NYSE$MLNK

MeridianLink Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

MeridianLink reported strong financial results, driven by robust organic growth and best-in-class margins.

MeridianLink reported a revenue of $68.5 million, representing a 38% year-over-year increase. The company's operating profit was $19.2 million, or 28% of revenue, and adjusted EBITDA was $33.4 million, or 49% of revenue. MeridianLink completed its initial public offering on July 28, 2021, for net proceeds of $241.5 million.

  • Revenue increased by 38% year-over-year, reaching $68.5 million.
  • Operating profit was $19.2 million, representing 28% of revenue.
  • Adjusted EBITDA was $33.4 million, or 49% of revenue.
  • Completed initial public offering on July 28, 2021, with net proceeds of $241.5 million.

Headline financials

Total Revenue

$68.5M

Previous: $49.5M+38.2%
EPS (adj)

$0.16

Previous: $0.07+136.8%
Adjusted EBITDA Margin

49.0%

No prior period
Capital Expenditures

$308K

No prior period
Free Cash Flow

$19.5M

No prior period
Net Income

$7.43M

Previous: $4.9M+51.8%
Operating Income

$19.2M

Previous: $14.7M+30.9%
Gross Profit

$47.4M

Previous: $35.3M+34.2%
Cash & Equivalents

$29.2M

No prior period
Total Assets

$970M

No prior period
Stock-Based Comp

$665K

No prior period

Revenue & EPS history

MeridianLink · Revenue · Quarterly

$68.5M

Q2 2021+38.2%vs Q2 2020
Beat estimate in 8 of 10 quarters(80%)
ActualEstimate

Revenue by segment

MeridianLink · $68.5M total across 2 segments · Q2 2021

  • Lending Software Solutions
    $45.2M+37.9%
  • Data Verification Software Solutions
    $23.2M+38.8%

Forward guidance

The Company issues the following financial guidance. Third Quarter Fiscal 2021: Revenue is expected to be in the range of $62.9 million to $63.5 million. Adjusted EBITDA is expected to be in the range of $25.0 million to $25.6 million. Full Year 2021: Revenue is expected to be in the range of $256.7 million to $257.9 million. Adjusted EBITDA is expected to be in the range of $112.3 million to $113.5 million

Historical earnings impact

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

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

+1.0%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+2.6%

Avg return

30 days after

57%

12 / 21 earnings

Positive

+24.6%

Q2 2025

Best reaction

-23.9%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2025+24.6%+24.7%+25.3%
Q1 2025-2.0%-4.3%-5.3%
Q4 2025+16.6%+6.3%-9.7%
Q3 2024+0.2%+1.5%-4.1%
Q2 2024-4.2%-3.3%+2.0%
Q1 2024+1.4%-3.3%+13.4%
Q4 2023-4.4%-3.3%-3.4%
Q3 2023+2.1%
Q2 2023-23.9%
Q1 2023+1.3%
Q4 2022-0.2%
Q3 2022-14.8%
Q2 2022+4.0%
Q1 2022+16.9%
Q4 2021-2.4%
Q4 2019-2.4%
Q3 2020+3.3%
Q3 2021+3.3%
Q1 2021+2.1%
Q4 2020+2.1%
Q2 2021-2.2%
Q2 2020
Q1 2020

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