QUINSTREET INC

For the period ended Jun 30, 2024. Filed Aug 21, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Aug 21, 2024

QNST$19.04-7.8%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(In thousands, except share and per share data)

	June 30,	June 30,
	2024	2023
Assets
Current assets:
Cash and cash equivalents	$50,488	$73,677
Accounts receivable, net of allowances and reserves of $2,106 and $3,722 as of June 30, 2024 and 2023	111,786	67,748
Prepaid expenses and other assets	6,813	9,779
Total current assets	169,087	151,204
Property and equipment, net	19,858	16,749
Operating lease right-of-use assets	10,440	3,536
Goodwill	125,056	121,141
Intangible assets, net	38,008	38,700
Other assets, noncurrent	6,097	5,825
Total assets	$368,546	$337,155
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$48,204	$37,926
Accrued liabilities	68,822	44,019
Other liabilities	9,372	7,875
Total current liabilities	126,398	89,820
Operating lease liabilities, noncurrent	7,879	1,261
Other liabilities, noncurrent	17,444	16,273
Total liabilities	151,721	107,354
Commitments and contingencies (See Note 11)
Stockholders' equity:
Common stock: $0.001 par value; 100,000,000 shares authorized; 55,473,439 and 54,192,928 shares issued and outstanding as of June 30, 2024 and 2023	55	54
Additional paid-in capital	347,449	329,093
Accumulated other comprehensive loss	(268)	(266)
Accumulated deficit	(130,411)	(99,080)
Total stockholders' equity	216,825	229,801
Total liabilities and stockholders' equity	$368,546	$337,155

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.