Exela Technologies Inc Stock Research

Market Summary

USD5.15+0.42

Market Closed

8.88%

XELA Stock Price

XELA RSI Chart

XELA Valuation

Market Cap

7.2M

Price/Earnings (Trailing)

-0.02

Price/Sales (Trailing)

0.01

EV/EBITDA

0.03

Price/Free Cashflow

-0.07

XELA Price/Sales (Trailing)

XELA Profitability

EBT Margin

-38.19%

Return on Equity

-996.21%

Return on Assets

-57.57%

Free Cashflow Yield

-1.5K%

XELA Fundamentals

XELA Revenue

Revenue (TTM)

1.1B

XELA Earnings

Earnings (TTM)

-415.6M

Price Action

52 Week Range

2.621039.60

(Low)(High)

Last 7 days

-2.7%

Last 30 days

-30.4%

Last 90 days

-51.2%

Trailing 12 Months

-99.5%

XELA Financial Health

Current Ratio

0.37

Debt/Equity

26.48

Debt/Cashflow

-0.08

XELA Investor Care

Peers (Alternatives to Exela Tech)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MA	347.9B	22.2B	-3.30%	2.87%	36.01	15.25	14.69%	1.79%
ACN	193.0B	62.4B	10.04%	2.22%	27.81	3.06	11.38%	8.58%
ADP	86.4B	17.2B	-4.49%	-4.63%	26.5	4.89	9.65%	13.95%
SQ	38.0B	17.5B	-3.21%	-35.00%	-70.35	2.17	12.05%	-340.94%
FIS	35.1B	14.5B	-8.09%	-48.44%	-2.1	2.42	2.83%	-1935.16%
MID-CAP
WEX	7.1B	2.4B	-5.84%	-1.32%	48.4	2.9	24.92%	-27.14%
DXC	5.5B	14.8B	5.91%	-27.99%	7.64	0.37	-10.79%	217.70%
WU	4.3B	4.5B	5.76%	-34.81%	5.54	0.98	-13.15%	-16.16%
VRRM	2.6B	741.6M	3.83%	9.52%	30.18	3.44	20.92%	44.05%
SMALL-CAP
IMXI	848.5M	519.5M	-10.47%	14.43%	14.77	1.47	20.49%	15.99%
GDYN	719.0M	310.5M	-16.74%	-50.47%	-20.83	2.25	31.04%	-315.62%
RPAY	601.2M	279.2M	-0.32%	-52.25%	46.84	2.15	19.60%	-31.85%
PRTH	272.2M	630.1M	11.53%	-30.49%	-126.62	0.41	28.89%	-254.79%
XELA	7.2M	1.1B	-30.44%	-99.46%	-0.02	0.01	-7.67%	-191.86%

Financials for Exela Tech

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	-2.5%	1,077,157,000	1,104,518,000	1,119,709,000	1,145,948,000	1,166,606,000
Gross Profit	-9.2%	210,198,000	231,500,000	265,936,000	277,511,000	-
S&GA Expenses	-5.0%	176,524,000	185,866,000	184,741,000	170,936,000	169,781,000
R&D Expenses	-	1,300,000	-	-	-	-
EBITDA	-296.5%	-240,949,000	-60,775,000	591,000	66,025,000	135,218,000
EBITDA Margin	-306.5%	-0.22	-0.06	0.00	0.06	0.12
Earnings Before Taxes	-47.9%	-411,382,000	-278,099,000	-206,514,000	-145,971,000	-130,734,000
EBT Margin	-51.7%	-0.38	-0.25	-0.18	-0.13	-0.11
Interest Expenses	-31.7%	98,602,000	144,345,000	132,769,000	136,233,000	188,802,000
Net Income	-42.3%	-415,581,000	-292,046,000	-219,978,000	-160,146,000	-142,390,000
Net Income Margin	-45.9%	-0.39	-0.26	-0.20	-0.14	-0.12
Free Cahsflow	28.1%	-105,461,000	-146,729,000	-61,171,000	-112,347,000	-126,108,000

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-16.6%	722	865	968	1,071	1,037
Current Assets	3.1%	190	185	239	323	280
Cash Equivalents	44.9%	15.00	10.00	50.00	38.00	21.00
Inventory	-2.2%	17.00	17.00	16.00	16.00	15.00
Goodwill	-43.1%	187	328	358	358	358
Liabilities	1.1%	1,530	1,513	1,597	1,679	1,704
Current Liabilities	-1.3%	510	517	530	515	592
Long Term Debt	0.4%	1,105	1,100	1,208	1,249	-
LT Debt, Current	-20.6%	155	195	125	139	237
LT Debt, Non Current	3.6%	942	910	975	1,069	1,012
Retained Earnings	-11.1%	-1,948	-1,753	-1,668	-1,589	-1,532
Additional Paid-In Capital	2.8%	1,103	1,072	1,008	953	839
Accumulated Depreciation	-	197	-	-	-	-
Shares Outstanding	248.1%	1.00	0.00	0.00	0.00	0.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	30.2%	-87.16	-124	-39.41	-91.65	-111
Share Based Compensation	-68.9%	1.00	3.00	4.00	4.00	4.00
Cashflow From Investing	2.6%	-21.77	-22.35	-21.44	-15.39	-9.26
Cashflow From Financing	381.6%	107	22.00	107	165	99.00
Buy Backs	-75.0%	0.00	2.00	-	-	-

Risks for XELA

What is the probability of a big loss on XELA?

