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 Metrics

LogMein Financial Metrics

Revenue (2016)

$336.1 m

Revenue growth (2015-16), %

24%

Gross profit

$290.6 m

Gross profit margin (2016), %

86%

Net income (2016)

$2.6 m

Market capitalization (21-Mar-2017)

$5.1 b

Closing share price (21-Mar-2017)

$97.4

Cash (31-Dec-2016)

$140.8 m
LogMein's current market capitalization is $5.1 b.
LogMein's revenue was reported to be $336.1 m in FY, 2016 which is a 23.7% increase from the previous period.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$119.5 m$138.8 m$166.3 m$222 m$271.6 m$336.1 m

Revenue growth, %

16%20%34%22%24%

Cost of goods sold

$18.8 m$28.7 m$35.5 m$45.5 m

Gross profit

$147.4 m$193.2 m$236.1 m$290.6 m

Gross profit Margin, %

89%87%87%86%

Operating expense total

$149.4 m$184.5 m$220.1 m$286.2 m

EBIT

($1.9 m)$8.7 m$16 m$4.4 m

EBIT margin, %

(1%)4%6%1%

Interest expense

$1 k$1 k$2 k$2 k$574 k($1.4 m)

Interest income

$547 k$654 k$698 k

Pre tax profit

($1.5 m)$9.4 m$17.5 m$3.2 m

Income tax expense

($2.5 m)$4 m$2.7 m$6.2 m$1.4 m$3 m($570 k)

Net Income

($7.7 m)$8 m$14.6 m$2.6 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$100.3 m$77.3 m$103.6 m$111.9 m$89.3 m$101 m$123.1 m$140.8 m

Accounts Receivable

$13 m$18.3 m$16 m$25.9 m

Inventories

$6.5 m$4.5 m$12 m$5.7 m

Current Assets

$212.1 m$230.9 m$236.4 m$228.1 m

PP&E

$13.2 m$13.5 m$21.7 m$23.9 m

Goodwill

$18.7 m$37.9 m$121.8 m

Total Assets

$279.6 m$317.8 m$455.7 m$443.3 m

Accounts Payable

$6.4 m$7.1 m$10.3 m$14.6 m

Current Liabilities

$109 m$138.2 m$176.3 m$206.9 m

Additional Paid-in Capital

$200.2 m$237.2 m$276.8 m$314.7 m

Retained Earnings

($1.4 m)$6.5 m$21.1 m($1.8 m)

Total Equity

$167.3 m$173.8 m$207.8 m$196.1 m

Financial Leverage

1.7 x1.8 x2.2 x2.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($7.7 m)$8 m$14.6 m$2.6 m

Depreciation and Amortization

$7.7 m$11.1 m$13.7 m$21.5 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 m$1.4 m$6.1 m

Cash From Operating Activities

$30 m$74.2 m$85.8 m$92.3 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

Interest Paid

$2 k$2 k$574 k$937 k

Income Taxes Paid

$10.1 m$1.5 m$861 k

LogMein Market Value History

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