Sage

OverviewSuggest Edit

Sage Group is a company that provides business management software and services for companies to manage their operations. It offers software and services for accounting and payroll, enterprise resource planning, customer relationship management, and payments. The company serves business owners, bookkeepers, and finance directors.

TypePublic
Founded1981
HQNewcastle Upon Tyne, GBMap
Websitesage.com
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Employees (est.) (Feb 2020)12,643(-7%)
Revenue (FY, 2019)£1.9 B(+5%)
Share Price (Jul 2020)£6.8 (+3%)
Cybersecurity ratingCMore

Key People/Management at Sage

Steve Hare

Steve Hare

CEO
Derk Bleeker

Derk Bleeker

Chief Corporate Development Officer (ExCo)
Robert Reid

Robert Reid

Chairman, Mid-Market Solutions (ExCo)
Marcus Banks

Marcus Banks

Chief Marketing Officer (Interim)
Vicki Bradin

Vicki Bradin

General Counsel and Company Secretary (ExCo)
Lee Perkins

Lee Perkins

Chief Commercial and Product Officer (ExCo)
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Sage Office Locations

Sage has offices in Newcastle Upon Tyne, London, Salford, Winnersh and in 48 other locations
Newcastle Upon Tyne, GB (HQ)
North Park
London, GB
32 London Bridge St
Salford, GB
1, Exchange Quay
Winnersh, GB
Sage House, Wharfedale Rd
Chatswood, AU
Level 11, Zenith Tower B, 821 Pacific Highway
Innaloo, AU
374 Scarborough Beach Rd
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Sage Financials and Metrics

Sage Revenue

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Sage's revenue was reported to be £1.94 b in FY, 2019 which is a 4.9% increase from the previous period.
GBP

Revenue (FY, 2019)

1.9b

Revenue growth (FY, 2018 - FY, 2019), %

4.9%

Gross profit (FY, 2019)

1.8b

Gross profit margin (FY, 2019), %

92.9%

Net income (FY, 2019)

266.0m

EBIT (FY, 2019)

382.0m

Market capitalization (6-Jul-2020)

74.3m

Closing stock price (6-Jul-2020)

6.8

Cash (30-Sept-2019)

371.0m

EV

468.3m
Sage's current market capitalization is £74.3 m.
Annual
GBPFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.4b1.7b1.8b1.9b

Revenue growth, %

19%8%5%

Cost of goods sold

91.0m114.0m130.0m138.0m

Gross profit

1.3b1.6b1.7b1.8b
Half Year
GBPH1, 2017H1, 2018H1, 2019

Revenue

840.0m899.0m957.0m

Cost of goods sold

54.0m62.0m70.0m

Gross profit

786.0m837.0m887.0m

Gross profit Margin, %

94%93%93%
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Annual
GBPFY, 2016FY, 2017FY, 2018FY, 2019

Cash

264.0m231.0m272.0m371.0m

Accounts Receivable

342.0m394.0m370.0m280.0m

Inventories

2.0m3.0m1.0m

Current Assets

695.0m715.0m849.0m801.0m
Half Year
GBPH1, 2017H1, 2018H1, 2019

Cash

309.0m296.0m351.0m

Accounts Receivable

445.0m475.0m37.0m

Inventories

3.0m2.0m2.0m

Current Assets

1.0b777.0m757.0m
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Annual
GBPFY, 2016FY, 2017FY, 2018

Net Income

207.6m257.0m295.0m

Depreciation and Amortization

58.4m48.0m68.0m

Inventories

200.0k(1.0m)1.0m

Accounts Payable

50.8m4.0m(61.0m)
Half Year
GBPH1, 2017H1, 2018H1, 2019

Net Income

156.0m135.0m154.0m

Cash From Operating Activities

179.0m172.0m277.0m

Purchases of PP&E

(8.0m)(10.0m)(17.0m)

Cash From Investing Activities

(92.0m)(24.0m)64.0m
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GBPFY, 2016

EV/EBIT

30.5 x

EV/CFO

28.6 x

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.5 x
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Sage Operating Metrics

Sage's Subscriptions was reported to be 1.2 m in H1, 2017.
FY, 2014FY, 2015H1, 2016FY, 2016H1, 2017FY, 2017H1, 2018FY, 2018FY, 2019

