TeleNav

Manufacturing & Industrial Technology application software navigation satellite self driving wireless

Telenav is the leader in personalized navigation. Our mission is to help reduce stress, improve productivity, and make life more fun for people on the go.

Our personalized navigation apps like Scout help people make smarter decisions about where to go, how to get there, and when to leave. Our location-targeted advertising platform Thinknear delivers highly-targeted advertising for national brands and small businesses at locations that drive consumer behavior to the advertisers’ goals.

Our products are found in mobile app stores, distributed through our carrier partners AT&T, Sprint, T-Mobile, and U.S. Cellular, embedded in connected cars.

Revenue(Q3, 2017)

$35.1 M

Market capitalization(2017-08-15)

$267.7 M

Company Growth (employees)

Type

Public

Sunnyvale, US

Size (employees)

583 (est)

Website

telenav.com

TeleNav is headquartered in Sunnyvale, US

Key People at TeleNav

Y.C. Chao

Co-Founder and CTO

Evan Berg

VP, Corporate Development and Strategy

TeleNav Office Locations

TeleNav has offices in Sunnyvale, Southfield, Culver City, New York and in 6 other locations

Sunnyvale, US (HQ)

950 De Guigne Drive

Cluj-Napoca, RO

1 Cuza Voda Street, 3rd Floor

Berlin, DE

Fasanenstr. 81

Tokyo, JP

28th Floor, Taiyo Seimei Shinagawa Building, 16-2, Konan 2-chome, Minato-ku

Xi’an, CN

B-101, 01 Square, Xi’an Software Park, No.72, Ke Ji 2nd Rd., Xi’an High-Tech Zone

Shanghai, CN

10F, V-CAPITAL NO. 333 XianXia Road, Changning

TeleNav Data and Metrics

TeleNav Financial Metrics

TeleNav's revenue was reported to be $35.1 m in Q3, 2017

Summary

USD

TeleNav's current market capitalization is $267.7 m.

Source: SEC Filings

Income Statement

Annual

USD	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue				150.3 m	160.2 m	183.3 m
Revenue growth, %					7%	14%
Cost of goods sold	6.4 m	13.6 m	38.2 m	60.8 m	78.8 m	100.8 m
Gross profit				89.5 m	81.5 m	82.5 m
Gross profit Margin, %				60%	51%	45%
Sales and marketing expense				33.1 m	27 m	25.6 m
R&D expense				60.6 m	68.1 m	68.9 m
General and administrative expense				26.2 m	23.6 m	24 m
Operating expense total				124.3 m	119.8 m	117.1 m
EBIT				(34.8 m)	(38.3 m)	(34.6 m)
EBIT margin, %				(23%)	(24%)	(19%)
Income tax expense	28.6 m	13.6 m	1.1 m	(4 m)	(13 m)	511 k
Net Income				(29.5 m)	(23.1 m)	(35.3 m)

Quarterly

USD	Q1, 2014	Q2, 2014	Q3, 2015	Q1, 2015	Q2, 2015	Q3, 2016	Q1, 2016	Q2, 2016	Q3, 2017
Revenue	35 m	39.8 m	42.3 m	44.1 m	45.3 m	46.3 m	42.2 m	52 m	35.1 m
Cost of goods sold		19.5 m	20.8 m	23.4 m	24.5 m	26.1 m	23.5 m	28.7 m	17.7 m
Gross profit		20.2 m	21.4 m	20.7 m	20.7 m	20.2 m	18.8 m	23.3 m	17.4 m
Gross profit Margin, %		51%	51%	47%	46%	44%	44%	45%	50%
Sales and marketing expense	6.2 m	6.7 m	6.9 m	7 m	6.5 m	6.8 m	5.3 m	5.3 m	6 m
R&D expense	17 m	16.6 m	17.4 m	18 m	16.7 m	17 m	18 m	16.3 m	19.1 m
General and administrative expense	6.2 m	5.7 m	5.7 m	6.2 m	5.8 m	5.5 m	5.5 m	6.9 m	5.5 m
Operating expense total	29.4 m	29 m	29.9 m	31.2 m	29 m	29.3 m	28.8 m	28.5 m	30.6 m
EBIT	(10.4 m)	(9.3 m)	(8.9 m)	(10.5 m)	(6.8 m)	(9.2 m)	(10 m)	(11.6 m)	(13.2 m)
EBIT margin, %	(30%)	(23%)	(21%)	(24%)	(15%)	(20%)	(24%)	(22%)	(38%)
Pre tax profit								(10.9 m)
Income tax expense	(1.1 m)	(5.8 m)	(3.2 m)	113 k	327 k	(11 k)	(395 k)	537 k	663 k
Net Income	(7.9 m)	(2.7 m)	(4.8 m)	(10.8 m)	(6.6 m)	(9.8 m)	(9.3 m)	(11.4 m)	(13.7 m)

Source: SEC Filings

Balance Sheet

Annual

USD	FY, 2014	FY, 2015	FY, 2016
Cash	14.5 m	18.7 m	21.3 m
Accounts Receivable			248.3 k
Inventories	16.4 m	4.3 m	4.4 m
Current Assets	185.8 m	172 m	163.9 m
PP&E	8.8 m	7.1 m	5.2 m
Goodwill	40.7 m	37.5 m	36 m
Total Assets	239.8 m	223.9 m	218.2 m
Accounts Payable	502 k	830 k	5 m
Current Liabilities	32.6 m	33.6 m	45.7 m
Additional Paid-in Capital	129.3 m	140.4 m	149.8 m
Retained Earnings	62.5 m	37.3 m	1.6 m
Total Equity		176.2 m	149.7 m
Financial Leverage		1.3 x	1.5 x

