Xchanging

Xchanging provides technology-enabled business solutions to the global commercial insurance industry. We bring innovation, thought leadership and passion to its customers' businesses so as to enhance performance and value. Our values are embedded into everything we do. We want to be regarded as the best provider in its chosen markets by delivering services that are recognised for outstanding quality, reliability and innovation.

Type
Subsidiary
Parent Company
Computer Sciences Corp (CSC)
HQ
London, GB
Xchanging is headquartered in London, GB

Xchanging Office Locations

Xchanging has offices in London and Leeds
London, GB (HQ)
The Walbrook Walbrook

Xchanging Metrics

Xchanging Financial Metrics

Xchanging's revenue was reported to be £440.2 m in FY, 2015 which is a 23% decrease from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

£685.9 m£573.5 m£440.2 m

Revenue growth, %

(16%)(23%)

Cost of goods sold

£618.4 m£531.5 m£407.5 m

Gross profit

£67.5 m£42 m£32.7 m

Gross profit Margin, %

10%7%7%

Operating expense total

(£14.4 m)£5.4 m£71.2 m

Pre tax profit

£78.3 m£32.5 m(£46.2 m)

Net Income

£65.4 m£29.4 m(£52.7 m)
FY, 2013FY, 2014FY, 2015

Cash

£121.3 m£129.2 m£127.5 m

Accounts Receivable

£104.6 m£44.4 m£41.1 m

Current Assets

£249.9 m£248.1 m£227.6 m

PP&E

£57.2 m£64 m£57.9 m

Goodwill

£226.6 m£332.4 m£276.9 m

Total Assets

£533.7 m£644.5 m£562.4 m

Accounts Payable

£30.2 m£33 m£11.9 m

Current Liabilities

£223.9 m£201.2 m£156.3 m

Retained Earnings

£50 m£10 m(£74.9 m)

Total Equity

£219.5 m£216.6 m£142.2 m

Financial Leverage

2.4 x3 x4 x
FY, 2013FY, 2014FY, 2015

Cash From Operating Activities

£71.2 m£48.7 m£33.4 m

Cash From Financing Activities

(£52.9 m)£76.4 m£15.4 m

Income Taxes Paid

(£12.9 m)(£3.1 m)(£6.5 m)

Xchanging Median Salaries

Source: 241 public H-1B filings from Xchanging

Xchanging Online Presence

Xchanging News

Xchanging Company Life

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