Ellie Mae is the provider of solutions for the residential mortgage industry delivering compliance, quality, and efficiency through Encompass software. The Company’s Ellie Mae Network connects mortgage lenders, investors, and service providers. The Ellie Mae Network provides Encompass to combine loan origination, business management, and customer relationship management. Encompass solutions include the Ellie Mae TQL Services tool (within Encompass for fraud detection, valuation, and risk analysis), Encompass CenterWise (a bundled offering of Encompass WebCenter and Encompass Enterprise Document Management (EDM)), Encompass WebCenter (providing professional websites), Encompass TPO WebCenter (web-based extension of Encompass for third-party originators), Encompass Docs Solution, Encompass Compliance Service, Encompass Product and Pricing Service, & Encompass 4506-T Service (tax transcript services).

Company Growth (employees)
Type
Public
HQ
Pleasanton, US
Founded
1997
Size (employees)
1,123 (est)+6%
Ellie Mae was founded in 1997 and is headquartered in Pleasanton, US

Ellie Mae Office Locations

Ellie Mae has offices in Pleasanton, Brentwood, Calabasas, Irvine and in 6 other locations
Pleasanton, US (HQ)
500 4420 Rosewood Dr
Eagan, US
220 2600 Eagan Woods Dr
Omaha, US
2126 N 117th Ave
Parsippany Troy Hills, US
200 50 Parsippany Rd
Sandy, US
130 9635 S Indian Ridge Dr
Irvine, US
980 2 Park Plaza
Show all (10)

Ellie Mae Data and Metrics

Ellie Mae Financial Metrics

Ellie Mae's revenue was reported to be $93 m in Q1, 2017
USD

Revenue (Q1, 2017)

93 m

Gross profit (Q1, 2017)

58.2 m

Gross profit margin (Q1, 2017), %

63%

Net income (Q1, 2017)

9.6 m

EBIT (Q1, 2017)

4.5 m

Market capitalization (21-Jul-2017)

3.9 b

Cash (31-Mar-2017)

334.9 m
Ellie Mae's current market capitalization is $3.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

128.5 m161.5 m253.9 m360.3 m

Revenue growth, %

26%57%42%

Cost of goods sold

8.2 m14.7 m23.6 m32.8 m

Gross profit

120.3 m146.8 m230.4 m327.4 m

Gross profit Margin, %

94%91%91%91%

Sales and marketing expense

14.3 m

R&D expense

16.3 m

General and administrative expense

18.4 m

Operating expense total

76.9 m94.1 m135.9 m49 m

EBIT

18.9 m21.1 m33.9 m14.3 m

EBIT margin, %

15%13%13%4%

Pre tax profit

2.4 m4.1 m5.1 m14.8 m

Income tax expense

752 k(192 k)271 k3.9 m

Net Income

12.6 m14.8 m22.3 m37.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

40 m42.8 m54.2 m65.9 m68.9 m73.6 m90.1 m100.4 m93 m

Cost of goods sold

10.6 m11.7 m17.4 m20.9 m22.4 m26.6 m28.5 m32.2 m34.8 m

Gross profit

29.4 m31.1 m36.8 m45.1 m46.5 m47 m61.6 m68.2 m58.2 m

Gross profit Margin, %

74%73%68%68%67%64%68%68%63%

Sales and marketing expense

6.5 m6.5 m9.8 m8.8 m9.1 m15.3 m12.5 m12.7 m19.4 m

R&D expense

6.1 m6.5 m8.3 m9.3 m11.1 m12.5 m14.7 m15.1 m17.4 m

General and administrative expense

9.6 m9.6 m12.3 m14.1 m16.7 m15.7 m17.8 m19.4 m16.9 m

Operating expense total

22.1 m22.5 m30.4 m32.2 m36.9 m43.5 m45 m47.1 m53.7 m

EBIT

7.3 m8.6 m6.5 m12.8 m9.6 m3.5 m16.7 m21.1 m4.5 m

EBIT margin, %

18%20%12%19%14%5%19%21%5%

Pre tax profit

7.4 m8.7 m6.6 m13 m9.8 m3.7 m16.8 m21.3 m5 m

Income tax expense

3.1 m4.7 m3 m5.4 m3.6 m1.2 m6.3 m7.5 m(4.6 m)

Net Income

4.4 m4.1 m3.6 m7.6 m6.2 m2.5 m10.6 m13.8 m9.6 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

