OverviewSuggest Edit

Mimecast is a company developing email security and archiving cloud solutions. It offers a SaaS Cyber Resilience Platform aimed at protecting organizations from cyberattacks, human errors, and technical failures, and enabling them to implement a comprehensive cyber resilience strategy. The company serves healthcare, manufacturing, information technology, construction, financial services, legal, and public sector markets.

TypePublic
Founded2003
HQLondon, GB
Websitemimecast.com
Employee Ratings3.8
Overall CultureA+

Latest Updates

Employees (est.) (Mar 2020)1,800(+20%)
Job Openings3
Revenue (FY, 2019)$340.4 M(+30%)
Share Price (Jul 2021)$56.2
Cybersecurity ratingCMore

Key People/Management at Mimecast

Peter Bauer

Peter Bauer

Co-Founder, CEO, Director
Robert Nault

Robert Nault

Senior Vice President and General Counsel
David Raissipour

David Raissipour

Chief Technology & Product Officer
Nathaniel Borenstein

Nathaniel Borenstein

Chief Scientist
Bernd Leger

Bernd Leger

Chief Marketing Officer
Karen Anderson

Karen Anderson

Chief Human Resources Officer
Show more

Mimecast Office Locations

Mimecast has offices in London, Chicago, Irving, Lexington and in 10 other locations
London, GB (HQ)
1 Finsbury Ave
Melbourne, AU
Level 3 55 Southbank Boulevard
Sydney, AU
Level 8/88 Phillip St
München, DE
Kistlerhofstraße 172
München, DE
Lyonel-Feininger-Straße 26
Tel Aviv-Yafo, IL
Derech Menachem Begin 154
Show all (15)

Mimecast Financials and Metrics

Mimecast Revenue

Embed Graph
View revenue for all periods
Mimecast's revenue was reported to be $340.38 m in FY, 2019 which is a 30% increase from the previous period.
USD

Revenue (Q2, 2020)

103.4m

Gross profit (Q2, 2020)

77.2m

Gross profit margin (Q2, 2020), %

74.7%

Net income (Q2, 2020)

(921.0k)

EBIT (Q2, 2020)

(18.0k)

Market capitalization (22-Jul-2021)

3.6b

Closing stock price (22-Jul-2021)

56.2

Cash (30-Sept-2019)

191.2m

EV

3.7b
Mimecast's current market capitalization is $3.6 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

141.8m186.6m261.9m340.4m

Revenue growth, %

32%40%30%

Cost of goods sold

41.8m50.3m69.7m90.9m

Gross profit

100.0m136.2m192.2m249.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

78.4m82.2m87.6m99.2m103.4m

Cost of goods sold

21.0m21.9m23.3m25.5m26.1m

Gross profit

57.4m60.2m64.4m73.8m77.2m

Gross profit Margin, %

73%73%73%74%75%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

106.1m51.3m78.3m137.6m

Accounts Receivable

33.7m44.4m65.4m81.0m

Prepaid Expenses

7.4m10.1m15.3m25.9m

Current Assets

147.2m166.1m217.9m288.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

107.5m118.9m135.7m174.8m191.2m

Accounts Receivable

56.7m60.0m64.6m68.5m70.2m

Prepaid Expenses

13.3m12.3m14.0m15.6m17.9m

Current Assets

225.0m222.9m242.3m289.8m296.8m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(3.2m)(5.4m)(12.4m)(7.0m)

Depreciation and Amortization

10.5m11.9m19.0m36.7m

Accounts Payable

(542.0k)758.0k(104.0k)2.1m

Cash From Operating Activities

24.6m32.5m46.4m66.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(3.5m)(5.5m)(5.1m)(4.0m)(4.9m)

Depreciation and Amortization

6.9m(14.3m)22.0m9.7m15.0m

Accounts Payable

108.0k3.0m2.5m(808.0k)2.1m

Cash From Operating Activities

16.6m29.1m47.9m(4.7m)46.2m
USDFY, 2016

Revenue/Employee

237.0k

Debt/Equity

0.1 x

Financial Leverage

2.2 x
Show all financial metrics

Mimecast Operating Metrics

Mimecast's Customers was reported to be 36.1 k in Q2, 2020.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Customers

18 k26.4 k30.4 k31.3 k32.2 k33.3 k34.4 k35.3 k36.1 k

Net Customer Additions

1.8 k1.9 k1.9 k3.1 k1.5 k9009001.1 k1.2 k9009001 k1.1 k900800

Retention Rate

109%110%111%112%111%111%111%111%110%110%110%110%111%111%110%

Patents (US)

3812121414151515
Show all operating metrics

Mimecast Acquisitions / Subsidiaries

Company NameDateDeal Size
SegasecJanuary 07, 2020
DMARC AnalyzerNovember 14, 2019
Simply MigrateJanuary 29, 2019
SolebitJuly 31, 2018$100 m
AtaataJuly 11, 2018
isheriffNovember 23, 2016
Mimecast Australia Pty Ltd.
Mimecast Development Ltd.
Mimecast Germany GmbH
Mimecast Israel Ltd.
Show more

