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Spindle

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Technologyapp developmentmobile app
Spindle is an innovator of unified commerce solutions for consumer-facing merchants of all sizes. It is focused on pioneering new ways for businesses to rapidly integrate mission critical business services, payment acceptance, and mobile marketing services-while empowering location-based merchant discovery, fulfillment and frictionless consumer engagement. Spindle is dedicated to offering cutting-edge solutions that surpass traditional boundaries and allow clients, partners, merchants and consumers to take full advantage of the rapidly emerging mobile economy. Spindle's extensive proprietary intellectual property portfolio-which includes patents pending-encompasses networks, mobile payments, and security.
Revenue(FY, 2017)
$88.2 K
TypeSubsidiary
Parent CompanyTwitter
HQMesa, AZ, US
Founded2007
Websitespindle.com
Cybersecurity ratingAMore
Spindle was founded in 2007 and is headquartered in Mesa, AZ, US

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Key People/Management at Spindle

Jack Scott

Jack Scott

Chairman of the Board, Interim Chief Executive Officer
Christopher Wesser

Christopher Wesser

President and Director
Ronald S. McIntyre

Ronald S. McIntyre

Director
Joseph Horowitz

Joseph Horowitz

Director
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Spindle Office Locations

Spindle has an office in Mesa
Mesa, AZ, US (HQ)
Mesa, AZ 85210, USA
Show all (1)

Spindle Financials and Metrics

Summary Metrics

Founding Date

2007

Total Funding

$5.2 m
In total, Spindle had raised $5.2 m. Spindle is a subsidiary of Twitter

Spindle Revenue

Spindle's revenue was reported to be $88.25 k in FY, 2017
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

31.4k83.4k1.3m868.5k521.0k589.0k88.2k

Cost of goods sold

19.7k563.5k311.4k211.9k69.9k46.0k

Gross profit

63.7k750.1k557.1k309.1k519.1k42.2k

Gross profit Margin, %

76%57%64%59%88%48%
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

22.8k378.2k327.2k278.0k297.9k177.9k200.5k165.0k128.2k133.6k215.0k257.4k116.0k32.2k39.0k48.5k3.0k2.3k2.3k

Cost of goods sold

87.0122.6k109.9k135.8k96.1k96.9k50.7k47.5k46.4k51.6k11.0k13.3k28.3k16.5k21.0k7.1k1.4k939.0583.0

Gross profit

22.7k255.6k217.3k142.2k201.9k81.0k149.8k117.6k81.8k82.0k204.0k244.1k87.7k15.7k18.1k41.4k1.7k1.3k1.7k

Gross profit Margin, %

100%68%66%51%68%46%75%71%64%61%95%95%76%49%46%85%55%59%74%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

3.1k111.6k700.3k169.8k161.2k3.6k11.8k

Accounts Receivable

11.0k37.4k171.7k82.4k105.1k82.9k5.1k

Prepaid Expenses

135.5k168.8k87.4k1.8m17.3k

Inventories

61.1k100.6k10.6k10.6k
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

764.0251.020.0k20.6k119.4k31.0k432.4k118.7k770.9k41.5k133.0k127.6k270.4k171.4k293.3k81.5k15.8k45.7k26.9k17.6k5.9k76.2k2.8k

Accounts Receivable

11.0k11.0k181.7k152.3k120.3k99.7k87.9k76.0k68.3k66.5k30.5k264.2k221.9k190.4k100.0k66.3k15.1k3.1k11.4k22.8k

Prepaid Expenses

118.0118.05.0k50.3k166.6k307.3k487.1k469.1k185.8k83.3k299.8k138.1k338.1k167.9k120.3k231.4k141.2k139.1k613.5k392.0k100.2k77.0k36.4k

Inventories

105.1k105.1k109.3k106.2k107.0k108.4k10.6k10.6k10.6k
show all
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(446.1k)(2.3m)(3.7m)(8.9m)(3.9m)(9.1m)(3.1m)

Depreciation and Amortization

170.052.6k244.8k592.1k546.8k428.5k38.2k

Inventories

61.1k39.6k(90.1k)

Accounts Payable

20.1k355.5k741.7k375.5k69.0k117.9k160.5k
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(2.5k)(3.2k)(187.0k)(412.8k)(536.2k)(675.2k)(861.7k)(2.3m)(1.0m)(4.3m)(5.5m)(1.1m)(1.5m)(2.1m)(969.0k)(1.8m)(4.2m)(848.1k)(1.4m)(1.8m)(715.7k)(1.3m)(2.4m)

Depreciation and Amortization

12.7k12.9k33.4k13.5k159.1k139.3k284.5k437.3k148.0k289.6k414.6k109.7k224.6k342.7k7.5k16.2k27.3k1.6k2.9k4.1k

Inventories

44.1k105.1k109.3k5.6k6.4k7.7k

Accounts Payable

75.5k218.9k417.9k(102.7k)100.9k103.7k(285.7k)(71.2k)(73.0k)(110.3k)43.2k188.6k161.5k39.4k23.4k181.2k
show all
USDQ2, 2011

Financial Leverage

-0.5 x
Show all financial metrics

Spindle Cybersecurity Score

Cybersecurity ratingPremium dataset

A

100/100

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Spindle Online and Social Media Presence

Spindle's Trends

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Spindle Blogs

August 06, 2018

Spindle Names Seasoned Veteran Executive Christopher Wesser President

Joseph Horowitz Added to Board of Directors MESA, AZ / ACCESSWIRE / August 6, 2018 / Spindle, Inc. (OTCQB: SPDL) (''Spindle'' or the ''Company''), a provider of payment processing services, today announced that it has named Christopher Wesser President. Wesser ascends to the role of President afte…
June 14, 2018

Spindle Appoints Christopher Wesser to Board of Directors

MESA, AZ / ACCESSWIRE / June 14, 2018 / Spindle, Inc. (OTCQB: SPDL) ("Spindle" or the "Company"), a provider of payment processing services, today announced that it has appointed Christopher Wesser to its Board of Directors. Mr. Wesser most recently served as Executive Vice President, Secretary, and…

 Spindle Frequently Asked Questions

  • When was Spindle founded?

    Spindle was founded in 2007.

  • Who are Spindle key executives?

    Spindle's key executives are Jack Scott, Christopher Wesser and Ronald S. McIntyre.

  • How many employees does Spindle have?

    Spindle has 7 employees.

  • What is Spindle revenue?

    Latest Spindle annual revenue is $88.2 k.

  • What is Spindle revenue per employee?

    Latest Spindle revenue per employee is $12.6 k.

  • Who are Spindle competitors?

    Competitors of Spindle include Buddybuild, GoodBarber and Mobiquity.

  • Where is Spindle headquarters?

    Spindle headquarters is located at Mesa, AZ 85210, USA, Mesa.

  • Where are Spindle offices?

    Spindle has an office in Mesa.

  • How many offices does Spindle have?

    Spindle has 1 office.