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.
Company Growth (employees)
Type
Public
HQ
Shrewsbury, US
Founded
1982
Size (employees)
141 (est)
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 $112.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

112.8 m

Gross profit (Q1, 2017)

6.8 m

Gross profit margin (Q1, 2017), %

6%

Net income (Q1, 2017)

1.3 m

EBIT (Q1, 2017)

1.8 m

Market capitalization (17-Aug-2017)

68.6 m

Cash (31-Mar-2017)

11.1 m
Wayside Technology Group's current market capitalization is $68.6 m.
USDFY, 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%

General and administrative expense

18.7 m

Operating expense total

18.7 m

EBIT

8.9 m8.3 m8.5 m8.6 m

EBIT margin, %

3%2%2%2%

Interest expense

562 k472 k368 k318 k

Pre tax profit

9.4 m8.8 m8.9 m8.9 m

Income tax expense

3 m3 m3 m3 m

Net Income

6.4 m5.8 m5.8 m5.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

84.4 m90.5 m92.7 m92 m97.7 m93.3 m105.3 m99.6 m112.8 m

Cost of goods sold

78.3 m84.3 m86.3 m85.5 m90.8 m87.4 m98.3 m93.2 m106 m

Gross profit

6.1 m6.2 m6.4 m6.4 m6.9 m6 m7 m6.4 m6.8 m

Gross profit Margin, %

7%7%7%7%7%6%7%6%6%

General and administrative expense

4 m4.3 m4.5 m4.4 m4.6 m4.5 m4.8 m4.4 m5 m

Operating expense total

4 m4.3 m4.5 m4.4 m4.6 m4.5 m4.8 m4.4 m5 m

EBIT

2.2 m1.9 m1.9 m2 m2.3 m1.5 m2.2 m2 m1.8 m

EBIT margin, %

3%2%2%2%2%2%2%2%2%

Interest expense

132 k121 k98 k99 k100 k64 k61 k58 k148 k

Pre tax profit

2.3 m2 m2 m2.1 m2.4 m1.6 m2.3 m2.1 m1.9 m

Income tax expense

839 k632 k684 k710 k805 k528 k775 k704 k621 k

Net Income

1.5 m1.4 m1.3 m1.4 m1.6 m1 m1.5 m1.4 m1.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

19.6 m23.1 m23.8 m13.5 m

Inventories

2.1 m933 k989 k2.3 m

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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

14.7 m15.6 m21.4 m18.9 m19.6 m24.3 m24.6 m21 m11.1 m

Inventories

1.2 m1.4 m2.2 m2.4 m2 m2.4 m2.1 m1.9 m2.5 m

Current Assets

74.7 m78.9 m82.8 m78.7 m79.8 m83.7 m90 m86.5 m83.3 m

Total Assets

85.8 m90.4 m88.8 m84.9 m86.6 m91.2 m96.7 m95.4 m96.9 m

Accounts Payable

47.5 m51.6 m51.2 m46.3 m48.5 m52.7 m58.1 m57.6 m60 m

Current Liabilities

47.5 m51.6 m51.2 m46.3 m48.5 m52.7 m58.1 m57.6 m60 m

Additional Paid-in Capital

30.5 m30.7 m31.3 m31.7 m32 m31.9 m32.3 m32.7 m29.7 m

Retained Earnings

13.6 m14.2 m15.7 m16.3 m17 m18 m18.7 m19.3 m21.1 m

Total Equity

38.4 m38.8 m37.6 m38.6 m38.1 m38.5 m38.6 m37.8 m36.9 m

Financial Leverage

2.2 x2.3 x2.4 x2.2 x2.3 x2.4 x2.5 x2.5 x2.6 x
USDFY, 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(27.9 m)

Inventories

(840 k)1.2 m(72 k)(361 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

1.5 m1.4 m1.3 m1.4 m1.6 m1 m1.5 m1.4 m1.3 m

Depreciation and Amortization

114 k

Accounts Receivable

14.8 m

Inventories

(136 k)

Accounts Payable

47.5 m51.6 m51.2 m46.3 m48.5 m52.7 m58.1 m57.6 m(16.1 m)

Cash From Operating Activities

173 k

Cash From Investing Activities

(174 k)

Dividends Paid

(777 k)

Cash From Financing Activities

(2.5 m)

Income Taxes Paid

21 k
USDY, 2017

Revenue/Employee

800 k

Financial Leverage

2.6 x

Wayside Technology Group Market Value History

Traffic Overview of Wayside Technology Group

Wayside Technology Group Company Life and Culture

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