Market Summary
USD16.23+0.12
Market Closed0.74%
TOST Stock Price
TOST RSI Chart
TOST Valuation
TOST Price/Sales (Trailing)
TOST Profitability
TOST Fundamentals
TOST Revenue
TOST Earnings
Price Action
52 Week Range
13.5426.04
(Low)(High)
Last 7 days
-6.8%
Last 30 days
-19.5%
Last 90 days
-7.9%
TOST Financial Health
TOST Investor Care
Financials for Toast
| Income Statement (Last 12 Months) | ||||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 10.4% | 2,731,000,000 | 2,474,000,000 | 2,208,000,000 | 1,959,000,000 | 1,705,000,000 |
| Gross Profit | 20.0% | 511,000,000 | 426,000,000 | 358,000,000 | 334,000,000 | 314,000,000 |
| Operating Expenses | 8.2% | 895,000,000 | 827,000,000 | 729,000,000 | 657,000,000 | 542,000,000 |
| S&GA Expenses | 9.2% | 319,000,000 | 292,000,000 | 264,000,000 | 228,000,000 | 190,000,000 |
| R&D Expenses | 11.5% | 282,000,000 | 253,000,000 | 219,000,000 | 202,000,000 | 163,000,000 |
| EBITDA | -78.6% | -225,000,000 | -126,000,000 | -279,598,000 | -396,754,000 | -457,000,000 |
| EBITDA Margin | -61.8% | -0.08 | -0.05 | -0.13 | -0.20 | -0.27 |
| Earnings Before Taxes | -56.5% | -277,000,000 | -177,000,000 | -329,000,000 | -414,000,000 | -490,000,000 |
| EBT Margin | -41.8% | -0.10 | -0.07 | -0.15 | -0.21 | -0.29 |
| Interest Expenses | 12.0% | 28,000,000 | 25,000,000 | 18,000,000 | 12,000,000 | - |
| Net Income | -58.0% | -275,000,000 | -174,000,000 | -330,000,000 | -411,000,000 | -487,000,000 |
| Net Income Margin | -43.2% | -0.10 | -0.07 | -0.15 | -0.21 | -0.29 |
| Free Cahsflow | 6.0% | -172,000,000 | -183,000,000 | -128,000,000 | -48,000,000 | -10,000,000 |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 1.1% | 1,761 | 1,741 | 1,750 | 1,734 | 1,735 |
| Current Assets | 0.4% | 1,407 | 1,402 | 1,486 | 1,477 | 1,485 |
| Cash Equivalents | -1.4% | 635 | 644 | 697 | 757 | 809 |
| Inventory | 15.8% | 110 | 95.00 | 62.00 | 44.00 | 42.00 |
| Net PPE | 13.0% | 61.00 | 54.00 | 45.00 | 42.00 | 41.00 |
| Goodwill | 0% | 107 | 107 | 74.00 | 74.00 | 74.00 |
| Liabilities | 6.6% | 663 | 622 | 600 | 591 | 644 |
| Current Liabilities | 8.5% | 496 | 457 | 457 | 404 | 352 |
| LT Debt, Non Current | - | - | - | - | - | - |
| Shareholder's Equity | -1.9% | 1,098 | 1,119 | 1,150 | 1,143 | 1,091 |
| Retained Earnings | -7.8% | -1,377 | -1,277 | -1,179 | -1,125 | -1,102 |
| Additional Paid-In Capital | 3.2% | 2,477 | 2,400 | 2,334 | 2,271 | 2,194 |
| Accumulated Depreciation | - | 31.00 | - | - | - | - |
| Shares Outstanding | 0.8% | 514 | 510 | 505 | - | - |
| Float | - | 12,000 | - | - | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 7.1% | -156 | -168 | -117 | -40.00 | 2.00 |
| Share Based Compensation | 7.0% | 228 | 213 | 192 | 190 | 140 |
| Cashflow From Investing | 79.8% | -98.00 | -486 | -507 | -498 | -503 |
| Cashflow From Financing | -2.6% | 38.00 | 39.00 | 1,003 | 776 | 759 |
| Buy Backs | - | 0.00 | - | - | - | - |
Risks for TOST
What is the probability of a big loss on TOST?
70.3%
Probability that Toast stock will be more than 20% underwater in next one year
2.7%
Probability that Toast stock will be more than 30% underwater in next one year.
0%
Probability that Toast 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 TOST drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Toast was unfortunately bought at previous high price.
