Diligent

Diligent is the leading provider of secure corporate governance and collaboration solutions for boards and senior executives. Over 3,100 clients in more than 60 countries and on all seven continents rely on Diligent to provide secure, intuitive access to their most time-sensitive and confidential information, ultimately helping them make better decisions. The Diligent Boards (formerly Diligent Boardbooks) solution speeds and simplifies how board materials are produced, delivered and collaborated on via any device, removing the security concerns of doing this by courier, email and file sharing. Diligent is a publicly listed company (NZX: DIL) with nearly US$100 million in annual recurring revenue, based on previously reported revenue retention rates.
Type
Subsidiary
Parent Company
IBM
HQ
New York, US
Founded
2001
Diligent was founded in 2001 and is headquartered in New York, US

Key People/Management at Diligent

Brian Stafford

Brian Stafford

Executive Director, Chief Executive Officer & President

Diligent Office Locations

Diligent has offices in New York, Montréal, Consolação, Ciudad de México and in 14 other locations
New York, US (HQ)
1385 Broadway
Christchurch, NZ
17 Birmingham Dr
Hong Kong, HK
World Wide House 19 Des Voeux Rd Central
Sydney, AU
06 1 Prince Albert Rd
Dubai, AE
Sheikh Zayed Rd
Zürich, CH
95 Leutschenbachstrasse
Show all (19)

Diligent Financials and Metrics

Diligent Summary

Founding Date

2001

Total Funding

$30 m

Investors

In total, Diligent had raised $30 m. Diligent is a subsidiary of IBM

Diligent Financials

Diligent's revenue was reported to be $99.3 m in FY, 2015
USDFY, 2013FY, 2014FY, 2015

Revenue

64.8 m83.1 m99.3 m

Revenue growth, %

28%20%

Cost of goods sold

13 m17.5 m21.4 m

Gross profit

51.8 m65.6 m77.9 m
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Revenue

15.6 m17.2 m19.1 m20.3 m21.4 m22.8 m24.1 m24.9 m

Cost of goods sold

3 m3.2 m3.7 m4 m4.1 m4.4 m4.9 m5.1 m

Gross profit

12.6 m14 m15.4 m16.4 m17.3 m18.4 m19.2 m19.8 m

Gross profit Margin, %

81%81%80%81%81%81%80%80%
USDFY, 2013FY, 2014FY, 2015

Cash

43.6 m70.8 m70.2 m

Accounts Receivable

1.8 m1.8 m6.1 m

Inventories

1.9 m3.2 m3.9 m

Current Assets

65.8 m79.9 m87 m
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Cash

34 m36.4 m54.1 m61.7 m66.8 m65.2 m64.3 m68.8 m

Accounts Receivable

1.8 m2.2 m1.3 m1.7 m1.7 m3.6 m7.7 m8.3 m

Current Assets

48.1 m56.4 m68.7 m73 m77.3 m77.7 m81.1 m87.2 m

PP&E

5.3 m6.9 m9.4 m10.6 m10.9 m11.5 m12.7 m12.4 m
USDFY, 2013FY, 2014FY, 2015

Net Income

6.3 m8.9 m8.1 m

Depreciation and Amortization

1.6 m2.8 m3.9 m

Accounts Receivable

(209 k)1.8 m6.1 m

Inventories

3.2 m3.9 m
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Net Income

2.2 m2.2 m1.9 m2.5 m2.7 m3.1 m

Depreciation and Amortization

355 k515 k527 k661 k765 k850 k
Show all financial metrics

Diligent Median Salaries

Source: 134 public H-1B filings from Diligent

Diligent's Web-traffic and Trends

Diligent Online and Social Media Presence

Diligent Company Life and Culture

You may also be interested in