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Toast, Inc. Stock Research

TOST

16.23USD+0.12(+0.74%)Market Closed

Market Summary

USD16.23+0.12
Market Closed
0.74%

TOST Alerts

TOST Stock Price

TOST RSI Chart

TOST Valuation

Market Cap

8.3B

Price/Earnings (Trailing)

-30.32

Price/Sales (Trailing)

3.05

EV/EBITDA

-34.23

Price/Free Cashflow

-48.47

TOST Price/Sales (Trailing)

TOST Profitability

Operating Margin

18.71%

EBT Margin

-10.14%

Return on Equity

-25.05%

Return on Assets

-15.62%

Free Cashflow Yield

-2.06%

TOST Fundamentals

TOST Revenue

Revenue (TTM)

2.7B

Revenue Y/Y

50%

Revenue Q/Q

2.13%

TOST Earnings

Earnings (TTM)

-275.0M

Earnings Y/Y

-10.1K%

Earnings Q/Q

-2.04%

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

Current Ratio

2.84

TOST Investor Care

Shares Dilution (1Y)

114.62%

Diluted EPS (TTM)

-0.72

Financials for Toast

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue10.4%2,731,000,0002,474,000,0002,208,000,0001,959,000,0001,705,000,000
Gross Profit20.0%511,000,000426,000,000358,000,000334,000,000314,000,000
Operating Expenses8.2%895,000,000827,000,000729,000,000657,000,000542,000,000
  S&GA Expenses9.2%319,000,000292,000,000264,000,000228,000,000190,000,000
  R&D Expenses11.5%282,000,000253,000,000219,000,000202,000,000163,000,000
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 Expenses12.0%28,000,00025,000,00018,000,00012,000,000-
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 Cahsflow6.0%-172,000,000-183,000,000-128,000,000-48,000,000-10,000,000
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.1%1,7611,7411,7501,7341,735
  Current Assets0.4%1,4071,4021,4861,4771,485
    Cash Equivalents-1.4%635644697757809
  Inventory15.8%11095.0062.0044.0042.00
  Net PPE13.0%61.0054.0045.0042.0041.00
  Goodwill0%10710774.0074.0074.00
Liabilities6.6%663622600591644
  Current Liabilities8.5%496457457404352
    LT Debt, Non Current------
Shareholder's Equity-1.9%1,0981,1191,1501,1431,091
  Retained Earnings-7.8%-1,377-1,277-1,179-1,125-1,102
  Additional Paid-In Capital3.2%2,4772,4002,3342,2712,194
Accumulated Depreciation-31.00----
Shares Outstanding0.8%514510505--
Float-12,000----
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations7.1%-156-168-117-40.002.00
  Share Based Compensation7.0%228213192190140
Cashflow From Investing79.8%-98.00-486-507-498-503
Cashflow From Financing-2.6%38.0039.001,003776759
  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 ascendingFund NameType% 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
-%

1–10 of 43

Latest Funds Activity

Are funds buying TOST calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own TOST
No. of Funds

Toast News

MarketBeat

Toast, Inc. (NYSE:TOST) Given Consensus Rating of "Hold" by ....

MarketBeat,
82 minutes ago

Nasdaq

InvestorsObserver

The News Heater

ETF Trends

Schedule 13G FIlings of Toast

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Christopher P. Comparato
3170
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

2022-12-31
CONSOLIDATED 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 assets544
Total costs of revenue2,2201,391683
Gross profit511314140
Operating expenses:   
Sales and marketing319190138
Research and development282163109
General and administrative294189113
Total operating expenses895542360
Loss from operations(384)(228)(220)
Other income (expenses):   
Interest income (expense), net11(12)(12)
Change in fair value of warrant liability95(97)(8)
Change in fair value of derivative liability0(103)(7)
Loss on debt extinguishment0(50)0
Other income (expense), net10(1)
Loss before benefit from income taxes(277)(490)(248)
Benefit from income taxes230
Net loss(275)(487)(248)
Redemption of Series B Preferred Stock00(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)511,754,986289,584,001199,982,965
Diluted (in shares)512,243,106289,584,001199,982,965
Subscription services   
Revenue:   
Total revenue$ 324$ 169$ 101
Costs of revenue:   
Cost of revenue1126340
Financial technology solutions   
Revenue:   
Total revenue2,2681,406644
Costs of revenue:   
Cost of revenue1,7921,120509
Hardware   
Revenue:   
Total revenue11311264
Costs of revenue:   
Cost of revenue21515285
Professional services   
Revenue:   
Total revenue261814
Costs of revenue:   
Cost of revenue$ 96$ 52$ 45

TOST Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets:  
Cash and cash equivalents$ 547$ 809
Marketable securities474457
Accounts receivable, net7755
Inventories, net11042
Deferred costs, net4430
Prepaid expenses and other current assets15592
Total current assets1,4071,485
Property and equipment, net6141
Operating lease right-of-use assets7779
Intangible assets, net2916
Goodwill10774
Restricted cash288
Deferred costs, non-current3825
Other non-current assets147
Total non-current assets354250
Total assets1,7611,735
Current liabilities:  
Accounts payable3040
Operating lease liabilities1422
Deferred revenue3944
Accrued expenses and other current liabilities413246
Total current liabilities496352
Warrants to purchase common stock68181
Deferred revenue, non-current712
Operating lease liabilities, non-current8077
Other long-term liabilities1222
Total liabilities663644
Commitments and Contingencies (Note 18)
Stockholders’ Equity:  
Preferred stock- par value $0.000001; 100,000,000 shares authorized, no shares issued or outstanding00
Treasury stock, at cost- 225,000 shares outstanding at December 31, 2022 and 2021, respectively00
Accumulated other comprehensive loss(2)(1)
Additional paid-in capital2,4772,194
Accumulated deficit(1,377)(1,102)
Total stockholders’ equity1,0981,091
Total liabilities and stockholders’ equity1,7611,735
Common Class A  
Stockholders’ Equity:  
Common stock00
Common Class B  
Stockholders’ Equity:  
Common stock$ 0$ 0