Company name:

Zendesk Inc

  • IPO SHARE PRICE:
    $9.00
  • IPO DATE:
    May 15, 2014
  • TICKER:
    ZEN
  • MAIN STOCK EXCHANGE:
    New York Stock Exchange
  • CURRENT HQ LOCATION:
    989 Market Street San Francisco California 94103
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Zendesk Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Statement of Cash Flow

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
37.3% - Stock-based compensation
12.1% - Deferred revenue
9.3% - Amortization of deferred costs
8.6% - Depreciation and amortization
7.9% - Amortization of debt original issue discount and issuance cost
7.9% - Accrued compensation and employee benefits
5.3% - (Gain) loss on repayment of debt
4.2% - Lease right-of-use assets
3.1% - Impairment of real estate
2.1% - Provision for credit losses on accounts receivable
1.1% - Other
1.0% - Accrued liabilities
0.2% - Other assets and liabilities
SOURCEs
4.2% 8.6% 9.3% 12.1% 5.3% 7.9% 7.9% 37.3% 3.1%
100 %
0%
USES
5.4% 16.6% 15.8% 7.9% 4.3% 5.0% 44.6%
44.6% - Net income (loss)
16.6% - Accounts receivable
15.8% - Deferred costs
7.9% - Repayment of convertible senior notes attributable to debt discount
5.0% - Lease liabilities
4.3% - Accounts payable
0.4% - Prepaid expenses and other assets
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($131,084) ($169,653) ($218,178) ($218,178) ($280,144)
Depreciation and amortization
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 36,520 38,602 42,247 42,247 38,580
Amortization of deferred costs
-
-
-
-
$45,679
$45,679
 21,304 32,116 45,426 45,426 52,144
Amortization of debt original issue discount and issuance cost Amortization of debt original issue discount and issuance cost
-
-
-
-
$45,679
$45,679
 18,766 25,288 38,588 38,588 49,432
Stock-based compensation
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 119,483 156,730 182,204 182,204 200,588
Provision for credit losses on accounts receivable
-
-
-
-
-
-
 - 5,061 10,136 10,136 40,544
Repayment of convertible senior notes attributable to debt discount Repayment of convertible senior notes attributable to debt discount
-
-
-
-
-
-
 - - (38,637) (38,637) -
Excess tax benefit related to stock-options compensation Excess tax benefit related to stock-options compensation
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 - - - - -
Income tax benefit related to convertible senior notes Income tax benefit related to convertible senior notes
-
-
-
-
$45,679
$45,679
 (13,784) - - - -
Impairment of real estate
-
-
-
-
-
-
 - - 14,975 14,975 59,900
(Gain) loss on repayment of debt
-
-
-
-
-
-
 - - 25,950 25,950 -
Accounts receivable
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (30,007) (50,061) (80,945) (80,945) (191,640)
Prepaid expenses and other assets
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (10,620) (8,349) (1,909) (1,909) 4,828
Deferred costs
-
-
-
-
$45,679
$45,679
 (40,898) (49,922) (77,380) (77,380) (120,352)
Lease right-of-use assets
-
-
-
-
-
-
 - 18,940 20,372 20,372 19,600
Accounts payable
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 7,534 22,128 (20,804) (20,804) 21,616
Accrued liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 3,844 3,259 4,800 4,800 12,924
Accrued compensation and employee benefits
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 15,026 11,282 38,458 38,458 80,824
Deferred revenue
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 73,053 78,110 59,397 59,397 220,112
Lease liabilities
-
-
-
-
-
-
 - (18,868) (24,673) (24,673) (28,680)
Other
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (813) 740 5,602 5,602 (2,132)
Other assets and liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 6,635 (1,081) 799 799 7,284
Net cash provided by (used in) operating activities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $78,620 $89,261 $26,428 $26,428 $185,428
Selected Year:
31-Dec
2020
INVESTING ACTIVITIES
Cash spent on acquiring plant, equipment and other businesses, cash recei0 from sale of plant, equipment and subsidiaries as well cash parked temporarily in different securities - government bonds typically
42.2% - Maturities of marketable securities
14.6% - Sale of marketable securities
0.2% - Sale of strategic investments
SOURCEs
43.0% 42.2% 14.6%
100 %
0%
USES
95.5%
95.5% - Purchases of marketable securities
2.6% - (Purchase) sale of property and equipment
1.8% - Development of internal-use software
0.2% - Purchases of strategic investments
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
(Increase) decrease in restricted cash and deposits
$45,679
$45,679
