CyberArk Software Ltd. was founded in 1999 with the vision of protecting high-value business data and pioneered our Digital Vault technology, which is the foundation of our primary platform. That same year, we began offering our first product, the Sensitive Information Management Solution (previously called the Sensitive Document Vault), which provides a secure platform through which our customers' employees can share sensitive files. We believe our early innovation in vaulting technology enabled us to evolve into a company that provides a comprehensive security solution built for privileged access management. In 2005, we introduced our Privileged Access Security Solution, which has become our leading offering and reflects our emphasis on protecting privileged access across an organization. In September 2014, we listed our ordinary shares on NASDAQ. In 2015, we acquired Viewfinity, a provider of Windows least privilege management and application control software, as well as Cybertinel, a cybersecurity company specializing in cyber threat detection technology. In May 2017, we acquired Conjur Inc., a provider of DevOps security software, and in March 2018, we acquired Vaultive, Ltd., a cloud security provider. Based on our continued innovation, today we are the leader in privileged access security, a critical layer of IT security to protect data, infrastructure and assets across the enterprise, in the cloud and throughout the DevOps pipeline.
We are a company limited by shares organized under the laws of the State of Israel. We are registered with the Israeli Registrar of Companies. Our registration number is 51-229164-2. Our principal executive offices are located at 9 Hapsagot St., Park Ofer B, POB 3143, Petach-Tikva, 4951040, Israel, and our telephone number is +972 (3) 918-0000. Our website address is www.cyberark.com. Information contained on, or that can be accessed through, our website is not part of this annual report and is not incorporated by reference herein. We have included our website address in this annual report solely for informational purposes. Our SEC filings are available to you on the SEC's website at http://www.sec.gov. This site contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC. The information on that website is not part of this annual report and is not incorporated by reference herein. Our agent for service of process in the United States is CyberArk Software, Inc., located at 60 Wells Avenue, Newton, MA 02459, and our telephone number is (617) 965-1544.
Our cash capital expenditures for fiscal years 2016, 2017 and 2018 amounted to $2.8 million, $6.8 million and $8.6 million, respectively. Capital expenditures consist primarily of investments in leasehold improvements for our office space and the purchase of furniture, computers and related equipment. We anticipate our capital expenditures in fiscal year 2019 to be in a range of $6 million to $8 million. We anticipate our capital expenditures in 2019 will be financed with cash on hand and cash provided by operating activities.
|Comps ($MM TTM)||Market Cap||Gross Margin||EV/EBITDA||Ret on Assets||Assets||Liabilities||Revenue||G Profit||Net Income||EBITDA||EV|
|Cornerstone OnDemand (CSOD)||3,314||74%||92.2||-2%||869||738||565||419||-17||34||3,096|
|CyberArk Software (CYBR)||2,742||0%||674||207||0||0||0||0||2,480|
|Altair Engineering (ALTR)||2,468||71%||109.0||-1%||717||371||335||239||-6||22||2,452|
|Tenable Holdings (TENB)||2,324||84%||-29.6||-15%||532||409||333||278||-80||-73||2,152|
|Ellie Mae (ELLI)||2,251||58%||39.6||3%||912||108||482||280||24||52||2,070|
|Commvault Systems (CVLT)||2,013||82%||118.3||-0%||802||430||695||573||-3||14||1,636|
|Varonis Systems (VRNS)||1,891||86%||-30.4||-22%||298||200||182||156||-64||-60||1,838|
|Balance Sheet ($MM)||2015-12-31||2016-12-31||2017-12-31||2018-12-31|
|Income Statement ($MM)||2015-12-31||2016-12-31||2017-12-31||2018-12-31|
|Cost of Revenue|
|Cash Flow ($MM)||2015-12-31||2016-12-31||2017-12-31||2018-12-31|