Company name:

DocuSign Inc

  • IPO SHARE PRICE:
    $29.00
  • IPO DATE:
    April 27, 2018
  • TICKER:
    DOCU
  • MAIN STOCK EXCHANGE:
    NASDAQ Global Select
  • CURRENT HQ LOCATION:
    221 Main St Suite 1550 San Francisco California 94105
  • FISCAL YEAR END:
    January 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

DocuSign 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

Income Statement

Quarterly Annual
(USD in thousand)
Selected Quarter:
31-Jan
2021
Revenue
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%
95.2% —

Subscription revenue

4.8% —

Professional services revenue
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Subscription revenue
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 201,458 220,811 238,072 258,122 280,922 323,643 366,617 410,215 1,381,397 1,640,860
Professional services revenue
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 12,504 14,801 11,430 16,773 16,095 18,566 16,306 20,683 71,650 82,732
Total Revenue
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $213,962 $235,612 $249,502 $274,895 $297,017 $342,209 $382,923 $430,898 $1,453,047 $1,723,592
Selected Quarter:
31-Jan
2021
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
105.8%
51.5% —

Sales and marketing

18.6% —

Research and development

17.0% —

Cost of subscription revenue

12.1% —

General and administrative

6.6% —

Professional services and other
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of subscription revenue
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 33,119 39,472 43,178 48,162 52,010 64,730 69,905 73,347 259,992 293,388
Professional services and other
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 18,900 21,704 18,786 19,913 22,022 25,885 27,926 28,233 104,066 112,932
Total cost of revenue
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 $52,019 $61,176 $61,964 $68,075 $74,032 $90,615 $97,831 $101,580 $364,058 $406,320
Gross profit
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 161,943 174,436 187,538 206,820 222,985 251,594 285,092 329,318 1,088,989 1,317,272
Sales and marketing
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 129,936 150,886 149,231 161,326 171,793 194,992 209,944 221,896 798,625 887,584
Research and development
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 37,183 47,517 48,758 52,094 54,234 63,791 73,362 80,135 271,522 320,540
General and administrative
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 37,261 40,755 33,546 35,753 38,811 51,446 50,256 52,184 192,697 208,736
Total operating expenses
-
-
-
45,679
-
-
45,679
45,679
 204,380 239,158 231,535 249,173 264,838 310,229 333,562 354,215 1,262,844 1,416,860
Total expenses
45,679
45,679
45,679
-
45,679
45,679
-
-
 204,380 239,158 - - - - - - - -
Selected Quarter:
31-Jan
2021
Operating Income
Income after excluding Operating Expenses from Total Revenue
5.8%
5.8% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($42,437) ($64,722) ($43,997) ($42,353) ($41,853) ($58,635) ($48,470) ($24,897) ($173,855) ($99,588)
Selected Quarter:
31-Jan
2021
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total non-operating income (expense)
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 - - - - - - - - (33,752) -
Selected Quarter:
31-Jan
2021
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
5.8%
5.8% —

EBIT

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
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($42,437) ($64,722) ($43,997) ($42,353) ($41,853) ($58,635) ($48,470) ($24,897) ($207,607) ($99,588)
Selected Quarter:
31-Jan
2021
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
3.2%
0.7% —

Interest income and other income (expense)

1.8% —

Interest expense

2.1% —

Income tax expense or benefit
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (7,156) (7,273) (7,364) (7,461) (7,560) (7,684) (7,769) (7,786) (30,799) (31,144)
Interest and other income
-
45,679
-
-
-
-
-
-
 - - - - - - - - - -
Interest income and other income (expense)
45,679
-
45,679
45,679
45,679
45,679
45,679
45,679
 5,217 4,531 5,801 3,658 3,742 2,601 (311) 2,882 8,914 11,528
Income before income taxes
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (44,376) (67,464) (45,560) (46,156) (45,671) (63,718) (56,550) (63,553) (229,492) (254,212)
Income tax expense or benefit TEST - ODD
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 1,346 1,168 1,038 1,251 2,133 842 1,941 8,859 13,775 35,436
Selected Quarter:
31-Jan
2021
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
16.8%
16.8% —

Net income (loss)

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
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($45,722) ($68,632) ($46,598) ($47,407) ($47,804) ($64,560) ($58,491) ($72,412) ($243,267) ($289,648)

Basic Shares Outstanding
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
Common
-
-
-
-
45,678,795
45,678,795
45,678,795
45,678,795
 173,800,000 176,000,000 179,455,116 181,456,115 183,508,855 185,164,889 186,556,918 193,087,560 193,087,560 193,087,560
Selected Quarter:
31-Jan
2021
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
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
 ($0.27) ($0.39) ($0.26) ($0.26) ($0.26) ($0.35) ($0.31) ($0.39) ($1.31) ($1.56)
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
 ($0.27) ($0.39) ($0.26) ($0.26) ($0.26) ($0.35) ($0.31) ($0.39) ($1.31) ($1.56)