Mimecast Ltd
NASDAQ:MIME
Income Statement
Earnings Waterfall
Mimecast Ltd
Revenue
|
575.3m
USD
|
Cost of Revenue
|
-133.3m
USD
|
Gross Profit
|
442m
USD
|
Operating Expenses
|
-384.5m
USD
|
Operating Income
|
57.5m
USD
|
Other Expenses
|
-10.2m
USD
|
Net Income
|
47.3m
USD
|
Income Statement
Mimecast Ltd
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||
Revenue |
88
N/A
|
95
+8%
|
103
+8%
|
110
+6%
|
116
+6%
|
122
+6%
|
128
+5%
|
136
+6%
|
142
+5%
|
150
+6%
|
160
+7%
|
171
+7%
|
187
+9%
|
203
+9%
|
222
+9%
|
241
+9%
|
262
+9%
|
282
+8%
|
301
+7%
|
322
+7%
|
340
+6%
|
361
+6%
|
382
+6%
|
405
+6%
|
427
+5%
|
443
+4%
|
462
+4%
|
482
+4%
|
501
+4%
|
529
+5%
|
553
+5%
|
575
+4%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||
Cost of Revenue |
(29)
|
(31)
|
(34)
|
(36)
|
(37)
|
(38)
|
(39)
|
(40)
|
(42)
|
(43)
|
(46)
|
(48)
|
(50)
|
(54)
|
(58)
|
(63)
|
(70)
|
(75)
|
(81)
|
(86)
|
(91)
|
(95)
|
(100)
|
(105)
|
(109)
|
(112)
|
(116)
|
(119)
|
(122)
|
(127)
|
(131)
|
(133)
|
|
Gross Profit |
60
N/A
|
64
+8%
|
70
+8%
|
74
+6%
|
79
+7%
|
85
+7%
|
90
+6%
|
96
+7%
|
100
+4%
|
107
+7%
|
114
+7%
|
123
+8%
|
136
+11%
|
149
+9%
|
164
+10%
|
178
+9%
|
192
+8%
|
207
+8%
|
220
+7%
|
235
+7%
|
250
+6%
|
266
+7%
|
283
+6%
|
300
+6%
|
318
+6%
|
331
+4%
|
346
+5%
|
363
+5%
|
380
+5%
|
402
+6%
|
423
+5%
|
442
+5%
|
|
Operating Income | |||||||||||||||||||||||||||||||||
Operating Expenses |
(71)
|
(74)
|
(81)
|
(81)
|
(82)
|
(82)
|
(82)
|
(93)
|
(103)
|
(114)
|
(126)
|
(136)
|
(147)
|
(158)
|
(170)
|
(183)
|
(197)
|
(212)
|
(225)
|
(237)
|
(249)
|
(268)
|
(285)
|
(302)
|
(315)
|
(320)
|
(325)
|
(333)
|
(344)
|
(362)
|
(371)
|
(384)
|
|
Selling, General & Administrative |
(58)
|
(61)
|
(67)
|
(66)
|
(67)
|
(68)
|
(68)
|
(77)
|
(85)
|
(95)
|
(106)
|
(115)
|
(124)
|
(132)
|
(142)
|
(150)
|
(158)
|
(168)
|
(176)
|
(183)
|
(191)
|
(204)
|
(216)
|
(226)
|
(234)
|
(236)
|
(238)
|
(241)
|
(247)
|
(252)
|
(259)
|
(271)
|
|
Research & Development |
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(14)
|
(14)
|
(16)
|
(18)
|
(19)
|
(20)
|
(21)
|
(23)
|
(25)
|
(29)
|
(33)
|
(38)
|
(44)
|
(50)
|
(54)
|
(58)
|
(64)
|
(69)
|
(76)
|
(81)
|
(84)
|
(87)
|
(92)
|
(98)
|
(106)
|
