Model N helps its customers maximize their revenues by maximizing sell time, revenues per opportunity and number of opportunities. Model N Cloud solutions manage every dollar that impacts the customer’s top line and transforms the revenue lifecycle from a series of disjointed operations into a strategic end-to-end process. With deep industry expertise, Model N supports the unique business needs of life science and technology companies across more than 100 countries. Global customers include: Actavis, Allergan, Amgen, Atmel, Boston Scientific, Bristol-Myers Squibb, Dell, Johnson & Johnson, Linear Technology, Merck, Marvell, Maxim, Micron, Nokia, Novartis, Novo Nordisk, ON Semiconductor, and STMicroelectronics.
Type
Public
HQ
Redwood City, US
Founded
1999
Size (employees)
814 (est)+13%
Website
modeln.com
Model N was founded in 1999 and is headquartered in Redwood City, US

Model N Office Locations

Model N has offices in Redwood City, Waltham, Chicago, Lincolnshire and in 6 other locations
Redwood City, US (HQ)
400 1600 Seaport Blvd
Chertsey, GB
3000 Hillswood Dr.
Genève, CH
14 Rue Du Rhône
Princeton, US
202 500 College Rd E
Irvine, US
19100 Von Karman Ave
Denver, US
1200 1875 Lawrence St
Lincolnshire, US
166 250 Parkway Dr
Chicago, US
1000 200 S Michigan Ave
Waltham, US
1432 Main St

Model N Data and Metrics

Model N Financial Metrics

Model N's revenue was reported to be $107 m in 2016 which is a 14% increase from the previous period.
Numbers are in $, USD

Revenue (Y, 2016)

107 m

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

14%

Gross profit (Y, 2016)

53.3 m

Gross profit margin (Y, 2016), %

50%

Net income (Y, 2016)

(33.1 m)

EBIT (Y, 2016)

(32.7 m)

Market capitalization (21-Jun-2017)

377.3 m

Closing share price (21-Jun-2017)

13

Cash (30-Sep-2016)

66.1 m
Model N's current market capitalization is $377.3 m.
Y, 2013Y, 2014Y, 2015Y, 2016

Revenue

101.9 m81.8 m93.8 m107 m

Revenue growth, %

(20%)15%14%

Cost of goods sold

46.2 m37.7 m41.6 m53.7 m

Gross profit

55.7 m44 m52.2 m53.3 m

Gross profit Margin, %

55%54%56%50%

Operating expense total

55.2 m64.4 m71.3 m86 m

EBIT

528 k(20.4 m)(19.1 m)(32.7 m)

EBIT margin, %

1%(25%)(20%)(31%)

Interest expense

357 k

Interest income

50 k

Pre tax profit

(487 k)(20.5 m)(19.1 m)(32.8 m)

Income tax expense

439 k384 k528 k335 k

Net Income

(926 k)(20.9 m)(19.6 m)(33.1 m)
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

103.4 m101 m91 m66.1 m

Accounts Receivable

16.1 m

Current Assets

123.5 m118.9 m111 m92.8 m

PP&E

7.9 m6.9 m7.6 m6.1 m

Goodwill

1.5 m1.5 m1.5 m6.9 m

Total Assets

134.5 m129.1 m122 m113 m

Accounts Payable

468 k1.4 m1.6 m3.3 m

Current Liabilities

36.7 m36.5 m36.1 m44.2 m

Additional Paid-in Capital

156 m172.2 m186.2 m202.5 m

Retained Earnings

(62.1 m)(83 m)(102.6 m)(135.7 m)

Total Equity

93.6 m89 m83.1 m66.2 m

Financial Leverage

1.4 x1.5 x1.5 x1.7 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(926 k)(20.9 m)(19.6 m)(33.1 m)

Depreciation and Amortization

1.9 m3.4 m4.1 m5.9 m

Accounts Receivable

(3.7 m)983 k(925 k)(2.9 m)

Accounts Payable

264 k685 k457 k1.5 m

Cash From Operating Activities

(414 k)(6.1 m)(8.8 m)(12.3 m)

Purchases of PP&E

(1.4 m)(1.8 m)(2.1 m)(2.1 m)

Cash From Investing Activities

(5.1 m)(2.2 m)(4.6 m)(15.8 m)

Cash From Financing Activities

93.2 m5.9 m3.5 m3.3 m

Interest Paid

298 k11 k

Income Taxes Paid

270 k246 k364 k233 k
Y, 2016

Financial Leverage

1.7 x

Model N Operating Metrics

Model N's Enterprise Customers was reported to be 150 in Feb, 2017. Model N's Customers was reported to be 122 in FY, 2016, which is a 45% increase from the previous period. Model N's Patent Applications was reported to be 6 in FY, 2016, which is a 20% increase from the previous period
FY, 2013FY, 2014FY, 2015FY, 2016FY, 2016Feb, 2017

Enterprise Customers

698084122150

Customers

8084122

Patent Applications

456

Patents Granted

5

Customers, consumer

27 m

Model N Market Value History

Model N Median Salaries

Source: 207 public H-1B filings from Model N

Model N Online and Social Media Presence

Model N News and Updates

Model N Company Life and Culture

You may also be interested in