Slack market cap is $26.5 b, and annual revenue was $902.61 m in FY 2021

Slack Gross profit (Q1, 2022)234.1 M

Slack Gross profit margin (Q1, 2022), %85.6%

Slack Net income (Q1, 2022)-27.9 M

Slack EBIT (Q1, 2022)-55.3 M

Slack Cash, 30-Apr-20211.3 B

Slack EV26.1 B

Slack revenue was $902.61 m in FY, 2021

Slack revenue breakdown by geographic segment: 37.4% from International and 62.6% from United States

USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|---|

## Revenue | 220.5m | 400.6m | 630.4m | 902.6m |

| 110% | 82% | 57% | |

## Cost of goods sold | 26.4m | 51.3m | 97.2m | 121.7m |

## Gross profit | 194.2m | 349.3m | 533.2m | 780.9m |

| 88% | 87% | 85% | 87% |

## Sales and marketing expense | 140.2m | 233.2m | 402.8m | 460.7m |

## R&D expense | 141.4m | 157.5m | 457.4m | 382.1m |

## General and administrative expense | 56.5m | 112.7m | 261.4m | 221.1m |

## Operating expense total | 338.0m | 503.5m | 1.1b | 1.1b |

## EBIT | (143.9m) | (154.2m) | (588.3m) | (283.1m) |

| (65%) | (38%) | (93%) | (31%) |

## Interest income | 16.2m | 28.4m | ||

## Pre tax profit | (139.3m) | (138.9m) | (567.8m) | (292.8m) |

## Income tax expense | 793.0k | 840.0k | 589.0k | (315.0k) |

## Net Income | (140.1m) | (138.9m) | (568.4m) | (292.5m) |

## EPS | (1.5) | (1.2) | (1.4) |

USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|---|

## Cash | 120.5m | 180.8m | 499.0m | 1.1b |

## Accounts Receivable | 37.2m | 87.4m | 145.8m | 237.4m |

## Prepaid Expenses | 59.7m | |||

## Current Assets | 611.9m | 982.7m | 970.4m | 1.9b |

## PP&E | 43.0m | 88.4m | 102.3m | 87.9m |

## Goodwill | 8.7m | 48.6m | 48.6m | 76.2m |

## Total Assets | 697.8m | 1.2b | 1.4b | 2.4b |

## Accounts Payable | 7.1m | 16.6m | 16.9m | 13.1m |

## Short-term debt | 30.5m | 34.9m | ||

## Current Liabilities | 171.7m | 332.4m | 519.9m | 697.1m |

## Long-term debt | 196.4m | 876.7m | ||

## Total Debt | 226.8m | 911.6m | ||

## Total Liabilities | 178.5m | 357.4m | 717.8m | 1.6b |

## Common Stock | 12.0k | 13.0k | 56.0k | 58.0k |

## Preferred Stock | 965.2m | 1.4b | ||

## Additional Paid-in Capital | 71.9m | 105.6m | 1.9b | 2.4b |

## Retained Earnings | (524.9m) | (665.7m) | (1.2b) | (1.5b) |

## Total Equity | 519.3m | 841.6m | 723.9m | 857.4m |

## Debt to Equity Ratio | 0.3 x | |||

## Debt to Assets Ratio | 0.2 x | |||

## Financial Leverage | 1.3 x | 1.4 x | 2 x | 2.8 x |

USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|

