Barracuda Networks revenue was $352.65 m in FY, 2017 which is a 10.1% year over year increase from the previous period.

## Founding Date | 2003 |

## Total Funding | $46.4 m |

## Investors | Sequoia Capital, Focus Ventures, Francisco Partners, Thoma Bravo, Ann Arbor SPARK, Michigan Strategic Fund |

In total, Barracuda Networks had raised $46.4 m. Barracuda Networks is a subsidiary of Thoma Bravo

Barracuda Networks revenue breakdown by geographic segment: 75.0% from North America, 5.9% from Asia-Pacific, 17.7% from EMEA and 1.4% from Other

USD | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|

## Revenue | 277.4m | 320.2m | 352.6m |

| 19% | 15% | 10% |

## Cost of goods sold | 58.7m | 70.1m | 83.8m |

## Gross profit | 218.8m | 250.0m | 268.9m |

| 79% | 78% | 76% |

## Sales and marketing expense | 125.5m | 138.3m | 129.7m |

## R&D expense | 58.7m | 71.3m | 75.1m |

## General and administrative expense | 35.4m | 47.3m | 42.0m |

## Operating expense total | 219.7m | 256.9m | 246.8m |

## EBIT | (922.0k) | (6.9m) | 22.1m |

| 0% | (2%) | 6% |

## Pre tax profit | (4.6m) | (7.1m) | 22.0m |

## Income tax expense | 62.9m | (2.7m) | 11.8m |

## Net Income | (67.5m) | (4.4m) | 10.2m |

USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|

## Cash | 135.9m | 151.4m | 118.7m | 120.2m |

## Accounts Receivable | 27.8m | 40.7m | 36.5m | 40.6m |

## Prepaid Expenses | 3.8m | 4.0m | 4.8m | |

## Inventories | 5.6m | 4.5m | 5.6m | 5.8m |

## Current Assets | 230.1m | 280.3m | 241.6m | 295.4m |

## PP&E | 20.6m | 27.8m | 31.9m | 30.0m |

## Goodwill | 36.0m | 39.7m | 69.6m | 69.8m |

## Total Assets | 350.1m | 389.3m | 419.8m | 464.8m |

## Accounts Payable | 13.7m | 16.4m | 15.9m | 11.4m |

## Short-term debt | 237.0k | 252.0k | 268.0k | |

## Current Liabilities | 199.7m | 251.2m | 283.5m | 281.9m |

## Long-term debt | 9.5m | 4.4m | 4.1m | |

## Total Debt | 4.9m | 4.6m | 4.1m | |

## Common Stock | 52.0k | 53.0k | 52.0k | 53.0k |

## Preferred Stock | ||||

## Additional Paid-in Capital | 278.6m | 316.0m | 337.4m | 370.7m |

## Retained Earnings | (283.4m) | (350.9m) | (365.1m) | (359.1m) |

## Total Equity | (5.7m) | (39.1m) | (32.1m) | 6.4m |

## Debt to Equity Ratio | -0.9 x | -0.1 x | -0.1 x | |

## Debt to Assets Ratio | 0 x | 0 x | 0 x | |

## Financial Leverage | -61.9 x | -10 x | -13.1 x | 72.4 x |

USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|

## Net Income | (4.4m) | (67.5m) | (4.4m) | 10.2m |

## Depreciation and Amortization | 9.1m | 8.6m | 13.3m | 16.4m |

## Accounts Receivable | (3.6m) | (12.9m) | 4.4m | (4.1m) |

## Inventories | (509.0k) | 1.2m | (1.2m) | (202.0k) |

## Accounts Payable | 1.2m | 2.8m | (720.0k) | (5.4m) |

## Cash From Operating Activities | 42.2m | 54.1m | 49.3m | 65.2m |

## Purchases of PP&E | (7.6m) | (12.5m) | (7.8m) | (6.3m) |

## Cash From Investing Activities | (14.9m) | (59.5m) | (61.7m) | (59.4m) |

## Short-term Borrowings | (222.0k) | (237.0k) | (285.0k) | (268.0k) |

## Dividends Paid | (1.4m) | |||

## Cash From Financing Activities | 78.5m | 21.7m | (20.4m) | (4.1m) |

## Net Change in Cash | 105.8m | 15.5m | (32.7m) | 1.5m |

## Interest Paid | 447.0k | 326.0k | 287.0k | 264.0k |

## Income Taxes Paid | 2.6m | 3.2m | 353.0k | 7.9m |

Q1, 2015 | Q2, 2015 | Q3, 2015 | Q4, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q4, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Nov, 2017 | Q3, 2018 | Sep, 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Billings | $87.60 m | $89.04 m | $91.53 m | $96.13 m | $364.29 m | $94.27 m | $98.45 m | $89.01 m | $95.79 m | $377.52 m | $98.20 m | $100.30 m | $100.40 m | $103.22 m | $402.12 m | $105.22 m | $108.50 m | $110.63 m | ||

## Active Subscribers | 214.34 k | 225.60 k | 234.96 k | 243.58 k | 252.46 k | 261.61 k | 269.47 k | 278.40 k | 286.60 k | 298.74 k | 309.32 k | 321.24 k | 335.32 k | 348.09 k | 360.33 k | |||||

## Channel Partners | 5 k | |||||||||||||||||||

## Customers | 150 k | 150 k | ||||||||||||||||||

## Partners | 5 k | 6.50 k | 6.50 k | |||||||||||||||||

## Patents Issued | 56 | 59 | 65 | 121 | ||||||||||||||||

## Patents Pending | 33 | 27 | 22 | |||||||||||||||||

## Technology Partners | 27 | |||||||||||||||||||

## Trademarks (US) | 23 |