RingCentral (RNG) stock price, revenue, and financials

RingCentral market cap is $24.1 b, and annual revenue was $902.86 m in FY 2019

$24.1 B

RNG Mkt cap, 29-May-2020

$267.5 M

RingCentral Revenue Q1, 2020
RingCentral Gross profit (Q1, 2020)194.1 M
RingCentral Gross profit margin (Q1, 2020), %72.5%
RingCentral Net income (Q1, 2020)-60.7 M
RingCentral EBIT (Q1, 2020)-25.5 M
RingCentral Cash, 31-Mar-2020762.1 M
RingCentral EV24.4 B

RingCentral Revenue

RingCentral revenue was $902.86 m in FY, 2019

Embed Graph

RingCentral Revenue Breakdown

Embed Graph

RingCentral revenue breakdown by business segment: 91.0% from Software Subscriptions and 9.0% from Other

RingCentral Income Statement

Annual

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

Revenue

379.7m501.5m673.6m902.9m

Revenue growth, %

28%32%34%

Cost of goods sold

92.2m121.3m157.1m231.0m

Gross profit

287.5m380.3m516.5m671.8m

Gross profit Margin, %

76%76%77%74%

Sales and marketing expense

192.5m260.1m329.1m439.1m

R&D expense

65.5m75.1m101.0m136.4m

General and administrative expense

55.5m72.3m102.8m142.0m

Operating expense total

313.5m407.5m532.9m717.5m

EBIT

(26.0m)(27.3m)(16.4m)(45.7m)

EBIT margin, %

(7%)(5%)(2%)(5%)

Interest expense

746.0k99.0k16.1m11.3m

Interest income

9.2m

Pre tax profit

(29.1m)(25.9m)(26.1m)(56.9m)

Income tax expense

236.0k(258.0k)140.0k(3.3m)

Net Income

(29.3m)(26.1m)(26.2m)(53.6m)

RingCentral Balance Sheet

Annual

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

Cash

160.4m181.2m566.3m343.6m

Accounts Receivable

30.2m45.3m94.4m130.0m

Prepaid Expenses

15.3m21.5m23.8m25.4m

Inventories

63.0k

Current Assets

205.9m248.0m707.5m535.5m

PP&E

32.0m43.3m70.2m89.2m

Goodwill

9.4m9.4m31.2m55.3m

Total Assets

252.6m305.2m894.3m1.5b

Accounts Payable

7.8m7.3m10.1m34.6m

Short-term debt

14.5m

Current Liabilities

116.0m126.7m199.4m280.7m

Long-term debt

312.0k28.5m

Total Debt

14.8m28.5m

Total Liabilities

122.6m133.0m576.7m705.0m

Common Stock

6.0k7.0k7.0k

Additional Paid-in Capital

366.8m434.8m551.1m1.0b

Retained Earnings

(239.5m)(265.6m)(235.7m)(289.3m)

Total Equity

130.0m172.2m317.6m745.7m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.9 x1.8 x2.8 x1.9 x

