Sophos annual revenue was $543.7 m in FY 2020

Sophos Revenue growth (FY, 2019 - FY, 2020), %(23%)

Sophos Gross profit (FY, 2020)419 M

Sophos Gross profit margin (FY, 2020), %77.1%

Sophos Net income (FY, 2020)-70.8 M

Sophos EBIT (FY, 2020)-146.3 M

Sophos Cash, 30-Mar-2020182.4 M

Sophos revenue was $543.7 m in FY, 2020 which is a 23.5% year over year decrease from the previous period.

## Founding Date | 1985 |

Sophos revenue breakdown by business segment: 83.3% from Subscription, 15.9% from Hardware and 0.8% from Other

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Revenue | 640.7m | 710.6m | 543.7m |

| 21% | 11% | (23%) |

## Cost of goods sold | 143.3m | 146.4m | 124.7m |

## Gross profit | 497.4m | 564.2m | 419.0m |

| 78% | 79% | 77% |

## Sales and marketing expense | 249.0m | 259.9m | 164.0m |

## R&D expense | 145.8m | 143.9m | 95.6m |

## General and administrative expense | 134.5m | 99.5m | 305.7m |

## Operating expense total | 529.3m | 503.3m | 565.3m |

## EBIT | (31.9m) | 60.9m | (146.3m) |

| (5%) | 9% | (27%) |

## Interest expense | 9.0m | 9.8m | 12.6m |

## Interest income | 300.0k | 900.0k | 5.1m |

## Pre tax profit | (52.3m) | 53.6m | (50.3m) |

## Income tax expense | 14.0m | 26.7m | 20.5m |

## Net Income | (66.3m) | 26.9m | (70.8m) |

## EPS | (0.1) | 0.1 |

USD | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|

## Revenue | 256.9m | 298.1m | 349.5m |

## Cost of goods sold | 58.4m | 65.8m | 72.9m |

## Gross profit | 198.5m | 232.3m | 276.6m |

| 77% | 78% | 79% |

## Sales and marketing expense | 101.4m | 119.9m | 131.0m |

## R&D expense | 55.9m | 68.1m | 74.0m |

## General and administrative expense | 65.8m | 68.1m | 44.6m |

## Operating expense total | 223.1m | 256.1m | 249.6m |

## EBIT | (24.6m) | (23.8m) | 27.0m |

| (10%) | (8%) | 8% |

## Interest expense | 4.2m | 4.7m | 4.9m |

## Interest income | 300.0k | 400.0k | |

## Pre tax profit | (28.4m) | (36.1m) | 26.0m |

## Income tax expense | 5.7m | 2.7m | 15.0m |

## Net Income | (34.1m) | (38.8m) | 11.0m |

## EPS | (0.1) | (0.1) | 0.0 |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 120.0m | 172.1m | 182.4m |

## Accounts Receivable | 151.8m | 128.7m | 108.1m |

## Prepaid Expenses | 18.6m | 26.9m | 22.2m |

## Inventories | 16.0m | 10.6m | 9.3m |

## Current Assets | 322.0m | 383.6m | 365.0m |

## PP&E | 25.4m | 23.9m | 15.1m |

## Goodwill | 826.0m | 785.3m | 489.2m |

## Total Assets | 1.3b | 1.4b | 1.1b |

## Accounts Payable | 39.6m | 35.8m | 37.2m |

## Short-term debt | 17.4m | 4.5m | 9.0m |

## Current Liabilities | 598.4m | 571.7m | 1.0b |

## Long-term debt | 306.8m | 302.8m | 31.6m |

## Non-Current Liabilities | 654.2m | 648.5m | 610.5m |

## Total Debt | 324.2m | 307.3m | 40.6m |

## Total Liabilities | 1.3b | 1.2b | 1.6b |

## Common Stock | 22.0m | 22.5m | 23.8m |

## Additional Paid-in Capital | 122.3m | 126.6m | 142.5m |

## Retained Earnings | 60.0m | 119.8m | (429.4m) |

## Total Equity | 91.8m | 155.7m | (559.0m) |

## Debt to Equity Ratio | 3.5 x | 2 x | -0.1 x |

## Debt to Assets Ratio | 0.2 x | 0.2 x | 0 x |

## Financial Leverage | 14.6 x | 8.8 x | -1.9 x |

USD | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|

