OverviewSuggest Edit

Korbyt (formerly known as RMG Networks) is a company developing employee engagement software. It offers Korbyt, a digital workplace platform designed to engage audiences across the globe in a targeted and omni-channel way.

TypePrivate
Founded2006
HQAddison, TX, US
Websitekorbyt.com
Employee Ratings5

Latest Updates

Employees (est.) (Sept 2021)121(+6%)
Job Openings5
Revenue (FY, 2017)$37 M(-1%)
Share Price (Dec 2018)$1.3
Cybersecurity ratingBMore

Key People/Management at Korbyt

George Clopp

George Clopp

Chief Technology Officer
Justin Caskey

Justin Caskey

Chief Financial Officer
Ankur Ahlowalia

Ankur Ahlowalia

CEO
Show more

Korbyt Office Locations

Korbyt has offices in Addison and London
Addison, TX, US (HQ)
15301 Dallas Pkwy #500
London, GB
25 Old Broad St
Show all (2)

Korbyt Financials and Metrics

Summary Metrics

Founding Date

2006
Show all financial metrics

Korbyt Revenue

Embed Graph
View revenue for all periods
Korbyt's revenue was reported to be $37.04 m in FY, 2017 which is a 1.5% decrease from the previous period.
USD

Revenue (Q2, 2018)

8.6m

Gross profit (Q2, 2018)

4.6m

Gross profit margin (Q2, 2018), %

54.1%

Net income (Q2, 2018)

(2.1m)

EBIT (Q2, 2018)

(2.2m)

Cash (30-Jun-2018)

1.7m
Annual
GBPFY, 1995FY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

4.8m4.7m5.0m5.0m4.5m4.8m4.1m3.8m3.2m3.0m2.1m2.6m3.2m2.9m5.0m6.0m7.0m8.0m8.6m40.6m37.6m37.0m

Revenue growth, %

(2%)5%1%(10%)7%(15%)(7%)(17%)(5%)(30%)25%(11%)75%19%16%15%7%371%(7%)(1%)

Cost of goods sold

2.6m2.4m2.6m2.4m2.4m2.8m2.2m2.2m1.5m1.6m1.2m1.4m1.9m1.8m2.6m3.2m3.6m4.8m4.7m18.1m15.5m15.9m

Gross profit

2.3m2.4m2.3m2.6m2.1m2.0m1.9m1.6m1.6m1.5m951.1k1.3m1.4m1.1m2.4m2.8m3.4m3.2m3.9m22.5m22.1m21.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

15.6m11.8m15.1m9.3m9.3m10.2k8.7k8.7m9.5m9.0m9.1m8.8m7.5m8.6m

Cost of goods sold

9.3m6.6m8.4m5.0m2.7m4.8k3.6k3.6m3.5m4.0m3.5m3.9m3.4m3.9m

Gross profit

6.3m5.2m6.7m4.4m6.7m5.4k5.0k5.1m6.1m4.9m5.6m4.8m4.1m4.6m

Gross profit Margin, %

40%44%44%47%71%53%58%58%64%55%62%55%54%54%
Annual
GBPFY, 1995FY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

211.5k578.2k850.3k860.8k199.9k180.6k115.2k191.8k382.0k328.3k44.3k91.1k40.5k111.4k224.0k320.3k755.2k8.2m813.7k3.2m5.1m862.0k

Accounts Receivable

1.1m644.9k786.3k662.3k393.3k860.4k358.2k688.4k282.4k276.0k424.2k497.0k768.7k508.8k1.8m1.7m1.8m22.7m3.2m3.4m2.2m3.3m

Inventories

414.2k930.6k739.3k735.6k906.8k824.9k733.0k433.5k503.2k378.8k182.8k114.8k106.0k63.5k88.9k87.8k94.6k4.6m197.1k1.1k830.0k771.0k

Current Assets

2.1m2.4m2.5m2.3m1.7m1.9m1.3m1.5m1.3m1.0m687.0k921.7k962.4k989.8k3.1m3.3m3.9m37.9m5.3m16.0k17.1m14.2m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

492.9k437.1k222.6k76.7k11.3k100.2k28.3m4.8m3.1m5.0m11.1m7.8m5.7k3.3k2.9m1.5m1.4m1.7m

Accounts Receivable

14.1m14.8m16.2m11.6m11.5m1.7m

Prepaid Expenses

62.1k36.4k4.7k33.9k25.1k3.8k

Inventories

3.8m4.3m3.6m2.9m1.8m1.3m1.2k1.2k968.0k602.0k646.0k769.0k944.0k872.0k792.0k
Annual
GBPFY, 1995FY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

