Atlassian Corporation (TEAM) (Q4FY23)
Stock Performance: Over the past year, Atlassian Corporation’s stock price has seen a decline of 7.49%. The stock’s 52-week high is $215.77, while it’s 52- week low is $113.86. However, in the past three months, It has shown an upward trend, providing a return of 7.12%.
Q4FY23 results: Revenue for Q4 was $939mn, a 24% increase Y/Y. Operating Margin was -5% and Non-GAAP operating margin was 22%. GAAP EPS was ($0.36) for the quarter and Non-GAAP diluted EPS was $0.57 for the quarter.
Guidance: For Q1FY24, TEAM expects revenue to be $950mn to $970mn. Cloud revenue growth to be 25% to 27% Y/Y. The gross margin is expected to be ~81%. GAAP operating margin is expected to be ~(8.5%) and the non-GAAP operating margin is expected ~19.5%.
Atlassian’s subscription revenue grew 34% Y/Y in Q4FY23, driven by strong growth in cloud and data center subscriptions. Cloud revenue grew 38% Y/Y, while data center revenue grew 46% Y/Y.
This report is useful for M&A, business & investment analysis to all students, researchers, investors, private equity houses, broking firms, hedge funds, advisory firms and corporates to decide upon their investment strategies. Do connect with us, if you are looking for equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.
– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added 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
– Price Performance
Stock Price Performance
No of Pages: 35
To download the previous quarter’s equity/reports CLICK HERE
To Download other equity/reports CLICK HERE
Follow our LinkedIn page for more updates.