QAD is a company that provides cloud-based enterprise software solutions for global manufacturing companies across the automotive, life sciences, consumer products, food and beverage, high technology and industrial products industries. The Company offers full-featured, secure and flexible enterprise and supply chain solutions built for global manufacturing companies which can be delivered in the cloud, on-premise or via a blended combination of cloud and on-premise, where certain sites are on premise and others are in the cloud. QAD's mission is to provide best-in-class software that enables our customers to operate as an effective enterprise where their business processes are running at peak efficiency and are perfectly aligned to their strategic goals. The Company's solutions, called QAD Enterprise Applications, enable measurement and control of key business processes and support operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management.

Company Growth (employees)
Type
Public
HQ
Santa Barbara, US
Founded
1979
Size (employees)
1,710 (est)+2%
Website
qad.com
QAD was founded in 1979 and is headquartered in Santa Barbara, US

QAD Office Locations

QAD has offices in Santa Barbara, Clayton, Macquarie Park, Antwerpen and in 21 other locations
Santa Barbara, US (HQ)
100 Innovation Pl
Mount Laurel, US
Midlantic Dr
Lisle, US
210 1011 Warrenville Rd
Grand Rapids, US
205 1593 Galbraith Ave Se
Norcross, US
350 3500 Parkway Ln
Quinton, GB
Ridgeway
Show all (25)

QAD Data and Metrics

QAD Financial Metrics

QAD's revenue was reported to be $278 m in FY, 2017
USD

Revenue (FY, 2017)

278 m

Revenue growth (FY, 2016 - FY, 2017), %

0%

Gross profit (FY, 2017)

147.1 m

Gross profit margin (FY, 2017), %

53%

Net income (FY, 2017)

(15.5 m)

EBIT (FY, 2017)

3.4 m

Market capitalization (21-Jul-2017)

664.6 m

Cash (30-Apr-2017)

153.3 m
QAD's current market capitalization is $664.6 m.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

266.3 m295.1 m277.9 m278 m

Revenue growth, %

11%(6%)0%

Cost of goods sold

126.6 m130.9 m

Gross profit

151.3 m147.1 m

Gross profit Margin, %

54%53%

Sales and marketing expense

66.5 m67.2 m

R&D expense

41.2 m43.6 m

General and administrative expense

32.7 m32.3 m

Operating expense total

139.9 m147.5 m141.1 m143.8 m

EBIT

9.4 m16 m10.2 m3.4 m

EBIT margin, %

4%5%4%1%

Interest expense

712 k670 k

Interest income

(320 k)(696 k)

Pre tax profit

10.5 m3.8 m

Income tax expense

1.6 m19.3 m

Net Income

6.4 m12.9 m8.9 m(15.5 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

73.1 m74 m69.3 m71.3 m68 m65.4 m69.8 m69.5 m71.4 m

Cost of goods sold

33.2 m33.1 m32.1 m32.6 m31 m32.1 m32.9 m33.1 m34.9 m

Gross profit

39.8 m40.9 m37.2 m38.7 m37 m33.3 m36.9 m36.5 m36.5 m

Gross profit Margin, %

55%55%54%54%54%51%53%52%51%

Sales and marketing expense

17.4 m16.4 m17.1 m17 m15.5 m16.9 m17.4 m15.3 m17.6 m

R&D expense

10.9 m10.2 m10.7 m10.6 m10.2 m11.1 m11.1 m10.8 m11.5 m

General and administrative expense

9.3 m8.3 m8.4 m8.6 m7.7 m8 m8.5 m7.9 m8.6 m

Operating expense total

37.6 m34.9 m36.2 m36.2 m33.4 m36.1 m37.1 m34.1 m37.7 m

EBIT

2.1 m5.9 m760 k2.3 m3.5 m(2.9 m)(363 k)2.3 m(1.4 m)

EBIT margin, %

3%8%1%3%5%(4%)(1%)3%(2%)

Interest expense

232 k185 k183 k190 k171 k174 k161 k168 k156 k

Interest income

(56 k)(56 k)(57 k)(87 k)(80 k)(172 k)(159 k)(184 k)(168 k)

Pre tax profit

2 m5.9 m753 k2.6 m3.3 m(3.8 m)68 k2.7 m(2 m)

