The company offers cloud-based collaboration, customer engagement, and connected objects as well as IT management services that are required to empower, manage, secure, and support mobile workplaces. Its offerings include join.me, Xively, Central, AppGuru, Cubby, BoldChat, and Rescue. Its products are deployed on demand and are accessible through any web browser.

Founded in 2003, LogMeIn is headquartered in Amsterdam, Netherlands. It also has additional offices in the Unites States, Australia, and Hungary.

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 at LogMein

Michael Simon

Michael Simon

CEO
Ed Gillis

Ed Gillis

Director
William Wagner

William Wagner

President & COO

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
London, GB
Ramillies Buildings 1 9 Hills Pl, Westminster
Wichita, US
2024 N. Woodlawn, Suite 350
San Francisco, US
27 Maiden Lane (Suite 700)
Amsterdam, NL
Jacob Bontiusplaats 9

LogMein Data and Metrics

LogMein Financial Metrics

LogMein's revenue was reported to be $336.1 m in FY, 2016 which is a 24% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

336.1 m

Revenue growth (FY, 2015 - FY, 2016), %

24%

Gross profit (FY, 2016)

290.6 m

Gross profit margin (FY, 2016), %

86%

Net income (FY, 2016)

2.6 m

EBIT (FY, 2016)

4.4 m

Market capitalization (26-May-2017)

5.8 b

Closing share price (26-May-2017)

110.1

Cash (31-Dec-2016)

140.8 m
LogMein's current market capitalization is $5.8 b.
Numbers are in $, USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

119.5 m138.8 m166.3 m222 m271.6 m336.1 m

Revenue growth, %

16%20%34%22%24%

Cost of goods sold

18.8 m28.7 m35.5 m45.5 m

Gross profit

147.4 m193.2 m236.1 m290.6 m

Gross profit Margin, %

89%87%87%86%

Operating expense total

149.4 m184.5 m220.1 m286.2 m

EBIT

(1.9 m)8.7 m16 m4.4 m

EBIT margin, %

(1%)4%6%1%

Interest expense

1 k1 k2 k2 k574 k(1.4 m)

Interest income

547 k654 k698 k

Pre tax profit

(1.5 m)9.4 m17.5 m3.2 m

Income tax expense

(2.5 m)4 m2.7 m6.2 m1.4 m3 m(570 k)

Net Income

(7.7 m)8 m14.6 m2.6 m
Numbers are in $, 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

PP&E

13.2 m13.5 m21.7 m23.9 m

Goodwill

18.7 m37.9 m121.8 m

Total Assets

279.6 m317.8 m455.7 m443.3 m

Accounts Payable

6.4 m7.1 m10.3 m14.6 m

Current Liabilities

109 m138.2 m176.3 m206.9 m

Additional Paid-in Capital

200.2 m237.2 m276.8 m314.7 m

Retained Earnings

(1.4 m)6.5 m21.1 m(1.8 m)

Total Equity

167.3 m173.8 m207.8 m196.1 m

Financial Leverage

1.7 x1.8 x2.2 x2.3 x
Numbers are in $, 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 m)

Inventories

(3 m)1.8 m(2.8 m)6 m

Accounts Payable

(2.2 m)1.7 m1.4 m6.1 m

Cash From Operating Activities

30 m74.2 m85.8 m92.3 m

Purchases of PP&E

(10.9 m)(7.5 m)(14.2 m)(14 m)

Cash From Investing Activities

(24.4 m)(32.9 m)(108 m)7.5 m

Cash From Financing Activities

(28.6 m)(24.3 m)49.6 m(79.4 m)

Interest Paid

2 k2 k574 k937 k

Income Taxes Paid

10.1 m1.5 m861 k
Y, 2016

Financial Leverage

2.3 x

LogMein Operating Metrics

FY, 2015FY, 2016

Patents Issued

13155

Patents Pending

11150

LogMein Market Value History

LogMein Job Categories

LogMein Online and Social Media Presence

LogMein News and Updates

LogMein Company Life and Culture

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