Sector: Healthcare | Industry: Advanced Medical Equipment & Technology |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 4280 Hacienda Drive PLEASANTON CA 94588 |
Tel: | 1-267-4605839 |
Website: | https://www.veeva.com/medtech |
IR: | See website |
Key People | ||
Thomas D. Schwenger President and Chief Customer Officer | E. Nitsa Zuppas President and Chief of Staff | Peter P. Gassner Chief Executive Officer, Director |
Timothy S. Cabral Interim Chief Financial Officer, Director | Jonathan W. Faddis Senior Vice President, General Counsel, Corporate Secretary | Kristine B. Diamond Principal Accounting Officer | Stacey Epstein Chief Marketing Officer |
Business Overview |
Veeva Systems Inc. is a provider of cloud solutions for the global life sciences industry. The Company offers span cloud software, data, and business consulting and is designed to meet the needs of its customers and their strategic business functions from research and development (R&D) through commercialization. The Company's three product categories: Veeva Development Cloud, Veeva Commercial Cloud, and Veeva Data Cloud. Veeva Development Cloud includes application suites for the clinical, regulatory, and safety functions of life sciences companies, all built on its Veeva Vault platform. Veeva Vault Clinical advances clinical trial execution by providing a complete and connected technology ecosystem. Veeva Commercial Cloud is a product category comprised of software and analytics solutions. Its software offerings include Veeva CRM, Veeva Vault PromoMats, Veeva Vault Medical, and Veeva Crossix. Its data offerings include Veeva OpenData, Veeva Link, and Veeva Compass. |
Financial Overview |
For the fiscal year ended 31 January 2024, Veeva Systems Inc revenues increased 10% to $2.36B. Net income increased 8% to $525.7M. Revenues reflect Subscription services- R&D Solutions segment increase of 15% to $905.8M, Subscription services- Commercial Solutions segment increase of 5% to $995.8M, North America segment increase of 11% to $1.39B, Europe segment increase of 11% to $662.6M. |
Employees: | 7,172 as of Jan 31, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $28,859M as of Jan 31, 2024 |
Annual revenue (TTM): | $2,364M as of Jan 31, 2024 |
EBITDA (TTM): | $461.96M as of Jan 31, 2024 |
Net annual income (TTM): | $525.71M as of Jan 31, 2024 |
Free cash flow (TTM): | $885.14M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 161,381,384 as of Mar 29, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |