LogMeIn provides cloud-based service offerings, that help people and businesses to connect to their workplace, colleagues and customers. Services are categorized into four business lines: communications and collaboration, engagement and support, identity and access, and additional service offerings.

Company Growth (employees)
Type
Public
HQ
Boston, US
Founded
2003
Size (employees)
1,124 (est)+12%
LogMein was founded in 2003 and is headquartered in Boston, US

Key People/Management at LogMein

Michael Simon

Michael Simon

CEO
Ed Herdiech

Ed Herdiech

CFO
Ed Gillis

Ed Gillis

Director
William Wagner

William Wagner

President & COO
W. Sean Ford

W. Sean Ford

SVP, Chief Marketing Officer

LogMein Office Locations

LogMein has offices in Boston, Amsterdam, San Francisco, Wichita and in 6 other locations
Boston, US (HQ)
320 Summer St
Bangalore, IN
1st Floor, Pine Valley Building Embassy Golf Links Business Park Intermediate Ring Road
Sydney, AU
Level 4, 66 King St
Szeged, HU
Széchenyi tér 3. I em.
Budapest, HU
Andrássy út, 9. II. em.
Dublin, IE
1st Floor Bloodstone Building Bloodstoney Road
Show all (10)

LogMein Financials and Metrics

LogMein Financials

LogMein's revenue was reported to be $336.1 m in FY, 2016
USD

Revenue (Q3, 2017)

269.3 m

Gross profit (Q3, 2017)

213.7 m

Gross profit margin (Q3, 2017), %

79%

Net income (Q3, 2017)

9.9 m

EBIT (Q3, 2017)

7.2 m

Market capitalization (13-Nov-2017)

6.2 b

Cash (30-Sep-2017)

262.1 m

EV

6 b
LogMein's current market capitalization is $6.2 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

222 m271.6 m336.1 m

Revenue growth, %

34%22%24%

Cost of goods sold

28.7 m35.5 m45.5 m

Gross profit

193.2 m236.1 m290.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

43 m49 m55 m58.1 m61.1 m64.8 m69.6 m79.7 m83.3 m85.1 m187.5 m257 m269.3 m

Cost of goods sold

4.7 m6.1 m7.4 m7.3 m8 m8.5 m8.7 m11.2 m11.4 m11.5 m38.9 m53.2 m55.6 m

Gross profit

38.3 m42.9 m47.6 m50.7 m53.1 m56.3 m60.9 m68.5 m71.8 m73.6 m148.5 m203.8 m213.7 m

Gross profit Margin, %

89%88%87%87%87%87%88%86%86%87%79%79%79%
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

100.3 m77.3 m103.6 m111.9 m89.3 m101 m123.1 m140.8 m

Accounts Receivable

13 m18.3 m16 m25.9 m

Inventories

6.5 m4.5 m12 m5.7 m

Current Assets

212.1 m230.9 m236.4 m228.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

99 m103.7 m120.8 m96.3 m132.2 m136.1 m160.4 m141.2 m139.9 m146.6 m266.7 m261 m262.1 m

Accounts Receivable

11.3 m11.7 m10.6 m11.1 m12.6 m14.2 m15.9 m15.1 m14.5 m16.2 m73 m75.8 m83.9 m

Current Assets

222.5 m226.2 m243.7 m219.8 m265.3 m264.7 m275.5 m257.6 m254.2 m248 m403.1 m401.6 m394.3 m

PP&E

12.3 m13.3 m13.7 m13.5 m15.6 m16.4 m18.7 m23.4 m26.1 m25.2 m80.2 m82.5 m91.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(7.7 m)8 m14.6 m2.6 m

Depreciation and Amortization

7.7 m11.1 m13.7 m21.5 m

Accounts Receivable

302 k(5.8 m)2.2 m(10.2 m)

Inventories

(3 m)1.8 m(2.8 m)6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(56.2 k)1 m1.3 m2.3 m372 k2.8 m8.3 m(1.1 m)1.4 m776 k(18.6 m)(3.7 m)6.2 m

Depreciation and Amortization

5.9 m9.2 m5.4 m10.7 m16.1 m40.3 m98.6 m158.8 m

Accounts Receivable

10.6 m11.1 m12.6 m3.5 m1.9 m1.1 m1.6 m(79 k)3.1 m(3 k)(6.5 m)

Accounts Payable

6 m6.3 m10.4 m4.4 m3 m1.7 m2.5 m4.7 m3.9 m11.2 m10.2 m
Y, 2017

EV/EBIT

833 x

EV/CFO

21.1 x

Financial Leverage

1.3 x
Show all financial metrics

LogMein Operating Metrics

FY, 2015FY, 2016Q1, 2017

Patents Issued

13155

Patents Pending

11150

Users (LastPass)

10 m

Monthly Users (GoToMeeting & join.me)

20 m
Show all operating metrics

LogMein Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
NanorepAugust 01, 2017$45 m

LogMein Market Value History

LogMein's Web-traffic and Trends

LogMein Online and Social Media Presence

LogMein Company Life and Culture

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