July 25, 2016 10:44 PM ET

Internet Software and Services

Company Overview of MINDBODY, Inc.

Company Overview

MINDBODY, Inc. operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build client scheduling and online booking, staff management, client relationship management, integrated software and payments, retail point-of-sale, analytics and reporting, simple and intuitive user experience, mobility, social integration, cloud-based architecture, open platform for third-party application development, security and compliance, and integration with other cloud-based partners for yoga, Pilates, barre, indoor cycling, personal training, martial arts, and dance ...

4051 Broad Street

Suite 220

San Luis Obispo, CA 93401

United States

Founded in 2001

1,282 Employees

Phone:

877-755-4279

Key Executives for MINDBODY, Inc.

Co-Founder, Chairman of The Board, Chief Executive Officer and President
Age: 50
Total Annual Compensation: $390.0K
Co-Founder, Chief Operating Officer, Chief Marketing Officer and Director
Age: 59
Total Annual Compensation: $345.0K
Chief Financial Officer
Age: 53
Total Annual Compensation: $320.0K
Compliance Officer, General Counsel and Corporate Secretary
Age: 49
Total Annual Compensation: $152.8K
Compensation as of Fiscal Year 2015.

MINDBODY, Inc. Key Developments

MINDBODY, Inc. Elects Gail Goodman and Jeremy Levine as Class I Directors

MINDBODY, Inc. announced at the AGM held on June 10, 2016, the shareholders elects Gail Goodman and Jeremy Levine as Class I Directors.

MINDBODY, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016; Provides Earnings Guidance for the Second Quarter and Full Year 2016

MINDBODY, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, revenue was $32,006,000 against $22,263,000 a year ago. Loss from operations was $6,135,000 against $7,652,000 a year ago. Loss before provision for income taxes was $6,521,000 against $7,855,000 a year ago. Net loss attributable to common stockholders was $6,594,000 against $11,572,000 a year ago. Net loss per share attributable to common stockholders, basic and diluted was $0.17 against $1.03 a year ago. Net cash used in operating activities was $2,698,000 against $6,544,000 a year ago. Purchase of property and equipment was $1,137,000 against $3,396,000 a year ago. Adjusted LBITDA was $2,374,000 against $5,294,000 a year ago. Non-GAAP net loss attributable to common stockholders was $4,681,000 against $6,721,000 a year ago. Non-GAAP net loss per share attributable to common stockholders, basic and diluted was $0.12 against $0.21 a year ago. For the second quarter of 2016, the company expects revenue to be in the range of $32.7 million to $33.7 million, representing 32% to 36% growth over the second quarter of 2015. Non-GAAP net loss for the second quarter of 2016 in the range of $6.0 million to $5.0 million and weighted average shares outstanding for the second quarter of approximately 39.7 million shares. For the full year 2016, the company expects revenue to be in the range of $135.7 million to $138.7 million, representing 34% to 37% growth over 2015. Non-GAAP net loss for the full year of 2016 in the range of $19.4 million to $22.4 million and weighted average shares outstanding for the full year of approximately 39.8 million shares.

MINDBODY, Inc., Annual General Meeting, Jun 10, 2016

MINDBODY, Inc., Annual General Meeting, Jun 10, 2016, at 10:00 Pacific Standard Time. Location: 651 Tank Farm Road San Luis Obispo, CA 93401 United States Agenda: To approve election of Directors: Gail Goodman and Jeremy Levine; and to ratify the appointment of Deloitte & Touche LLP as MINDBODY's independent registered public accounting firm for the fiscal year ending December 31, 2016.

Similar Private Companies By Industry

Company Name Region
"Atlantic Tele-Satellite, Inc. United States
.Club Domains LLC United States
.Comdaq Corporation United States
@Court United States
0 Food Waste LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact MINDBODY, Inc., please visit www.mindbodyonline.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.