$309.6 M

Mitel Revenue Q3, 2018
Mitel Gross profit (Q3, 2018)181.1 M
Mitel Gross profit margin (Q3, 2018), %58.5%
Mitel Net income (Q3, 2018)-6.7 M
Mitel EBIT (Q3, 2018)4.3 M
Mitel Cash, 30-Sept-201845 M
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Mitel Revenue

Mitel revenue was $1.06 b in FY, 2017 which is a 7.2% year over year increase from the previous period.

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Mitel Funding

Summary Metrics

Founding Date

1972

Mitel Revenue Breakdown

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Mitel revenue breakdown by business segment: 16.6% from Cloud and 83.4% from Enterprise

Mitel Income Statement

Annual

USDFY, 2016FY, 2017

Revenue

987.6m1.1b

Revenue growth, %

(4%)7%

Cost of goods sold

455.6m480.2m

Gross profit

532.0m578.9m

Gross profit Margin, %

54%55%

R&D expense

96.5m104.5m

General and administrative expense

339.8m367.9m

Operating expense total

482.2m610.7m

Depreciation and amortization

35.1m54.9m

EBIT

49.8m(31.8m)

EBIT margin, %

5%(3%)

Interest expense

16.8m18.7m

Pre tax profit

33.7m(68.6m)

Income tax expense

15.7m6.2m

Net Income

17.0m(48.3m)

Quarterly

Mitel Balance Sheet

Annual

USDFY, 2016FY, 2017

Cash

97.3m43.3m

Accounts Receivable

186.3m241.0m

Inventories

74.9m84.2m

Current Assets

543.3m451.2m

PP&E

39.1m53.2m

Goodwill

346.3m535.9m

Total Assets

1.6b1.6b

Accounts Payable

200.6m260.8m

Short-term debt

38.9m17.1m

Current Liabilities

385.8m438.7m

Long-term debt

547.1m612.0m

Total Debt

586.0m629.1m

Total Liabilities

1.2b1.3b

Common Stock

1.4b1.5b

Additional Paid-in Capital

57.1m

Retained Earnings

(946.7m)(990.6m)

Total Equity

382.9m345.7m

Debt to Equity Ratio

1.5 x

Debt to Assets Ratio

0.4 x

Financial Leverage

4.1 x4.7 x

Mitel Cash Flow

Annual

USDFY, 2016FY, 2017

Net Income

(217.3m)(49.7m)

Depreciation and Amortization

100.7m76.0m

Cash From Operating Activities

99.7m36.7m

Purchases of PP&E

(17.3m)(19.2m)

Cash From Investing Activities

(17.3m)(93.3m)

Long-term Borrowings

(154.2m)(919.6m)

Cash From Financing Activities

(69.0m)(6.5m)

Net Change in Cash

9.2m(57.5m)

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(21.1m)(21.1m)(12.3m)(21.0m)(5.6m)(12.3m)

Depreciation and Amortization

12.8m25.9m101.1m34.4m68.6m101.1m

Cash From Operating Activities

10.7m1.7m115.0m29.7m60.6m115.0m

Purchases of PP&E

(4.3m)(8.5m)(10.8m)(3.4m)(8.5m)(10.8m)

Cash From Investing Activities

316.0m328.4m30.7m(3.4m)33.0m30.7m

Long-term Borrowings

(2.4m)(65.6m)(306.9m)(100.8m)(234.0m)(306.9m)

Cash From Financing Activities

(372.4m)(384.4m)(141.8m)(25.8m)(95.5m)(141.8m)

Net Change in Cash

(44.3m)(50.0m)1.5m1.8m(4.5m)1.5m

Mitel Ratios

USDFY, 2016

Debt/Equity

1.5 x

Debt/Assets

0.4 x

Financial Leverage

4.1 x

Mitel Operating Metrics

Mitel's Users was reported to be 70 m in Q3, 2018.
FY, 2016Q1, 2017Q2, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

Channel Partners

2 k4 k

Cloud Communications End Users

3 m3.26 m3 m

Countries

100100

Patents and Patent Applications

1.6 k1.6 k

Recurring Cloud Users

588 k

Users

60 m60 m70 m70 m70 m70 m

Mitel Employee Rating

3.5586 votes
Culture & Values
3.2
Work/Life Balance
3.4
Senior Management
2.7
Salary & Benefits
3
Career Opportunities
2.9
Source