Altair Engineering Inc. financial data

Symbol
ALTR on Nasdaq
Industry
Services-Prepackaged Software
Location
1820 E. Big Beaver Road, Troy, MI
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Feb 20, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 238 % +21.6%
Debt-to-equity 70.5 % -28.1%
Return On Assets 1.02 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 5.8B USD +41.5%
Weighted Average Number of Shares Outstanding, Basic 84.1M shares +4.33%
Weighted Average Number of Shares Outstanding, Diluted 88.6M shares +9.88%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 666M USD +8.66%
Research and Development Expense 221M USD +4.01%
Selling and Marketing Expense 184M USD +4.62%
General and Administrative Expense 90.2M USD +27.2%
Operating Income (Loss) 17.7M USD +7178%
Nonoperating Income (Expense) 20.8M USD +12.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 32.6M USD +159%
Income Tax Expense (Benefit) 18.5M USD -14.3%
Net Income (Loss) Attributable to Parent 14.2M USD -94.9%
Earnings Per Share, Basic 0.17 USD/shares -95.8%
Earnings Per Share, Diluted 0.16 USD/shares -100%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 562M USD +20.2%
Accounts Receivable, after Allowance for Credit Loss, Current 174M USD -8.9%
Assets, Current 785M USD +12%
Deferred Income Tax Assets, Net 8.77M USD -11.9%
Property, Plant and Equipment, Net 41M USD +3.03%
Operating Lease, Right-of-Use Asset 31.1M USD +1.16%
Intangible Assets, Net (Excluding Goodwill) 72.9M USD -12.7%
Goodwill 462M USD +0.95%
Other Assets, Noncurrent 44.4M USD +9.1%
Assets 1.45B USD +6.03%
Accounts Payable, Current 7.32M USD -18.7%
Employee-related Liabilities, Current 50.3M USD +11.6%
Contract with Customer, Liability, Current 139M USD +5.88%
Liabilities, Current 488M USD +50.5%
Contract with Customer, Liability, Noncurrent 28.5M USD -11.8%
Deferred Income Tax Liabilities, Net 13.3M USD +3.45%
Operating Lease, Liability, Noncurrent 24.1M USD +6.7%
Other Liabilities, Noncurrent 48M USD +1.84%
Liabilities 588M USD -9.77%
Accumulated Other Comprehensive Income (Loss), Net of Tax -37.3M USD -67.1%
Retained Earnings (Accumulated Deficit) -116M USD +10.9%
Stockholders' Equity Attributable to Parent 857M USD +20.5%
Liabilities and Equity 1.45B USD +6.03%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 73.5M USD +24.1%
Net Cash Provided by (Used in) Financing Activities 22M USD +304%
Net Cash Provided by (Used in) Investing Activities -2.76M USD +11.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 90.1M USD +45.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 562M USD +20.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 46K USD +1433%
Deferred Tax Assets, Valuation Allowance 205M USD +14%
Deferred Tax Assets, Gross 227M USD +9.06%
Operating Lease, Liability 32M USD +1.8%
Depreciation 9.1M USD +9.64%
Payments to Acquire Property, Plant, and Equipment 2.77M USD +60.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -797K USD +35.4%
Lessee, Operating Lease, Liability, to be Paid 38M USD +2.51%
Property, Plant and Equipment, Gross 96.7M USD +2.47%
Operating Lease, Liability, Current 7.88M USD -10.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.61M USD +19.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 9.55M USD -6.09%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +25.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6.02M USD +6.43%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.28M USD +8.43%
Deferred Tax Assets, Operating Loss Carryforwards 57.9M USD -4.56%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 45M shares 0%
Unrecognized Tax Benefits 33M USD -13.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.44M USD -11.7%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 33M USD +7.04%
Depreciation, Depletion and Amortization 42.2M USD +7.77%
Deferred Tax Assets, Net of Valuation Allowance 22.5M USD -21.9%
Interest Expense 5.84M USD -4.58%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%