A recent SA article sums up Q3 as
• Anaplan reported a strong quarter with revenue growing 44% and billings growing 59%, both ahead of expectations.
• Management provided an early look into FY21 with revenue growth of 31-33%, which seems a little conservative.
• Valuation remains a little high at ~14.5x FY21 revenue and investors should continue to be patient for a better entry point.
Ref: https://seekingalpha.com/article/4311293-anaplan-great-compa…
What do Q3 numbers tell us?
Revenue (millions USD)
Q1 Q2 Q3 Q4 Year YOY
2017 120,499
2018 41,074 44,189 46,339 168,347 39.71%
2019 51,550 57,828 62,014 69,250 240,642 42.94%
2020 75,830 84,540 89,410 249,780 3.80%
YOY 47.10% 46.19% 44.18%
Adj Gross Profit (millions USD)
Q1 Q2 Q3 Q4 Year YOY
2017 81,477
2018 27,813 29,144 33,925 117,017 43.62%
2019 37,620 42,023 45,260 50,023 174,926 49.49%
2020 55,248 63,421 68,274
Gross margin percent (Non-GAAP)
Q1 Q2 Q3 Q4 Year
2017 67.62%
2018 67.71% 65.95% 73.21% 69.51%
2019 72.98% 72.67% 72.98% 72.24% 72.69%
2020 72.86% 75.02% 76.36%
Adj Operating Profit (millions USD)
Q1 Q2 Q3 Q4 Year YOY
2018 -8,276 -16,419 -24,695
2019 -23,293 -16,955 -18,290 -15,873 -74,411 201.32%
2020 -20,090 -16,641 -8,826
Operating Profit % of Revenue (Non-GAAP)
Q1 Q2 Q3 Q4 Year
2018 -18.73% -35.43% -14.67%
2019 -45.19% -29.32% -29.49% -22.92% -30.92%
2020 -26.49% -19.68% -9.87%
Adj Net Profit (millions USD)
Q1 Q2 Q3 Q4 Year YOY
2018 -16,448 -16,448
2019 -24,168 -18,055 -19,195 -15,746 -77,164 369.14%
2020 -20,172 -16,076 -11,003
Net Profit % of Revenue (Non-GAAP)
Q1 Q2 Q3 Q4 Year
2018 -35.49% -9.77%
2019 -46.88% -31.22% -30.95% -22.74% -32.07%
2020 -26.60% -19.02% -12.31%
Adj EPS (USD)
Q1 Q2 Q3 Q4 Year YOY
2018 -0.18 -0.18
2019 -0.25 -0.18 -0.18 -0.13 -0.74 311.11%
2020 -0.16 -0.12 -0.08
Free Cash Flow (millions USD)
Q1 Q2 Q3 Q4 Year
2017 -31,132
2018 -29,867
2019 -16,169 -15,234 -17,331 -68,372
2020 -4,983 1,524 -19,851
Q1 Q2 Q3 Q4 YOY
2017 113
2018 181 60.18%
2019 248 37.02%
2020 279 299 324
Dollar-based net expansion rate
Q1 Q2 Q3 Q4 Year
2019 124% 123% 123%
2020 123% 121% 123%
Solid numbers. Long here.
🆁🅶🅱
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