Slack market cap is $14.7 b, and annual revenue was $630.42 m in FY 2020

Slack Gross profit (Q2, 2021)187.5 M

Slack Gross profit margin (Q2, 2021), %86.8%

Slack Net income (Q2, 2021)-73.2 M

Slack EBIT (Q2, 2021)-68.6 M

Slack Cash, 31-Jul-20201.3 B

Slack EV14.2 B

Slack revenue was $630.42 m in FY, 2020 which is a 57.4% year over year increase from the previous period.

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

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

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

| 110% | 82% | 57% |

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

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

| 88% | 87% | 85% |

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

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

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

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

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

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

## Interest income | 16.2m | ||

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

## Income tax expense | 793.0k | 840.0k | 589.0k |

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

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

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
---|---|---|---|---|---|---|---|---|

## Revenue | 80.9m | 92.0m | 105.6m | 134.8m | 145.0m | 168.7m | 201.7m | 215.9m |

## Cost of goods sold | 10.1m | 11.4m | 13.5m | 18.6m | 31.1m | 23.1m | 25.6m | 28.4m |

## Gross profit | 70.8m | 80.7m | 92.1m | 116.2m | 113.9m | 145.6m | 176.0m | 187.5m |

| 88% | 88% | 87% | 86% | 79% | 86% | 87% | 87% |

## Sales and marketing expense | 42.2m | 53.6m | 67.7m | 66.8m | 136.4m | 96.2m | 110.3m | 109.1m |

## R&D expense | 35.4m | 35.2m | 41.0m | 51.1m | 217.8m | 94.9m | 91.2m | 94.2m |

## General and administrative expense | 19.6m | 53.6m | 67.7m | 36.7m | 123.4m | 49.5m | 50.7m | 52.8m |

## Operating expense total | 97.1m | 142.3m | 176.4m | 154.7m | 477.5m | 240.6m | 252.2m | 256.1m |

## EBIT | (26.3m) | (33.7m) | (50.8m) | (38.4m) | (363.6m) | (95.0m) | (76.2m) | (68.6m) |

| (33%) | (37%) | (48%) | (29%) | (251%) | (56%) | (38%) | (32%) |

## Interest expense | 2.8m | |||||||

## Interest income | 4.2m | 3.9m | 3.2m | 7.0m | ||||

## Pre tax profit | (24.5m) | (31.6m) | (47.4m) | (31.4m) | (360.5m) | (87.9m) | (74.3m) | (73.2m) |

## Income tax expense | 350.0k | 85.0k | 318.0k | 520.0k | (923.0k) | (101.0k) | (142.0k) | (81.0k) |

## Net Income | (24.9m) | (31.6m) | (47.4m) | (31.9m) | (359.6m) | (87.8m) | (74.4m) | (73.2m) |

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

## Cash | 120.5m | 180.8m | 499.0m |

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

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

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

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

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

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

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

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

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

## Total Debt | 226.8m | ||

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

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

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

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

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

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

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

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

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

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

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

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

## Prepaid Expenses | 58.3m | ||||

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

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

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

## Total Assets | 1.2b | 1.2b | 1.2b | 2.2b | 2.2b |

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

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

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

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

## Total Debt | 840.2m | 846.2m | |||

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

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

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

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

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

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

## 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 |

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

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

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

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

## Accounts Payable | 4.9m | 2.8m | 6.7m |

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

## Cash From Financing Activities | 758.0k | 2.4m | 4.7m | 15.9m | 756.0m | 751.3m |

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

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

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 | 12.50 m | ||||||

## App Directory | 1.50 k | 1.50 k | 1.80 k | 1.80 k | 2 k | 2 k | 2.20 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 | 1.40 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 | 55.1 % | 54.2 % | 55.3 % | 56.5 % |

Female, percent | 44.9 % | 45.8 % | 44.7 % | 43.5 % |

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

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

Male (Tech), percent | 16.7 % | 16.4 % | 16.4 % | 17.6 % |

Male (Non-Tech), percent | 11.9 % | 11.6 % | 11.6 % | 10.9 % |

Male (Management), percent | 13.5 % | 12.5 % | 13 % | 13 % |

Male (Leadership), percent | 17.5 % | 17.6 % | 17.4 % | 17.9 % |

Female (Leadership), percent | 7.5 % | 7.4 % | 7.7 % | 7.1 % |

Female (Management), percent | 11.5 % | 12.6 % | 12 % | 12 % |

Female (Non-Tech), percent | 13.1 % | 13.4 % | 13.4 % | 14.1 % |

Female (Tech), percent | 8.4 % | 8.7 % | 8.6 % | 7.5 % |

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