Virtusa
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Virtusa

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    • Business ServicesTechnologyit consultingit servicesoutsourcingsystems integrator

    Virtusa Corporation is a global provider of information technology consulting and outsourcing services that accelerate outcomes for businesses in banking, insurance, healthcare, telecommunications, technology, and media & entertainment. The Company's outsourcing solutions enable businesses to improve operational efficiency and reduce IT costs. Virtusa’s digital transformation solutions empower clients to accelerate revenue growth and reimagine the customer experience.

    Revenue(FY, 2018)
    $1 B
    Market capitalization(2018-06-14)
    $1.5 B
    Active Customers(Q2, 2018)
    198
    Type
    Public
    HQ
    Westborough, US
    Founded
    1996
    Size (employees)
    19,062 (est)+4%
    Website
    virtusa.com
    Virtusa was founded in 1996 and is headquartered in Westborough, US
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    Virtusa Office Locations

    Virtusa has offices in Taguig, Pune, London, Singapore and in 18 other locations
    Westborough, US (HQ)
    2000 W Park Dr
    Indianapolis, US
    1401 N Meridian St
    New York, US
    1600 370 Lexington Ave
    New York, US
    14 Wall St
    Troy, US
    301 400 Jordan Rd
    Windsor, US
    305 100 Northfield Dr
    Show all (24)
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    Virtusa Financials and Metrics

    Virtusa Financials

    Virtusa's revenue was reported to be $1.02 b in FY, 2018
    USD

    Revenue (FY, 2018)

    		1 b

    Net income (FY, 2018)

    		8.9 m

    EBIT (FY, 2018)

    		46.4 m

    Market capitalization (14-Jun-2018)

    		1.5 b

    Closing share price (14-Jun-2018)

    		51.1

    Cash (31-Mar-2018)

    		194.9 m

    EV

    		1.3 b
    Virtusa's current market capitalization is $1.5 b.
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Revenue

    		396.9 m479 m600.3 m858.7 m1 b

    Revenue growth, %

    		19%21%25%43%

    General and administrative expense

    		165.7 m219.4 m248.8 m

    Operating expense total

    		165.7 m219.4 m248.8 m
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Revenue

    		134.8 m143 m150.6 m205.5 m210.1 m217.2 m227.3 m248.2 m

    General and administrative expense

    		35.1 m36.2 m39.6 m53.8 m54.2 m55.9 m55 m

    Operating expense total

    		35.1 m36.2 m39.6 m53.8 m54.2 m55.9 m55 m

    EBIT

    		12.4 m13.3 m14.1 m(1.8 m)3.5 m6.5 m6.1 m10.3 m
    show all
    Annual
    usdY, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Cash

    		43.9 m50.2 m58.1 m57.2 m82.8 m124.8 m149 m144.9 m194.9 m

    Accounts Receivable

    		276.2 k

    Inventories

    		9.6 m

    Current Assets

    		260.1 m347.2 m528.8 m480.2 m549.3 m
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Cash

    		64.9 m93.4 m76.9 m94 m98.3 m103.8 m82.3 m119.7 m140.3 m158.9 m133.9 m154 m162.3 m

    Inventories

    		(4.5 m)

    Current Assets

    		209.5 m240.9 m271.8 m288.4 m315 m332.3 m335.2 m351.2 m420.5 m432.2 m460.9 m488.3 m506.7 m

    PP&E

    		118.6 m
    show all
    Annual
    usdFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Net Income

    		34.4 m42.4 m45 m16.3 m8.9 m

    Depreciation and Amortization

    		11.5 m13.6 m16.5 m25.9 m27.5 m

    Inventories

    		(4.9 m)4.5 m(7.8 m)

    Accounts Payable

    		(228 k)(212 k)(7.3 m)(6.5 m)4.4 m
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Net Income

    		15 m24.3 m9 m19.1 m30.9 m10.1 m21.2 m32.5 m(5.5 m)(1.1 m)4.5 m4.6 m7.6 m

    Depreciation and Amortization

    		5.2 m7.9 m3.6 m7.2 m10.5 m3.6 m7.6 m11.9 m6.2 m12.5 m19.2 m6.6 m

    Inventories

    		(4.5 m)

    Accounts Payable

    		(2.3 m)(1.2 m)189 k(887 k)(898 k)(180 k)670 k1.8 m(4.3 m)(2.3 m)7.4 m1.4 m22.3 m
    show all
    USDY, 2018

    EV/EBIT

    		28.8 x

    EV/CFO

    		21.3 x

    Revenue/Employee

    		55 k

    Financial Leverage

    		2.6 x
    Show all financial metrics

    Virtusa Operating Metrics

    Virtusa's Active Customers was reported to be 198 in Q2, 2018.
    FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018

    Active Customers

    		114 121 128 131 174 179 187 189 191 196 198
    Show all operating metrics

    Virtusa Revenue Breakdown

    Embed Graph

    Virtusa revenue breakdown by geographic segment: 22.9% from Europe, 64.6% from North America and 12.6% from Other

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    Competitors

    Ciber
    Business Services - Subsidiary
    UTILEX
    Business Services - Private
    Aubay
    Business Services - Public
    Wipro
    Technology - Public
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    Virtusa Online and Social Media Presence

    Embed Graph
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    Virtusa News and Updates

    May 15, 2018

    Virtusa's (VRTU) CEO Kris Canekeratneon on Q4 2018 Results - Earnings Call Transcript

    May 15, 2018

    Virtusa Corporation 2018 Q4 - Results - Earnings Call Slides

    May 02, 2018

    App Downloads to Hit 258 Billion by 2022 – Subscriptions Increasingly Driving Revenue

    Spending on (and via) apps to rise - but are UK businesses being left behind? The post App Downloads to Hit 258 Billion by 2022 – Subscriptions Increasingly Driving Revenue appeared first on Computer Business Review.
    March 22, 2018

    Most businesses unprepared for digital transformation

    Customer experience, business processes, and innovation are all important considerations.
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