Drawdowns
Returns for TOST
Cumulative Returns on TOST
Which funds bought or sold TOST recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 79.00 | 10,861,000 | 22,536,000 | 0.03% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 5.8 | 18,000 | 147,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 2.66 | 184,374 | 1,905,370 | -% |
2023-02-27 | Parallax Volatility Advisers, L.P. | added | 102 | 893,906 | 1,647,910 | -% |
2023-02-22 | CVA Family Office, LLC | unchanged | - | 18.00 | 18.00 | -% |
2023-02-21 | Empowered Funds, LLC | added | 0.05 | 62,893 | 854,893 | 0.06% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | reduced | -81.82 | -5,038,560 | 1,228,440 | -% |
2023-02-21 | MACQUARIE GROUP LTD | new | - | 2,447,770 | 2,447,770 | -% |
2023-02-17 | TRUIST FINANCIAL CORP | reduced | -7.45 | -1,757 | 446,243 | -% |
2023-02-16 | HARBOUR INVESTMENTS, INC. | unchanged | - | 1,508 | 4,508 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Toast News
Schedule 13G FIlings of Toast
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | hmi capital management, l.p. | 4.5% | 15,161,652 | SC 13G/A | |
| Feb 14, 2023 | price t rowe associates inc /md/ | 8.0% | 26,766,711 | SC 13G/A | |
| Feb 14, 2023 | d1 capital partners l.p. | 0% | 0 | SC 13G/A | |
| Feb 14, 2023 | gilder gagnon howe & co llc | 0.9% | 2,943,191 | SC 13G/A | |
| Feb 14, 2023 | narang aman | 6.3% | 23,663,513 | SC 13G/A | |
| Feb 14, 2023 | grimm jonathan | 7.1% | 26,690,952 | SC 13G/A | |
| Feb 14, 2023 | fredette stephen | 8.6% | 32,632,259 | SC 13G/A | |
| Feb 14, 2023 | comparato christopher p | 3.3% | 12,126,249 | SC 13G/A | |
| Feb 14, 2023 | deer x & co. ltd. | 4.9% | 17,151,096 | SC 13G/A | |
| Feb 13, 2023 | generation investment management llp | 6.19% | 20,712,489 | SC 13G/A |
TOST Fair Value
Recent SEC filings of Toast
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 22, 2023 | 4 | Insider Trading | |
| Mar 20, 2023 | 144 | Notice of Insider Sale Intent | |
| Mar 17, 2023 | 4 | Insider Trading | |
| Mar 17, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for TOST
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-20 | Comparato Christopher P | sold | -2,152,900 | 16.696 | -128,947 | chief executive officer |
2023-03-20 | Comparato Christopher P | sold | -556,528 | 16.696 | -33,333 | chief executive officer |
2023-03-15 | Matlock James Michael | sold | -8,770 | 17.265 | -508 | principal accounting officer |
2023-03-15 | Fredette Stephen | sold | -1,948,460 | 17.273 | -112,804 | co-president |
2023-02-24 | Bessemer Venture Partners IX L.P. | acquired | - | - | 2,980,230 | - |
2023-02-24 | Bennett Richard Kent | acquired | - | - | - | - |
2023-02-24 | Bessemer Venture Partners IX L.P. | sold | - | - | -2,980,230 | - |
2023-02-24 | Bennett Richard Kent | sold | - | - | - | - |
2023-02-22 | PATRICK DEVAL L | acquired | - | - | 7,640 | - |
2023-02-21 | Comparato Christopher P | sold | -636,294 | 19.089 | -33,333 | chief executive officer |
Toast, Inc. operates a cloud-based and digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and pay from their mobile devices; Toast Flex that is used for on-counter order and pay, as well as used as a server station, guest kiosk, kitchen display system, or order fulfillment station; Toast Go, a handheld POS device that enhances the table turn times through tableside ordering and payment acceptance; and Toast Tap, a card reader. It also provides kitchen display system software that connects the front of the house with the kitchen staff; multi-location management software, which allows customers to manage and standardize their operations and configure menus; xtraCHEF that provides back-office tools; and Toast Flex for Kitchen, a larger format mountable piece of hardware that can be used as a kitchen screen. In addition, the company offers Toast Online Ordering & Toast TakeOut app, a software-based platform that provides restaurants to take off-premises orders directly through their branded website; First-Party Delivery services for restaurants to manage a fleet of drivers, and customize delivery hours, zones, fees, and minimum ticket sizes; Toast Delivery Services, which enables restaurants to utilize a partner network of delivery drivers; and Toast Delivery Partners services. Further, it provides loyalty programs and gift cards; payroll and team management products; business owner policy insurance and restaurant-specific add-ons; payment processing solutions; loans advanced to restaurants; purchase financing; reporting and analytics solutions; Toast Partner Connect that allows customers to discover, select, and connect their restaurant to its partners; and bi-directional APIs. The company was incorporated in 2011 and is headquartered in Boston, Massachusetts.
