Last 7 days
-7.1%
Last 30 days
-10.5%
Last 90 days
-2.3%
Trailing 12 Months
-15.5%
Income Statement (Last 12 Months) | ||||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2021Q4 | 2021Q3 |
Revenue | 5.0% | 497,999,000 | 474,229,333 | 431,368,000 | 371,022,000 | 402,177,000 |
Gross Profit | 6.0% | 402,227,000 | 379,295,000 | 349,092,000 | 292,992,000 | - |
Operating Expenses | 4.5% | 635,599,000 | 608,434,000 | 660,196,000 | 497,774,000 | - |
S&GA Expenses | 7.1% | 343,207,000 | 320,559,000 | 330,479,000 | 260,345,000 | - |
R&D Expenses | 4.3% | 135,543,000 | 129,915,000 | 151,131,000 | 120,407,000 | - |
EBITDA | 2.5% | -209,286,000 | -214,579,000 | -275,291,000 | -168,185,000 | - |
EBITDA Margin | 7.1% | -0.42 | -0.45 | -0.64 | -0.45 | - |
Earnings Before Taxes | 2.6% | -220,790,000 | -226,655,000 | -287,946,000 | -181,479,000 | - |
EBT Margin | 7.2% | -0.44 | -0.48 | -0.67 | -0.49 | - |
Net Income | 7.7% | -232,132,000 | -251,391,000 | -300,963,000 | -191,995,000 | - |
Net Income Margin | 12.1% | -0.47 | -0.53 | -0.70 | -0.52 | - |
Free Cahsflow | 17.1% | -9,654,000 | -11,645,000 | -8,831,000 | 5,895,000 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 1.3% | 1,380 | 1,363 | 1,378 | 1,391 | 1,483 |
Current Assets | 0.6% | 1,277 | 1,269 | 1,285 | 1,300 | 1,421 |
Cash Equivalents | -29.7% | 304 | 432 | 590 | 603 | 748 |
Net PPE | 3.2% | 24.00 | 23.00 | 23.00 | 21.00 | 21.00 |
Goodwill | 0% | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 |
Liabilities | 8.4% | 328 | 303 | 299 | 279 | 245 |
Current Liabilities | 7.7% | 272 | 252 | 248 | 232 | 223 |
Shareholder's Equity | -0.8% | 1,052 | 1,060 | 1,080 | 1,111 | 1,238 |
Retained Earnings | -1.6% | -3,503 | -3,447 | -3,389 | -3,320 | -3,270 |
Additional Paid-In Capital | 1.0% | 4,562 | 4,516 | 4,476 | 4,436 | 4,510 |
Accumulated Depreciation | 7.4% | 30.00 | 28.00 | 25.00 | 23.00 | - |
Shares Outstanding | 0.7% | 287 | 285 | 278 | - | - |
Float | - | 4,300 | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 47.9% | -2.52 | -4.85 | -2.67 | 5.00 | 11.00 |
Share Based Compensation | 3.9% | 208 | 200 | 270 | 220 | 173 |
Cashflow From Investing | 52.0% | -284 | -593 | -442 | -461 | -420 |
Cashflow From Financing | -4.7% | -156 | -149 | 929 | 938 | 1,058 |
92.3%
87.2%
87.2%
Y-axis is the maximum loss one would have experienced if Freshworks was unfortunately bought at previous high price.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -75.45 | -591,848 | 228,152 | -% |
2023-02-15 | LAZARD ASSET MANAGEMENT LLC | reduced | -43.09 | -18,000 | 31,000 | -% |
2023-02-15 | Chimera Capital Management LLC | sold off | -100 | -1,075,000 | - | -% |
2023-02-15 | State of Wyoming | added | 292 | 98,477 | 126,477 | 0.04% |
2023-02-15 | Virtu Financial LLC | sold off | -100 | -131,000 | - | -% |
2023-02-15 | JANE STREET GROUP, LLC | added | 42.76 | 341,220 | 892,220 | -% |
2023-02-15 | ALLIANCEBERNSTEIN L.P. | added | 0.82 | 6,017,190 | 47,969,200 | 0.02% |
2023-02-14 | JANUS HENDERSON GROUP PLC | added | 179 | 1,054,050 | 1,538,050 | -% |
2023-02-14 | Graham Capital Management, L.P. | new | - | 1,457,360 | 1,457,360 | 0.04% |
2023-02-14 | Alphabet Inc. | added | - | 7,021,600 | 59,363,600 | 3.45% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 21, 2023 | mathrubootham rathnagirish | 9.3% | 16,461,393 | SC 13G/A | |
Feb 15, 2023 | accel leaders fund l.p. | 2.1% | 3,493,640 | SC 13G/A | |
Feb 15, 2023 | westbridge crossover fund, llc | 10.2% | 16,512,210 | SC 13G/A | |
Feb 14, 2023 | alliancebernstein l.p. | 2.0% | 3,260,992 | SC 13G/A | |
Feb 14, 2023 | hound partners, llc | 1.3% | 2,082,484 | SC 13G/A | |
Feb 14, 2023 | gilder gagnon howe & co llc | 0% | 0 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 8.79% | 14,155,299 | SC 13G/A | |
Jan 20, 2023 | westbridge crossover fund, llc | 9.7% | 15,598,261 | SC 13G | |
Nov 14, 2022 | sc us (ttgp), ltd. | 12.0% | 21,482,653 | SC 13D/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 14, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading | |
Mar 10, 2023 | 4 | Insider Trading | |
Mar 10, 2023 | 4 | Insider Trading | |
Mar 10, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 02, 2023 | 4 | Insider Trading | |
Feb 23, 2023 | 10-K | Annual Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-14 | Epstein Stacey | acquired | - | - | 157,302 | chief marketing officer |