669.7k534.0k348.7k520.6k83.6k(122.9k)(432.5k)(52.5k)(38.3k)(113.3k)(629.0k)35.2k(292.6k)233.0k148.8k609.1k1.1m832.4k196.5k(11.7k)(4.8m)(5.2m)

Depreciation and Amortization

5.0m140.3k3.9k3.1m3.1m

Inventories

(1.2m)(488.7k)392.0(127.0k)37.0k

Accounts Payable

4.6m(3.0m)(1.3k)268.0k(747.0k)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(111.2k)(213.2k)(230.9k)353.5k(821.6k)(3.4m)(11.4m)(12.4m)(7.3m)(46.0m)(6.9m)(9.6m)(10.8k)(1.3k)(2.9m)(3.8m)(1.3m)(2.5m)(4.4m)(2.9m)(5.0m)

Depreciation and Amortization

3.0m1.9m1.3m5.4m983.2k2.2m3.0k818.01.6m2.4m773.0k1.6m2.3m753.0k1.5m

Inventories

(295.3k)328.8k(74.9k)1.7m(314.9k)155.2k249.0(191.0)57.0k416.0k171.0k52.0k(137.0k)(92.0k)(66.0k)

Accounts Payable

(159.3k)(3.4m)1.7m(3.2m)(1.2m)(2.3m)(2.4k)(945.0)(793.0k)(913.0k)(1.3m)(1.4m)(1.6m)(644.0k)(439.0k)
USDFY, 1995

Financial Leverage

2.4 x
Show all financial metrics

Korbyt Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Korbyt Online and Social Media Presence

Embed Graph

Korbyt News and Updates

Virgo Capital and Sachs Capital Group Acquire RMG Networks

DALLAS, Oct. 04, 2018 (GLOBE NEWSWIRE) -- RMG Networks (“RMG”), global leader in technology-driven visual communications, announced today it has been converted to a privately held entity in a transaction led by Virgo Capital with participation from existing investor Gregory H. Sachs. The transacti…

Korbyt Blogs

Build a Business Case Playbook

The Korbyt Anywhere platform enables your organization to reach employees anywhere, through a consistent, engaging experience tailored just for them. This playbook on How to Build a Business Case will help you get approval and funding for your Korbyt Anywhere investment. Build consensus and momentum…

Korbyt Anywhere Digital Signage Publishing

Say hello to the ultimate creativecontrol for your screen content and data. Korbyt Anywhere provides a robust suite of flexible tools to imagine, craft and publish compelling content across your workplace. Easily design new static or interactive layouts with your choice of images, video and text. Or…

Korbyt Anywhere Digital Signage Data Visualization

Your data has a story it’s waiting to tell. From calls in the queue to real time sales results, visualize data that elevates team productivity and drives results. Over 100 data adapters are available to connect to varied data sources, delivering the key information that your team needs to see in a c…

Korbyt Anywhere Digital Signage Player Hardware

MEET THE ULTIMATE TEAM PLAYER Korbyt Anywhere works with the digital signage player that fits your needs and budget. And we guarantee the support you need for maximum performance. The post Korbyt Anywhere Digital Signage Player Hardware appeared first on Korbyt Anywhere.

Korbyt Anywhere Digital Signage Media Management

Take control of all media. Manage your media assets without restriction by screen, player, playlist and more. The platform includes 500GB of storage space, which you can organize with media management tools. The post Korbyt Anywhere Digital Signage Media Management appeared first on Korbyt Anywhere.

Korbyt Anywhere Digital Signage Overview

Seeing is believing. Get your message to any screen, of any size, anywhere. That’s the promise of the Korbyt Anywhere publishing platform, with its ability to make personalized content easy to create and quick to distribute. Engage your workforce, inform visitors, and drive performance. The post Kor…
Show more

Korbyt Frequently Asked Questions

  • When was Korbyt founded?

    Korbyt was founded in 2006.

  • Who are Korbyt key executives?

    Korbyt's key executives are George Clopp, Justin Caskey and Ankur Ahlowalia.

  • How many employees does Korbyt have?

    Korbyt has 121 employees.

  • What is Korbyt revenue?

    Latest Korbyt annual revenue is $37 m.

  • What is Korbyt revenue per employee?

    Latest Korbyt revenue per employee is $306.1 k.

  • Who are Korbyt competitors?

    Competitors of Korbyt include STRATACACHE, Scala and Outform.

  • Where is Korbyt headquarters?

    Korbyt headquarters is located at 15301 Dallas Pkwy #500, Addison.

  • Where are Korbyt offices?

    Korbyt has offices in Addison and London.

  • How many offices does Korbyt have?

    Korbyt has 2 offices.