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 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%
84.0% —

Subscription - self-managed and SaaS

9.7% —

License - self-managed

6.3% —

Professional services revenue
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
License - self-managed
45,679
45,679
45,679
45,679
45,679
45,679
 12,624 9,907 12,272 14,495 16,862 14,879 15,514 15,280 62,535 61,120
Subscription - self-managed and SaaS
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 60,999 72,483 79,407 89,703 97,041 106,463 118,695 131,969 454,168 527,876
Professional services revenue
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 6,976 7,320 9,427 8,983 9,720 7,528 10,685 9,866 37,799 39,464
Total subscription revenue
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 73,623 82,390 91,679 104,198 113,903 121,342 134,209 147,249 516,703 588,996
Total Revenue
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $80,599 $89,710 $101,106 $113,181 $123,623 $128,870 $144,894 $157,115 $554,502 $628,460
Selected Quarter:
31-Jan
2021
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
121.9%
45.2% —

Sales and marketing

32.7% —

Research and development

20.0% —

Cost of subscription - self-managed and SaaS

17.3% —

General and administrative

6.5% —

Cost of professional services

0.2% —

Cost of license - self-managed
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of license - self-managed
45,679
45,679
45,679
45,679
45,679
45,679
 97 97 158 347 346 346 347 346 1,385 1,384
Cost of subscription - self-managed and SaaS
45,679
45,679
45,679
45,679
45,679
45,679
 16,548 17,895 19,741 23,196 23,987 25,890 29,148 31,426 110,451 125,704
Total cost of revenue - subscription
45,679
45,679
45,679
45,679
45,679
45,679
 16,645 17,992 19,899 23,543 24,333 26,236 29,495 31,772 111,836 127,088
Cost of professional services
45,679
45,679
45,679
45,679
45,679
45,679
 6,797 8,259 8,862 9,862 9,940 8,595 8,953 10,196 37,684 40,784
Total cost of revenue
45,679
45,679
45,679
45,679
45,679
45,679
 $23,442 $26,251 $28,761 $33,405 $34,273 $34,831 $38,448 $41,968 $149,520 $167,872
Gross profit
45,679
45,679
45,679
45,679
45,679
45,679
 57,157 63,459 72,345 79,776 89,350 94,039 106,446 115,147 404,982 460,588
Sales and marketing
45,679
45,679
45,679
45,679
45,679
45,679
 45,044 52,011 54,020 54,829 58,180 56,151 64,474 71,087 249,892 284,348
Research and development
45,679
45,679
45,679
45,679
45,679
45,679
 31,004 35,182 38,478 46,119 45,591 45,678 46,688 51,400 189,357 205,600
General and administrative
45,679
45,679
45,679
45,679
45,679
45,679
 13,194 18,568 31,808 21,096 20,153 21,729 23,705 27,121 92,708 108,484
Total operating expenses
45,679
45,679
45,679
45,679
45,679
45,679
 $89,242 $105,761 $124,306 $122,044 $123,924 $123,558 $134,867 $149,608 $531,957 $598,432
Selected Quarter:
31-Jan
2021
Operating Income
Income after excluding Operating Expenses from Total Revenue
21.9%
21.9% —

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
 ($32,085) ($42,302) ($51,961) ($42,268) ($34,574) ($29,519) ($28,421) ($34,461) ($126,975) ($137,844)
Selected Quarter:
31-Jan
2021
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
1.5%
1.5% —

Other expense or income
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense or income
45,679
45,679
45,679
-
-
45,679
 704 - 1,684 (1,339) 687 - (84) (2,377) (1,774) (9,508)
Other income
-
-
-
45,679
45,679
-
 - 931 1,684 - - 10,885 - - 10,885 -
Total non-operating income (expense)
45,679
45,679
45,679
45,679
45,679
45,679
 704 931 1,684 (1,339) 687 10,885 (84) (2,377) 9,111 (9,508)
Selected Quarter:
31-Jan
2021
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
23.4%
23.4% —

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
 ($31,381) ($41,371) ($50,277) ($43,607) ($33,887) ($18,634) ($28,505) ($36,838) ($117,864) ($147,352)
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
0.7%
0.7% —

Income tax expense or benefit
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Income before income taxes
45,679
45,679
45,679
45,679
45,679
45,679
 (31,381) (41,371) (50,277) (43,607) (33,887) (18,634) (28,505) (36,838) (117,864) (147,352)
Income tax expense or benefit
45,679
45,679
45,679
45,679
45,679
45,679
 3,454 398 (304) 674 (2,736) 367 653 1,136 (580) 4,544
Selected Quarter:
31-Jan
2021
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
24.2%
24.2% —

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
 ($34,835) ($41,769) ($49,973) ($44,281) ($31,151) ($19,001) ($29,158) ($37,974) ($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
-
-
-
-
45,678,795
45,678,795
 75,354,059 76,555,686 80,621,016 81,720,602 85,282,748 86,272,053 87,403,657 89,764,796 89,764,796 89,764,796
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
 ($0.49) ($0.56) ($0.64) ($0.55) ($0.37) ($0.23) ($0.34) ($0.43) ($1.37) ($1.72)
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
 ($0.49) ($0.56) ($0.64) ($0.55) ($0.37) ($0.23) ($0.34) ($0.43) ($1.37) ($1.72)