MModal Inc. company info

CIK 1441567
IRS Number 000000000
State of incorporation DE
Business address 9009 CAROTHERS PARKWAY
None
FRANKLIN
TN
37067
Mail address 9009 CAROTHERS PARKWAY
None
FRANKLIN
TN
37067

Short summary

MModal Inc. is a Tennessee company, with head office located at 9009 Carothers Parkway Franklin, Tennessee 37067. The company achieved a record breaking net income last year - 62.80 million USD. This is 638.18% higher than one reported in 2010. In 2011 the company owned a total of 501.79 million USD worth of assets, including 119.82 million USD worth of current assets.

MModal Inc. Income Statement

Name [in Millions USD]2008200920102011Trends
Gross Profit 124.23158.13188.23
Selling, General and Administrative Expense 53.0961.0664.19
Research and development 9.6012.039.57
Operating Expenses 106.98120.39131.85
Operating Income (Loss) 17.2637.7456.39
Income Tax Expense (Benefit) 1.01-2.31-43.40
Net income 0.748.5162.80

MModal Inc. Balance Sheet

Name [in Millions USD]2008200920102011Trends
Cash and cash equivalents 42.8722.4660.809.04
Accounts Receivable, Net, Current 74.0379.72
Goodwill 90.33164.41
Intangible Assets, Net (Excluding Goodwill) 102.55160.79
Other Assets, Noncurrent 17.4010.48
Total assets 399.08501.79
Current assets 159.73119.82
Accounts payable 14.929.22
Taxes Payable, Current 8.65
Total current liabilities 78.89112.38
Long-term Debt, Excluding Current Maturities 257.81238.78
Long-term Debt 266.56
Deferred income taxes 5.670
Total liabilities 345.02371.75
Common Stock, Value, Issued 4.925.71
Retained Earnings (Accumulated Deficit) -92.73-44.21
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.14-4.77

MModal Inc. Cash Flow

Name [in Millions USD]2008200920102011Trends
Net income 0.748.5162.80
Depreciation and amortization 25.3732.6237.83
Depreciation and amortization 26.9833.4537.83
Deferred Income Tax Expense (Benefit) 0.68-3.90-46.87
Accounts receivable -3.829.96-14.15
Accounts payable 0.870.98-2.58
Deferred revenue -2.130.57-3.82
Net Cash Provided by (Used in) Operating Activities 42.6736.2356.27
Payments to Acquire Property, Plant, and Equipment 6.487.1512.73
Payments to Acquire Intangible Assets 3.007.1611.32
Net Cash Provided by (Used in) Investing Activities -12.16-82.08-93.58
Proceeds from Issuance of Long-term Debt 0.66392.3562.72
Proceeds from Issuance of Common Stock 005.79
Net Cash Provided by (Used in) Financing Activities -44.4183.362.88
Cash and Cash Equivalents, Period Increase (Decrease) -13.2437.15-37.22