Company name:

Mimecast Ltd

  • IPO SHARE PRICE:
    $10.00
  • IPO DATE:
    November 19, 2015
  • TICKER:
    MIME
  • MAIN STOCK EXCHANGE:
    NASDAQ
  • CURRENT HQ LOCATION:
    1 Finsbury Avenue London EC2M 2PF United Kingdom EC2M 2PF
  • FISCAL YEAR END:
    March 31
  • INCORPORATION JURISDICTION:
    None
  • 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

Mimecast Ltd

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Statement of Cash Flow

Quarterly Annual
(USD in thousand)
Selected Year:
31-Mar
2020
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
23.7% - Stock-based compensation
23.0% - Deferred revenue
19.3% - Depreciation and amortization
19.1% - Operating lease right-of-use asset amortization
5.7% - Amortization of deferred contract costs
5.3% - Prepaid expenses and other assets
2.5% - Accounts payable
0.9% - Unrealized (gain) loss on foreign currency
0.3% - Amortization of debt issuance costs
SOURCEs
19.3% 19.1% 5.7% 5.3% 23.0% 23.7%
100 %
0%
USES
54.3% 12.3% 13.6% 15.5%
15.5% - Operating lease liabilities
13.6% - Deferred contract costs
12.3% - Accounts receivable
2.2% - Accrued expenses and other liabilities
1.3% - Net income (loss)
0.7% - Other assets
0.0% - Other non-cash items
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
 ($12,386) ($7,001) ($2,200) $26,502 $43,156
Depreciation and amortization
$45,679
$45,679
 18,960 29,953 32,245 37,131 39,800
Operating lease right-of-use asset amortization
-
-
 - - 31,940 30,160 30,852
Amortization of deferred contract costs
-
$45,679
 - 6,390 9,587 12,180 13,708
Amortization of debt issuance costs
-
$45,679
 - 336 501 459 460
Stock-based compensation
$45,679
$45,679
 11,734 25,954 39,544 50,935 55,168
(Recovery of) provision for doubtful accounts
$45,679
-
 - - - - -
Asset impairments
$45,679
$45,679
 1,712 - - - -
(Gain) loss on sale of fixed assets
$45,679
-
 - - - - -
Unrealized (gain) loss on foreign currency
$45,679
$45,679
 2,958 880 1,567 (2,477) (4,492)
Other non-cash items
$45,679
$45,679
 365 (400) (54) (48) -
Accounts receivable
$45,679
$45,679
 (17,935) (18,771) (20,467) (15,530) (52,296)
Prepaid expenses and other assets
$45,679
$45,679
 (5,037) (2,046) 8,808 (3,495) 5,792
Deferred contract costs
-
$45,679
 - (20,219) (22,751) (25,748) (35,164)
Other assets
$45,679
$45,679
 33 (2,045) (1,161) 367 (424)
Accounts payable
$45,679
$45,679
 (104) 2,093 4,215 (870) (4,516)
Accrued expenses and other liabilities
$45,679
$45,679
 7,070 5,210 (3,752) 18,498 30,404
Deferred revenue
$45,679
$45,679
 39,042 45,901 38,457 25,306 56,860
Operating lease liabilities
-
-
 - - (25,941) (32,996) (39,396)
Net cash provided by (used in) operating activities
$45,679
$45,679
 $46,412 $66,235 $90,538 $120,374 $139,912
Selected Year:
31-Mar
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
35.5% - Maturities of investment securities
SOURCEs
64.5% 35.5%
100 %
0%
USES
52.4% 44.6%
52.4% - Purchase of property equipment and capitalized software development costs
44.6% - Acquisitions
3.0% - Purchases of strategic investments
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Purchases of investment securities
$45,679
$45,679
 (76,948) (42,856) - - -
Maturities of investment securities
$45,679
$45,679
 77,808 66,000 36,000 - -
Purchases of strategic investments
-
-
 - - (3,025) - -
Purchase of property equipment and capitalized software development costs Purchase of property equipment and capitalized software development costs
$45,679
$45,679
 (34,498) (28,795) (53,234) (43,882) (43,044)
Acquisitions
$45,679
$45,679
 (1,381) (115,673) (45,280) (41,194) -
Net cash provided by (used in) investing activities
$45,679
$45,679
 ($35,019) ($121,324) ($65,539) ($85,076) ($43,044)
Selected Year:
31-Mar
2020
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
100.0% - Issuance of common stock
SOURCEs
100.0%
100 %
0%
USES
69.7% 9.7% 3.3% 17.2%
17.2% - Repayment of debt
9.7% - Employee withholding taxes paid upon settlement of restricted stock units
3.3% - Repayment of finance leases
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Initial Public Offering (IPO) net
$45,679
-
 - - - - -
Issuance of common stock
$45,679
$45,679
 17,128 24,986 25,428 42,144 48,552
Repayment of debt
$45,679
$45,679
 (1,825) (1,875) (4,375) (6,250) (7,500)
Borrowing
-
$45,679
 - 97,748 - - -
Repayment of finance leases
-
-
 (1,039) (1,275) (844) (960) (712)
Repayments of capital leases
$45,679
$45,679
 - - - - -
Repayment of construction financing lease obligation
$45,679
$45,679
 (1,019) (2,301) - - -
Employee withholding taxes paid upon settlement of restricted stock units Employee withholding taxes paid upon settlement of restricted stock units
-
-
 (89) (298) (2,476) (5,630) (3,468)
Net cash provided by (used in) financing activities
$45,679
$45,679
 $13,156 $116,985 $17,733 $42,016 $36,872
Selected Year:
31-Mar
2020
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
$36,382,000
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cash and equivalents - Beginning of period
$45,679
$45,679
 $51,319 $78,339 $137,576 $363,821 -
Effect of changes in foreign exchange rates on cash
$45,679
$45,679
 2,471 (2,659) (6,350) 3,720 27,016
(Decrease) increase in cash and cash equivalents
$45,679
$45,679
 27,020 59,237 36,382 81,034 160,756
Cash and equivalents - End of period
$45,679
$45,679
 $78,339 $137,576 $173,958 $428,950 $160,756