## Cash | 256.5m | 498.3m | 476.5m | 1.2b | 1.3b | 1.1b | 1.3b |

## Accounts Receivable | 71.6m | 72.5m | 85.0m | 105.8m | 112.0m | 122.8m | 141.5m |

## Prepaid Expenses | 58.3m | 59.5m | 58.4m | ||||

## Current Assets | 924.3m | 918.2m | 917.9m | 1.7b | 1.7b | 1.8b | 1.8b |

## PP&E | 94.9m | 107.5m | 109.8m | 101.7m | 98.7m | 93.5m | 82.1m |

## Goodwill | 48.6m | 48.6m | 48.6m | 48.6m | 76.2m | ||

## Total Assets | 1.2b | 1.2b | 1.2b | 2.2b | 2.2b | 2.3b | 2.4b |

## Accounts Payable | 10.4m | 8.5m | 11.2m | 13.0m | 12.8m | 20.2m | 15.1m |

## Short-term debt | 30.5m | 30.7m | 33.0m | 36.0m | |||

## Current Liabilities | 324.4m | 402.3m | 405.5m | 507.1m | 518.1m | 559.8m | 649.4m |

## Long-term debt | 809.7m | 815.5m | 871.9m | 881.7m | |||

## Total Debt | 840.2m | 846.2m | 904.9m | 917.7m | |||

## Total Liabilities | 350.3m | 425.9m | 437.6m | 1.3b | 1.3b | 1.4b | 1.5b |

## Common Stock | 13.0k | 54.0k | 55.0k | 56.0k | 57.0k | 58.0k | 59.0k |

## Preferred Stock | 1.4b | ||||||

## Additional Paid-in Capital | 112.3m | 1.8b | 1.9b | 2.1b | 2.2b | 2.3b | 2.5b |

## Retained Earnings | (698.9m) | (1.1b) | (1.1b) | (1.3b) | (1.4b) | (1.5b) | (1.6b) |

## Total Equity | 816.8m | 749.8m | 747.2m | 840.7m | 866.7m | 877.0m | 888.9m |

## Debt to Equity Ratio | 1 x | ||||||

## Debt to Assets Ratio | 0.4 x | ||||||

## Financial Leverage | 1.4 x | 1.6 x | 1.6 x | 2.6 x | 2.5 x | 2.6 x | 2.7 x |

USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|---|

## Net Income | (140.1m) | (138.9m) | (568.4m) | (292.5m) |

## Depreciation and Amortization | 14.3m | 16.8m | 27.1m | 28.8m |

## Accounts Receivable | (22.0m) | (50.3m) | (58.2m) | (92.4m) |

## Accounts Payable | 4.9m | 2.8m | 6.7m | (3.4m) |

## Cash From Operating Activities | (35.6m) | (41.1m) | (12.4m) | 72.4m |

## Purchases of PP&E | (22.0m) | (56.2m) | (49.6m) | (10.2m) |

## Cash From Investing Activities | (240.4m) | (333.4m) | 330.1m | (263.1m) |

## Dividends Paid | (1.4m) | (375.0k) | ||

## Cash From Financing Activities | 297.0m | 437.7m | 18.5m | 773.0m |

## Net Change in Cash | 21.0m | 63.2m | 336.2m | 582.4m |

## Interest Paid | 2.2m | |||

## Income Taxes Paid | 947.0k | 876.0k | 2.3m | 3.0m |

USD | Q1, 2018 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|---|

## Net Income | (24.9m) | (31.9m) | (391.5m) | (479.3m) | (74.4m) | (147.6m) | (211.2m) | (27.9m) |

## Depreciation and Amortization | 2.8m | 5.9m | 12.7m | 20.4m | 6.7m | 13.6m | 21.2m | 7.5m |

## Accounts Receivable | (88.0k) | 15.6m | 15.3m | 2.9m | 39.5m | 33.5m | 22.6m | 95.6m |

## Accounts Payable | 1.6m | (1.0m) | (1.4m) | 1.0m | (3.7m) | (4.0m) | 3.6m | 2.0m |

## Cash From Operating Activities | 3.4m | (14.1m) | (13.8m) | (22.9m) | 8.7m | 23.2m | 56.7m | 62.8m |

## Purchases of PP&E | (18.4m) | 105.5m | (28.3m) | (38.3m) | (5.0m) | (8.7m) | (9.7m) | (50.0k) |

## Cash From Investing Activities | (38.6m) | 105.5m | 344.6m | 320.7m | (35.5m) | 