Mimecast Limited (MIME) financial statements (2021 and earlier)
Company profile
| Business Address |
1 FINSBURY AVENUE LONDON, EC2M 2PF |
| State of Incorp. | |
| Fiscal Year End | March 31 |
| SIC | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 TTM | 3/31/2020 | 3/31/2019 | 3/31/2018 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 271 | 174 | 174 | 137 | ||
| Cash and cash equivalents | 271 | 174 | 138 | 78 | ||
| Short-term investments | 36 | 59 | ||||
| Receivables | 98 | 98 | 90 | 65 | ||
| Prepaid expense | 11 | 11 | 11 | |||
| Capitalized contract cost | 15 | 11 | 8 | ✕ | ||
| Other current assets | 2 | 2 | 1 | |||
| Other undisclosed current assets | 19 | 3 | 4 | 3 | ||
| Total current assets: | 403 | 299 | 288 | 218 | ||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 134 | 117 | ✕ | ✕ | ||
| Property, plant and equipment | 94 | 85 | 94 | 124 | ||
| Intangible assets, net (including goodwill) | 224 | 189 | 138 | 15 | ||
| Goodwill | 179 | 151 | 108 | 6 | ||
| Intangible assets, net (excluding goodwill) | 46 | 38 | 31 | 10 | ||
| Capitalized contract cost, net | 46 | 37 | 28 | ✕ | ||
| Other noncurrent assets | 4 | 4 | 5 | 1 | ||
| Total noncurrent assets: | 502 | 431 | 266 | 140 | ||
| TOTAL ASSETS: | 905 | 730 | 554 | 358 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 11 | 57 | 51 | 37 | ||
| Accounts payable | 11 | 15 | 9 | 6 | ||
| Accrued liabilities | 12 | 15 | 11 | |||
| Employee-related liabilities | 23 | 21 | 15 | |||
| Taxes payable | 6 | 5 | 4 | |||
| Deferred revenue | 210 | 194 | ✕ | ✕ | ||
| Debt | 9 | 38 | 5 | 1 | ||
| Restructuring reserve | 0 | 1 | ||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 123 | ||
| Contract with customer, liability | ✕ | ✕ | 163 | ✕ | ||
| Other undisclosed current liabilities | 91 | 3 | 2 | |||
| Total current liabilities: | 322 | 289 | 222 | 164 | ||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 216 | 192 | 94 | 2 | ||
| Long-term debt, excluding current maturities | 97 | 86 | 93 | |||
| Finance lease, liability | 0 | 0 | ✕ | ✕ | ||
| Capital lease obligations | ✕ | ✕ | 1 | 2 | ||
| Operating lease, liability | 119 | 105 | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 22 | 17 | 28 | 23 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 18 | ||
| Deferred revenue | 12 | 13 | ✕ | ✕ | ||
| Contract with customer, liability | ✕ | ✕ | 12 | ✕ | ||
| Other liabilities | 9 | 4 | 16 | 5 | ||
| Other undisclosed noncurrent liabilities | 37 | 67 | ||||
| Total noncurrent liabilities: | 237 | 209 | 159 | 93 | ||
| Total liabilities: | 559 | 498 | 381 | 257 | ||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent | 346 | 232 | 174 | 102 | ||
| Common stock | 1 | 1 | 1 | 1 | ||
| Additional paid in capital | 394 | 326 | 263 | 213 | ||
| Accumulated other comprehensive income (loss) | 11 | (11) | (7) | (5) | ||
| Accumulated deficit | (60) | (84) | (84) | (107) | ||
| Total stockholders' equity: | 346 | 232 | 174 | 102 | ||
| TOTAL LIABILITIES AND EQUITY: | 905 | 730 | 554 | 358 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 TTM | 3/31/2020 | 3/31/2019 | 3/31/2018 | ||
|---|---|---|---|---|---|
| Revenues | 546 | 427 | 340 | 262 | |
| Cost of revenue | (133) | (109) | (91) | (70) | |
| Gross profit: | 413 | 318 | 250 | 192 | |
| Operating expenses | (386) | (315) | (251) | (199) | |
| Operating income (loss): | 27 | 2 | (1) | (7) | |
| Nonoperating income (expense) | 2 | (2) | (4) | (3) | |
| Investment income, nonoperating | 2 | 3 | 3 | 1 | |
| Foreign currency transaction loss, before tax | (4) | ||||
| Interest and debt expense | (3) | (5) | (6) | (1) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 27 | (4) | (11) | (10) | |
| Other undisclosed income from continuing operations before income taxes | 3 | 5 | 6 | 1 | |
| Income (loss) from continuing operations before income taxes: | 30 | 0 | (5) | (10) | |
| Income tax expense | (3) | (2) | (2) | (3) | |
| Net income (loss) available to common stockholders, diluted: | 27 | (2) | (7) | (12) | |
Comprehensive Income ($ in millions)
| 12/31/2020 TTM | 3/31/2020 | 3/31/2019 | 3/31/2018 | ||
|---|---|---|---|---|---|
| Net income (loss): | 27 | (2) | (7) | (12) | |
| Other comprehensive income (loss) | 23 | (4) | (2) | 3 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 50 | (6) | (9) | (9) | |
Statements sources
The financial statements are based on the company's filings with the 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.