Okta market cap is $24 b, and annual revenue was $586.07 m in FY 2020

Okta Revenue growth (FY, 2019 - FY, 2020), %47%

Okta Gross profit (FY, 2020)426.7 M

Okta Gross profit margin (FY, 2020), %72.8%

Okta Net income (FY, 2020)-208.9 M

Okta EBIT (FY, 2020)-185.8 M

Okta Cash, 31-Jan-2020520 M

Okta EV24.6 B

Okta revenue was $586.07 m in FY, 2020 which is a 46.8% year over year increase from the previous period.

Okta revenue breakdown by business segment: 5.7% from Professional Services and Other and 94.3% from Subscription

Okta revenue breakdown by geographic segment: 15.6% from International and 84.4% from United States

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Revenue | 160.3m | 260.0m | 399.3m | 586.1m |

| 87% | 62% | 54% | 47% |

## Cost of goods sold | 55.9m | 80.8m | 113.4m | 159.4m |

## Gross profit | 104.4m | 179.2m | 285.8m | 426.7m |

| 65% | 69% | 72% | 73% |

## Sales and marketing expense | 118.7m | 173.0m | 228.0m | 340.4m |

## R&D expense | 38.7m | 70.8m | 102.4m | 159.3m |

## General and administrative expense | 30.1m | 51.8m | 75.1m | 112.9m |

## Operating expense total | 187.5m | 295.6m | 405.5m | 612.5m |

## EBIT | (83.1m) | (116.4m) | (119.6m) | (185.8m) |

| (52%) | (45%) | (30%) | (32%) |

## Interest expense | 15.1m | 27.0m | ||

## Pre tax profit | (83.1m) | (114.7m) | (125.5m) | (210.3m) |

## Income tax expense | 425.0k | (321.0k) | (17.0k) | (1.4m) |

## Net Income | (83.5m) | (114.4m) | (125.5m) | (208.9m) |

## EPS | (4.4) | (1.4) | (1.2) | (1.8) |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 53.0m | 61.0m | 68.2m | 83.6m | 94.6m | 105.6m | 125.2m | 140.5m | 153.0m |

## Cost of goods sold | 17.5m | 19.7m | 21.1m | 24.1m | 28.2m | 29.7m | 35.1m | 38.8m | 40.8m |

## Gross profit | 35.5m | 41.3m | 47.1m | 59.5m | 66.4m | 75.9m | 90.1m | 101.7m | 112.2m |

| 67% | 68% | 69% | 71% | 70% | 72% | 72% | 72% | 73% |

## Sales and marketing expense | 37.2m | 39.6m | 49.6m | 49.5m | 59.0m | 56.9m | 82.1m | 78.4m | 87.2m |

## R&D expense | 15.4m | 16.9m | 19.2m | 19.9m | 24.8m | 27.6m | 34.0m | 40.0m | 41.8m |

## General and administrative expense | 11.6m | 11.9m | 13.5m | 15.1m | 21.0m | 19.8m | 25.8m | 26.9m | 28.9m |

## Operating expense total | 64.2m | 68.5m | 82.3m | 84.5m | 104.8m | 104.4m | 141.9m | 145.3m | 157.9m |

## EBIT | (28.6m) | (27.2m) | (35.2m) | (25.0m) | (38.4m) | (28.5m) | (51.8m) | (43.6m) | (45.7m) |

| (54%) | (45%) | (52%) | (30%) | (41%) | (27%) | (41%) | (31%) | (30%) |

## Interest expense | 4.2m | 4.3m | 7.8m | ||||||

## Pre tax profit | (28.7m) | (26.8m) | (34.7m) | (26.2m) | (40.2m) | (30.2m) | (53.1m) | (44.5m) | (63.1m) |

## Income tax expense | 248.0k | 229.0k | (940.0k) | (231.0k) | (985.0k) | (667.0k) | (1.2m) | (1.5m) | 349.0k |

## Net Income | (28.9m) | (27.0m) | (33.8m) | (26.0m) | (39.2m) | (29.5m) | (52.0m) | (43.0m) | (63.5m) |

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Cash | 23.3m | 127.9m | 298.4m | 520.0m |

## Accounts Receivable | 34.5m | 52.2m | 91.9m | 130.1m |

## Prepaid Expenses | 7.0m | 17.0m | 29.5m | 33.0m |

## Current Assets | 92.8m | 315.4m | 709.3m | 1.6b |

## PP&E | 11.0m | 12.5m | 52.9m | 53.5m |

## Goodwill | 2.6m | 6.3m | 18.1m | 48.0m |

## Total Assets | 130.6m | 367.4m | 864.3m | 2.0b |

## Accounts Payable | 15.9m | 9.6m | 17.2m | 3.8m |

## Short-term debt | 271.6m | 100.7m | ||

## Current Liabilities | 134.5m | 190.8m | 564.2m | 547.0m |

## Long-term debt | 991.5m | |||

## Total Debt | 271.6m | 1.1b | ||

## Total Liabilities | 146.3m | 203.8m | 612.0m | 1.6b |

## Common Stock | 2.0k | 10.0k | 11.0k | 12.0k |

## Additional Paid-in Capital | 44.5m | 565.7m | 744.9m | 1.1b |

## Retained Earnings | (287.9m) | (402.5m) | (492.2m) | (701.1m) |

## Total Equity | (243.6m) | 163.6m | 252.4m | 405.3m |

## Debt to Equity Ratio | 1.1 x | 2.7 x | ||

## Debt to Assets Ratio | 0.3 x | 0.6 x | ||

## Financial Leverage | -0.5 x | 2.2 x | 3.4 x | 4.8 x |

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Net Income | (83.5m) | (114.4m) | (125.5m) | (208.9m) |

