Smartsheet (SMAR) stock price, revenue, and financials
Smartsheet market cap is $4.9 b, and annual revenue was $111.25 m in FY 2017
$42.01
$4.9 B
SMAR Mkt cap, 12-Dec-2019$111.3 M
Smartsheet Revenue FY, 2017Smartsheet Revenue growth (FY, 2017 - FY, 2017), %66%
Smartsheet Gross profit (FY, 2017)89.6 M
Smartsheet Gross profit margin (FY, 2017), %80.5%
Smartsheet Net income (FY, 2017)-49.1 M
Smartsheet EBIT (FY, 2017)-49 M
Smartsheet Cash, 31-Jan-201858.2 M
Smartsheet EV4.8 B
Smartsheet Revenue
Smartsheet revenue was $111.25 m in FY, 2017 which is a 66.1% year over year increase from the previous period.
Smartsheet Revenue Breakdown
Smartsheet revenue breakdown by geographic segment: 73.2% from United States, 13.2% from EMEA, 8.3% from Asia Pacific and 5.3% from Americas other than the United States
Smartsheet Income Statement
Annual
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Revenue | 40.8m | 67.0m | 111.3m |
Revenue growth, % | 64% | 66% | |
Cost of goods sold | 8.6m | 14.1m | 21.7m |
Gross profit | 32.2m | 52.8m | 89.6m |
Gross profit Margin, % | 79% | 79% | 81% |
Sales and marketing expense | 28.4m | 40.1m | 72.9m |
R&D expense | 12.9m | 19.6m | 37.6m |
General and administrative expense | 5.2m | 8.3m | 28.0m |
Operating expense total | 46.5m | 68.0m | 138.5m |
EBIT | (14.3m) | (15.2m) | (49.0m) |
EBIT margin, % | (35%) | (23%) | (44%) |
Interest expense | 29.0k | 435.0k | |
Pre tax profit | (14.3m) | (15.2m) | (49.4m) |
Income tax expense | (307.0k) | ||
Net Income | (14.3m) | (15.2m) | (49.1m) |
- Source: SEC Filings
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q4, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 |
|---|---|---|---|---|---|---|---|---|
Revenue | 13.7m | 15.8m | 17.8m | 19.7m | 22.2m | 26.7m | 29.4m | 33.0m |
Cost of goods sold | 2.8m | 3.3m | 3.8m | 4.2m | 4.5m | 5.4m | 5.7m | 6.1m |
Gross profit | 10.8m | 12.5m | 14.0m | 15.5m | 17.7m | 21.3m | 23.7m | 26.8m |
Gross profit Margin, % | 79% | 79% | 79% | 79% | 80% | 80% | 81% | 81% |
Sales and marketing expense | 8.5m | 9.9m | 10.2m | 11.5m | 14.7m | 17.4m | 20.7m | 20.1m |
R&D expense | 4.1m | 4.5m | 5.0m | 6.0m | 6.5m | 12.6m | 8.9m | 9.6m |
General and administrative expense | 1.6m | 1.8m | 2.1m | 2.9m | 3.7m | 14.0m | 4.6m | 5.8m |
Operating expense total | 14.1m | 16.2m | 17.3m | 20.3m | 24.9m | 44.0m | 34.2m | 35.4m |
EBIT | (3.3m) | (3.8m) | (3.3m) | (4.8m) | (7.2m) | (22.7m) | (10.5m) | (8.6m) |
EBIT margin, % | (24%) | (24%) | (18%) | (25%) | (32%) | (85%) | (36%) | (26%) |
Interest expense | 57.0k | 122.0k | 139.0k | 406.0k | ||||
Interest income | 119.0k | 31.0k | 13.0k | 97.0k | ||||
Pre tax profit | (3.2m) | (3.7m) | (3.3m) | (4.9m) | (7.2m) | (22.8m) | (10.4m) | (9.0m) |
