Limeade has raised $33 m in total funding. Limeade annual revenue was $47.44 m in FY 2019

Limeade Gross profit (H1, 2020)21.2 M

Limeade Gross profit margin (H1, 2020), %75.7%

Limeade Net income (H1, 2020)-1.3 M

Limeade EBIT (H1, 2020)-1.4 M

Limeade Cash, 30-Jun-202028.4 M

Limeade revenue was $47.44 m in FY, 2019 which is a 18.3% year over year increase from the previous period.

## Founding Date | 2006 |

## Limeade total Funding | $33 m |

## Limeade latest funding size | $25 m |

## Time since last funding | 7 years ago |

## Limeade investors | Alliance of Angels, TVC Capital, Oak HC |

Limeade's latest funding round in October 2014 was reported to be $25 m. In total, Limeade has raised $33 m

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Revenue | 34.9m | 40.1m | 47.4m |

| 15% | 18% | |

## Cost of goods sold | 10.2m | 11.2m | 11.7m |

## Gross profit | 24.7m | 28.9m | 35.8m |

| 71% | 72% | 75% |

## Sales and marketing expense | 11.2m | 11.6m | 15.8m |

## R&D expense | 10.5m | 13.9m | 15.0m |

## General and administrative expense | 5.4m | 6.6m | 7.1m |

## Operating expense total | 27.1m | 32.1m | 37.9m |

## EBIT | (2.4m) | (3.2m) | (2.2m) |

| (7%) | (8%) | (5%) |

## Pre tax profit | (2.5m) | (3.2m) | (2.1m) |

## Income tax expense | 52.0k | ||

## Net Income | (2.5m) | (3.2m) | (2.2m) |

## EPS | (0.4) |

USD | H1, 2018 | H1, 2019 | H1, 2020 |
---|---|---|---|

## Revenue | 19.1m | 22.6m | 28.0m |

## Cost of goods sold | 5.8m | 5.8m | 6.8m |

## Gross profit | 13.3m | 16.8m | 21.2m |

| 70% | 74% | 76% |

## Sales and marketing expense | 5.5m | 7.6m | 9.6m |

## R&D expense | 7.0m | 7.5m | 8.7m |

## General and administrative expense | 3.1m | 3.2m | 4.3m |

## Operating expense total | 15.6m | 18.3m | 22.7m |

## EBIT | (2.3m) | (1.5m) | (1.4m) |

| (12%) | (7%) | (5%) |

## Pre tax profit | (2.3m) | (1.5m) | (1.3m) |

## Net Income | (2.3m) | (1.5m) | (1.3m) |

## EPS | 0.0 |

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Cash | 3.9m | 3.7m | 32.0m |

## Accounts Receivable | 8.8m | 8.9m | 7.3m |

## Prepaid Expenses | 3.0m | 2.9m | 4.3m |

## Current Assets | 15.7m | 15.5m | 43.6m |

## PP&E | 1.4m | 957.0k | 855.0k |

## Goodwill | 1.2m | 1.2m | |

## Total Assets | 18.1m | 21.5m | 55.1m |

## Accounts Payable | 4.5m | 5.3m | 3.7m |

## Short-term debt | 474.0k | 2.6m | 3.4m |

## Current Liabilities | 16.7m | 22.5m | 25.6m |

## Long-term debt | 145.0k | 4.0k | 2.6m |

## Non-Current Liabilities | 179.0k | 575.0k | 2.6m |

## Total Debt | 619.0k | 2.6m | 6.0m |

## Total Liabilities | 16.9m | 23.1m | 28.2m |

## Common Stock | 419.0k | 492.0k | |

## Preferred Stock | 33.4m | 33.5m | |

## Additional Paid-in Capital | 1.3m | 1.6m | 66.4m |

## Retained Earnings | (34.0m) | (37.2m) | (39.5m) |

## Total Equity | 1.2m | (1.6m) | 26.9m |

## Debt to Equity Ratio | 0.5 x | -1.6 x | 0.2 x |

## Debt to Assets Ratio | 0 x | 0.1 x | 0.1 x |

## Financial Leverage | 14.9 x | -13.2 x | 2 x |

USD | H1, 2019 | H1, 2020 |
---|---|---|

## Cash | 2.3m | 28.4m |

## Accounts Receivable | 6.8m | 6.0m |

## Prepaid Expenses | 4.0m | 4.5m |

## Current Assets | 13.1m | 38.9m |

## PP&E | 995.0k | 753.0k |

## Goodwill | 1.2m | 1.2m |

## Total Assets | 24.6m | 50.7m |

## Accounts Payable | 3.0m | 2.1m |

## Short-term debt | 4.0m | 1.4m |

## Current Liabilities | 24.2m | 22.6m |

## Long-term debt | 3.2m | 2.1m |

## Non-Current Liabilities | 3.2m | 2.1m |

## Total Debt | 7.2m | 3.5m |

## Total Liabilities | 27.5m | 24.7m |

## Common Stock | 653.0k | |

## Preferred Stock | 33.5m | |

## Additional Paid-in Capital | 1.8m | 66.7m |

## Retained Earnings | (38.8m) | (40.8m) |

## Total Equity | (2.8m) | 25.9m |

## Debt to Equity Ratio | -2.6 x | 0.1 x |

## Debt to Assets Ratio | 0.3 x | 0.1 x |

## Financial Leverage | -8.7 x | 2 x |

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Net Income | (2.5m) | (3.2m) | (2.2m) |

## Depreciation and Amortization | 1.2m | 1.2m | 2.6m |

## Accounts Receivable | (4.1m) | 194.0k | 1.6m |

## Accounts Payable | 2.9m | 865.0k | (1.7m) |

## Cash From Operating Activities | (400.0k) | 1.2m | 2.8m |

## Purchases of PP&E | (795.0k) | (414.0k) | (601.0k) |

## Cash From Investing Activities | (1.6m) | (3.5m) | (3.1m) |

## Long-term Borrowings | (614.0k) | (475.0k) | (4.6m) |

## Cash From Financing Activities | (508.0k) | 2.1m | 28.6m |

## Net Change in Cash | (2.5m) | (168.0k) | 28.2m |

## Interest Paid | 187.0k | ||

## Income Taxes Paid | 27.0k |

USD | H1, 2018 | H1, 2019 | H1, 2020 |
---|---|---|---|

## Net Income | (2.3m) | (1.5m) | (1.3m) |

## Depreciation and Amortization | 575.0k | 1.3m | 1.3m |

## Accounts Receivable | 3.2m | 2.1m | 1.4m |

## Accounts Payable | (1.5m) | (2.3m) | (1.6m) |

## Cash From Operating Activities | 2.4m | 172.0k | (523.0k) |

## Purchases of PP&E | (148.0k) | (453.0k) | (153.0k) |

## Cash From Investing Activities | (643.0k) | (1.8m) | (1.7m) |

## Long-term Borrowings | (257.0k) | (130.0k) | (4.0k) |

## Cash From Financing Activities | (217.0k) | 281.0k | (1.4m) |

## Net Change in Cash | 1.5m | (1.4m) | (3.6m) |

## Interest Paid | 12.0k | 99.0k | 10.0k |

## Income Taxes Paid | 2.0k |

USD | FY, 2017 |
---|---|

## Revenue/Employee | 171.9k |

## Debt/Equity | 0.5 x |

## Financial Leverage | 14.9 x |