Medidata

Medidata Solutions is a leading global provider of cloud-based clinical development solutions that enhance the efficiency of customers’ clinical trials. Medidata’s advanced platform lowers the total cost of clinical development by optimizing clinical trials from concept to conclusion: from study and protocol design, trial planning and budgeting, site negotiation, clinical portal, trial management, randomization and trial supply management, clinical data capture and management, safety events capture, medical coding to business analytics. Company's diverse life science customer base spans biopharmaceutical companies, medical device and diagnostic companies, academic and government institutions, CROs and other research organizations.
Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1999
Size (employees)
1,424 (est)
Website
mdsol.com
Medidata was founded in 1999 and is headquartered in New York, US

Medidata Office Locations

Medidata has offices in New York, Woodbridge Township, Conshohocken, Houston and in 6 other locations
New York, US (HQ)
350 Hudson St
London, GB
Hammersmith Flyover
Singapore, SG
8 Jurong Town Hall Rd
Beijing, CN
Room 21, 5th Floor, China Life Tower 16 Chaoyangmen Wai Da
Chiyoda-ku, JP
MARUNOUCHI TRUST TOWER NORTH
San Francisco, US
343 Sansome St
Show all (10)

Medidata Data and Metrics

Medidata Financial Metrics

Medidata's revenue was reported to be $126.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

126.8 m

Gross profit (Q1, 2017)

126.8 m

Gross profit margin (Q1, 2017), %

100%

Net income (Q1, 2017)

9.5 m

EBIT (Q1, 2017)

12.2 m

Market capitalization (15-Aug-2017)

4.4 b

Cash (31-Mar-2017)

90.4 m
Medidata's current market capitalization is $4.4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

276.8 m335.1 m392.5 m463.4 m

Revenue growth, %

21%17%18%

Cost of goods sold

69.9 m84.9 m89.8 m112.6 m

Gross profit

206.9 m250.2 m302.7 m350.8 m

Gross profit Margin, %

75%75%77%76%

Sales and marketing expense

66.3 m83.4 m103.2 m109.3 m

R&D expense

51.2 m71.8 m92.3 m112.6 m

General and administrative expense

65.5 m69.1 m78 m78.7 m

Operating expense total

183.1 m230.1 m273.5 m300.6 m

EBIT

23.9 m20.1 m29.2 m50.2 m

EBIT margin, %

9%6%7%11%

Interest expense

5.9 m15.4 m16.2 m17.3 m

Interest income

555 k1.8 m2.8 m4.4 m

Pre tax profit

18.4 m6.5 m15.8 m37.3 m

Income tax expense

1.7 m422 k2.6 m8.3 m

Net Income

16.7 m6.1 m13.2 m29 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

83.2 m86 m92.4 m98.1 m103.1 m104.2 m114.6 m120.1 m126.8 m

Cost of goods sold

21 m21 m22.2 m

Gross profit

62.2 m65 m70.3 m98.1 m103.1 m104.2 m114.6 m120.1 m126.8 m

Gross profit Margin, %

75%76%76%100%100%100%100%100%100%

Sales and marketing expense

20.4 m21 m24.3 m

R&D expense

17.3 m17.7 m21.9 m22.5 m24.2 m28.2 m28.3 m28 m29.9 m

General and administrative expense

17.4 m17.9 m20.6 m21.9 m19.1 m19.2 m18.5 m20.1 m24 m

Operating expense total

55.1 m56.5 m66.8 m44.5 m43.3 m47.5 m46.8 m48.1 m53.9 m

EBIT

7.1 m3.6 m3.5 m5 m11.1 m6.6 m11.1 m14.9 m12.2 m

EBIT margin, %

9%4%4%5%11%6%10%12%10%

Interest expense

(3.8 m)(3.8 m)(4 m)(4 m)(4 m)(4.1 m)(4.2 m)(4.2 m)(4.3 m)

Interest income

420 k465 k534 k612 k739 k872 k932 k1 m1.2 m

Pre tax profit

3.7 m191 k8 k1.6 m7.8 m3.4 m7.9 m11.7 m9 m

Income tax expense

1.4 m30 k(149 k)55 k3.1 m(2.5 m)3 m4.3 m(501 k)

