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Corcentric Platform Revenue

Corcentric Platform revenue was $28.12 m in FY, 2018

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Summary - Funding Rounds

Founding Date

1996

Total Funding

$5.9 m
In total, Corcentric Platform had raised $5.9 m. Corcentric Platform is a subsidiary of Corcentric

Corcentric Platform Income Statement

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

13.8m17.6m15.8m20.9m26.8m27.5m28.1m

Revenue growth, %

32%28%3%

Cost of goods sold

5.6m7.4m8.4m12.3m13.0m13.6m13.5m

Gross profit

8.2m10.1m7.4m8.6m13.8m13.8m14.6m

Gross profit Margin, %

60%58%47%41%52%50%52%

Sales and marketing expense

6.2m6.7m8.3m12.7m13.2b10.4m10.9m

R&D expense

3.4m3.7m3.0m3.7m3.6b3.8m4.5m

General and administrative expense

3.8m3.6m5.0m8.8m8.1b7.5m8.0m

Operating expense total

13.9m14.9m16.5m25.2m24.9b21.6m23.4m

EBIT

(5.7m)(4.7m)(9.1m)(16.6m)(13.9b)(7.8m)(8.7m)

EBIT margin, %

(41%)(27%)(58%)(80%)(51842%)(28%)(31%)

Interest expense

15.0k

Interest income

20.0k

Pre tax profit

(6.3m)(4.7m)(8.2m)(16.7m)(14.6b)(9.6m)(10.5m)

Income tax expense

(2.9m)(545.0k)(229.0k)(555.0k)

Net Income

(6.3m)(4.7m)(8.2m)(13.7m)(14.0m)(9.5m)(9.9m)

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

3.8m3.5m3.3m4.2m4.7m4.5m4.4m3.0m3.8m5.2m6.2m6.8m7.1m6.5m6.6m6.9m7.0m6.9m7.5m6.0m5.7m5.9m

Cost of goods sold

1.3m1.5m1.3m1.6m1.8m2.0m1.9m694.0k2.3m3.5m2.9m3.3m3.4m3.1m3.4m3.5m3.3m3.5m3.3m3.4m3.0m3.0m

Gross profit

2.5m2.0m2.0m2.6m2.9m2.5m2.5m2.3m1.5m1.8m3.3m3.5m3.7m3.4m3.1m3.3m3.7m3.4m4.2m2.6m2.8m2.9m

Gross profit Margin, %

66%57%60%63%62%56%56%77%40%34%53%52%52%52%48%49%53%50%56%43%48%49%

Sales and marketing expense

1.2m1.4m1.5m1.5m1.7m1.6m2.1m2.1m2.1m2.4m3.9m3.6m3.4m3.6m3.3m2.8m2.8m2.3m2.5m2.7m2.7m3.1m2.5m2.2m

R&D expense

896.0k810.0k801.0k931.0k861.0k950.0k1.1m450.0k586.0k442.0k997.0k1.1m588.0k1.0m1.2m947.0k1.1m1.0m1.1m1.0m1.3m1.2m1.2m1.1m

General and administrative expense

929.0k843.0k1.1m870.0k698.0k985.0k1.6m733.0k1.3m1.6m2.0m2.3m2.1m2.1m2.1m1.8m1.9m1.8m2.1m1.8m2.0m2.0m2.2m2.3m

Operating expense total

3.0m3.6m3.4m3.3m3.8m3.6m4.7m3.5m4.0m4.5m7.4m7.0m6.1m6.7m6.6m5.5m5.7m5.1m5.6m5.5m6.0m6.3m5.9m5.6m

EBIT

(544.0k)(1.6m)(1.4m)(704.0k)(884.0k)(1.1m)(2.3m)(1.6m)(2.2m)(2.9m)(5.6m)(3.9m)(2.8m)(3.2m)(2.9m)(2.1m)(2.6m)(1.7m)(1.9m)(2.1m)(1.8m)(3.6m)(3.2m)(2.7m)

