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 Openings32
Revenue (FY, 2019)$340.4 M(+30%)
Share Price (May 2021)$47.6(+3%)

Key People/Management at Mimecast

Peter Bauer

Peter Bauer

Co-Founder, CEO, Director
Robert Nault

Robert Nault

Senior Vice President and General Counsel
Nathaniel Borenstein

Nathaniel Borenstein

Chief Scientist
Karen Anderson

Karen Anderson

Chief Human Resources Officer
Rafe Brown

Rafe Brown

Chief Financial Officer
Christina Van Houten

Christina Van Houten

Chief Strategy Officer
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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

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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 (13-May-2021)

3.0b

Closing stock price (13-May-2021)

47.6

Cash (30-Sept-2019)

191.2m

EV

3.0b
Mimecast's current market capitalization is $3 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
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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.
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Mimecast Revenue Breakdown

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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 Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Mimecast Online and Social Media Presence

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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 Names Bernd Leger as Chief Marketing Officer

Search for Chief Technology and Product Officer Underway

Mimecast Announces Fourth Quarter and Full Year 2021 Financial Results

LEXINGTON, Mass., May 11, 2021 (GLOBE NEWSWIRE) -- Mimecast Limited (NASDAQ: MIME), a leading global provider of next generation cloud security and risk management services for email and corporate information, today announced financial results for the fourth fiscal quarter and fiscal year ended Ma…

Mimecast recognized with 2021 Gartner Peer Insights Customers’ Choice Distinction in Two Markets: Email Security and Enterprise Information Archiving

Based on Feedback by End-User Professionals Who Have Experience Implementing and Using Mimecast Solutions Based on Feedback by End-User Professionals Who Have Experience Implementing and Using Mimecast Solutions

Mimecast Report: 61% of Organizations Were Infected with Ransomware in 2020

Annual “The State of Email Security” report also finds 79% suffered disruption or financial loss due to cyber preparedness shortcomings Annual “The State of Email Security” report also finds 79% suffered disruption or financial loss due to cyber preparedness shortcomings

Remote Workers in the Crosshairs: Mimecast Publishes New Report Detailing Threat Actor Attacks During “The Year of Social Distancing”

Company researchers report a 48% rise in threat volume in the first year of the pandemic; Threat actor attack volume mirrors spiking COVID-19 infection rates in April and October 2020 Company researchers report a 48% rise in threat volume in the first year of the pandemic; Threat actor attack volume…

Mimecast to Present at the Morgan Stanley Technology, Media and Telecom Conference

LEXINGTON, Mass., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Mimecast Limited (NASDAQ: MIME), a leading security and cyber resilience company, today announced Peter Bauer, Mimecast Chief Executive Officer and Rafe Brown, Mimecast Chief Financial Officer, will present at the Morgan Stanley Technology, Media…
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Mimecast Blogs

A Guide to Web Application Penetration Testing

Web application penetration testing is necessary for securing web apps. From e-commerce to healthcare, web pen testing is essential to businesses today. Key Points: Web application penetration testing is essential for protecting data, and is distinc…

WildFire-Mimecast Integration Can Raise Enterprise Cyber Resilience

Integration with WildFire from Palo Alto Networks Gives Mimecast Users a New Level of Protection. Key Points: Whether turnkey or customized, integration with WildFire delivers another level of threat intelligence. Critical insights and diagnosis of …

Global Ransomware Surge Claims U.S. Oil Pipeline Victim

Nearly half the U.S. East Coast petroleum supply is disrupted by a ransomware attack. IT security professionals call ransomware a ‘terrifying’ menace. Key Points: Ransomware attack on Colonial Pipeline shuts down flow from Texas to the N…

5 Types of Phishing Attacks to Watch For

Phishing comes in many forms, as fraudsters work across email and other communications channels to steal from your company. Key Points: The types of phishing attacks have evolved and expanded from email to text, voice and social media. Fraudsters us…

Episode #6 of Phishy Business: Curious Cases of Identity Theft with Maria Genova

Maria Genova and Dr. Kiri Addison share lessons learned from unfortunate instances of identity theft.  Did you know it’s possible to be imprisoned on a database, but not in actual reality? While the idea may seem strange, this is the case…

Cultivating Cyber Resilience Stewards

Motivating users to take an active role in advancing your organization’s cybersecurity can be challenging. Gamifying their training is a promising approach to increasing engagement. Key Points: Cyber resilience stewards are employees who bolst…
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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 Nathaniel Borenstein.

  • 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.