34M	30.39M	30.73M	31.62M
Dividend Payout Ratio	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014
Total Current Assets+	103.3M	110.89M	116.58M	129.96M	149.06M	100.11M	132.56M	173.61M
Cash & Short-Term Investments	101.53M	107.17M	113.1M	124.35M	140.11M	93.51M	123.2M	162.62M
Cash Only	97.05M	73.24M	59.82M	32.89M	49.59M	67.78M	82.48M	104.3M
Short-Term Investments	4.48M	33.93M	53.28M	91.46M	90.52M	25.73M	40.72M	58.32M
Accounts Receivable	62K	40K	53K	44K	58K	92K	180K	265K
Days Sales Outstanding	0.45	0.17	0.15	0.09	0.1	0.13	0.23	0.29
Inventory	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-
Other Current Assets	1.7M	3.67M	3.42M	5.56M	8.89M	6.51M	9.18M	10.72M
Total Non-Current Assets+	8.55M	16.26M	24.91M	37.72M	72.32M	157.15M	152.32M	149.25M
Property, Plant & Equipment	7.99M	15.8M	23.89M	29.72M	34.26M	39.65M	39.24M	43.74M
Fixed Asset Turnover	6.32x	5.52x	5.40x	5.86x	6.26x	6.36x	7.27x	7.58x
Goodwill	0	0	0	5.25M	18.93M	95.5M	95.5M	95.5M
Intangible Assets	0	0	0	781K	3.05M	6.76M	4.36M	2.16M
Long-Term Investments	4.48M	33.93M	53.28M	91.46M	90.52M	25.73M	40.72M	58.32M
Other Non-Current Assets	-3.92M	-33.47M	-52.26M	-89.5M	-74.45M	-21.88M	-37.08M	-55.13M
Total Assets+	111.84M	127.14M	141.49M	167.68M	221.38M	257.26M	284.87M	322.87M
Asset Turnover	0.45x	0.69x	0.91x	1.04x	0.97x	0.98x	1.00x	1.03x
Asset Growth %	-	0.14%	0.11%	0.19%	0.32%	0.16%	0.11%	0.13%
Total Current Liabilities+	17.49M	25.3M	33.36M	39.27M	48.4M	51.67M	52.94M	54.77M
Accounts Payable	3.86M	4.79M	5.81M	7.44M	8.91M	8.17M	6.78M	4.7M
Days Payables Outstanding	108.06	72.03	56.22	53.46	52.86	40.53	30.33	18.85
Short-Term Debt	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	3.28M	5.46M	7.21M	6.72M	10.52M	10.8M	10.9M	12.23M
Current Ratio	5.91x	4.38x	3.49x	3.31x	3.08x	1.94x	2.50x	3.17x
Quick Ratio	5.91x	4.38x	3.49x	3.31x	3.08x	1.94x	2.50x	3.17x
Cash Conversion Cycle	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	3.28M	5.46M	7.21M	6.72M	12.57M	11.1M	11.62M	15.44M
Long-Term Debt	3.28M	5.46M	7.21M	6.72M	10.52M	10.8M	10.9M	12.23M
Capital Lease Obligations	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	0	0	9.09M	9.56M	11.66M
Other Non-Current Liabilities	0	0	0	0	2.05M	-8.79M	-8.84M	-8.45M
Total Liabilities	17.49M	27.15M	36.52M	41.55M	50.46M	53.68M	55M	58.55M
Total Debt+	3.28M	5.46M	7.21M	6.72M	10.52M	10.8M	10.9M	12.23M
Net Debt	-93.77M	-67.78M	-52.61M	-26.17M	-39.07M	-56.97M	-71.58M	-92.07M
Debt / Equity	0.03x	0.05x	0.07x	0.05x	0.06x	0.05x	0.05x	0.05x
Debt / EBITDA	-	5.00x	1.06x	0.47x	0.43x	0.31x	0.36x	0.28x
Net Debt / EBITDA	-	-62.01x	-7.73x	-1.82x	-1.60x	-1.63x	-2.36x	-2.11x
Interest Coverage	-2.23x	-	-	-	-	-	-	-
Total Equity+	94.35M	99.99M	104.97M	126.12M	170.92M	203.58M	229.87M	264.31M
Equity Growth %	-	0.06%	0.05%	0.2%	0.36%	0.19%	0.13%	0.15%
Book Value per Share	10.07	3.59	3.72	4.21	5.51	6.57	7.33	8.05
Total Shareholders' Equity	94.35M	99.99M	104.97M	126.12M	170.92M	203.58M	229.87M	264.31M
Common Stock	276K	282K	284K	293K	301K	307K	312K	319K
Retained Earnings	0	0	0	0	0	-6.72M	88K	14.4M
Treasury Stock	0	0	0	0	0	0	0	0
Accumulated OCI	2K	106K	40K	13K	61K	11K	14K	-10K
Minority Interest	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014
Cash from Operations+	4.27M	13.88M	21.95M	25.05M	41.65M	38.7M	43.06M	57.41M
Operating CF Margin %	0.08%	0.16%	0.17%	0.14%	0.19%	0.15%	0.15%	0.17%
Operating CF Growth %	-	2.25%	0.58%	0.14%	0.66%	-0.07%	0.11%	0.33%
Net Income	-8.25M	-2.06M	-1.26M	2.91M	23.68M	12.76M	7.21M	14.31M
Depreciation & Amortization	2.63M	5.56M	8.57M	11.9M	14.41M	19.54M	21.98M	23.9M
Stock-Based Compensation	645K	2.86M	5.08M	8.55M	11.71M	14.27M	14.73M	16.65M
Deferred Taxes	-87.06M	0	0	-180K	-13.83M	-2.46M	885K	4.09M
Other Non-Cash Items	9.25M	7.74M	11.92M	-5.61M	-4.28M	46.8M	-32.92M	-40.77M
Working Capital Changes	87.06M	-221K	-2.37M	7.47M	9.97M	-52.22M	31.17M	39.23M
Change in Receivables	-29K	16K	-5K	11K	-17K	3K	-102K	-85K
Change in Inventory	0	-86.75M	-86.6M	-84.87M	-92.13M	-99.87M	-46.96M	-76.39M
Change in Payables	1.28M	928K	1.02M	1.64M	1.46M	-787K	-1.38M	-3.14M
Cash from Investing+	-6.02M	-42.42M	-36.51M	-57.71M	-33.97M	-26M	-34.65M	-42.23M
Capital Expenditures	-5.67M	-13.12M	-16.59M	-17.16M	-18.11M	-21.92M	-18.89M	-24.35M
CapEx % of Revenue	0.11%	0.15%	0.13%	0.1%	0.08%	0.09%	0.07%	0.07%
Acquisitions	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-
Other Investing	8.97M	4.5M	45.82M	109.2M	130.44M	0	4.82M	16.36M
Cash from Financing+	90.02M	4.73M	1.14M	5.73M	9.01M	5.49M	6.29M	6.65M
Debt Issued (Net)	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-
Other Financing	90.02M	4.73M	1.14M	5.73M	9.01M	5.49M	6.29M	6.65M
Net Change in Cash	-	-	-	-	-	-	-	-
Free Cash Flow+	-1.4M	758K	5.36M	7.89M	23.55M	16.77M	24.17M	33.07M
FCF Margin %	-0.03%	0.01%	0.04%	0.05%	0.11%	0.07%	0.08%	0.1%
FCF Growth %	-	1.54%	6.07%	0.47%	1.98%	-0.29%	0.44%	0.37%
FCF per Share	-0.15	0.03	0.19	0.26	0.76	0.54	0.77	1.01
FCF Conversion (FCF/Net Income)	-0.52x	-6.75x	-17.42x	8.60x	1.76x	3.03x	5.97x	4.01x
Interest Paid	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0

