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)+14%
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
Ross, US
220 32 Ross Common
Houston, US
1295 1301 Fannin St
Woodbridge Township, US
194 S Wood Ave

Medidata Metrics

Medidata Financial Metrics

Medidata's revenue was reported to be $463.4 m in FY, 2016 which is a 18% increase from the previous period.

Revenue (FY, 2016)

$463.4 m

Revenue growth (FY, 2015 - FY, 2016), %

18%

Gross profit (FY, 2016)

$350.8 m

Gross profit margin (FY, 2016), %

76%

Net income (FY, 2016)

$29 m

EBIT (FY, 2016)

$50.2 m

Market capitalization (19-May-2017)

$4 b

Closing share price (19-May-2017)

$69.5

Cash (31-Dec-2016)

$93.5 m
Medidata's current market capitalization is $4 b.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$276.8 m$335.1 m$392.5 m$463.4 m

Revenue growth, %

21%17%18%

Cost of goods sold

$69.9 m$84.9 m$89.8 m$112.6 m

Gross profit

$206.9 m$250.2 m$302.7 m$350.8 m

Gross profit Margin, %

75%75%77%76%

Sales and marketing expense

$66.3 m$83.4 m$103.2 m$109.3 m

R&D expense

$51.2 m$71.8 m$92.3 m$112.6 m

General and administrative expense

$65.5 m$69.1 m$78 m$78.7 m

Operating expense total

$183.1 m$230.1 m$273.5 m$300.6 m

EBIT

$23.9 m$20.1 m$29.2 m$50.2 m

EBIT margin, %

9%6%7%11%

Interest expense

$5.9 m$15.4 m$16.2 m$17.3 m

Interest income

$555 k$1.8 m$2.8 m$4.4 m

Pre tax profit

$18.4 m$6.5 m$15.8 m$37.3 m

Income tax expense

$1.7 m$422 k$2.6 m$8.3 m

Net Income

$16.7 m$6.1 m$13.2 m$29 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$39.4 m$16 m$45.2 m$32.7 m$22.3 m$39.5 m$49.6 m$93.5 m

Accounts Receivable

Inventories

$13.5 m$13.7 m$21.2 m$20.4 m

Current Assets

$304.5 m$357.9 m$383.2 m$518.8 m

Goodwill

$15.5 m$19 m$18.8 m$30.8 m

Total Assets

$573.4 m$622.2 m$687.5 m$817.9 m

Accounts Payable

$7.5 m$3.7 m$6.3 m$6.2 m

Current Liabilities

$100.2 m$94.8 m$121.1 m$132.3 m

Non-Current Liabilities

$247.4 m$262.7 m$282.2 m$283.6 m

Total Liabilities

$347.5 m$357.5 m$403.3 m$415.9 m

Common Stock

$594 k$614 k

Preferred Stock

Additional Paid-in Capital

$248.3 m$301.5 m$365 m$418.5 m

Retained Earnings

$3.5 m$9.6 m$22.8 m$102.4 m

Total Equity

$225.8 m$264.7 m$284.2 m$402 m

Financial Leverage

2.5 x2.4 x2.4 x2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$16.7 m$6.1 m$13.2 m$29 m

Depreciation and Amortization

$6.9 m$10.4 m$10.8 m$15.3 m

Accounts Receivable

$1.2 m($31 m)($35 m)($25 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 m$61.6 m$87 m$88.8 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 k$2.8 m$2.9 m$2.9 m

Income Taxes Paid

$1.4 m$485 k$1.3 m$2.1 m
Y, 2016

Financial Leverage

2 x

Medidata Operating Metrics

FY, 2013FY, 2014FY, 2015FY, 2016

Customers

397486611849

Medidata Market Value History

Medidata Revenue Breakdown

Medidata Online Presence

Medidata Company Life

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