Company name:

Rapid7 Inc

  • IPO SHARE PRICE:
    $16.00
  • IPO DATE:
    July 17, 2015
  • TICKER:
    RPD
  • MAIN STOCK EXCHANGE:
    NASDAQ
  • CURRENT HQ LOCATION:
    120 Causeway Street Boston MA 02114
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Rapid7 Inc

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Statement of Cash Flow

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
41.7% - Stock-based compensation
24.4% - Deferred revenue
14.8% - Depreciation and amortization
11.4% - Amortization of debt original issue discount and issuance cost
5.6% - Accrued expenses
1.3% - (Recovery of) provision for doubtful accounts
0.5% - Deferred income taxes
0.2% - (Gain) loss on foreign currency
0.1% - Other non-cash items
SOURCEs
14.8% 24.4% 5.6% 11.4% 41.7%
100 %
0%
USES
3.2% 15.9% 8.7% 5.8% 64.5%
64.5% - Net income (loss)
15.9% - Accounts receivable
8.7% - Deferred contract acquisition and fulfillment costs
5.8% - Prepaid expenses and other assets
1.6% - Accounts payable
0.3% - Other liabilities
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
$45,679
 ($55,545) $31,667 ($98,849) ($98,849) ($115,672)
Depreciation amortization and accretion
-
-
-
-
$45,679
 13,929 13,379 - - -
Depreciation and amortization
$45,679
$45,679
$45,679
$45,679
$45,679
 11,097 16,528 22,631 22,631 25,136
Amortization of debt discount
$45,679
$45,679
$45,679
-
-
 - - - - -
Amortization of debt issuance costs
-
-
-
-
$45,679
 1,279 978 - - -
Amortization of debt original issue discount and issuance cost Amortization of debt original issue discount and issuance cost
-
-
-
$45,679
$45,679
 3,831 10,513 17,518 17,518 21,220
Stock-based compensation
$45,679
$45,679
$45,679
$45,679
$45,679
 27,593 12,492 63,888 63,888 67,868
(Recovery of) provision for doubtful accounts
$45,679
$45,679
$45,679
$45,679
$45,679
 740 2,241 1,997 1,997 948
Provision for (recovery of) bad debt expense
-
-
-
-
$45,679
 321 146 - - -
Provision for excess and obsolete inventory
-
-
-
-
$45,679
 2,875 1,851 - - -
Interest expense
$45,679
-
-
-
-
 - - - - -
Other non-cash (income) expense
-
$45,679
$45,679
-
-
 - - - - -
Deferred income taxes
$45,679
$45,679
$45,679
$45,679
$45,679
 (69) 9,725 737 737 2,948
Asset impairments
$45,679
$45,679
$45,679
-
-
 - - - - -
Loss on impairment of land
-
-
-
-
$45,679
 - - - - -
(Gain) loss on repayment of debt
-
-
-
-
$45,679
 - 3,196 - - -
(Gain) loss on foreign currency
$45,679
$45,679
$45,679
$45,679
$45,679
 757 255 263 263 (180)
Other non-cash items
-
-
-
$45,679
$45,679
 (506) (1,889) 168 168 672
Accounts receivable
$45,679
$45,679
$45,679
$45,679
$45,679
 (1,685) 156 (24,380) (24,380) (150,432)
Long-term income tax receivable
-
-
-
-
$45,679
 (2,855) 10,635 - - -
Inventory
-
-
-
-
$45,679
 (8,690) 1,994 - - -
Prepaid expenses and other assets
$45,679
$45,679
$45,679
$45,679
$45,679
 (287) (13,691) (8,956) (8,956) (41,232)
Deferred contract acquisition and fulfillment costs
-
-
-
$45,679
$45,679
 (12,790) (11,306) (13,379) (13,379) (32,404)
Other assets
-
-
-
-
$45,679
 (661) (2,411) - - -
Accounts payable
$45,679
$45,679
$45,679
$45,679
$45,679
 3,675 3,233 (2,394) (2,394) (17,264)
Income tax payable and other liabilities
-
-
-
-
$45,679
 3,219 (13,156) - - -
Accrued expenses
$45,679
$45,679
$45,679
$45,679
$45,679
 6,018 4,759 8,640 8,640 46,876
Accrued expenses and other liabilities
-
-
-
-
$45,679
 2,250 6,077 - - -
Deferred revenue
$45,679
$45,679
$45,679
$45,679
$45,679
 22,870 18,686 37,428 37,428 191,536
Contingent consideration
$45,679
$45,679
-
-
-
 - - - - -
Other
-
-
-
-
$45,679
 1,399 422 - - -
Other liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
 367 1,018 (425) (425) 1,960
Net cash provided by (used in) operating activities
$45,679
$45,679
$45,679
$45,679
$45,679
 $6,066 $80,384 $4,887 $4,887 $2,328
Selected Year:
31-Dec
2020
INVESTING ACTIVITIES
Cash spent on acquiring plant, equipment and other businesses, cash recei0 from sale of plant, equipment and subsidiaries as well cash parked temporarily in different securities - government bonds typically
51.6% - Maturities and sales of investment securities
SOURCEs
48.4% 51.6%
100 %
0%
USES
4.3% 54.8% 39.0%
54.8% - Purchases of investment securities
39.0% - Acquisition of business net of cash
4.3% - (Purchase) sale of property and equipment
1.9% - Capitalized internal-use software development costs
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
(Increase) decrease in restricted cash and deposits
-
-
$45,679
-
-
 - - - - -
(Purchases) sale of investment securities
-
$45,679
$45,679
$45,679
$45,679
 (233,421) - - - -
