Mimecast Limited (MIME) Financial Statements (2024 and earlier)

Company Profile

Business Address 1 FINSBURY AVENUE
LONDON, EC2M 2PF
State of Incorp.
Fiscal Year End March 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2021
Q3
9/30/2021
Q2
6/30/2021
Q1
3/31/2021
Q4
12/31/2020
Q3
9/30/2020
Q2
6/30/2020
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments366,652338,433292,949270,897230,708198,541
Cash and cash equivalents366,652338,433292,949270,897230,708198,541
Receivables102,752101,217114,28097,64081,14386,128
Prepaid expense   14,370   
Capitalized contract cost17,62116,95216,16514,77112,98812,002
Other current assets   1,793   
Other undisclosed current assets23,16621,7783,86819,20519,79916,658
Total current assets:510,191478,380443,425402,513344,638313,329
Noncurrent Assets
Operating lease, right-of-use asset112,529122,739128,063134,051134,201111,176
Property, plant and equipment92,28992,85892,89194,09986,88585,980
Intangible assets, net (including goodwill)216,648218,355217,145224,474214,942194,053
Goodwill177,422176,908173,952178,645169,812154,201
Intangible assets, net (excluding goodwill)39,22641,44743,19345,82945,13039,852
Capitalized contract cost, net51,64850,85350,08646,23640,77538,624
Other noncurrent assets2,0852,6013,0973,5133,3633,437
Total noncurrent assets:475,199487,406491,282502,373480,166433,270
TOTAL ASSETS:985,390965,786934,707904,886824,804746,599
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,36812,57664,76510,69010,16912,113
Taxes payable   7,587   
Employee-related liabilities   32,094   
Accounts payable7,36812,57610,48710,69010,16912,113
Accrued liabilities   14,597   
Deferred revenue235,581232,645237,749210,295189,956190,519
Debt10,4219,7729,4139,0488,5838,186
Restructuring reserve   398   
Liability for uncertainty in income taxes   12,400   
Other undisclosed current liabilities83,17682,08021,04791,46982,11374,535
Total current liabilities:336,546337,073345,772321,502290,821285,353
Noncurrent Liabilities
Long-term debt and lease obligation171,047199,907206,987215,630218,320183,432
Long-term debt, excluding current maturities72,30392,23894,67197,10499,53284,456
Finance lease, liability    41550
Liabilities, other than long-term debt18,33920,12221,07921,83521,41219,495
Deferred revenue10,97912,59512,93612,46211,35612,472
Other liabilities7,3607,5278,1439,37310,0567,023
Operating lease, liability98,744107,669112,316118,522118,77398,926
Total noncurrent liabilities:189,386220,029228,066237,465239,732202,927
Total liabilities:525,932557,102573,838558,967530,553488,280
Equity
Equity, attributable to parent459,458408,684360,869345,919294,251258,319
Common stock796788775772766759
Additional paid in capital476,805440,801408,249393,911368,813345,029
Accumulated other comprehensive income (loss)8,11710,9385,76010,919(4,856)(6,947)
Accumulated deficit(26,260)(43,843)(53,915)(59,683)(70,472)(80,522)
Total equity:459,458408,684360,869345,919294,251258,319
TOTAL LIABILITIES AND EQUITY:985,390965,786934,707904,886824,804746,599

Income Statement (P&L) ($ in thousands)

12/31/2021
Q3
9/30/2021
Q2
6/30/2021
Q1
3/31/2021
Q4
12/31/2020
Q3
9/30/2020
Q2
6/30/2020
Q1
Revenues147,233142,549188,653129,636122,693115,176
Cost of revenue(33,476)(33,549)(41,653)(31,572)(29,742)(28,469)
Gross profit:113,757109,000147,00098,06492,95186,707
Operating expenses(92,260)(97,671)(112,914)(87,244)(82,864)(84,013)
Operating income:21,49711,32934,08610,82010,0872,694
Nonoperating income (expense)(1,100)(892)7811,1245451,057
Investment income, nonoperating111158(2,063)261174177
Interest and debt expense(534)(536)777(578)(790)(883)
Income from continuing operations before equity method investments, income taxes:19,8639,90135,64411,3669,8422,868
Other undisclosed income (loss) from continuing operations before income taxes534536(777)578790883
Income from continuing operations before income taxes:20,39710,43734,86711,94410,6323,751
Income tax expense(2,814)(365)(397)(1,155)(582)(613)
Income from continuing operations:17,58310,07234,47010,78910,0503,138
Income before gain (loss) on sale of properties:17,58310,07234,47010,78910,0503,138
Net income available to common stockholders, diluted:17,58310,07234,47010,78910,0503,138

Comprehensive Income ($ in thousands)

12/31/2021
Q3
9/30/2021
Q2
6/30/2021
Q1
3/31/2021
Q4
12/31/2020
Q3
9/30/2020
Q2
6/30/2020
Q1
Net income:17,58310,07234,47010,78910,0503,138
Other comprehensive income (loss)(2,821)5,17810,86015,7752,0913,900
Comprehensive income, net of tax, attributable to parent:14,76215,25045,33026,56412,1417,038

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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