LogMeIn is a provider of software as a service and cloud-based remote connectivity services for collaboration, IT management and customer engagement. The Company's products are focused on three business areas, including Communications & Collaboration services, Identity & Access Management services, and Customer engagement & support services. The products include: LogMeIn Pro – subscription-based remote access and administration software; LogMeIn Central – web application focused on IT management for remotely managing PCs and servers running on Windows or Mac OS X operating systems; LogMeIn Rescue – remote support (help desk) web application used by large contact centers and help desks for diagnosing and troubleshooting computers, smartphones, and tablets; LogMeIn Hamachi – network virtualization and VPN service; LogMeIn Backup – remote backup software; Jive - Hosted PBX telephone service;join.me – a freemium meeting and online collaboration software; RemotelyAnywhere – remote access and administration software; Xively – Platform-as-a-Service for building and managing Internet of Things devices and related services; Bold360 – a live chat and customer engagement service solution used by thousands of retail, financial services, manufacturing, software, and telecommunications organizations; LastPass; GoToAssist; GoToMeeting; GoToMyPC; GoToTraining; GoToWebinar; Grasshopper; Nanorep.

Show more

Employee Rating

3.7More
TypePublic
HQBoston, US
Founded2003
Size (employees)2,676 (est)-3%
Websitelogmeininc.com
LogMein was founded in 2003 and is headquartered in Boston, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at LogMein

William Wagner

William Wagner

President and Chief Executive Officer
Marc van Zadelhoff

Marc van Zadelhoff

COO
Ed Herdiech

Ed Herdiech

CFO
Alison Durant

Alison Durant

Senior Vice President, Corporate Marketing
Tara Haas

Tara Haas

Senior Vice President, Chief of Staff & Head of Innovation
Larry DAngelo

Larry DAngelo

Chief Sales Officer
Show more

LogMein Office Locations

LogMein has offices in Boston, Munich, Karlsruhe, Dresden and in 15 other locations
Boston, (HQ)
320 Summer St
San Francisco,
27 Maiden Lane (Suite 700)
Wichita,
2024 N. Woodlawn, Suite 350
Sydney,
Level 4, 66 King St
Budapest,
Andrássy út, 9. II. em.
Szeged,
Széchenyi tér 3. I em.
Show all (19)
Report incorrect company information

LogMein Financials and Metrics

LogMein Revenue

Embed Graph
View revenue for all periods
LogMein's revenue was reported to be $989.79 m in FY, 2017 which is a 194.5% increase from the previous period.
USD

Revenue (Q3, 2018)

308.9m

Gross profit (Q3, 2018)

236.1m

Gross profit margin (Q3, 2018), %

76.4%

Net income (Q3, 2018)

12.7m

EBIT (Q3, 2018)

17.1m

Market capitalization (12-Dec-2018)

4.5b

Closing stock price (12-Dec-2018)

88.0

Cash (30-Sep-2018)

167.6m

EV

4.5b
LogMein's current market capitalization is $4.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

166.3m222.0m271.6m336.1m989.8m

Revenue growth, %

20%34%22%24%195%

Cost of goods sold

18.8m28.7m35.5m45.5m203.2m

Gross profit

147.4m193.2m236.1m290.6m786.6m
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

89.3m101.0m123.1m140.8m252.4m

Accounts Receivable

13.0m18.3m16.0m25.9m93.9m

Prepaid Expenses

4.5m12.0m5.7m52.5m

Current Assets

212.1m230.9m236.4m228.1m398.8m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

103.7m120.8m96.3m132.2m136.1m160.4m141.2m139.9m146.6m266.7m261.0m262.1m365.2m198.9m167.6m

Accounts Receivable

11.7m10.6m11.1m12.6m14.2m15.9m15.1m14.5m16.2m73.0m75.8m83.9m84.4m81.9m87.7m

Prepaid Expenses

13.3m7.3m8.6m16.0m14.3m14.5m34.0m40.4m34.4m56.7m

Current Assets

226.2m243.7m219.8m265.3m264.7m275.5m257.6m254.2m248.0m403.1m401.6m394.3m506.3m337.3m317.2m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(7.7m)8.0m14.6m2.6m99.5m

Depreciation and Amortization

7.7m11.1m13.7m21.5m221.3m

Inventories

(3.0m)

Accounts Payable

(2.2m)1.7m1.4m6.1m(5.0m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

1.0m2.3m4.6m372.0k2.8m8.3m(1.1m)1.4m776.0k(18.6m)(3.7m)6.2m29.7m36.3m49.0m

Depreciation and Amortization

2.5m5.5m8.3m2.9m5.9m9.2m5.4m10.7m16.1m40.3m98.6m158.8m71.3m146.4m223.2m

Accounts Payable

(1.0m)433.0k584.0k3.8m4.4m3.0m1.7m2.5m4.7m3.9m11.2m10.2m9.6m11.5m13.6m

Cash From Operating Activities

24.4m45.4m58.9m40.0m58.6m72.0m38.0m64.0m84.1m105.9m192.8m283.3m154.0m257.2m330.9m
USDY, 2018

EV/EBIT

265.2 x

EV/CFO

13.7 x

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.3 x
Show all financial metrics

LogMein Operating Metrics

FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

Patents Issued

13 155 173

Patents Pending

11 150 107

Monthly Users (GoToMeeting & join.me)

20 m20 m20 m

Yearly Conference Calling Minutes

12 b12 b12 b
Show all operating metrics

LogMein Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Jive CommunicationsFebruary 08, 2018$357 m
Bold360August 01, 2017$45 m
LastPassOctober 08, 2015$110 m
ZamuraiJune 04, 2015$6 m
MeldiumSeptember 04, 2014$15 m
Ionia CorporationMay 06, 2014
Bold SoftwareJanuary 09, 2012
XivelyJuly 20, 2011
GetGo Communications LLC
GetGo Communications Virginia LLC
Show more
Report incorrect company information

LogMein Online and Social Media Presence

Embed Graph
Report incorrect company information

LogMein Company Life and Culture

Report incorrect company information

LogMein Frequently Asked Questions

  • When was LogMein founded?

    LogMein was founded in 2003.

  • Who are LogMein key executives?

    LogMein's key executives are William Wagner, Marc van Zadelhoff and Ed Herdiech.

  • How many employees does LogMein have?

    LogMein has 2,676 employees.

  • What is LogMein revenue?

    Latest LogMein annual revenue is $989.8 m.

  • What is LogMein revenue per employee?

    Latest LogMein revenue per employee is $369.9 k.

  • Who are LogMein competitors?

    Competitors of LogMein include Bomgar, BrightTALK and ConnectWise.

  • Where is LogMein headquarters?

    LogMein headquarters is located at 320 Summer St, Boston.

  • Where are LogMein offices?

    LogMein has offices in Boston, Munich, Karlsruhe, Dresden and in 15 other locations.

  • How many offices does LogMein have?

    LogMein has 19 offices.