Overview
$131.6M Revenue, fiscal 20212 -$61.2M Net income, fiscal 20212 Industry Services-Computer Programming Services Headquarters DE Incorporated in DE3 Business address 1009 Lenox Drive, Suite 101, Lawrenceville, Nj 086483 Filer category Large accelerated filer3 See how the biggest companies compare on our leaderboards
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021 21.2% Revenue growth, 20212 Where the money goes Where each dollar of revenue went, fiscal 2021 Cost of revenue Research and development
Cost of revenue 55¢ $71.9M Research and development 38¢ $50.1M Other costs 7¢ $9.5M Income tax 0¢ $113.0K Out of $131.6M in revenue.2
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue2 $131.6M in 2021+36% since 2019 0 $50.0M $100.0M $150.0M 2019: $96.5M $96.5M 2019 2020: $108.6M $108.6M 2020 +13% 2021: $131.6M $131.6M 2021 +21% Gross profit2 $94.5M in 2021+47% since 2019 0 $25.0M $50.0M $75.0M $100.0M 2019: $64.4M $64.4M 2019 2020: $76.0M $76.0M 2020 +18% 2021: $94.5M $94.5M 2021 +24% Operating income2 -$49.0M in 2021+132% since 2019 -$60.0M -$40.0M -$20.0M 0 2019: -$21.1M -$21.1M 2019 2020: -$11.7M -$11.7M 2020 −45% 2021: -$49.0M -$49.0M 2021 +320% Net income2 -$61.2M in 2021+168% since 2019 -$80.0M -$60.0M -$40.0M -$20.0M 0 2019: -$22.8M -$22.8M 2019 2020: -$17.0M -$17.0M 2020 −25% 2021: -$61.2M -$61.2M 2021 +259% No quarterly figures reported.
Fiscal year 2018 2019 2020 2021 Revenue $96.5M2 $108.6M2 $131.6M2 Cost of revenue $72.0M2 $69.6M2 $71.9M2 Gross profit $64.4M2 $76.0M2 $94.5M2 Research and development $34.3M2 $36.5M2 $50.1M2 Operating income -$21.1M2 -$11.7M2 -$49.0M2 Income tax $160.0K2 $204.0K2 -$113.0K2 Net income -$22.8M2 -$17.0M2 -$61.2M2 Earnings per share -$0.232 -$0.172 -$0.392 Earnings per share (diluted) -$0.232 -$0.172 -$0.392
Total assets4 2 $470.6M in 2021+86% since 2019 0 $200.0M $400.0M $600.0M 2019: $253.6M $253.6M 2019 2020: $147.5M $147.5M 2020 −42% 2021: $470.6M $470.6M 2021 +219% Total liabilities4 2 $161.0M in 2021+1831% since 2019 0 $50.0M $100.0M $150.0M $200.0M 2019: $8.3M $8.3M 2019 2020: $143.7M $143.7M 2020 +1624% 2021: $161.0M $161.0M 2021 +12% Shareholders’ equity2 $309.6M in 2021+807% since 2018 0 $100.0M $200.0M $300.0M $400.0M 2018: $34.1M $34.1M 2018 2019: $16.5M $16.5M 2019 −52% 2020: $3.8M $3.8M 2020 −77% 2021: $309.6M $309.6M 2021 +8027% Cash2 $187.7M in 2021+793% since 2018 0 $50.0M $100.0M $150.0M $200.0M 2018: $21.0M $21.0M 2018 2019: $25.9M $25.9M 2019 +23% 2020: $14.6M $14.6M 2020 −43% 2021: $187.7M $187.7M 2021 +1182% No quarterly figures reported.
Fiscal year 2018 2019 2020 2021 Cash $21.0M2 $25.9M2 $14.6M2 $187.7M2 Current assets $1.8M4 $70.4M2 $299.7M2 Total assets $253.6M4 $147.5M2 $470.6M2 Current liabilities $366.6K4 $65.1M2 $88.8M2 Total liabilities $8.3M4 $143.7M2 $161.0M2 Shareholders’ equity $34.1M2 $16.5M2 $3.8M2 $309.6M2 Shares outstanding 145.3M shares2
Cash from operations2 -$9.6M in 2021+31% since 2019 -$10.0M -$7.5M -$5.0M -$2.5M 0 2019: -$7.3M -$7.3M 2019 2020: -$217.0K -$217.0K 2020 −97% 2021: -$9.6M -$9.6M 2021 +4306% Capital spending2 $1.6M in 2021−62% since 2019 0 $2.0M $4.0M $6.0M 2019: $4.3M $4.3M 2019 2020: $1.8M $1.8M 2020 −59% 2021: $1.6M $1.6M 2021 −7% Free cash flow2 -$11.2M in 2021−3% since 2019 -$15.0M -$10.0M -$5.0M 0 2019: -$11.6M -$11.6M 2019 2020: -$2.0M -$2.0M 2020 −83% 2021: -$11.2M -$11.2M 2021 +467% Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2018 2019 2020 2021 Cash from operations -$7.3M2 -$217.0K2 -$9.6M2 Capital spending $4.3M2 $1.8M2 $1.6M2 Free cash flow -$11.6M -$2.0M -$11.2M
Compare BTRS Holdings Inc. with another company
Former names
South Mountain Merger Corp. May 3, 2019 to Jan 12, 20213
Recent filings
Dec 20, 2022 4 Dec 20, 2022 4 Dec 20, 2022 4 Dec 20, 2022 4 Dec 20, 2022 4 Dec 20, 2022 4 Dec 20, 2022 4 Dec 20, 2022 4 Dec 20, 2022 4 Dec 20, 2022 4 Dec 20, 2022 4 Dec 20, 2022 4 Dec 20, 2022 4 FORM 4 SUBMISSIONDec 20, 2022 4 FORM 4 SUBMISSIONDec 16, 2022 8-K Every filing from the last three years, summarized . The full record is on SEC EDGAR.1
