ePlus is a leading consultative technology solutions provider that helps customers imagine, implement, and achieve more from their technology. With the highest certifications from top technology partners and lifecycle services expertise across key areas including security, cloud, data center, collaboration, networking and emerging technologies, ePlus transforms IT from a cost center to a business enabler. Founded in 1990, ePlus has more than 1,400 associates serving a diverse set of customers in the U.S., Europe, and Asia-Pac. The Company is headquartered at 13595 Dulles Technology Drive, Herndon, VA, 20171.

Company profile
Ticker
PLUS
Exchange
Website
CEO
Mark Marron
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MLC HOLDINGS INC
SEC CIK
Corporate docs
Subsidiaries
ePlus Technology Canada, inc. • ePlus Canada Company ...
IRS number
541817218
PLUS stock data
Press releases
ePlus Reports First Quarter Financial Results
3 Aug 22
ePlus Announces Microsoft Azure Cloud Managed Services General Availability
28 Jul 22
ePlus Announces First Quarter Fiscal Year 2023 Earnings Release Date and Conference Call
27 Jul 22
ePlus Acquires Future Com
18 Jul 22
ePlus Awarded North America Channel Services Delivery Excellence Partner of the Year and Server Excellence Partner of the Year
7 Jun 22
Calendar
3 Aug 22
18 Aug 22
31 Mar 23
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Annual (USD) | Mar 22 | Mar 21 | Mar 20 | Mar 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 83.49M | 83.49M | 83.49M | 83.49M | 83.49M | 83.49M |
Cash burn (monthly) | 23.96M | 862.67K | (no burn) | (no burn) | 34.31M | 4.86M |
Cash used (since last report) | 39.5M | 1.42M | n/a | n/a | 56.57M | 8.02M |
Cash remaining | 43.98M | 82.07M | n/a | n/a | 26.92M | 75.47M |
Runway (months of cash) | 1.8 | 95.1 | n/a | n/a | 0.8 | 15.5 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jul 22 | Bowen Bruce M | Common Stock | Grant | Acquire A | No | No | 0 | 408 | 0 | 4,278 |
1 Jul 22 | Hovde Eric D | Common Stock | Grant | Acquire A | No | No | 0 | 408 | 0 | 52,348 |
16 Jun 22 | Marion Elaine D | Common Stock | Payment of exercise | Dispose F | No | No | 56.75 | 4,390 | 249.13K | 67,984 |
16 Jun 22 | Marron Mark P | Common Stock | Payment of exercise | Dispose F | No | No | 56.75 | 7,526 | 427.1K | 111,790 |
16 Jun 22 | Raiguel Darren S | Common Stock | Payment of exercise | Dispose F | No | No | 56.75 | 4,390 | 249.13K | 67,984 |
15 Jun 22 | Marion Elaine D | Common Stock | Payment of exercise | Dispose F | No | No | 55.51 | 2,636 | 146.32K | 72,374 |
15 Jun 22 | Marron Mark P | Common Stock | Payment of exercise | Dispose F | No | No | 55.51 | 6,313 | 350.43K | 119,316 |
15 Jun 22 | Raiguel Darren S | Common Stock | Payment of exercise | Dispose F | No | No | 55.51 | 2,636 | 146.32K | 72,374 |
Institutional ownership, Q2 2022
93.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 179 |
Opened positions | 21 |
Closed positions | 23 |
Increased positions | 54 |
Reduced positions | 76 |
13F shares | Current |
---|---|
Total value | 1.34B |
Total shares | 25.24M |
Total puts | 0 |
Total calls | 600 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 5.06M | $268.92M |
Vanguard | 2.02M | $107.37M |
River Road Asset Management | 1.85M | $98.28M |
Dimensional Fund Advisors | 1.4M | $74.23M |
Geneva Capital Management | 1.32M | $70.29M |
STT State Street | 992.24K | $52.71M |
Wellington Management | 957.05K | $50.84M |
AltraVue Capital | 816.64K | $43.38M |
WCM Investment Management | 792.27K | $41.86M |
Atlanta Capital Management Co L L C | 643.85K | $34.2M |
Financial report summary
?Management Discussion
- Net sales: Net sales for the year ended March 31, 2022, increased by $225.1 million, or 14.9%, to $1,733.0 million due to an increase in net sales to our customers in telecom, media and entertainment, healthcare, and smaller other categories of customers, which were offset by a decrease in net sales to customers in the financial services sector. Product sales increased 14.3%, or $186.6 million, to $1,492.4 million and services revenues increased 19.0%, or $38.5 million, to $240.6 million due to an increase in professional services for the year ended March 31, 2022, as compared to the prior year.
- Adjusted gross billings increased to $2,620.6 million, or 15.8%, from $2,263.9 million in the prior year. The increase in Adjusted gross billings was due to an increase in organic demand from our customers in the telecom, media and entertainment, healthcare, and smaller other categories of customers, and our acquisition of Systems Management and Planning, Inc. (“SMP”) in December 2020.
