| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 170.91M | 173.59M | 164.20M | 173.76M | 189.34M | 291.67M |
| Gross Profit | 135.17M | 134.55M | 121.98M | 127.26M | 129.18M | 169.85M |
| EBITDA | 22.99M | 46.47M | 10.46M | 37.22M | 3.41M | 6.64M |
| Net Income | -9.72M | 6.17M | -54.53M | -7.92M | -22.94M | -10.70M |
Balance Sheet | ||||||
| Total Assets | 278.22M | 293.82M | 310.34M | 398.07M | 450.73M | 482.25M |
| Cash, Cash Equivalents and Short-Term Investments | 34.83M | 33.38M | 24.57M | 18.31M | 31.50M | 33.67M |
| Total Debt | 180.74M | 210.22M | 166.21M | 169.38M | 176.69M | 64.35M |
| Total Liabilities | 222.87M | 251.55M | 212.40M | 249.13M | 274.91M | 426.47M |
| Stockholders Equity | 55.35M | 29.77M | 85.43M | 136.44M | 163.33M | 43.28M |
Cash Flow | ||||||
| Free Cash Flow | 47.65M | 13.36M | -1.04M | -3.81M | -19.55M | -18.51M |
| Operating Cash Flow | 55.01M | 28.28M | 18.83M | 17.36M | 4.95M | -564.00K |
| Investing Cash Flow | -14.20M | -13.13M | 3.80M | -13.17M | -23.94M | -14.34M |
| Financing Cash Flow | -30.75M | -5.85M | -19.98M | -13.28M | 16.19M | 9.99M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | $39.02M | ― | -9.11% | ― | 18.99% | 77.96% | |
55 Neutral | $69.74M | -3.40 | -14.38% | ― | 9.16% | 20.13% | |
50 Neutral | $50.15M | -77.89 | -3.89% | ― | 134.43% | 95.39% | |
46 Neutral | $57.54M | ― | -21.44% | ― | 0.07% | 58.47% |
The recent earnings call for Synchronoss painted a mixed picture for investors. While the company showcased strong profitability and stability in its recurring revenue, challenges in revenue and subscriber growth were evident. Strategic initiatives in AI and successful debt refinancing were highlighted as positives, but concerns were raised due to lowered financial guidance and delayed customer contracts.
Synchronoss Technologies, a global leader in personal cloud solutions, provides service providers with SaaS platforms to enhance subscriber engagement and streamline operations. In its third quarter of 2025, Synchronoss reported a net income of $5.8 million and a diluted EPS of $0.51, with total revenue reaching $42 million, 93.8% of which was recurring. The company also successfully deployed a hybrid cloud AI model aimed at cost optimization.
The recent earnings call for Synchronoss Technologies painted a picture of resilience amidst challenges. The company demonstrated stability in revenue and subscriber growth, with strong recurring revenue contributing to its financial health. However, the call also highlighted some hurdles, including a year-over-year revenue decline and a significant net loss largely due to noncash foreign exchange losses. Despite these challenges, Synchronoss remains optimistic about its strategic partnerships and future growth prospects.
Synchronoss Technologies, a global leader in personal cloud platforms, provides innovative solutions to empower service providers in enhancing subscriber engagement and revenue streams. In its second quarter of 2025, Synchronoss reported a revenue of $42.5 million, with a notable 92.6% coming from recurring revenue sources. The company also received a $33.9 million tax refund under the CARES Act, which was used to reduce its debt.