33.5 m26.8 m34.4 m380.9 m

Inventories

6.5 m16 m9.9 m15.2 m

Current Assets

98.3 m112.5 m121.8 m477.3 m

PP&E

12.8 m28.7 m81.4 m126.3 m

Goodwill

51.1 m65.3 m74.5 m74.5 m

Total Assets

228.6 m290.1 m364.9 m751.5 m

Accounts Payable

3.8 m6.7 m9.9 m15.9 m

Current Liabilities

20.7 m33.8 m63.1 m78.9 m

Total Liabilities

96.6 m

Additional Paid-in Capital

212 m242.5 m285.3 m612.1 m

Retained Earnings

(5.1 m)10.4 m5.8 m43 m

Total Equity

206.9 m290.9 m654.9 m

Financial Leverage

1.1 x1.3 x1.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

34 m43.9 m25.4 m34.9 m52.4 m28.5 m44.6 m344.5 m334.9 m

Current Assets

100.3 m109.5 m112.6 m132.6 m155.7 m122.6 m147 m447.3 m449.8 m

PP&E

18.7 m23.1 m50.9 m63 m72.4 m96.7 m105.8 m112.6 m141.7 m

Goodwill

52.5 m52.5 m65.3 m65.3 m65.3 m74.5 m74.5 m74.5 m74.5 m

Total Assets

249.5 m264.3 m311.7 m338.3 m366.3 m366.8 m397.1 m705.8 m760.4 m

Accounts Payable

3.7 m4.7 m8.8 m6.5 m9.2 m8.9 m9.5 m7.2 m16.8 m

Current Liabilities

22.2 m22.2 m38.8 m46 m51.7 m48 m55.7 m57 m56.5 m

Additional Paid-in Capital

225.5 m235.9 m255 m262.7 m273.2 m298.6 m307.2 m597.8 m624.3 m

Retained Earnings

22 k4.1 m11.9 m14.1 m20.3 m8.3 m18.9 m32.6 m67.2 m

Total Equity

225.6 m239.9 m267 m276.8 m293.6 m307 m326.3 m630.5 m691.3 m

Financial Leverage

1.1 x1.1 x1.2 x1.2 x1.2 x1.2 x1.2 x1.1 x1.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

12.6 m14.8 m22.3 m37.8 m

Depreciation and Amortization

4.8 m8.4 m16 m20.5 m

Accounts Receivable

(2.3 m)(8.4 m)(8 m)(10.8 m)

Inventories

(4.9 m)1.4 m(5.3 m)

Accounts Payable

907 k2.7 m290 k3.7 m

Cash From Operating Activities

29.2 m40.6 m87.2 m102.7 m

Purchases of PP&E

(6.1 m)(19.8 m)(24.8 m)(25.2 m)

Cash From Investing Activities

(52.3 m)(61.2 m)(66.3 m)(44.6 m)

Cash From Financing Activities

12.4 m13.9 m(13.2 m)288.5 m

Interest Paid

268 k40 k133 k294 k

Income Taxes Paid

4.6 m126 k104 k267 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

4.4 m4.1 m3.6 m7.6 m6.2 m2.5 m10.6 m13.8 m9.6 m

Accounts Payable

3.7 m4.7 m8.8 m6.5 m9.2 m8.9 m9.5 m7.2 m16.8 m
USDY, 2017

Revenue/Employee

84.9 k

Financial Leverage

1.1 x

Ellie Mae Operating Metrics

Ellie Mae's Active Users was reported to be 171.6 k in Q1, 2017
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Revenue per Average Active Encompass User

$343$410$419$474$526$520

Contracted SaaS Users

99.09 k109.52 k116.41 k133.58 k141.5 k151.35 k

Active Encompass Users

94.97 k99 k104.15 k118.67 k126.86 k134.89 k

Active SaaS Encompass Users

67.42 k72.09 k78.85 k94.54 k106.02 k116.22 k

Average Active Encompass Users During the Period

93.7 k97.47 k102.25 k114.41 k125.34 k132.68 k

Average Active SaaS Encompass Users During the Period

66.16 k70.44 k76.52 k90.37 k102.86 k113.29 k

Patents Issued

911

Revenue per Average Active User During the Period

$1.61 k$2 k$522$601$640$2.36 k$551

Patents Pending

55

Contracted Users

126.35 k166.06 k180.6 k192.98 k205.78 k215.77 k225.05 k

Active Users

108.93 k136.17 k144.53 k153.33 k159.52 k164.65 k171.58 k

Average Active Users During the Period

100.24 k127.23 k141.08 k149.88 k156.91 k152.9 k168.78 k

SaaS Encompass Revenue per Average Active SaaS Encompass User

$359$389$367

Ellie Mae Market Value History

Ellie Mae Revenue Breakdown

Ellie Mae Job Categories

Ellie Mae Median Salaries

Source: 122 public H-1B filings from Ellie Mae

Ellie Mae Online and Social Media Presence

Ellie Mae Company Life and Culture

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