RMG Networks

OverviewSuggest Edit

RMG Networks is a company developing employee engagement software. It offers Korbyt, a digital workplace platform designed to engage audiences across the globe in a targeted and omni-channel way.

TypePrivate
Founded2006
HQAddison, TX, US
Websitermgnetworks.com
Employee Ratings2.5

Latest Updates

Employees (est.) (Apr 2021)104(+2%)
Revenue (FY, 2017)$37 M(-1%)
Share Price (Dec 2018)$1.3
Cybersecurity ratingBMore

Key People/Management at RMG Networks

George Clopp

George Clopp

Chief Technology Officer
Justin Caskey

Justin Caskey

Chief Financial Officer
Ankur Ahlowalia

Ankur Ahlowalia

CEO
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RMG Networks Office Locations

RMG Networks has offices in Addison and London
Addison, TX, US (HQ)
15301 Dallas Pkwy #500
London, GB
25 Old Broad St
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RMG Networks Financials and Metrics

Summary Metrics

Founding Date

2006
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RMG Networks Revenue

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View revenue for all periods
RMG Networks's revenue was reported to be $37.04 m in FY, 2017 which is a 1.5% decrease from the previous period.
USD

Revenue (Q2, 2018)

8.6m

Gross profit (Q2, 2018)

4.6m

Gross profit margin (Q2, 2018), %

54.1%

Net income (Q2, 2018)

(2.1m)

EBIT (Q2, 2018)

(2.2m)

Cash (30-Jun-2018)

1.7m
Annual
GBPFY, 1995FY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

4.8m4.7m5.0m5.0m4.5m4.8m4.1m3.8m3.2m3.0m2.1m2.6m3.2m2.9m5.0m6.0m7.0m8.0m8.6m40.6m37.6m37.0m

Revenue growth, %

(2%)5%1%(10%)7%(15%)(7%)(17%)(5%)(30%)25%(11%)75%19%16%15%7%371%(7%)(1%)

Cost of goods sold

2.6m2.4m2.6m2.4m2.4m2.8m2.2m2.2m1.5m1.6m1.2m1.4m1.9m1.8m2.6m3.2m3.6m4.8m4.7m18.1m15.5m15.9m

Gross profit

2.3m2.4m2.3m2.6m2.1m2.0m1.9m1.6m1.6m1.5m951.1k1.3m1.4m1.1m2.4m2.8m3.4m3.2m3.9m22.5m22.1m21.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

15.6m11.8m15.1m9.3m9.3m10.2k8.7k8.7m9.5m9.0m9.1m8.8m7.5m8.6m

Cost of goods sold

9.3m6.6m8.4m5.0m2.7m4.8k3.6k3.6m3.5m4.0m3.5m3.9m3.4m3.9m

Gross profit

6.3m5.2m6.7m4.4m6.7m5.4k5.0k5.1m6.1m4.9m5.6m4.8m4.1m4.6m

Gross profit Margin, %

40%44%44%47%71%53%58%58%64%55%62%55%54%54%
Annual
GBPFY, 1995FY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

211.5k578.2k850.3k860.8k199.9k180.6k115.2k191.8k382.0k328.3k44.3k91.1k40.5k111.4k224.0k320.3k755.2k8.2m813.7k3.2m5.1m862.0k

Accounts Receivable

1.1m644.9k786.3k662.3k393.3k860.4k358.2k688.4k282.4k276.0k424.2k497.0k768.7k508.8k1.8m1.7m1.8m22.7m3.2m3.4m2.2m3.3m

Inventories

414.2k930.6k739.3k735.6k906.8k824.9k733.0k433.5k503.2k378.8k182.8k114.8k106.0k63.5k88.9k87.8k94.6k4.6m197.1k1.1k830.0k771.0k

Current Assets

2.1m2.4m2.5m2.3m1.7m1.9m1.3m1.5m1.3m1.0m687.0k921.7k962.4k989.8k3.1m3.3m3.9m37.9m5.3m16.0k17.1m14.2m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

492.9k437.1k222.6k76.7k11.3k100.2k28.3m4.8m3.1m5.0m11.1m7.8m5.7k3.3k2.9m1.5m1.4m1.7m

Accounts Receivable

14.1m14.8m16.2m11.6m11.5m1.7m

Prepaid Expenses

62.1k36.4k4.7k33.9k25.1k3.8k

Inventories

3.8m4.3m3.6m2.9m1.8m1.3m1.2k1.2k968.0k602.0k646.0k769.0k944.0k872.0k792.0k
Annual
GBPFY, 1995FY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

