SCIQUEST INC company info

CIK 1082526
IRS Number 562127592
State of incorporation DE
Business address 3020 CARRINGTON MILL BLVD.
Mail address 3020 CARRINGTON MILL BLVD.

Short summary

SCIQUEST INC is a North Carolina company, with head office located at 3020 Carrington Mill Blvd. Morrisville, North Carolina 27560. The company achieved a record breaking net income in 2009 - 19.43 million USD. In 2015 the company owned a total of 262.72 million USD worth of assets, including 149.71 million USD worth of current assets. An analysis of the recent trend shows a steady growth of company assets, with a 1.27% growth from the last year and a 152.31% increase in the 5 year period. The company net sales last year amounted to 105.35 million USD, which means a 3.36% increase when compared to 2014. The company allocated 27.30 million USD of its income to research and development.

SCIQUEST INC Income Statement

Name [in Millions USD]20082009201020112012201320142015Trends
Revenue, Net 90.23101.93105.35
Gross Profit 28.6933.1240.1046.2062.8270.4471.79
Research and development 8.068.4011.2317.1928.2728.3127.30
Operating Expenses 26.1031.9934.7847.2867.9471.1269.28
Operating Income (Loss) 2.581.135.32-1.09-5.12-0.692.51
Other Nonoperating Income (Expense) -0.011.690.21-0.08-0.05-0.15-0.31
Income Tax Expense (Benefit) -16.821.112.780.10-0.38-0.470.94
Net income 19.431.742.83-1.18-4.73-0.071.86

SCIQUEST INC Balance Sheet

Name [in Millions USD]20082009201020112012201320142015Trends
Cash and cash equivalents 13.5020.2017.5526.5011.1053.0357.3354.77
Accounts Receivable, Net, Current 8.487.4610.6014.5812.0410.13
Deferred income taxes
Property, Plant and Equipment, Gross 11.4416.7323.3431.5837.11
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 5.567.8511.4916.9822.07
Goodwill 15.7215.7236.5565.2362.8962.32
Intangible Assets, Net (Excluding Goodwill) 5.964.9314.4326.8221.1217.56
Other Assets, Noncurrent
Total assets 104.13118.10138.76255.12259.43262.72
Current assets 59.9772.3358.41133.04143.04149.71
Accounts payable 001.221.670.270.25
Total current liabilities 36.2640.3355.1064.5462.6661.07
Deferred Revenue, Noncurrent 11.2613.9513.4711.139.377.97
Deferred income taxes 2.03
Common Stock, Value, Issued
Retained Earnings (Accumulated Deficit) -15.23-12.85-15.71-19.32-19.28-16.46
Accumulated Other Comprehensive Income (Loss), Net of Tax 0.01-1.15-1.48-4.24-5.01


Name [in Millions USD]20082009201020112012201320142015Trends
Net income 19.431.742.83-1.18-4.73-0.071.86
Depreciation 0.550.721.532.162.692.80
Amortization of Intangible Assets 0.400.300.861.272.383.152.75
Depreciation and amortization
Deferred Income Tax Expense (Benefit) -16.800.922.48-0.06-0.44-0.600.76
Accounts receivable 1.341.553.52-0.56-2.50-0.880.67
Accounts payable -
Deferred revenue 2.693.939.057.934.070.53-0.72
Net Cash Provided by (Used in) Operating Activities 4.505.8917.4120.3818.02
Payments to Acquire Property, Plant, and Equipment 0.690.832.061.832.874.202.77
Payments to Acquire Businesses, Net of Cash Acquired 007.3530.1925.59
Net Cash Provided by (Used in) Investing Activities -0.91-19.43-35.09-20.18-17.48
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -20.18-17.48-66.13-12.06
Proceeds from Stock Plans 0.930.920.81
Proceeds from Issuance of Common Stock 0.030.04087.67
Net Cash Provided by (Used in) Financing Activities 0.0313.9015.150.533.03
Cash and Cash Equivalents, Period Increase (Decrease) 3.630.36-2.540.653.5140.308.47