Virtusa stock price, funding rounds, valuation and financials

Virtusa has raised $169.18 m in total funding. Virtusa annual revenue was $1.31 b in FY 2020

$346.1 M

Virtusa Revenue Q3, 2021
Virtusa Gross profit (Q3, 2021)114 M
Virtusa Gross profit margin (Q3, 2021), %32.9%
Virtusa Net income (Q3, 2021)25.4 M
Virtusa EBIT (Q3, 2021)41.5 M
Virtusa Cash, 31-Dec-2020347.2 M
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Virtusa Revenue

Virtusa revenue was $1.31 b in FY, 2020 which is a 5.2% year over year increase from the previous period.

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Virtusa Funding

Summary Metrics

Founding Date

1996

Virtusa total Funding

$169.2 m

Virtusa latest funding size

$108 m

Time since last funding

5 years ago

Virtusa investors

Virtusa's latest funding round in May 2017 was reported to be $108 m. In total, Virtusa has raised $169.2 m

Virtusa Capital Raised

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Virtusa Revenue Breakdown

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Virtusa revenue breakdown by geographic segment: 13.9% from UK, 16.6% from Rest of World and 69.5% from USA

Virtusa Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

1.0b1.2b1.3b

Revenue growth, %

19%22%5%

Cost of goods sold

725.4m884.7m959.1m

Gross profit

295.2m363.2m353.1m

Gross profit Margin, %

29%29%27%

General and administrative expense

248.8m292.9m272.9m

Operating expense total

248.8m292.9m272.9m

EBIT

46.4m70.3m80.2m

EBIT margin, %

5%6%6%

Interest expense

7.6m18.2m19.2m

Interest income

4.3m2.7m2.2m

Pre tax profit

41.8m38.2m48.7m

Income tax expense

32.9m20.5m309.0k

Net Income

8.9m17.7m48.4m

EPS

(0.1)0.41.4

Virtusa Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

194.9m189.7m290.8m

Accounts Receivable

151.5m162.4m149.0m

Prepaid Expenses

31.7m42.3m55.6m

Current Assets

549.3m580.3m681.2m

PP&E

121.6m119.9m101.3m

Goodwill

297.3m279.5m296.5m

Total Assets

1.1b1.1b1.3b

Accounts Payable

29.5m46.5m38.5m

Short-term debt

11.4m11.4m27.6m

Current Liabilities

216.7m214.0m251.9m

Long-term debt

288.2m351.3m521.9m

Total Debt

299.6m362.7m549.4m

Total Liabilities

570.1m611.0m832.3m

Common Stock

325.0k330.0k335.0k

Additional Paid-in Capital

260.6m239.2m246.9m

Retained Earnings

238.0m250.3m293.8m

Total Equity

436.1m390.8m397.4m

Debt to Equity Ratio

0.7 x0.9 x1.4 x

Debt to Assets Ratio

0.3 x0.3 x0.4 x

Financial Leverage

2.6 x2.9 x3.4 x

Virtusa Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

8.9m17.7m48.4m

Depreciation and Amortization

27.5m29.0m32.5m

Accounts Receivable

(36.5m)(22.7m)(12.4m)

Accounts Payable

4.4m16.5m(3.0m)

Cash From Operating Activities

62.7m68.6m79.9m

Purchases of PP&E

(16.1m)(35.9m)(13.0m)

Cash From Investing Activities

(52.8m)(74.7m)(47.0m)

Long-term Borrowings

(101.2m)(12.6m)(12.1m)

Dividends Paid

(3.1m)(4.2m)(4.2m)

Cash From Financing Activities

37.4m14.7m75.4m

Net Change in Cash

50.0m(5.1m)101.5m

Interest Paid

5.6m16.9m17.9m

Income Taxes Paid

16.1m23.6m21.9m

Virtusa Ratios

USDFY, 2018

Revenue/Employee

49.8k

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.6 x

Virtusa Operating Metrics

FY, 2019FY, 2020FY, 2018

Facility Space Leased, sq. ft.

956.39 k1.03 m1.03 m

Facility Space Owned, sq. ft.

922.15 k922.15 k922.15 k

Locations

445151

Virtusa Employee Rating

3.65518 votes
Culture & Values
3
Work/Life Balance
3
Senior Management
2.8
Salary & Benefits
2.8
Career Opportunities
3.1
Source