Overview
Apptix has an appetite for e-mail. The company provides hosted communications services including Microsoft Exchange e-mail, mobile e-email, SharePoint collaboration, VoIP (Voice over Internet Protocol) phone services, Web conferencing, website hosting, online backup, and other services. In addition to Microsoft, the company counts Mozy, Global Relay, PARALLELS, and BlackBerry among its technology partners. Its channel partners include Bell Canada,
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Read More Fujitsu, IBM Global Services, and SAVVIS. Once a provider of services to small businesses, Apptix has added midsized and large enterprise subscribers. The company operates in the US.
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Read More Fujitsu, IBM Global Services, and SAVVIS. Once a provider of services to small businesses, Apptix has added midsized and large enterprise subscribers. The company operates in the US.
Read Less
Chris Mack
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Computer software development and applications
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Management, Scientific, and Technical Consulting Services
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Other Professional, Scientific, and Technical Services
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Scientific Research and Development Services
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Specialized Design Services
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Contacts
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Chris MackPresident
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Financial Data
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Financial data as of ? (12 month period) in USD
Annual Revenue
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All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Net Operating Cash | $34 | $32 | $19 |
| Net Investing Cash | -$210 | -$125 | -$76 |
| Net Financing Cash | -$10 | $757 | $268 |
| Net Change in Cash | -$186 | $664 | $211 |
| Cash at Beginning of Period | $884 | $221 | $11 |
| Cash at End of Period | $697 | $884 | $221 |
| Capital Expenditure | -$92 | -$38 | -$16 |
| Assets (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $695 | $883 | $220 |
| Accounts Receivable | $28 | $20 | $11 |
| Inventories | $ | $ | $ |
| Other Current Assets | $12 | $7 | $7 |
| Asset Summary | |||
| Total Current Assets | $734 | $909 | $238 |
| Tangible Fixed Assets | $40 | $16 | $17 |
| Intangible Assets | $211 | $103 | $78 |
| Total Assets | $1,371 | $1,301 | $505 |
| Liabilities (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $20 | $9 | $5 |
| Short-Term Debt | $1 | $ | $1 |
| Other Current Liabilities | $73 | $100 | $35 |
| Liability Summary | |||
| Total Current Liabilities | $94 | $109 | $41 |
| Long-Term Debt | $1 | $ | $ |
| Other Long-Term Liabilities | $9 | -$0 | $ |
| Total Liabilities | $144 | $130 | $104 |
| Stakeholder's Equity (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Equity | |||
| Common Stock | $106 | $105 | $73 |
| Retained Earnings | -$5 | -$36 | -$36 |
| Equity Summary | |||
| Total Equity | $1,227 | $1,171 | $401 |
| Shares Outstanding | 79,620,528 | 78,617,757 | 55,035,159 |