Workiva (NYSE:WK) created Wdesk, a cloud-based productivity platform for enterprises to collect, link, report, and analyze business data with control and accountability. Thousands of organizations, including over 65 percent of the Fortune 500, use Wdesk for risk, compliance, or management reporting. Wdesk proprietary word processing, spreadsheet, and presentation applications are integrated and built upon a data management engine, offering synchronized data, controlled collaboration, granular permissions, and a full audit trail. Wdesk helps mitigate enterprise risk, improve productivity, and give users confidence to make decisions with real-time data. Workiva employs more than 1,000 people with offices in 16 cities. The company is headquartered in Ames, Iowa.

Company Growth (employees)
Type
Public
HQ
Ames, US
Founded
2008
Size (employees)
1,172 (est)+5%
Workiva was founded in 2008 and is headquartered in Ames, US

Workiva Office Locations

Workiva has offices in Ames, Saskatoon, Seattle, Missoula and in 25 other locations
Ames, US (HQ)
2900 University Blvd

Workiva Data and Metrics

Workiva Financial Metrics

Workiva's revenue was reported to be $46.4 m in FY, 2016 which is a 16% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

46.4 m

Revenue growth (FY, 2015 - FY, 2016), %

16%

Gross profit (FY, 2016)

33.2 m

Gross profit margin (FY, 2016), %

72%

Net income (FY, 2016)

(44 m)

EBIT (FY, 2016)

(7.4 m)

Market capitalization (24-May-2017)

744.8 m

Closing share price (24-May-2017)

18.2

Cash (31-Dec-2016)

51.3 m

EV

693.6 m
Workiva's current market capitalization is $744.8 m.
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Revenue

30.1 m39.9 m46.4 m

Revenue growth, %

32%16%

Cost of goods sold

10 m11 m13.2 m

Gross profit

20.2 m28.9 m33.2 m

Gross profit Margin, %

67%72%72%

Sales and marketing expense

14.1 m18.6 m18.2 m

R&D expense

11.9 m13.5 m14.5 m

General and administrative expense

5.8 m8.5 m7.8 m

Operating expense total

31.8 m40.7 m40.6 m

EBIT

(11.6 m)(11.8 m)(7.4 m)

EBIT margin, %

(39%)(30%)(16%)

Interest expense

(763 k)(508 k)(455 k)

Pre tax profit

(12.6 m)(10.3 m)(7.5 m)

Income tax expense

32 k2 k1 k

Net Income

(41.2 m)(43.4 m)(44 m)
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Cash

101.1 m58.8 m51.3 m

Accounts Receivable

295 k818 k1.5 m

Inventories

3.1 m3.9 m1 m

Current Assets

116.5 m97.9 m98 m

PP&E

46.3 m44.4 m42.6 m

Total Assets

164.6 m143.9 m143.1 m

Accounts Payable

3 m5.1 m849 k

Total Debt

175 k91 k73 k

Current Liabilities

66.7 m84.1 m99.9 m

Common Stock

27 k29 k30 k

Additional Paid-in Capital

189.2 m202.4 m217.5 m

Retained Earnings

(133.5 m)(176.9 m)(220.9 m)

Total Equity

25.7 m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

5.6 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Net Income

(41.2 m)(43.4 m)(44 m)

Depreciation and Amortization

3.9 m4.4 m3.8 m

Accounts Receivable

2.6 m(5.1 m)(7.1 m)

Inventories

110.7 m(41.7 m)

Accounts Payable

(1.5 m)2.3 m(3.9 m)

Cash From Operating Activities

85.6 m(42.4 m)(10.4 m)

Purchases of PP&E

(8.6 m)(1.8 m)(1.9 m)

Cash From Investing Activities

(4.1 m)(19.8 m)3.8 m

Cash From Financing Activities

93.2 m(1.1 m)(895 k)

Interest Paid

1.7 m2 m1.8 m

Income Taxes Paid

64 k47 k
Y, 2016

EV/EBIT

-93.6 x

EV/CFO

-66.9 x

Workiva Market Value History

Workiva Median Salaries

Source: 12 public H-1B filings from Workiva

Workiva Online and Social Media Presence

Workiva Company Life and Culture

You may also be interested in