Zix Corporation

Zix Corporation (ZixCorp) is a security technology company that provides email encryption services, email data loss prevention and mobile applications designed to address bring your own device (BYOD) corporate technology trend. The Сompany serves customers that include divisions of the U.S. Treasury, federal financial regulators, health insurance providers and hospitals, and financial companies. Zix Corporation generates money based on a software-as-a-service strategy and charges annual fees from its customers. The Сompany operates its service supported by ZixData Center, a data center storing transaction processing data.

Company Growth (employees)
Type
Public
HQ
Dallas, US
Founded
1998
Size (employees)
201 (est)+5%
Zix Corporation was founded in 1998 and is headquartered in Dallas, US

Zix Corporation Office Locations

Zix Corporation has offices in Dallas, Burlington and Ottawa
Dallas, US (HQ)
Tower At Cityplace 2711 N Haskell Ave
Ottawa, CA
304 300 March Rd
Burlington, US
401w 67 S Bedford St

Zix Corporation Data and Metrics

Zix Corporation Financial Metrics

Zix Corporation's revenue was reported to be $15.9 m in Q1, 2017
USD

Revenue (Q1, 2017)

15.9 m

Gross profit (Q1, 2017)

13.1 m

Gross profit margin (Q1, 2017), %

82%

Net income (Q1, 2017)

1.8 m

EBIT (Q1, 2017)

2.7 m

Market capitalization (21-Jul-2017)

312.3 m

Cash (31-Mar-2017)

23.4 m
Zix Corporation's current market capitalization is $312.3 m.
USDFY, 2013FY, 2014Y, 2015FY, 2016

Revenue

48.1 m50.3 m54.7 m60.1 m

Revenue growth, %

5%9%10%

Cost of goods sold

9.6 m10.5 m

Gross profit

40.5 m42 m45.1 m49.6 m

Gross profit Margin, %

84%83%82%82%

R&D expense

9.6 m

General and administrative expense

30.7 m

Operating expense total

40.3 m

EBIT

9.3 m6.8 m7.9 m9.3 m

EBIT margin, %

19%13%14%15%

Interest expense

33 k

Pre tax profit

8.2 m9.5 m

Income tax expense

(3.1 m)3.7 m

Net Income

10.5 m4.1 m5 m5.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017

Revenue

12.6 m12.7 m13.1 m13.3 m14 m14.3 m14.9 m15.9 m

Cost of goods sold

2 m2.1 m2.2 m2.4 m2.4 m2.5 m2.6 m2.8 m

Gross profit

10.6 m10.6 m10.9 m10.9 m11.6 m11.8 m12.3 m13.1 m

Gross profit Margin, %

84%84%83%82%83%82%82%82%

R&D expense

2.2 m2.2 m2.1 m2.1 m2 m2.2 m2.3 m2.4 m

General and administrative expense

6.8 m6.5 m6.9 m7 m6.4 m7.1 m9 m8 m

Operating expense total

9 m8.8 m9 m9.1 m8.5 m9.3 m11.3 m10.4 m

EBIT

1.6 m1.9 m1.8 m1.7 m3.1 m2.5 m946 k2.7 m

EBIT margin, %

13%15%14%13%22%17%6%17%

Pre tax profit

1.6 m1.9 m1.9 m1.8 m3.2 m2.5 m996 k2.7 m

Income tax expense

(622 k)(768 k)(687 k)(647 k)(1.3 m)(957 k)(437 k)(966 k)

Net Income

977 k1.2 m1.2 m1.1 m1.9 m1.6 m559 k1.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

27.5 m21.7 m28.7 m26.5 m

Accounts Receivable

322.8 m

Current Assets

33.7 m27.3 m32.1 m30.5 m

PP&E

2.6 m4.4 m4.1 m4 m

Goodwill

2.2 m2.2 m2.2 m2.2 m

Total Assets

90.7 m83.7 m87.3 m82.4 m

Accounts Payable

495 k506 k370 k355 k

Current Liabilities

21.6 m25 m28.2 m30.5 m

Non-Current Liabilities

2.9 m2.4 m2.3 m2.8 m

Total Liabilities

24.5 m27.5 m30.5 m33.3 m

Additional Paid-in Capital

359.2 m361.6 m372.4 m374.4 m

Retained Earnings

(243.3 m)(239.2 m)(234.2 m)(228.3 m)

