nCino Inc

nCino Inc

NCNO · NASDAQ · Technology / Software - Application

22.76USD+0.40 (+1.79%)

Price History

Full chart

Market Stats

Previous Close22.36
Open22.79
Day Range22.38 – 22.91
52-Week Range13.80 – 27.50
Volume1.08M
Market Cap1.97B
P/E (TTM)62.00
Forward P/E24.81
EPS0.30
Dividend Yield0.00%
Beta0.69
50-Day Avg20.19
200-Day Avg18.85

About

nCino, Inc., a software-as-a-service company, provides software solutions to financial institutions in the United States, the United Kingdom, and internationally. It offers solutions on the nCino Platform, including an Onboarding solution that streamlines and enhances the customer onboarding process through a digital platform for credit and non-credit onboarding, commercial account opening, and enterprise-level onboarding; and an Account Opening solution, which includes a Deposit Account Opening solution for consumers and small businesses. The company also provides Lending, which provides a loan origination platform for commercial, consumer, small business, and mortgage lending, such as the Commercial Loan Origination System that automates the loan lifecycle; Consumer Lending solution, which offers an omnichannel solution with automated credit decisioning and integrations; and Small Business Loan Origination solution for automation and machine learning. In addition, it offers Credit Monitoring, manages credit risks, monitors performance, and uncovers growth opportunities through a data-driven platform; Portfolio Analytics solution, which offers customizable dashboards to track loan, deposit, and application data; and Integration & Intelligence, provides integration capabilities to connect core banking systems, fintech applications, and third-party services via open APIs and a partner marketplace. The company serves global, enterprise, regional, and community banks, credit unions, challenger banks, and independent mortgage banks, business development managers, account executives, field sales engineers, and customer success managers. nCino, Inc. was founded in 2011 and is headquartered in Wilmington, North Carolina.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Sean Desmond
  • Employees1.68K
  • Headquarters6770 Parker Farm Drive, Wilmington, NC, United States, 28405, USA
  • Websitehttps://www.ncino.com

Leadership

  • Mr. Pierre NaudeCo-Founder & Chairman of the Board · b. 1959
  • Mr. Sean DesmondCEO, President & Director · b. 1974
  • Mr. Gregory D. OrensteinCFO & Treasurer · b. 1969
  • Ms. April RiegerChief Legal & Administrative Officer and Corporate Secretary · b. 1980
  • Ms. Katie SmithDirector of Operations
  • Jeanette SellersVice President of Accounting
  • Mr. Izak CronierHead of Information Technology
  • Mr. Davis BrannanExecutive Vice President of Strategic Operations
  • Mr. Anthony MorrisSenior VP of Global Banking Strategy & Customer Advisory
  • Mr. Mark BernhardiManaging Director of Australia & New Zealand

Financials

Income Statement

Currency: USD2018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Revenue58.14M91.53M138.18M204.29M273.87M408.31M476.54M540.66M594.78M
Growth (%)-+57.43%+50.96%+47.85%+34.06%+49.09%+16.71%+13.45%+10.01%
Cost of Revenue30.47M46.45M64.07M88.14M111.41M169.61M191.47M215.87M234.61M
Gross Profit27.67M45.08M74.11M116.16M162.45M238.71M285.07M324.79M360.17M
Gross Margin47.59%49.25%53.63%56.86%59.32%58.46%59.82%60.07%60.55%
Operating Expense46.45M68.30M102.28M158.77M233.81M332.72M324.58M342.92M356.44M
Operating Income-18.77M-23.22M-28.17M-42.61M-71.36M-94.01M-39.51M-18.13M3.73M
Operating Margin-32.29%-25.36%-20.39%-20.86%-26.06%-23.02%-8.29%-3.35%0.63%
EBITDA-17.80M-20.65M-22.54M-33.12M-62.43M-56.47M7.46M9.55M66.42M
EBITDA Margin-30.62%-22.56%-16.31%-16.21%-22.80%-13.83%1.57%1.77%11.17%
Net Income-18.59M-22.31M-27.59M-40.54M-49.45M-102.72M-42.35M-37.88M5.18M
Net Income Margin-31.97%-24.37%-19.97%-19.84%-18.05%-25.16%-8.89%-7.01%0.87%
R&D16.56M22.23M35.30M58.26M79.36M121.58M117.31M129.42M127.53M
R&D as % of Total Revenue28.48%24.29%25.55%28.52%28.98%29.78%24.62%23.94%21.44%
Interest Expense00130.00K130.00K1.51M2.81M4.13M8.76M17.46M
Interest Expense % of Total Revenue0.00%0.00%0.09%0.06%0.55%0.69%0.87%1.62%2.94%