669.7k534.0k348.7k520.6k83.6k(122.9k)(432.5k)(52.5k)(38.3k)(113.3k)(629.0k)35.2k(292.6k)233.0k148.8k609.1k1.1m832.4k196.5k(11.7k)(4.8m)(5.2m)

Depreciation and Amortization

5.0m140.3k3.9k3.1m3.1m

Inventories

(1.2m)(488.7k)392.0(127.0k)37.0k

Accounts Payable

4.6m(3.0m)(1.3k)268.0k(747.0k)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(111.2k)(213.2k)(230.9k)353.5k(821.6k)(3.4m)(11.4m)(12.4m)(7.3m)(46.0m)(6.9m)(9.6m)(10.8k)(1.3k)(2.9m)(3.8m)(1.3m)(2.5m)(4.4m)(2.9m)(5.0m)

Depreciation and Amortization

3.0m1.9m1.3m5.4m983.2k2.2m3.0k818.01.6m2.4m773.0k1.6m2.3m753.0k1.5m

Inventories

(295.3k)328.8k(74.9k)1.7m(314.9k)155.2k249.0(191.0)57.0k416.0k171.0k52.0k(137.0k)(92.0k)(66.0k)

Accounts Payable

(159.3k)(3.4m)1.7m(3.2m)(1.2m)(2.3m)(2.4k)(945.0)(793.0k)(913.0k)(1.3m)(1.4m)(1.6m)(644.0k)(439.0k)
USDFY, 1995

Financial Leverage

2.4 x
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RMG Networks Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

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RMG Networks Online and Social Media Presence

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RMG Networks News and Updates

Virgo Capital and Sachs Capital Group Acquire RMG Networks

DALLAS, Oct. 04, 2018 (GLOBE NEWSWIRE) -- RMG Networks (“RMG”), global leader in technology-driven visual communications, announced today it has been converted to a privately held entity in a transaction led by Virgo Capital with participation from existing investor Gregory H. Sachs. The transacti…

RMG Networks Blogs

Korbyt Strengthens Board of Advisors with the Appointment of Six New Members

DALLAS, May 6, 2021 /PRNewswire/ — Korbyt, the leading workplace experience platform, today announced the appointment of six members to its Board of Advisors, a move aimed at broadening the company’s global reach, and continued expansion of the Korbyt Anywhere platform’s omni-channel publishing capa…

Making the Workplace Productivity Choice

No matter the industry, it feels safe to say that work is more dispersed than ever. Employees may spend as much as an hour each day switching between screens and applications in search of what they need to get their jobs done. Complicating things further is a barrage of often irrelevant information …

WorkplaceEX Day 2 Recap: Virtual Workspace Experience Summit

Day 2 of WorkplaceEX covered a gamut of anywhere workforce topics, opportunities and challenges — including the reason futurist, keynote speaker and host Scott Klososky wears collarless jackets (hint: he’s not a big fan of ties, which can’t be worn without a collar). Among the slightly more importan…

WorkplaceEX Day 1 Recap: Virtual Workspace Experience Summit

Considering the momentous and tumultuous changes the world has faced in the last 18 months, will the workplace as we knew it ever return to what it was? Most likely, not. How you adapt to your employee’s new workplace demands can very well determine whether your company will thrive for years to come…

How Do You Use Targeting to Drive Employee Engagement?

“I thought you understood me.” Certainly not a line you want to hear in any relationship. But as hurtful as that might be on the personal front — what are the repercussions when it’s your employees talking? Don’t wait for your workforce to signal its dissatisfaction through less interest, less produ…

Make the Way Back the Way Forward

Where were you when lockdown began? When did COVID become real for your company? What was “that moment”? When it went from a curiosity…to a news story you couldn’t avoid…to a concern your operations couldn’t ignore. Its traumatic effect on the workplace slammed the door of traditional companies, thr…
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RMG Networks Frequently Asked Questions

  • When was RMG Networks founded?

    RMG Networks was founded in 2006.

  • Who are RMG Networks key executives?

    RMG Networks's key executives are George Clopp, Justin Caskey and Ankur Ahlowalia.

  • How many employees does RMG Networks have?

    RMG Networks has 104 employees.

  • What is RMG Networks revenue?

    Latest RMG Networks annual revenue is $37 m.

  • What is RMG Networks revenue per employee?

    Latest RMG Networks revenue per employee is $356.2 k.

  • Who are RMG Networks competitors?

    Competitors of RMG Networks include STRATACACHE, Scala and Outform.

  • Where is RMG Networks headquarters?

    RMG Networks headquarters is located at 15301 Dallas Pkwy #500, Addison.

  • Where are RMG Networks offices?

    RMG Networks has offices in Addison and London.

  • How many offices does RMG Networks have?

    RMG Networks has 2 offices.