CloudFlare (NET) stock price, revenue, and financials

CloudFlare market cap is $8.6 b, and annual revenue was $287.02 m in FY 2019

$8.6 B

NET Mkt cap, 22-May-2020

$91.3 M

CloudFlare Revenue Q1, 2020
CloudFlare Gross profit (Q1, 2020)70.4 M
CloudFlare Gross profit margin (Q1, 2020), %77.2%
CloudFlare Net income (Q1, 2020)-32.7 M
CloudFlare EBIT (Q1, 2020)-36.1 M
CloudFlare Cash, 31-Mar-2020109.1 M
CloudFlare EV8.5 B

CloudFlare Revenue Breakdown

Embed Graph

CloudFlare revenue breakdown by business segment: 93.1% from Direct customers and 6.9% from Channel partners

CloudFlare revenue breakdown by geographic segment: 6.5% from China, 13.7% from Asia Pacific, 25.1% from Europe, Middle East, and Africa, 48.1% from United States and 6.6% from Other

CloudFlare Income Statement

Annual

USDFY, 2014EFY, 2015EFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

40.0m100.0m84.8m134.9m192.7m287.0m

Revenue growth, %

150%(15%)59%43%

Cost of goods sold

10.0m24.0m28.8m43.5m63.4m

Gross profit

30.0m60.8m106.1m149.1m223.6m

Gross profit Margin, %

75%72%79%77%78%

Sales and marketing expense

40.1m61.9m94.4m159.3m

R&D expense

23.7m33.7m54.5m90.7m

General and administrative expense

14.1m20.3m85.2m81.6m

Operating expense total

77.9m115.9m234.0m331.5m

EBIT

(17.0m)(9.7m)(84.9m)(107.9m)

EBIT margin, %

(20%)(7%)(44%)(38%)

Interest expense

654.0k862.0k992.0k

Interest income

626.0k762.0k1.9m

Investment income

5.8m

Pre tax profit

(17.3m)(9.7m)(86.1m)(104.7m)

Income tax expense

69.0k1.0m1.1m1.1m

Net Income

(17.3m)(10.7m)(87.2m)(105.8m)

CloudFlare Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019

Cash

24.4m25.1m139.0m

Accounts Receivable

11.5m25.2m33.9m

Prepaid Expenses

3.4m9.4m17.0m

Current Assets

92.0m196.7m689.9m

PP&E

51.4m73.2m101.5m

Goodwill

4.1m4.1m4.1m

Total Assets

163.1m298.4m830.8m

Accounts Payable

4.7m14.3m11.5m

Short-term debt

356.0k255.0k

Current Liabilities

27.2m61.4m83.9m

Long-term debt

10.6m10.4m

Total Debt

10.9m10.7m

Total Liabilities

41.4m80.4m105.0m

Common Stock

79.0k85.0k

Preferred Stock

181.5m331.5m

Additional Paid-in Capital

48.9m82.3m1.0b

Retained Earnings

(108.7m)(195.9m)(301.7m)

Total Equity

121.7m218.0m725.8m

Debt to Equity Ratio

0.1 x0 x

Debt to Assets Ratio

0.1 x0 x

Financial Leverage

1.3 x1.4 x1.1 x

Quarterly

USDQ2, 2019Q3, 2019Q1, 2020

Cash

42.4m501.7m109.1m

Accounts Receivable

29.9m32.2m39.8m

Prepaid Expenses

9.7m16.9m18.2m

Current Assets

166.0m695.7m647.6m

PP&E

84.6m92.5m100.2m

Goodwill

4.1m4.1m

Total Assets

286.9m839.8m858.5m

Accounts Payable

17.1m9.5m14.3m

Short-term debt

74.0k37.0k17.0m

Current Liabilities

77.5m77.1m108.3m

Long-term debt

10.5m(10.5m)33.8m

Total Debt

10.6m(10.5m)50.8m

Total Liabilities

100.8m99.4m152.2m

Common Stock

86.0k294.0k

Preferred Stock

331.5m

Additional Paid-in Capital

87.1m1.0b1.0b

Retained Earnings

(232.7m)(273.6m)(333.9m)

Total Equity

186.1m740.4m706.4m

Debt to Equity Ratio

0.1 x0 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

1.5 x1.1 x1.2 x

CloudFlare Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(17.3m)(10.7m)(87.2m)(105.8m)

Depreciation and Amortization

8.4m12.2m18.9m29.5m

Accounts Receivable

(6.7m)(2.1m)(14.8m)(11.2m)

Accounts Payable

1.2m(957.0k)4.4m(1.3m)

Cash From Operating Activities

(13.3m)3.2m(43.3m)(38.9m)

Purchases of PP&E

(15.9m)(19.0m)(25.5m)(43.3m)

Cash From Investing Activities

(15.3m)9.5m(120.8m)(417.6m)

Long-term Borrowings

(507.0k)(345.0k)(356.0k)(255.0k)

Cash From Financing Activities

418.0k(149.0k)168.6m570.8m

Net Change in Cash

(28.2m)12.6m4.5m114.2m

Interest Paid

636.0k812.0k786.0k786.0k

Income Taxes Paid

4.0k825.0k2.7m2.4m

Quarterly

USDQ2, 2018Q2, 2019Q3, 2019Q1, 2020

Net Income

(32.5m)(36.8m)(77.7m)(32.7m)

Depreciation and Amortization

8.3m13.2m20.9m10.6m

Accounts Receivable

(13.9m)5.2m(7.9m)(8.1m)

Accounts Payable

7.2m4.9m(994.0k)1.5m

Cash From Operating Activities

(17.1m)(12.6m)(30.3m)(14.3m)

Purchases of PP&E

(6.3m)(19.0m)(31.0m)(11.4m)

Cash From Investing Activities

15.6m27.8m(65.0m)(8.8m)

Short-term Borrowings

(200.0k)

Long-term Borrowings

(176.0k)(182.0k)(218.0k)(200.0k)

Cash From Financing Activities

3.2m2.0m572.3m(4.7m)

Net Change in Cash

1.7m17.3m476.9m(27.7m)

Interest Paid

428.0k289.0k573.0k34.0k

Income Taxes Paid

1.4m1.5m2.0m163.0k

CloudFlare Ratios

USDY, 2020

EV/EBIT

-236.3 x

EV/CFO

-597 x

Financial Leverage

1.2 x

CloudFlare Operating Metrics

CloudFlare's Customers was reported to be 7 m in Jan, 2018.
Mar, 2016FY, 2016Jun, 2017FY, 2017Jan, 2018Q2, 2018FY, 2018Q2, 2019Q3, 2019

Customers

6 m7 m

Data Centers

115 120

Countries

60 90 90

$100k+ Enterprise Customers

95 184 240 313 408 475

Networks

8 k

Paying Customers

35 k49.31 k56.12 k67.90 k74.87 k77.06 k

Threats Blocked per Day

44 b

CloudFlare Employee Rating

3.7117 votes
Culture & Values
3.9
Work/Life Balance
3.6
Senior Management
3.5
Salary & Benefits
3.5
Career Opportunities
3.7
Source