model n is the leader in revenue management solutions. driving mission critical business processes such as configure, price and quote (cpq), contract and rebate management, business intelligence, and regulatory compliance, model n solutions transform the revenue lifecycle from a series of disjointed operations into a strategic end-to-end process. with deep industry expertise, model n supports the complex business needs of the world’s leading brands in life sciences, technology and manufacturing across more than 100 countries, including johnson & johnson, astrazeneca, boston scientific, novartis, microchip technology and on semiconductor. for more information, visit www.modeln.com. model n® is the registered trademark of model n, inc. any other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.
![Model N logo](/files/LOGO/1118417-MODN.png)
Company profile
Ticker
MODN
Exchange
Website
CEO
Jason Blessing
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MODEL N INC
SEC CIK
Corporate docs
Subsidiaries
Model N India Software Private Limited • Model N (Switzerland) GmbH • Model N UK Limited • Sapphire Stripe Holdings, Inc. • Model N Canada Limited ...
IRS number
770528806
MODN stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
8 Jul 24
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jun 24
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jun 24
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jun 24
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jun 24
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jun 24
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jun 24
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jun 24
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jun 24
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jun 24
Transcripts
MODN
Earnings call transcript
2024 Q1
6 Feb 24
MODN
Earnings call transcript
2023 Q4
9 Nov 23
MODN
Earnings call transcript
2023 Q3
8 Aug 23
MODN
Earnings call transcript
2023 Q3
8 Aug 23
MODN
Earnings call transcript
2023 Q2
9 May 23
MODN
Earnings call transcript
2023 Q1
7 Feb 23
MODN
Earnings call transcript
2022 Q4
9 Nov 22
MODN
Earnings call transcript
2022 Q3
13 Aug 22
MODN
Earnings call transcript
2022 Q2
11 May 22
MODN
Earnings call transcript
2022 Q1
9 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Sep 23 | Sep 22 | Sep 21 | Sep 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 334.65 mm | 334.65 mm | 334.65 mm | 334.65 mm | 334.65 mm | 334.65 mm |
Cash burn (monthly) | (no burn) | (no burn) | 875.00 k | 27.92 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 3.38 mm | 107.94 k | n/a | n/a |
Cash remaining | n/a | n/a | 331.26 mm | 334.54 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 378.6 | 11983.4 | n/a | n/a |
Institutional ownership, Q1 2024
99.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 159 |
Opened positions | 59 |
Closed positions | 20 |
Increased positions | 44 |
Reduced positions | 38 |
13F shares | Current |
---|---|
Total value | 1.02 tn |
Total shares | 39.38 mm |
Total puts | 55.50 k |
Total calls | 15.60 k |
Total put/call ratio | 3.6 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.91 mm | $111.31 bn |
Conestoga Capital Advisors | 3.86 mm | $109.76 bn |
Neuberger Berman | 3.39 mm | $96.62 bn |
Artisan Partners Limited Partnership | 3.11 mm | $88.43 bn |
Clearbridge Advisors | 2.90 mm | $82.64 bn |
Vanguard | 2.81 mm | $79.93 bn |
Riverbridge Partners | 1.27 mm | $36.02 bn |
T. Rowe Price Investment Management | 1.10 mm | $31.29 mm |
STT State Street | 970.24 k | $27.62 bn |
First Light Asset Management | 894.24 k | $25.46 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Jun 24 | Baljit Dail | Common Stock | Sale back to company | Dispose D | No | No | 30 | 63,526 | 1.91 mm | 0 |
27 Jun 24 | Adams Timothy M | Common Stock | Sale back to company | Dispose D | No | No | 30 | 23,627 | 708.81 k | 0 |
27 Jun 24 | Reese Scott | Common Stock | Sale back to company | Dispose D | No | No | 30 | 33,498 | 1.00 mm | 0 |
27 Jun 24 | Henricks Alan S. | Common Stock | Sale back to company | Dispose D | No | No | 30 | 36,457 | 1.09 mm | 0 |
27 Jun 24 | Manisha Shetty Gulati | Common Stock | Sale back to company | Dispose D | No | No | 30 | 14,076 | 422.28 k | 0 |
News
JMP Securities Reiterates Market Perform on Model N
7 May 24
Needham Reiterates Hold on Model N
7 May 24
JMP Securities Reiterates Market Perform on Model N
6 May 24
Model N Will Not Provide Guidance for Q3 and Suspended Outlook for FY24 Due to Pending Acquisition by Affiliates of Vista Equity Partners
6 May 24
Model N Q2 2024 Adj EPS $0.24 Misses $0.28 Estimate, Sales $65.111M Beat $64.325M Estimate
6 May 24
Press releases
Model N Named in U.S. News & World Report's 2024-2025 Best Companies to Work For
11 Jul 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MODN, DPSI, SRCL on Behalf of Shareholders
5 Jun 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Continues to Investigate ABIO, MODN, DPSI, AIRC
5 Jun 24
URGENT SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Upcoming Vote on June 25, 2024, of Model N, Inc. - MODN
4 Jun 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ETRN, MODN, ALRS, CRGY
21 May 24