Company Quick10K Filing
Cimpress
10-Q 2020-03-31 Filed 2020-05-06
10-Q 2019-12-31 Filed 2020-01-30
10-Q 2019-09-30 Filed 2019-10-31
10-K 2019-06-30 Filed 2019-08-09
10-Q 2019-03-31 Filed 2019-05-02
10-Q 2018-12-31 Filed 2019-01-31
10-Q 2018-09-30 Filed 2018-11-01
10-K 2018-06-30 Filed 2018-08-10
10-Q 2018-03-31 Filed 2018-05-03
10-Q 2017-12-31 Filed 2018-02-01
10-Q 2017-09-30 Filed 2017-11-03
10-K 2017-06-30 Filed 2017-08-11
10-Q 2017-03-31 Filed 2017-04-27
10-Q 2016-12-31 Filed 2017-01-30
10-Q 2016-09-30 Filed 2016-10-28
10-K 2016-08-12 Filed 2016-08-12
10-Q 2016-03-31 Filed 2016-04-28
10-Q 2015-12-31 Filed 2016-01-29
10-Q 2015-09-30 Filed 2015-10-30
10-K 2015-06-30 Filed 2015-08-14
10-Q 2015-03-31 Filed 2015-04-30
10-Q 2014-12-31 Filed 2015-01-30
10-Q 2014-09-30 Filed 2014-10-30
10-K 2014-06-30 Filed 2014-08-15
10-Q 2014-03-31 Filed 2014-04-30
10-Q 2013-12-31 Filed 2014-01-31
10-Q 2013-09-30 Filed 2013-10-30
10-K 2013-06-30 Filed 2013-08-15
10-Q 2012-12-31 Filed 2013-02-01
10-Q 2012-09-30 Filed 2012-10-26
10-K 2012-06-30 Filed 2012-08-15
10-Q 2012-03-31 Filed 2012-04-27
10-Q 2011-12-31 Filed 2012-02-01
10-Q 2011-09-30 Filed 2011-10-28
10-K 2011-06-30 Filed 2011-08-17
10-Q 2011-03-31 Filed 2011-04-29
10-Q 2010-12-31 Filed 2011-01-28
10-Q 2010-09-30 Filed 2010-10-29
10-K 2010-06-30 Filed 2010-08-27
10-Q 2010-03-31 Filed 2010-04-30
10-Q 2009-12-31 Filed 2010-01-29
8-K 2020-05-05 Earnings, Exhibits
8-K 2020-05-01 Enter Agreement, Off-BS Arrangement, Sale of Shares, Exhibits
8-K 2020-04-28 Enter Agreement, Earnings, Off-BS Arrangement, Sale of Shares, Exhibits
8-K 2020-03-31 Officers, Exhibits
8-K 2020-02-13 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-02-11 Other Events, Exhibits
8-K 2020-02-10 Regulation FD, Other Events, Exhibits
8-K 2020-02-10 Other Events, Exhibits
8-K 2020-01-29 Enter Agreement, Earnings, Exhibits
8-K 2019-11-22 Shareholder Vote, Other Events
8-K 2019-11-12 Officers
8-K 2019-11-05 Other Events
8-K 2019-10-30 Earnings, Exhibits
8-K 2019-10-25 Amend Bylaw, Shareholder Vote
8-K 2019-10-11
8-K 2019-09-17 Enter Agreement, Regulation FD, Exhibits
8-K 2019-08-12 Officers, Exhibits
8-K 2019-07-26 Earnings, Officers, Exhibits
8-K 2019-05-01 Earnings, Exhibits
8-K 2019-02-12 Other Events
8-K 2019-02-12 Other Events
8-K 2019-01-29 Earnings, Officers, Exhibits
8-K 2019-01-09 Officers
8-K 2019-01-07 Enter Agreement, Exhibits
8-K 2018-12-20 Officers, Exhibits
8-K 2018-11-13 Officers, Amend Bylaw, Shareholder Vote, Exhibits
8-K 2018-10-31 Earnings, Exhibits
8-K 2018-10-01 M&A, Exhibits
8-K 2018-09-23
8-K 2018-08-01 Earnings, Exhibits
8-K 2018-06-26 Amend Bylaw
8-K 2018-06-14 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-06-01 Regulation FD, Other Events, Exhibits
8-K 2018-05-29 Regulation FD, Other Events, Exhibits
8-K 2018-05-02 Earnings, Exhibits
8-K 2018-04-25 Shareholder Vote
8-K 2018-01-31 Earnings, Exhibits

Cimpress Financials

CMPR Metrics, Comps, Filings

Quarterly | Annual

Business

Cimpress is a strategically focused group of more than a dozen businesses that specialize in mass customization, via which we deliver large volumes of individually small-sized customized orders for a broad spectrum of print, signage, photo merchandise, invitations and announcements, writing instruments, packaging, apparel and other categories. Mass customization is a core element of the business model of each Cimpress business. Stan Davis, in his 1987 strategy manifesto "Future Perfect" coined the term mass customization to describe "generating an infinite variety of goods and services, uniquely tailored to customers". In 2001, Tseng & Jiao defined mass customization as "producing goods and services to meet individual customers' needs with near mass production efficiency". We discuss mass customization in more detail further below.

