ZoomInfo Technologies Inc. Stock Research

Market Summary

USD24.71+0.29

Market Closed

1.19%

ZI Alerts

Big jump in Revenue (Y/Y)
Big fall in earnings (Y/Y)

ZI Stock Price

ZI RSI Chart

ZI Valuation

Market Cap

10.0B

Price/Earnings (Trailing)

157.98

Price/Sales (Trailing)

9.09

EV/EBITDA

32.82

Price/Free Cashflow

23.94

ZI Price/Sales (Trailing)

ZI Profitability

EBT Margin

17.72%

Return on Equity

2.78%

Return on Assets

0.89%

Free Cashflow Yield

4.18%

ZI Fundamentals

ZI Revenue

Revenue (TTM)

1.1B

Revenue Y/Y

35.67%

Revenue Q/Q

4.87%

ZI Earnings

Earnings (TTM)

63.2M

Earnings Y/Y

-83.99%

Earnings Q/Q

29.61%

Price Action

52 Week Range

20.7261.44

(Low)(High)

Last 7 days

6.6%

Last 30 days

1.0%

Last 90 days

-3.4%

Trailing 12 Months

-58.6%

ZI Financial Health

Current Ratio

1.45

Debt/Equity

0.54

Debt/Cashflow

0.34

ZI Investor Care

Diluted EPS (TTM)

0.16

Financials for ZoomInfo Tech

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	7.8%	1,098	1,019	929	836	747
Gross Profit	8.4%	910	839	759	683	611
Operating Expenses	6.2%	734	691	643	565	497
S&GA Expenses	7.5%	379	353	322	276	241
R&D Expenses	7.9%	205	190	170	145	120
EBITDA	17.2%	329	281	233	224	-
EBITDA Margin	8.7%	0.30*	0.28*	0.25*	0.27*	-
Earnings Before Taxes	33.7%	195	146	100	104	101
EBT Margin	24.1%	0.18*	0.14*	0.11*	0.12*	-
Interest Expenses	-1.9%	48.00	49.00	51.00	49.00	44.00
Net Income	-65.8%	63.00	185	126	135	117
Net Income Margin	-68.3%	0.06*	0.18*	0.14*	0.14*	-
Free Cahsflow	13.3%	417	368	329	311	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	1.1%	7,136	7,059	7,009	6,924	6,853
Current Assets	25.5%	832	663	579	617	546
Cash Equivalents	2.9%	418	406	353	394	308
Net PPE	3.8%	52.00	50.00	48.00	45.00	42.00
Goodwill	-0.2%	1,693	1,696	1,696	123	1,575
Liabilities	0.0%	4,865	4,863	4,885	4,865	4,855
Current Liabilities	10.6%	573	518	536	516	508
Long Term Debt	0.1%	1,235	1,234	1,234	1,233	-
LT Debt, Non Current	0.1%	1,236	1,235	1,234	1,234	1,233
Shareholder's Equity	3.4%	2,272	2,196	2,124	2,059	1,998
Retained Earnings	15.2%	176	153	135	119	113
Additional Paid-In Capital	2.7%	2,052	1,998	1,954	1,910	1,872
Shares Outstanding	0.2%	404	403	-	-	-
Minority Interest	-	-	-	-	-	-

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	13.3%	417	368	329	311	299
Share Based Compensation	12.5%	192	171	147	117	93.00
Cashflow From Investing	-105.6%	-281	-136	-769	-605	-695
Cashflow From Financing	-19.4%	-25.90	-21.70	465	463	440

Risks for ZI

What is the probability of a big loss on ZI?

95.6%

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

90.5%

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

38.0%

Probability that ZoomInfo 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 ZI drawdown profile look like?

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

Drawdowns

Returns for ZI

Cumulative Returns on ZI

Which funds bought or sold ZI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-27	Neo Ivy Capital Management	sold off	-100	-	-	-%
2023-03-23	MetLife Investment Management, LLC	reduced	-2.56	-210,120	500,308	-%
2023-03-17	American Portfolios Advisors	reduced	-8.6	2,249	17,706	-%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-56.04	-28,776,900	13,400,100	0.01%
2023-03-10	BAILLIE GIFFORD & CO	added	16.15	-2,571	13,429	-%
2023-03-06	Rockefeller Capital Management L.P.	added	115	7,000	21,000	-%
2023-02-28	Voya Investment Management LLC	reduced	-15.64	-694,591,000	330,861,000	0.47%
2023-02-24	National Pension Service	sold off	-100	-19,719,100	-	-%
2023-02-24	NATIXIS	new	-	1,656	1,656	-%
2023-02-22	CVA Family Office, LLC	reduced	-85.26	-28,537	3,463	-%