Income tax expense

1 m834 k204 k1 m729 k(1.1 m)(532 k)1.2 m620 k

Net Income

985 k5.1 m549 k1.6 m2.6 m(2.7 m)513 k1.3 m(2.6 m)
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

76 m120.5 m137.7 m145.1 m

Inventories

31.7 m6 m3 m

Current Assets

170.4 m223.5 m227.5 m229.9 m

PP&E

33.1 m33.2 m32.1 m30.9 m

Goodwill

11.4 m10.9 m10.6 m10.6 m

Total Assets

234.8 m283.4 m286.4 m280.9 m

Accounts Payable

11 m12.9 m10.8 m11.3 m

Total Debt

15.5 m15.1 m14.7 m14.2 m

Current Liabilities

149.8 m151.8 m140.7 m149.5 m

Common Stock

16 k

Additional Paid-in Capital

150.8 m185.5 m195.4 m197.6 m

Retained Earnings

(51.5 m)(43.5 m)(41 m)(61.1 m)

Total Equity

64.2 m111.7 m127 m112.7 m

Debt to Equity Ratio

0.2 x0.1 x0.1 x0.1 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.1 x

Financial Leverage

3.7 x2.5 x2.3 x2.5 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

75.3 m71.4 m130.9 m130.1 m126.6 m139.9 m134.7 m135.7 m153.3 m

Current Assets

149.9 m141.8 m206.8 m199.6 m189.6 m212.2 m207 m200.6 m215.6 m

PP&E

32.7 m33.3 m33.2 m32.7 m32.6 m32.3 m31.7 m31 m30.5 m

Goodwill

11.4 m11.2 m10.9 m10.7 m10.7 m10.8 m10.7 m10.7 m10.6 m

Total Assets

212.5 m202.8 m266.6 m258.4 m248.2 m271.4 m264.9 m258.1 m265.8 m

Accounts Payable

9.3 m9.5 m8.3 m8 m8.3 m7.9 m7.3 m7.7 m8.2 m

Current Liabilities

129 m113.8 m127 m118.2 m105.5 m127.6 m120.8 m111.7 m136.1 m

Common Stock

16 k16 k

Additional Paid-in Capital

146.9 m147.8 m194 m192.8 m193.8 m196.6 m194.9 m196.4 m199.1 m

Retained Earnings

(53.3 m)(49.3 m)(44.2 m)(43.9 m)(42.7 m)(45 m)(45.8 m)(44.6 m)(65 m)

Total Equity

63 m69 m120.3 m121.6 m123.8 m125.3 m125.1 m127.9 m111 m

Financial Leverage

3.4 x2.9 x2.2 x2.1 x2 x2.2 x2.1 x2 x2.4 x
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

6.4 m12.9 m8.9 m(15.5 m)

Depreciation and Amortization

6.1 m5.8 m5.8 m6 m

Accounts Receivable

(1.2 m)(11.2 m)10.8 m(4.1 m)

Accounts Payable

(1.3 m)2.6 m(1.4 m)646 k

Cash From Operating Activities

11 m44.5 m17.2 m18.7 m

Purchases of PP&E

(4.8 m)(4.6 m)(3.2 m)(3.3 m)

Cash From Investing Activities

(5.1 m)(4.9 m)(3.3 m)(3.4 m)

Long-term Borrowings

(372 k)(388 k)(406 k)(434 k)

Dividends Paid

(5.3 m)(4.5 m)(5.2 m)(5.3 m)

Cash From Financing Activities

(7.6 m)29.4 m292 k(7.8 m)

Interest Paid

726 k735 k700 k655 k

Income Taxes Paid

2.9 m3.3 m3.9 m3.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

985 k5.1 m549 k1.6 m2.6 m(2.7 m)513 k1.3 m(2.6 m)

Accounts Payable

9.3 m9.5 m8.3 m8 m8.3 m7.9 m7.3 m7.7 m8.2 m
USDY, 2017

Revenue/Employee

164 k

Financial Leverage

2.4 x

QAD Operating Metrics

QAD's Enterprise Customers was reported to be 2 k in FY, 2017. QAD's Active Users was reported to be 300 k in FY, 2017
FY, 2017

Enterprise Customers

2 k

Active Users

300 k

Countries

23

    QAD Market Value History

    QAD Revenue Breakdown

    QAD Median Salaries

    Source: 69 public H-1B filings from QAD

    QAD Online and Social Media Presence

    QAD Company Life and Culture

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