Tableau Software Inc Income Statement - Real Clear Investing

Selected Quarter:

30-Jun
2019

Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers

100%

	2014 30-Sep	2014 31-Dec	2015 31-Mar	2015 30-Jun	2015 30-Sep	2015 31-Dec	2016 31-Mar	2016 30-Jun	2016 30-Sep	2016 31-Dec	2017 31-Mar	2017 30-Jun	2017 30-Sep	2017 31-Dec	2018 31-Mar	2018 30-Jun	2018 30-Sep	2018 31-Dec	2019 31-Mar	Selected Quarter: 2019 30-Jun	Last Twelve Months LTM 2019 30-Jun	Last Quarter Annualized LQA 2019 30-Jun
Licenses	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	99,424	129,240	108,793	137,848	138,127	170,813	117,552	146,748	573,240	586,992
Maintenance and professional services	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	115,493	120,116	137,414	144,441	152,453	165,463	164,908	175,356	658,180	701,424
Total Revenue	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$214,917	$249,356	$246,207	$282,289	$290,580	$336,276	$282,460	$322,104	$1,231,420	$1,288,416

Selected Quarter:

30-Jun
2019

Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells

112.4%

	2014 30-Sep	2014 31-Dec	2015 31-Mar	2015 30-Jun	2015 30-Sep	2015 31-Dec	2016 31-Mar	2016 30-Jun	2016 30-Sep	2016 31-Dec	2017 31-Mar	2017 30-Jun	2017 30-Sep	2017 31-Dec	2018 31-Mar	2018 30-Jun	2018 30-Sep	2018 31-Dec	2019 31-Mar	Selected Quarter: 2019 30-Jun	Last Twelve Months LTM 2019 30-Jun	Last Quarter Annualized LQA 2019 30-Jun
License costs	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	3,265	4,060	3,954	4,626	5,230	7,597	5,627	5,322	23,776	21,288
Maintenance and services	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	26,664	26,250	28,471	30,599	29,549	32,598	33,802	34,524	130,473	138,096
Total cost of revenue	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	$29,929	$30,310	$32,425	$35,225	$34,779	$40,195	$39,429	$39,846	$154,249	$159,384
Gross profit	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	184,988	219,046	213,782	247,064	255,801	296,081	243,031	282,258	1,077,171	1,129,032
Sales and marketing	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	123,842	151,426	138,406	144,150	142,129	169,101	162,342	166,668	640,240	666,672
Research and development	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	84,494	84,285	93,505	94,033	97,939	97,409	112,144	112,099	419,591	448,396
General and administrative	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	25,697	26,854	32,250	29,846	30,959	32,750	61,725	43,326	168,760	173,304
Total operating expenses	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	$234,033	$262,565	$264,161	$268,029	$271,027	$299,260	$336,211	$322,093	$1,228,591	$1,288,372

Selected Quarter:

30-Jun
2019

Income after excluding Operating Expenses from Total Revenue

12.4%

Key metric that shows earnings potential of the company's business model

	2014 30-Sep	2014 31-Dec	2015 31-Mar	2015 30-Jun	2015 30-Sep	2015 31-Dec	2016 31-Mar	2016 30-Jun	2016 30-Sep	2016 31-Dec	2017 31-Mar	2017 30-Jun	2017 30-Sep	2017 31-Dec	2018 31-Mar	2018 30-Jun	2018 30-Sep	2018 31-Dec	2019 31-Mar	Selected Quarter: 2019 30-Jun	Last Twelve Months LTM 2019 30-Jun	Last Quarter Annualized LQA 2019 30-Jun
Operating income	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	($49,045)	($43,519)	($50,379)	($20,965)	($15,226)	($3,179)	($93,180)	($39,835)	($151,420)	($159,340)

Selected Quarter:

30-Jun
2019

Cost usually unrelated to delivering service or manufacturing a product that business sells

2.3%

	2014 30-Sep	2014 31-Dec	2015 31-Mar	2015 30-Jun	2015 30-Sep	2015 31-Dec	2016 31-Mar	2016 30-Jun	2016 30-Sep	2016 31-Dec	2017 31-Mar	2017 30-Jun	2017 30-Sep	2017 31-Dec	2018 31-Mar	2018 30-Jun	2018 30-Sep	2018 31-Dec	2019 31-Mar	Selected Quarter:	Last Twelve Months LTM 2019 30-Jun	Last Quarter Annualized LQA 2019 30-Jun
Other expense or income	45,679	-	-	45,679	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income	-	-	45,679	-	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	3,677	3,335	1,462	6,866	4,381	5,163	5,186	7,481	22,211	29,924
Total non-operating income (expense)	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	3,677	3,335	1,462	6,866	4,381	5,163	5,186	7,481	22,211	29,924

Selected Quarter:

