MINDBODY is a provider of a cloud-based business management software and payments platform for health and fitness providers. The Company's business management software streamlines day-to-day tasks and saves time with automation, online booking and payments, client relationship and marketing tools, staff scheduling, point of sale tools and business metrics. 

MINDBODY’s web and mobile solutions cater to various sectors in the wellness and beauty industries including pilates, yoga, health club, personal training, martial arts, salon, and dance.

Company Growth (employees)
Type
Public
HQ
San Luis Obispo, US
Founded
2001
Size (employees)
1,444 (est)+8%
MINDBODY was founded in 2001 and is headquartered in San Luis Obispo, US

Key People at MINDBODY

Rick Stollmeyer

Rick Stollmeyer

Co-Founder & Chief Executive Officer

MINDBODY Office Locations

MINDBODY has offices in San Luis Obispo, East Hampton, Greater London, Surry Hills and in 9 other locations
San Luis Obispo, US (HQ)
220 4051 Broad St
Austin, US
100 2499 S Capital Of Texas Hwy
Scottsdale, US
1475 N Scottsdale Rd
Santa Maria, US
2811 Airpark Dr
Surry Hills, AU
64 76 Kippax St
Greater London, GB
2 Clerkenwell Green
Show all (13)

MINDBODY Data and Metrics

MINDBODY Financial Metrics

MINDBODY's revenue was reported to be $42.2 m in Q1, 2017
USD

Revenue (Q1, 2017)

42.2 m

Gross profit (Q1, 2017)

30.2 m

Gross profit margin (Q1, 2017), %

72%

Net income (Q1, 2017)

(3.9 m)

EBIT (Q1, 2017)

(3.5 m)

Market capitalization (25-Jul-2017)

1.1 b

Cash (31-Mar-2017)

87.9 m
MINDBODY's current market capitalization is $1.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

48.7 m70 m101.4 m139 m

Revenue growth, %

44%45%37%

Cost of goods sold

21.9 m30 m37.2 m43.1 m

Gross profit

26.8 m40 m64.2 m95.9 m

Gross profit Margin, %

55%57%63%69%

Sales and marketing expense

21 m30.9 m46.3 m56.5 m

R&D expense

10.5 m16.2 m23.1 m30.3 m

General and administrative expense

10.7 m18.4 m29.5 m30.5 m

Operating expense total

42.6 m65.5 m98.9 m117.3 m

EBIT

(15.8 m)(24.1 m)(34.7 m)(21.3 m)

EBIT margin, %

(33%)(34%)(34%)(15%)

Interest expense

21 k68 k(955 k)(1.1 m)

Interest income

12 k

Pre tax profit

(16.2 m)(24.5 m)(35.8 m)(22.7 m)

Income tax expense

63 k116 k246 k321 k

Net Income

(16.2 m)(24.6 m)(36.1 m)(23 m)
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

24.8 m26.1 m32 m33.6 m35.3 m42.2 m

Cost of goods sold

8.8 m9.6 m10 m10.7 m11 m12 m

Gross profit

16 m16.5 m22 m22.8 m24.3 m30.2 m

Gross profit Margin, %

64%63%69%68%69%72%

Sales and marketing expense

11.8 m12.4 m13.2 m13.7 m14.6 m16.3 m

R&D expense

5.5 m6 m7.4 m7.6 m7.7 m8.6 m

General and administrative expense

7.3 m7.3 m7.5 m7.7 m7.3 m8.7 m

Operating expense total

24.6 m25.7 m28.2 m29 m29.7 m33.7 m

EBIT

(8.6 m)(9.2 m)(6.1 m)(6.1 m)(5.4 m)(3.5 m)

EBIT margin, %

(35%)(35%)(19%)(18%)(15%)(8%)

Interest expense

(266 k)(337 k)(328 k)(332 k)(261 k)(214 k)

Interest income

3 k2 k16 k40 k

Pre tax profit

(8.8 m)(9.5 m)(6.5 m)(6.5 m)(5.8 m)(3.8 m)

