Model N is the leading provider of Revenue Management solutions for the life sciences and technology industries. Driving mission-critical business processes such as configure, price and quote, contract and rebate management, business intelligence, and regulatory compliance, Model N solutions transform the revenue lifecycle from a series of disjointed operations into a strategic end-to-end process.

From developing and executing pricing, contracts, incentives, to rebates and regulatory compliance, the Company's Revenue Cloud delivers a single, integrated platform for managing every dollar that impacts one's business’s top-line.

Company Growth (employees)
Type
Public
HQ
Redwood City, US
Founded
1999
Size (employees)
814 (est)
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
Show all (10)

Model N Data and Metrics

Model N Financial Metrics

Model N's revenue was reported to be $33.3 m in Q2, 2017
USD

Revenue (Q2, 2017)

33.3 m

Gross profit (Q2, 2017)

17.2 m

Gross profit margin (Q2, 2017), %

52%

Net income (Q2, 2017)

(12.5 m)

EBIT (Q2, 2017)

(15 m)

Market capitalization (18-Aug-2017)

393.5 m

Cash (31-Mar-2017)

53.7 m
Model N's current market capitalization is $393.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 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)
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Revenue

19.3 m22.1 m22.7 m23.6 m24.5 m26.1 m27.9 m28.1 m33.3 m

Cost of goods sold

9.1 m9.5 m9.6 m10.9 m12.4 m13.8 m13.9 m13.8 m16 m

Gross profit

10.2 m12.6 m13.1 m12.7 m12.1 m12.2 m14.1 m14.2 m17.2 m

Gross profit Margin, %

53%57%58%54%49%47%50%51%52%

Sales and marketing expense

6.7 m6.7 m7.9 m7.7 m7.7 m8.3 m8 m8.7 m11.6 m

R&D expense

4.8 m4.5 m4.3 m4.4 m5.3 m6.2 m6.2 m6 m8.9 m

General and administrative expense

5.4 m5.6 m5.3 m6.3 m6.7 m6.6 m8.4 m7.2 m11.7 m

Operating expense total

16.9 m16.8 m17.4 m18.4 m19.7 m21.1 m22.6 m21.9 m32.2 m

EBIT

(6.7 m)(4.2 m)(4.3 m)(5.7 m)(7.7 m)(8.9 m)(8.5 m)(7.7 m)(15 m)

EBIT margin, %

(35%)(19%)(19%)(24%)(31%)(34%)(31%)(27%)(45%)

Interest income

33 k

Pre tax profit

(6.7 m)(4.2 m)(4.4 m)(5.7 m)(7.7 m)(8.9 m)(8.5 m)(7.5 m)(16.6 m)

Income tax expense

96 k135 k192 k80 k90 k29 k167 k134 k(4.1 m)

Net Income

(6.8 m)(4.3 m)(4.6 m)(5.8 m)(7.8 m)(8.9 m)(8.6 m)(7.6 m)(12.5 m)
USDFY, 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

Total Liabilities

46.8 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
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Cash

103.2 m96.4 m93.2 m93.8 m70.4 m70 m70.1 m52.4 m53.7 m

Accounts Receivable

17.9 m16.7 m18 m20.9 m

Current Assets

124.2 m115.8 m113.5 m118 m96.7 m97 m96 m77.4 m86.2 m

PP&E

6.8 m7.5 m7.7 m7.7 m7.5 m7 m6.6 m5.7 m6.4 m

Goodwill

1.5 m1.5 m1.5 m1.5 m6.9 m6.9 m6.9 m6.9 m39.3 m

Total Assets

134.5 m126.9 m124.9 m129.3 m119.5 m118.9 m117.1 m101.1 m175.6 m

Accounts Payable

255 k1.7 m2.6 m3.4 m1.5 m1.5 m2.3 m3.8 m3.8 m

Current Liabilities

40.1 m36.6 m35.6 m42.4 m38.5 m43.2 m46.6 m39.1 m65.1 m

Additional Paid-in Capital

168.5 m174.8 m178.7 m182.1 m188.8 m192.9 m197 m204.4 m208.5 m

Retained Earnings

(77.1 m)(87.3 m)(91.9 m)(97.7 m)(110.4 m)(119.3 m)(128 m)(143.3 m)(155.8 m)

Total Equity

91.2 m87.2 m86.5 m84 m77.9 m73 m68.4 m60.4 m52.2 m

Financial Leverage

1.5 x1.5 x1.4 x1.5 x1.5 x1.6 x1.7 x1.7 x3.4 x
USDFY, 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
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Net Income

(6.8 m)(4.3 m)(4.6 m)(5.8 m)(7.8 m)(8.9 m)(8.6 m)(7.6 m)(12.5 m)

Accounts Receivable

17.9 m16.7 m18 m20.9 m

Accounts Payable

255 k1.7 m2.6 m3.4 m1.5 m1.5 m2.3 m3.8 m3.8 m
USDY, 2017

Revenue/Employee

40.9 k

Financial Leverage

3.4 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 Issued

5

Customers, consumer

27 m

Model N Market Value History

Model N Median Salaries

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

Traffic Overview of Model N

Model N Online and Social Media Presence

Model N News and Updates

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Model N Company Life and Culture

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