Login

MINDBODY, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2018 10-Q, filed Nov 8, 2018. Its latest SEC filing is a 15-12B from Feb 26, 2019.

The sections below describe the company as of the FY2017 annual report.

What Did They Do?

Provides cloud-based business-management software and payment processing to wellness businesses, and runs a consumer app for finding and booking wellness services.

How Did They Make Money?

Wellness businesses pay subscription fees for software, usually monthly in advance; MINDBODY also earns a share of fees on transactions processed through its payments platform.

FY2017 revenue

Who Were Their Customers?

Small and medium-sized wellness businesses, including fitness, beauty and integrative health operators, buy directly through MINDBODY's outbound sales team; consumers use the app to find, book and pay for local services.

Did Revenues Turn Into Profits?

No. It lost $14.8M in FY2017.

Operating income, FY2017
−8% of revenue
▼ −33% (Loss) vs FY2016 (−$21.3M, −15%)
Net income, FY2017
−8% of revenue
▼ −36% (Loss) vs FY2016 (−$23M, −17%)

How Were They Changing?

Since the FY2017 annual report
Latest quarter: Q3 FY2018, the three months to Sep 30, 2018
Revenue
▲ +37%
vs $46.6M in Q3 FY2017
Net income
▲ +375% (Loss)
vs −$3.6M in Q3 FY2017
  • Feb 15, 2019 Vista completed its acquisition of MINDBODY MINDBODY became a wholly owned subsidiary of Vista; its shares were converted to cash and removed from Nasdaq.
  • Dec 26, 2018 MINDBODY agreed to be acquired by Vista The agreement set cash consideration of $36.50 per share, subject to stockholder and regulatory approval.
  • Apr 2, 2018 MINDBODY completed its acquisition of Booker The purchase included $150.0 million in cash and the assumption of unvested option awards.
  • Mar 12, 2018 MINDBODY agreed to acquire Booker The proposed purchase was approximately $150.0 million in cash, plus the assumption of unvested option awards.

Grew. Revenue grew 3.8x in 4 years, from $48.7M in FY2013 to $182.6M in FY2017, about 39% a year.

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support