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.

Employee Rating

3.5More
TypePublic
HQSan Luis Obispo, US
Founded2001
Size (employees)1,661 (est)+16%
Websitemindbodyonline.com
MINDBODY was founded in 2001 and is headquartered in San Luis Obispo, US
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Key People/Management at MINDBODY

Rick Stollmeyer

Rick Stollmeyer

Co-Founder & Chief Executive Officer
Mike Mansbach

Mike Mansbach

President
Brett White

Brett White

Chief Operating Officer & Chief Financial Officer
Kimberly Lytikainen

Kimberly Lytikainen

Chief Legal Officer, Corporate Secretary & Compliance Officer
Mark Baker

Mark Baker

Chief Revenue Officer
Josh McCarter

Josh McCarter

Chief Strategy Officer
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MINDBODY Office Locations

MINDBODY has offices in Scottsdale, Austin, Santa Maria, Surry Hills and in 2 other locations
San Luis Obispo, US (HQ)
220 4051 Broad St
Austin, US
3300 N Interstate Hwy 35
Santa Maria, US
a 2811 Airpark Dr
Scottsdale, US
1355 N Scottsdale Rd
Surry Hills, AU
201 64-76 Kippax St
London, GB
1 New Change
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MINDBODY Financials and Metrics

MINDBODY Revenue

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MINDBODY's revenue was reported to be $182.63 m in FY, 2017
USD

Revenue (Q3, 2018)

63.8m

Gross profit (Q3, 2018)

43.6m

Gross profit margin (Q3, 2018), %

68.3%

Net income (Q3, 2018)

(17.2m)

EBIT (Q3, 2018)

(14.5m)

Market capitalization (9-Nov-2018)

1.3b

Closing stock price (9-Nov-2018)

26.8

Cash (30-Sep-2018)

154.1m
MINDBODY's current market capitalization is $1.3 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

48.7m70.0m101.4m139.0m182.6m

Revenue growth, %

44%45%37%

Cost of goods sold

21.9m30.0m37.2m43.1m51.9m

Gross profit

26.8m40.0m64.2m95.9m130.8m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

24.8m26.1m32.0m33.6m35.3m42.2m44.1m46.6m53.8m61.6m63.8m

Cost of goods sold

8.8m9.6m10.0m10.7m11.0m12.0m12.7m13.1m15.4m19.4m20.2m

Gross profit

16.0m16.5m22.0m22.8m24.3m30.2m31.4m33.5m38.4m42.2m43.6m

Gross profit Margin, %

64%63%69%68%69%72%71%72%71%68%68%
Annual
usdY, 2012Y, 2013Y, 2014FY, 2015FY, 2016FY, 2017

Cash

25.9m9.5m34.7m93.4m85.9m232.0m

Accounts Receivable

9.1m10.9m

Inventories

3.1m3.7m

Current Assets

103.1m98.7m248.5m
Quarterly
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(36.1m)(23.0m)(14.8m)

Depreciation and Amortization

6.5m7.8m9.2m

Inventories

(526.0k)(638.0k)

Accounts Payable

722.0k92.0k2.0m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(16.7m)(26.3m)(6.6m)(13.1m)(19.0m)(3.9m)(11.9m)(1.7m)(18.6m)(35.8m)

Depreciation and Amortization

2.8m4.7m1.8m3.7m5.7m2.1m6.7m2.6m8.0m13.5m

Accounts Payable

58.0k626.0k(434.0k)(73.0k)(52.0k)294.0k1.7m1.1m(2.4m)(1.1m)

Cash From Operating Activities

(9.4m)(13.9m)(2.7m)(3.7m)(4.1m)1.0m5.5m55.0k(5.1m)(7.5m)
USDY, 2018

Financial Leverage

2 x
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MINDBODY Operating Metrics

MINDBODY's Subscribers was reported to be 59 k in Q3, 2017. MINDBODY's Active Customers was reported to be 40 m in Q3, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017

