SMTP, Inc. is a NASDAQ listed company providing email services for customers ranging from small business to enterprise-scale clients on a global basis. Our small and entrepreneurial team is leveraging world-leading technology to take on the biggest players in the market for email services.
SMTP's core delivery service improves inbox delivery and open rates and is complemented by the advanced email functionality of GraphicMail and SharpSpring, two recently acquisitions. GraphicMail is an email services provider founded over a decade ago with operations in 14 regions globally. SharpSpring launched an innovative platform for marketing automation in 2014 and is growing rapidly through its sophisticated functionality and compelling ease-of-use. Founded in 1998, SMTP supports tens of thousands of customers in over 130 countries.
SMTP is headquartered in the Boston area, with offices in Cambridge, MA and Nashua, NH and also has operations in Florida, Europe and South Africa.

Company Growth (employees)
Type
Public
HQ
Gainesville, US
Founded
1998
Size (employees)
104 (est)
Website
smtp.com
SMTP was founded in 1998 and is headquartered in Gainesville, US

SMTP Office Locations

SMTP has an office in Gainesville
Gainesville, US (HQ)
304 W University Ave

SMTP Data and Metrics

SMTP Financial Metrics

SMTP's revenue was reported to be $3 m in Q1, 2017
USD

Revenue (Q1, 2017)

3 m

Gross profit (Q1, 2017)

1.8 m

Gross profit margin (Q1, 2017), %

58%

Net income (Q1, 2017)

(1.5 m)

EBIT (Q1, 2017)

(2 m)

Market capitalization (20-Jul-2017)

35.5 m

Closing share price (20-Jul-2017)

4.2

Cash (31-Mar-2017)

7.7 m
SMTP's current market capitalization is $35.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

5.8 m7.5 m14.6 m11.5 m

Revenue growth, %

30%95%(21%)

Cost of goods sold

1 m1.7 m4 m4.5 m

Gross profit

4.7 m5.8 m10.6 m7.1 m

Gross profit Margin, %

82%77%73%61%

Sales and marketing expense

818 k1.8 m5.8 m5.3 m

R&D expense

234.6 k803.4 k2.2 m2.3 m

General and administrative expense

1.7 m3.1 m4.8 m4.4 m

Operating expense total

2.8 m6.7 m18.2 m15.1 m

EBIT

(956.2 k)(7.6 m)(8 m)

EBIT margin, %

(13%)(52%)(70%)

Pre tax profit

1.9 m(972.5 k)(7.8 m)(7.6 m)

Net Income

1.3 m(841.2 k)(8.2 m)5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

1.5 m1.6 m3.3 m3.6 m3.7 m4.2 m2.9 m3 m3 m

Cost of goods sold

351.2 k340.6 k791 k924.3 k1 m1.4 m1 m1.3 m1.3 m

Gross profit

1.1 m1.3 m2.5 m2.7 m2.7 m2.8 m1.9 m1.7 m1.8 m

Gross profit Margin, %

76%79%76%74%73%67%65%58%58%

Sales and marketing expense

228 k380.2 k1.4 m1.3 m1.5 m1.4 m1.3 m1.4 m1.6 m

R&D expense

101.4 k141.9 k471.2 k537.2 k530.2 k550.2 k562.6 k612.1 k659.7 k

General and administrative expense

563.8 k973 k1.1 m1.1 m1.6 m1.3 m925.7 k1.2 m1.4 m

Operating expense total

893.2 k1.5 m2.9 m2.9 m3.7 m3.2 m2.8 m3.3 m3.7 m

EBIT

236.4 k(1.6 m)(987.9 k)(1.3 m)(1.8 m)(2 m)

EBIT margin, %

16%(43%)(24%)(45%)(61%)(68%)

Interest income

144367

Pre tax profit

236.6 k(240 k)(1.6 m)(2.3 m)(1.7 m)(656.4 k)(1.3 m)(1.7 m)(2 m)

Net Income

374.5 k276.7 k(1.2 m)(3 m)(4.3 m)(710.1 k)8.4 m7.1 m(1.5 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.7 m2.8 m4.2 m8.7 m

