Exa Corporation was founded in 1991 and is headquartered in Burlington, US

Exa Corporation has offices in Burlington, Livonia, Brisbane, Puteaux and in 6 other locations

Burlington, US (HQ)

55 Network Dr

Nishi-ku, JP

YOKOHAMA MITSUI BUILDING

Stuttgart, DE

4 Curiestraße

Puteaux, FR

76 Rue de la Demi Lune

Brisbane, US

31 150 N Hill Dr

Livonia, US

210 38777 Six Mile Rd

Exa Corporation's revenue was reported to be $16.6 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 16.6 m |

## Gross profit (Q1, 2017) | 11.4 m |

## Gross profit margin (Q1, 2017), % | 69% |

## Net income (Q1, 2017) | (2.6 m) |

## EBIT (Q1, 2017) | (2.5 m) |

## Market capitalization (18-Aug-2017) | 200.4 m |

## Cash (30-Apr-2017) | 26.6 m |

Exa Corporation's current market capitalization is $200.4 m.

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|---|

## Revenue | 54.5 m | 61.4 m | 65.4 m | 72.6 m | 72.6 m |

## Revenue growth, % | 13% | 7% | 11% | ||

## Cost of goods sold | 16 m | 18.9 m | 20.1 m | 19.4 m | 19.4 m |

## Gross profit | 38.6 m | 42.5 m | 45.3 m | 53.2 m | 53.2 m |

## Gross profit Margin, % | 71% | 69% | 69% | 73% | 73% |

## Sales and marketing expense | 13.9 m | ||||

## R&D expense | 24.3 m | ||||

## General and administrative expense | 14.6 m | ||||

## Operating expense total | 54.6 m | 63.9 m | 68.2 m | 72.2 m | 72.2 m |

## EBITDA | 470 k | 794 k | 4.5 m | ||

## EBITDA margin, % | 1% | 1% | 6% | ||

## EBIT | (122 k) | (2.4 m) | (2.7 m) | 396 k | 396 k |

## EBIT margin, % | (0%) | (4%) | (4%) | 1% | 1% |

## Interest expense | 694 k | 342 k | 236 k | 140 k | (140 k) |

## Interest income | 15 k | 12 k | 12 k | 44 k | 44 k |

## Pre tax profit | (1.6 m) | (2.4 m) | (3.3 m) | 479 k | |

## Income tax expense | (16.7 m) | (1.5 m) | (1.6 m) | (1.6 m) | |

## Net Income | (709 k) | (19.2 m) | (4.8 m) | (1.1 m) | (1.1 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 14.8 m | 16 m | 14.8 m | 15.5 m | 17 m | 16.8 m | 17.1 m | 19.2 m | 16.6 m |