Subscribers

40.52 k42.70 k45.67 k48.65 k51.48 k51.48 k53.60 k55.77 k58.57 k60.39 k60.39 k59.92 k59.35 k59.03 k

Payments' Volume

$4.10 b$1.17 b$1.25 b$1.28 b$1.37 b$5.10 b$1.52 b$1.60 b$1.61 b$1.74 b$6.47 b$1.86 b$1.90 b$2 b

Average Monthly Revenue per Subscriber

$155 $174 $185 $182 $185 $182 $201 $202 $204 $212 $205 $230 $244 $259

Active Customers

28 m30 m37 m40 m
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MINDBODY Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Booker SoftwareMarch 12, 2018$150 m

MINDBODY Revenue Breakdown

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MINDBODY revenue breakdown by business segment: 59.6% from Subscription and services , 38.7% from Payments and 1.7% from Other

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MINDBODY Online and Social Media Presence

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MINDBODY News and Updates

MINDBODY to Host Analyst Day on Tuesday, September 18, 2018

SAN LUIS OBISPO, Calif., Sept. 12, 2018 (GLOBE NEWSWIRE) -- MINDBODY, Inc. (NASDAQ:MB), the leading technology platform for the fitness, beauty and wellness services industries, today announced that it will host an Analyst Day in San Diego, CA on Tuesday, September 18, 2018  from 1:00 pm PT to 5:0…

Strava Gym & Studio Sync Partner MINDBODY Connects 5 Million+ Classes and Workouts

SAN FRANCISCO, Aug. 20, 2018 /PRNewswire/ -- Strava, the social network for athletes, today announces its newest Gym & Studio Sync partner, MINDBODY (NASDAQ: MB), the world's leading booking platform for fitness classes. Through Strava's Gym and Studio Sync program, athletes can...
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MINDBODY Blogs

I.C.Y.M.I: The Latest in Wellness Trends

If you attended this year’s BOLD Conference, it’s likely you walked away with inspiration and enthusiasm to finish 2018 strong. And why wouldn’t you? If you attended our State of the Industry presentation, you know the wellness industry is booming. But just in case you missed the conference, or sim…

Your Studio Can Help Prevent Breast Cancer. Here’s How.

This October, for Breast Cancer Awareness month, MINDBODY and the Keep A Breast Foundation are joining forces for the national Fit 4 Prevention campaign, focusing on how exercise can help people lower their risk of breast cancer.   Vote …

How MINDBODY Supports Fitness Businesses

The future of your business is in good hands with MINDBODY. Our software enables you to manage your business no matter where your day takes you, find and retain customers, and grow—all from day one. Vote 11

Introducing the MINDBODY Visionary Awards

Today, we’re celebrating all of the work that you do by launching a new award program recognizing the efforts of businesses from around the world. 18 Undo vote

MINDBODY Company Life and Culture

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MINDBODY Frequently Asked Questions

  • When was MINDBODY founded?

    MINDBODY was founded in 2001.

  • Who are MINDBODY key executives?

    MINDBODY's key executives are Rick Stollmeyer, Mike Mansbach and Brett White.

  • How many employees does MINDBODY have?

    MINDBODY has 1,661 employees.

  • What is MINDBODY revenue?

    Latest MINDBODY annual revenue is $182.6 m.

  • What is MINDBODY revenue per employee?

    Latest MINDBODY revenue per employee is $109.9 k.

  • Who are MINDBODY competitors?

    Competitors of MINDBODY include Booker Software, Pear Sports and Rogue Wave Software.

  • Where is MINDBODY headquarters?

    MINDBODY headquarters is located at 220 4051 Broad St, San Luis Obispo.

  • Where are MINDBODY offices?

    MINDBODY has offices in Scottsdale, Austin, Santa Maria, Surry Hills and in 2 other locations.

  • How many offices does MINDBODY have?

    MINDBODY has 6 offices.