$45,679
-
-
-
 - - - - -
Purchases of marketable securities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (700,226) (454,649) (849,656) (849,656) (593,156)
Sale of marketable securities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 71,359 328,921 130,087 130,087 98,324
Maturities of marketable securities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 170,882 177,376 375,686 375,686 376,840
Purchases of strategic investments
-
-
-
-
$45,679
$45,679
 (10,000) (500) (1,500) (1,500) -
Sale of strategic investments
-
-
-
-
-
-
 - - 1,577 1,577 -
(Purchase) sale of property and equipment
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (35,323) (39,140) (22,877) (22,877) (13,552)
Development of internal-use software
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (7,005) (7,841) (15,646) (15,646) (18,980)
Acquisitions
-
-
-
$45,679
$45,679
$45,679
 (79,363) - - - -
Acquisition of WAC net of cash
-
$45,679
$45,679
-
-
-
 - - - - -
Acquisition of Zopim net of cash
$45,679
$45,679
$45,679
-
-
-
 - - - - -
Business combinations net of cash
-
-
-
-
-
$45,679
 (79,363) (70,919) - - -
Net cash provided by (used in) investing activities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($589,676) ($66,752) ($382,329) ($382,329) ($150,524)
Selected Year:
31-Dec
2020
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
11.6% - Proceeds from capped calls related to convertible senior notes
5.6% - Proceeds (payments) related to employee stock compensation plans (ESPP)
4.1% - Proceeds from issuance of common stock upon exercise of stock options
1.9% - Issuance of senior convertible notes
SOURCEs
76.8% 5.6% 4.1% 11.6%
100 %
0%
USES
80.7% 18.1%
80.7% - Partial repurchase of convertible senior notes
18.1% - Purchase of convertible senior notes capped call
1.2% - Employee withholding taxes paid on share-based compensation
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Initial Public Offering (IPO) net
$45,679
-
$45,679
-
-
-
 - - - - -
Secondary (Follow-on) Public Offering net
-
$45,679
-
$45,679
-
-
 - - - - -
Issuance of convertible preferred stock - Series D
$45,679
-
-
-
-
-
 - - - - -
Issuance of common stock under Employee Stock Purchase Plan (ESPP) Issuance of common stock under Employee Stock Purchase Plan (ESPP)
$45,679
-
-
-
-
-
 - - - - -
Proceeds from issuance of common stock upon exercise of stock options Proceeds from issuance of common stock upon exercise of stock options
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 16,150 26,495 29,123 29,123 18,128
Proceeds (payments) related to employee stock compensation plans (ESPP) Proceeds (payments) related to employee stock compensation plans (ESPP)
-
$45,679
$45,679
$45,679
$45,679
$45,679
 21,440 31,490 40,454 40,454 46,164
Issuance of senior convertible notes
-
-
-
-
$45,679
$45,679
 13,561 13,561 13,561 13,561 54,244
Partial repurchase of convertible senior notes
-
-
-
-
-
-
 - - (578,973) (578,973) -
Repayment of debt
$45,679
$45,679
$45,679
-
-
-
 - - - - -
Borrowing
$45,679
$45,679
$45,679
-
-
-
 - - - - -
Repayment of debt and capital leases
-
-
-
$45,679
-
-
 - - - - -
Repayments of capital leases
$45,679
$45,679
$45,679
-
-
-
 - - - - -
Employee withholding taxes paid on share-based compensation Employee withholding taxes paid on share-based compensation
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (5,213) (9,574) (8,847) (8,847) (10,880)
Excess tax benefit from stock-based compensation
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 - - - - -
Purchase of convertible senior notes capped call
-
-
-
-
$45,679
$45,679
 (63,940) - (129,950) (129,950) -
Proceeds from capped calls related to convertible senior notes Proceeds from capped calls related to convertible senior notes
-
-
-
-
-
-
 - - 83,040 83,040 -
Net cash provided by (used in) financing activities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $529,063 $48,411 $563,817 $563,817 $53,332
Selected Year:
31-Dec
2020
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
$207,962,000
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cash and equivalents - Beginning of period
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $110,888 $128,876 $199,897 - $1,543,996
Effect of changes in foreign exchange rates on cash
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (19) 101 46 - (764)
(Decrease) increase in cash and cash equivalents
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 17,988 71,021 207,962 - 87,472
Cash and equivalents - End of period
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $128,876 $199,897 $407,859 - $1,631,436