$7.5 M

Violin Systems Revenue Q2, 2017
Violin Systems Gross profit (Q2, 2017)206 K
Violin Systems Gross profit margin (Q2, 2017), %2.7%
Violin Systems Net income (Q2, 2017)-20.6 M
Violin Systems EBIT (Q2, 2017)-18.9 M
Violin Systems Cash, 31-Jul-201619.1 M

Violin Systems Funding

Summary Metrics

Founding Date

2005

Time since last funding

3 years ago

Violin Systems investors

Violin Systems Revenue Breakdown

Embed Graph

Violin Systems revenue breakdown by geographic segment: 63.3% from Americas, 22.1% from Europe and 14.6% from Asia Pacific

Violin Systems Income Statement

Annual

USDFY, 2016

Revenue

50.9m

Revenue growth, %

(36%)

Cost of goods sold

28.6m

Gross profit

22.3m

Gross profit Margin, %

44%

Sales and marketing expense

55.6m

R&D expense

41.7m

General and administrative expense

17.2m

Operating expense total

114.5m

EBIT

(92.2m)

EBIT margin, %

(181%)

Pre tax profit

(98.9m)

Income tax expense

142.0k

Net Income

(99.1m)

Quarterly

USDQ1, 2017Q2, 2017

Revenue

9.7m7.5m

Cost of goods sold

5.8m7.3m

Gross profit

3.9m206.0k

Gross profit Margin, %

40%3%

Sales and marketing expense

9.0m7.5m

R&D expense

10.2m8.6m

General and administrative expense

3.4m3.2m

Operating expense total

24.4m19.1m

EBIT

(20.5m)(18.9m)

EBIT margin, %

(211%)(252%)

Pre tax profit

(22.1m)(20.5m)

Income tax expense

10.0k30.0k

Net Income

(22.2m)(20.6m)

Violin Systems Balance Sheet

Annual

USDFY, 2016

Cash

23.9m

Accounts Receivable

5.3m

Inventories

12.0m

Current Assets

97.5m

PP&E

9.3m

Total Assets

112.8m

Accounts Payable

3.7m

Short-term debt

13.4m

Current Liabilities

43.7m

Long-term debt

117.5m

Total Debt

130.9m

Total Liabilities

167.7m

Common Stock

10.0k

Additional Paid-in Capital

505.3m

Retained Earnings

(560.6m)

Total Equity

(54.9m)

Debt to Equity Ratio

-2.4 x

Debt to Assets Ratio

1.2 x

Financial Leverage

-2.1 x

Quarterly

USDQ1, 2017Q2, 2017

Cash

20.2m19.1m

Accounts Receivable

3.9m2.6m

Inventories

11.5m9.8m

Current Assets

67.5m50.2m

PP&E

9.4m8.5m

Total Assets

82.6m64.2m

Accounts Payable

1.9m2.2m

Short-term debt

5.8m7.1m

Current Liabilities

31.5m31.6m

Long-term debt

117.8m118.1m

Total Debt

123.6m125.2m

Total Liabilities

155.5m154.5m

Common Stock

10.0k3.0k

Additional Paid-in Capital

509.3m512.5m

Retained Earnings

(582.8m)(603.3m)

Total Equity

(72.9m)(90.2m)

Debt to Equity Ratio

-1.7 x-1.4 x

Debt to Assets Ratio

1.5 x1.9 x

Financial Leverage

-1.1 x-0.7 x

Violin Systems Cash Flow

Annual

USDFY, 2016

Net Income

(99.1m)

Depreciation and Amortization

8.7m

Accounts Receivable

9.8m

Inventories

(1.6m)

Accounts Payable

(7.8m)

Cash From Operating Activities

(78.6m)

Purchases of PP&E

(6.9m)

Cash From Investing Activities

4.2m

Long-term Borrowings

(41.6m)

Cash From Financing Activities

4.6m

Net Change in Cash

(69.5m)

Interest Paid

5.2m

Income Taxes Paid

388.0k

Quarterly

USDQ1, 2017Q2, 2017

Net Income

(22.2m)(42.7m)

Depreciation and Amortization

2.0m4.1m

Accounts Receivable

1.4m2.7m

Inventories

(140.0k)(1.8m)

Accounts Payable

(2.3m)(1.3m)

Cash From Operating Activities

(18.7m)(32.2m)

Purchases of PP&E

(610.0k)(1.2m)

Cash From Investing Activities

22.4m33.5m

Long-term Borrowings

(13.4m)(19.2m)

Cash From Financing Activities

(7.6m)(6.2m)

Net Change in Cash

(3.7m)(4.8m)

Interest Paid

2.6m2.6m

Income Taxes Paid

17.0k17.0k

Violin Systems Ratios

USDFY, 2016

Revenue/Employee

150.2k

Debt/Equity

-2.4 x

Debt/Assets

1.2 x

Financial Leverage

-2.1 x

Violin Systems Operating Metrics

Violin Systems's Enterprise Customers was reported to be 350 in FY, 2016.
FY, 2016Nov, 2019

Application Vendors

14

Channel Partners

100

Enterprise Customers

350

Infrastructure Vendors

8

Member Associations

2

Patent Applications

88

Patents (Foreign)

65

Patents (US)

45

Products

5

Violin Systems Employee Rating

2.387 votes
Culture & Values
2.3
Work/Life Balance
2.8
Senior Management
2.1
Salary & Benefits
3.3
Career Opportunities
2
Source