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

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

Quarterly Annual
(USD in thousand)
Selected Quarter:
31-Dec
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 92,193 99,231 103,357 110,158 114,217 115,176 122,693 129,636 481,722 518,544
Selected Quarter:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
91.7%
34.9% —

Sales and marketing

24.4% —

Cost of revenue

19.6% —

Research and development

12.8% —

General and administrative
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of revenue
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 24,702 25,467 26,134 28,455 29,326 28,469 29,742 31,572 119,109 126,288
Gross profit
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 67,491 73,764 77,223 81,703 84,891 86,707 92,951 98,064 362,613 392,256
Sales and marketing
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 35,823 43,370 41,165 42,753 41,891 44,043 43,994 45,187 175,115 180,748
Research and development
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 15,989 19,385 19,320 20,801 21,284 22,802 22,287 25,408 91,781 101,632
General and administrative
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 15,472 15,447 16,756 16,520 16,591 17,168 16,583 16,649 66,991 66,596
Restructuring
-
45,679
45,679
-
-
45,679
45,679
 - - - - - - - - - -
Total operating expenses
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 67,284 78,202 77,241 80,074 79,766 84,013 82,864 87,244 333,887 348,976
Selected Quarter:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
8.3%
8.3% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $207 ($4,438) ($18) $1,629 $5,125 $2,694 $10,087 $10,820 $28,726 $43,280
Selected Quarter:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
1.1%
1.1% —

Foreign exchange gain (loss)
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Foreign exchange gain (loss)
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (1,118) 956 (704) (93) (1,237) 1,763 1,161 1,441 3,128 5,764
Total non-operating income (expense)
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (1,118) 956 (704) (93) (1,237) 1,763 1,161 1,441 3,128 5,764
Selected Quarter:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
9.5%
9.5% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($911) ($3,482) ($722) $1,536 $3,888 $4,457 $11,248 $12,261 $31,854 $49,044
Selected Quarter:
31-Dec
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
0.6%
0.4% —

Interest expense

0.2% —

Interest income

0.9% —

Income tax expense or benefit
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (1,884) (1,280) (1,195) (1,106) (926) (883) (790) (578) (3,177) (2,312)
Interest income
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 875 982 1,114 727 623 177 174 261 1,235 1,044
Total other expense or income
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (2,127) 658 (785) (472) (1,540) 1,057 545 1,124 1,186 4,496
Income before income taxes
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (1,920) (3,780) (803) 1,157 3,585 3,751 10,632 11,944 29,912 47,776
Income tax expense or benefit
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 10 230 118 951 1,060 613 582 1,155 3,410 4,620
Selected Quarter:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
8.3%
8.3% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($1,930) ($4,010) ($921) $206 $2,525 $3,138 $10,050 $10,789 $26,502 $43,156

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Common
-
-
-
45,678,795
45,678,795
45,678,795
45,678,795
 61,345,165 61,759,379 61,991,355 62,515,514 62,965,224 63,290,548 63,892,288 64,382,729 64,382,729 64,382,729
Selected Quarter:
31-Dec
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 ($0.04) ($0.07) ($0.01) - $0.04 $0.05 $0.16 $0.17 $0.42 $0.68
Net Income per diluted share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 ($0.04) ($0.07) ($0.01) - $0.04 $0.05 $0.15 $0.16 $66,023.40 $0.64