PubMatic Files Q3 2024 10-Q Financials
Ticker: PUBM · Form: 10-Q · Filed: 2024-11-12T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
PubMatic's Q3 2024 10-Q is in: check the balance sheet and P&L for the latest numbers.
AI Summary
PubMatic, Inc. filed its 10-Q for the period ending September 30, 2024. The filing details the company's financial position and performance, including balance sheet information as of September 30, 2024, and December 31, 2023, and income statement data for the three and nine months ended September 30, 2024, and 2023. Key financial components like common stock, additional paid-in capital, and retained earnings are presented.
Why It Matters
This filing provides investors with the latest financial snapshot of PubMatic, Inc., crucial for understanding the company's performance and making informed investment decisions.
Risk Assessment
Risk Level: low — This is a routine quarterly financial filing with no immediate red flags or significant new disclosures.
Key Numbers
- 2024-09-30 — Reporting Period End Date (Latest balance sheet date)
- 2023-12-31 — Prior Year End Date (Comparative balance sheet date)
- 2024-09-30 — Q3 2024 End Date (End of current quarter for income statement)
- 2023-09-30 — Q3 2023 End Date (End of prior year quarter for income statement)
Key Players & Entities
- PubMatic, Inc. (company) — Filer of the 10-Q
- September 30, 2024 (date) — End of reporting period
- December 31, 2023 (date) — Prior year-end balance sheet date
FAQ
What is the total value of PubMatic's common stock as of September 30, 2024?
The filing indicates 'us-gaap:CommonStockMember' with a value associated with the date 2023-12-31, but the specific value for 2024-09-30 is not directly extractable from the provided snippet.
What were PubMatic's revenues for the third quarter of 2024?
The provided snippet does not contain specific revenue figures for the third quarter of 2024.
How has PubMatic's retained earnings changed from December 31, 2023, to September 30, 2024?
The filing mentions 'us-gaap:RetainedEarn' and provides dates 2023-12-31 and 2024-09-30, but the specific retained earnings values are not detailed in this excerpt.
What is the company's fiscal year end?
PubMatic, Inc.'s fiscal year ends on December 31.
When was PubMatic, Inc. formerly known as Komli Inc?
PubMatic, Inc. was formerly known as Komli Inc. with a date of name change on January 7, 2008.
Filing Stats: 4,796 words · 19 min read · ~16 pages · Grade level 16.5 · Accepted 2024-11-12 16:17:34
Key Financial Figures
- $0.0001 — which registered Class A common stock, $0.0001 par value per share PUBM The Nasdaq Glo
Filing Documents
- pubm-20240930.htm (10-Q) — 1277KB
- q32024exhibit311.htm (EX-31.1) — 11KB
- q32024exhibit312.htm (EX-31.2) — 11KB
- q32024exhibit321.htm (EX-32.1) — 6KB
- q32024exhibit322.htm (EX-32.2) — 6KB
- 0001422930-24-000047.txt ( ) — 6674KB
- pubm-20240930.xsd (EX-101.SCH) — 40KB
- pubm-20240930_cal.xml (EX-101.CAL) — 89KB
- pubm-20240930_def.xml (EX-101.DEF) — 183KB
- pubm-20240930_lab.xml (EX-101.LAB) — 595KB
- pubm-20240930_pre.xml (EX-101.PRE) — 402KB
- pubm-20240930_htm.xml (XML) — 951KB
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION
Condensed Consolidated Financial Statements (Unaudited)
Item 1. Condensed Consolidated Financial Statements (Unaudited) 1 Condensed Consolidated Balance Sheets 1 Condensed Consolidated Statements of Operations 2 Condensed Consolidated Statements of Comprehensive Income ( Loss ) 3 Condensed Consolidated Statements of Stockholders' Equity 4 Condensed Consolidated Statements of Cash Flows 6 Notes to Condensed Consolidated Financial Statements 7
Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 19
Quantitative and Qualitative Disclosures About Market Risk
Item 3. Quantitative and Qualitative Disclosures About Market Risk 33
Controls and Procedures
Item 4. Controls and Procedures 33
- OTHER INFORMATION
PART II - OTHER INFORMATION
Legal Proceedings
Item 1. Legal Proceedings 35
Risk Factors
Item 1A. Risk Factors 35
Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 38
Defaults Upon Senior Securities
Item 3. Defaults Upon Senior Securities 38
Mine Safety Disclosures
Item 4. Mine Safety Disclosures 38
Other Information
Item 5. Other Information 39
Exhibits
Item 6. Exhibits 40
Signatures
Signatures 41 Table of Contents
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION
FINANCIAL STATEMENTS
ITEM 1. FINANCIAL STATEMENTS PUBMATIC, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except par values) September 30, 2024 December 31, 2023 (unaudited) ASSETS Current assets Cash and cash equivalents $ 78,914 $ 78,509 Marketable securities 61,463 96,835 Accounts receivable, net 376,790 375,468 Prepaid expenses and other current assets 12,640 11,143 Total current assets 529,807 561,955 Property, equipment and software, net 63,247 60,729 Operating lease right-of-use assets 34,440 21,102 Acquisition-related intangible assets, net 4,679 5,864 Goodwill 29,577 29,577 Deferred tax assets 24,711 13,880 Other assets, non-current 2,683 2,136 TOTAL ASSETS $ 689,144 $ 695,243 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable $ 360,696 $ 347,673 Accrued liabilities 25,697 25,684 Operating lease liabilities, current 6,376 6,236 Total current liabilities 392,769 379,593 Operating lease liabilities, non-current 28,978 15,607 Other liabilities, non-current 4,196 3,844 TOTAL LIABILITIES 425,943 399,044 Commitments and contingencies (Note 8) Stockholders' equity Preferred stock, $ 0.0001 par value per share, 10,000 shares authorized as of September 30, 2024 and December 31, 2023; No shares issued and outstanding as of September 30, 2024 and December 31, 2023 — — Common stock, $ 0.0001 par value per share; 1,000,000 Class A shares authorized as of September 30, 2024 and December 31, 2023; 47,618 shares issued and 40,006 shares outstanding as of September 30, 2024; 45,542 shares issued and 41,502 shares outstanding as of December 31, 2023; 1,000,000 Class B shares authorized as of September 30, 2024 and December 31, 2023; 11,428 shares issued and 8,287 shares outstanding as of September 30, 2024; 11,884 shares issued and 8,744 shares outstanding as of December 31, 2023 6 6 Treasury stock, at cost; 10,753 and 7,180 shares as of September 30, 2024 and December 31, 2023, respectively ( 136,275 ) (