Mimecast

Mimecast is a rapidly expanding Software as a Service (SAAS) company. The provide an online technology platform that radically improves the way companies manage their most important business communication and data. Every day Mimecast takes care of millions of emails and documents for thousands of companies around the world. Our offices are staffed with exceptional people in London UK, Boston USA, South Africa, and Jersey.
Company Growth (employees)
Type
Public
HQ
London, GB
Founded
2002
Size (employees)
703 (est)+14%
Mimecast was founded in 2002 and is headquartered in London, GB

Key People at Mimecast

Peter Bauer

Peter Bauer

Chief Executive Officer
Neil Murray

Neil Murray

Chief Technology Officer
Nathaniel Borenstein

Nathaniel Borenstein

Chief Scientist

Mimecast Office Locations

Mimecast has offices in London, Watertown, Chicago, Irving and in 6 other locations
London, GB (HQ)
Moorgate
Jersey, JE
Grenville St
North Sydney, AU
40 100 Miller St
Southbank, AU
3 55 Southbank Blvd
Cape Town, ZA
Fir St
Sandton, ZA
150 Linden St
San Francisco, US
1300 301 Howard St
Irving, US
1950n 222 West Las Colinas Boulevard
Chicago, US
508 212 W Superior St
Watertown, US
480 Pleasant St

Mimecast Data and Metrics

Mimecast Financial Metrics

Mimecast's revenue was reported to be £36.7 m in FY, 2016 which is a 74% decrease from the previous period.
GBP

Revenue (FY, 2016)

36.7 m

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

21%

Gross profit (FY, 2016)

25.3 m

Gross profit margin (FY, 2016), %

69%

Net income (FY, 2016)

1.4 m

Market capitalization (23-Jun-2017)

1.5 b

Closing share price (23-Jun-2017)

26.2

Cash (31-Mar-2016)

9.1 m
Mimecast's current market capitalization is $1.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

88.3 m116.1 m141.8 m36.7 m

Revenue growth, %

31%22%21%

Cost of goods sold

2.4 m7.5 m10 m11.4 m

Gross profit

85.9 m108.5 m131.8 m25.3 m

Gross profit Margin, %

97%93%93%69%

Operating expense total

22 m17.8 m15.4 m22.6 m

Pre tax profit

(2.9 m)3.9 m1.6 m

Net Income

(1.9 m)3.9 m1.4 m
GBPFY, 2014FY, 2015FY, 2016

Cash

2.6 m5.8 m9.1 m

Accounts Receivable

8 m9 m24.3 m

Current Assets

18.6 m25.4 m33.4 m

PP&E

6.8 m6.6 m5.4 m

Total Assets

25.4 m32 m38.8 m

Accounts Payable

2.1 m1.8 m453.4 k

Current Liabilities

23.8 m28.4 m33.6 m

Retained Earnings

(1.9 m)3.9 m1.4 m

Total Equity

(20.6 m)(16.1 m)(13.3 m)

Financial Leverage

-1.2 x-2 x-2.9 x
GBPFY, 2014FY, 2016

Income Taxes Paid

987 k(211.1 k)
GBPY, 2016

Revenue/Employee

61.3 k

Financial Leverage

-2.9 x

Mimecast Operating Metrics

Mimecast's Subscribers was reported to be 53.8 k in FY, 2017, which is a 39% increase from the previous period. Mimecast's Customers was reported to be 26.4 k in FY, 2017, which is a 47% increase from the previous period
Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017FY, 2017

Net Customer Additions

1.8 k1.9 k1.9 k3.1 k1.5 k

Retention Rate

109%110%111%112%111%

Customers

15.2 k18 k26.4 k

Patents Pending (US)

1114

Emails Processed per Day

210 m307 m

Emails Stored

130 b190 b

Subscribers

38.6 k53.8 k

Patents (US)

38

Patents (foreign)

14

Patents Pending (foreign)

55

Data Centers

10

Mimecast Market Value History

Mimecast Revenue Breakdown

Mimecast Online and Social Media Presence

Mimecast News and Updates

Mimecast Company Life and Culture

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