Private company

Mimecast Ltd

British prepackaged software services company. Summary from the record

Last updated Oct 19, 2026.

Overview

$501.4MRevenue, fiscal 2021²

$29.7MNet income, fiscal 2021²

IndustryServices-Prepackaged Software¹
HeadquartersLondon, United Kingdom¹
Incorporated inUnited Kingdom³
Business address1 Finsbury Avenue, London, X0 Ec2M 2Pf³
Filer categoryLarge accelerated filer³

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

75.7%Gross margin²

6.2%Operating margin²

5.9%Net margin²

17.4%Revenue growth, 2021²

8.2%Return on equity²

0.26×Debt to equity²

Where the money goes

Where each dollar of revenue went, fiscal 2021

Cost of revenueResearch and developmentOther costs

Cost of revenue24¢$121.7M
Research and development19¢$97.5M
Other costs49¢$247.9M
Interest1¢$2.8M
Income tax0¢$1.7M
Profit6¢$29.7M

Out of $501.4M in revenue.²

Where each dollar of operating cash went, fiscal 2021

Kept or used elsewhere

Kept or used elsewhere100¢$127.0M

Out of $127.0M of cash from operations.²

Financial statements

Revenue⁴⁵⁶⁷²$501.4M in 2021+332% since 2015

Gross profit⁴⁵⁶⁷²$379.7M in 2021+379% since 2015

Operating income⁴⁵⁶⁷²$31.3M in 2021

Net income⁴⁵⁶⁷²$29.7M in 2021+10337% since 2015

Fiscal year	2015	2016	2017	2018	2019	2020	2021
Revenue	$116.1M⁴	$141.8M⁵	$186.6M⁶	$261.9M⁷	$340.4M²	$427.0M²	$501.4M²
Cost of revenue	$36.8M⁴	$41.8M⁵	$50.3M⁶	$69.7M⁷	$90.9M²	$109.4M²	$121.7M²
Gross profit	$79.3M⁴	$100.0M⁵	$136.2M⁶	$192.2M⁷	$249.5M²	$317.6M²	$379.7M²
Research and development	$14.5M⁴	$17.7M⁵	$22.6M⁶	$38.4M⁷	$57.9M²	$80.8M²	$97.5M²
Operating income	-$3.4M⁴	-$2.6M⁵	-$10.4M⁶	-$7.0M⁷	-$1.2M²	$2.3M²	$31.3M²
Interest	$703.0K⁴	$690.0K⁵	$268.0K⁶	$598.0K⁷	$5.9M²	$4.5M²	$2.8M²
Income tax	$152.0K⁴	$865.0K⁵	$2.2M⁶	$2.7M⁷	$2.0M²	$2.4M²	$1.7M²
Net income	$285.0K⁴	-$3.2M⁵	-$5.4M⁶	-$12.4M⁷	-$7.0M²	-$2.2M²	$29.7M²
Earnings per share	$0.01⁴	-$0.08⁴	-$0.10⁴		-$0.12²	-$0.04²	$0.47²
Earnings per share (diluted)	$0.01⁴	-$0.08⁴	-$0.10⁴		-$0.12²	-$0.04²	$0.45²

