Company name:

Smartsheet Inc

  • IPO SHARE PRICE:
    $15.00
  • IPO DATE:
    April 27, 2018
  • TICKER:
    SMAR
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    10500 NE 8th Street Suite 1300 Bellevue WA 98004
  • FISCAL YEAR END:
    January 31
  • INCORPORATION JURISDICTION:
    WA
  • 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

Smartsheet 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-Jan
2021
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
32.1% - Stock-based compensation
27.1% - Deferred revenue
13.7% - Amortization of deferred commission costs
5.3% - Operating lease expense
4.9% - Depreciation and amortization
2.8% - Amortization of intangible assets
2.6% - Accrued compensation and employee benefits
2.5% - Other accrued liabilities
1.7% - Other liabilities
0.1% - (Gain) loss on sale of assets
SOURCEs
7.0% 4.9% 5.3% 13.7% 27.1% 32.1%
100 %
0%
USES
19.3% 19.2% 3.4% 51.5%
51.5% - Net income (loss)
19.3% - Accounts receivable
19.2% - Deferred commissions
3.4% - Operating lease liabilities
2.6% - Other assets
2.2% - Accounts payable
1.6% - Prepaid expenses and other assets
0.1% - Unrealized (gain) loss on foreign currency
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
 ($53,885) ($95,940) ($114,979) ($114,979) ($114,660)
Depreciation and amortization
-
-
 7,194 10,687 10,969 10,969 8,108
Depreciation of property and equipment
$45,679
$45,679
 7,194 10,687 - - -
Amortization of intangible assets
$45,679
$45,679
 510 2,762 6,286 6,286 11,184
Operating lease expense
-
-
 - 7,971 11,924 11,924 13,628
Amortization of deferred commission costs
$45,679
$45,679
 10,770 19,806 30,691 30,691 34,584
Amortization of premiums accretion of discounts and gain on investments Amortization of premiums accretion of discounts and gain on investments
$45,679
$45,679
 - - - - -
Stock-based compensation
$45,679
$45,679
 15,903 37,493 71,750 71,750 83,188
(Gain) loss on sale of assets
$45,679
$45,679
 - - 268 268 -
Unrealized (gain) loss on foreign currency
$45,679
$45,679
 37 82 (161) (161) (1,032)
Change in fair value of convertible preferred stock warrant liability Change in fair value of convertible preferred stock warrant liability
$45,679
$45,679
 1,326 - - - -
Accounts receivable
$45,679
$45,679
 (15,265) (25,965) (43,112) (43,112) (147,208)
Operating lease right-of-use assets
-
-
 - (12,173) - - -
Prepaid expenses and other assets
$45,679
$45,679
 481 (3,909) (3,678) (3,678) (3,148)
Other assets
$45,679
$45,679
 207 (339) (5,819) (5,819) 624
Accounts payable
$45,679
$45,679
 2,031 3,593 (4,915) (4,915) (8,184)
Other accrued liabilities
$45,679
$45,679
 3,424 5,840 5,543 5,543 26,668
Accrued compensation and employee benefits
$45,679
$45,679
 8,732 11,994 5,811 5,811 61,188
Deferred commissions
$45,679
$45,679
 (24,493) (39,046) (42,965) (42,965) (57,904)
Deferred revenue
$45,679
$45,679
 38,851 61,646 60,534 60,534 165,256
Operating lease liabilities
-
-
 - 5,631 (7,699) (7,699) 136
Other liabilities
$45,679
$45,679
 1,322 (1,003) 3,904 3,904 (11,612)
Net cash provided by (used in) operating activities
$45,679
$45,679
 ($2,855) ($10,870) ($15,648) ($15,648) $60,816
Selected Year:
31-Jan
2021
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
38.1% - Early sale of marketable securities
0.9% - (Purchase) sale of property and equipment
SOURCEs
61.0% 38.1%
100 %
0%
USES
5.7% 94.3%
94.3% - Acquisition of business net of cash
5.7% - Capitalized internal-use software development costs
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Purchases of marketable securities
-
-
 - (100,532) - - -
Early sale of marketable securities
-
-
 - - 50,532 50,532 -
(Purchases) sale of investment securities
$45,679
$45,679
 - - - - -
Maturities of investment securities
$45,679
$45,679
 - 50,000 - - -
(Purchases) sale of a long-term investment
-
-
 - (1,000) - - -
(Purchase) sale of property and equipment
$45,679
$45,679
 (5,767) (5,153) 1,250 1,250 15,652
Proceeds from sale of computer equipment
$45,679
$45,679
 - - - - -
Purchases of intangible assets
$45,679
$45,679
 - - - - -
Capitalized internal-use software development costs
$45,679
$45,679
 (3,017) (6,699) (7,608) (7,608) (6,540)
Acquisition of business net of cash
$45,679
$45,679
 (5,000) (26,659) (125,055) (125,055) -
Net cash provided by (used in) investing activities
$45,679
$45,679
 ($13,784) ($90,043) ($85,057) ($85,057) ($7,592)
Selected Year:
31-Jan
2021
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
54.1% - Issuance of common stock from exercise of stock options
45.9% - Proceeds (payments) related to employee stock compensation plans (ESPP)
SOURCEs
54.1% 45.9%
100 %
0%
USES
80.3% 6.7% 12.9%
12.9% - Repayment of finance leases
6.7% - Employee withholding taxes paid upon settlement of restricted stock units
0.2% - Deferred offering costs
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Initial Public Offering (IPO) net
$45,679
$45,679
 163,844 - - - -
Secondary (Follow-on) Public Offering net
-
-
 - 379,828 - - -
Issuance of convertible preferred stock
-
$45,679
 - - - - -
Issuance of common stock from exercise of stock options Issuance of common stock from exercise of stock options
-
-
 6,649 15,905 17,373 17,373 24,976
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
 6,649 15,905 - - -
Proceeds (payments) related to employee stock compensation plans (ESPP) Proceeds (payments) related to employee stock compensation plans (ESPP)
$45,679
$45,679
 7,064 11,254 14,758 14,758 16,084
Deferred offering costs
$45,679
$45,679
 (2,603) (798) (59) (59) -
Repayment of finance leases
-
-
 (3,253) (4,167) (4,129) (4,129) (8,624)
Repayments of capital leases
$45,679
$45,679
 (3,253) - - - -
Employee withholding taxes paid upon settlement of restricted stock units Employee withholding taxes paid upon settlement of restricted stock units
$45,679
$45,679
 (380) - (2,150) (2,150) (8,600)
Net cash provided by (used in) financing activities
$45,679
$45,679
 $171,321 $402,022 $25,793 $25,793 $30,868
Selected Year:
31-Jan
2021
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
($74,441,000)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cash and equivalents - Beginning of period
$45,679
$45,679
 $61,059 $215,705 $516,789 - $1,683,208
Effect of changes in foreign exchange rates on cash
$45,679
$45,679
 (36) (25) 471 - 2,092
(Decrease) increase in cash and cash equivalents
$45,679
$45,679
 154,646 301,084 (74,441) - 86,184
Cash and equivalents - End of period
$45,679
$45,679
 $215,705 $516,789 $442,348 - $1,769,392