30-Jun
2019

Income after excluding Operating and Non-operating Expenses from Total Revenue

10.0%

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory

	2014 30-Sep	2014 31-Dec	2015 31-Mar	2015 30-Jun	2015 30-Sep	2015 31-Dec	2016 31-Mar	2016 30-Jun	2016 30-Sep	2016 31-Dec	2017 31-Mar	2017 30-Jun	2017 30-Sep	2017 31-Dec	2018 31-Mar	2018 30-Jun	2018 30-Sep	2018 31-Dec	2019 31-Mar	Selected Quarter: 2019 30-Jun	Last Twelve Months LTM 2019 30-Jun	Last Quarter Annualized LQA 2019 30-Jun
EBIT	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	($45,368)	($40,184)	($48,917)	($14,099)	($10,845)	$1,984	($87,994)	($32,354)	($129,209)	($129,416)

Selected Quarter:

30-Jun
2019

Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure

1.0%

	2014 30-Sep	2014 31-Dec	2015 31-Mar	2015 30-Jun	2015 30-Sep	2015 31-Dec	2016 31-Mar	2016 30-Jun	2016 30-Sep	2016 31-Dec	2017 31-Mar	2017 30-Jun	2017 30-Sep	2017 31-Dec	2018 31-Mar	2018 30-Jun	2018 30-Sep	2018 31-Dec	2019 31-Mar	Selected Quarter: 2019 30-Jun	Last Twelve Months LTM 2019 30-Jun	Last Quarter Annualized LQA 2019 30-Jun
Income before income taxes	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	(45,368)	(40,184)	(48,917)	(14,099)	(10,845)	1,984	(87,994)	(32,354)	(129,209)	(129,416)
Income tax expense or benefit	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	1,185	1,654	(2,445)	(2,033)	10,492	(849)	888	3,164	13,695	12,656

Selected Quarter:

30-Jun
2019

Ultimate measure of Income - Net result after excluding all expenses from Total Revenue

11.0%

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders

	2014 30-Sep	2014 31-Dec	2015 31-Mar	2015 30-Jun	2015 30-Sep	2015 31-Dec	2016 31-Mar	2016 30-Jun	2016 30-Sep	2016 31-Dec	2017 31-Mar	2017 30-Jun	2017 30-Sep	2017 31-Dec	2018 31-Mar	2018 30-Jun	2018 30-Sep	2018 31-Dec	2019 31-Mar	Selected Quarter: 2019 30-Jun	Last Twelve Months LTM 2019 30-Jun	Last Quarter Annualized LQA 2019 30-Jun
Net income (loss)	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	($46,553)	($41,838)	($46,472)	($12,066)	($21,337)	$2,833	($88,882)	($35,518)	($142,904)	($142,072)

Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective

	2014 04-Nov	2015 24-Feb	2015 05-May	2015 04-Aug	2015 04-Nov	2016 23-Feb	2016 04-May	2016 03-Aug	2016 01-Nov	2017 21-Feb	2017 03-May	2017 04-Aug	2017 02-Nov	2018 21-Feb	2018 02-May	2018 02-Aug	2018 06-Nov	2019 19-Feb	2019 30-Apr	2019 29-Jul	2019 29-Jul	2019 29-Jul
Class A	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	64,207,570	67,902,696	67,911,962	70,047,244	71,551,528	75,594,200	75,799,434	77,093,957	77,093,957	77,093,957
Class B	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	15,535,989	13,633,546	13,631,046	12,896,296	12,016,296	10,491,943	10,380,023	10,368,607	10,368,607	10,368,607

Selected Quarter:

30-Jun
2019

Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)

	2014 30-Sep	2014 31-Dec	2015 31-Mar	2015 30-Jun	2015 30-Sep	2015 31-Dec	2016 31-Mar	2016 30-Jun	2016 30-Sep	2016 31-Dec	2017 31-Mar	2017 30-Jun	2017 30-Sep	2017 31-Dec	2018 31-Mar	2018 30-Jun	2018 30-Sep	2018 31-Dec	2019 31-Mar	Selected Quarter: 2019 30-Jun	Last Twelve Months LTM 2019 30-Jun	Last Quarter Annualized LQA 2019 30-Jun
Net Income per basic share	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	($0.59)	($0.52)	($0.57)	($0.15)	($0.26)	$0.04	($1.04)	($0.41)	($1.67)	($1.64)
Net Income per diluted share	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	($0.59)	($0.52)	($0.57)	($0.15)	($0.26)	$0.04	($1.04)	($0.41)	($1.67)	($1.64)

Tableau Software Inc

Short Description

Income Statement

Maintenance and professional services

Licenses

Sales and marketing

Research and development

General and administrative

Maintenance and services

License costs

Operating Income

Other income

EBIT

Income tax expense or benefit

Net income (loss)