OverviewSuggest Edit

Exela Technologies is a company that provides business process automation solutions. Its software and services include multi-industry department solution suites addressing finance and accounting, human capital, and legal management, as well as industry-specific solutions for banking, healthcare, insurance, and public sectors.

TypePublic
Founded2017
HQIrving, TX, US
Websiteexelatech.com
Employee Ratings2.7

Latest Updates

Employees (est.) (Dec 2018)21,000
Job Openings678
Revenue (FY, 2020)$1.3 B(-17%)
Share Price (Sept 2021)$2.3(-7%)
Cybersecurity ratingCMore

Key People/Management at Exela Technologies

Par Chadha

Par Chadha

Director
Ron Cogburn

Ron Cogburn

Chief Executive Officer, Director
Martin Akins

Martin Akins

Director
Suresh Yannamani

Suresh Yannamani

President
J. Coley Clark

J. Coley Clark

Director
Mark Fairchild

Mark Fairchild

President, Exela Smart Office
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Exela Technologies Office Locations

Exela Technologies has offices in Irving, Santa Monica, Amsterdam and London
Irving, TX, US (HQ)
2701 E Grauwyler Rd
Santa Monica, CA, US
1712 Berkeley St
Amsterdam, NL
Herengracht 576
London, GB
32 London Bridge St
Show all (4)

Exela Technologies Financials and Metrics

Exela Technologies Revenue

Exela Technologies's revenue was reported to be $1.29 b in FY, 2020
USD

Revenue (Q1, 2021)

300.1m

Gross profit (Q1, 2021)

67.5m

Gross profit margin (Q1, 2021), %

22.5%

Net income (Q1, 2021)

(39.2m)

EBIT (Q1, 2021)

4.3m

Market capitalization (8-Sept-2021)

358.7m

Closing stock price (8-Sept-2021)

2.3

Cash (31-Mar-2021)

22.1m

EV

1.9b
Exela Technologies's current market capitalization is $358.7 m.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.2b1.6b1.6b1.3b

Cost of goods sold

829.1m1.2b1.2b1.0b

Gross profit

323.2m376.3m337.6m269.0m

Gross profit Margin, %

28%24%22%21%
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

350.0m338.4m393.2m410.4m383.0m403.8m390.2m372.9m365.5m307.7m305.3m300.1m

Cost of goods sold

255.1m293.8m314.0m295.9m306.9m298.0m291.2m292.5m241.8m234.2m232.6m

Gross profit

83.3m99.4m96.4m87.1m96.9m92.2m81.7m72.9m65.9m71.1m67.5m

Gross profit Margin, %

25%25%23%23%24%24%22%20%21%23%22%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

1.3k881.9k120.4k39.0m25.6m6.2m

Accounts Receivable

229.7m270.8m261.4m

Prepaid Expenses

24.6m25.0m23.7m

Inventories

11.9m16.2m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

1.1m1.3m1.1m723.3k487.5k339.1k296.3k419.5k27.4m26.9m55.8m40.7m8.3m18.4m10.3m113.0m86.5m37.2m22.1m

Accounts Receivable

227.7m238.7m262.3m254.0m278.1m266.7m260.4m242.8m219.4m214.9m216.1m

Prepaid Expenses

24.3m27.5m24.1m26.9m25.3m23.8m22.7m30.3m33.7m33.4m33.4m

Inventories

13.6m13.5m15.1m16.1m16.3m16.7m17.0m17.4m17.3m17.4m14.8m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(371.9k)57.0k(204.3m)(162.5m)(509.1m)(178.5m)

Depreciation and Amortization

98.9m145.5m100.9m94.0m

Accounts Payable

67.4k39.9k53.0m5.2m(19.6m)12.0m

Cash From Operating Activities

(507.5k)(1.0m)42.4m30.5m(63.9m)(29.8m)
USDFY, 2014

Financial Leverage

-7.5 x
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Exela Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Exela Technologies Online and Social Media Presence

Embed Graph

Exela Technologies News and Updates

Exela Technologies Announces Completion of $150 million At-the-Market Offering

IRVING, Texas, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the“Company”) (NASDAQ:XELA), a global business process automation (“BPA”) leader across numerous industries, today announced that the Company completed its $150 million at-the market equity program (ATM) announc…

Thinking about buying stock in Support.com, Neurometrix, Exela Technologies, Takung Art, or Acasti Pharma?

NEW YORK, Aug. 27, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SPRT, NURO, XELA, TKAT, and ACST. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Exela Technologies Named “Hot Vendor” by Aragon Research Inc.

Vendors selected for the “Hot Vendor” report are noteworthy, visionary, and innovative Vendors selected for the “Hot Vendor” report are noteworthy, visionary, and innovative

Exela Technologies Expands Relationship with a Large Healthcare Member Engagement Leader

IRVING, Texas, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA), today announced an expanded strategic partnership to utilize Exela’s technology and operation solutions with a large healthcare member engagement leader. The expansion will provide …

Exela Technologies, Inc. Reports Preliminary Second Quarter 2021 Results

Revenue of $293.0 million, net loss of $19.4 million, and Adjusted EBITDA of $50.9 millionReiterates 2021 financial guidance $158 million liquidity ahead of planAchieves over $140 million reduction in net debt year-to-dateSMB business showing robust growth globallyConference call scheduled for Augu…

Thinking about buying stock in Exela Technologies, Alterity Therapeutics, Farmmi, Micron Technology, or Under Armour?

NEW YORK, Aug. 4, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for XELA, ATHE, FAMI, MU, and UAA. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
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Exela Technologies Frequently Asked Questions

  • When was Exela Technologies founded?

    Exela Technologies was founded in 2017.

  • Who are Exela Technologies key executives?

    Exela Technologies's key executives are Par Chadha, Ron Cogburn and Martin Akins.

  • How many employees does Exela Technologies have?

    Exela Technologies has 21,000 employees.

  • What is Exela Technologies revenue?

    Latest Exela Technologies annual revenue is $1.3 b.

  • What is Exela Technologies revenue per employee?

    Latest Exela Technologies revenue per employee is $61.6 k.

  • Who are Exela Technologies competitors?

    Competitors of Exela Technologies include Mienvio, HashMicro and Aspel.

  • Where is Exela Technologies headquarters?

    Exela Technologies headquarters is located at 2701 E Grauwyler Rd, Irving.

  • Where are Exela Technologies offices?

    Exela Technologies has offices in Irving, Santa Monica, Amsterdam and London.

  • How many offices does Exela Technologies have?

    Exela Technologies has 4 offices.