Inovalon is a technology company which provides cloud-based platforms to the healthcare industry. Leveraging large-scale data interconnectivity capabilities, large proprietary data sets, advanced analytics, data-driven intervention systems, and deep subject matter expertise, the Company enables the assessment and improvement of clinical and quality outcomes and financial performance across the healthcare ecosystem.

Type
Public
HQ
Bowie, US
Founded
1998
Size (employees)
1,908 (est)
Inovalon was founded in 1998 and is headquartered in Bowie, US
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Key People/Management at Inovalon

Keith Dunleavy

Keith Dunleavy

Chief Executive Officer and Chairman of the Board
Robert Wychulis

Robert Wychulis

President
Jason Capitel

Jason Capitel

Chief Revenue Officer
Mike Burgin

Mike Burgin

Chief Product Officer
June Duchesne

June Duchesne

Chief Legal Officer
Christopher Greiner

Christopher Greiner

Chief Financial Officer and Chief Operating Officer
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Inovalon Office Locations

Inovalon has an office in Bowie
Bowie, US (HQ)
4321 Collington Rd
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Inovalon Financials and Metrics

Inovalon Financials

Inovalon's revenue was reported to be $427.59 m in FY, 2016 which is a 2.2% decrease from the previous period.
USD

Revenue (Q3, 2017)

115.9 m

Gross profit (Q3, 2017)

77.4 m

Gross profit margin (Q3, 2017), %

66.8%

Net income (Q3, 2017)

8.2 m

EBIT (Q3, 2017)

13.9 m

Market capitalization (23-Apr-2018)

1.5 b

Cash (30-Sep-2017)

232.6 m
Inovalon's current market capitalization is $1.5 b.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

361.5 m437.3 m427.6 m

Revenue growth, %

21%(2%)

Cost of goods sold

112.8 m146.1 m159.2 m

Gross profit

248.8 m291.1 m268.4 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

117.6 m105.5 m102.7 m123.8 m105 m108.3 m110.6 m115.9 m

Cost of goods sold

33.6 m38.4 m41.9 m43.2 m35.4 m38.3 m37.2 m38.4 m

Gross profit

84 m67.1 m60.7 m80.6 m69.6 m70 m73.4 m77.4 m

Gross profit Margin, %

71%64%59%65%66%65%66%67%
Annual
USDFY, 2015FY, 2016

Cash

114 m127.7 m

Accounts Receivable

81.3 m85.6 m

Current Assets

844 m685.9 m

PP&E

65 m76.4 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

793.1 m194.4 m166.5 m126.9 m159.8 m214.4 m147.9 m192 m232.6 m

Accounts Receivable

65.6 m87 m93.5 m73.2 m94.8 m79.9 m101.6 m95.7 m83.8 m

Current Assets

865 m891.9 m848.6 m850.1 m865.7 m813.8 m660.6 m645.9 m625.3 m

Goodwill

62.3 m62.3 m136.5 m137.7 m137.7 m133.6 m184.6 m185.6 m184.9 m
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

65.4 m66.1 m27.1 m

Depreciation and Amortization

37.3 m

Accounts Payable

(3.5 m)

Cash From Operating Activities

85.5 m67.6 m92.8 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

13.8 m26.1 m10.1 m2.4 m16.3 m7.8 m3.6 m

Depreciation and Amortization

4.9 m4.8 m5.5 m8.4 m8.5 m8.9 m12.5 m

Accounts Payable

(1.7 m)10.3 m18.8 m17.7 m11.7 m13.9 m17.7 m

Cash From Operating Activities

817 k
USDY, 2017

Revenue/Employee

60.7 k

Financial Leverage

1.5 x
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Inovalon Operating Metrics

Inovalon's Enterprise Customers was reported to be 500 in FY, 2016.
FY, 2016

Clinical Facilities in Database

371 k

Enterprise Customers

500

Individuals in Database

150 m

Physicians in Database

848 k
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Inovalon Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
ABILITY Network (416)March 07, 2018$1.20 b
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Inovalon News and Updates

What It's Like to Take a Company Public--From 4 CEOs Who've Done It and Lived to Tell the Tale

Taking a company public invites all sorts of distractions, from demanding analysts to hostile investors. Meet four founders who've made that leap while staying true to their mission.
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