42.9m | (226.2m) | 190.2m |

## Dividends Paid | (1.4m) | |||||||

## Cash From Financing Activities | 758.0k | 2.4m | 4.7m | 15.9m | 756.0m | 751.3m | 770.3m | (1.7m) |

## Net Change in Cash | (34.4m) | 93.7m | 335.5m | 313.7m | 729.2m | 817.4m | 600.8m | 251.3m |

## Interest Paid | 2.2m | 2.2m | ||||||

## Income Taxes Paid | 136.0k | 346.0k | 455.0k | 1.2m | 990.0k | 1.9m | 2.5m | 494.0k |

USD | FY, 2018 |
---|---|

## Financial Leverage | 1.3 x |

Slack's Daily Active Users was reported to be 12.5 m in Mar, 2020. Slack's Enterprise Customers was reported to be 750 k in Q1, 2021.

FY, 2018 | Feb, 2018 | May, 2018 | Jan, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Sep, 2019 | Q3, 2020 | FY, 2020 | Mar, 2020 | Q1, 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|

## Enterprise Customers | 500 k | 600 k | 600 k | 600 k | 660 k | 750 k | ||||||

## Paid Customers | 59 k | 50 k | 70 k | 88 k | 95 k | 100 k | 105 k | 110 k | 110 k | 122 k | ||

## $100k+ Enterprise Customers | 298 | 575 | 645 | 720 | 821 | 893 | 963 | |||||

## Daily Active Users | 8 m | 10 m | 10 m | 10 m | 12 m | 12.5 m | ||||||

## App Directory | 1.5 k | 1.5 k | 1.8 k | 1.8 k | 2 k | 2 k | 2.2 k | |||||

## Third-Party Applications Created | 200 k | 450 k | 500 k | 500 k | 600 k | 550 k | 620 k | 650 k | ||||

## Retention Rate | 152% | 143% | 138% | 136% | 134% | 132% | 132% | |||||

## Calculated Billings | $289.01 m | $516.97 m | $149.44 m | $174.81 m | $186.13 m | $765.26 m | $206.01 m | |||||

## Average Daily Time Spent per User, minutes | 90 | 90 | 87 | |||||||||

## Messages Sent per week | 1 b | 1 b | 1.4 b | |||||||||

## Countries | 100 | 100 | 150 | 150 | 150 |

Y, 2020 | Y, 2019 | Y, 2018 | Y, 2017 | |
---|---|---|---|---|

Hispanic / Latino (USA), percent | 7.9% | 7.7% | 6.9% | 6.3% |

Asian (USA), percent | 28.2% | 26.4% | 24.4% | 25.2% |

White (USA), percent | 52.4% | 54% | 58.7% | 59.5% |

Other | 11.5% | 11.9% | 10% | 9% |

- Source: slackhq.com, slackhq.com, slackhq.com, slackhq.com

Y, 2020 | Y, 2019 | Y, 2018 | Y, 2017 | |
---|---|---|---|---|

Male, percent | 11% | 10.8% | 11.1% | 11.3% |

Male (Tech), percent | 13.3% | 13.1% | 13.1% | 14% |

Male (Non-Tech), percent | 9.5% | 9.3% | 9.3% | 8.7% |

Male (Management), percent | 10.8% | 10% | 10.4% | 10.4% |

Male (Leadership), percent | 14% | 14.1% | 13.9% | 14.3% |

Female (Leadership), percent | 6% | 5.9% | 6.1% | 5.7% |

Female (Management), percent | 9.2% | 10% | 9.6% | 9.6% |

Female (Non-Tech), percent | 10.5% | 10.7% | 10.7% | 11.3% |

Female (Tech), percent | 6.7% | 6.9% | 6.9% | 6% |

Female, percent | 9% | 9.2% | 8.9% | 8.7% |

- Source: slackhq.com, slackhq.com, slackhq.com, slackhq.com