SciQuest

Technology automation cloud enterprise software mobile

SciQuest (Nasdaq: SQI) is the leading public provider of spend management solutions delivering value beyond savings. Through the continued release of key innovative technology and a fanatical drive toward making our customers successful, we deliver exceptional value in user experience, productivity and operational efficiency. Our cloud-based, mobile-enabled, source-to-settle platform addresses all stages of procurement from the automation of core processes to enabling sophisticated, strategic and multifaceted sourcing solutions. We specialize in handling simple procurement needs to the most advanced supplier and supply chain requirements. SciQuest serves a wide range of industries and organizations including many of the Global Fortune 500.

Revenue(FY, 2015)

$105.4 M

Type

Subsidiary

Morrisville, US

Founded

1995

Website

sciquest.com

SciQuest was founded in 1995 and is headquartered in Morrisville, US

SciQuest Office Locations

SciQuest has offices in Morrisville, Pittsburgh, Newtown Township, Houston and in 3 other locations

Morrisville, US (HQ)

100 3020 Carrington Mill Blvd

Hamburg, DE

1 Poßmoorweg

London, GB

Trafalgar Square

Edmonton, CA

10180 101 St NW

Houston, US

435 1776 Yorktown

Newtown Township, US

210 18 Campus Blvd

SciQuest Data and Metrics

SciQuest Summary

Founding Date	1995

SciQuest Financial Metrics

SciQuest's revenue was reported to be $105.4 m in FY, 2015 which is a 3% increase from the previous period.

Income Statement

USD	FY, 2013	FY, 2014	FY, 2015
Revenue	90.2 m	101.9 m	105.4 m
Revenue growth, %		13%	3%
Cost of goods sold	27.4 m	31.5 m	33.6 m
Gross profit	62.8 m	70.4 m	71.8 m
Gross profit Margin, %	70%	69%	68%
Sales and marketing expense	24.3 m	25.6 m	26.9 m
R&D expense	28.3 m	28.3 m	27.3 m
General and administrative expense	13 m	14 m	12.3 m
Operating expense total	67.9 m	71.1 m	69.3 m
EBIT	(5.1 m)	(688 k)	2.5 m
EBIT margin, %	(6%)	(1%)	2%
Interest income	61 k	297 k	605 k
Pre tax profit	(5.1 m)	(538 k)	2.8 m
Income tax expense	376 k	469 k	(941 k)
Net Income	(4.7 m)	(69 k)	1.9 m

Balance Sheet

USD	FY, 2013	FY, 2014	FY, 2015
Cash	19.1 m	59.4 m	67.9 m
Inventories			234.3 m
Current Assets	50.8 m	146 m	158.4 m
PP&E	10 m	13.6 m	15.2 m
Goodwill	65.3 m	63.8 m	61.5 m
Total Assets	173.4 m	265.2 m	271.9 m
Accounts Payable			194.1 m
Current Liabilities	71.9 m	70.2 m	71.9 m
Additional Paid-in Capital	108.9 m	204.1 m	212.1 m
Retained Earnings	(19.3 m)	(19.4 m)	(17.5 m)
Total Equity		181.7 m	188.6 m
Financial Leverage		1.5 x	1.4 x

Cash Flow

USD	FY, 2013	FY, 2014	FY, 2015
Net Income	(4.7 m)	(69 k)	1.9 m
Depreciation and Amortization	8 m	10.9 m	11.8 m
Cash From Operating Activities	18 m	17.4 m	18.3 m
Purchases of PP&E	(2.9 m)	(4.2 m)	(2.8 m)
Cash From Investing Activities	(17.5 m)	(66.1 m)	(12.1 m)
Cash From Financing Activities	3 m	89.1 m	2.3 m
Income Taxes Paid			390 k