User Retention Rate

83%84%84%86%86%86%86%101%

Subscriptions

450 k690 k840 k1.02 m1.24 m

Paying Subscriptions (Sage One)

86 k173 k313 k382 k405 k431 k

Cloud Communications End Users

270 k
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Sage Acquisitions / Subsidiaries

Company NameDateDeal Size
CakeHRNovember 29, 2019
AutoEntrySeptember 27, 2019
OCREXSeptember 27, 2019
Sage IntacctJuly 25, 2017$850 m
Exact Software Deutschland - PayrollJuly 21, 2017£12.90 m
CompassMarch 30, 2017
Fairsail LtdMarch 03, 2017
PAI GroupSeptember 22, 2014$158 m
Cenize InformaticaSeptember 21, 2012£3.90 m
Empresa Brasileira de SistemasSeptember 21, 2012£10.60 m
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Sage Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

Learn more about about our premium products
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Sage Revenue Breakdown

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Sage revenue breakdown by geographic segment: 13.6% from International, 33.0% from North America and 53.4% from Europe

Human Capital Metrics

Source: www.sage.com, www.sage.com, www.sage.com, www.sage.com
Sage's employees are reported to be approximately 55% female and 45% male.
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Sage Online and Social Media Presence

Sage's Trends

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Sage News and Updates

February 22, 2019

Sage Group completes £78m sale of US payroll business

The Sage Group Plc has completed the disposal of its US-based payroll outsourcing business. The deal, announced in January, saw Gateshead-based Sage transfer ownership of Sage Payroll Solutions (SPR) to workforce management software maker iSolved for £78m. SPR generated a turnover of £38m in the yea…
January 17, 2019

Sage Group enjoys ‘strong start’ to 2019 as Q1 revenues reach £465m

The Sage Group plc has increased quarterly revenues 7.6% as it continues to focus on a subscription-based business model. The Newcastle-headquartered software giant recorded a group organic revenue of £465m for the three months to December 31 2018. Sage’s Q1 recurring revenue came in at £387m, a yea…
January 15, 2019

Sage Group to sell its U.S. payroll outsourcing unit for $100 million

Sage Group Plc said on Tuesday it would sell its U.S. payroll outsourcing business for 78 million pounds ($100.08 million) as part of the software provider's strategy to focus on subscription services by moving more products to the cloud.
December 20, 2018

ERP Software for Apparel & Textile Industries 2018 Global Market Key Players – Fishbowl, Oracle Corporation, Priority Software, Prodsmart, Deskera, Royal 4 Systems, Sage Group, MRPeasy, Acumatica.....

ERP Software for Apparel & Textile Industries – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday
November 06, 2018

Distribution Software 2018 Global Market Key Players – SAP, Oracle, Sage Group Infor, JDA Software Group, AccSoft Business Solutions – Analysis and Forecast to 2023

WiseGuyRerports.com Presents “Global Distribution Software Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday
November 02, 2018

Breaking: Sage Group names new CEO

Tech giant The Sage Group plc has announced the appointment of a new chief executive officer. Steve Hare, who takes up the role with immediate effect, joined the Sage board in 2014 as chief financial officer. On August 31 this year, he assumed the additional post of interim chief operating officer w…
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 Sage Frequently Asked Questions

  • When was Sage founded?

    Sage was founded in 1981.

  • Who are Sage key executives?

    Sage's key executives are Steve Hare, Derk Bleeker and Robert Reid.

  • How many employees does Sage have?

    Sage has 12,643 employees.

  • What is Sage revenue?

    Latest Sage annual revenue is £1.9 b.

  • What is Sage revenue per employee?

    Latest Sage revenue per employee is £153.1 k.

  • Who are Sage competitors?

    Competitors of Sage include Ideagen, Intuit and Xero.

  • Where is Sage headquarters?

    Sage headquarters is located at North Park, Newcastle Upon Tyne.

  • Where are Sage offices?

    Sage has offices in Newcastle Upon Tyne, London, Salford, Winnersh and in 48 other locations.

  • How many offices does Sage have?

    Sage has 52 offices.