Model N Inc (MODN) Stock
MODN is no longer traded. Model N was taken private by Vista Equity on June 27, 2024.
Each MODN share was exchanged for $30.00 in cash. Prices on this page are historical; the last trade was June 26, 2024 at $30.00.
Model N stock price history
MODN final trading statistics
- Final close
- $30.00
- Final trading day
- Jun 26, 2024
- Market cap at delisting
- $1.18B
- Shares outstanding
- 39.42M
- Final 52-week range
- $20.90 – $35.96
- Avg. volume (final 3 mo.)
- 994,686
- All-time high (split-adj.)
- $45.09 · Feb 2021
- All-time low (split-adj.)
- $7.35 · Nov 2016
- Return since IPO
- +50.2%
- Beta
- 0.68
- Book value / share
- $3.48
- Price / book
- 8.63
Model N annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2023 | $249.46M | -$33.9M | $1.11 |
| FY2022 | $219.16M | -$28.6M | $0.72 |
| FY2021 | $193.44M | -$29.7M | $0.54 |
| FY2020 | $161.06M | -$13.7M | $0.48 |
| FY2019 | $141.24M | -$19.3M | $0.22 |
Last five fiscal years reported before the delisting; fiscal year ending September. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About Model N Inc
Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies in the United States and internationally. The company offers Global Pricing Management, which minimizes price erosion of products; Global Tender Management that enhances revenue by enabling segmentation and targeting, optimal bid pricing, and post-award tracking; Provider Management, which minimizes rebate overpayments; Payer Management that minimizes revenue leakage and noncompliance of complex contracts; Government Pricing, which optimizes revenue, and reduces the risk of fines and other penalties; and Medicaid that enhances compliance with regulatory requirements and payments of rebate claims on a timely basis and at correct rates for government Medicaid programs, as well as Validata, State Pricing Transparency Management, Advanced Membership Management, and Intelligence Cloud. It also provides Deal Management, which increases deal conversion and pricing consistency; Deal Intelligence that controls price concessions and determines ideal prices; Channel Management, which provides manufacturers a view of inventory, as well as evaluate price protection and stock rotation, and matching available inventory to quotes; Market Development Fund Management that allows companies to streamline their MDF process and reduce revenue leakage; Rebates Management, which centralizes control of rebate programs; and Channel Data Management that automates the process of collection, cleansing, validation, and standardization of channel partner data, such as POS, inventory, and claims, as well as Payment Management. In addition, the company offers implementation, application, business, strategic, and customer support services. It primarily serves large, mid-sized, and small life sciences and high tech manufactures worldwide through its direct sales force. The company was incorporated in 1999 and is headquartered in San Mateo, California.
Model N stock FAQ
What happened to Model N stock?
Model N was taken private by Vista Equity on June 27, 2024. Shareholders received $30.00 in cash for each share. MODN stock stopped trading on the NYSE, with a final close of $30.00 on June 26, 2024.
What did Model N shareholders receive?
Each MODN share was converted into $30.00 in cash. The deal was valued at about $1.25 billion.
Is MODN stock still trading?
No. MODN was delisted from the NYSE on June 27, 2024 and no longer trades on a U.S. exchange.
What was the last price of MODN stock?
MODN closed at $30.00 on its final trading day, June 26, 2024, for a market value of about $1.18B.
What were Model N's revenue and earnings in its last full fiscal year?
Model N reported revenue of $249.46M and net income of -$33.9M in fiscal 2023, its last full year as a public company.
When did Model N go public?
Model N Inc stock began trading on March 20, 2013.