Majesco is a global provider of core insurance software and consulting services for insurance business transformation. The Company's solutions include policy management, new business/underwriting, rating, billing, claims management, distribution management, BI/analytics, predictive modeling, digital platform with mobile and portal, testing services, cloud services, bureau and content services, transformation services, consulting services and more.

Type
Public
HQ
Morristown, US
Founded
1992
Size (employees)
2,054 (est)
Majesco was founded in 1992 and is headquartered in Morristown, US
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Majesco Office Locations

Majesco has offices in Atlanta, Glastonbury, Pune, Navi Mumbai and in 8 other locations
Reading, GB (HQ)
8 Market Pl
Morristown, US (HQ)
110c 412 Mt Kemble Ave
West Yorkshire, GB
36 Park Row
Toronto, CA
2500 1 Dundas St W
Atlanta, US
145 400 Perimeter Center Terrace
Bridgewater, US
685 Rte 202/206
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Majesco Financials and Metrics

Majesco Financials

Majesco's revenue was reported to be $122.99 m in FY, 2018
USD

Revenue (FY, 2018)

123 m

Gross profit (FY, 2018)

55.9 m

Gross profit margin (FY, 2018), %

45.4%

Net income (FY, 2018)

(5 m)

EBIT (FY, 2018)

(2.4 m)

Market capitalization (22-Jun-2018)

225.1 m

Closing share price (22-Jun-2018)

6.2

Cash (31-Mar-2018)

9.2 m
Majesco's current market capitalization is $225.1 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2018

Revenue

82.8 m79.3 m113.3 m123 m

Revenue growth, %

(4%)43%

Cost of goods sold

45.7 m48.8 m62.8 m67.1 m

Gross profit

37.1 m30.5 m50.5 m55.9 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

23.2 m28.2 m29.6 m32.6 m31 m30 m

Cost of goods sold

12.1 m15.8 m17.1 m17.8 m15.6 m15.3 m

Gross profit

11.1 m12.4 m12.6 m14.8 m15.5 m14.7 m

Gross profit Margin, %

48%44%42%45%50%49%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Cash

5.5 m6.3 m9.2 m

Accounts Receivable

7.8 m22.5 m19.1 m

Current Assets

25.3 m44.3 m47.8 m

PP&E

1.2 m3.5 m2.8 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

9.3 m5.5 m8.9 m14.2 m10.8 m18 m

Current Assets

35.4 m32 m35.3 m46.9 m46.6 m50.1 m

PP&E

1.8 m2.1 m2.2 m3.8 m3.9 m4 m

Goodwill

32.7 m32.7 m32.3 m32.3 m32.3 m32.3 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2018

Net Income

2.9 m(651 k)(3.6 m)(5 m)

Depreciation and Amortization

2.5 m2.4 m3.8 m4.8 m

Accounts Payable

(82 k)(53 k)2.1 m(570 k)

Cash From Operating Activities

3.1 m3.7 m(5.8 m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

82 k(976 k)(1.1 m)217 k209 k

Accounts Payable

825 k

Purchases of PP&E

(199 k)(669 k)(934 k)(797 k)(1.3 m)(2 m)

Cash From Investing Activities

3.1 m2.2 m1.2 m
USDY, 2018

Revenue/Employee

59.9 k

Financial Leverage

2.1 x
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Majesco Operating Metrics

Majesco's Customers was reported to be 148 in FY, 2017.
FY, 2014FY, 2015FY, 2016FY, 2017

Customers

97 108 149 148
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Majesco Revenue Breakdown

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Majesco revenue breakdown by geographic segment: 7.9% from UK, 86.7% from USA and 5.4% from Other

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Majesco Online and Social Media Presence

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Majesco News and Updates

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