100%

Probability that Exela Tech stock will be more than 20% underwater in next one year

100%

Probability that Exela Tech stock will be more than 30% underwater in next one year.

91.9%

Probability that Exela Tech stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does XELA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Exela Tech was unfortunately bought at previous high price.

Drawdowns

Returns for XELA

Cumulative Returns on XELA

-76.5%

7-Year Cumulative Returns

-84.7%

5-Year Cumulative Returns

-89.3%

3-Year Cumulative Returns

What are the long-term rolling returns for XELA?

FIve years rolling returns for Exela Tech.

Annualized Returns

Which funds bought or sold XELA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-18	JPMORGAN CHASE & CO	added	70.77	-	-	-%
2023-05-17	Advisory Services Network, LLC	unchanged	-	-2.00	2.00	-%
2023-05-16	SUSQUEHANNA INTERNATIONAL GROUP, LLP	added	272	17,695	40,700	-%
2023-05-16	JANE STREET GROUP, LLC	sold off	-100	-3,263	-	-%
2023-05-15	Shay Capital LLC	reduced	-65.16	-141,754	78,204	0.01%
2023-05-15	Baader Bank Aktiengesellschaft	new	-	1,007	1,007	-%
2023-05-15	Shay Capital LLC	added	0.12	-128,974	116,665	0.02%
2023-05-15	STATE STREET CORP	reduced	-50.00	-9,742	3,030	-%
2023-05-15	CastleKnight Management LP	added	0.31	12,609	544,318	0.06%
2023-05-15	CreativeOne Wealth, LLC	unchanged	-	-1,000	1,000	-%

Latest Funds Activity

Are funds buying XELA calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own XELA

No. of Funds

Exela Tech News

Schedule 13G FIlings of Exela Tech

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2023	shay capital llc	6.75%	8,250,000	SC 13G
Apr 20, 2022	hovs llc	2.65%	0	SC 13D/A
Feb 01, 2022	b. riley financial, inc.	0.0%	0	SC 13D/A
Jan 28, 2022	delos capital management, lp	1.85%	3,426,223	SC 13G/A
Dec 17, 2021	b. riley financial, inc.	5.5%	14,271,322	SC 13D
Feb 16, 2021	greenlight capital inc	0%	0	SC 13G/A
Feb 10, 2021	nantahala capital management, llc	0%	0	SC 13G/A
Jul 10, 2020	nantahala capital management, llc	10.7%	15,790,720	SC 13G/A
Apr 09, 2020	nantahala capital management, llc	19.0%	27,777,887	SC 13G/A
Mar 26, 2020	hovs llc	50.0%	74,393,234	SC 13D/A

XELA Fair Value

Show Fair-Value

Recent SEC filings of Exela Tech

View All Filings

Date Filed	Form Type	Document
May 19, 2023	8-K	Current Report
May 18, 2023	8-K	Current Report
May 12, 2023	8-K	Current Report
May 12, 2023	8-K	Current Report
May 10, 2023	10-Q	Quarterly Report
May 08, 2023	8-K	Current Report
May 08, 2023	DEFA14A	DEFA14A
May 04, 2023	8-K	Current Report
May 04, 2023	8-K	Current Report
May 04, 2023	DEFA14A	DEFA14A

Latest Insider Trading transactions for XELA

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-07	CHADHA PAR	acquired	100	0.0001	1,000,000	executive chairman
2022-07-21	CHADHA PAR	acquired	99,998	1.41	70,921	executive chairman
2022-07-21	CHADHA PAR	acquired	-	-	666,666	executive chairman
2022-06-27	CHADHA PAR	acquired	-	-	30,303	executive chairman
2022-06-27	Akins Martin P.	acquired	-	-	13,228	-
2022-05-31	REXFORD JOHN H	sold	-	-	-125,000	-
2022-05-31	CHADHA PAR	sold	-	-	-27,740	executive chairman
2022-05-31	CHADHA PAR	sold	-	-	-93,895	executive chairman
2022-05-31	BEILINSON MARC A	sold	-	-	-125,000	-
2022-05-31	Clark Coley	sold	-	-	-125,000	-