We have grown substantially over the past decade, from $0.5 billion of revenue in fiscal year 2009 to $2.8 billion of revenue in fiscal year 2019, and as we have grown we have achieved important benefits of scale. However, we also believe it is critical for us to "stay small as we get big". By this we mean that we need to serve customers and act and compete with focus, nimbleness and speed that is typical of smaller, entrepreneurial firms but often not typical of larger firms. This is because we face intense competition across all our businesses and we must constantly and rapidly improve the value we deliver to customers. To stay small as we get big, our strategy calls for us to pursue a deeply decentralized organizational structure which delegates responsibility, authority and resources to the CEOs and managing directors of our various businesses.

Specifically, our strategy is to invest in and build customer-focused, entrepreneurial mass customization businesses for the long term, which we manage in a decentralized, autonomous manner. We drive competitive advantage across Cimpress through a select few shared strategic capabilities that have the greatest potential to create Cimpress-wide value. We limit all other central activities to only those which absolutely must be performed centrally.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
RELX (RELX) 40,395 0% 13,999 11,640 0 0 0 0 40,395
Maximus (MMS) 5,086 23% 14.7 14% 1,746 498 2,887 671 241 338 4,970
Trinet Group (TNET) 4,652 23% 17.2 9% 2,245 1,768 3,755 870 193 235 4,050
Ritchie Bros Auctioneers (RBA) 4,292 64% 18.5 6% 2,358 1,515 1,342 864 133 245 4,530
NCR (NCR) 4,032 6% 12.2 2% 8,451 7,320 6,830 442 156 576 7,045
HealthEquity (HQY) 4,032 63% 51.5 2% 2,560 1,542 407 257 53 99 5,107
Cimpress (CMPR) 3,984 49% 13.6 7% 1,939 1,950 2,796 1,372 130 375 5,118
HMS Holdings (HMSY) 3,319 26% 19.8 9% 1,197 363 619 163 103 153 3,039
Envestnet (ENV) 2,988 52% 131.4 -1% 1,787 926 870 455 -21 22 2,916
Novanta (NOVT) 2,976 42% 46.6 4% 858 455 466 196 32 67 3,142
Energizer Holdings (ENR) 2,959 40% 16.4 1% 5,450 4,906 2,494 1,004 52 379 6,216
Deluxe (DLX) 2,117 59% -43.5 -10% 1,889 1,363 2,011 1,190 -188 -66 2,889
Multi Color (LABL) 1,019 19% 18.5 -1% 2,652 2,024 1,726 322 -29 135 2,499
ACCO Brands (ACCO) 1,001 32% 8.4 4% 2,722 1,955 1,948 625 98 223 1,877
Quad/Graphics (QUAD) 511 18% 37.6 -7% 2,468 2,227 2,952 522 -164 45 1,685
RR Donnelley & Sons (RRD) 265 19% 6.4 -0% 3,540 3,817 4,650 867 -3 316 2,026
LSC Communications (LKSD) 44 14% -8.7 -7% 1,792 1,640 2,548 347 -126 -75 652
Issuer Direct (ISDR) 40 69% 14.2 2% 30 4 12 9 1 2 24
Thomson Reuters Corp (TRI)

Balance Sheet ($MM)2010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-08-122016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash169173208237161675262596551506562476361781341049473777754504326434050444848443531
Accounts Receivable11101213132122202123222225242024263122323936373230525149586766566368706169
Inventory798889878108888712131513182021201820414547575563617875676682
PP&E2612612603792542582594232772932874872953083146133573913927674954914978414955055139235125075019574864954981,026362
Assets5004965295564695905885926206546166026396756729899841,0261,0411,3081,3441,3031,4871,4641,4561,6641,6381,6801,6961,6791,7101,6521,7011,9721,9211,8681,939
Accounts Payable12171716142322262032192323293353587246666674728777116110127121166147152159204168185183
Long-Term Debt01461262292592302382392752082074604333324195006375286776866548308608838016657868398241,0021,0111,0361,165
Liabilities951061041061093233064034214444154124324143947457587597921,0011,1681,0801,2701,2321,2441,5221,5111,5591,5281,4741,5281,4721,5281,7911,7401,6731,950
Stockholders' Equity40538942545036026828218919921020219020726027223221225623524911015815116614799847584119939482128129132-76
Income Statement ($MM)2010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-08-122016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue170234204209212309258250251348288280275371286338334440340380376496437479444577551564567769642631589826662675634
Cost of Revenue6379717578107898988114999996121101134130157126156157198197223214277268279284360319317302411343345326
Gross Profit108155133133134202169162163234189181179250185205204283214224218299239256230300282285283408323315287414319330308
R&D
SG&A7295859198151125120125163136134129155138136143177162153155179169180196207213217205246224217224252209191205
Tax14222351082-11613242357-05920-17135227145145106
Net Income1134231483204-223620411124649-41058-3317-2935-43-352331-2-6-156973420
Cash Flow ($MM)2010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-08-122016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating1974343631811019789837-095351531382362613424641010593316160-3248221710963
Cash Investing-14-9-1-10-12-200-6-15-40-30-14-15-19-32-19-236-46-19-20-131-50-29-160-26-27-227-23-2462-26-22-25-50-32-39-29
Cash Financing-1-6011-9226-20730-53-7-2333-660202-5-99806116-125139-35-71237-19-75-13862-263212-80-33