(109)
|
(110)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(3)
|
(3)
|
|
Operating Income |
(11)
N/A
|
(10)
+14%
|
(11)
-16%
|
(7)
+40%
|
(2)
+66%
|
3
N/A
|
8
+212%
|
3
-59%
|
(3)
N/A
|
(8)
-200%
|
(11)
-52%
|
(12)
-8%
|
(10)
+16%
|
(9)
+17%
|
(7)
+22%
|
(5)
+29%
|
(4)
+6%
|
(5)
-7%
|
(5)
+2%
|
(2)
+67%
|
1
N/A
|
(2)
N/A
|
(2)
+21%
|
(2)
+16%
|
3
N/A
|
11
+242%
|
21
+97%
|
29
+41%
|
35
+20%
|
40
+13%
|
51
+29%
|
57
+12%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
(6)
|
(2)
|
1
|
4
|
1
|
0
|
(0)
|
0
|
8
|
10
|
9
|
7
|
3
|
(0)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(0)
|
1
|
0
|
(2)
|
(3)
|
(6)
|
|
Non-Reccuring Items |
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
(4)
|
(4)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(17)
N/A
|
(16)
+7%
|
(14)
+10%
|
(7)
+52%
|
1
N/A
|
3
+420%
|
8
+208%
|
3
-65%
|
(2)
N/A
|
1
N/A
|
(1)
N/A
|
(3)
-173%
|
(3)
-7%
|
(6)
-78%
|
(7)
-21%
|
(6)
+19%
|
(10)
-71%
|
(11)
-13%
|
(11)
-5%
|
(9)
+24%
|
(5)
+43%
|
(6)
-24%
|
(6)
+10%
|
(5)
+4%
|
0
N/A
|
8
+3 800%
|
19
+146%
|
30
+56%
|
31
+5%
|
38
+21%
|
48
+26%
|
51
+8%
|
|
Net Income | |||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(2)
|
(1)
|
(4)
|
(4)
|
|
Income from Continuing Operations |
(17)
|
(16)
|
(14)
|
(7)
|
0
|
2
|
8
|
3
|
(3)
|
(1)
|
(3)
|
(5)
|
(6)
|
(8)
|
(9)
|
(8)
|
(12)
|
(14)
|
(15)
|
(12)
|
(7)
|
(8)
|
(6)
|
(7)
|
(2)
|
5
|
16
|
27
|
30
|
37
|
44
|
47
|
|
Net Income (Common) |
(17)
N/A
|
(16)
+7%
|
(14)
+10%
|
(7)
+52%
|
0
N/A
|
2
+450%
|
8
+255%
|
3
-68%
|
(3)
N/A
|
(1)
+75%
|
(3)
-238%
|
(5)
-81%
|
(6)
-12%
|
(8)
-38%
|
(9)
-21%
|
(8)
+9%
|
(12)
-48%
|
(14)
-13%
|
(15)
-6%
|
(12)
+21%
|
(7)
+40%
|
(8)
-7%
|
(6)
+16%
|
(7)
-5%
|
(2)
+67%
|
5
N/A
|
16
+224%
|
27
+67%
|
30
+12%
|
37
+23%
|
44
+20%
|
47
+7%
|
|
EPS (Diluted) |
-0.31
N/A
|
-0.29
+6%
|
-0.26
+10%
|
-0.13
+50%
|
0.01
N/A
|
0.04
+300%
|
0.14
+250%
|
0.06
-57%
|
-0.06
N/A
|
-0.01
+83%
|
-0.05
-400%
|
-0.09
-80%
|
-0.1
-11%
|
-0.13
-30%
|
-0.16
-23%
|
-0.15
+6%
|
-0.21
-40%
|
-0.24
-14%
|
-0.25
-4%
|
-0.19
+24%
|
-0.12
+37%
|
-0.12
N/A
|
-0.1
+17%
|
-0.1
N/A
|
-0.04
+60%
|
0.08
N/A
|
0.24
+200%
|
0.4
+67%
|
0.45
+13%
|
0.55
+22%
|
0.64
+16%
|
0.67
+5%
|