Institutional Financial Markets, Inc. is a leading investment firm specializing in credit related fixed income products and investments. Institutional Financial Markets, Inc. was founded in 1999 as an investment firm focused on small-cap banking institutions, but has grown over the past ten years into a more diversified fixed income specialist. They are organized into two divisions: Asset Management and Capital Markets.
Type
Public
HQ
Philadelphia, US
Founded
1999
Size (employees)
111 (est)
Website
ifmi.com
Institutional Financial Markets was founded in 1999 and is headquartered in Philadelphia, US
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Key People/Management at Institutional Financial Markets

Lester Brafman

Lester Brafman

CEO
Daniel Cohen

Daniel Cohen

Vice Chairman, President and Chief Executive of European Operations
Joseph Pooler

Joseph Pooler

Jr., Chief Financial Officer
Douglas Listman

Douglas Listman

Chief Accounting Officer and Assistant Treasurer Asset Management
Paul Vernhes

Paul Vernhes

Cohen & Company Financial Limited Capital Markets & Investment Banking
Rachael Fink

Rachael Fink

General Counsel Management

Institutional Financial Markets Office Locations

Institutional Financial Markets has offices in Philadelphia, New York, Boca Raton, Paris and in 1 other location
Show all (5)
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Institutional Financial Markets Financials and Metrics

Institutional Financial Markets Financials

Institutional Financial Markets's revenue was reported to be $47.54 m in FY, 2017
USD

Revenue (Q1, 2018)

9.3 m

Net income (Q1, 2018)

(2.2 m)

EBIT (Q1, 2018)

(360 k)

Market capitalization (22-Jun-2018)

18.9 m

Cash (31-Mar-2018)

11.8 m
Institutional Financial Markets's current market capitalization is $18.9 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

57.5 m55.8 m46.2 m55.3 m47.5 m

Revenue growth, %

(3%)(17%)20%

Sales and marketing expense

47.2 m29.8 m28 m31.1 m22.5 m

Operating expense total

47.2 m29.8 m28 m31.1 m40.1 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Revenue

14.2 m10.6 m12.8 m11.1 m12.9 m13.7 m14.4 m14.1 m14.5 m9.3 m

Sales and marketing expense

7.6 m6.6 m7.6 m6.2 m7 m8.5 m8.4 m7.5 m7.2 m5.2 m

Operating expense total

7.6 m6.6 m7.6 m6.2 m7 m8.5 m8.4 m7.5 m7.2 m9.7 m

Depreciation and amortization

61 k
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

13.2 m12.3 m14.1 m15.2 m22.9 m

Accounts Receivable

4.5 m5.2 m

Inventories

729 k

Goodwill

11.1 m8 m8 m8 m8 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Cash

12.9 m7.2 m5.1 m12.9 m13.4 m5.6 m7.7 m10.1 m11.2 m11.8 m

Accounts Receivable

5.3 m4.8 m7.5 m6.3 m6.3 m3.5 m3.5 m2.5 m3.8 m

Goodwill

8 m8 m8 m8 m8 m8 m8 m8 m8 m8 m

Total Assets

214.7 m276.9 m317.6 m410.7 m386.3 m398.5 m584.6 m521.4 m572.9 m2.4 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(5.7 m)3.4 m2.4 m

Depreciation and Amortization

1.4 m1.1 m733 k291 k249 k

Accounts Payable

7.2 m8 m

Cash From Operating Activities

(8.2 m)4.1 m(4.2 m)(8.7 m)(11.9 m)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

264 k1.5 m3 m971 k(2.2 m)

Depreciation and Amortization

598 k849 k234 k461 k611 k82 k154 k220 k66 k61 k

Cash From Operating Activities

1.2 m(800 k)(9.4 m)(7 m)(8 m)(7.1 m)(8.4 m)(7.9 m)(19.9 m)4.7 m

Cash From Investing Activities

2.7 m(382 k)2.9 m8.5 m10.5 m1.2 m5 m7.5 m606 k(15.7 m)
USDY, 2018

Financial Leverage

52.8 x
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