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)Annual | Quarterly
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 investments | 366,652 | 338,433 | 292,949 | 270,897 | 230,708 | 198,541 | |||
Cash and cash equivalents | 366,652 | 338,433 | 292,949 | 270,897 | 230,708 | 198,541 | |||
Receivables | 102,752 | 101,217 | 114,280 | 97,640 | 81,143 | 86,128 | |||
Prepaid expense | 14,370 | ||||||||
Capitalized contract cost | 17,621 | 16,952 | 16,165 | 14,771 | 12,988 | 12,002 | |||
Other current assets | 1,793 | ||||||||
Other undisclosed current assets | 23,166 | 21,778 | 3,868 | 19,205 | 19,799 | 16,658 | |||
Total current assets: | 510,191 | 478,380 | 443,425 | 402,513 | 344,638 | 313,329 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 112,529 | 122,739 | 128,063 | 134,051 | 134,201 | 111,176 | |||
Property, plant and equipment | 92,289 | 92,858 | 92,891 | 94,099 | 86,885 | 85,980 | |||
Intangible assets, net (including goodwill) | 216,648 | 218,355 | 217,145 | 224,474 | 214,942 | 194,053 | |||
Goodwill | 177,422 | 176,908 | 173,952 | 178,645 | 169,812 | 154,201 | |||
Intangible assets, net (excluding goodwill) | 39,226 | 41,447 | 43,193 | 45,829 | 45,130 | 39,852 | |||
Capitalized contract cost, net | 51,648 | 50,853 | 50,086 | 46,236 | 40,775 | 38,624 | |||
Other noncurrent assets | 2,085 | 2,601 | 3,097 | 3,513 | 3,363 | 3,437 | |||
Total noncurrent assets: | 475,199 | 487,406 | 491,282 | 502,373 | 480,166 | 433,270 | |||
TOTAL ASSETS: | 985,390 | 965,786 | 934,707 | 904,886 | 824,804 | 746,599 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 7,368 | 12,576 | 64,765 | 10,690 | 10,169 | 12,113 | |||
Taxes payable | 7,587 | ||||||||
Employee-related liabilities | 32,094 | ||||||||
Accounts payable | 7,368 | 12,576 | 10,487 | 10,690 | 10,169 | 12,113 | |||
Accrued liabilities | 14,597 | ||||||||
Deferred revenue | 235,581 | 232,645 | 237,749 | 210,295 | 189,956 | 190,519 | |||
Debt | 10,421 | 9,772 | 9,413 | 9,048 | 8,583 | 8,186 | |||
Restructuring reserve | 398 | ||||||||
Liability for uncertainty in income taxes | 12,400 | ||||||||
Other undisclosed current liabilities | 83,176 | 82,080 | 21,047 | 91,469 | 82,113 | 74,535 | |||
Total current liabilities: | 336,546 | 337,073 | 345,772 | 321,502 | 290,821 | 285,353 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 171,047 | 199,907 | 206,987 | 215,630 | 218,320 | 183,432 | |||
Long-term debt, excluding current maturities | 72,303 | 92,238 | 94,671 | 97,104 | 99,532 | 84,456 | |||
Finance lease, liability | 4 | 15 | 50 | ||||||
Liabilities, other than long-term debt | 18,339 | 20,122 | 21,079 | 21,835 | 21,412 | 19,495 | |||
Deferred revenue | 10,979 | 12,595 | 12,936 | 12,462 | 11,356 | 12,472 | |||
Other liabilities | 7,360 | 7,527 | 8,143 | 9,373 | 10,056 | 7,023 | |||
Operating lease, liability | 98,744 | 107,669 | 112,316 | 118,522 | 118,773 | 98,926 | |||
Total noncurrent liabilities: | 189,386 | 220,029 | 228,066 | 237,465 | 239,732 | 202,927 | |||
Total liabilities: | 525,932 | 557,102 | 573,838 | 558,967 | 530,553 | 488,280 | |||
Equity | |||||||||
Equity, attributable to parent | 459,458 | 408,684 | 360,869 | 345,919 | 294,251 | 258,319 | |||
Common stock | 796 | 788 | 775 | 772 | 766 | 759 | |||
Additional paid in capital | 476,805 | 440,801 | 408,249 | 393,911 | 368,813 | 345,029 | |||
Accumulated other comprehensive income (loss) | 8,117 | 10,938 | 5,760 | 10,919 | (4,856) | (6,947) | |||
Accumulated deficit | (26,260) | (43,843) | (53,915) | (59,683) | (70,472) | (80,522) | |||
Total equity: | 459,458 | 408,684 | 360,869 | 345,919 | 294,251 | 258,319 | |||
TOTAL LIABILITIES AND EQUITY: | 985,390 | 965,786 | 934,707 | 904,886 | 824,804 | 746,599 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
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 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 147,233 | 142,549 | 188,653 | 129,636 | 122,693 | 115,176 | ||
Cost of revenue | (33,476) | (33,549) | (41,653) | (31,572) | (29,742) | (28,469) | ||
Gross profit: | 113,757 | 109,000 | 147,000 | 98,064 | 92,951 | 86,707 | ||
Operating expenses | (92,260) | (97,671) | (112,914) | (87,244) | (82,864) | (84,013) | ||
Operating income: | 21,497 | 11,329 | 34,086 | 10,820 | 10,087 | 2,694 | ||
Nonoperating income (expense) | (1,100) | (892) | 781 | 1,124 | 545 | 1,057 | ||
Investment income, nonoperating | 111 | 158 | (2,063) | 261 | 174 | 177 | ||
Interest and debt expense | (534) | (536) | 777 | (578) | (790) | (883) | ||
Income from continuing operations before equity method investments, income taxes: | 19,863 | 9,901 | 35,644 | 11,366 | 9,842 | 2,868 | ||
Other undisclosed income (loss) from continuing operations before income taxes | 534 | 536 | (777) | 578 | 790 | 883 | ||
Income from continuing operations before income taxes: | 20,397 | 10,437 | 34,867 | 11,944 | 10,632 | 3,751 | ||
Income tax expense | (2,814) | (365) | (397) | (1,155) | (582) | (613) | ||
Income from continuing operations: | 17,583 | 10,072 | 34,470 | 10,789 | 10,050 | 3,138 | ||
Income before gain (loss) on sale of properties: | 17,583 | 10,072 | 34,470 | 10,789 | 10,050 | 3,138 | ||
Net income available to common stockholders, diluted: | 17,583 | 10,072 | 34,470 | 10,789 | 10,050 | 3,138 |
Comprehensive Income ($ in thousands)Annual | Quarterly
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: | 17,583 | 10,072 | 34,470 | 10,789 | 10,050 | 3,138 | ||
Other comprehensive income (loss) | (2,821) | 5,178 | 10,860 | 15,775 | 2,091 | 3,900 | ||
Comprehensive income, net of tax, attributable to parent: | 14,762 | 15,250 | 45,330 | 26,564 | 12,141 | 7,038 |
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.