Income tax expense | (307.0k) | |||||||
Net Income | (3.2m) | (3.7m) | (3.3m) | (4.9m) | (7.2m) | (22.8m) | (10.4m) | (8.7m) |
- Source: SEC Filings
Smartsheet Balance Sheet
Annual
| USD | FY, 2016 | FY, 2017 |
|---|---|---|
Cash | 22.1m | 58.2m |
Accounts Receivable | 5.4m | 14.9m |
Prepaid Expenses | 2.2m | 4.6m |
Current Assets | 39.9m | 77.7m |
PP&E | 8.8m | 17.2m |
Goodwill | 445.0k | |
Total Assets | 56.3m | 116.6m |
Accounts Payable | 2.0m | 2.6m |
Short-term debt | 1.8m | 2.8m |
Current Liabilities | 44.1m | 78.9m |
Long-term debt | 3.9m | 3.7m |
Total Debt | 5.7m | 6.5m |
Total Liabilities | 48.7m | 84.7m |
Preferred Stock | 60.3m | 112.7m |
Additional Paid-in Capital | 4.8m | 25.9m |
Retained Earnings | (57.5m) | (106.6m) |
Total Equity | (52.7m) | (80.7m) |
Debt to Equity Ratio | -0.1 x | -0.1 x |
Debt to Assets Ratio | 0.1 x | 0.1 x |
Financial Leverage | -1.1 x | -1.4 x |
- Source: SEC Filings
Smartsheet Cash Flow
Annual
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Net Income | (14.3m) | (15.2m) | (49.1m) |
Depreciation and Amortization | 567.0k | 989.0k | 4.1m |
Accounts Receivable | (1.3m) | (2.8m) | (9.5m) |
Accounts Payable | 522.0k | 578.0k | 704.0k |
Cash From Operating Activities | (4.7m) | 58.0k | (13.6m) |
Purchases of PP&E | (1.0m) | (1.8m) | (6.0m) |
Cash From Investing Activities | (22.9m) | 9.1m | (1.8m) |
Long-term Borrowings | (303.0k) | (2.3m) | |
Cash From Financing Activities | 222.0k | 627.0k | 51.4m |
Net Change in Cash | (27.3m) | 9.7m | 36.1m |
Interest Paid | 187.0k | 312.0k |
- Source: SEC Filings
Smartsheet Ratios
| USD | Y, 2018 |
|---|---|
EV/EBIT | -98.6 x |
EV/CFO | -355.5 x |
Revenue/Employee | 141.9k |
Debt/Equity | -0.1 x |
Debt/Assets | 0.1 x |
Financial Leverage | -1.4 x |
Smartsheet Operating Metrics
Smartsheet's Users was reported to be 3.6 m in Q4, 2017. Smartsheet's Customers was reported to be 92 k in Q4, 2017.
| Q1, 2016 | Q2, 2016 | Q3, 2016 | Q4, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | |
|---|---|---|---|---|---|---|---|---|
Domain-based Customers | 57.84 m | 61.21 m | 64.78 m | 66.65 m | 69.04 m | 71.02 m | 72.53 m | 74.12 m |
Average Annualized Contract Value per Domain-based Customer | $897 | $955 | $1.02 k | $1.11 k | $1.23 k | $1.35 k | $1.49 k | $1.64 k |
Retention Rate | 116% | 118% | 119% | 122% | 124% | 126% | 129% | 130% |
Calculated Billings | $17.38 m | $19.47 m | $20.66 m | $22.59 m | $30.34 m | $33.62 m | $32.52 m | $39.35 m |
Paying Users | 650 k | |||||||
Users | 3.60 m | |||||||
Customers | 92 k | |||||||
Patents (US) | 9 | |||||||
Patents (Foreign) | 3 | |||||||
Patents Pending (US) | 7 | |||||||
Trademarks (US) | 2 | |||||||
Trademarks (Foreign) | 23 | |||||||
Trademark Applications | 2 | |||||||
Countries | 190 |