Latest Funds Activity

Are funds buying ZI calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own ZI

No. of Funds

ZoomInfo Tech News

Schedule 13G FIlings of ZoomInfo Tech

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	ta xi do aiv, l.p.	-	-	SC 13G
Feb 13, 2023	schuck henry	7.8%	31,375,823	SC 13G/A
Feb 13, 2023	capital world investors	10.0%	40,244,683	SC 13G/A
Feb 10, 2023	capital world investors	10.7%	43,215,348	SC 13G/A
Feb 09, 2023	blackrock inc.	4.9%	19,673,279	SC 13G/A
Feb 09, 2023	vanguard group inc	7.48%	30,176,182	SC 13G/A
Feb 08, 2023	blackrock inc.	5.0%	20,325,197	SC 13G
Feb 06, 2023	wellington management group llp	6.20%	25,045,153	SC 13G
Feb 14, 2022	ta xi do aiv, l.p.	6.55%	-	SC 13G/A
Feb 14, 2022	schuck henry	8.9%	35,193,468	SC 13G/A

ZI Fair Value

ZoomInfo Tech fair value in different scenarios

The table shows the Fair Value estimates for ZoomInfo Tech for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	7.12 -71.19%	8.99 -63.62%	17.14 -30.64%	28.20 14.12%	47.33 91.54%
Current Inflation	6.59 -73.33%	8.20 -66.82%	15.21 -38.45%	24.58 -0.53%	40.79 65.07%
Very High Inflation	5.94 -75.96%	7.23 -70.74%	12.93 -47.67%	20.37 -17.56%	33.24 34.52%

Historical ZoomInfo Tech Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of ZoomInfo Tech

View All Filings

Date Filed	Form Type	Document
Mar 29, 2023	DEF 14A	DEF 14A
Mar 29, 2023	DEFA14A	DEFA14A
Mar 14, 2023	8-K	Current Report
Mar 13, 2023	8-K	Current Report
Mar 07, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 02, 2023	8-K	Current Report

Latest Insider Trading transactions for ZI

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-05	Enright Keith	acquired	-	-	1,588	-
2023-03-01	Hyzer Peter Cameron	sold (taxes)	-201,795	24.17	-8,349	chief financial officer
2023-03-01	Cadambi Sriprasadh	acquired	-	-	1,981	chief accounting officer
2023-03-01	Cadambi Sriprasadh	sold (taxes)	-15,565	24.17	-644	chief accounting officer
2023-03-01	Hays Joseph Christopher	sold (taxes)	-257,991	24.17	-10,674	pres, chief operating officer
2023-03-01	Hyzer Peter Cameron	acquired	-	-	34,284	chief financial officer
2023-03-01	Hays Joseph Christopher	acquired	-	-	40,688	pres, chief operating officer
2023-03-01	HSKB Funds II, LLC	sold	-	-	-25,900	-
2023-02-25	Dhruv Mitesh	acquired	-	-	4,285	-
2023-02-08	Schuck Henry	sold	-1,178,130	28.2748	-41,667	chief executive officer

About ZoomInfo Tech

Henry L. Schuck

www.zoominfo.com

2740

ZoomInfo Technologies Inc., through its subsidiaries, provides go-to-market intelligence and engagement platform for sales and marketing teams in the United States and internationally. The company's cloud-based platform provides information on organizations and professionals to help users identify target customers and decision makers, obtain continually updated predictive lead and company scoring, monitor buying signals and other attributes of target companies, craft messages, engage through automated sales tools, and track progress through the deal cycle. It serves enterprises, mid-market companies, and down to small businesses that operate in various industry verticals, including software, business services, manufacturing, telecommunications, financial services, media and internet, transportation, education, hospitality, and real estate. ZoomInfo Technologies Inc. was founded in 2007 and is headquartered in Vancouver, Washington.

ZI Income Statement

2022-12-31

Consolidated Statements of Operations - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Income Statement [Abstract]

Revenue

$ 1,098.0

$ 747.2

$ 476.2

Cost of service:

Cost of service

^[1]

140.2

101.4

84.2

Amortization of acquired technology

$ 48.2

35.3

23.3

Cost of service [Extensible List]

Service [Member]

Gross profit

$ 909.6

610.5

368.7

Operating expenses:

Sales and marketing

^[1]

379.3

241.1

184.9

Research and development

^[1]

205.2

119.7

51.4

General and administrative

^[1]