EBIT margin, %

(14%)(44%)(43%)(17%)(19%)(23%)(52%)(52%)(78%)(108%)(45%)(47%)(41%)(33%)(39%)(25%)(28%)(30%)(25%)(60%)(55%)(45%)

Interest expense

46.0k

Interest income

26.0k28.0k67.0k

Pre tax profit

(596.0k)(2.1m)(1.4m)(5.7m)(2.9m)(3.4m)(3.1m)(2.4m)(3.2m)(2.2m)(2.1m)(2.6m)(2.4m)(4.0m)(3.6m)(3.0m)

Income tax expense

3.0m3.0m20.0k(233.0k)(70.0k)(38.0k)(35.0k)(17.0k)28.0k(36.0k)88.0k(12.0k)19.0k

Net Income

(596.0k)(2.1m)(1.4m)(709.0k)(889.0k)(1.1m)(2.4m)(466.0k)(2.1m)(2.9m)(2.7m)(3.8m)(2.9m)(3.4m)(2.8m)(2.3m)(3.2m)(2.2m)(2.1m)(2.7m)(2.3m)(4.1m)(3.6m)(3.0m)

Corcentric Platform Balance Sheet

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

15.9m12.1m16.9m13.2m9.4m9.4m9.9m

Accounts Receivable

2.4m3.5m3.0m5.2m7.0m6.6m

Prepaid Expenses

531.0k853.0k689.0k1.6m1.6m1.5m

Current Assets

19.1m16.4m20.6m20.1m18.0m18.1m18.1m

PP&E

362.0k407.0k312.0k290.0k136.0k85.0k90.0k

Goodwill

7.7m14.5m14.4m15.5m

Total Assets

19.5m16.9m21.8m37.3m44.2m42.4m42.1m

Accounts Payable

395.0k1.0m1.4m1.5m2.0m2.5m2.4m

Short-term debt

7.4m7.1m12.1m

Current Liabilities

13.6m14.5m14.4m20.2m24.2m28.4m28.3m

Long-term debt

6.0m7.1m

Total Debt

6.0m12.1m

Total Liabilities

15.0m16.3m15.1m23.3m33.3m37.3m37.1m

Common Stock

4.0k4.0k5.0k5.0k7.0k

Additional Paid-in Capital

266.5m267.3m297.9m313.7m317.4m325.9m

Retained Earnings

(261.6m)(266.4m)(288.3m)(302.3m)(311.7m)(321.7m)

Total Equity

4.4m520.0k3.1m9.1m10.9m5.1m4.9m

Financial Leverage

4.4 x32.4 x7.1 x4.1 x4.1 x8.3 x8.5 x

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

16.6m13.0m15.0m13.6m12.1m9.8m13.9m11.8m9.7m12.2m10.1m8.5m11.3m8.0m9.8m9.7m8.0m9.4m13.7m11.8m10.1m6.2m7.5m8.3m

Accounts Receivable

2.0m1.7m2.6m3.6m3.7m4.6m2.9m3.4m4.0m2.5m4.4m4.9m6.4m6.7m6.2m6.0m6.8m6.7m6.8m9.0m6.3m6.6m

Prepaid Expenses

457.0k400.0k371.0k655.0k512.0k622.0k832.0k889.0k538.0k1.0m1.5m1.6m1.5m1.5m1.5m1.3m1.4m1.4m1.4m1.2m1.5m2.1m

Current Assets

19.3m16.7m18.2m17.8m16.2m15.0m17.7m16.1m14.3m15.7m16.1m14.5m17.7m15.9m18.1m17.4m15.4m17.6m21.8m20.0m20.4m14.0m13.6m17.0m

PP&E

357.0k380.0k381.0k372.0k368.0k399.0k401.0k350.0k317.0k284.0k427.0k354.0k224.0k187.0k146.0k130.0k111.0k94.0k84.0k79.0k83.0k121.0k120.0k105.0k

Goodwill

8.3m8.4m7.7m14.6m14.6m14.5m14.5m14.3m14.9m15.1m15.3m15.1m15.0m14.9m

Total Assets

19.7m17.1m18.6m18.2m16.7m15.5m18.2m16.9m15.3m17.3m34.0m32.6m34.7m43.7m45.3m43.3m40.7m42.0m46.4m44.2m44.2m37.4m36.6m39.0m