Accounts Receivable

25 k393.9 k794.1 k

Inventories

2.9 m85.2 m

Current Assets

2.1 m4 m6 m12.7 m

PP&E

281.6 k817 k905.3 k

Goodwill

8.9 m8.9 m8.8 m

Total Assets

2.5 m21.7 m21.2 m25.3 m

Accounts Payable

397.3 k609.5 k498.5 k

Current Liabilities

588.3 k1.8 m7.8 m2.2 m

Total Liabilities

2.4 m

Additional Paid-in Capital

2.2 m13.2 m22.6 m27.6 m

Retained Earnings

(369.5 k)(824.2 k)(9.1 m)(4.1 m)

Total Equity

1.9 m12.3 m13.4 m22.9 m

Financial Leverage

1.3 x1.8 x1.6 x1.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

11.5 m5.9 m2.2 m1.8 m4.5 m3.2 m15.3 m11.6 m7.7 m

Accounts Receivable

19.5 k74.6 k487.4 k520.7 k622.8 k764.5 k817.8 k1.1 m

Current Assets

12 m6.9 m3.9 m4.1 m7.3 m5.4 m18.5 m14.9 m11.6 m

PP&E

332.5 k508.9 k562.2 k859.3 k670.1 k888.7 k924 k

Goodwill

8.4 m8.9 m8.9 m8.9 m8.9 m8.9 m8.9 m8.9 m

Total Assets

12.4 m19.3 m21.2 m21.4 m24.1 m20.3 m33 m29.4 m24.2 m

Accounts Payable

30 k262.4 k355.8 k305.5 k469.5 k670.2 k584.6 k882.6 k658.2 k

Current Liabilities

495.1 k908.2 k1.6 m6.6 m7 m7.3 m6.8 m4.3 m2.3 m

Additional Paid-in Capital

11.9 m11.4 m13.5 m18.7 m22.4 m23 m27.2 m27.3 m27.7 m

Retained Earnings

(2 m)(3.9 m)(5.1 m)(9.8 m)(705.3 k)(1.9 m)(5.6 m)

Total Equity

11.9 m11.4 m11.2 m14.8 m17.1 m13 m26.2 m25 m21.6 m

Financial Leverage

1 x1.7 x1.9 x1.4 x1.4 x1.6 x1.3 x1.2 x1.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.3 m(841.2 k)(8.2 m)5 m

Depreciation and Amortization

102.3 k424.7 k1.7 m1.5 m

Accounts Receivable

13.1 k(153.1 k)(428.8 k)(499.5 k)

Accounts Payable

239 k(156.1 k)

Cash From Operating Activities

1.9 m1.1 m1.3 m(7.1 m)

Purchases of PP&E

(287.5 k)(66.8 k)(625.7 k)(455.5 k)

Cash From Investing Activities

(287.5 k)(7.4 m)(625.7 k)12.8 m

Cash From Financing Activities

(713.8 k)8.1 m3.5 m(1.2 m)

Income Taxes Paid

708 k803.5 k130.3 k3.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

374.5 k276.7 k(1.2 m)(3 m)(4.3 m)(710.1 k)8.4 m7.1 m(1.5 m)

Depreciation and Amortization

60.1 k117.2 k426 k854.4 k1.3 m550.4 k814 k1.2 m196.6 k

Accounts Receivable

5.5 k(34.9 k)(93.5 k)(120.5 k)(240.7 k)49 k(43 k)(301.6 k)214.9 k

Accounts Payable

182.9 k46.1 k(53 k)120.7 k155.5 k

Cash From Operating Activities

346.7 k341.1 k(575.3 k)(753.3 k)(1.4 m)(9.7 k)(691.4 k)(4.3 m)(848.6 k)

Purchases of PP&E

(2.1 k)(50.8 k)(100.9 k)(323 k)(432 k)(119.1 k)(151.3 k)(442.2 k)(83.8 k)

Cash From Investing Activities

(2.1 k)(5 m)(100.9 k)(323 k)(432 k)(751.3 k)13.1 m13 m(86.9 k)

Cash From Financing Activities

9.4 m8.8 m3.4 k58.1 k3.5 m(206.8 k)(1.2 m)(1.2 m)

Income Taxes Paid

618.5 k803.5 k34.3 k38.3 k97.6 k29 k29 k2.6 m54.6 k
USDY, 2017

Revenue/Employee

29.1 k

Financial Leverage

1.1 x

SMTP Market Value History

Traffic Overview of SMTP

SMTP Online and Social Media Presence

SMTP Company Life and Culture

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