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 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 13 other locations
New York, US (HQ)
1385 Broadway
Christchurch, NZ
17 Birmingham Dr
Sydney, AU
06 1 Prince Albert Rd
Dubai, AE
Sheikh Zayed Rd
Zürich, CH
95 Leutschenbachstrasse
Madrid, ES
94, 1ª Planta Calle De Velázquez
Paris, FR
56 Avenue Hoche
Frankfurt Am Main, DE
49 Mainzer Landstraße
Greater London, GB
Lyric House 149 Hammersmith Rd
Ciudad De México, MX
462 Av Cuauhtémoc
Consolação, BR
2300 Av. Paulista
Montréal, CA
1000 Rue De La Gauchetière O

Diligent Data and Metrics

Diligent Summary

Founding Date

2001
Diligent is a subsidiary of IBM

Diligent Financial Metrics

Diligent's revenue was reported to be $99.3 m in FY, 2015 which is a 20% increase from the previous period.
Numbers are in $, 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

Gross profit Margin, %

80%79%78%

Operating expense total

41.5 m50.4 m66.4 m

EBIT

10.3 m15.1 m11.6 m

EBIT margin, %

16%18%12%

Interest expense

91 k45 k1 k

Interest income

91 k

Pre tax profit

11.4 m

Income tax expense

3.7 m6.1 m3.2 m

Net Income

6.3 m8.9 m8.1 m
Numbers are in $, 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

PP&E

8.2 m12.2 m12.7 m

Goodwill

498 k

Total Assets

78.4 m100.4 m122.5 m

Accounts Payable

2.4 m2.2 m3.7 m

Current Liabilities

39.5 m48.1 m55.8 m

Non-Current Liabilities

13.9 m16.1 m15.5 m

Total Liabilities

53.4 m64.1 m71.3 m

Additional Paid-in Capital

28.9 m32.6 m40.2 m

Retained Earnings

(7.2 m)9.8 m

Total Equity

21.7 m33.3 m48.2 m

Financial Leverage

3.6 x3 x2.5 x
Numbers are in $, 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

Accounts Payable

4.7 m2.2 m3.7 m

Cash From Operating Activities

27.1 m27.2 m(589 k)

Purchases of PP&E

(3.3 m)

Cash From Investing Activities

(16.2 m)

Cash From Financing Activities

(516 k)

Interest Paid

90 k

Income Taxes Paid

7.2 m

Diligent Job Categories

Diligent Median Salaries

Source: 134 public H-1B filings from Diligent

Diligent Online and Social Media Presence

Diligent News and Updates

Diligent Company Life and Culture

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