Envestnet

Envestnet, Inc. is a leading provider of unified wealth management technology and services to investment advisors. The Company's open-architecture platforms unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance, and value. Envestnet solutions enable the transformation of wealth management into a transparent, conflict-free and fully-aligned standard of care, and empower advisors to deliver better results. Envestnet's Advisor Suite® software empowers financial advisors to better manage client outcomes and strengthen their practice.

Type
Public
HQ
Chicago, US
Founded
1999
Size (employees)
2,665 (est)
Envestnet was founded in 1999 and is headquartered in Chicago, US

Envestnet Office Locations

Envestnet has offices in Chicago, Boston, Addison, Denver and in 7 other locations
Chicago, US (HQ)
35 E Upper Wacker Dr
Tucson, US
620 5151 E Broadway Blvd
Thiruvananthapuram, IN
Tc 4/2035 1 Kowdiar Post
Sunnyvale, US
306 150 Mathilda Pl
Seattle, US
701 5th Ave
Raleigh, US
1500 One Bank Of America Plaza 421 Fayetteville St
Berwyn, US
135 1000 Chesterbrook Blvd
New York, US
489 5th Ave
Denver, US
1801 California St
Addison, US
700 16633 Dallas Pkwy
Boston, US
75 State St

Envestnet Metrics

Envestnet Financial Metrics

Revenue (2016)

$578.2 m

Revenue growth (2015-16), %

37%

Gross profit

$397.6 m

Gross profit margin (2016), %

69%

Net income (2016)

($55.6 m)

Market capitalization (28-Apr-2017)

$1.5 b

Closing share price (28-Apr-2017)

$35.1

Cash (31-Dec-2016)

$52.6 m
Envestnet's current market capitalization is $1.5 b.
Envestnet's revenue was reported to be $578.2 m in FY, 2016 which is a 37% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$242.5 m$348.7 m$420.9 m$578.2 m

Revenue growth, %

44%21%37%

Cost of goods sold

$99 m$150.1 m$161.3 m$180.6 m

Gross profit

$143.6 m$198.7 m$259.6 m$397.6 m

Gross profit Margin, %

59%57%62%69%

Operating expense total

$138.1 m$177.4 m$240.6 m$601.6 m

EBIT

$5.5 m$21.3 m$19 m($23.4 m)

EBIT margin, %

2%6%5%(4%)

Interest expense

$626 k$10.3 m$16.6 m

Interest income

$18 k$139 k$338 k$37 k

Pre tax profit

$5.7 m$22.5 m$9 m($40.5 m)

Income tax expense

$2.1 m$8.5 m$4.6 m$15.1 m

Net Income

$3.7 m$14 m$4.4 m($55.6 m)
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$49.9 m$209.8 m$51.7 m$52.6 m

Accounts Receivable

Inventories

$7.2 m$7.2 m$15.2 m$16.2 m

Current Assets

$79.4 m$242 m$113.6 m$113.1 m

PP&E

$12.8 m$16.6 m$28.7 m$33 m

Goodwill

$74.3 m$105 m$421.3 m$431.9 m

Total Assets

$221.2 m$439.4 m$885.6 m$872.4 m

Accounts Payable

$5.5 m$4.9 m$10.4 m$11.5 m

Current Liabilities

$53 m$64.7 m$111.5 m$156 m

Additional Paid-in Capital

$192.3 m$233.9 m$474.7 m$516.7 m

Retained Earnings

($33.6 m)($19.4 m)($15 m)($70.6 m)

Total Equity

$147.8 m$202 m$439.9 m$413.3 m

Financial Leverage

1.5 x2.2 x2 x2.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$3.7 m$14 m$4.4 m($55.6 m)

Depreciation and Amortization

$15.3 m$18.7 m$28 m$64 m

Accounts Receivable

Inventories

($1.1 m)$9.7 m$14.7 m($3.3 m)

Accounts Payable

$2.9 m($659 k)$3.1 m($462 k)

Cash From Operating Activities

$28.9 m$56 m$24.4 m$76.8 m

Purchases of PP&E

($6.1 m)($6.2 m)($9.2 m)($14 m)

Cash From Investing Activities

($18.3 m)($69.1 m)($344.6 m)($57.9 m)

Cash From Financing Activities

$9.4 m$172.9 m$162.2 m($18 m)

Envestnet Market Value History

Envestnet Median Salaries

Source: 54 public H-1B filings from Envestnet

Envestnet Online Presence

Envestnet News

Envestnet Company Life

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