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.

Company Growth (employees)
Type
Public
HQ
Westborough, US
Founded
1996
Size (employees)
18,120 (est)+3%
Virtusa was founded in 1996 and is headquartered in Westborough, US

Virtusa Office Locations

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

Virtusa Data and Metrics

Virtusa Financial Metrics

Virtusa's revenue was reported to be $858.7 m in FY, 2017 which is a 43% increase from the previous period.
USD

Revenue (FY, 2017)

858.7 m

Revenue growth (FY, 2016 - FY, 2017), %

43%

Net income (FY, 2017)

16.3 m

EBIT (FY, 2017)

18.4 m

Market capitalization (21-Sep-2017)

1.1 b

Cash (31-Mar-2017)

144.9 m

EV

940.3 m
Virtusa's current market capitalization is $1.1 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

396.9 m479 m600.3 m858.7 m

Revenue growth, %

19%21%25%43%

General and administrative expense

165.7 m219.4 m

Operating expense total

165.7 m219.4 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

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

General and administrative expense

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

Operating expense total

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

EBIT

12.4 m13.3 m14.1 m(1.8 m)3.5 m6.5 m
USDY, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

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

Accounts Receivable

276.2 k

Inventories

9.6 m

Current Assets

260.1 m347.2 m528.8 m480.2 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

76.9 m94 m98.3 m103.8 m82.3 m119.7 m140.3 m158.9 m133.9 m

Current Assets

271.8 m288.4 m315 m332.3 m335.2 m351.2 m420.5 m432.2 m460.9 m

Goodwill

53 m52.1 m51.3 m70.7 m76.4 m76.4 m196 m199.1 m204.8 m

Total Assets

453.3 m464.4 m476.1 m507 m522.7 m533.6 m849.6 m866.4 m892.5 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

34.4 m42.4 m45 m16.3 m

Depreciation and Amortization

11.5 m13.6 m16.5 m25.9 m

Accounts Receivable

(741.4 k)

Inventories

(4.9 m)4.5 m(7.8 m)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

9 m19.1 m30.9 m10.1 m21.2 m32.5 m(5.5 m)(1.1 m)4.5 m

Depreciation and Amortization

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

Accounts Receivable

(8 m)(3.4 m)

Accounts Payable

189 k(887 k)(898 k)(180 k)670 k1.8 m(4.3 m)(2.3 m)7.4 m
USDY, 2017

EV/EBIT

51.2 x

EV/CFO

42.3 x

Revenue/Employee

48.3 k

Financial Leverage

1.6 x
Show all financial metrics

Virtusa Operating Metrics

Virtusa's Active Customers was reported to be 191 in Q4, 2017. Virtusa's New Customers was reported to be 5 in Q4, 2017
Q1, 2016FY, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017FY, 2017Q2, 2017Q3, 2017Q4, 2017

Active Customers

121174128131174179191187189191

New Customers

76594457281245
Show all operating metrics

Virtusa Market Value History

Virtusa Revenue Breakdown

Virtusa Median Salaries

Source: 1.9 k public H-1B filings from Virtusa

Traffic Overview of Virtusa

Virtusa Online and Social Media Presence

Virtusa Company Life and Culture

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