Our world is transforming. Every day, communications technology creates new opportunities to connect. Always on the move, this world is as complex as it is exciting – just keeping up is a full-time job. To truly succeed, you need to go further. By making this world simpler and smarter, Cartesian can make this happen.
We are passionate about problem solving, figuring things out, seeing things from a different angle and cutting through the complexities of the industry. We not only provide the right solutions, but also the answers that push our clients forward. And by doing this we help organizations transform – themselves, the industry and the wider world.
Ours is a world of opportunity. Combining analytics, technology and industry experience, we can help you succeed in it – faster.
Cartesian, Inc. (NASDAQ: CRTN) provides consulting in strategy, execution and managed solutions to clients worldwide. 

Company Growth (employees)
Overland Park, US
Size (employees)
242 (est)
Cartesian was founded in 1990 and is headquartered in Overland Park, US

Cartesian Office Locations

Cartesian has offices in Overland Park, Boston, London, Paris and in 3 other locations
Overland Park, US (HQ)
302 Lighton Plaza I 7300 College Blvd
Philadelphia, US
3930 1735 Market St
Franklin Township, US
400 Atrium Dr
Mc Lean, US
30 8260 Greensboro Dr
Paris, FR
243 Rue De Vaugirard
London, GB
Descartes House 8 Gate Street London
Boston, US
60 South Street

Cartesian Data and Metrics

Cartesian Financial Metrics

Cartesian's revenue was reported to be $78.3 m in FY, 2015 which is a 9% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2015)

78.3 m

Revenue growth (FY, 2014 - FY, 2015), %


Gross profit (FY, 2015)

28.1 m

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

(7.7 m)

EBIT (FY, 2015)

(6.2 m)

Market capitalization (23-May-2017)

3.9 m

Closing share price (23-May-2017)


Cash (31-Dec-2015)

6.9 m
Cartesian's current market capitalization is $3.9 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015


55.4 m71.7 m78.3 m

Revenue growth, %


Cost of goods sold

34.5 m45.1 m50.3 m

Gross profit

20.8 m26.6 m28.1 m

Gross profit Margin, %



(1.9 m)(881 k)(6.2 m)

EBIT margin, %


Pre tax profit

(1.9 m)(2.5 m)(7.1 m)

Net Income

(2.1 m)(1.4 m)(7.7 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015


13.8 m13 m6.9 m

Accounts Receivable


3 m

Current Assets

27.2 m31.3 m25.8 m


1.2 m1.3 m2.5 m


8.2 m8 m11.1 m

Total Assets

36.8 m42.3 m41.4 m

Accounts Payable

2 m1.8 m3.3 m

Current Liabilities

10 m13.7 m16.4 m

Non-Current Liabilities

928 k1.2 m4.3 m

Total Liabilities

10.9 m14.9 m20.7 m

Additional Paid-in Capital

178.1 m181.8 m184.3 m

Retained Earnings

(144.8 m)(146.2 m)(153.9 m)

Total Equity

25.9 m27.4 m20.6 m

Financial Leverage

1.4 x1.5 x2 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015

Net Income

(2.1 m)(1.4 m)(7.7 m)

Depreciation and Amortization

670 k628 k1.2 m

Accounts Receivable

1.3 m(2.1 m)943 k


(3 m)

Accounts Payable

1 m(140 k)(328 k)

Cash From Operating Activities

2.1 m(4.7 m)(2.7 m)

Purchases of PP&E

(525 k)(866 k)(1 m)

Cash From Investing Activities

(525 k)(866 k)(2.8 m)

Cash From Financing Activities

(1 k)5.2 m(586 k)

Interest Paid

256 k
Y, 2015

Financial Leverage

2 x

Cartesian Market Value History

Cartesian Median Salaries

Source: 16 public H-1B filings from Cartesian

Cartesian Online and Social Media Presence

Cartesian Company Life and Culture

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