TOST Income Statement
2022-12-31CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Revenue: | |||
| Total revenue | $ 2,731 | $ 1,705 | $ 823 |
| Costs of revenue: | |||
| Amortization of acquired intangible assets | 5 | 4 | 4 |
| Total costs of revenue | 2,220 | 1,391 | 683 |
| Gross profit | 511 | 314 | 140 |
| Operating expenses: | |||
| Sales and marketing | 319 | 190 | 138 |
| Research and development | 282 | 163 | 109 |
| General and administrative | 294 | 189 | 113 |
| Total operating expenses | 895 | 542 | 360 |
| Loss from operations | (384) | (228) | (220) |
| Other income (expenses): | |||
| Interest income (expense), net | 11 | (12) | (12) |
| Change in fair value of warrant liability | 95 | (97) | (8) |
| Change in fair value of derivative liability | 0 | (103) | (7) |
| Loss on debt extinguishment | 0 | (50) | 0 |
| Other income (expense), net | 1 | 0 | (1) |
| Loss before benefit from income taxes | (277) | (490) | (248) |
| Benefit from income taxes | 2 | 3 | 0 |
| Net loss | (275) | (487) | (248) |
| Redemption of Series B Preferred Stock | 0 | 0 | (1) |
| Net loss attributable to common stockholders | $ (275) | $ (487) | $ (249) |
| Net loss per share attributable to common stockholders: | |||
| Basic (in dollars per share) | $ (0.54) | $ (1.68) | $ (1.25) |
| Diluted (in dollars per share) | $ (0.72) | $ (1.68) | $ (1.25) |
| Weighted average shares used in computing net loss per share: | |||
| Basic (in shares) | 511,754,986 | 289,584,001 | 199,982,965 |
| Diluted (in shares) | 512,243,106 | 289,584,001 | 199,982,965 |
| Subscription services | |||
| Revenue: | |||
| Total revenue | $ 324 | $ 169 | $ 101 |
| Costs of revenue: | |||
| Cost of revenue | 112 | 63 | 40 |
| Financial technology solutions | |||
| Revenue: | |||
| Total revenue | 2,268 | 1,406 | 644 |
| Costs of revenue: | |||
| Cost of revenue | 1,792 | 1,120 | 509 |
| Hardware | |||
| Revenue: | |||
| Total revenue | 113 | 112 | 64 |
| Costs of revenue: | |||
| Cost of revenue | 215 | 152 | 85 |
| Professional services | |||
| Revenue: | |||
| Total revenue | 26 | 18 | 14 |
| Costs of revenue: | |||
| Cost of revenue | $ 96 | $ 52 | $ 45 |
TOST Balance Sheet
2022-12-31CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current Assets: | ||
| Cash and cash equivalents | $ 547 | $ 809 |
| Marketable securities | 474 | 457 |
| Accounts receivable, net | 77 | 55 |
| Inventories, net | 110 | 42 |
| Deferred costs, net | 44 | 30 |
| Prepaid expenses and other current assets | 155 | 92 |
| Total current assets | 1,407 | 1,485 |
| Property and equipment, net | 61 | 41 |
| Operating lease right-of-use assets | 77 | 79 |
| Intangible assets, net | 29 | 16 |
| Goodwill | 107 | 74 |
| Restricted cash | 28 | 8 |
| Deferred costs, non-current | 38 | 25 |
| Other non-current assets | 14 | 7 |
| Total non-current assets | 354 | 250 |
| Total assets | 1,761 | 1,735 |
| Current liabilities: | ||
| Accounts payable | 30 | 40 |
| Operating lease liabilities | 14 | 22 |
| Deferred revenue | 39 | 44 |
| Accrued expenses and other current liabilities | 413 | 246 |
| Total current liabilities | 496 | 352 |
| Warrants to purchase common stock | 68 | 181 |
| Deferred revenue, non-current | 7 | 12 |
| Operating lease liabilities, non-current | 80 | 77 |
| Other long-term liabilities | 12 | 22 |
| Total liabilities | 663 | 644 |
| Commitments and Contingencies (Note 18) | ||
| Stockholders’ Equity: | ||
| Preferred stock- par value $0.000001; 100,000,000 shares authorized, no shares issued or outstanding | 0 | 0 |
| Treasury stock, at cost- 225,000 shares outstanding at December 31, 2022 and 2021, respectively | 0 | 0 |
| Accumulated other comprehensive loss | (2) | (1) |
| Additional paid-in capital | 2,477 | 2,194 |
| Accumulated deficit | (1,377) | (1,102) |
| Total stockholders’ equity | 1,098 | 1,091 |
| Total liabilities and stockholders’ equity | 1,761 | 1,735 |
| Common Class A | ||
| Stockholders’ Equity: | ||
| Common stock | 0 | 0 |
| Common Class B | ||
| Stockholders’ Equity: | ||
| Common stock | $ 0 | $ 0 |