Total assets⁹⁴⁵⁶⁷²$934.7M in 2021+952% since 2015

Total liabilities⁹⁴⁵⁶⁷²$573.8M in 2021+588% since 2015

Shareholders’ equity⁵⁶⁷²$360.9M in 2021

Cash⁵⁶⁷²$292.9M in 2021+791% since 2015

Long-term debt⁹⁴⁷²$94.7M in 2021+1236% since 2015

Fiscal year	2015	2016	2017	2018	2019	2020	2021
Cash	$32.9M⁵	$106.1M⁵	$51.3M⁵	$78.3M⁶	$137.6M⁷	$174.0M²	$292.9M²
Current assets	$63.1M⁹	$147.2M⁴	$166.1M⁵	$217.9M⁶	$288.5M⁷	$298.9M²	$443.4M²
Total assets	$88.8M⁹	$175.1M⁴	$205.4M⁵	$358.4M⁶	$554.3M⁷	$729.8M²	$934.7M²
Current liabilities	$66.1M⁹	$83.8M⁴	$110.4M⁵	$164.1M⁶	$221.8M⁷	$288.7M²	$345.8M²
Long-term debt	$7.1M⁹	$2.0M⁴	$1.7M⁴		$92.8M⁷	$86.3M²	$94.7M²
Total liabilities	$83.4M⁹	$97.1M⁴	$123.4M⁵	$256.7M⁶	$380.7M⁷	$497.8M²	$573.8M²
Shareholders’ equity	-$53.9M⁵	$78.1M⁶	$82.0M⁷	$101.7M²	$173.6M²	$232.1M²	$360.9M²
Shares outstanding	32.9M shares⁹	54.2M shares⁹	55.9M shares⁴	59.0M shares⁵	61.3M shares⁶	63.0M shares⁷	65.2M shares²

Cash from operations⁶⁷²$127.0M in 2021+291% since 2017

Capital spending⁴$18.5M in 2017+47% since 2015

Fiscal year	2015	2016	2017	2018	2019	2020	2021
Cash from operations			$32.5M⁶	$46.4M⁷	$66.2M²	$90.5M²	$127.0M²
Capital spending	$12.6M⁴	$14.2M⁴	$18.5M⁴
Free cash flow			$14.0M
Dividend per share		$0.00⁹

Compare Mimecast Ltd with another company

Leadership

Who has led Mimecast Ltd, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

Rafeal E. Brown2019–2022

Chief operating officer

Edward Vincent Jennings2018–2019

20202025

Chief financial officerRafeal E. Brown Mar 18, 2019 to May 23, 2022¹⁰
Chief operating officerEdward Vincent Jennings Apr 2, 2018 to Sep 13, 2019¹¹

Board members and other officers (19)

Chief Marketing OfficerBernd Leger May 24, 2021 to May 23, 2022¹²
Chief Tech. & Product OfficerDavid Raissipour Jul 2, 2021 to May 23, 2022¹³
SVP, Global MarketingAlex E.t. Bender Jan 2, 2020 to Dec 23, 2020¹⁴
Chief Information OfficerShahriar Rafimayeri Sep 2, 2020 to May 23, 2022¹⁵
Chief Security & Res. OfficerMichael Paisley Sep 21, 2020 to May 23, 2022¹⁶
Chief Human Resources OfficerKaren M. Anderson Jan 3, 2019 to May 23, 2022¹⁷
Chief Revenue OfficerDino Dimarino Oct 1, 2019 to Oct 4, 2021¹⁸
SVP, Customer Success & Supp.Heather Bentley Nov 25, 2019 to May 23, 2022¹⁹
SVP, Systems, Risk & SecurityJanet Bishop-Levesque Apr 2, 2018 to Apr 3, 2020²⁰
Chief Technology OfficerNeil Murray Apr 2, 2018 to Apr 3, 2019²¹
Sr. Vice President and GCRobert P. Nault Apr 2, 2018 to May 23, 2022²²
Chief Strategy OfficerHouten Christina Van Apr 12, 2018 to May 3, 2021²³
Board memberPotier Helene Auriol Jan 4, 2021 to May 23, 2022²⁴
Board memberRobert Schechter Jan 2, 2019 to May 23, 2022²⁵
Board memberAlpna J. Doshi Dec 2, 2019 to May 23, 2022²⁶
Board memberChristopher Fitzgerald Apr 2, 2018 to May 23, 2022²⁷
Board memberHagi Schwartz Apr 2, 2018 to May 23, 2022²⁸
Board memberJeffrey Lieberman Apr 2, 2018 to Apr 8, 2019²⁹
Board memberNeil Murray Apr 2, 2018 to May 23, 2022²¹

Filings

79 filings to the SEC since October 2021: 2 quarterly reports, 12 major events, 48 insider forms, 3 large holders, 14 other. The latest 20:

May 31, 202215-12B EDGAR
May 31, 20224/A FORM 4/A SUBMISSION EDGAR
May 23, 20228-K EDGAR
May 23, 2022S-8 POS EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR
May 23, 20224 FORM 4 SUBMISSION EDGAR

The 79 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

8 open-market trades by officers, directors and large owners since October 2021: 0 buys and 8 sales. Grants, option exercises and gifts are left out.