Net Income

2.3 m161 k157 k1.5 m4.7 m5.8 m4.9 m7.4 m9.5 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

39.4 m16 m45.2 m32.7 m22.3 m39.5 m49.6 m93.5 m

Accounts Receivable

128.5 m

Inventories

13.5 m13.7 m21.2 m20.4 m

Current Assets

304.5 m357.9 m383.2 m518.8 m

Goodwill

15.5 m19 m18.8 m30.8 m

Total Assets

573.4 m622.2 m687.5 m817.9 m

Accounts Payable

7.5 m3.7 m6.3 m6.2 m

Current Liabilities

100.2 m94.8 m121.1 m132.3 m

Non-Current Liabilities

247.4 m262.7 m282.2 m283.6 m

Total Liabilities

347.5 m357.5 m403.3 m415.9 m

Common Stock

594 k614 k

Additional Paid-in Capital

248.3 m301.5 m365 m418.5 m

Retained Earnings

3.5 m9.6 m22.8 m102.4 m

Total Equity

225.8 m264.7 m284.2 m402 m

Financial Leverage

2.5 x2.4 x2.4 x2 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

35.2 m26.7 m71.5 m43.4 m63.2 m87.7 m64.3 m65.2 m90.4 m

Current Assets

298.8 m328.3 m394.9 m381.6 m393.4 m423.2 m429 m470.2 m494.5 m

Goodwill

15.7 m15.4 m18.8 m19.1 m18.9 m18.7 m30.3 m30.2 m39.1 m

Total Assets

571.2 m587.3 m644.1 m672.3 m683.8 m673.9 m712 m785.8 m827.4 m

Accounts Payable

5.3 m3.7 m6.3 m2.8 m2.3 m1.9 m1.4 m1.2 m6.7 m

Current Liabilities

83.5 m83 m107.3 m114.9 m104.5 m100.2 m114.5 m123.6 m126.7 m

Non-Current Liabilities

253.5 m255.1 m265.4 m269 m277.2 m279.3 m282.9 m283.1 m289.4 m

Common Stock

606 k610 k612 k622 k

Additional Paid-in Capital

273.7 m290 m317 m339.4 m350.1 m376.7 m395.8 m403.8 m431.5 m

Retained Earnings

4 m4.2 m9.8 m11.3 m16 m28.6 m33.6 m91.5 m111.9 m

Total Equity

234.2 m249.1 m271.4 m288.5 m302.2 m294.4 m314.7 m379.1 m411.4 m

Financial Leverage

2.4 x2.4 x2.4 x2.3 x2.3 x2.3 x2.3 x2.1 x2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

16.7 m6.1 m13.2 m29 m

Depreciation and Amortization

6.9 m10.4 m10.8 m15.3 m

Accounts Receivable

1.2 m(31 m)(35 m)(25.2 m)

Inventories

2.1 m(611 k)(9.1 m)185 k

Accounts Payable

(457 k)1.3 m(502 k)2.8 m

Cash From Operating Activities

69.6 m61.6 m87 m88.8 m

Cash From Investing Activities

(362.7 m)(30.4 m)(37.5 m)(41.3 m)

Cash From Financing Activities

282.8 m(13.9 m)(39.4 m)(3.3 m)

Interest Paid

27 k2.8 m2.9 m2.9 m

Income Taxes Paid

1.4 m485 k1.3 m2.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

2.3 m161 k157 k1.5 m4.7 m5.8 m4.9 m7.4 m9.5 m

Accounts Payable

5.3 m3.7 m6.3 m2.8 m2.3 m1.9 m1.4 m1.2 m6.7 m
USDY, 2017

Revenue/Employee

89.1 k

Financial Leverage

2 x

Medidata Operating Metrics

Medidata's Customers was reported to be 849 in FY, 2016, which is a 39% increase from the previous period
FY, 2013FY, 2014FY, 2015FY, 2016

Customers

397486611849

Medidata Market Value History

Medidata Revenue Breakdown

Traffic Overview of Medidata

Medidata Online and Social Media Presence

Medidata Company Life and Culture

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