## Cost of goods sold | 4.6 m | 4.6 m | 4.6 m | 4.8 m | 5.1 m | 4.8 m | 4.6 m | 4.9 m | 5.2 m |

## Gross profit | 10.2 m | 11.4 m | 10.1 m | 10.7 m | 11.8 m | 12 m | 12.5 m | 14.3 m | 11.4 m |

## Gross profit Margin, % | 69% | 71% | 69% | 69% | 70% | 71% | 73% | 74% | 69% |

## Sales and marketing expense | 2.5 m | 2.4 m | 2.5 m | 2.4 m | 2.3 m | 3.3 m | 3.4 m | 3.4 m | 3.4 m |

## R&D expense | 5.4 m | 5.5 m | 6.2 m | 6 m | 6.1 m | 6.2 m | 6 m | 6.2 m | 6.4 m |

## General and administrative expense | 3.2 m | 3.2 m | 3.3 m | 3.1 m | 3.5 m | 3.4 m | 3.5 m | 4 m | 4 m |

## Operating expense total | 11.1 m | 11.1 m | 11.9 m | 11.5 m | 11.9 m | 13 m | 12.9 m | 13.5 m | 13.8 m |

## EBIT | (919 k) | 321 k | (1.8 m) | (818 k) | (89 k) | (1 m) | (392 k) | 711 k | (2.5 m) |

## EBIT margin, % | (6%) | 2% | (12%) | (5%) | (1%) | (6%) | (2%) | 4% | (15%) |

## Interest expense | (94 k) | (88 k) | (65 k) | (54 k) | (60 k) | (47 k) | (39 k) | (30 k) | (16 k) |

## Interest income | 2 k | 3 k | 3 k | 2 k | 3 k | 10 k | 11 k | 12 k | 14 k |

## Pre tax profit | (833 k) | 434 k | (1.9 m) | (1 m) | (89 k) | (823 k) | (439 k) | 591 k | (2.7 m) |

## Income tax expense | (176 k) | (214 k) | (154 k) | (344 k) | (120 k) | (239 k) | (436 k) | ||

## Net Income | (18.2 m) | (18 m) | (1.9 m) | (3.1 m) | (433 k) | (943 k) | (678 k) | 155 k | (2.6 m) |

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|---|

## Cash | 28.8 m | 21.8 m | 27.6 m | 24.6 m | 24.6 m |

## Accounts Receivable | 27.2 m | 27.5 m | 32.1 m | 24.3 m | 24.3 m |

## Inventories | 2.1 m | 3.1 m | 3.7 m | 2.9 m | |

## Current Assets | 60.3 m | 52.3 m | 63.4 m | 51.7 m | 51.7 m |

## PP&E | 7.4 m | 7 m | 12 m | 14 m | 14 m |

## Total Assets | 84.8 m | 63.1 m | 79 m | 69.1 m | 69.1 m |

## Accounts Payable | 1.7 m | 1.6 m | 3.5 m | 4.6 m | 4.6 m |

## Total Debt | 5.1 m | 4 m | 5.4 m | 2.7 m | 1.7 m |

## Current Liabilities | 45 m | 41.5 m | 51.3 m | 45.9 m | 45.9 m |

## Total Liabilities | 49.3 m | 44.2 m | 61.5 m | 49.9 m | 49.9 m |

## Additional Paid-in Capital | 85.2 m | 88.2 m | 91.6 m | 94.5 m | 94.5 m |

## Retained Earnings | (49.7 m) | (68.9 m) | (73.7 m) | (74.8 m) | (74.8 m) |

## Total Equity | 35.5 m | 18.9 m | 17.5 m | 19.2 m | 19.2 m |

## EPS | (0.1) | (1.4) | (0.3) | (0.1) | |

## Debt to Equity Ratio | 0.1 x | 0.2 x | 0.3 x | 0.1 x | 0.1 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0 x | 0 x |

## Financial Leverage | 2.4 x | 3.3 x | 4.5 x | 3.6 x | 3.6 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 32 m | 23.9 m | 39.8 m | 30.4 m | 23.2 m | 39.2 m | 33.2 m | 25 m | 26.6 m |