Accounts Payable

744.0k498.0k551.0k930.0k876.0k751.0k1.0m1.1m1.0m1.5m1.7m1.9m1.6m1.8m1.9m1.3m1.8m2.4m2.0m2.2m2.3m2.5m2.5m2.6m

Short-term debt

786.0k7.0m6.9m7.1m8.0m10.9m10.9m10.9m11.9m12.0m11.8m11.0m14.5m

Current Liabilities

5.7m9.0m11.2m13.2m12.5m12.2m15.4m13.0m13.3m12.7m17.8m20.0m19.7m23.4m24.4m26.8m26.4m27.4m28.3m27.4m28.8m27.1m29.0m31.0m

Long-term debt

3.3m6.0m6.0m6.0m6.0m6.0m5.6m7.0m7.1m2.1m

Total Debt

4.1m6.0m6.0m6.0m6.0m6.0m5.6m14.0m6.9m14.2m8.0m10.9m10.9m10.9m11.9m12.0m11.8m11.0m16.5m

Total Liabilities

9.5m9.4m12.2m14.3m13.5m13.1m16.8m14.0m14.1m13.1m18.1m20.0m22.8m26.4m30.1m34.1m33.6m36.0m36.5m35.8m37.5m36.4m38.7m44.2m

Common Stock

4.0k4.0k4.0k4.0k4.0k4.0k4.0k4.0k4.0k4.0k4.0k5.0k5.0k5.0k5.0k5.0k5.0k7.0k7.0k7.0k7.0k7.0k

Preferred Stock

Additional Paid-in Capital

266.1m266.3m266.4m266.7m266.8m267.1m270.2m272.7m273.1m282.1m296.5m297.1m303.6m312.3m313.1m314.4m315.3m316.5m324.0m324.7m325.1m326.5m327.0m327.1m

Retained Earnings

(255.9m)(258.0m)(259.4m)(262.3m)(263.2m)(264.3m)(268.8m)(269.2m)(271.4m)(277.5m)(280.2m)(284.0m)(291.2m)(294.6m)(297.5m)(304.6m)(307.8m)(310.0m)(313.9m)(316.5m)(318.9m)(325.8m)(329.3m)(332.3m)

Total Equity

10.2m7.8m6.5m3.9m3.1m2.4m925.0k2.9m1.2m4.2m15.9m12.6m11.9m17.3m15.2m9.2m7.1m6.0m9.8m8.4m6.7m1.0m(2.1m)(5.1m)

Financial Leverage

1.9 x2.2 x2.9 x4.7 x5.3 x6.5 x19.6 x5.8 x12.4 x4.1 x2.1 x2.6 x2.9 x2.5 x3 x4.7 x5.7 x7 x4.7 x5.3 x6.6 x36.8 x-17.5 x-7.6 x

Corcentric Platform Cash Flow

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(6.3m)(4.7m)(8.2m)(13.7m)(14.0m)(9.4m)(9.9m)

Depreciation and Amortization

261.0k214.0k246.0k1.5m2.9m3.4m4.0m

Accounts Receivable

249.0k(1.0m)449.0k421.0k(154.0k)(11.0k)437.0k

Accounts Payable

(418.0k)615.0k359.0k(195.0k)199.0k505.0k(112.0k)

Cash From Operating Activities

(1.9m)(3.4m)(9.3m)(11.6m)(5.9m)(3.4m)(2.3m)

Purchases of PP&E

(215.0k)(259.0k)(121.0k)(51.0k)(6.0k)(57.0k)(48.0k)

Cash From Investing Activities

(213.0k)(60.0k)(1.0m)(6.5m)(2.3m)(1.9m)(2.4m)

Short-term Borrowings

(4.3m)(655.0k)(394.0k)(1.4m)(42.4m)

