Medidata Revenue

Medidata revenue was $635.70 m in FY, 2018 which is a 16.5% year over year increase from the previous period.

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Summary - Funding Rounds

Founding Date

1999

Total Funding

$20 m

Investors

Medidata is a subsidiary of Dassault Systemes

Medidata Revenue Breakdown

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Medidata revenue breakdown by business segment: 84.3% from Subscription and 15.7% from Professional Services

Medidata revenue breakdown by geographic segment: 14.1% from Europe, Middle East and Africa, 6.0% from Japan, 74.9% from United States and 5.0% from Other

Medidata Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

463.4m545.5m635.7m

Revenue growth, %

18%18%17%

Cost of goods sold

112.6m126.8m159.2m

Gross profit

350.8m418.7m476.5m

Gross profit Margin, %

76%77%75%

Sales and marketing expense

109.3m126.3m151.9m

R&D expense

112.6m138.6m162.8m

General and administrative expense

78.7m94.3m110.5m

Operating expense total

300.6m354.4m425.2m

Depreciation and amortization

1.3m4.1m6.3m

EBIT

50.2m64.3m51.3m

EBIT margin, %

11%12%8%

Interest expense

17.3m17.8m15.9m

Interest income

4.4m5.7m7.4m

Pre tax profit

37.3m52.2m50.1m

Income tax expense

8.3m7.8m(1.8m)

Net Income

29.0m44.4m51.9m

EPS

0.50.70.9

Medidata Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

93.5m237.3m105.4m

Accounts Receivable

128.5m110.7m170.7m

Prepaid Expenses

20.4m37.3m28.9m

Current Assets

518.8m637.6m462.5m

PP&E

58.5m88.1m99.0m

Goodwill

30.8m47.4m216.0m

Total Assets

817.9m1.0b913.2m

Accounts Payable

6.2m5.0m7.5m

Short-term debt

278.1m

Current Liabilities

132.3m429.1m170.7m

Long-term debt

265.1m98.1m92.2m

Non-Current Liabilities

283.6m119.6m111.1m

Total Debt

265.1m376.2m92.2m

Total Liabilities

415.9m548.7m281.8m

Common Stock

614.0k628.0k661.0k

Additional Paid-in Capital

418.5m486.1m574.7m

Retained Earnings

102.4m146.7m213.8m

Total Equity

402.0m497.4m631.4m

Debt to Equity Ratio

0.7 x0.8 x0.1 x

Debt to Assets Ratio

0.3 x0.4 x0.1 x

Financial Leverage

2 x2.1 x1.4 x

Medidata Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

29.0m44.4m51.9m

Depreciation and Amortization

15.3m24.1m35.0m

Accounts Receivable

(25.2m)4.0m(61.6m)

Accounts Payable

2.8m(3.0m)3.5m

Cash From Operating Activities

88.8m121.7m89.2m

Purchases of PP&E

(25.7m)(44.6m)(40.1m)

Cash From Investing Activities

(41.3m)(78.0m)72.1m

Short-term Borrowings

(100.0k)

Long-term Borrowings

100.0m5.0m

Cash From Financing Activities

(3.3m)99.1m(290.4m)

Net Change in Cash

44.0m143.6m(130.2m)

Interest Paid

2.9m2.9m7.0m

Income Taxes Paid

2.1m4.4m3.9m

Medidata Operating Metrics

FY, 2016FY, 2017FY, 2018

Backlog (Multi-Year Subscription)

$745 m$1.04 b$1.17 b

Countries (Customers)

30

Countries (Offices)

7

Enterprise Customers

849 1 k

Medidata Employee Rating

4.2330 votes
Culture & Values
4.4
Work/Life Balance
4.2
Senior Management
3.9
Salary & Benefits
4.2
Career Opportunities
4.0
Source