Trade TechTarget Inc - TTGT CFD

TechTarget Company profile

About TechTarget Inc

TechTarget, Inc. provides data and analytics software solutions. The Company offers software for enterprise technology vendors. Its service offerings enable technology vendors to identify, reach and influence corporate information technology (IT) decision-makers actively researching specific IT purchases. The Company operates a network of approximately 140 Websites and 1,151 webinars and virtual event channels, which each focus on a specific IT sector such as storage, security or networking. The Company categorizes its content offerings to address the market opportunities and audience extensions across a portfolio of market categories, such as security, networking, storage, data center and virtualization technologies, Chief Information Officer (CIO)/IT strategy, business applications and analytics, application architecture and development, and ANCL Channel.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, TechTarget Inc revenues increased 78% to $263.4M. Net income decreased 94% to $949K. Revenues reflect North America segment increase of 79% to $162.4M, Other International segment increase of 76% to $101.1M. Net income was offset by Selling and marketing, - Balancing value increase of 72% to $77.2M (expense), Interest and other expense, net increase from $317K to $23.3M (expense).

Equity composition

Common Stock $.001 Par, 12/10, 100M auth., 42,901,926 issd., less 5,857,878 shs. in Treas. @35.3M. Insiders & stakeholders own 15.33%. IPO: 05/22/07, 7.7M shs. @ $13 by Morgan Stanley & Co., Lehman Brothers Inc., Cowen & Co.,LLC, RBC Capital Markets Corporation, Tourssaint Capital Partners, LLC, Wedbush Morgan Securities Inc.