Goto
Financials
Estimates*
USD | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|---|
Revenues | 272m | 336m | 990m | 1.2b | 1.3b | 1.4b | 1.4b |
% growth | 23 % | 24 % | 195 % | 22 % | 5 % | 7 % | 5 % |
EBITDA | 67.6m | 89.5m | 275m | 363m | 319m | 419m | 448m |
% EBITDA margin | 25 % | 27 % | 28 % | 30 % | 25 % | 31 % | 31 % |
Profit | 14.6m | 2.6m | 99.0m | 74.0m | (14.0m) | 22.0m | 108m |
% profit margin | 5 % | 1 % | 10 % | 6 % | (1 %) | 2 % | 8 % |
R&D budget | 45.1m | 61.6m | 172m | 193m | 196m | - | - |
R&D % of revenue | 17 % | 18 % | 17 % | 16 % | 16 % | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$10.0m | Series A | ||
* | $10.0m | Series B | |
* | $10.0m | Series C | |
N/A | $107m Valuation: $342m | IPO | |
* | N/A | Growth Equity VC | |
$4.3b Valuation: $4.3b 3.6x EV/LTM Revenues 11.8x EV/LTM EBITDA | Acquisition | ||
* | N/A | $100m | Debt |
Total Funding | €27.3m |
Recent News about Goto
EditLogMeIn, now operating under the brand GoTo, specializes in providing secure and reliable remote access and support software tools. The company offers a suite of products designed to facilitate remote work, learning, and customer engagement. Key offerings include GoTo Connect for communication, LastPass for security, and GoToAssist for remote support. LogMeIn serves a diverse range of clients, from small businesses to large enterprises, across various industries. The company operates in the remote work and IT support market, leveraging a subscription-based business model to generate revenue. This model ensures a steady stream of income through recurring payments for access to its software solutions. By focusing on ease of deployment, scalability, and user-friendliness, LogMeIn helps businesses transition smoothly to remote work environments while maintaining high levels of productivity and security.
Keywords: remote access, remote support, secure software, GoTo, LastPass, GoToAssist, remote work, IT support, subscription model, business productivity.