Cash From Financing Activities

1.2m(298.0k)15.2m14.4m4.6m5.1m5.2m

Net Change in Cash

(945.0k)(3.8m)4.8m(3.7m)(3.8m)11.0k499.0k

Interest Paid

15.0k35.0k105.0k216.0k141.0k

Income Taxes Paid

41.0k142.0k

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(596.0k)(2.7m)(4.1m)(709.0k)(1.6m)(2.7m)(2.4m)(2.9m)(5.0m)(2.9m)(5.6m)(3.8m)(2.9m)(6.4m)(9.2m)(2.3m)(5.5m)(7.7m)(2.1m)(4.8m)(7.1m)(4.1m)(7.7m)(10.7m)

Depreciation and Amortization

72.0k139.0k201.0k48.0k101.0k156.0k48.0k99.0k146.0k104.0k589.0k517.0k1.3m1.9m772.0k1.7m2.6m971.0k2.0m2.9m1.0m2.1m3.2m

Accounts Receivable

649.0k987.0k51.0k(1.1m)(1.2m)(2.1m)520.0k8.0k(585.0k)512.0k1.2m341.0k440.0k149.0k840.0k1.1m272.0k354.0k254.0k(2.0m)327.0k2.0m(742.0k)

Accounts Payable

(69.0k)(315.0k)(262.0k)535.0k481.0k356.0k(100.0k)46.0k(10.0k)124.0k5.0k1.9m58.0k(55.0k)113.0k(687.0k)(174.0k)462.0k(482.0k)(272.0k)(199.0k)108.0k82.0k263.0k

Cash From Operating Activities

21.0k(2.3m)(2.9m)(2.4m)(3.9m)(5.9m)(2.9m)(5.7m)(7.7m)(2.7m)(7.1m)(1.6m)(4.2m)(5.6m)(1.4m)(3.0m)(3.2m)10.0k(1.6m)(2.3m)(1.7m)(2.6m)(4.9m)

Purchases of PP&E

(7.0k)(98.0k)(172.0k)(58.0k)(107.0k)(193.0k)(44.0k)(65.0k)(79.0k)(18.0k)(52.0k)(7.0k)(6.0k)(22.0k)(28.0k)(39.0k)(7.0k)(17.0k)(34.0k)(44.0k)(58.0k)(58.0k)

Cash From Investing Activities

(7.0k)(1.5m)(172.0k)141.0k92.0k6.0k(44.0k)(447.0k)(740.0k)(498.0k)(6.1m)(355.0k)(1.2m)(1.5m)(351.0k)(790.0k)(1.3m)(576.0k)(1.2m)(1.8m)(862.0k)(1.4m)(2.0m)

Short-term Borrowings

(200.0k)(4.3m)(4.3m)(932.0k)(372.0k)(25.0k)(1.1m)(1.1m)(1.3m)(44.0k)(17.0m)(29.6m)(12.0m)(26.9m)

Long-term Borrowings

(590.0k)

Cash From Financing Activities

(200.0k)(34.0k)1.3m(36.0k)(59.0k)(217.0k)4.8m5.8m6.0m(1.5m)6.4m11.0k264.0k3.8m2.1m2.2m4.3m4.9m5.0m4.8m(1.2m)1.7m5.4m

Net Change in Cash

(186.0k)(3.8m)(1.8m)(2.3m)(3.8m)(6.1m)1.8m(298.0k)(2.4m)(4.7m)(6.8m)(1.9m)(5.2m)(3.3m)233.0k(1.4m)(31.0k)4.2m2.3m648.0k(3.8m)(1.6m)

Interest Paid

28.0k137.0k241.0k241.0k46.0k107.0k161.0k63.0k99.0k116.0k36.0k94.0k190.0k

Income Taxes Paid

35.0k38.0k39.0k48.0k70.0k101.0k37.0k45.0k55.0k

Corcentric Platform Ratios

USDQ1, 2012

Financial Leverage

1.9 x

Corcentric Platform Employee Rating

2.831 votes
Culture & Values
2.5
Work/Life Balance
3
Senior Management
2.5
Salary & Benefits
3
Career Opportunities
2.5
Source