Atlassian Corporation (TEAM)- A quarter with higher revenue and lower margins

Atlassian Corporation (TEAM) Q3FY23

Introduction

Atlassian Corporation is a global software company that designs, develops, licenses, and maintains software and provisions software hosting services. Its products include Jira Software, Jira Align, Jira Service Management, Confluence, Trello, Atlassian Access and Bitbucket. Jira Software and Jira Work Management provide a flexible workflow management system that helps plan, organize, track and manage work and projects. Confluence is a social and flexible content collaboration platform used to create, share, organize, and discuss projects.

Trello is a collaboration and organization product. Jira Service Management is an intuitive and flexible service desk product for creating and managing services for information technology, legal, and human resources teams. 

-CNBC

 Highlights

Atlassian expects margins to continue to drop in the near term as the firm invests in sales and marketing, R&D, and as COGS stay high.

Stock performance

Over the past year, there has been a 5.16% decline in the stock price. However, in the past 3 months, the stock price has shown an upward trend and has given a return of 17.26%.
This is due to the strong financial performance, especially in the cloud and data center segments.

Atlassian Corporation stock price declined by 5.16% in past 1-year. The stock has a 52-week high of $300.29 and its 52-week low is $113.86.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 38

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