Purchases of investment securities
-
-
-
-
-
 (233,421) (148,047) (177,053) (177,053) (273,372)
Maturities and sales of investment securities
-
-
$45,679
$45,679
$45,679
 70,226 214,980 166,524 166,524 43,700
Capital expenditures
-
-
-
-
$45,679
 (20,132) (22,061) - - -
(Purchase) sale of property and equipment
$45,679
$45,679
$45,679
$45,679
$45,679
 (12,813) (29,428) (13,802) (13,802) (26,708)
Sale of assets
-
-
-
-
$45,679
 1,000 - - - -
Capitalized internal-use software development costs
-
-
$45,679
$45,679
$45,679
 (3,265) (6,087) (6,130) (6,130) (6,892)
Acquisition of business net of cash
$45,679
$45,679
$45,679
$45,679
$45,679
 (14,460) (14,607) (125,826) (125,826) -
Net cash provided by (used in) investing activities
$45,679
$45,679
$45,679
$45,679
$45,679
 ($193,733) ($22,061) ($156,287) ($156,287) ($263,272)
Selected Year:
31-Dec
2020
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
93.7% - Issuance of senior convertible notes
3.3% - Proceeds from issuance of common stock upon exercise of stock options
3.0% - Proceeds (payments) related to employee stock compensation plans (ESPP)
SOURCEs
93.7% 3.3%
100 %
0%
USES
84.5% 3.8% 11.5%
11.5% - Purchase of convertible senior notes capped call
3.8% - Employee withholding taxes paid on share-based compensation
0.2% - Debt issuance costs
0.1% - Deferred payments on acquisition of business
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Initial Public Offering (IPO) and concurrent private offering net Initial Public Offering (IPO) and concurrent private offering net
$45,679
-
$45,679
-
-
 - - - - -
Secondary (Follow-on) Public Offering net
-
-
-
$45,679
$45,679
 30,907 - - - -
Issuance of common stock
-
-
-
-
$45,679
 428 573 - - -
Issuance of convertible preferred stock - Series D
-
$45,679
-
-
-
 - - - - -
Proceeds from issuance of common stock upon exercise of stock options Proceeds from issuance of common stock upon exercise of stock options
$45,679
$45,679
$45,679
$45,679
$45,679
 7,606 1,173 7,810 7,810 6,364
Proceeds (payments) related to employee stock compensation plans (ESPP) Proceeds (payments) related to employee stock compensation plans (ESPP)
-
$45,679
$45,679
$45,679
$45,679
 3,637 5,521 7,082 7,082 -
Offering costs
-
-
-
-
$45,679
 - - - - -
Borrowing under Revolving Credit Facility
$45,679
-
-
-
-
 - - - - -
Repayment of Revolving Credit Facility
$45,679
-
-
-
-
 - - - - -
Borrowing under Term Loan
$45,679
-
-
-
-
 - - - - -
Repayment of Term Loan and related termination fee
$45,679
-
$45,679
-
-
 - - - - -
Issuance of senior convertible notes
-
-
-
$45,679
$45,679
 6,879 - 222,799 222,799 891,196
Long-term borrowing
-
-
-
-
$45,679
 - 199,461 - - -
Repayment of long-term borrowing
-
-
-
-
$45,679
 (2,862) (275,376) - - -
Repayments of capital leases
$45,679
$45,679
$45,679
$45,679
$45,679
 - - - - -
Debt issuance costs
-
-
-
-
-
 - - (440) (440) (116)
Deferred financing costs
-
-
-
-
$45,679
 - (2,258) - - -
Payments of debt and equity issuance costs
$45,679
-
-
-
-
 - - - - -
Acquisition-related contingent consideration payments
$45,679
$45,679
-
-
-
 - - - - -
Deferred payments on acquisition of business
-
$45,679
$45,679
$45,679
$45,679
 - - (150) (150) -
Employee withholding taxes paid on share-based compensation Employee withholding taxes paid on share-based compensation
-
$45,679
$45,679
$45,679
$45,679
 (2,197) (6,952) (8,921) (8,921) (11,748)
Minimum employee withholding taxes paid on share-based compensation Minimum employee withholding taxes paid on share-based compensation
-
-
-
-
$45,679
 (3,386) (2,454) - - -
Excess tax benefit from stock-based compensation
-
$45,679
-
$45,679
$45,679
 - - - - -
Repurchases of common and preferred stock
-
$45,679
-
-
-
 - - - - -
Purchase of convertible senior notes capped call
-
-
-
$45,679
$45,679
 (26,910) - (27,255) (27,255) -
Net cash provided by (used in) financing activities
$45,679
$45,679
$45,679
$45,679
$45,679
 $236,164 ($78,881) $200,925 $200,925 ($5,500)
Selected Year:
31-Dec
2020
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
$50,204,000
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cash and equivalents - Beginning of period
$45,679
$45,679
$45,679
$45,679
$45,679
 $51,762 $113,401 $123,413 - $958,836
Effect of changes in foreign exchange rates on cash
$45,679
$45,679
$45,679
$45,679
$45,679
 (694) 76 679 - 2,076
(Decrease) increase in cash and cash equivalents
$45,679
$45,679
$45,679
$45,679
$45,679
 47,803 (20,482) 50,204 - (264,368)
Cash and equivalents - End of period
$45,679
$45,679
$45,679
$45,679
$45,679
 $99,565 $92,919 $173,617 - $694,468