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FRSH

14.22USD-0.97(-6.39%)Market Closed

Freshworks Inc.

Market Summary

USD14.22-0.97Market Closed
-6.39%

FRSH Alerts

FRSH Stock Price

RSI Chart

Valuation

Market Cap

3.9B

Price/Earnings

-13.04

Price/Sales

9.1

Price/Cashflow

-1.5K

MarketCap/EBT

-13.63

Price/Sales

Profitability

Operating Margin

81.91%

EBT Margin

-66.75%

Return on Equity

-27.88%

Return on Assets

-21.84%

Fundamentals

Revenue

Revenue (TTM)

474.2M

Revenue Y/Y

33.27%

Revenue Q/Q

6.03%

Earnings

Earnings (TTM)

-251.4M

Earnings Y/Y

46.15%

Earnings Q/Q

17.07%

Price Action

52 Week Range

30.05
(Low)(High)

Last 7 days

-0.4%

Last 30 days

15.4%

Last 90 days

6.1%

Trailing 12 Months

-50.0%

Financial Health

Current Ratio

5.17

Investor Care

Shares Dilution (1Y)

266.24%

Diluted EPS (TTM)

10.61

Financials for Freshworks

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22021Q42021Q32021Q2
Revenue9.9%474431371402372
Gross Profit8.7%379349293265
Operating Expenses-7.8%608660498417
  S&GA Expenses-3.0%321330260226
  R&D Expenses-14.0%130151120108
Earnings Before Taxes21.3%-226.65-287.95-181.48-126.39
Net Income16.5%-251.39-300.96-191.99-118.79
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-1.1%1,3631,3781,3911,4831,488
  Current Assets-1.2%1,2691,2851,3001,4211,422
    Cash Equivalents-26.7%4325906037481,180
  Net PPE0.2%2323212121
  Goodwill0%66666
Liabilities1.5%303299279245220
  Current Liabilities1.6%252248232223201
Shareholder's Equity-1.8%1,0601,0801,1111,2381,268
  Retained Earnings-1.7%-3,447.60-3,389.75-3,320.00-3,270.94-3,196.20
  Additional Paid-In Capital0.9%4,5164,4764,4364,5104,464
Accumulated Depreciation7.4%3028252322
Shares Outstanding2.4%285278154--
Float-4,300----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-81.5%-4.85-2.6751120
  Share Based Compensation-26.0%200270220173124
Cashflow From Investing-34.1%-593.36-442.47-461.69-420.3039
Cashflow From Financing-116.1%-149.379299381,0581,062

Risks

What is the probability of a big loss on FRSH?

90.5%


Probability that Freshworks stock will be more than 20% underwater in next one year

84.1%


Probability that Freshworks stock will be more than 30% underwater in next one year.

84.1%


Probability that Freshworks stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FRSH drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Freshworks was unfortunately bought at previous high price.

Returns

Cumulative Returns on FRSH

Which funds bought or sold FRSH recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
75,000
1,066,000
-%
2022-11-21
FourThought Financial, LLC
-
-
-
37,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-1,000
-
-%
2022-11-15
CIBC Private Wealth Group, LLC
ADDED
27.09
606,000
2,992,000
0.01%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
Alphabet Inc.
UNCHANGED
-
-726,000
52,342,000
2.67%
2022-11-15
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO
UNCHANGED
-
-4,000
278,000
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
200.77
365,000
551,000
-%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
NEW
-
1,231,260
1,231,260
-%
2022-11-15
Balyasny Asset Management LLC
SOLD OFF
-100
-523,000
-
-%

1–10 of 41

Latest Funds Activity

Are funds buying FRSH calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own FRSH

Freshworks News

Benzinga

FRESHWORKS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTO.6 hours ago

GuruFocus.com

GuruFocus.com

GuruFocus.com

FRSH Fair Value

Recent SEC filings of Freshworks

View All Filings
Date Filed Form Type Document
Nov 30, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
SC 13D/A
13D - Major Acquisition
Nov 10, 2022
4
Insider Trading
Nov 04, 2022
4
Insider Trading
Nov 04, 2022
10-Q
Quarterly Report
Nov 03, 2022
4
Insider Trading

Latest Insider Trading transactions for FRSH

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-02
NELSON ZACHARY
SOLD
-317,615
15.06
-21,090
-
2022-12-02
NELSON ZACHARY
ACQUIRED
-
-
21,090
-
2022-11-30
PADGETT BARRY L.
SOLD
-93,396.2
14.2242
-6,566
-
2022-11-30
PADGETT BARRY L.
ACQUIRED
-
-
6,566
-
2022-11-15
Gottfried Randy
ACQUIRED
-
-
33,750
-
2022-11-15
Gottfried Randy
SOLD
-499,838
14.81
-33,750
-
2022-11-13
Sloat Tyler
ACQUIRED
-
-
24,683
Chief Financial Officer
2022-11-13
Sloat Tyler
SOLD FOR TAXES
-363,581
14.73
-24,683
Chief Financial Officer
2022-11-10
Taylor Jennifer H
SOLD
-65,590
14
-4,685
-
2022-11-10
Flower Johanna
ACQUIRED
-
-
4,700
-