About Exela Tech

Ronald C. Cogburn

www.exelatech.com

17000

Exela Technologies, Inc. provides transaction processing solutions, enterprise information management, document management, and digital business process services worldwide. The company operates through three segments: Information & Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal & Loss Prevention Services (LLPS). The ITPS segment provides lending solutions for mortgages and auto loans; banking solutions for clearing, anti-money laundering, sanctions, and interbank cross-border settlement; property and casualty insurance solutions for origination, enrollments, claims processing, and benefits administration communications; and public sector solutions for income tax processing, benefits administration, and records management. It also offers solutions for payment processing and reconciliation, integrated receivable and payables management, document logistics and location services, records management, and electronic storage of data/documents; and software, hardware, professional services, and maintenance related to information and transaction processing automation. The HS segment provides revenue cycle solutions, integrated accounts payable and accounts receivable, and information management for healthcare payer and provider markets. The LLPS segment processes legal claims for class action and mass action settlement administrations, involving project management support, notification, and outreach to claimants; and collects, analyzes, and distributes settlement funds. It also offers data and analytical services in the areas of litigation consulting, economic and statistical analysis, expert witness services, and revenue recovery services for delinquent accounts receivable. The company is headquartered in Irving, Texas.

XELA Income Statement

2023-03-31

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenue	$ 273,620	$ 279,398
Cost of revenue (exclusive of depreciation and amortization)	216,467	223,504
Selling, general and administrative expenses (exclusive of depreciation and amortization)	44,381	43,040
Depreciation and amortization	16,560	18,212
Related party expense	3,112	1,987
Operating profit (loss)	(6,900)	(7,345)
Other expense (income), net:
Interest expense, net	44,180	39,760
Debt modification and extinguishment costs (gain), net	(8,773)	884
Sundry expense, net	748	307
Other expense (income), net	(282)	6,159
Net loss before income taxes	(42,773)	(54,455)
Income tax expense	(2,663)	(2,501)
Net loss	(45,436)	(56,956)
Net loss attributable to common stockholders	$ (47,543)	$ (57,895)
Basic (in dollars per share)	$ (0.05)	$ (3.37)
Diluted (in dollars per share)	$ (0.05)	$ (3.37)
Series A Preferred Stock
Other expense (income), net:
Cumulative dividends for Preferred Stock	$ (954)	$ (864)
Series B Preferred Stock
Other expense (income), net:
Cumulative dividends for Preferred Stock	$ (1,153)	$ (75)

XELA Balance Sheet

2023-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 9,908	$ 15,073
Restricted cash	40,911	29,994
Accounts receivable, net of allowance for credit losses of $8,263 and $6,402, respectively	99,322	101,616
Related party receivables and prepaid expenses	741	759
Inventories, net	16,913	16,848
Prepaid expenses and other current assets	28,020	26,206
Total current assets	195,815	190,496
Property, plant and equipment, net of accumulated depreciation of $213,178 and $207,520, respectively	68,518	71,694
Operating lease right-of-use assets, net	40,109	40,734
Goodwill	186,877	186,802
Intangible assets, net	191,121	200,982
Deferred income tax assets	1,578	1,483
Other noncurrent assets	29,084	29,721
Total assets	713,102	721,912
Current liabilities
Accounts payable	72,047	79,249
Related party payables	2,548	2,473
Income tax payable	421	2,045
Accrued liabilities	63,459	61,340
Accrued compensation and benefits	51,134	54,143
Accrued interest	31,629	60,901
Customer deposits	19,090	16,955
Deferred revenue	18,278	16,405
Obligation for claim payment	58,413	44,380
Current portion of finance lease liabilities	5,167	5,485
Current portion of operating lease liabilities	11,373	11,867
Current portion of long-term debts	136,696	154,802
Total current liabilities	470,255	510,045
Long-term debt, net of current maturities	953,432	942,035
Finance lease liabilities, net of current portion	9,055	9,448
Pension liabilities, net	17,098	16,917
Deferred income tax liabilities	11,702	11,180
Long-term income tax liabilities	2,809	2,742
Operating lease liabilities, net of current portion	30,663	31,030
Other long-term liabilities	6,168	6,104
Total liabilities	1,501,182	1,529,501
Commitments and Contingencies (Note 8)
Stockholders' equity (deficit)
Common Stock, par value of $0.0001 per share; 1,600,000,000 shares authorized; 1,274,326,639 shares issued and 1,274,204,054 shares outstanding at March 31, 2023 and 278,777,820 shares issued and 278,655,235 shares outstanding at December 31, 2022	261	162
Additional paid in capital	1,169,548	1,102,619
Less: Common Stock held in treasury, at cost; 122,585 shares at March 31, 2023 and December 31, 2022	(10,949)	(10,949)
Equity-based compensation	57,069	56,958
Accumulated deficit	(1,993,445)	(1,948,009)
Accumulated other comprehensive loss:
Foreign currency translation adjustment	(6,893)	(4,788)
Unrealized pension actuarial losses, net of tax	(3,672)	(3,583)
Total accumulated other comprehensive loss	(10,565)	(8,371)
Total stockholders' deficit	(788,080)	(807,589)
Total liabilities and stockholders' deficit	713,102	721,912
Series A Preferred Stock
Stockholders' equity (deficit)
Preferred stock	1	1
Series B Preferred Stock
Stockholders' equity (deficit)
Preferred stock