$5 M

Ironclad Revenue Q1, 2017
Ironclad Gross profit (Q1, 2017)1.8 M
Ironclad Gross profit margin (Q1, 2017), %36.1%
Ironclad Net income (Q1, 2017)-767.2 K
Ironclad EBIT (Q1, 2017)-322.8 K
Ironclad Cash, 31-Mar-2017290.3 K

Ironclad Revenue

Ironclad revenue was $24.99 m in FY, 2016 which is a 6% year over year increase from the previous period.

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Ironclad Funding

Summary Metrics

Founding Date

1997

Ironclad total Funding

$8.1 m

Ironclad latest funding size

$8 m

Time since last funding

2 years ago

Ironclad investors

Ironclad's latest funding round in August 2017 was reported to be $8 m. In total, Ironclad has raised $8.1 m

Ironclad Capital Raised

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Ironclad Income Statement

Annual

USDFY, 2013FY, 2015FY, 2016

Revenue

24.5m23.6m25.0m

Revenue growth, %

6%

Cost of goods sold

16.4m15.3m16.1m

Gross profit

8.1m8.3m8.9m

Gross profit Margin, %

33%35%36%

Sales and marketing expense

3.1m3.1m3.7m

R&D expense

775.7k670.6k636.7k

General and administrative expense

2.6m3.3m3.7m

Operating expense total

7.9m8.4m9.9m

Depreciation and amortization

166.9k134.6k178.7k

EBIT

243.5k(145.8k)(962.0k)

EBIT margin, %

1%(1%)(4%)

Interest expense

74.1k91.4k174.9k

Interest income

106.028.073.0

Pre tax profit

(1.1m)

Income tax expense

(1.8m)

Net Income

560.7k(231.3k)(3.0m)

Quarterly

USDQ1, 2014Q2, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

5.1m4.8m5.2m5.4m5.0m5.4m6.5m5.0m

Cost of goods sold

3.6m3.2m3.4m3.5m3.2m3.4m4.2m3.2m

Gross profit

1.5m1.7m1.8m1.9m1.8m1.9m2.3m1.8m

Gross profit Margin, %

29%34%34%35%36%36%35%36%

Sales and marketing expense

703.2k659.3k733.4k807.2k722.2k858.2k988.1k722.2k

R&D expense

120.6k132.3k158.1k166.4k162.8k163.4k158.7k162.8k

General and administrative expense

772.1k763.0k761.4k804.1k892.1k1.1m911.3k892.1k

Operating expense total

2.0m1.9m1.9m2.1m2.1m2.5m2.6m1.8m

Depreciation and amortization

29.8k28.7k31.8k33.0k40.3k43.6k44.7k

EBIT

(484.4k)(281.9k)(149.7k)(175.1k)(322.8k)(561.3k)(310.7k)(322.8k)

EBIT margin, %

(10%)(6%)(3%)(3%)(6%)(10%)(5%)(6%)

Interest expense

6.9k20.2k30.7k36.2k47.5k46.0k36.2k

Interest income

7.07.07.07.025.025.0

Pre tax profit

(491.3k)(358.9k)

Income tax expense

(670.0)

Net Income

(491.3k)(281.7k)(169.9k)(205.8k)(358.3k)(608.8k)(2.2m)(767.2k)

Ironclad Balance Sheet

Annual

USDFY, 2013FY, 2015FY, 2016

Cash

313.8k277.0k299.9k

Current Assets

13.2m17.0m17.7m

PP&E

191.3k337.9k

Total Assets

14.4m18.9m18.8m

Accounts Payable

10.2k21.3k4.7m

Current Liabilities

4.3m6.6m8.9m

Long-term debt

2.2m3.2m4.2m

Total Debt

2.2m3.2m4.2m

Total Liabilities

4.3m

Additional Paid-in Capital

19.2m20.8m21.3m

Retained Earnings

(9.2m)(8.5m)(11.5m)

Total Equity

12.3m9.9m

Debt to Equity Ratio

0.4 x

Debt to Assets Ratio

0.2 x

Financial Leverage

1.5 x1.9 x

Ironclad Cash Flow

Annual

USDFY, 2013FY, 2015FY, 2016

Net Income

560.7k(231.3k)(3.0m)

Depreciation and Amortization

166.9k134.6k178.7k

Accounts Receivable

(358.5k)(2.6m)889.3k

Inventories

709.0k441.9k(1.7m)

Accounts Payable

(2.8m)769.1k1.3m

Cash From Investing Activities

(108.4k)(172.7k)(371.8k)

Income Taxes Paid

(146.0k)

Ironclad Ratios

USDY, 2017

Financial Leverage

1.7 x

Ironclad Employee Rating

2.64 votes
Culture & Values
4.3
Work/Life Balance
2.9
Senior Management
2.1
Salary & Benefits
4.6
Career Opportunities
2.5
Source