Higher One Holdings, Inc. company info

CIK 1486800
IRS Number 263025501
State of incorporation DE
Business address 115 MUNSON STREET
None
NEW HAVEN
CT
06511
Mail address 115 MUNSON STREET
None
NEW HAVEN
CT
06511

Short summary

Higher One Holdings, Inc. is a Connecticut company, with head office located at 115 Munson Street New Haven, Connecticut 06511. The company achieved a record breaking net income in 2012 - 36.87 million USD. In 2015 the company owned a total of 184.15 million USD worth of assets, including 68.27 million USD worth of current assets. 2013 was the year when the company amassed the most assets. The company net sales last year amounted to 157.96 million USD. The company allocated 6.58 million USD of its income to research and development.

Higher One Holdings, Inc. Income Statement

Name [in Millions USD]20082009201020112012201320142015Trends
Revenue, Net 77.61144.97176.32197.72199.97220.11157.96
Gross Profit 51.0893.12108.76117.44122.30105.0658.42
Research and development -2.29-3.31-3.275.229.317.196.58
Operating Expenses 28.4051.8861.2558.0093.4590.5893.36
Operating Income (Loss) 22.6841.2547.5259.4425.8527.14-34.93
Interest expense 0.560.730.270.973.082.556.07
Other Nonoperating Income (Expense) 0.0201.500.310.620.681.44
Income Tax Expense (Benefit) 7.9315.4916.9222.029.358.04-13.06
Net income 14.2225.0631.8936.8714.1314.9710.86

Higher One Holdings, Inc. Balance Sheet

Name [in Millions USD]20082009201020112012201320142015Trends
Cash and cash equivalents 1.4929.8750.4725.456.8218.0616.7640.01
Available-for-sale Securities, Current 16.8811.150.250.250.25
Accounts Receivable, Net, Current 5.336.9011.3213.9716.889.32
Deferred income taxes 0.040.030.010.483.7611.34
Property, Plant and Equipment, Gross 52.0263.7367.5471.9674.90
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 5.9311.0517.6525.1932.61
Goodwill 15.8315.8366.5567.4067.4041.94
Intangible Assets, Net (Excluding Goodwill) 16.9216.7059.8658.3753.2716.73
Other Assets, Noncurrent 0.540.621.065.003.1812.18
Total assets 141.03165.15234.75244.28234.53184.15
Current assets 83.5765.6741.0249.7649.3768.27
Accounts payable 3.473.372.602.662.450.97
Total current liabilities 27.9929.4037.6555.1757.9129.52
Long-term Debt, Excluding Current Maturities 0112945919
Deferred Revenue, Noncurrent 2.222.162.402.344.245.62
Deferred income taxes 4.082.242.842.82
Total liabilities 30.2141.85165.47162.78132.7165.37
Common Stock, Value, Issued 0.060.060.060.060.060.06
Retained Earnings (Accumulated Deficit) -37.63-4.0928.7035.4151.3061.68
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.12

Higher One Holdings, Inc. Cash Flow

Name [in Millions USD]20082009201020112012201320142015Trends
Net income 14.2225.0631.8936.8714.1314.9710.86
Depreciation 1.682.575.466.7088.80
Amortization of Intangible Assets 3.073.103.356.507.108.50
Depreciation and amortization 2.977.297.0210.2514.6219.0721.62
Deferred Income Tax Expense (Benefit) -0.73-3.17-1.681.86-6.592.970.26
Accounts receivable 0.030.26-1.05-1.223.120.18-0.53
Accounts payable 0.670.260.060.760.03-0.53-0.30
Deferred revenue 0.313.341.843.186.193.382.01
Net Cash Provided by (Used in) Operating Activities 20.6640.0644.4753.6047.5130.21-18.61
Payments to Acquire Property, Plant, and Equipment 2.197.0640.3323.506.763.492.68
Payments to Acquire Businesses, Net of Cash Acquired 16.540037.2847.25
Net Cash Provided by (Used in) Investing Activities -18.73-31.76-43.01-50.05-59.84-1.7145.15
Proceeds from Issuance of Common Stock 0.5037.210
Payments for Repurchase of Common Stock 0016.21115.706.00
Net Cash Provided by (Used in) Financing Activities -0.0722.853.15-29.605.575.25-39.62
Cash and Cash Equivalents, Period Increase (Decrease) 1.8531.154.60-26.05-6.7633.75-13.15