$224 M

Kinetic IT Revenue FY, 2020
Kinetic IT Revenue growth (FY, 2019 - FY, 2020), %10%
Kinetic IT Gross profit (FY, 2020)191.3 M
Kinetic IT Gross profit margin (FY, 2020), %85.4%
Kinetic IT Net income (FY, 2020)12.4 M
Kinetic IT Cash, 30-Jun-202041.7 M
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Kinetic IT Revenue

Kinetic IT revenue was $223.97 m in FY, 2020 which is a 10.2% year over year increase from the previous period.

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Kinetic IT Funding

Summary Metrics

Founding Date

1995

Kinetic IT Revenue Breakdown

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Kinetic IT revenue breakdown by business segment: 97.8% from Services and 2.2% from Other

Kinetic IT Income Statement

Annual

AUDFY, 2018FY, 2019FY, 2020

Revenue

197.5m203.2m224.0m

Revenue growth, %

3%10%

Cost of goods sold

128.9m133.5m32.7m

Gross profit

68.6m69.8m191.3m

Gross profit Margin, %

35%34%85%

Sales and marketing expense

160.9k423.6k543.1k

General and administrative expense

33.7m36.2m157.3m

Operating expense total

44.2m46.9m172.7m

Depreciation and amortization

7.0m6.9m12.8m

Interest expense

649.0820.6k

Interest income

337.1k207.0k67.3k

Pre tax profit

25.1m23.1m17.9m

Income tax expense

7.6m7.1m5.4m

Net Income

17.5m16.0m12.4m

Kinetic IT Balance Sheet

Annual

AUDFY, 2018FY, 2019FY, 2020

Cash

34.7m34.0m41.7m

Accounts Receivable

26.4m22.0m22.3m

Current Assets

71.0m62.9m70.4m

PP&E

7.1m6.0m4.1m

Total Assets

89.7m84.5m105.8m

Accounts Payable

4.6m3.7m3.3m

Short-term debt

3.9m

Current Liabilities

34.5m36.4m43.9m

Long-term debt

11.0m

Non-Current Liabilities

4.7m6.0m16.2m

Total Debt

14.9m

Total Liabilities

39.2m42.4m60.1m

Common Stock

30.0k30.0k30.0k

Retained Earnings

50.5m42.1m45.6m

Total Equity

50.5m42.1m45.7m

Debt to Equity Ratio

0.3 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.8 x2 x2.3 x

Kinetic IT Cash Flow

Annual

AUDFY, 2018FY, 2019FY, 2020

Accounts Receivable

215.2m230.8m249.3m

Accounts Payable

(180.8m)(191.2m)(213.6m)

Cash From Operating Activities

25.4m31.9m28.3m

Purchases of PP&E

(3.5m)(3.0m)(1.1m)

Cash From Investing Activities

(2.2m)(9.1m)(7.6m)

Long-term Borrowings

(960.0k)960.0k(4.0m)

Dividends Paid

(12.3m)(24.4m)(8.9m)

Cash From Financing Activities

(13.2m)(23.5m)(12.9m)

Net Change in Cash

10.0m(672.1k)7.7m

Interest Paid

649.0804.5k

Income Taxes Paid

9.0m7.7m6.8m

Kinetic IT Ratios

AUDFY, 2018

Financial Leverage

1.8 x

Kinetic IT Operating Metrics

Nov, 2020

Devices Managed

176.78 k

Client Contacts per Month

101.59 k

End Users

404.46 k

Client Locations

2.5 k

Services Provided

4

Partners

10

Kinetic IT Employee Rating

3.9166 votes
Culture & Values
4
Work/Life Balance
4.1
Senior Management
3.5
Salary & Benefits
2.9
Career Opportunities
3.5
Source