Quarterly

USD	Q1, 2014	Q2, 2014	Q3, 2015	Q1, 2015	Q2, 2015	Q3, 2016	Q1, 2016	Q2, 2016	Q3, 2017
Cash	20 m	15 m	18.6 m	12 m	12.1 m	15.4 m	16.5 m	17.7 m	20.8 m
Current Assets	181.4 m	185.2 m	183.3 m	165.7 m	163.1 m	164.6 m	157.6 m	164 m	160.1 m
PP&E	8.2 m	7.8 m	7.3 m	6.8 m	4.7 m	5.8 m	5.1 m	4.8 m	4.7 m
Goodwill	39.9 m	39 m	38.3 m	36.8 m	36.5 m	36.3 m	35.7 m	35.5 m	35.2 m
Total Assets	234.2 m	236.5 m	234.4 m	218.1 m	214 m	218.2 m	213.6 m	221.4 m	231.5 m
Accounts Payable	798 k	1.1 m	1.4 m	740 k	910 k	6.4 m	9.5 m	10.3 m	10.7 m
Current Liabilities	32.6 m	36.3 m	38.1 m	34.6 m	37.8 m	43.4 m	46 m	59.9 m	58.6 m
Additional Paid-in Capital	133.3 m	135.6 m	138 m	142.1 m	145.5 m	147.8 m	151.1 m	152.8 m	157.1 m
Retained Earnings	54.6 m	51.3 m	45.7 m	26.1 m	19.5 m	9.6 m	(7.7 m)	(19.1 m)	(32.8 m)
Total Equity				166.6 m	162.7 m	155.9 m	141.6 m	130.9 m	121.8 m
Financial Leverage				1.3 x	1.3 x	1.4 x	1.5 x	1.7 x	1.9 x

Cash Flow

Annual

USD	FY, 2014	FY, 2015	FY, 2016
Net Income	(29.5 m)	(23.1 m)	(35.3 m)
Depreciation and Amortization		5.2 m	3.4 m
Accounts Receivable		(10.8 m)	(5.8 m)
Inventories	10 m	5.2 m	(592 k)
Accounts Payable	(75 m)	328 k	4.1 m
Cash From Operating Activities	(11.3 m)	4.2 m	2.6 m
Purchases of PP&E		(1.2 m)	(4 m)
Cash From Investing Activities		16.1 m	8.6 m
Cash From Financing Activities		(2.5 m)	(2.3 m)

Quarterly

USD	Q1, 2014	Q2, 2014	Q3, 2015	Q1, 2015	Q2, 2015	Q3, 2016	Q1, 2016	Q2, 2016	Q3, 2017
Net Income	(7.9 m)	(2.7 m)	(4.8 m)	(10.8 m)	(6.6 m)	(9.8 m)	(9.3 m)	(11.4 m)	(13.7 m)
Accounts Payable	798 k	1.1 m	1.4 m	740 k	910 k	6.4 m	9.5 m	10.3 m	10.7 m

Ratios

USD	Y, 2017
Revenue/Employee	60.1 k
Financial Leverage	1.9 x

TeleNav Operating Metrics

	FY, 2014	Q3, 2014	Q4, 2014	Q1, 2015	FY, 2015	Q3, 2015	Q4, 2015	FY, 2015	Q1, 2016	FY, 2016	Q3, 2016	Q4, 2016	FY, 2016	Q1, 2017	Q2, 2017
Patents (US)	52				71					97
Patents Pending	194				196					168
Patents (foreign)	57				65					91
Billings		$34.91 m	$39.78 m	$42.47 m		$44.06 m	$48.44 m	$164.6 m	$53.13 m		$47.27 m	$59.7 m	$199.9 m	$60.15 m	$218 m
Countries															100

Source: Company Filings

TeleNav Market Value History

TeleNav Revenue Breakdown

TeleNav Job Categories

TeleNav Median Salaries

Source: 87 public H-1B filings from TeleNav

Market Position of TeleNav

Competitors

Garmin

Technology - Public

Zenly, Inc.

Technology - Subsidiary

TeleNav

Company Growth (employees)

Key People at TeleNav

Y.C. Chao

Evan Berg

TeleNav Office Locations

TeleNav Data and Metrics

TeleNav Financial Metrics

Summary

Revenue (Q3, 2017)

Gross profit (Q3, 2017)

Gross profit margin (Q3, 2017), %

Net income (Q3, 2017)

EBIT (Q3, 2017)

Market capitalization (15-Aug-2017)

Cash (31-Mar-2017)

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

Sales and marketing expense

R&D expense

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Income tax expense

Net Income

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

Sales and marketing expense

R&D expense

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Pre tax profit

Income tax expense

Net Income

Balance Sheet

Cash

Accounts Receivable

Inventories

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash Flow

Net Income

Depreciation and Amortization

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

Purchases of PP&E

Cash From Investing Activities

Cash From Financing Activities

Net Income

Accounts Payable