Monster Digital Net income (Q1, 2020)-3.6 M
Monster Digital EBIT (Q1, 2020)5 M
Monster Digital Cash, 31-Mar-20202.7 M

Monster Digital Funding

Summary Metrics

Founding Date

2010

Monster Digital total Funding

$8 m

Monster Digital latest funding size

$750 k

Time since last funding

4 years ago
Monster Digital's latest funding round in December 2016 was reported to be $750 k. In total, Monster Digital has raised $8 m

Monster Digital Income Statement

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

8.3m4.1m1.9m

Revenue growth, %

(51%)

Cost of goods sold

7.8m3.3m1.9m

Gross profit

426.0k736.0k(64.0k)

Gross profit Margin, %

5%18%(3%)

Sales and marketing expense

2.4m1.4m

R&D expense

333.0k270.0k190.0k7.6m13.7m

General and administrative expense

3.6m4.0m5.0m10.7m10.6m

Operating expense total

6.9m6.7m8.9m18.2m24.3m

EBIT

(6.5m)(5.9m)(9.0m)18.2m25.5m

EBIT margin, %

(78%)(146%)(475%)

Interest expense

1.4m825.0k93.0k

Interest income

163.8k185.3k

Pre tax profit

(8.7m)(6.2m)(7.9m)(24.2m)(27.0m)

Income tax expense

2.0k2.0k

Net Income

(6.2m)(6.2m)(7.9m)(24.2m)(27.0m)

Monster Digital Balance Sheet

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

119.0k1.5m426.0k5.7m4.6m

Accounts Receivable

644.0k856.0k90.0k

Prepaid Expenses

141.0k619.0k46.0k504.9k555.1k

Inventories

1.1m101.0k

Current Assets

1.5m4.0m663.0k6.4m5.2m

PP&E

35.1k25.4k

Total Assets

4.7m6.5m677.0k6.5m5.3m

Accounts Payable

1.0m268.0k441.0k3.6m3.9m

Short-term debt

38.0k1.4m5.2m

Current Liabilities

10.4m4.0m2.7m10.1m14.9m

Long-term debt

38.0k42.8k

Total Debt

38.0k3.5m1.4m5.2m42.8k

Common Stock

1.0k1.0k2.6k3.9k

Preferred Stock

Additional Paid-in Capital

20.2m34.6m38.0m39.9m60.9m

Retained Earnings

(25.9m)(32.1m)(40.0m)(43.5m)(70.6m)

Total Equity

(5.7m)2.5m(2.0m)(3.7m)(9.6m)

Debt to Equity Ratio

1.4 x-0.7 x-1.4 x0 x

Debt to Assets Ratio

0.5 x2 x0.8 x0 x

Financial Leverage

-0.8 x2.6 x-0.3 x-1.8 x-0.6 x

Monster Digital Cash Flow

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

8.7m(6.2m)(7.9m)(24.2m)(27.0m)

Depreciation and Amortization

993.0k131.0k131.0k19.6k21.6k

Accounts Receivable

2.7m(365.0k)746.0k

Inventories

2.0m(472.0k)1.0m

Accounts Payable

(585.0k)(753.0k)173.0k86.4k125.0k

Cash From Operating Activities

(1.7m)(8.4m)(4.0m)(15.2m)(18.0m)

Purchases of PP&E

(13.9k)(11.9k)

Cash From Investing Activities

(13.9k)(11.9k)

Short-term Borrowings

(1.3m)(168.0k)

Long-term Borrowings

100.0k

Cash From Financing Activities

1.8m9.8m3.0m20.6m16.8m

Net Change in Cash

22.0k1.3m(1.0m)5.4m(1.1m)

Interest Paid

333.0k59.0k6.0k280.3k874.2k

Income Taxes Paid

2.0k2.0k

Monster Digital Ratios

USDFY, 2015

Financial Leverage

-0.8 x