Patsnap stock price, funding rounds, valuation and financials

Patsnap has raised $351.6 m in total funding. Patsnap annual revenue was £24.76 m in FY 2019

£24.8 M

Patsnap Revenue FY, 2019
Patsnap Revenue growth (FY, 2018 - FY, 2019), %19%
Patsnap Gross profit (FY, 2019)22.5 M
Patsnap Gross profit margin (FY, 2019), %91.1%
Patsnap Net income (FY, 2019)183 K
Patsnap EBIT (FY, 2019)183.5 K
Patsnap Cash, 31-Dec-20193.4 M
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Patsnap Revenue

Patsnap revenue was £24.76 m in FY, 2019 which is a 19.3% year over year increase from the previous period.

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Patsnap Funding

Summary Metrics

Founding Date

2007

Patsnap total Funding

$351.6 m

Patsnap latest funding size

$300 m

Time since last funding

9 months ago

Patsnap investors

Patsnap's latest funding round in March 2021 was reported to be $300 m. In total, Patsnap has raised $351.6 m

Patsnap Capital Raised

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Patsnap Revenue Breakdown

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Patsnap revenue breakdown by business segment: 100.0% from Sale of software licenses

Patsnap revenue breakdown by geographic segment: 62.6% from United States, 20.2% from Europe, 16.7% from United Kingdom and 0.6% from Other

Patsnap Income Statement

Annual

GBPFY, 2017FY, 2018FY, 2019

Revenue

13.3m20.8m24.8m

Revenue growth, %

56%19%

Cost of goods sold

1.1m1.9m2.2m

Gross profit

12.3m18.9m22.5m

Gross profit Margin, %

92%91%91%

Sales and marketing expense

3.3m2.2m1.3m

General and administrative expense

15.7m20.9m21.1m

Operating expense total

19.1m23.1m22.4m

Depreciation and amortization

177.5k320.8k1.1m

EBIT

(6.9m)(4.2m)183.5k

EBIT margin, %

(51%)(20%)1%

Interest expense

416.0

Pre tax profit

(6.9m)(4.2m)183.0k

Net Income

(6.9m)(4.2m)183.0k

Patsnap Balance Sheet

Annual

GBPFY, 2017FY, 2018FY, 2019

Cash

1.3m1.8m3.4m

Accounts Receivable

2.6m3.1m2.6m

Prepaid Expenses

848.8k1.2m1.0m

Current Assets

4.8m6.5m7.3m

PP&E

690.4k499.5k400.9k

Total Assets

5.5m7.0m7.7m

Accounts Payable

626.1k836.8k259.1k

Current Liabilities

13.5m17.7m18.6m

Long-term debt

261.0k

Non-Current Liabilities

71.8k1.3m571.7k

Total Debt

261.0k

Total Liabilities

13.6m19.0m19.0m

Common Stock

100.0100.0100.0

Retained Earnings

(8.7m)(12.9m)(12.8m)

Total Equity

(8.0m)(12.0m)(11.4m)

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

-0.7 x-0.6 x-0.7 x

Patsnap Ratios

GBPFY, 2017

Revenue/Employee

37.1k

Financial Leverage

-0.7 x

Patsnap Operating Metrics

Patsnap's Customers was reported to be 8 k in Jan, 2021.
Jun, 2018Jan, 2021

Countries

40

Customers

8 k8 k

Active Investors

8

Jurisdictions

116

Engineers

250

Data Sources

250 m

Offices

9

Patents in Database

140 m

Solutions

7

Types of Services

3

Patsnap Employee Rating

4246 votes
Culture & Values
3.9
Work/Life Balance
3.8
Senior Management
3.6
Salary & Benefits
3.9
Career Opportunities
4
Source