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ACCD Price Correlated With Financials For Accolade

Free historical financial statements for Accolade, Inc.. See how revenue, income, cash flow, and balance sheet financials have changed over 9 quarters since 2020. Compare with ACCD stock chart to see long term trends.

ACCD Stock Compared to Quarterly

ACCD Income Statement

Revenue, Net:85528000
Revenue Per Share:1.2011
Cost of Goods & Services Sold:47615000
Selling, General & Admin Expense:25614000
Total Operating Expenses:383950000
Operating Income:-346721000
Income Taxes:-3899000
Net Income:-342822000
Earnings Per Share, Basic:-4.92
Shares Outstanding, Basic Avg:71209436

ACCD Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:11576000
Net Cash from Operations:-30461000
Net Cash from Operations Per Share:-0.4278
Net Cash from Financing Activities:1508000
Property, Plant & Equipment Purchases:506000
Purchases of Businesses, Net of Cash:null
Net Cash from Investing Activities:-1272000
Net Change in Cash & Equivalents:-30225000

ACCD Balance Sheet

Cash and Cash Equivalents:335628000
Accounts Receivable, Net:21739000
Total Current Assets:377567000
Property, Plant & Equipment, Net:11865000
Total Assets:944454000
Accounts Payable:7777000
Total Short-Term Liabilities:95479000
Total Liabilities:409947000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
SINGH RAJEEV   Chief Executive Officer
94,495 sh at $5
$512,221
Buy
SINGH RAJEEV   Chief Executive Officer
94,495 sh at $5
$512,221
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group Inc
5,007,733 sh
-32,417 sh
-1%
$87,936
-$44,922
Ark Investment Management LLC
4,851,074 sh
-178,074 sh
-4%
$85,185
-$47,383
Brown Advisory Inc
4,103,950 sh
2,029,528 sh
98%
$72,168
$17,486
Blackrock Inc.
3,730,360 sh
241,048 sh
7%
$65,503
-$26,475
JPMorgan Chase & Co
3,590,721 sh
675,881 sh
23%
$63,054
-$13,781
Bellevue Group Ag
3,381,507 sh
660,132 sh
24%
$59,380
-$12,355
Bamco Inc /Ny/
1,014,547 sh
152,000 sh
18%
$17,815
-$4,922
Franklin Resources Inc
975,738 sh
255,259 sh
35%
$17,134
-$1,858
Geode Capital Management, LLC
945,428 sh
-7,496 sh
-1%
$16,601
-$8,518
Jennison Associates LLC
721,114 sh
68,029 sh
10%
$12,663
-$4,552
Morgan Stanley
566,159 sh
58,301 sh
11%
$9,941
-$3,446
Northern Trust Corp
485,632 sh
-14,355 sh
-3%
$8,527
-$4,652
Renaissance Technologies LLC
450,500 sh
-55,400 sh
-11%
$7,911
-$5,425
Principal Financial Group Inc
437,758 sh
28,028 sh
7%
$7,687
-$3,114
Nikko Asset Management Americas, Inc.
415,898 sh
-31,239 sh
-7%
$7,278
-$1,665
Sumitomo Mitsui Trust Holdings, Inc.
415,898 sh
-31,239 sh
-7%
$7,303
-$4,484
Charles Schwab Investment Management Inc
406,772 sh
10,627 sh
3%
$7,143
-$3,300
Deutsche Bank Ag\
331,368 sh
331,118 sh
132447%
$5,819
$5,812
FMR LLC
329,339 sh
154,061 sh
88%
$5,783
$1,163
Lazard Asset Management LLC
317,408 sh
75,729 sh
31%
$5,573
-$797
COMPANY PROFILE
(a) Basis of Presentation and Principles of Consolidation Accolade’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) and include the Company’s accounts and those of the Company’s wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Through the acquisition of PlushCare, the Company has various administrative service agreements (ASA) with professional medical corporations established in California, Illinois, Wyoming, and New Jersey (PC). The PCs employ or contract with medical providers who provide services via the Company’s technology platform. The ASAs are evergreen and are terminable by the parties for breach or bankruptcy. Through the ASAs, the Company provides non-clinical administrative services to the PCs and manages the economic activities that most significantly affect PCs. The PCs retain control over the provision of medical services and the PC’s clinical personnel. The PCs are variable interest entities (VIE) to the Company. Under Accounting Standards Codification Subtopic 810 – Consolidation, the Company is considered the PC’s primary beneficiary because the Company has the power to direct the activities that most significantly impact the VIE’s economic performance and absorbs the residual benefits and losses from the VIE’s operations. Consequently, the Company consolidates the operations of the PCs. PC assets were $17,838 as of February 28, 2022. These assets consisted primarily of cash of $16,137 and accounts receivable of $1,654, which may only be used to settle the obligations of the PCs. PC liabilities were $10,490 as of February 28, 2022. The PCs and the Company are independent entities, and as such creditors of the PCs do not have recourse against the Company in the event of default by the PC. Additionally, the PC’s non-cash assets are available to the Company to satisfy obligations or for other corporate purposes.

Data imported from Accolade, Inc. SEC filings. Check original filings before making any investment decision.