Date	Who	Trade	Shares	Price	Value	Filing
Feb 28, 2022	Brown Rafeal E.Chief Financial Officer	Sale	5	$79.52	$398	Form 4
Nov 19, 2021	Murray NeilDirector	Sale	35,000	$83.84	$2.9M	Form 4
Nov 8, 2021	Bauer PeterChief Executive Officer	Sale	7,500	$79.03	$592.7K	Form 4
Nov 1, 2021	Anderson Karen M.Chief Human Resources Officer	Sale	7,812	$75.10	$586.7K	Form 4
Oct 19, 2021	Murray NeilDirector	Sale	35,000	$67.21	$2.4M	Form 4
Oct 15, 2021	Bauer PeterChief Executive Officer	Sale	50,000	$65.99	$3.3M	Form 4
Oct 7, 2021	Bauer PeterChief Executive Officer	Sale	7,500	$64.96	$487.2K	Form 4
Oct 1, 2021	Anderson Karen M.Chief Human Resources Officer	Sale	1,859	$64.71	$120.3K	Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Peter BauerSC 13G/A, 1 filing Feb 14, 2022³⁰
Wellington Management CompanySC 13G/A, 1 filing Feb 4, 2022³¹
FIRST TRUST PORTFOLIOS LPSC 13G, 1 filing Jan 28, 2022³²

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARMimecast Ltd filings on SEC EDGAR
2
SEC EDGARMimecast Ltd 10-K for fiscal 2021
3
SEC EDGARMimecast Ltd filings on SEC EDGAR
4
SEC EDGARMimecast Ltd 10-K for fiscal 2015
5
SEC EDGARMimecast Ltd 10-K for fiscal 2016
6
SEC EDGARMimecast Ltd 10-K for fiscal 2017
7
SEC EDGARMimecast Ltd 10-K for fiscal 2018
8
SEC EDGARMimecast Ltd 10-Q for fiscal 2021
9
SEC EDGARMimecast Ltd 10-K for fiscal 2015
10
SEC EDGARRafeal E. Brown, Chief financial officer
11
SEC EDGAREdward Vincent Jennings, Chief operating officer
12
SEC EDGARBernd Leger, Chief Marketing Officer
13
SEC EDGARDavid Raissipour, Chief Tech. & Product Officer
14
SEC EDGARAlex E.t. Bender, SVP, Global Marketing
15
SEC EDGARShahriar Rafimayeri, Chief Information Officer
16
SEC EDGARMichael Paisley, Chief Security & Res. Officer
17
SEC EDGARKaren M. Anderson, Chief Human Resources Officer
18
SEC EDGARDino Dimarino, Chief Revenue Officer
19
SEC EDGARHeather Bentley, SVP, Customer Success & Supp.
20
SEC EDGARJanet Bishop-Levesque, SVP, Systems, Risk & Security
21
SEC EDGARNeil Murray, Chief Technology Officer
22
SEC EDGARRobert P. Nault, Sr. Vice President and GC
23
SEC EDGARHouten Christina Van, Chief Strategy Officer
24
SEC EDGARPotier Helene Auriol, Board member
25
SEC EDGARRobert Schechter, Board member
26
SEC EDGARAlpna J. Doshi, Board member
27
SEC EDGARChristopher Fitzgerald, Board member
28
SEC EDGARHagi Schwartz, Board member
29
SEC EDGARJeffrey Lieberman, Board member
30
SEC EDGARPeter Bauer SC 13G/A on Mimecast Ltd
31
SEC EDGARWellington Management Company SC 13G/A on Mimecast Ltd
32
SEC EDGARFIRST TRUST PORTFOLIOS LP SC 13G on Mimecast Ltd