Solar Winds Inc Analysis
Complete Analysis of SolarWinds Inc.
SolarWinds Inc. designs, develops, markets, sells and supports enterprise information technology (IT), infrastructure management software to IT professionals in organizations of all sizes. The Company's product offerings range from individual software tools to more comprehensive software products that solve problems encountered by IT professionals. They have a customer base of over 95,000, ranging from Fortune 500 companies to small businesses. In 2013 SolarWinds Inc. was featured on Forbes.com as one of America’s best Small Companies (Forbes.com/best-small-companies/list). After analyzing the past seven years of financial statements and annual reports using trend analysis and ratio analysis, I have come to the conclusion that investing in SolarWinds is a sound and smart investment. SolarWinds Inc. was founded in 1999, and has its headquarters located in Austin, Texas. It is an international company in the sense that it sells its enterprise IT software to people and companies all over the world, not just the United States. The main product that it sells is IT software that helps IT professionals diagnose and resolve various problems that arise, and also tracks and logs various information that is helpful to IT professionals. SolarWinds Inc sells multiple products that deal with application and server management, log and security information management, network management, virtualization management, and storage management (solarwinds.com). SolarWinds Inc. has grown substantially over the past seven years. In 2006 it had total revenue of just over $38 million; in 2012 its total revenue was $269 million. This represents a total increase in revenue of over 700% in just seven years (2). In 2006 Net Income was reported at $9.6 million; by 2012 that number had multiplied by over eight and a half to $81.3 million (2). A similar trend is present with Gross Profit with a 664% increase over seven years. All of these figures
SolarWinds Inc. designs, develops, markets, sells and supports enterprise information technology (IT), infrastructure management software to IT professionals in organizations of all sizes. The Company's product offerings range from individual software tools to more comprehensive software products that solve problems encountered by IT professionals. They have a customer base of over 95,000, ranging from Fortune 500 companies to small businesses. In 2013 SolarWinds Inc. was featured on Forbes.com as one of America’s best Small Companies (Forbes.com/best-small-companies/list). After analyzing the past seven years of financial statements and annual reports using trend analysis and ratio analysis, I have come to the conclusion that investing in SolarWinds is a sound and smart investment. SolarWinds Inc. was founded in 1999, and has its headquarters located in Austin, Texas. It is an international company in the sense that it sells its enterprise IT software to people and companies all over the world, not just the United States. The main product that it sells is IT software that helps IT professionals diagnose and resolve various problems that arise, and also tracks and logs various information that is helpful to IT professionals. SolarWinds Inc sells multiple products that deal with application and server management, log and security information management, network management, virtualization management, and storage management (solarwinds.com). SolarWinds Inc. has grown substantially over the past seven years. In 2006 it had total revenue of just over $38 million; in 2012 its total revenue was $269 million. This represents a total increase in revenue of over 700% in just seven years (2). In 2006 Net Income was reported at $9.6 million; by 2012 that number had multiplied by over eight and a half to $81.3 million (2). A similar trend is present with Gross Profit with a 664% increase over seven years. All of these figures