Company name:

Zoom Video Communications Inc

  • IPO SHARE PRICE:
    $36.00
  • IPO DATE:
    April 18, 2019
  • TICKER:
    ZM
  • MAIN STOCK EXCHANGE:
    NASDAQ Global Select
  • CURRENT HQ LOCATION:
    55 Almaden Boulevard 6 th Floor San Jose California 95113
  • 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

Zoom Video Communications 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
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue
45,679
45,679
45,679
45,679
 121,988 145,826 166,593 188,251 328,167 663,520 777,196 882,485 2,651,368 3,529,940
Selected Quarter:
31-Jan
2021
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
71.0%
30.3% —

Cost of revenue

24.3% —

Sales and marketing

10.5% —

General and administrative

5.9% —

Research and development
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of revenue
45,679
45,679
45,679
45,679
 24,104 27,900 30,845 32,547 103,707 192,271 258,727 267,284 821,989 1,069,136
Gross profit
45,679
45,679
45,679
45,679
 97,884 117,926 135,748 155,704 224,460 471,249 518,469 615,201 1,829,379 2,460,804
Sales and marketing
45,679
45,679
45,679
45,679
 64,041 79,652 96,048 100,905 121,556 159,173 190,157 214,018 684,904 856,072
Research and development
45,679
45,679
45,679
45,679
 13,783 15,054 17,573 20,669 26,389 42,734 42,582 52,375 164,080 209,500
General and administrative
45,679
45,679
45,679
45,679
 18,503 20,955 23,806 23,577 53,130 81,238 93,488 92,691 320,547 370,764
Total operating expenses
45,679
45,679
45,679
45,679
 $96,327 $115,661 $137,427 $145,151 $201,075 $283,145 $326,227 $359,084 $1,169,531 $1,436,336
Selected Quarter:
31-Jan
2021
Operating Income
Income after excluding Operating Expenses from Total Revenue
29.0%
29.0% —

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
 $1,557 $2,265 ($1,679) $10,553 $23,385 $188,104 $192,242 $256,117 $659,848 $1,024,468
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
Other income
45,679
45,679
45,679
-
 - 1,628 978 - - - - - - -
Total non-operating income (expense)
45,679
45,679
45,679
45,679
 - - - - - - - - - -
Selected Quarter:
31-Jan
2021
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
29.0%
29.0% —

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
 $1,557 $2,265 ($1,679) $10,553 $23,385 $188,104 $192,242 $256,117 $659,848 $1,024,468
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
0.5%
1.0% —

Interest and other income

0.5% —

Income tax expense or benefit
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest income
45,679
45,679
45,679
-
 - 2,864 3,231 - - - - - - -
Interest and other income
-
-
-
-
 973 4,492 4,209 3,992 5,790 2,081 1,779 8,536 18,186 34,144
Income before income taxes
45,679
45,679
45,679
45,679
 2,530 6,757 2,530 14,545 29,175 190,185 194,021 264,653 678,034 1,058,612
Income tax expense or benefit
45,679
45,679
45,679
45,679
 316 1,216 319 (794) 2,100 4,196 (4,621) 4,043 5,718 16,172
Selected Quarter:
31-Jan
2021
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
29.5%
29.5% —

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
-
 $2,214 $5,541 $2,211 - $27,075 $185,989 $198,642 - $672,316 -
Undistributed Net income attributable to participating securities Undistributed Net income attributable to participating securities
45,679
45,679
45,679
45,679
 (2,016) (20) (4) (1,062) (39) (247) (202) (258) (789) (1,032)
Net income (loss) attributable to common stock
45,679
45,679
45,679
45,679
 198 5,521 2,207 14,277 27,036 185,742 198,440 260,352 671,527 1,041,408

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
Class A
-
-
-
-
 32,144,001 56,887,819 111,794,527 127,468,829 182,105,837 194,757,207 198,715,606 234,240,582 234,240,582 234,240,582
Class B
-
-
-
-
 240,308,490 216,664,088 164,607,288 151,532,787 99,997,149 89,663,773 87,291,446 59,473,463 59,473,463 59,473,463
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
 - $0.02 $0.01 $0.06 $0.10 $0.66 $0.70 $0.91 $2.37 $3.64
Net Income per diluted share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 - $0.02 $0.01 $0.06 $0.09 $0.63 $0.66 $0.87 $2.25 $3.48