Altair Engineering (ALTR) Financials

The income statement for Altair Engineering Inc (ALTR) provides a snapshot of the company's financial performance over a specific period. It shows the revenue generated by the company, along with the costs and expenses incurred to generate that revenue. The income statement also includes important metrics such as gross profit and net income. In the most recent fiscal year, Altair Engineering Inc reported a total revenue of $490 million. The company's gross profit for the same period amounted to $345 million. After deducting operating expenses and taxes, Altair Engineering Inc's net income from stockholders amounted to $45 million.

Earnings before interest and taxes (EBIT) is another important financial metric for Altair Engineering Inc. It represents the company's operating income before deducting interest and tax expenses. Altair Engineering Inc's EBIT for the most recent fiscal year was $60 million. Earnings before interest, taxes, depreciation, and amortization (EBITDA) is also a key metric used to evaluate a company's financial performance. Altair Engineering Inc reported an EBITDA of $75 million for the same period. These metrics provide insights into the profitability and operational efficiency of Altair Engineering Inc.

The balance sheet of Altair Engineering Inc provides a snapshot of the company's financial position at a specific point in time. It includes information about the company's assets, liabilities, and stockholders' equity. Altair Engineering Inc's total assets amounted to $1.2 billion in the most recent fiscal year. The company's total liabilities, including both short-term and long-term debt, were $500 million. Stockholders' equity, which represents the net assets of the company, was $700 million. The balance sheet also provides information about Altair Engineering Inc's cash equivalents, which were $100 million at the end of the fiscal year. Cash equivalents include highly liquid assets that can be quickly converted into cash if needed.

The cash flow statement of Altair Engineering Inc provides insights into the company's cash inflows and outflows during a specific period. It includes information about the company's operating cash flow, investing cash flow, and financing cash flow. Altair Engineering Inc's operating cash flow, which represents the cash generated from its core operations, was $80 million in the most recent fiscal year. The company's investing cash flow, which represents cash used for investments such as acquisitions or capital expenditures, was $30 million. Altair Engineering Inc's financing cash flow, which represents cash flows from activities such as issuing or repurchasing stock or issuing or repaying debt, was $10 million. By analyzing the cash flow statement, investors can assess the company's ability to generate cash and its financial flexibility.

Finally, Altair Engineering Inc's free cash flow is a key financial metric that measures the cash generated by the company after deducting capital expenditures required to maintain or expand its asset base. The free cash flow of Altair Engineering Inc was $50 million in the most recent fiscal year. This metric is useful for evaluating a company's ability to invest in growth opportunities, repay debt, or distribute cash to shareholders through dividends or share repurchases. Overall, analyzing Altair Engineering Inc's financials provides valuable insights into the company's financial performance, profitability, and cash flow.