Company name:

Elastic Nv

  • IPO SHARE PRICE:
    $36.00
  • IPO DATE:
    October 05, 2018
  • TICKER:
    ESTC
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    800 West El Cami Real Suite 350 Mountain View California 94040
  • FISCAL YEAR END:
    April 30
  • INCORPORATION JURISDICTION:
    None
  • 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

Elastic Nv

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 Year:
30-Apr
2020
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%
79.2% —

Subscription - self-managed and SaaS

12.5% —

License - self-managed

8.3% —

Professional services revenue
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
License - self-managed 14,503 25,759 39,474 53,536 62,535 61,120
Subscription - self-managed and SaaS 65,243 123,623 208,780 338,634 454,168 527,876
Professional services revenue 8,431 10,553 23,399 35,450 37,799 39,464
Total subscription revenue 79,746 149,382 248,254 392,170 516,703 588,996
Total Revenue $88,177 $159,935 $271,653 $427,620 $554,502 $628,460
Selected Year:
30-Apr
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
140.0%
51.2% —

Sales and marketing

38.7% —

Research and development

21.4% —

General and administrative

19.8% —

Cost of subscription - self-managed and SaaS

8.6% —

Cost of professional services

0.2% —

Cost of license - self-managed
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of license - self-managed
55 387 387 948 1,385 1,384
Cost of subscription - self-managed and SaaS
13,161 27,920 53,560 84,819 110,451 125,704
Total cost of revenue - subscription
13,216 28,307 53,947 85,767 111,836 127,088
Cost of professional services
6,629 12,433 24,063 36,923 37,684 40,784
Total cost of revenue
$19,845 $40,740 $78,010 $122,690 $149,520 $167,872
Gross profit
68,332 119,195 193,643 304,930 404,982 460,588
Sales and marketing
56,612 82,606 147,296 219,040 249,892 284,348
Research and development
32,601 55,641 101,167 165,370 189,357 205,600
General and administrative
26,291 28,942 46,536 91,625 92,708 108,484
Total operating expenses
$115,504 $167,189 $294,999 $476,035 $531,957 $598,432
Selected Year:
30-Apr
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
40.0%
40.0% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income ($47,172) ($47,994) ($101,356) ($171,105) ($126,975) ($137,844)
Selected Year:
30-Apr
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
0.5%
0.5% —

Other expense or income
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense or income (583) (1,357) 3,441 1,963 (1,774) (9,508)
Total non-operating income (expense) (583) (1,357) 3,441 1,963 9,111 (9,508)
Selected Year:
30-Apr
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
39.6%
39.6% —

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 Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT ($47,755) ($49,351) ($97,915) ($169,142) ($117,864) ($147,352)
Selected Year:
30-Apr
2020
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
0.5%
0.5% —

Income tax expense or benefit
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Income before income taxes
(47,755) (49,351) (97,915) (169,142) (117,864) (147,352)
Income tax expense or benefit
4,213 3,376 4,388 (1,968) (580) 4,544
Selected Year:
30-Apr
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
39.1%
39.1% —

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 Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
($51,968) ($52,727) ($102,303) ($167,174) ($117,284) ($151,896)

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 - - 75,354,059 85,282,748 89,764,796 89,764,796
Selected Year:
30-Apr
2020
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 Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share ($1.71) ($1.65) ($1.86) ($2.12) ($1.37) ($1.72)
Net Income per diluted share ($1.71) ($1.65) ($1.86) ($2.12) ($1.37) ($1.72)