Trade Morningstar Inc - MORN CFD

Morningstar Company profile

About Morningstar, Inc.

Morningstar, Inc. is a provider of independent investment research in North America, Europe, Australia, and Asia. The Company supports asset managers, individual and institutional investors, and financial advisors who make their own investment decisions with a product line of Web-based tools, investment data, ratings, and research. Its customers have access to a selection of investment data, fundamental equity research, manager research, private capital markets research, credit ratings, environmental, social and governance (ESG) ratings, fund ratings, and indexes directly on its desktop or Web-based software platforms, or through subscriptions, data feeds, and third-party distributors. The Company provides investment management services, investment analysis platforms, and portfolio management and accounting software tools to advisors and financial institutions. The Company also offers a range of indexes that can be used as performance benchmarks and for creating investment products.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Morningstar, Inc. revenues increased 22% to $1.7B. Net income decreased 14% to $193.3M. Revenues reflect License-based segment increase of 21% to $1.13B, Transaction-based segment increase of 31% to $302.7M, United States segment increase of 22% to $1.18B, Continental Europe segment increase of 40% to $159.1M.

Equity composition

Common Stock no Par, 04/11, 200M auth., 50,542,019 issd., less 276,073 shs. in Treas. @ $6.6M. Insiders own 53.07%. Initial Public offering 5/03/05, 7,612,500 shares @ $18.50 per share by Morgan Stanley.