2023-03-14 | Epstein Stacey | sold | -2,314,410 | 14.27 | -162,187 | chief marketing officer |
2023-03-13 | Sloat Tyler | acquired | - | - | 23,244 | chief financial officer |
2023-03-13 | Sloat Tyler | sold (taxes) | -325,648 | 14.01 | -23,244 | chief financial officer |
2023-03-10 | Taylor Jennifer H | acquired | - | - | 4,685 | - |
2023-03-10 | Flower Johanna | sold | -64,424 | 13.7072 | -4,700 | - |
2023-03-10 | Epstein Stacey | acquired | - | - | 36,212 | chief marketing officer |
2023-03-10 | Epstein Stacey | sold (taxes) | -493,932 | 13.64 | -36,212 | chief marketing officer |
2023-03-10 | Taylor Jennifer H | sold | -64,330 | 13.7312 | -4,685 | - |
2023-03-10 | Flower Johanna | acquired | - | - | 4,700 | - |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Statement [Abstract] | |||
Revenue | $ 497,999 | $ 371,022 | $ 249,659 |
Cost of revenue | 95,772 | 78,030 | 52,492 |
Gross profit | 402,227 | 292,992 | 197,167 |
Operating expense: | |||
Research and development | 135,543 | 120,407 | 69,210 |
Sales and marketing | 343,207 | 260,345 | 133,277 |
General and administrative | 156,849 | 117,022 | 50,792 |
Total operating expenses | 635,599 | 497,774 | 253,279 |
Loss from operations | (233,372) | (204,782) | (56,112) |
Interest and other income, net | 12,582 | 23,303 | 2,833 |
Loss before income taxes | (220,790) | (181,479) | (53,279) |
Provision for income taxes | 11,342 | 10,516 | 4,015 |
Net loss | (232,132) | (191,995) | (57,294) |
Accretion of redeemable convertible preferred stock | 0 | (2,646,662) | (1,560,524) |
Net loss attributable to common stockholders - basic and diluted | |||
Net loss attributable to common stockholders - basic | (232,132) | (2,838,657) | (1,617,818) |
Net loss attributable to common stockholders - diluted | $ (232,132) | $ (2,838,657) | $ (1,617,818) |
Net loss attributable to common stockholders - basic and diluted | |||
Net loss per share attributable to Class A and Class B common stockholders - basic (in dollars per share) | $ (0.82) | $ (21.73) | $ (21.03) |
Net loss per share attributable to Class A and Class B common stockholders - diluted (in dollars per share) | $ (0.82) | $ (21.73) | $ (21.03) |
Weighted average shares used in computing net loss per share attributable to common stockholders - basic and diluted | |||
Weighted-average shares used in computing net loss per share attributable to common stockholders - diluted (in shares) | 284,587 | 130,652 | 76,945 |
Weighted-average shares used in computing net loss per share attributable to common stockholders - basic (in shares) | 284,587 | 130,652 | 76,945 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 304,083 | $ 747,861 |
Marketable securities | 843,405 | 575,679 |
Accounts receivable, net of allowance of $6,628 and $6,030 | 70,470 | 51,756 |
Deferred contract acquisition costs | 20,139 | 14,640 |
Prepaid expenses and other current assets | 38,913 | 31,440 |
Total current assets | 1,277,010 | 1,421,376 |
Property and equipment, net | 24,139 | 21,478 |
Operating lease right-of-use assets | 33,024 | |
Deferred contract acquisition costs, noncurrent | 19,536 | 15,007 |
Intangible assets, net | 303 | 1,894 |
Goodwill | 6,181 | 6,181 |
Deferred tax assets | 8,689 | 6,284 |
Other assets | 11,334 | 10,592 |
Total assets | 1,380,216 | 1,482,812 |
Current liabilities: | ||
Accounts payable | 5,908 | 6,321 |
Accrued liabilities | 59,008 | 55,829 |
Deferred revenue | 205,626 | 160,173 |
Income tax payable | 1,150 | 1,023 |
Total current liabilities | 271,692 | 223,346 |
Operating lease liabilities, non-current | 28,174 | |
Other liabilities | 28,532 | 21,427 |
Total liabilities | 328,398 | 244,773 |
Commitments and contingencies (Note 9) | ||
Stockholders' equity: | ||
Preferred stock, value | 0 | 0 |
Additional paid-in capital | 4,562,319 | 4,509,724 |
Accumulated other comprehensive loss | (7,431) | (747) |
Accumulated deficit | (3,503,073) | (3,270,941) |
Total stockholders' equity | 1,051,818 | 1,238,039 |
Total liabilities and stockholders' equity | 1,380,216 | 1,482,812 |
Class A Common Stock | ||
Stockholders' equity: | ||
Common stock, value | 2 | 0 |
Class B Common Stock | ||
Stockholders' equity: | ||
Common stock, value | $ 1 | $ 3 |