Key Ratios

Metric	2007	2008	2009	2010	2011	2012	2013	2014
Return on Equity (ROE)	-8.75%	-2.12%	-1.23%	2.52%	15.94%	6.81%	3.33%	5.79%
Return on Invested Capital (ROIC)	-	-20.43%	-3.14%	2.47%	6.47%	8.36%	4.08%	8.99%
Gross Margin	74.19%	72.21%	70.8%	70.83%	71.32%	70.83%	71.4%	72.54%
Net Margin	-16.35%	-2.36%	-0.98%	1.67%	11.04%	5.06%	2.53%	4.32%
Debt / Equity	0.03x	0.05x	0.07x	0.05x	0.06x	0.05x	0.05x	0.05x
Interest Coverage	-2.23x	-	-	-	-	-	-	-
FCF Conversion	-0.52x	-6.75x	-17.42x	8.60x	1.76x	3.03x	5.97x	4.01x
Revenue Growth	-	72.82%	47.89%	35%	23.07%	17.6%	13.18%	16.22%

Frequently Asked Questions

Valuation & Price

Constant Contact, Inc. (CTCT) has a price-to-earnings (P/E) ratio of 72.8x. This suggests investors expect higher future growth.

Growth & Financials

Constant Contact, Inc. (CTCT) reported $361.9M in revenue for fiscal year 2014. This represents a 617% increase from $50.5M in 2007.

Constant Contact, Inc. (CTCT) grew revenue by 16.2% over the past year. This is strong growth.

Yes, Constant Contact, Inc. (CTCT) is profitable, generating $20.0M in net income for fiscal year 2014 (4.3% net margin).

Dividend & Returns

Constant Contact, Inc. (CTCT) has a return on equity (ROE) of 5.8%. This is below average, suggesting room for improvement.

Constant Contact, Inc. (CTCT) generated $37.5M in free cash flow for fiscal year 2014. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.