1–10 of 50

Rathna G. Mathrubootham
4600
Freshworks Inc., a software development company, provides modern software-as-a-service products worldwide. The company offers Freshdesk Support Desk that enables businesses to delight their customers at every service engagement touchpoint across traditional channels, including email, as well as modern channels, such as messaging and social media; Freshdesk Messaging, which provides agents with a modern conversational user interface to engage with customers across web, mobile, and social messaging applications; Freshdesk Contact Center that helps agent with cloud-based telephony system to connect with customers; Freshdesk Omnichannel Suite, an integrated suite to engage and track customers across digital and traditional channels; and Freshdesk Customer Success that helps customer success managers at B2B subscription companies. It also provides Freshsales, which provides configure-price-quote functionality to create quotes and AI-driven pipeline management to help salespeople predict deals performance; Freshmarketer, a marketing automation solution to acquire, engage, and retain customers; and Freshsales Suite, an unified sales and marketing solution that allows businesses to engage and track customers, as well as Freshservice that enables organizations to use its AI-powered service management capabilities to streamline IT service delivery. In addition, the company offers Freshteam, a HR Management solution that allows businesses to manage the entire employee lifecycle, including recruiting, employee onboarding, and other HR workflows; Freshping, a solution to monitor website availability, and get alerts and status pages; Freshstatus, which allows businesses to create a custom branded website status page; and Freshworks Neo, a platform that enables customers to extend and integrate Freshworks solutions to mold their business processes. Freshworks Inc. was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc. in June 2017. The company was incorporated in 2010 and is headquartered in San Mateo, California.

FRSH Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenue$ 128,760$ 96,614$ 364,829$ 265,542
Cost of revenue24,17922,23670,61657,632
Gross profit104,58174,378294,213207,910
Operating expense:    
Research and development35,87157,087100,88591,377
Sales and marketing86,86596,785248,369188,155
General and administrative40,13360,759117,72376,785
Total operating expenses162,869214,631466,977356,317
Loss from operations(58,288)(140,253)(172,764)(148,407)
Interest and other income, net2,24922,9232,60923,428
Loss before income taxes(56,039)(117,330)(170,155)(124,979)
Provision for (benefit from) income taxes1,804(9,915)6,500(7,720)
Net loss(57,843)(107,415)(176,655)(117,259)
Decretion of redeemable convertible preferred stock0(2,264,838)0(2,646,662)
Net income (loss) available to common stockholders, basic, total(57,843)(2,372,253)(176,655)(2,763,921)
Net income (loss) available to common stockholders, diluted, total$ (57,843)$ (2,372,253)$ (176,655)$ (2,763,921)
Net loss per share attributable to Class A and Class B common stockholders - basic (in dollars per share)$ (0.20)$ (24.72)$ (0.62)$ (32.96)
Net loss per share attributable to Class A and Class B common stockholders - diluted (in dollars per share)$ (0.20)$ (24.72)$ (0.62)$ (32.96)
Weighted-average shares used in computing net loss per share attributable to common stockholders - basic (in shares)286,69795,930283,25883,860
Weighted-average shares used in computing net loss per share attributable to common stockholders - diluted (in shares)286,69795,930283,25883,860

FRSH Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 432,313$ 747,861
Marketable securities719,218575,679
Accounts receivable, net of allowance of $5,500 and $6,03056,83551,756
Deferred contract acquisition costs18,28214,640
Prepaid expenses and other current assets42,43131,440
Total current assets1,269,0791,421,376
Property and equipment, net23,38121,478
Operating lease right-of-use assets28,821 
Deferred contract acquisition costs, noncurrent17,59815,007
Intangible assets, net5791,894
Goodwill6,1816,181
Deferred tax assets5,3966,284
Other assets12,05010,592
Total assets1,363,0851,482,812
Current liabilities:  
Accounts payable3,8736,321
Accrued liabilities57,44755,829
Deferred revenue190,969160,173
Income tax payable651,023
Total current liabilities252,354223,346
Operating lease liabilities, non-current24,630 
Other liabilities26,09821,427
Total liabilities303,082244,773
Commitments and contingencies (Note 8)
Stockholders' equity:  
Preferred Stock, value00
Additional paid-in capital4,516,3864,509,724
Accumulated other comprehensive loss(8,790)(747)
Accumulated deficit(3,447,596)(3,270,941)
Total stockholders' equity1,060,0031,238,039
Total liabilities and stockholders' equity1,363,0851,482,812
Class A Common Stock  
Stockholders' equity:  
Common stock, value20
Class B Common Stock  
Stockholders' equity:  
Common stock, value$ 1$ 3