Thinspace

Thinspace is a cloud computing company, which develops software productivity solutions worldwide. It principally develops and sells network software. The Company offers skySpace, a desktop virtualization solution suite, which comprises skyDesk, a management software solution for Microsoft remote desktop users; skyGate, a software solution that allows secure remote access to applications and data from outside of the corporate network; skyView, which offers access to applications or Windows desktops from a browser on any device; skyDirect, a virtual desktop infrastructure software solution that allows secure fast access to hosted virtual desktops; and skyPoint, a hardware thin client endpoint solution for the enterprise and corporate market. The Company sells its products directly to independent software vendors and application service providers; and through a chain of distributors and resellers to end users in public and private sectors.

Revenue(FY, 2014)

$1.5 M

Market capitalization(2017-10-31)

$62.6 K

Type

Public

Carrollton, US

Founded

2004

Size (employees)

11 (est)

Website

thinspace.com

Thinspace was founded in 2004 and is headquartered in Carrollton, US

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Thinspace Office Locations

Thinspace has an office in Carrollton

Carrollton, US (HQ)

349 1925 E Belt Line Rd

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Thinspace Financials and Metrics

Thinspace Financials

Thinspace's revenue was reported to be $1.51 m in FY, 2014 which is a 75.9% decrease from the previous period.

Summary

USD
Revenue (FY, 2014)	1.5 m
Revenue growth (FY, 2013 - FY, 2014), %	(75.9%)
Gross profit (FY, 2014)	814.2 k
Gross profit margin (FY, 2014), %	53.9%
Net income (FY, 2014)	(1.5 m)
EBIT (FY, 2014)	(1.2 m)
Market capitalization (31-Oct-2017)	62.6 k
Closing share price (31-Oct-2017)	0
Cash (31-Dec-2015)	10.2 k

Thinspace's current market capitalization is $62.6 k.

Source: SEC Filings

Income Statement

USD	FY, 2013	FY, 2014
Revenue	6.3 m	1.5 m
Revenue growth, %		(76%)
Cost of goods sold	3.5 m	695.1 k
Gross profit	2.8 m	814.2 k

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Source: SEC Filings

Balance Sheet

GBP	FY, 2007	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015
Cash	71.8 k	4.7 k	8 k	13.4 k	50.7 k	38.3 k	4.8 k	24.7 k	10.2 k
Accounts Receivable	134.7 k	63.2 k	122.1 k	171 k	234.5 k	175.1 k	94.5 k	452 k	13.8 k
Inventories							36.3 k	17.1 k
Current Assets	206.6 k	99.7 k	149.2 k	184.4 k	285.2 k	213.5 k	99.3 k	476.7 k	24.1 k