Balance Sheet

Currency: USD2018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Assets112.97M119.97M250.15M563.40M1.30B1.33B1.34B1.61B1.65B
Total Liabilities34.95M53.93M78.52M134.43M230.51M299.60M287.83M512.78M579.45M
Total Equity78.01M66.04M171.63M425.18M1.07B1.02B1.05B1.09B1.06B
Cash80.68M74.35M91.18M371.43M88.01M82.04M112.08M120.93M88.37M
Total Debt--16.26M16.26M48.84M96.54M74.23M236.82M278.69M
Net Debt-80.68M-74.35M-91.18M-355.16M-39.17M14.50M-37.86M115.90M190.32M

Cash Flow

Currency: USD2018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Operating Cash Flow-15.96M-4.59M-9.00M9.22M-19.23M-15.38M57.28M55.20M90.06M
Investing Cash Flow-2.84M-7.96M-53.51M-4.34M-278.49M-20.73M-5.34M-219.18M-54.08M
Financing Cash Flow70.14M6.26M79.58M274.12M15.92M36.71M-22.10M170.48M-73.03M
Capital Expenditure2.84M7.96M5.76M4.34M5.46M18.90M3.87M2.27M7.50M
Free Cash Flow-18.80M-12.55M-14.76M4.88M-24.69M-34.28M53.41M52.93M82.56M
FCF to OCF117.78%273.57%164.01%52.96%128.41%222.89%93.24%95.89%91.67%

Earnings

Report DateJul 14, 2020Sep 9, 2020Dec 9, 2020Mar 31, 2021Jun 2, 2021Sep 1, 2021Dec 1, 2021Mar 31, 2022Jun 1, 2022Sep 1, 2022Nov 30, 2022Mar 28, 2023May 31, 2023Aug 29, 2023Nov 29, 2023Mar 26, 2024May 29, 2024Aug 27, 2024Dec 4, 2024Apr 1, 2025May 28, 2025Aug 26, 2025Dec 3, 2025Mar 31, 2026May 27, 2026Aug 25, 2026
EPS Estimate-0.04-0.05-0.09-0.09-0.05-0.06-0.06-0.09-0.08-0.08-0.02-0.050.050.070.110.120.130.130.160.190.160.140.210.210.280.11
EPS Actual-0.07-0.01-0.03-0.06-0.04-0.02-0.04-0.09-0.06-0.04-0.01-0.090.070.090.140.210.190.140.210.120.160.220.310.370.340.13
Surprise-75.00%80.00%66.67%33.33%20.00%66.67%33.33%0.00%25.00%50.00%50.00%-80.00%40.00%28.57%27.27%75.00%46.15%7.69%31.25%-36.84%0.00%57.14%47.62%72.09%21.43%18.18%
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.97B
Enterprise Value2.29B
Trailing P/E62.00
Forward P/E24.81
Price / Sales3.16
Price / Book2.19
EPS0.30
Book Value8.85
Revenue (TTM)622.24M
Gross Profit (TTM)387.30M
EBITDA91.87M
Profit Margin5.40%
Operating Margin8.46%
Return on Equity3.86%
Return on Assets2.00%
Shares Outstanding105.74M
Shares Float87.80M
Beta0.69
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 16 analystsTarget 24.27
  • Strong Buy
    1
  • Buy
    5
  • Hold
    10

Ownership Breakdown

Institutions
124.96%
Insiders
3.24%
Retail / Other
0.00%

Top Institutional Holders

  • Vanguard Portfolio Management, LLC
    6.96M6.58%
  • BlackRock Inc
    5.64M5.33%
  • RIMA MANAGEMENT, LLC
    5.31M5.02%
  • Kayne Anderson Rudnick Investment Management LLC
    5.14M4.86%
  • American Capital Management Inc
    5.11M4.83%
  • HMI Capital Management, L.P.
    4.99M4.72%
  • Vanguard Capital Management, LLC
    4.72M4.46%
  • Bank of Montreal
    4.71M4.46%
  • Lead Edge Capital Management, LLC
    3.66M3.46%
  • Long Path Partners, LP
    3.64M3.44%
  • Wellington Management Company LLP
    3.01M2.85%
  • Dimensional Fund Advisors, Inc.
    2.70M2.55%
  • AQR Capital Management LLC
    2.45M2.32%
  • Algebris Investment Management (UK) LLP
    2.41M2.28%

Top Fund Holders

  • UBS (CH) BF CHF Corporates Sustainable F
    3.80M3.59%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.12M2.95%
  • iShares Russell 2000 ETF
    2.74M2.59%
  • Vanguard Information Technology ETF
    2.59M2.45%
  • Vanguard Explorer Inv
    2.54M2.40%
  • Vanguard Small Cap Index
    2.27M2.14%