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, HR management, enterprise resource planning, customer relationship management, and payments. The company serves business owners, bookkeepers, and finance directors.

TypePublic
Founded1981
HQNewcastle Upon Tyne, GB
Websitesage.com
Employee Ratings4
Overall CultureA+

Latest Updates

Employees (est.) (Sept 2021)11,785(-5%)
Job Openings527
Revenue (FY, 2021)£1.8 B(-2%)
Share Price (Apr 2022)£7.1
Cybersecurity ratingCMore
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Key People/Management at Sage

Steve Hare

Steve Hare

Chief Executive Officer
Jonathan Howell

Jonathan Howell

Chief Financial Officer
Derk Bleeker

Derk Bleeker

President
Marcus Banks

Marcus Banks

Executive Vice President
Vicki Bradin

Vicki Bradin

General Counsel and Company Secretary
Sangeeta Anand

Sangeeta Anand

Independent Non-Exec​utive Director
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Sage Office Locations

Sage has offices in Newcastle Upon Tyne, London, Salford, Wallsend and in 49 other locations
Newcastle Upon Tyne, GB (HQ)
North Park
London, GB
32 London Bridge St
Salford, GB
1, Exchange Quay
Wallsend, GB
23 Cobalt Park Way
Winnersh, GB
Sage House, Wharfedale Rd
Chatswood, AU
Level 11, Zenith Tower B, 821 Pacific Highway
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Sage Financials and Metrics

Sage Revenue

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Sage's revenue was reported to be £1.85 b in FY, 2021 which is a 3% decrease from the previous period.
GBP

Revenue (FY, 2021)

1.8b

Revenue growth (FY, 2020 - FY, 2021), %

(3%)

Gross profit (FY, 2021)

1.7b

Gross profit margin (FY, 2021), %

92.9%

Net income (FY, 2021)

285.0m

EBIT (FY, 2021)

373.0m

Market capitalization (27-Apr-2022)

7.3b

Closing stock price (27-Apr-2022)

7.1

Cash (30-Sept-2021)

553.0m

EV

7.5b
Sage's current market capitalization is £7.3 b.
Annual
GBPFY, 2019FY, 2020FY, 2021

Revenue

1.9b1.9b1.8b

Revenue growth, %

5%(2%)(3%)

Cost of goods sold

138.0m126.0m131.0m

Gross profit

1.8b1.8b1.7b
Half Year
GBPH1, 2019H1, 2020H1, 2021

Revenue

957.0m975.0m937.0m

Cost of goods sold

70.0m64.0m72.0m

Gross profit

887.0m911.0m865.0m

Gross profit Margin, %

93%93%92%
Annual
GBPFY, 2019FY, 2020FY, 2021

Cash

371.0m831.0m553.0m

Accounts Receivable

257.0m202.0m201.0m

Prepaid Expenses

55.0m48.0m48.0m

Current Assets

801.0m1.2b924.0m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Cash

351.0m912.0m693.0m

Accounts Receivable

37.0m

Inventories

2.0m

Current Assets

757.0m1.3b1.1b
Annual
GBPFY, 2019FY, 2020FY, 2021

Net Income

266.0m310.0m285.0m

Depreciation and Amortization

81.0m138.0m87.0m

Accounts Payable

46.0m44.0m107.0m

Cash From Operating Activities

472.0m406.0m376.0m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Net Income

154.0m224.0m146.0m

Cash From Operating Activities

277.0m239.0m209.0m

Purchases of PP&E

(17.0m)(11.0m)(24.0m)

Cash From Investing Activities

64.0m203.0m12.0m
GBPH1, 2019

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

2.3 x
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Sage Operating Metrics

H1, 2019FY, 2019H1, 2020FY, 2020H1, 2021FY, 2021

User Retention Rate

101%

Annual Recurring Revenue

£1.55 b£1.69 b£1.69 b£1.61 b£1.6 b£1.68 b

Countries

2323

Vendors

1 k500700
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Sage Acquisitions / Subsidiaries

Company NameDateDeal Size
GoProposalOctober 05, 2021
Task SheriffMarch 26, 2021
Sage HRNovember 29, 2019
AutoEntrySeptember 27, 2019
OCREXSeptember 27, 2019
Sage IntacctJuly 25, 2017$850 m
Exact Software Deutschland - PayrollJuly 21, 2017£12.9 m
CompassMarch 30, 2017
Fairsail LtdMarch 03, 2017
PAI GroupSeptember 22, 2014$158 m
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Sage Revenue Breakdown

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Sage revenue breakdown by geographic segment: 37.2% from North America, 31.6% from Central and Southern Europe, 21.8% from Northern Europe and 9.4% from International

Human Capital Metrics

Sage's employees are reported to be approximately 55% female and 45% male.
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Sage Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Sage Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Sage Online and Social Media Presence

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Sage Company Culture

  • Overall Culture

    A+

    84/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    88/100

  • Diversity

    A+

    83/100

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Sage News and Updates

Sage helps SMBs Support Employee Financial Wellbeing with Earned Wage Access Partnership

Sage, the market leader in cloud business management solutions, has launched a new Earned Wage Access service to support its payroll customers to improve employee wellbeing.

Sage Partner Cloud provides a flexible path to the cloud for UK and Ireland businesses

Sage, the market leader in cloud business management solutions, today announces the expansion of the Sage Partner Cloud program to the UK and Ireland market. This bespoke program, also available in the U.S. and Canada, is designed to enable Sage Partners to successfully move customers to the cloud a…

Trading update for the nine months ended 30 June 2021

The Sage Group plc (the “Group”) today announces its trading update for the nine months ended 30 June 2021.

Sage Partner Cloud expands path to the cloud for US businesses

Sage, the market leader in cloud business management solutions, today announced the expansion of the Sage Partner Cloud.

Sage leadership receives accolades in Top 50 Comparably Awards

Sage (FTSE:SGE), the market leader in cloud business management solutions, wins in two of four categories for Comparably’s quarterly best-places-to-work awards. Sage is ranked in the Top 50 ranked list for Best Leadership Teams and Best Career Growth in Q2 2021.

Sage supports small businesses with cross border trading in wake of EU VAT E-commerce Package

Sage, the market leader in cloud business management solutions, has launched enhanced functionality that will support customers trading cross border following the introduction of the new EU VAT E-commerce Package.
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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, Jonathan Howell and Derk Bleeker.

  • How many employees does Sage have?

    Sage has 11,785 employees.

  • What is Sage revenue?

    Latest Sage annual revenue is £1.8 b.

  • What is Sage revenue per employee?

    Latest Sage revenue per employee is £156.6 k.

  • Who are Sage competitors?

    Competitors of Sage include SAP Deutschland, Advanced and Pegasystems.

  • 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, Wallsend and in 49 other locations.

  • How many offices does Sage have?

    Sage has 55 offices.