Income tax expense

62 k101 k73 k64 k142 k142 k

Net Income

(8.8 m)(9.6 m)(6.6 m)(6.6 m)(5.9 m)(3.9 m)
USDY, 2012Y, 2013Y, 2014FY, 2015FY, 2016

Cash

25.9 m9.5 m34.7 m93.4 m85.9 m

Accounts Receivable

9.1 m

Inventories

3.1 m3.7 m

Current Assets

103.1 m98.7 m

PP&E

31.8 m33.1 m

Goodwill

5.4 m9 m

Total Assets

141.4 m143.5 m

Accounts Payable

4.4 m4.8 m

Current Liabilities

16.3 m20.7 m

Total Liabilities

41.9 m

Additional Paid-in Capital

270.4 m289.3 m

Retained Earnings

(164.4 m)(187.4 m)

Total Equity

105.8 m101.7 m

Financial Leverage

1.3 x1.4 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

106.8 m100.1 m91.5 m87.9 m86.3 m87.9 m

Accounts Receivable

9.9 m

Current Assets

113.6 m109.1 m102.6 m99.6 m98.5 m101.9 m

PP&E

32.4 m32 m33.5 m34 m33.7 m32.4 m

Goodwill

5.4 m5.4 m5.4 m5.4 m9 m11.6 m

Total Assets

152.7 m147.7 m142.6 m140 m143.9 m153.2 m

Accounts Payable

5 m5 m6.4 m6.4 m5.5 m4.9 m

Current Liabilities

15.3 m16.7 m19.8 m20.9 m21.1 m23.2 m

Additional Paid-in Capital

264.8 m267.1 m274.3 m277 m285.6 m300.9 m

Retained Earnings

(145 m)(154.6 m)(171 m)(177.5 m)(183.4 m)(191.3 m)

Total Equity

119.6 m112.2 m103.1 m99.2 m102 m109.4 m

Financial Leverage

1.3 x1.3 x1.4 x1.4 x1.4 x1.4 x
USDFY, 2015FY, 2016

Net Income

(36.1 m)(23 m)

Depreciation and Amortization

6.5 m7.8 m

Accounts Receivable

(3.8 m)(2.6 m)

Inventories

(526 k)(638 k)

Accounts Payable

722 k92 k

Cash From Operating Activities

(18.6 m)(3.9 m)

Purchases of PP&E

(9.9 m)(8.6 m)

Cash From Investing Activities

(12.1 m)(12.7 m)

Cash From Financing Activities

89.5 m9.2 m

Interest Paid

934 k1.3 m

Income Taxes Paid

77 k226 k
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(8.8 m)(9.6 m)(6.6 m)(6.6 m)(5.9 m)(3.9 m)

Accounts Receivable

9.9 m

Accounts Payable

5 m5 m6.4 m6.4 m5.5 m4.9 m
USDY, 2017

Revenue/Employee

31.4 k

Financial Leverage

1.4 x

MINDBODY Operating Metrics

MINDBODY's Subscribers was reported to be 59.9 k in Q1, 2017. MINDBODY's Customers was reported to be 30 m in FY, 2016, which is a 7% increase from the previous period
FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017

Average Monthly Revenue per Subscriber

$155$174$185$182$185$182$201$202$204$212$205$230

Payments' Volume

$4.1 b$1.17 k$1.25 k$1.28 k$1.37 k$5.1 b$1.52 k$1.6 k$1.61 k$1.74 k$6.47 b$1.86 k

Subscribers

40.52 k42.7 k45.67 k48.65 k51.48 k51.48 k53.6 k55.77 k58.57 k60.39 k60.39 k59.92 k

Customers

28 m30 m

MINDBODY Market Value History

MINDBODY Revenue Breakdown

MINDBODY Job Categories

MINDBODY Online and Social Media Presence

MINDBODY News and Updates

MINDBODY Company Life and Culture

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