MODN — Stock Film
STOCK FILMSCENE 1/12MODN · $30.00
Stock Expert AI presents
MODN
Model N, Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Model N, Inc. What it actually does.

Provides cloud-based revenue management solutions. Offers Global Pricing Management to minimize price erosion. Now — the numbers.

on the stock market since 2013
1,089 employees
$1.2B market value
WHERE DOES THE MONEY COME FROM?
73%License and Service
License and ServiceProfessional Services 27%
73% of all revenue comes from a single line: License and Service.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

Revenue last year:
$249.5M
The loss that same year:
$33.9M
For every $1 it earns, the company spends $1.1.

The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
Sales are growing, year after year.

Average growth of 15% a year over the last 4 years. Red columns mark years that ended in a loss.

$141.2M
2019
2020
2021
2022
$249.5M
2023
In the vault right now:
$301.4M
DEBT: $291.5M
At this pace, that money lasts about 8.9 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
4.7×

This company is not turning a profit, so the market is pricing its sales instead: 4.7× for every dollar of annual revenue.

Analysts' average target sits 0% above today's price.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 2 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
Fat profit per sale, but shrinking8/10
WEAK SPOTS
The stock has lost its spark0/10
THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 33% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/2
Sales keep climbing

Over the last 4 years, sales grew about 15% a year on average.

2
THE BRIGHT SIDE · 2/2
The product is selling

Sales run at $249.5M a year. A small number, but proof the product has real buyers.

1
THE RISKS · 1/2
Running at a loss

A loss of $33.9M against $249.5M in annual sales.

2
THE RISKS · 2/2
Executives lean toward selling

Over the last 12 months, executives reported 163 sells against just 31 buys. Not an alarm bell by itself, but a number worth watching.

FINALE · THE GRADE
grade pending

We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.

One-line summary: few numbers, an untested story. Keep watching.

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This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film