Mindbody Business Management Software is trusted by thousands of clients in over 80 countries to manage and grow their businesses. Named one of the top software companies in the US by Inc. magazine, Mindbody helps businesses leverage technology to streamline operations and make their services more accessible to their clients. The Mindbody mission is to leverage technology to improve the wellness of the world. And, we walk our talk. Mindbody employees can choose to participate in the corporate Wellness program, supporting our local clients. Many of our team members are artists or yoga, gyrotonic, and fitness instructors — all of which Mindbody encourages. Construction of our office building was done naturally and progressively, including a recycling program.

Company Growth (employees)
Type
Public
HQ
San Luis Obispo, US
Founded
2001
Size (employees)
1,344 (est)
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
East Hampton, US
19 74 Montauk Hwy

Mindbody Data and Metrics

Mindbody Financial Metrics

Mindbody's revenue was reported to be $139 m in FY, 2016 which is a 37% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

139 m

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

37%

Gross profit (FY, 2016)

95.9 m

Gross profit margin (FY, 2016), %

69%

Net income (FY, 2016)

(23 m)

EBIT (FY, 2016)

(21.3 m)

Market capitalization (26-May-2017)

1.2 b

Closing share price (26-May-2017)

28

Cash (31-Dec-2016)

85.9 m
Mindbody's current market capitalization is $1.2 b.
Numbers are in $, 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)
Numbers are in $, 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

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
Numbers are in $, 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
Numbers are in $, USDY, 2016

Revenue/Employee

105.9 k

Financial Leverage

1.4 x

Mindbody Operating Metrics

Mindbody's Subscribers was reported to be 51.5 k in FY, 2015
FY, 2014FY, 2015FY, 2016

Payments Volume

$4.1 b$5.1 b$6.47 b

Average Monthly Revenue per Subscriber

$155$182$205

Subscribers

40.52 k51.48 k60.39 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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