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SMAR Price Correlated With Financials For Smartsheet

Free historical financial statements for Smartsheet Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 16 quarters since 2018. Compare with SMAR stock chart to see long term trends.

SMAR Stock Compared to Quarterly

SMAR Income Statement

Revenue, Net:157386000
Revenue Per Share:1.2234
Cost of Goods & Services Sold:33020000
Gross Profit:124366000
Selling, General & Admin Expense:98138000
Research & Development Expense:48736000
Total Operating Expenses:176511000
Operating Income:-51719000
Income Taxes:82000
Net Income:-53139000
Earnings Per Share, Basic:-0.42
Shares Outstanding, Basic Avg:128643370

SMAR Cash Flow

Operating Activities Net Income:
Change in Accounts Receiveable:44871000
Net Cash from Operations:-152000
Net Cash from Operations Per Share:-0.0012
Net Cash from Financing Activities:13113000
Property, Plant & Equipment Purchases:1394000
Net Cash from Investing Activities:-2622000
Net Change in Cash & Equivalents:9276000

SMAR Balance Sheet

Cash and Cash Equivalents:449680000
Accounts Receivable, Net:151138000
Total Current Assets:634602000
Property, Plant & Equipment, Net:36835000
Total Assets:1002832000
Accounts Payable:1506000
Total Short-Term Liabilities:437439000
Total Liabilities:498053000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
McIlwain Matthew S   Director
10,000 sh at $50
$496,218
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group Inc
11,326,756 sh
66,327 sh
1%
$620,480
-$251,640
Blackrock Inc.
5,431,966 sh
-55,283 sh
-1%
$297,565
-$127,423
Alkeon Capital Management LLC
3,202,240 sh
-101,156 sh
-3%
$175,418
-$63,483
Dorsey Asset Management, LLC
3,009,153 sh
203,696 sh
7%
$164,841
-$52,442
Alliancebernstein L.P.
2,827,292 sh
594,236 sh
27%
$154,879
-$18,071
Tremblant Capital Group
2,142,287 sh
700,698 sh
49%
$117,354
$5,703
Timessquare Capital Management, LLC
1,945,000 sh
-10,750 sh
-1%
$106,547
-$44,926
Champlain Investment Partners, LLC
1,819,695 sh
17,232 sh
1%
$99,683
-$39,918
Federated Hermes, Inc.
1,774,300 sh
 
$97,196
Allianz Asset Management Gmbh
1,760,676 sh
1,760,676 sh
NEW
$96,449
$96,449
JPMorgan Chase & Co
1,742,376 sh
-1,052,704 sh
-38%
$95,448
-$121,029
Geode Capital Management, LLC
1,567,477 sh
62,339 sh
4%
$85,866
-$30,706
Clearbridge Investments, LLC
1,445,305 sh
49,637 sh
4%
$79,174
-$28,920
Charles Schwab Investment Management Inc
1,005,936 sh
31,554 sh
3%
$55,106
-$20,360
New York State Common Retirement Fund
991,607 sh
13,655 sh
1%
$54,320
-$21,422
Duquesne Family Office LLC
961,722 sh
571,711 sh
147%
$52,683
$22,477
Jennison Associates LLC
943,051 sh
125,517 sh
15%
$51,660
-$11,658
Victory Capital Management Inc
821,425 sh
111,091 sh
16%
$44,762
-$10,253
First Trust Advisors Lp
766,764 sh
22,723 sh
3%
$42,003
-$15,623
Jeneq Management, Lp
708,606 sh
708,606 sh
NEW
$38,817
$38,817
COMPANY PROFILE
Overview and Basis of Presentation Description of business

Smartsheet Inc. (the “Company,” “we,” “our”) was incorporated in the State of Washington in 2005, and is headquartered in Bellevue, Washington. The Company is a leading enterprise platform for dynamic work, enabling teams and organizations of all sizes to plan, capture, manage, automate, and report on work at scale, resulting in more efficient processes and better business outcomes. Customers access their accounts online via a web-based interface or a mobile application. Some customers also purchase the Company’s professional services, which primarily consist of consulting and training services.

Collapse of dual class common stock structure

On September 19, 2019, all outstanding shares of the Company’s Class B common stock automatically converted into the same number of shares of the Company's Class A common stock, pursuant to the terms of the Company's amended and restated articles of incorporation (the “Articles”). No additional shares of Class B common stock will be issued following this conversion.

The conversion occurred pursuant to the Articles, which provide that each share of Class B common stock would convert automatically, without further action by the Company, into one share of Class A common stock at the close of business on the date on which the outstanding shares of Class B common stock represented less than 15% of the aggregate number of shares of Class A common stock and Class B common stock then outstanding. In accordance with the Articles, the shares of Class B common stock that converted as a result of the automatic conversion were retired and will not be reissued by the Company.

Follow-on offering

On June 14, 2019, we completed a public equity offering in which we issued and sold 9,025,000 shares of Class A common stock, inclusive of the exercised over-allotment option, at a public offering price of $43.50 per share. In addition, 5,810,000 shares of the Company’s common stock were sold by selling shareholders of the Company, inclusive of the over-allotment, as part of this offering. We received net proceeds of $379.0 million after deducting underwriting discounts and commissions of $12.8 million and other issuance costs of $0.9 million. We did not receive any proceeds from the sale of common stock by selling shareholders.

Basis of presentation

The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in th e United States of America (“GAAP”), and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding financial reporting. The Company’s fiscal year ends on January 31.

The consolidated financial statements include the results of Smartsheet Inc. and its wholly owned subsidiaries, which are located in the United States, the United Kingdom, Australia, Germany, and Costa Rica. All intercompany balances and transactions have been eliminated upon consolidation.

In the opinion of management, the information contained herein reflects all adjustments necessary for a fair presentation of our consolidated financial statements. All such adjustments are of a normal, recurring nature.

Use of estimates

The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. The Company bases its estimates on historical experience and on other assumptions that its management believes are reasonable under the circumstances. Actual results could differ from those estimates. The Company’s most significant estimates and judgments involve revenue recognition with respect to the allocation of transaction consideration for the Company’s offerings

Data imported from Smartsheet Inc SEC filings. Check original filings before making any investment decision.