Darktrace stock price, funding rounds, valuation and financials

Darktrace has raised $230.50 m in total funding. Darktrace valuation is $1.7 b, and annual revenue was £106.80 m in FY 2019

$1.7 B

Darktrace Mkt valuation

£106.8 M

Darktrace Revenue FY, 2019
Darktrace Revenue growth (FY, 2018 - FY, 2019), %80%
Darktrace Gross profit (FY, 2019)95.3 M
Darktrace Gross profit margin (FY, 2019), %89.2%
Darktrace Net income (FY, 2019)-20.9 M
Darktrace EBIT (FY, 2019)-22 M
Darktrace Cash, 30-Jun-201953.4 M
Darktrace EV1.6 B

Darktrace Revenue

Darktrace revenue was £106.80 m in FY, 2019 which is a 79.5% year over year increase from the previous period.

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Darktrace Funding

Summary Metrics

Founding Date

2013

Darktrace total Funding

$230.5 m

Darktrace latest funding size

$50 m

Time since last funding

2 years ago

Darktrace investors

Darktrace's latest funding round in September 2018 was reported to be $50 m. In total, Darktrace has raised $230.5 m. Darktrace's latest valuation is reported to be $1.7 b.

Darktrace Capital Raised

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Darktrace Valuation

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Darktrace Revenue Breakdown

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Darktrace revenue breakdown by business segment: 89.3% from Subscription services and 10.7% from Licence and related support

Darktrace revenue breakdown by geographic segment: 19.1% from Europe, 22.2% from Rest of the World, 40.7% from USA and 18.0% from UK

Darktrace Income Statement

Annual

GBPFY, 2017FY, 2018FY, 2019

Revenue

30.8m59.5m106.8m

Revenue growth, %

80%93%80%

Cost of goods sold

7.2m10.8m11.5m

Gross profit

23.6m48.7m95.3m

Gross profit Margin, %

77%82%89%

Sales and marketing expense

34.6m58.1m78.5m

R&D expense

10.7m2.3m24.8m

General and administrative expense

2.7m6.0m14.6m

Operating expense total

48.0m87.3m118.0m

EBIT

(24.4m)(38.5m)(22.0m)

EBIT margin, %

(79%)(65%)(21%)

Interest expense

250.01.7m

Interest income

723.0k

Pre tax profit

(24.7m)(38.5m)(23.0m)

Income tax expense

343.0k650.0k(2.2m)

Net Income

(25.0m)(39.2m)(20.9m)

Darktrace Balance Sheet

Annual

GBPFY, 2017FY, 2018FY, 2019

Cash

15.3m24.4m53.4m

Accounts Receivable

9.6m24.5m25.3m

Prepaid Expenses

1.7m3.1m18.7m

Inventories

6.0m10.8m16.4m

Current Assets

34.0m64.7m120.9m

PP&E

2.0m2.0m3.9m

Total Assets

40.9m72.4m179.2m

Accounts Payable

3.1m5.9m7.8m

Short-term debt

3.7m

Current Liabilities

23.5m58.8m94.1m

Long-term debt

4.1m21.1m

Non-Current Liabilities

3.4m39.3m

Total Debt

4.1m24.8m

Total Liabilities

26.9m58.8m133.4m

Common Stock

19.0k21.0k22.0k

Additional Paid-in Capital

57.3m95.3m133.8m

Retained Earnings

(45.4m)(83.1m)(88.3m)

Total Equity

14.0m13.5m45.8m

Debt to Equity Ratio

0.3 x0.5 x

Debt to Assets Ratio

0.1 x0.1 x

Financial Leverage

2.9 x5.3 x3.9 x

Darktrace Cash Flow

Annual

GBPFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

2.2m3.9m9.3m

Accounts Receivable

(6.0m)(16.7m)(18.1m)

Inventories

(2.4m)(4.8m)(5.6m)

Accounts Payable

4.6m9.6m12.8m

Cash From Operating Activities

(19.2m)(20.1m)2.9m

Purchases of PP&E

(2.0m)(760.0k)(3.4m)

Cash From Investing Activities

(5.8m)(4.8m)(9.0m)

Long-term Borrowings

(2.5m)(4.1m)(4.2m)

Cash From Financing Activities

23.3m35.1m33.2m

Net Change in Cash

(1.7m)10.1m27.2m

Interest Paid

406.0483.01.1m

Darktrace Ratios

GBPFY, 2017

Revenue/Employee

98.2k

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.9 x

Darktrace Operating Metrics

FY, 2017May, 2018FY, 2018Sep, 2018Feb, 2019FY, 2019Sep, 2019Dec, 2020

Active Investors

9 9

Awards

173

Bookings

$115 m$209 m$295 m

Countries

97 110 110

Incidents Reported

63.50 k

Industries Served

12 10 12

Offices

30 32 33 40 45 40 44

Partners

500

Total Contract Value

$300 m$500 m$500 m

Total Deployments

5 k7 k

Darktrace Employee Rating

2.8282 votes
Culture & Values
2.6
Work/Life Balance
2.8
Senior Management
2.5
Salary & Benefits
2.9
Career Opportunities
2.8
Source