We work with large and small banks and credit unions to design, underwrite, originate, and manage their student loan programs. Our Monogram® platform offers lenders a branded, outsourced end-to-end private student loan solution. Our custom, data-driven risk modeling goes beyond FICO to more effectively evaluate borrower risk and optimize repayment contact strategies, allowing lenders to develop relationships with borrowers they might otherwise miss among the desirable student demographic.

Type
Private
HQ
Medford, US
Founded
1991
Size (employees)
217 (est)
First Marblehead was founded in 1991 and is headquartered in Medford, US
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First Marblehead Office Locations

First Marblehead has offices in Medford and Warwick
Medford, US (HQ)
200 1 Cabot Rd
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First Marblehead Financials and Metrics

Summary Metrics

Founding Date

1991
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First Marblehead Financials

First Marblehead's revenue was reported to be $46.17 m in FY, 2015 which is a 4.6% increase from the previous period.
USD

Revenue (Q3, 2016)

14.7 m

Net income (Q3, 2016)

(5.3 m)

Cash (31-Mar-2016)

36.5 m
Annual
USDFY, 2014FY, 2015

Revenue

44.2 m46.2 m

Revenue growth, %

5%

EBIT

202 k

EBIT margin, %

0%
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

13.9 m12.2 m14.8 m14.1 m11.1 m13.2 m16.5 m12.9 m14.7 m

Sales and marketing expense

10.4 m8.5 m9.5 m9.9 m8.4 m9.6 m8.2 m7.6 m8.7 m

General and administrative expense

14.7 m11.4 m11.1 m14.5 m15.7 m11.1 m14.2 m10.2 m11.1 m

Operating expense total

25.1 m19.9 m20.6 m24.5 m24.1 m20.7 m22.4 m17.8 m19.8 m
Annual
USDFY, 2014FY, 2015

Cash

34 m47 m

PP&E

5.8 m5.3 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

67.7 m49.8 m104.7 m39.1 m46.6 m40.7 m36.2 m37.1 m36.5 m

PP&E

6.2 m6.2 m5.9 m5.5 m5.3 m5.4 m4.9 m4.9 m4.7 m

Goodwill

20.1 m20.1 m20.1 m20.1 m20.1 m20.1 m20.1 m20.1 m20.1 m

Total Assets

491.5 m536.5 m437.3 m437.5 m443.8 m342.8 m266 m315.4 m191.6 m
Annual
USDFY, 2014FY, 2015

Net Income

(37.6 m)(47.8 m)

Depreciation and Amortization

5.3 m5.3 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

(11.6 m)(19.2 m)(24.3 m)(13.4 m)(26.1 m)(34.7 m)(6.1 m)(11 m)(16.3 m)

Depreciation and Amortization

1.3 m2.6 m4 m1.3 m2.6 m3.9 m1.4 m2.8 m4.2 m

Cash From Operating Activities

(14.8 m)(25.4 m)(30.5 m)(6.8 m)(15 m)(21.1 m)(10.2 m)(12.2 m)(16.7 m)

Purchases of PP&E

(671 k)(1.4 m)(1.9 m)(341 k)(941 k)(1.8 m)(445 k)(1.3 m)(1.9 m)
USDY, 2016

Revenue/Employee

54 k

Financial Leverage

2.2 x
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