Castlight Health offers a health benefits platform that engages employees to make healthcare decisions, and enables employers to communicate and measure their benefit programs. The Company operates through cloud-based products segment. Its technology offering aggregates data and applies analytics to make healthcare data transparent; its products deliver employee engagement and enable employers to integrate benefit programs into a single platform available to employees and their families; its health benefits platform engages external data and its substantial user base to provide a single, end-to-end solution that engages employees through personalized and relevant communications. The Company's offering provides employers the opportunity to communicate, measure, and get value out of their benefits and programs on a real-time basis.
Type
Public
HQ
San Francisco, US
Founded
2008
Size (employees)
527 (est)+39%
Castlight Health was founded in 2008 and is headquartered in San Francisco, US
Report incorrect company information

Key People/Management at Castlight Health

John Doyle

John Doyle

CEO
Jennifer Chaloemtiarana

Jennifer Chaloemtiarana

General Counsel and Chief Compliance Officer
Siobhan Mangini

Siobhan Mangini

CFO
Vicki Ryan

Vicki Ryan

Chief People Officer
Maeve OMeara

Maeve OMeara

Executive Vice President, Product and Customer Experience
Neeraj Gupta

Neeraj Gupta

Senior Vice President, Engineering
Show more

Castlight Health Office Locations

Castlight Health has offices in Chicago, Charlotte, Mountain View and San Francisco
San Francisco, US (HQ)
400 150 Spear St
Show all (4)
Report incorrect company information

Castlight Health Financials and Metrics

Castlight Health Financials

Castlight Health's revenue was reported to be $131.43 m in FY, 2017 which is a 29.2% increase from the previous period.
USD

Revenue (Q1, 2018)

36.5 m

Gross profit (Q1, 2018)

21.5 m

Gross profit margin (Q1, 2018), %

59%

Net income (Q1, 2018)

(14.4 m)

EBIT (Q1, 2018)

(14.6 m)

Market capitalization (22-Jun-2018)

578.3 m

Closing share price (22-Jun-2018)

4.3

Cash (31-Mar-2018)

48.2 m
Castlight Health's current market capitalization is $578.3 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

45.6 m75.3 m101.7 m131.4 m

Revenue growth, %

65%35%29%

Cost of goods sold

27.8 m33.8 m34.6 m47.2 m

Gross profit

17.8 m41.5 m67.1 m84.2 m
Quarterly
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

17.4 m19.2 m48.7 m61.3 m

Accounts Receivable

11.1 m12.8 m14.8 m20.8 m

Current Assets

210.7 m142.4 m141 m124.5 m

PP&E

3.6 m6.9 m5.3 m5.3 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

180.1 m35.3 m25.2 m27 m31.5 m25.7 m35.1 m40.7 m55.1 m56.2 m62.2 m45 m48.2 m

Accounts Receivable

6.3 m10.4 m11.3 m10.5 m11 m13.6 m14 m12.5 m15.9 m16.5 m21.4 m26 m33.1 m

Current Assets

231.3 m176.2 m200.2 m203.4 m185.4 m169.8 m143.5 m149.4 m144 m132.1 m131.8 m126.6 m111.4 m

PP&E

3.1 m3.2 m3.2 m3.5 m4.5 m6.3 m6.6 m6.5 m5.9 m5.1 m5.2 m5.7 m4.8 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(85.9 m)(79.9 m)(58.5 m)(55.6 m)

Depreciation and Amortization

1.4 m2 m3.2 m6.6 m

Accounts Payable

147 k646 k(1 m)764 k

Cash From Operating Activities

(7.7 m)(56.9 m)(37 m)(23.5 m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

(24.3 m)(46.1 m)(66.3 m)(19.6 m)(40.9 m)(60.9 m)(21.4 m)(38 m)(49.5 m)(14.8 m)(28.5 m)(47 m)(14.4 m)

Depreciation and Amortization

282 k604 k944 k454 k910 k1.4 m783 k1.6 m2.4 m698 k2.8 m4.6 m1.9 m

Accounts Payable

759 k384 k193 k1.5 m1.3 m716 k605 k(110 k)300 k177 k(508 k)401 k1.8 m

Cash From Operating Activities

(16.1 m)(35.6 m)(43.1 m)(13.2 m)(30.4 m)(44.9 m)(14 m)(25.9 m)(35.3 m)(10.9 m)(15 m)(23.4 m)(19 m)
USDY, 2018

Financial Leverage

1.3 x
Show all financial metrics

Castlight Health Operating Metrics

Castlight Health's Backlog was reported to be $336m in FY, 2017. Castlight Health's Customers was reported to be 250 in Jun, 2018.
FY, 2015FY, 2016FY, 2017Jun, 2018

Backlog

$219.20 m$197.60 m$336 m

Customers

250

Retention Rate

116%104%94%
Show all operating metrics

Castlight Health Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Jiff (155)January 04, 2017$135 m
Engage Technologies Corporation

Castlight Health Revenue Breakdown

Embed Graph

Castlight Health revenue breakdown by business segment: 8.3% from Professional services and other and 91.7% from Subscription

Report incorrect company information

Castlight Health Online and Social Media Presence

Embed Graph
Report incorrect company information

Castlight Health News and Updates

Castlight Health Announces Management & Board of Directors Changes

SAN FRANCISCO, June 11, 2018 /PRNewswire/ -- Castlight Health, Inc. (NYSE: CSLT), a leading health navigation provider, today announced the following changes to its management team and board of directors: Maeve O'Meara, has been promoted to the newly created role of executive...

Castlight Health Announces Management & Board of Directors Changes

SAN FRANCISCO, June 11, 2018 /PRNewswire/ -- Castlight Health, Inc. (NYSE: CSLT), a leading health navigation provider, today announced the following changes to its management team and board of directors: Maeve O'Meara, has been promoted to the newly created role of executive...
Report incorrect company information