Alight, Inc. / Delaware ALIT
Throughout this section, references to "we," "us," and "our" refer to Alight and its consolidated subsidiaries as the context so requires.
Alight is a technology-enabled services company delivering human capital management solutions to many of the world's largest and most complex organizations. This includes the implementation and administration of employee benefits (e.g., health, wealth and leaves) solutions. Alight's numerous solutions and services are utilized year-round by employees and their family members in support of their overall health, wealth and wellbeing goals. Participants can access their solutions digitally, including through a mobile application on Alight Worklife®, our intuitive, cloud-based employee engagement platform. Through Alight Worklife, the Company believes it is defining the future of employee benefits by providing an enterprise level, integrated offering designed to drive better outcomes for organizations and individuals.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $2.26B | $2.33B | $2.39B | $2.21B | — | $2.73B | $2.55B |
| Gross profit | $765.0M | $794.0M | $810.0M | $686.0M | — | — | — |
| SG&A | $435.0M | $585.0M | $590.0M | $479.0M | — | — | — |
| Total operating expenses | $3.85B | $884.0M | $891.0M | $780.0M | — | — | — |
| Operating income | -$3.09B | -$90.0M | -$81.0M | -$94.0M | — | $147.0M | $265.0M |
| Interest expense | $92.0M | $103.0M | $131.0M | $121.0M | — | $234.0M | $224.0M |
| Pre-tax income | -$3.06B | -$148.0M | -$337.0M | -$124.0M | — | -$94.0M | $38.0M |
| Income tax | $16.0M | $8.0M | $20.0M | $16.0M | — | $9.0M | $16.0M |
| Net income | -$3.10B | -$159.0M | -$362.0M | -$72.0M | -$73.0M | — | — |
| EPS, basic | -5.87 | -0.29 | -0.70 | -0.14 | -0.08 | — | — |
| EPS, diluted | -5.87 | -0.29 | -0.70 | -0.14 | -0.08 | — | — |
| Shares, diluted (wtd. avg.) | 527.6M | 540.4M | 489.5M | 458.6M | 439.8M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $273.0M | $343.0M | $324.0M | $482.0M | $603.0M | $506.0M | — |
| Receivables | $387.0M | $471.0M | $435.0M | $678.0M | $515.0M | $532.0M | — |
| Total current assets | $1.14B | $1.27B | $2.78B | $2.82B | $2.47B | $2.23B | — |
| Property, plant and equipment | — | — | $371.0M | $320.0M | $236.0M | $334.0M | — |
| Goodwill | $83.0M | $3.21B | $3.21B | $3.68B | $3.64B | $2.25B | — |
| Other intangibles | $2.57B | $2.85B | $3.14B | $3.87B | $4.17B | $1.73B | — |
| Total assets | $4.57B | $8.19B | $10.78B | $11.23B | $10.99B | $6.96B | — |
| Accounts payable | $253.0M | $355.0M | $325.0M | $508.0M | $406.0M | $394.0M | — |
| Short-term debt | $20.0M | $25.0M | $25.0M | $31.0M | $38.0M | $37.0M | — |
| Total current liabilities | $874.0M | $892.0M | $2.19B | $2.35B | $2.12B | $1.78B | — |
| Long-term debt | $1.99B | $2.00B | $2.77B | $2.79B | $2.83B | $4.04B | — |
| Total liabilities | $3.52B | $3.88B | $6.04B | $6.15B | $6.06B | $6.27B | $106.7M |
| Retained earnings | -$3.76B | -$660.0M | -$503.0M | -$158.0M | -$96.0M | -$127.0M | — |
| Total equity | $1.04B | $4.31B | $4.74B | $5.09B | $4.93B | $683.0M | $0 |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $360.0M | $252.0M | $386.0M | $286.0M | — | — | — |
| Depreciation and amortisation | $126.0M | $115.0M | $92.0M | $72.0M | — | $91.0M | $68.0M |
| Stock-based compensation | $19.0M | $76.0M | $139.0M | $164.0M | — | $5.0M | $9.0M |
| Capital expenditure | $110.0M | $121.0M | $140.0M | $131.0M | — | — | — |
| Investing cash flow | -$123.0M | $836.0M | -$159.0M | -$235.0M | — | — | — |
| Financing cash flow | -$298.0M | -$1.07B | -$231.0M | $54.0M | — | — | — |
| Dividends paid | $86.0M | $21.0M | $0 | $0 | — | — | — |
| Buybacks | $65.0M | $167.0M | $40.0M | $12.0M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-027616.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $2.55B | $2.73B | — | $2.21B | $2.39B | $2.33B | $2.26B |
| Gross profit | — | — | — | $686.0M | $810.0M | $794.0M | $765.0M |
| Net income | — | — | -$73.0M | -$72.0M | -$362.0M | -$159.0M | -$3.10B |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Officer or director change Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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