NASDAQ$SSTI

ShotSpotter Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and year ended December 31, 2021.

ShotSpotter's Q4 2021 revenues increased by 10% to $14.0 million compared to the same quarter in 2020. However, the company experienced a GAAP net loss of $3.3 million, a significant increase from the $220,000 net loss in Q4 2020. The company increases its full year 2022 revenue guidance to $81.0 million to $83.0 million.

  • Revenues increased 10% to $14.0 million from $12.6 million for the same quarter of 2020.
  • Gross profit was $7.5 million (54% of revenues), as compared to $7.5 million (59% of revenues) for the same quarter of 2020.
  • GAAP net loss totaled $3.3 million, compared to GAAP net loss of $220,000 for the same quarter of 2020.
  • Maintained a strong balance sheet with $15.6 million in cash and cash equivalents

Headline financials

Total Revenue

$14M

Previous: $12.6M+10.5%
EPS (adj)

-$0.12

Previous: $0.04-400.0%
Capital Expenditures

$2.21M

Previous: $927K+138.2%
Free Cash Flow

$2.24M

Previous: $1.47M+52.0%
Net Income

-$3.3M

Previous: -$220K-1400.0%
Operating Income

-$3.15M

Previous: -$223K-1314.3%
Gross Profit

$7.5M

Previous: $7.5M+0.0%
Cash & Equivalents

$15.6M

Previous: $16M-2.5%
Total Assets

$72.3M

Previous: $66.3M+9.0%
Stock-Based Comp

$1.55M

Previous: $1.22M+27.5%

Revenue & EPS history

ShotSpotter · Revenue · Quarterly

$14M

Q4 2021+10.5%vs Q4 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

The company increases its full year 2022 revenue guidance to $81.0 million to $83.0 million, representing approximately 41% year-over-year growth at the midpoint compared to 2021. Management expects adjusted EBITDA to be approximately 15% to 20% of forecasted revenue in 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.3%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+1.4%

Avg return

30 days after

42%

15 / 36 earnings

Positive

+38.7%

Q2 2020

Best reaction

-21.8%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%
Q4 2025-18.9%-11.2%-14.9%
Q3 2025-14.1%-27.3%-10.0%
Q2 2025+15.8%+14.6%+11.5%
Q1 2025-1.4%-7.8%-1.4%
Q4 2024+23.6%+15.2%+27.5%
Q3 2024-10.4%-8.5%+2.7%
Q2 2024+5.1%+3.7%-2.5%
Q1 2024-4.3%-1.2%-4.5%
Q4 2023-1.6%-0.3%-10.7%
Q3 2023+15.9%+29.5%+49.5%
Q2 2023-19.8%-10.0%-1.5%
Q1 2023-21.8%-27.9%-21.7%
Q4 2022-5.4%-8.1%+5.6%
Q3 2022+0.4%-0.8%-0.6%
Q2 2022+14.3%+11.6%-11.0%
Q1 2022+2.9%+11.6%+20.3%
Q4 2021-6.5%-0.7%+8.6%
Q3 2021-10.4%-8.7%-15.8%
Q2 2021-4.8%-3.3%-18.1%
Q1 2021+23.1%+24.7%+24.1%
Q4 2020-8.9%-15.9%-20.0%
Q3 2020-3.0%-10.2%+1.5%
Q2 2020+38.7%+19.4%+18.2%
Q1 2020-19.5%-21.8%-13.2%
Q4 2019+27.0%+24.8%+2.0%
Q3 2019+6.4%+9.9%+20.4%
Q2 2019-12.8%-12.7%-24.0%
Q1 2019-18.5%-18.9%-17.3%
Q4 2018+6.5%+4.5%-9.7%
Q3 2018-12.7%-9.5%-1.4%
Q2 2018-2.2%+7.9%+29.8%
Q1 2018-4.3%-1.0%+20.4%
Q4 2017-3.9%-6.2%+18.8%
Q3 2017+10.4%+14.1%-12.9%
Q2 2017+2.6%+3.8%+0.5%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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