Total Equity

66.2 m56.3 m56.8 m49.1 m

Financial Leverage

1.4 x1.5 x1.5 x1.7 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017

Cash

26.2 m20.3 m24.9 m28 m24.1 m27.1 m20.7 m23.4 m

Current Assets

32.2 m25.7 m29.4 m32.9 m29.1 m30.7 m24.4 m27 m

PP&E

2.6 m3.8 m4.7 m4.6 m4.4 m3.8 m4.3 m3.9 m

Goodwill

2.2 m2.2 m2.2 m2.2 m2.2 m2.2 m2.2 m10.7 m

Total Assets

88.6 m82.7 m86 m89 m83.9 m84.8 m78.6 m86.6 m

Accounts Payable

704 k641 k492 k619 k159 k406 k702 k420 k

Current Liabilities

23.1 m25.4 m24.1 m24.8 m27.8 m28.8 m30 m32.4 m

Non-Current Liabilities

2.6 m2.5 m2.7 m2.6 m2.4 m2.7 m2.9 m2.9 m

Additional Paid-in Capital

360.1 m360.9 m363.5 m366 m367.1 m372.8 m373.5 m375.3 m

Retained Earnings

(241.2 m)(240.1 m)(238 m)(236.9 m)(235 m)(232.6 m)(232 m)(226.5 m)

Total Equity

62.8 m54.7 m59.2 m61.5 m53.6 m53.3 m45.7 m51.3 m

Financial Leverage

1.4 x1.5 x1.5 x1.4 x1.6 x1.6 x1.7 x1.7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

10.5 m4.1 m5 m5.8 m

Depreciation and Amortization

1.5 m1.6 m2.2 m2.3 m

Accounts Payable

(103 k)(1 k)(81 k)(15 k)

Cash From Operating Activities

13.3 m13.3 m15.6 m15.3 m

Purchases of PP&E

(1.6 m)(3.4 m)(2 m)(2.1 m)

Cash From Investing Activities

(1.6 m)(3.4 m)(2 m)(2.1 m)

Cash From Financing Activities

(7.2 m)(15.7 m)(6.7 m)(15.3 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017

Net Income

977 k1.2 m1.2 m1.1 m1.9 m1.6 m559 k1.8 m

Accounts Payable

704 k641 k492 k619 k159 k406 k702 k420 k
USDY, 2017

Revenue/Employee

79.1 k

Financial Leverage

1.7 x

Zix Corporation Operating Metrics

Zix Corporation's Backlog was reported to be $78.9 m in Q1, 2017. Zix Corporation's Customers was reported to be 19 k in May, 2017
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017May, 2017

New First Year Orders

$2 m$2.4 m$1.6 m$8.5 m$2 m$2.5 m$2.7 m$10.2 m$1.9 m$3 m$1.9 m$9.5 m$2.1 m

Order Volume

$12.5 m$15.7 m$13.4 m$14.3 m$17.4 m$14.7 m$15.7 m$20.4 m$16.5 m$14.3 m

Backlog

$65.9 m$68.4 m$68.8 m$69.3 m$70.3 m$73.9 m$74.3 m$74.2 m$75.5 m$80.9 m$81.6 m$81.7 m$78.9 m

Annual Contract Value

$52.1 m$57.2 m$59.5 m$60.2 m$61.7 m$64.1 m

Patents and Patent Applications

2526

Customers

19 k19 k

Encrypted Messages

495 m495 m

Paying Users

3.4 m

Zix Corporation Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Greenview DataMarch 16, 2017$6.5 m

Zix Corporation Market Value History

Zix Corporation Online and Social Media Presence

Zix Corporation Company Life and Culture

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