Innodata Financials

INOD Stock  USD 45.18  1.05  2.27%   
Based on the key measurements obtained from Innodata's financial statements, Innodata may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Innodata's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 27.5 M, whereas Short and Long Term Debt Total is forecasted to decline to about 3.3 M. Key indicators impacting Innodata's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.331.3986
Notably Down
Slightly volatile
The financial analysis of Innodata is a critical element in measuring its lifeblood. Investors should not minimize Innodata's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(862,600)

  
Understanding current and past Innodata Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Innodata's financial statements are interrelated, with each one affecting the others. For example, an increase in Innodata's assets may result in an increase in income on the income statement.

Innodata Earnings Geography

Please note, the presentation of Innodata's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Innodata's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Innodata's management manipulating its earnings.

Innodata Stock Summary

Innodata competes with ASGN, Formula Systems, FiscalNote Holdings, International Business, and Aurora Innovation. Innodata Inc. operates as a global data engineering company in the United States, the United Kingdom, the Netherlands, Canada, and internationally. Innodata Inc. was incorporated in 1988 and is headquartered in Ridgefield Park, New Jersey. Innodata operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 4500 people.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS4576422053
CUSIP457642205 457642106
LocationNew Jersey; U.S.A
Business Address55 Challenger Road,
SectorProfessional Services
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.innodata.com
Phone201 371 8000
CurrencyUSD - US Dollar

Innodata Key Financial Ratios

Innodata Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets49.7M57.3M59.2M48.0M59.4M41.8M
Other Current Liab912K10.9M1.3M5.8M12.1M12.7M
Net Debt(3.0M)(10.3M)(12.6M)(5.1M)(8.3M)(8.7M)
Retained Earnings5.0M4.8M3.2M(8.8M)(9.7M)(9.2M)
Accounts Payable4.8M1.4M9.4M9.9M2.7M3.3M
Cash10.9M17.6M18.9M9.8M13.8M13.7M
Net Receivables9.7M10.0M11.4M9.5M14.3M9.7M
Other Current Assets3.4M4.2M3.7M3.9M4.0M3.2M
Total Liab26.9M31.0M32.8M30.0M34.4M36.2M
Total Current Assets24.0M31.9M34.0M23.7M32.1M27.5M
Short Term Debt1.1M990K1.0M693K(538K)(511.1K)
Intangible Assets5.5M4.7M10.3M12.5M13.8M14.4M
Other Assets4.0M11.4M4.2M3.0M3.4M4.2M
Good Will2.1M2.2M2.1M2.0M2.1M1.4M
Long Term Debt4.5M6.3M6.2M5.1M5.8M3.4M
Other Liab4.8M6.1M6.2M5.1M5.9M4.1M
Net Tangible Assets22.0M22.8M17.4M3.5M3.1M3.0M
Warrants(3.4M)(3.4M)(3.5M)(727K)(654.3K)(687.0K)
Long Term Debt Total4.5M6.3M6.2M5.1M5.8M4.9M

Innodata Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense51K135K100.011K179K188.0K
Total Revenue55.9M58.2M69.8M79.0M86.8M57.1M
Gross Profit18.5M19.9M25.7M27.5M31.3M17.0M
Operating Income(3.4M)1.3M(2.2M)(10.5M)939K986.0K
Ebit(3.4M)1.3M(1.7M)(10.5M)318K256.0K
Ebitda(477K)3.5M1.2M(6.6M)5.0M2.7M
Cost Of Revenue37.3M38.4M44.0M51.5M55.5M40.0M
Income Before Tax(528K)1.0M(963K)(10.5M)139K268.2K
Net Income(1.6M)617K(1.8M)(12.0M)(908K)(862.6K)
Income Tax Expense1.1M401K842K1.5M1.0M839.1K
Research Development305K1.3M1.3M2.1M2.7M2.8M
Minority Interest7K(17K)(3.4M)132K(70K)(17.9K)
Tax Provision1.1M401K842K1.5M1.0M1.1M
Net Interest Income(51K)(135K)108K(11K)(132K)(125.4K)

Innodata Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash5K6.7M1.3M(9.1M)4.0M4.2M
Free Cash Flow3.1M4.2M783K(7.7M)339K591.9K
Depreciation2.9M2.3M2.9M3.9M4.7M3.3M
Other Non Cash Items335K839K(73K)1.5M1.5M1.1M
Capital Expenditures1.8M1.4M4.4M6.5M5.6M3.3M
Net Income(1.6M)644K(1.8M)(12.0M)(908K)(862.6K)
End Period Cash Flow10.9M17.6M18.9M9.8M13.8M13.9M
Change To Netincome523K1.2M1.6M4.0M4.6M4.8M
Change To Inventory1.1M1.2M1.5M442K508.3K533.7K
Change Receivables1.2M(481K)(1.9M)1.3M1.5M1.6M
Investments(1.8M)(1.4M)(4.4M)(507K)(5.6M)(5.9M)

Innodata Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Innodata's current stock value. Our valuation model uses many indicators to compare Innodata value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Innodata competition to find correlations between indicators driving Innodata's intrinsic value. More Info.
Innodata is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about  0.23  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Innodata is roughly  4.29 . At present, Innodata's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Innodata by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Innodata Systematic Risk

Innodata's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Innodata volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Innodata correlated with the market. If Beta is less than 0 Innodata generally moves in the opposite direction as compared to the market. If Innodata Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Innodata is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Innodata is generally in the same direction as the market. If Beta > 1 Innodata moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Innodata Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Innodata's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Innodata growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.86

At present, Innodata's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Innodata November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Innodata help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Innodata. We use our internally-developed statistical techniques to arrive at the intrinsic value of Innodata based on widely used predictive technical indicators. In general, we focus on analyzing Innodata Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Innodata's daily price indicators and compare them against related drivers.

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When running Innodata's price analysis, check to measure Innodata's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innodata is operating at the current time. Most of Innodata's value examination focuses on studying past and present price action to predict the probability of Innodata's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innodata's price. Additionally, you may evaluate how the addition of Innodata to your portfolios can decrease your overall portfolio volatility.
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