- We analyze sales by customer end market and by manufacturer. The percentage of net sales by customer end market and by vendor are summarized below:
Content analysis
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Readability |
H.S. sophomore Good
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New words:
attain, bolstering, complexity, consuming, COVID, cyber, cybersecurity, deployment, digital, dollar, facing, fueling, growing, immunization, incomplete, legacy, lengthen, past, practice, preliminary, privacy, remotely, resale, small, statutory, technical, transformation, twelve, unrest
Removed:
achieved, acquiree, actively, adjust, adjusting, adjustment, allocation, assembled, assumed, attributable, border, collaborative, collect, committed, concert, configuration, continually, continuity, country, customary, decision, deductible, delayed, depend, determine, disposition, distancing, distributed, documentation, enterprise, escrow, execute, extent, footprint, forward, globe, guidance, headcount, health, impacted, implemented, imposing, Indian, inoculated, insignificant, interrupted, largest, leaving, leverage, life, Likewise, line, logistical, maximize, medical, mine, monetize, mutual, nationwide, negatively, Northeast, page, people, phase, physical, positive, predict, pressure, procedure, proportion, rapidly, received, recession, relation, relationship, released, reliably, requiring, responsive, resulted, returning, review, safety, scope, separate, shift, smaller, SMP, social, society, solution, succession, sum, supporting, team, unprecedented, unpredictable, upkeep, upstate, variability, varying, video, virtual, voluntary, widespread, withheld, workforce, York
Financial reports
Current reports
8-K
Results of Operations and Financial Condition
8 Aug 22
8-K
Departure of Directors or Certain Officers
8 Jun 22
8-K
Results of Operations and Financial Condition
31 May 22
8-K
Other Events
24 Mar 22
8-K
Amendments to Articles of Incorporation or Bylaws
3 Mar 22
8-K
Amendments to Articles of Incorporation or Bylaws
23 Feb 22
8-K
Results of Operations and Financial Condition
8 Feb 22
8-K
Results of Operations and Financial Condition
14 Nov 21
8-K
Increase to $375 Million Enhances ePlus’ Working Capital Financing Capacity
19 Oct 21
8-K
Departure of Directors or Certain Officers
22 Sep 21
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Dec 21
S-8
Registration of securities for employees
1 Dec 21
S-8 POS
Registration of securities for employees (post-effective amendment)
12 Oct 18
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Sep 17
S-8
Registration of securities for employees
24 Sep 17
424B4
Prospectus supplement with pricing info
30 Apr 14
FWP
Free writing prospectus
29 Apr 14
424B7
Prospectus with selling stockholder info
20 Apr 14
FWP
Free writing prospectus
20 Apr 14
S-3/A
Shelf registration (amended)
11 Feb 14
Proxies
DEFA14A
Additional proxy soliciting materials
22 Jul 22
PRE 14A
Preliminary proxy
27 Sep 21
DEFA14A
Additional proxy soliciting materials
7 Sep 21
DEFA14A
Additional proxy soliciting materials
23 Jul 21
DEFA14A
Additional proxy soliciting materials
24 Jul 20
DEF 14A
Definitive proxy
24 Jul 20
DEFA14A
Additional proxy soliciting materials
26 Jul 19
Other
UPLOAD
Letter from SEC
20 Feb 20
CORRESP
Correspondence with SEC
18 Feb 20
UPLOAD
Letter from SEC
4 Feb 20
UPLOAD
Letter from SEC
9 May 16
CORRESP
Correspondence with SEC
1 May 16
UPLOAD
Letter from SEC
18 Apr 16
CORRESP
Correspondence with SEC
28 Mar 16
CORRESP
Correspondence with SEC
13 Mar 16
UPLOAD
Letter from SEC
29 Feb 16
EFFECT
Notice of effectiveness
13 Feb 14
Ownership
4
EPLUS / ERIC D HOVDE ownership change
6 Jul 22
4
EPLUS / BRUCE M BOWEN ownership change
6 Jul 22
4
EPLUS / ERIC D HOVDE ownership change
17 Jun 22
4
EPLUS / DARREN S RAIGUEL ownership change
16 Jun 22
4
EPLUS / MARK P MARRON ownership change
16 Jun 22
4
EPLUS / Elaine D Marion ownership change
16 Jun 22
4
EPLUS / DARREN S RAIGUEL ownership change
13 Jun 22
4
EPLUS / MARK P MARRON ownership change
13 Jun 22
4
EPLUS / Elaine D Marion ownership change
13 Jun 22
4
EPLUS / MARK P MARRON ownership change
10 Jun 22
Transcripts
2023 Q1
Earnings call transcript
4 Aug 22
2022 Q4
Earnings call transcript
25 May 22
2022 Q3
Earnings call transcript
4 Feb 22
2022 Q2
Earnings call transcript
10 Nov 21
2022 Q1
Earnings call transcript
7 Aug 21
2021 Q4
Earnings call transcript
21 May 21
2021 Q3
Earnings call transcript
4 Feb 21
2021 Q2
Earnings call transcript
5 Nov 20
2021 Q1
Earnings call transcript
8 Aug 20
2020 Q4
Earnings call transcript
21 May 20
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