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 | |
Founded | 1998 | |
HQ | Bowie, MD, US | Map |
Website | inovalon.com | |
Employee Ratings | ||
Overall Culture | B+ | More |
USD | |
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Revenue (FY, 2020) | 667.5m |
Gross profit (FY, 2020) | 499.7m |
Gross profit margin (FY, 2020), % | 74.9% |
Net income (FY, 2020) | 22.6m |
EBIT (FY, 2020) | 71.7m |
Market capitalization (12-Nov-2021) | 3.1b |
Closing stock price (12-Nov-2021) | 40.8 |
Cash (31-Dec-2020) | 123.9m |
EV | 4.0b |
USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
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Revenue | 117.6m | 105.5m | 102.7m | 123.8m | 105.0m | 108.3m | 110.6m | 115.9m | 92.8m | 152.8m | 145.8m | 145.5m | 157.0m | 166.5m | 154.2m | 162.2m | 161.4m | |
Cost of goods sold | 33.6m | 38.4m | 41.9m | 43.2m | 35.4m | 38.3m | 37.2m | 38.4m | 33.5m | 39.0m | 36.4m | 37.2m | 41.1m | 42.9m | 41.0m | 36.8m | 39.6m | |
Gross profit | 84.0m | 67.1m | 60.7m | 80.6m | 69.6m | 70.0m | 73.4m | 77.4m | 59.3m | 113.8m | 109.4m | 108.3m | 115.9m | 123.5m | 113.1m | 125.5m | 121.8m | |
Gross profit Margin, % | 71% | 64% | 59% | 65% | 66% | 65% | 66% | 67% | 64% | 74% | 75% | 74% | 74% | 74% | 73% | 77% | 75% |
USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 793.1m | 194.4m | 166.5m | 126.9m | 159.8m | 214.4m | 147.9m | 192.0m | 232.6m | 410.0m | 68.0m | 103.5m | 119.9m | 129.9m | 133.6m | 182.9m | 95.6m | 120.1m |
Accounts Receivable | 65.6m | 87.0m | 93.5m | 73.2m | 94.8m | 79.9m | 101.6m | 95.7m | 83.8m | 78.4m | 114.1m | 110.0m | 117.4m | 115.4m | 127.4m | 129.1m | 132.3m | 130.6m |
Prepaid Expenses | 5.7m | 7.5m | 16.7m | 21.2m | 17.1m | 8.8m | 13.0m | 10.9m | 11.7m | 14.2m | 18.0m | 21.4m | 20.4m | 21.3m | 20.6m | 24.6m | 23.0m | 23.2m |
Current Assets | 865.0m | 891.9m | 848.6m | 850.1m | 865.7m | 813.8m | 660.6m | 645.9m | 625.3m | 554.7m | 228.7m | 257.3m | 267.1m | 272.3m | 287.0m | 344.6m | 257.9m | 287.8m |
USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 13.8m | 39.9m | 50.0m | 2.4m | 18.6m | 26.4m | 3.6m | 9.1m | 17.4m | (16.8m) | (27.3m) | (28.1m) | (8.3m) | (3.8m) | 3.1m | (1.7m) | 342.0k | 1.2m |
Depreciation and Amortization | 4.9m | 9.7m | 15.3m | 8.4m | 16.9m | 25.8m | 12.5m | 25.0m | 38.5m | 16.4m | 43.3m | 69.9m | 27.0m | 54.5m | 81.4m | 27.9m | 58.6m | 86.7m |
Accounts Payable | (1.7m) | (139.0k) | 4.9m | (2.2m) | (7.7m) | (5.9m) | 69.0k | 5.7m | 5.7m | (1.7m) | (10.7m) | (5.4m) | 182.0k | 2.4m | 1.5m | (2.8m) | 3.6m | 4.3m |
Cash From Operating Activities | 817.0k | 19.7m | 44.2m | 14.3m | 32.4m | 68.6m | 2.3m | 41.1m | 80.9m | 6.9m | 20.1m | 63.0m | 14.8m | 39.9m | 72.3m | 14.1m | 63.1m | 109.1m |
Company Name | Date | Deal Size |
---|---|---|
ABILITY Network | March 07, 2018 | $1.2 b |
Amphenol FCI Besancon SA |
Inovalon has 1.5k Twitter Followers. The number of followers has increased 0.4% month over month and increased 0.5% quarter over quarter
3.5k
Tweets
648
Following
1.5k
Followers
19
Tweets last 30 days
0.1
Avg. likes per Tweet
26.3%
Tweets with engagement
B+
76/100
B
73/100
C+
66/100
C+
68/100
When was Inovalon founded?
Inovalon was founded in 1998.
Who are Inovalon key executives?
Inovalon's key executives are Keith R. Dunleavy, Robert A. Wychulis and Eron S. Kelly.
How many employees does Inovalon have?
Inovalon has 2,371 employees.
What is Inovalon revenue?
Latest Inovalon annual revenue is $667.5 m.
What is Inovalon revenue per employee?
Latest Inovalon revenue per employee is $281.5 k.
Who are Inovalon competitors?
Competitors of Inovalon include Springbuk, Trellis Rx and Orion Health.
Where is Inovalon headquarters?
Inovalon headquarters is located at 4321 Collington Rd, Bowie.
Where are Inovalon offices?
Inovalon has offices in Bowie, Boston, Canonsburg, Minneapolis and in 4 other locations.
How many offices does Inovalon have?
Inovalon has 8 offices.
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