Mimecast Revenue Breakdown

Embed Graph

Mimecast revenue breakdown by geographic segment: 13.6% from South Africa , 30.5% from UK, 49.7% from US and 6.1% from Other

Mimecast Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Mimecast Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Mimecast Online and Social Media Presence

Embed Graph

Mimecast Company Culture

  • Overall Culture

    A+

    87/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A

    83/100

Learn more on Comparably

Mimecast News and Updates

Mimecast launches AI-enabled solution designed to help organizations protect against the most evasive and hard-to-detect email threats

The Mimecast CyberGraph™ solution uses AI to help improve detection and reduce risk The Mimecast CyberGraph™ solution uses AI to help improve detection and reduce risk

Mimecast to Report First Quarter 2022 Financial Results on August 3, 2021

LEXINGTON, Mass., July 13, 2021 (GLOBE NEWSWIRE) -- Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today announced it will issue a press release reporting financial results for the first quarter of fiscal year 2022 ended June 30, 2021, before the market ope…

Mimecast Names David Raissipour as Chief Technology & Product Officer

Appointment will accelerate innovation and market leadership, driving new enterprise business Appointment will accelerate innovation and market leadership, driving new enterprise business

Mimecast, PagerDuty: These Fast Growing Mid-Cap Software Stocks Could Be Ready To Improve

Our theme of Mid-Cap SaaS Stocks has underperformed, declining by about 18% year-to-date, driven by the broader correction in cloud software names this year. This performance is worse than the broader Nasdaq-100, which is up about 7% over the same period...

Mimecast to Present at Cowen’s 49th Annual Technology, Media & Telecom Conference

LEXINGTON, Mass., May 27, 2021 (GLOBE NEWSWIRE) -- Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today announced Chief Financial Officer Rafe Brown, will present at the Cowen 49th Annual Technology, Media & Telecom Conference.  Mimecast’s presentation …

Mimecast Cloud Archive, Supervision Named Best Regulatory Compliance Solution at 2021 SC Awards

LEXINGTON, Mass., May 25, 2021 (GLOBE NEWSWIRE) -- Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, has won the Excellence Award in the Best Regulatory Compliance Solution at the 2021 SC Awards for its enterprise information archiving solution, Mimecast Cloud…
Show more

Mimecast Blogs

Complete Guide to Google Workspace DMARC Record Setup

How to protect your business and your brand from spoofing by setting up DMARC in Google Workspace. Key Points: Implementing the DMARC email authentication protocol in Google Workspace can safeguard your brand. DMARC policies can be set to reject, qu…

Data Encryption: How to Protect Data in Transit, Data in Use and Data at Rest

With data growing in volume and scope, companies need to know the best encryption methods for the three states of data to keep their information secure.   Key Points Data encryption is a core component of modern data protection strategy, helpin…

POPIA Poses Privacy Conundrum: How to Archive Email?

South Africa’s New Privacy Law Requires Data Archives That Prevent Tampering Yet At The Same Time Allow Corrections. Key Points: Companies must safeguard South African citizens’ personal information from unauthorized access and tampering…

Falling Short? Data Protection and Microsoft Teams

A new white paper examines the archiving and data protection challenges created by the widespread adoption of Microsoft’s popular collaboration platform. Key Points: The adoption of Microsoft Teams has exploded over the past year, as the pande…

Mimecast’s Diversity, Equity, and Inclusion Journey

Last year marked a turning point in the global dialogue as it relates to diversity, equity, and inclusion (DEI). The call for racial justice was prevalent across front pages around the world, and it was a call heard by millions. Mimecast believes com…

Episode #11 of Phishy Business: Resilience – a key component to sporting (and cyber) success

We’re gearing up for a summer of sporting excellence this year with the delayed Summer Olympics and Paralympics. On this week’s episode, we speak to Dutch Paralympian and world champion, Jetze Plat, and his coach and sports doctor Guido V…
Show more

Mimecast Frequently Asked Questions

  • When was Mimecast founded?

    Mimecast was founded in 2003.

  • Who are Mimecast key executives?

    Mimecast's key executives are Peter Bauer, Robert Nault and David Raissipour.

  • How many employees does Mimecast have?

    Mimecast has 1,800 employees.

  • What is Mimecast revenue?

    Latest Mimecast annual revenue is $340.4 m.

  • What is Mimecast revenue per employee?

    Latest Mimecast revenue per employee is $189.1 k.

  • Who are Mimecast competitors?

    Competitors of Mimecast include New Era Technology, Global Relay and Cyren.

  • Where is Mimecast headquarters?

    Mimecast headquarters is located at 1 Finsbury Ave, London.

  • Where are Mimecast offices?

    Mimecast has offices in London, Chicago, Irving, Lexington and in 10 other locations.

  • How many offices does Mimecast have?

    Mimecast has 15 offices.