## Depreciation and Amortization | 4.6m | 7.0m | 8.0m | 17.8m |

## Accounts Receivable | (12.0m) | (18.3m) | (39.7m) | (37.5m) |

## Accounts Payable | 1.5m | 3.5m | 675.0k | 1.7m |

## Cash From Operating Activities | (42.1m) | (25.2m) | 15.2m | 55.6m |

## Purchases of PP&E | (6.3m) | (6.5m) | (19.8m) | (15.4m) |

## Cash From Investing Activities | 7.0m | (99.7m) | (197.3m) | (688.0m) |

## Long-term Borrowings | (224.4m) | |||

## Cash From Financing Activities | 457.0k | 237.4m | 357.8m | 853.4m |

## Net Change in Cash | (34.8m) | 113.0m | 175.0m | 220.7m |

## Interest Paid | 19.0k | 403.0k | 862.0k | |

## Income Taxes Paid | 747.0k | 514.0k | 1.1m |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | (28.9m) | (55.9m) | (89.7m) | (26.0m) | (65.2m) | (94.7m) | (52.0m) | (94.9m) | (158.4m) |

## Depreciation and Amortization | 1.6m | 3.3m | 5.1m | 2.1m | 3.7m | 5.8m | 3.4m | 7.9m | 12.3m |

## Accounts Receivable | 2.2m | (1.3m) | (12.7m) | 1.7m | (7.2m) | (17.5m) | 9.3m | 4.5m | (9.4m) |

## Accounts Payable | 3.8m | 1.2m | 6.3m | 2.3m | 2.6m | 1.4m | 1.6m | 1.4m | 2.0m |

## Cash From Operating Activities | (9.7m) | (15.9m) | (25.4m) | 4.0m | (1.4m) | 5.1m | 21.3m | 20.1m | 30.8m |

## Purchases of PP&E | (2.4m) | (86.8m) | (95.3m) | (4.5m) | (9.8m) | (14.3m) | (7.7m) | (9.9m) | (10.0m) |

## Cash From Investing Activities | 8.2m | (80.3m) | (81.5m) | (238.9m) | (267.7m) | (278.2m) | (125.6m) | (148.0m) | (125.1m) |

## Long-term Borrowings | (224.4m) | ||||||||

## Cash From Financing Activities | 200.1m | 199.6m | 221.4m | 319.4m | 334.9m | 342.4m | 13.3m | 36.3m | 834.7m |

## Net Change in Cash | 198.7m | 103.5m | 114.6m | 84.1m | 65.2m | 68.2m | (91.4m) | (92.7m) | 740.2m |

## Interest Paid | 431.0k | 862.0k | |||||||

## Income Taxes Paid | 654.0k | 845.0k |

USD | Y, 2020 |
---|---|

## EV/EBIT | -132.2 x |

## EV/CFO | 441.8 x |

## Revenue/Employee | 290.2k |

## Debt/Equity | 2.7 x |

## Debt/Assets | 0.6 x |

## Financial Leverage | 4.8 x |

## P/E Ratio | (108.1) |

Okta's Enterprise Customers was reported to be 8 k in FY, 2020.

FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Enterprise Customers | 3.11 k | 3.35 k | 3.65 k | 3.95 k | 4.35 k | 4.70 k | 5.15 k | 5.60 k | 6.10 k | 6.55 k | 7 k | 7.40 k | 7.95 k |

## $100k+ Enterprise Customers | 443 | 493 | 539 | 603 | 691 | 747 | 837 | 937 | 1.04 k | 1.14 k | 1.22 k | 1.33 k | 1.47 k |

## Calculated Billings | $194.52 m | $59.93 m | $131.61 m | $210.17 m | $314.93 m | $95.93 m | $109.39 m | $124.04 m | $488.22 m | $147.20 m | $155.76 m | $175.58 m | $703.56 m |

## Retention Rate | 123% | 123% | 123% | 123% | 121% | 121% | 121% | 120% | 120% | 119% | 118% | 117% | 119% |

## Integrations | 5 k | 5 k | 5 k | 5 k | 5.50 k | 5.50 k | 5.50 k | 5.50 k | 6 k | 6 k | 6 k | 6.50 k | 6.50 k |

## Remaining Performance Obligations | $499.10 m | $543.90 m | $614.40 m | $728.90 m | $792 m | $913.60 m | $1.03 b | $1.21 b | |||||

## Twelve-Month Remaining Performance Obligations | $385.60 m | $416 m | $461.10 m | $519.90 m | $592.31 m |

Y, 2017 | |
---|---|

Hispanic, percent | 7 % |

White, percent | 61 % |

Asian, percent | 26 % |

Other | 6 % |

- Source: www.deartechpeople.com