Evolving Systems

Evolving Systems is a provider of software and services to network operators. It offers the following solutions: increasing revenues through real-time marketing, growing subscriber loyalty and decreasing churn, accelerating subscriber migration to 4G/LTE, empowering mobile retailers to sell smarter and streamlining SIM distribution and logistics. The Company helps monetize subscriber bases and efficiently deliver new services consequently simplifying operations, reducing costs and improving the customer experience. They are designed with the flexibility and scalability needed to suit operators of any size from start-ups to established tier 1 carriers.

Company Growth (employees)
Type
Public
HQ
Englewood, US
Founded
1985
Size (employees)
242 (est)
Evolving Systems was founded in 1985 and is headquartered in Englewood, US

Evolving Systems Office Locations

Evolving Systems has offices in Englewood, Durham, Bengaluru, Kolkata and in 3 other locations
Englewood, US (HQ)
9777 Pyramid Ct
Surrey, GB
Beaufort House 31 Chertsey St
București, RO
5 Strada General Gheorghe Manu
Kuala Lumpur, MY
60 Jalan Sri Hartamas 1 Sri Hartamas
Kolkata, IN
234 Ajc Bose Rd
Bengaluru, IN
59/2 Outer Ring Road
Durham, US
4220 Nc 55

Evolving Systems Data and Metrics

Evolving Systems Financial Metrics

Evolving Systems's revenue was reported to be $24.8 m in FY, 2016 which is a 3% decrease from the previous period.
USD

Revenue (FY, 2016)

24.8 m

Revenue growth (FY, 2015 - FY, 2016), %

(3%)

Net income (FY, 2016)

3.4 m

EBIT (FY, 2016)

5.6 m

Market capitalization (28-Jun-2017)

63 m

Closing share price (28-Jun-2017)

5.1

Cash (31-Dec-2016)

7.6 m

EV

55.4 m
Evolving Systems's current market capitalization is $63 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

25.1 m29.7 m25.6 m24.8 m

Revenue growth, %

18%(14%)(3%)

Operating expense total

(23 m)(30.5 m)(23.4 m)19.2 m

EBIT

5 m8.4 m4.3 m5.6 m

EBIT margin, %

20%28%17%23%

Interest expense

20 k17 k121 k340 k

Interest income

11 k19 k18 k6 k

Pre tax profit

5.1 m8.4 m4.2 m4.9 m

Income tax expense

1.3 m2.8 m915 k1.5 m

Net Income

3.8 m5.6 m3.3 m3.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

13.8 m9.8 m8.4 m7.6 m

Current Assets

23.9 m25.4 m21.7 m18.4 m

PP&E

342 k659 k560 k546 k

Goodwill

17.9 m17 m23.1 m20.6 m

Total Assets

43.2 m44.2 m50.4 m43.8 m

Total Debt

1.2 m610 k6 k5 k

Current Liabilities

10.3 m9.6 m18.1 m10.4 m

Total Liabilities

10.2 m18.3 m14.4 m14.4 m

Additional Paid-in Capital

93.9 m96 m97.4 m97.7 m

Retained Earnings

(56.9 m)(56.2 m)(58 m)(57.2 m)

Total Equity

32.7 m34.1 m32.2 m29.3 m

Debt to Equity Ratio

0 x0 x0 x0 x

Debt to Assets Ratio

0 x0 x0 x0 x

Financial Leverage

1.3 x1.3 x1.6 x1.5 x
USDFY, 2013FY, 2014FY, 2015

Net Income

3.8 m5.6 m3.3 m

Depreciation and Amortization

366 k341 k580 k

Cash From Operating Activities

8.6 m(400 k)2.2 m

Purchases of PP&E

(270 k)(588 k)(198 k)

Cash From Investing Activities

(629 k)(564 k)(9.2 m)

Cash From Financing Activities

(3.2 m)(3.2 m)5.9 m

Interest Paid

2 k1 k107 k

Income Taxes Paid

69 k182 k2.1 m
USDY, 2016

EV/EBIT

9.9 x

Revenue/Employee

102.4 k

Financial Leverage

1.5 x

Evolving Systems Operating Metrics

Evolving Systems's Subscribers was reported to be 300 m in FY, 2016. Evolving Systems's Customers was reported to be 75 in 2016
FY, 2016Y, 2016FY, 2016

Subscribers

300 m

Customers

75

Patents (US)

16

Evolving Systems Market Value History

Evolving Systems Revenue Breakdown

Evolving Systems Online and Social Media Presence

Evolving Systems Company Life and Culture

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