123.2

92.4

62.8

Amortization of other acquired intangibles

22.0

20.3

18.7

Restructuring and transaction-related expenses

4.1

23.7

13.8

Total operating expenses

733.8

497.2

331.6

Income (loss) from operations

175.8

113.3

37.1

Interest expense, net

47.6

43.9

69.3

Loss on debt modification and extinguishment

0.0

7.7

14.9

Other (income) expense, net

(66.4)

(39.3)

(15.4)

Income (loss) before income taxes

194.6

101.0

(31.7)

Income tax expense (benefit)

131.4

6.1

4.7

Net income (loss)

63.2

94.9

(36.4)

Less: Net income (loss) attributable to ZoomInfo OpCo prior to the Reorganization Transactions

0.0

(5.1)

Less: Net income (loss) attributable to noncontrolling interests

0.0

(21.9)

(27.3)

Net income (loss) attributable to ZoomInfo Technologies Inc.

$ 63.2

$ 116.8

$ (4.0)

Net income (loss) per share of Common Stock:

Basic (in dollars per share)

^[2]

$ 0.16

$ 0.46

$ (0.10)

Diluted (in dollars per share)

^[2]

$ 0.16

$ 0.43

$ (0.11)

[1]

Amounts include equity-based compensation expense, as follows:


	Year Ended December 31,
($ in millions)	2022		2021		2020
Cost of service	$	20.2	$	13.2	$	27.4
Sales and marketing	80.4		38.2		62.6
Research and development	65.7		24.3		13.6
General and administrative	26.0		17.3		18.0
Total equity-based compensation expense	$	192.3	$	93.0	$	121.6

[2]

Basic and diluted net income (loss) per share of Common Stock is applicable only for periods after the initial public offering (“IPO”) and related Reorganization Transactions (as defined in Note 1 - Organization and Background to the Consolidated Financial Statements). Basic and diluted net income (loss) per share for the year ended December 31, 2021 assumes all Old ZoomInfo shares at the time of the Holding Company Reorganization equal shares of New ZoomInfo. Refer to Note 14 - Earnings Per Share for the number of shares used in the computation of net income (loss) per share of Common Stock and the basis for the computation of net income (loss) per share.

ZI Balance Sheet

2022-12-31

Consolidated Balance Sheets - USD ($)
$ in Millions

Dec. 31, 2022

Dec. 31, 2021

Current assets:

Cash and cash equivalents

$ 418.0

$ 308.3

Short-term investments

127.7

18.4

Accounts receivable

222.9

187.0

Prepaid expenses and other current assets

57.8

27.1

Income tax receivable

5.6

4.9

Total current assets

832.0

545.7

Restricted cash, non-current

6.1

5.8

Property and equipment, net

52.1

41.7

Operating lease right-of-use assets, net

63.0

59.8

Intangible assets, net

395.6

431.0

Goodwill

1,692.7

1,575.1

Deferred tax assets

3,977.9

4,116.0

Deferred costs and other assets, net of current portion

117.0

77.8

Total assets

7,136.4

6,852.9

Current liabilities:

Accounts payable

35.6

15.9

Accrued expenses and other current liabilities

104.1

103.3

Unearned revenue, current portion

416.8

361.5

Income taxes payable

5.9

8.4

Current portion of tax receivable agreements liability

0.0

10.4

Current portion of operating lease liabilities

10.3

8.1

Total current liabilities

572.7

507.6

Unearned revenue, net of current portion

3.1

2.7

Tax receivable agreements liability, net of current portion

2,978.7

3,046.0

Operating lease liabilities, net of current portion

67.9

61.5

Long-term debt, net of current portion

1,235.7

1,232.9

Deferred tax liabilities

1.0

1.5

Other long-term liabilities

5.5

2.8

Total liabilities

4,864.6

4,855.0

Commitments and Contingencies

Permanent Equity

Common stock, par value $0.01; 3,300,000,000 shares authorized, 404,067,273 and 403,315,989 issued and outstanding as of December 31, 2022 and 2021, respectively*

^[1]

4.0

Preferred stock, par value $0.01; 200,000,000 shares authorized, 0 and 0 issued and outstanding as of December 31, 2022 and 2021, respectively

0.0

Additional paid-in capital

2,052.1

1,871.6

Accumulated other comprehensive income (loss)

39.7

9.5

Retained Earnings

176.0

112.8

Total equity

2,271.8

1,997.9

Total liabilities and permanent equity

$ 7,136.4

$ 6,852.9

[1]	Until May 2022, for the periods presented, there were 2,500,000,000 Class A shares, 500,000,000 Class B shares, and 300,000,000 Class C shares authorized, but 0 issued and outstanding Class B and Class C shares following the Holding Company Reorganization.