Marin Software revenue was $49.04 m in FY, 2019
USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|
Revenue | 99.9m | 75.0m | 58.6m | 49.0m |
Revenue growth, % | (8%) | (25%) | (22%) | |
Cost of goods sold | 35.2m | 32.5m | 27.2m | 22.8m |
Gross profit | 64.7m | 42.5m | 31.5m | 26.2m |
Gross profit Margin, % | 65% | 57% | 54% | 53% |
Sales and marketing expense | 32.9m | 26.9m | 23.4m | 15.8m |
R&D expense | 27.8m | 26.6m | 22.5m | 17.8m |
General and administrative expense | 19.9m | 16.4m | 13.1m | 10.4m |
Operating expense total | 80.6m | 72.7m | 73.7m | 46.0m |
Depreciation and amortization | 3.1m | 2.9m | 2.5m | 1.8m |
EBIT | (15.9m) | (30.3m) | (42.3m) | (19.8m) |
EBIT margin, % | (16%) | (40%) | (72%) | (40%) |
Interest expense | 129.0k | 137.0k | ||
Pre tax profit | (15.1m) | (30.5m) | (40.7m) | (12.5m) |
Income tax expense | 1.4m | 1.0m | 586.0k | (120.0k) |
Net Income | (16.5m) | (31.5m) | (41.2m) | (12.4m) |
USD | Y, 2010 | Y, 2011 | Y, 2012 | FY, 2013 | Y, 2013 | Y, 2014 | FY, 2014 | Y, 2015 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.2m | 1.7m | 31.5m | 104.4m | 104.4m | 68.3m | 68.3m | 37.3m | 37.3m | 34.4m | 27.5m | 10.2m | 11.1m |
Accounts Receivable | 14.9m | 14.9m | 18.7m | 18.7m | 21.7m | 21.7m | 18.8m | 12.2m | 12.9m | 8.9m | |||
Prepaid Expenses | 2.7m | 4.8m | 4.2m | 4.0m | 4.6m | 3.5m | |||||||
Inventories | 2.7m | 4.8m | 4.2m | 3.8m | |||||||||
Current Assets | 122.0m | 122.0m | 91.7m | 91.7m | 63.2m | 63.2m | 58.3m | 45.1m | 29.1m | 24.6m | |||
PP&E | 14.4m | 14.4m | 16.3m | 16.3m | 21.8m | 21.8m | 20.6m | 15.6m | 11.8m | 8.5m | |||
Goodwill | 11.5m | 11.5m | 19.4m | 19.4m | 19.3m | 16.8m | 1.9m | ||||||
Total Assets | 137.4m | 137.4m | 128.2m | 128.2m | 116.2m | 116.2m | 107.1m | 83.4m | 46.8m | 42.3m | |||
Accounts Payable | 1.0m | 1.0m | 3.7m | 3.7m | 1.7m | 1.7m | 2.4m | 2.8m | 2.7m | 1.7m | |||
Short-term debt | 3.3m | 3.3m | 2.6m | 2.6m | 1.4m | 1.4m | 1.0m | 1.4m | 1.2m | 3.8m | |||
Current Liabilities | 17.8m | 17.8m | 20.4m | 20.4m | 15.7m | 15.7m | 12.6m | 14.7m | 13.3m | 14.5m | |||
Long-term debt | 3.0m | 621.0k | 1.6m | 1.7m | 549.0k | 5.2m | |||||||
Total Debt | 3.3m | 3.2m | 1.4m | 1.0m | 3.1m | 1.8m | 9.0m | ||||||
Total Liabilities | 22.0m | 22.1m | 22.1m | 19.5m | 20.6m | 17.4m | 21.2m | ||||||
Common Stock | 33.0k | 35.0k | 37.0k | 6.0k | 6.0k | 7.0k | |||||||
Additional Paid-in Capital | 228.5m | 228.5m | 253.2m | 253.2m | 275.6m | 275.6m | 286.7m | 291.2m | 295.1m | 299.3m | |||
Retained Earnings | (113.2m) | (113.2m) | (146.4m) | (146.4m) | (179.7m) | (179.7m) | (196.2m) | (227.7m) | (264.7m) | (277.1m) | |||
Total Equity | 115.3m | 106.1m | 106.1m | 94.1m | 94.1m | 87.6m | 62.8m | 29.4m | 21.1m | ||||
Debt to Equity Ratio | 0 x | 0 x | 0 x | ||||||||||
Debt to Assets Ratio | 0 x | 0 x | 0 x | ||||||||||
Financial Leverage | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.3 x | 1.6 x | 2 x |
USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|
Net Income | (35.9m) | (33.2m) | (33.3m) | (16.5m) | (31.5m) | (41.2m) | (12.4m) |
Depreciation and Amortization | 5.9m | 8.7m | 12.7m | 12.1m | 11.3m | 9.0m | 3.7m |
Accounts Receivable | (2.4m) | (4.6m) | (3.0m) | 795.0k | 4.8m | (668.0k) | 4.2m |
Accounts Payable | 75.0k | 1.4m | (1.6m) | 741.0k | 306.0k | (97.0k) | (687.0k) |
Cash From Operating Activities | (23.4m) | (24.4m) | (7.1m) | 5.7m | (4.9m) | (13.0m) | (1.2m) |
Purchases of PP&E | (5.0m) | (5.3m) | (8.6m) | (1.2m) | (461.0k) | (586.0k) | (604.0k) |
Cash From Investing Activities | (8.2m) | (12.6m) | (21.9m) | (5.9m) | (2.5m) | (2.7m) | 1.6m |
Long-term Borrowings | (1.2m) | ||||||
Cash From Financing Activities | 104.5m | 850.0k | (1.3m) | (383.0k) | (1.5m) | (1.3m) | 260.0k |
Net Change in Cash | 72.9m | (36.2m) | (30.9m) | (6.9m) | (17.3m) | 602.0k | |
Interest Paid | 201.0k | 106.0k | 106.0k | 189.0k | 210.0k | 153.0k | 72.0k |
Income Taxes Paid | 276.0k | 221.0k | 404.0k | 728.0k | 1.5m | 730.0k | 589.0k |
USD | Y, 2010 |
---|
FY, 2014 | FY, 2015 | FY, 2016 | |
---|---|---|---|
Patents Issued | 2 | 2 | 3 |
Patents Pending | 5 | 9 | 8 |