## Accounts Receivable | 7.9 m | 7 m | 6.5 m | 6.3 m | 11.6 m | 13.7 m | 11.7 m | 16.7 m | 13 m |

## Current Assets | 42.6 m | 33.1 m | 50.8 m | 40.1 m | 37.7 m | 55.3 m | 47.5 m | 44.6 m | 42.8 m |

## PP&E | 8.3 m | 7.6 m | 6.4 m | 6.2 m | 11.2 m | 11.2 m | 10.8 m | 10.9 m | 13.7 m |

## Total Assets | 54.6 m | 44.4 m | 60.4 m | 49.8 m | 52.3 m | 70.1 m | 61.8 m | 58.8 m | 59.7 m |

## Accounts Payable | 1.9 m | 802 k | 1.6 m | 1.7 m | 2.3 m | 2.2 m | 2.2 m | 1.2 m | 3.4 m |

## Current Liabilities | 32.2 m | 21.7 m | 39.9 m | 29.5 m | 28.1 m | 44.4 m | 37.9 m | 35.4 m | 39.1 m |

## Additional Paid-in Capital | 86.5 m | 87.4 m | 89.4 m | 90.4 m | 91.1 m | 92.2 m | 92.9 m | 93.8 m | 95.3 m |

## Retained Earnings | (68 m) | (67.7 m) | (70.8 m) | (72 m) | (72.4 m) | (74.6 m) | (75.3 m) | (75.2 m) | (77.4 m) |

## Total Equity | 18.6 m | 19.5 m | 18.3 m | 18.1 m | 18.3 m | 17.2 m | 17.2 m | 18.1 m | 17.4 m |

## Financial Leverage | 2.9 x | 2.3 x | 3.3 x | 2.8 x | 2.9 x | 4.1 x | 3.6 x | 3.2 x | 3.4 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|---|

## Net Income | (709 k) | (19.2 m) | (4.8 m) | (1.1 m) | (1.1 m) |

## Depreciation and Amortization | 2.2 m | 2.9 m | 3.5 m | 4.1 m | 4.1 m |

## Accounts Receivable | 610 k | (188 k) | (4.6 m) | 7.8 m | 7.8 m |

## Inventories | (199 k) | (609 k) | (887 k) | 805 k | |

## Accounts Payable | (57 k) | (55 k) | 1.4 m | (349 k) | (349 k) |

## Cash From Operating Activities | 8.4 m | (3.1 m) | 10 m | 2.9 m | 2.9 m |

## Purchases of PP&E | (746 k) | (768 k) | (2.3 m) | (4.1 m) | (4.1 m) |

## Cash From Investing Activities | (746 k) | (768 k) | (2.1 m) | (4.1 m) | (4.1 m) |

## Short-term Borrowings | (2.1 m) | (2.8 m) | (3 m) | (2.8 m) | |

## Long-term Borrowings | (7.4 m) | ||||

## Cash From Financing Activities | (9.5 m) | (2 m) | (1.8 m) | (1.9 m) | (1.9 m) |

## Interest Paid | 599 k | 342 k | 236 k | 140 k | 140 k |

## Income Taxes Paid | 821 k | 1.5 m | 1.5 m | 1.7 m | 1.7 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | (18.2 m) | (18 m) | (1.9 m) | (3.1 m) | (433 k) | (943 k) | (678 k) | 155 k | (2.6 m) |

## Depreciation and Amortization | 1.4 m | 2.2 m | 750 k | 1.5 m | |||||

## Accounts Receivable | 19.4 m | 20.4 m | 21.1 m | 21.3 m | 11.6 m | 13.7 m | 11.7 m | 16.7 m | 13 m |

## Accounts Payable | 181 k | (874 k) | 4 k | 112 k | 2.3 m | 2.2 m | 2.2 m | 1.2 m | 3.4 m |

## Cash From Operating Activities | 4.8 m | (2.1 m) | 18.2 m | 9.6 m | |||||

## Purchases of PP&E | (577 k) | (684 k) | (141 k) | (626 k) | |||||

## Cash From Investing Activities | (577 k) | (684 k) | (141 k) | (626 k) | |||||

## Cash From Financing Activities | (942 k) | (1.6 m) | (2 k) | (171 k) | |||||

## Interest Paid | 177 k | 265 k | 65 k | 119 k | |||||

## Income Taxes Paid | 1.1 m | 1.3 m | 958 k | 1 m |

Y, 2017 | |
---|---|

## Financial Leverage | 3.4 x |

Exa Corporation's Enterprise Customers was reported to be 150 in Jan, 2017

- Source: SEC Filings

Source: 78 public H-1B filings from Exa Corporation

October 02, 2016

In the past, cars were built almost by a process of trial and error. You built a prototype, then tested it. Now, much of this work is done by computers.