Company Growth (employees)
Silver Spring was founded in 2002 and is headquartered in San Jose, US
Key People at Silver Spring
Michael Bell
President, CEO
Rick Arnold
General Counsel & Secretary
Silver Spring Office Locations
Silver Spring has offices in San Jose, Chicago, Escondido, San Antonio and in 9 other locations
San Jose, US (HQ)
230 W Tasman Dr
São Paulo, BR
1089 Av. Roque Petroni Júnior
Paris, FR
26 Boulevard Malesherbes
London, GB
305 1 Eversholt St
Singapore, SG
02 11 460 Alexandra Rd
Melbourne, AU
25 360 Collins St
San Antonio, US
1200 300 Convent St
Escondido, US
105 120 W Grand Ave
Chicago, US
4025 Willis Tower 233 S Wacker Dr
Silver Spring Data and Metrics
Silver Spring Financial Metrics
Silver Spring's revenue was reported to be $311 m in FY, 2016 which is a 36% decrease from the previous period.
USD
Revenue (FY, 2016) | 311 m |
Revenue growth (FY, 2015 - FY, 2016), % | (36%) |
Gross profit (FY, 2016) | (172.5 b) |
Gross profit margin (FY, 2016), % | (55464%) |
Net income (FY, 2016) | (21.6 m) |
EBIT (FY, 2016) | (19.9 b) |
Market capitalization (23-Jun-2017) | 609.4 m |
Closing share price (23-Jun-2017) | 11.5 |
Cash (31-Dec-2016) | 50.4 m |
Silver Spring's current market capitalization is $609.4 m.
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|
Revenue | 326.9 m | 191.3 m | 489.6 m | 311 m | ||
Revenue growth, % | (41%) | 156% | (36%) | |||
Cost of goods sold | 166.1 m | 115.3 m | 150.3 m | 77.2 m | 202.4 m | 172.8 b |
Gross profit | 176.5 m | 114.1 m | 287.1 m | (172.5 b) | ||
Gross profit Margin, % | 54% | 60% | 59% | (55464%) | ||
Operating expense total | 157.1 m | 144.2 m | 142.8 m | 158.1 b | ||
EBIT | (41.8 m) | (87.9 m) | 83 m | (19.9 b) | ||
EBIT margin, % | (13%) | (46%) | 17% | (6406%) | ||
Interest expense | 343 k | 4.3 m | 1.2 m | 132 k | 52 k | 7 m |
Interest income | 86 k | 316 k | 468 k | 470 m | ||
Pre tax profit | (66.6 m) | (87.7 m) | 83.1 m | (19.3 b) | ||
Income tax expense | 363 k | 390 k | 224 k | 1.4 m | 3.1 m | (2.4 b) |
Net Income | (66.8 m) | (89.2 m) | 80 m | (21.6 m) |
| USD | Y, 2010 | Y, 2011 | Y, 2012 | Y, 2013 | Y, 2014 | Y, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|
Cash | 42.7 m | 71.7 m | 72.6 m | 82.6 m | 60.5 m | 65.3 m | 50.4 m |
Accounts Receivable | 69.7 m | 54.7 m | 47.8 m | 44.8 m | |||
Inventories | 4.8 m | 5.1 m | 10.8 m | 12.5 m | |||
Current Assets | 262.1 m | 222.3 m | 384.5 m | 378.4 m | |||
PP&E | 12.4 m | 12.9 m | 14.1 m | 29 m | |||
Total Assets | 516.4 m | 548.2 m | 457.7 m | 447.1 m | |||
Accounts Payable | 31.3 m | 27.5 m | 30.6 m | 26.8 m | |||
Current Liabilities | 166.7 m | 143.9 m | 378.8 m | 363.2 m | |||
Additional Paid-in Capital | 539 m | 573.3 m | 594.3 m | 618.6 m | |||
Retained Earnings | (617.3 m) | (706.4 m) | (626.4 m) | (648.1 m) | |||
Total Equity | (78.1 m) | (133.8 m) | |||||
Financial Leverage | -6.6 x | -4.1 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | (66.8 m) | (89.2 m) | 80 m | (21.6 m) |
Depreciation and Amortization | 6.6 m | 6.5 m | 7.8 m | 8.6 m |
Accounts Receivable | (13 m) | 15.6 m | 7.4 m | 3.1 m |
Inventories | (1.2 m) | (724 k) | (5.1 m) | 2.3 m |
Accounts Payable | 2.8 m | (4.1 m) | 3.1 m | (4.5 m) |
Cash From Operating Activities | 10 m | (8.8 m) | 19.7 m | 20.8 m |
Purchases of PP&E | (4 m) | (6.1 m) | (5.4 m) | (24.8 m) |
Cash From Investing Activities | (67.2 m) | (12.3 m) | (11.7 m) | (33.9 m) |
Cash From Financing Activities | 77.1 m | (983 k) | (3 m) | (1.6 m) |
Silver Spring Operating Metrics
Silver Spring's Customers was reported to be 53 in FY, 2016, which is a 8% increase from the previous period. Silver Spring's Order Book was reported to be $159.2 m in FY, 2016, which is a 5% increase from the previous period
- Source: SEC Filings