## Cash | 90.0m | 81.1m | 171.4m |

## Inventories | 19.5m | 21.3m | 18.1m |

## Current Assets | 209.4m | 234.2m | 357.4m |

## PP&E | 22.0m | 26.6m | 22.0m |

## Goodwill | 714.2m | 821.0m | 814.8m |

## Total Assets | 1.1b | 1.3b | 1.4b |

## Short-term debt | 1.2m | 18.4m | 600.0k |

## Current Liabilities | 387.8m | 551.5m | 556.3m |

## Long-term debt | 299.3m | 303.7m | 303.2m |

## Non-Current Liabilities | 542.1m | 607.5m | 625.2m |

## Total Debt | 300.5m | 322.1m | 303.8m |

## Total Liabilities | 929.9m | 1.2b | 1.2b |

## Common Stock | 21.5m | 21.8m | 22.3m |

## Additional Paid-in Capital | 116.5m | 120.3m | 125.1m |

## Retained Earnings | 166.6m | 94.0m | 111.1m |

## Total Equity | 124.9m | 117.9m | 170.7m |

## Debt to Equity Ratio | 2.4 x | 2.7 x | 1.8 x |

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.2 x |

## Financial Leverage | 8.4 x | 10.8 x | 7.9 x |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Net Income | (66.3m) | 26.9m | (148.1m) |

## Depreciation and Amortization | 37.8m | 28.6m | 35.0m |

## Accounts Receivable | (22.9m) | 8.3m | (24.8m) |

## Inventories | 1.7m | 4.7m | (3.6m) |

## Accounts Payable | 10.4m | (20.1m) | 68.7m |

## Cash From Operating Activities | 147.7m | 142.9m | 400.5m |

## Purchases of PP&E | (10.0k) | (12.8m) | (6.4m) |

## Cash From Investing Activities | (25.7m) | (52.2m) | (47.1m) |

## Long-term Borrowings | (50.2m) | (486.5m) | |

## Dividends Paid | (21.8m) | (23.9m) | (18.1m) |

## Cash From Financing Activities | (76.9m) | (30.0m) | (328.1m) |

## Net Change in Cash | 45.1m | 60.7m | 25.3m |

## Income Taxes Paid | 22.1m | 16.7m | 10.2m |

USD | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|

## Net Income | (34.1m) | 38.8m | 11.0m |

## Depreciation and Amortization | 14.4m | 19.1m | 13.5m |

## Accounts Receivable | 26.5m | 28.9m | 54.4m |

## Inventories | (1.9m) | (4.3m) | (2.8m) |

## Accounts Payable | (3.2m) | 4.0m | (14.4m) |

## Cash From Operating Activities | 63.3m | 80.7m | 81.5m |

## Purchases of PP&E | (4.2m) | (6.8m) | (4.8m) |

## Cash From Investing Activities | (7.1m) | (19.0m) | (20.9m) |

## Long-term Borrowings | (25.0m) | (50.1m) | |

## Cash From Financing Activities | (29.3m) | (52.8m) | (1.7m) |

## Net Change in Cash | 26.9m | 8.9m | 58.9m |

## Income Taxes Paid | 5.0m | 8.0m | 7.5m |

USD | H1, 2017 |
---|---|

## Debt/Equity | 2.4 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 8.4 x |

Sophos's Users was reported to be 100 m in FY, 2019. Sophos's Enterprise Customers was reported to be 436 k in FY, 2020.

Q1, 2016 | H1, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | H1, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | H1, 2018 | Nov, 2017 | Q3, 2018 | FY, 2018 | H1, 2019 | FY, 2019 | Q1, 2020 | FY, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Enterprise Customers | 200 k | 200 k | 220 k | 220 k | 240 k | 260 k | 260 k | 280 k | 280 k | 300 k | 317 k | 382 k | 436 k | ||||

## Channel Partners | 15 k | 20 k | 26 k | 30 k | 34 k | 39 k | 43 k | 47 k | 59 k | ||||||||

## Billings | $113.3 m | $242 m | $141.3 m | $535 m | $141.9 m | $279.8 m | $164.1 m | $632.1 m | $164.3 m | $341.5 m | $194.8 m | $768.6 m | $352.7 m | $760.3 m | $183.1 m | $830.9 m | |

## Users | 100 m | 100 m | 100 m | 100 m | 100 m | 100 m | 100 m | 100 m | 100 m | 100 m | 100 m | 100 m | 100 m | 100 m | |||

## Countries | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 140 | ||

## Cash Donated to Charity | $33.6 k | $36.2 k | |||||||||||||||

## Offices | 40 | 40 | 40 | 51 |