Netsuite

NetSuite is a vendor of cloud computing business management software suites. It enables companies of all sizes to manage all key business operations in a single, integrated system, which includes customer relationship management, order management and fulfillment, inventory management, finance, ecommerce and website management, as well as employee productivity.
Type
Subsidiary
Parent Company
Oracle Corporation
HQ
San Mateo, US
Founded
1998
Netsuite was founded in 1998 and is headquartered in San Mateo, US

Key People at Netsuite

James Cronin

James Cronin

VP Engineering
Roman Bukary

Roman Bukary

VP Sales, Account Management

Netsuite Office Locations

Netsuite has offices in San Mateo, Austin, Centennial, Atlanta and in 7 other locations
San Mateo, US (HQ)
2955 Campus Drive, Suite 100
Mississauga, CA
CANADA Toronto (Main Office) 5800 Explorer Drive, Suite 100
Maidenhead, GB
1 Grenfell Road,
North Sydney, AU
Level 13, 100 Arthur Street
Oklahoma City, US
5400 N. Grand Blvd., Suite 515
Chicago, US
200 N. LaSalle Suite 2000
Show all (11)

Netsuite Data and Metrics

Netsuite Summary

Founding Date

1998
Netsuite is a subsidiary of Oracle Corporation

Netsuite Financial Metrics

Netsuite's revenue was reported to be $65.8 m in Q1, 2017
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

414.5 m556.3 m741.1 m144.9 m

Revenue growth, %

34%33%(80%)

Cost of goods sold

135.2 m176.8 m245.4 m

Gross profit

279.3 m379.5 m495.7 m

Gross profit Margin, %

67%68%67%

Operating expense total

340.1 m462.8 m611.4 m374.2 m

EBIT

(60.8 m)(83.3 m)(115.7 m)(229.3 m)

EBIT margin, %

(15%)(15%)(16%)(158%)

Interest expense

8.4 m14.3 m14.7 m

Interest income

67 k220 k458 k

Pre tax profit

(69.5 m)(294.9 m)

Income tax expense

899 k2.2 m(1.4 m)

Net Income

(70.4 m)(100 m)(124.7 m)(293.5 m)
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

40.9 m101.2 m31.8 m32 m45.1 m65.8 m

General and administrative expense

3.6 m

Operating expense total

3.6 m

EBIT

(302.5 m)(307.2 m)(109.4 m)(92.9 m)(29.5 m)33.2 m

EBIT margin, %

(740%)(304%)(344%)(290%)(65%)51%

Pre tax profit

(316.9 m)(323.3 m)(126.6 m)(109 m)(45.6 m)16.9 m

Income tax expense

(66.9 m)(77.5 k)

Net Income

(479.8 m)(323.2 m)(126.6 m)(109 m)(45.6 m)16.9 m
USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

104.3 m141.4 m185.9 m451.6 m367.8 m290 m6.5 m

Accounts Receivable

35.8 m

Current Assets

599.2 m673 m655.1 m46.9 m

PP&E

48.2 m58.5 m89.6 m

Goodwill

84.5 m123 m292 m

Total Assets

772.4 m922.2 m1.1 b431.5 m

Accounts Payable

4.8 m5.1 m3.5 m56.1 m

Current Liabilities

279.6 m392.8 m519.1 m77.4 m

Non-Current Liabilities

282.8 m295.2 m315.7 m

Total Liabilities

562.3 m688 m834.8 m919 m

Additional Paid-in Capital

658.7 m788.6 m992.4 m443.9 m

Retained Earnings

(449.2 m)(549.2 m)(674 m)(931.4 m)

Total Equity

210.1 m234.2 m306.2 m

Financial Leverage

3.7 x3.9 x3.7 x
USDQ2, 2015

Cash

7.1 m

Current Assets

175.6 m

Total Assets

1.3 b

Accounts Payable

115.8 m

Current Liabilities

154.1 m

Non-Current Liabilities

890.9 m

Additional Paid-in Capital

436.1 m

Retained Earnings

(142.3 m)

Total Equity

293.8 m

Financial Leverage

4.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(70.4 m)(100 m)(124.7 m)(293.5 m)

Depreciation and Amortization

15.7 m20.1 m30.4 m

Accounts Receivable

(22 m)(51 m)(35 m)15.6 m

Accounts Payable

1.7 m(2.3 m)(1.8 m)(365.1 k)

Cash From Operating Activities

62.2 m74.9 m100.4 m101.9 m

Purchases of PP&E

(20.3 m)(23.7 m)(50.3 m)

Cash From Investing Activities

(81 m)(157.3 m)(181.1 m)(91 m)

Cash From Financing Activities

285.6 m(158 k)4.9 m(7.8 m)

Interest Paid

60.5 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(479.8 m)(323.2 m)(126.6 m)(109 m)(45.6 m)16.9 m

Accounts Receivable

29.7 m40.6 m32.9 m33.9 m

Accounts Payable

(4.5 m)98.9 m62.9 m59.3 m47.8 m64.2 m

Cash From Operating Activities

111.7 m

Cash From Investing Activities

(188.2 m)

Cash From Financing Activities

74.2 m

Interest Paid

24.1 m

Income Taxes Paid

3.3 m

Netsuite Operating Metrics

FY, 2014FY, 2015

Backlog

$352.2 m$413.5 m

    Netsuite Median Salaries

    Source: 161 public H-1B filings from Netsuite

    Traffic Overview of Netsuite

    Netsuite Online and Social Media Presence

    Netsuite News and Updates

    Breakingviews: Larry Ellison’s Hardball Tactics Win NetSuite for Oracle

    Fear that Oracle would back away led NetSuite shareholders to accept a $9.3 billion offer over the objections of a major investor, T. Rowe Price.

    Oracle on Track to Acquire NetSuite, a Cloud Storage Company

    The company said that holders of 53 percent of unaffiliated NetSuite shares agreed to tender their shares, and the deal will be completed on Monday.

    Oracle Says NetSuite Acquisition Will Close Monday

    Database giant says the $9.3 billion deal is done.

    NetSuite Shares Are Volatile Ahead of Oracle Deal Deadline

    Not all shareholders support the deal.

    This NetSuite Shareholder Says Oracle Should Raise Its Bid

    The deadline is coming up.
    Show more

    Netsuite Company Life and Culture

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