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

139.1m147.8m152.4m149.7m167.0m172.3m555.0m567.3m577.3m549.0m567.7m582.7m762.1m

Accounts Receivable

25.6m24.2m23.6m31.3m33.3m39.7m55.4m67.0m74.2m100.7m105.6m118.3m135.4m

Prepaid Expenses

12.9m14.6m16.6m17.4m17.9m22.2m24.1m24.6m74.2m29.7m33.1m31.9m34.3m

Inventories

902.0k122.0k84.0k

Current Assets

178.5m186.7m192.7m198.4m218.2m234.2m651.1m678.1m702.2m704.4m735.1m765.0m971.6m

PP&E

27.5m29.1m31.1m34.2m36.6m41.6m50.1m55.1m60.2m74.2m78.5m84.1m97.9m

Goodwill

9.4m9.4m9.4m9.4m9.4m9.4m9.4m9.4m9.4m55.4m55.6m54.7m54.8m

Total Assets

221.6m231.2m238.8m246.9m268.6m289.4m775.5m813.3m841.8m965.7m1.0b1.1b1.9b

Accounts Payable

2.8m2.0m4.7m4.7m5.6m10.0m4.3m6.4m6.0m19.4m21.2m22.4m35.3m

Short-term debt

3.8m3.8m14.5m

Current Liabilities

87.4m92.8m108.5m106.0m108.6m121.3m138.1m156.9m172.7m228.6m245.6m268.1m307.8m

Long-term debt

13.9m13.0m1.3m401.5m31.1m1.1b

Total Debt

17.7m16.7m15.8m401.5m31.1m1.1b

Total Liabilities

110.5m113.3m116.7m112.5m114.9m127.5m499.6m522.3m542.4m634.5m656.6m690.0m1.4b

Common Stock

7.0k7.0k7.0k7.0k8.0k8.0k8.0k8.0k8.0k8.0k8.0k8.0k9.0k

Additional Paid-in Capital

326.9m340.3m351.8m378.5m404.7m418.6m484.9m508.7m526.9m571.4m604.8m633.2m840.1m

Retained Earnings

(216.8m)(224.6m)(232.6m)(246.8m)(253.8m)(259.6m)(212.2m)(220.5m)(230.0m)(242.1m)(251.3m)(264.1m)(350.0m)

Total Equity

111.1m117.9m122.1m134.5m153.7m161.9m275.9m291.0m299.4m331.2m355.6m369.5m490.4m

Debt to Equity Ratio

0.2 x0.1 x0.1 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

2 x2 x2 x1.8 x1.7 x1.8 x2.8 x2.8 x2.8 x2.9 x2.8 x2.9 x3.8 x

RingCentral Cash Flow

Annual

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

Net Income

(29.3m)(26.1m)(26.2m)(53.6m)

Depreciation and Amortization

14.7m16.2m23.3m37.9m

Accounts Receivable

(11.7m)(16.8m)(47.9m)(37.2m)

Inventories

(3.3m)

Accounts Payable

1.5m176.0k2.8m21.8m

Cash From Operating Activities

29.7m41.2m72.1m64.8m

Purchases of PP&E

(14.2m)(19.5m)(27.1m)(27.8m)

Cash From Investing Activities

(16.4m)(26.4m)(83.4m)(296.8m)

Long-term Borrowings

(3.7m)(14.8m)

Cash From Financing Activities

9.3m6.8m397.3m9.0m

Net Change in Cash

(16.4m)20.8m385.1m(222.7m)

Interest Paid

711.0k116.0k40.0k189.0k

Income Taxes Paid

229.0k216.0k433.0k996.0k

RingCentral Ratios

USDY, 2020

EV/EBIT

-957.8 x

EV/CFO

1.9 k x

Financial Leverage

3.8 x

RingCentral Operating Metrics

RingCentral's Customers was reported to be 350 k in FY, 2016.
Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019

Monthly Recurring Subscriptions

$18.30 m$21.10 m$22.90 m$24.80 m$28.40 m$30.30 m$32.50 m$37.60 m$39.80 m$42.80 m$49.10 m$52.50 m$56.10 m$64.70 m$69.20 m

Annualized Exit Monthly Recurring Subscriptions

$219.80 m$253.70 m$274.60 m$297.50 m$340.30 m$364 m$389.50 m$450.80 m$478 m$513.70 m$589 m$629.60 m$673.60 m$776.70 m$830.80 m

Annualized Exit Monthly Recurring Subscriptions (RingCentral Office)

$153.70 m$185.40 m$205.40 m$227.70 m$269.30 m$291.90 m$316.80 m$373 m$398.90 m$433.70 m$509.20 m$548 m$591.70 m$694 m$749.20 m

Customers

350 k

Patents (US)

54 85 106 135 142 146 151 153 161 167

Patents Pending

74 66 74 54 55 58 56 61 60 56

RingCentral Employee Rating

4.6746 votes
Culture & Values
4.6
Work/Life Balance
4.4
Senior Management
4.5
Salary & Benefits
4.5
Career Opportunities
4.5
Source