Wayside Technology Group

Wayside Technology Group is an international technology channel company that markets software, hardware and services – directly and through resellers – to software development and information technology professionals worldwide. The company, which is headquartered in Shrewsbury, New Jersey, was incorporated in 1982 and has been public since 1995 (NASDAQ:WSTG). Wayside Technology Group was recently recognized -- for the third consecutive year -- as one of the Best Places to Work in New Jersey. Wayside operates through two segments – value added distributor Lifeboat Distribution and value added solutions provider TechXtend. Lifeboat Distribution is a distributor of software and appliances for virtualization, security, networking, application lifecycle management, and other technically sophisticated domains. Lifeboat helps vendor partners recruit multinational networks of resellers, value-added resellers, consultants, and systems integrators, and drive incremental sales revenues that complement the vendors’ existing sales channels. TechXtend (formerly Programmer’s Paradise) is a value added provider of software, hardware and technical services for information technology professionals in corporations, federal, state and local government agencies, and educational institutions across the United States and Canada.
Type
Public
HQ
Shrewsbury, US
Founded
1982
Size (employees)
141 (est)+9%
Wayside Technology Group was founded in 1982 and is headquartered in Shrewsbury, US

Wayside Technology Group Office Locations

Wayside Technology Group has an office in Shrewsbury
Shrewsbury, US (HQ)
1157 Shrewsbury Ave

Wayside Technology Group Data and Metrics

Wayside Technology Group Financial Metrics

Wayside Technology Group's revenue was reported to be $418.1 m in FY, 2016 which is a 9% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

418.1 m

Revenue growth (FY, 2015 - FY, 2016), %

9%

Gross profit (FY, 2016)

27.3 m

Gross profit margin (FY, 2016), %

7%

Net income (FY, 2016)

5.9 m

EBIT (FY, 2016)

8.6 m

Market capitalization (21-Jun-2017)

83.8 m

Closing share price (21-Jun-2017)

19.6

Cash (31-Dec-2016)

13.5 m
Wayside Technology Group's current market capitalization is $83.8 m.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

300.4 m340.8 m382.1 m418.1 m

Revenue growth, %

13%12%9%

Cost of goods sold

276 m315.9 m355.5 m390.8 m

Gross profit

24.4 m24.8 m26.6 m27.3 m

Gross profit Margin, %

8%7%7%7%

EBIT

8.9 m8.3 m8.5 m8.6 m

EBIT margin, %

3%2%2%2%

Pre tax profit

9.4 m8.8 m8.9 m8.9 m

Net Income

6.4 m5.8 m5.8 m5.9 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

19.6 m23.1 m23.8 m13.5 m

Inventories

2.1 m933 k989 k948 k

Current Assets

84.1 m86.6 m86 m100.1 m

Total Assets

94.8 m95 m94.1 m113.7 m

Accounts Payable

60 m55.4 m55.4 m76.1 m

Current Liabilities

60 m55.4 m55.4 m76.1 m

Additional Paid-in Capital

28.8 m31 m32.5 m30.7 m

Retained Earnings

12.7 m15.2 m17.8 m20.5 m

Total Equity

34.7 m39.6 m38.7 m37.6 m

Financial Leverage

2.7 x2.4 x2.4 x3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

6.4 m5.8 m5.8 m5.9 m

Depreciation and Amortization

274 k226 k253 k296 k

Accounts Receivable

2 m1.7 m1.1 m(28 m)

Inventories

(840 k)1.2 m(72 k)42 k

Accounts Payable

827 k(4.3 m)322 k19.9 m

Cash From Operating Activities

10.3 m5.7 m8.2 m(516 k)

Cash From Investing Activities

4.2 m(311 k)(200 k)(1 m)

Dividends Paid

(3 m)(3.2 m)(3.2 m)(3.2 m)

Cash From Financing Activities

(4.8 m)(1.5 m)(7.1 m)(8.5 m)

Income Taxes Paid

3 m2.4 m3.2 m2.6 m
Y, 2016

Financial Leverage

3 x

Wayside Technology Group Market Value History

Wayside Technology Group Company Life and Culture

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