freshworks inc. - FRSH
FRSH
Close Chg Chg %
16.54 0.00 0.00%
Closed Market
16.54
0.00 (0.00%)
Volume: 6.45M
Last Updated:
Nov 22, 2024, 4:00 PM EDT
Company Overview: freshworks inc. - FRSH
FRSH Key Data
| Open $16.20 | Day Range 15.75 - 16.61 |
| 52 Week Range 10.81 - 24.98 | Market Cap $4.84B |
| Shares Outstanding 292.61M | Public Float 161.50M |
| Beta 0.72 | Rev. Per Employee N/A |
| P/E Ratio N/A | EPS -$0.34 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 5.44M |
FRSH Performance
| 1 Week | 5.15% | ||
| 1 Month | 42.34% | ||
| 3 Months | 38.41% | ||
| 1 Year | -12.44% | ||
| 5 Years | N/A |
FRSH Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
19
Full Ratings ➔
About freshworks inc. - FRSH
Freshworks, Inc. is a software development company, which engages in software-as-a-service products. Its products include Freshdesk, Freshservice, Freshsales, Freshmarketer, and Freshteam. The company was founded by Rathna Girish Mathrubootham and Shanmugam Krishnasamy in 2010 and is headquartered in San Mateo, CA.
FRSH At a Glance
Freshworks, Inc.
2950 South Delaware Street
San Mateo, California 94403
| Phone | 1-650-513-0514 | Revenue | 596.43M | |
| Industry | Packaged Software | Net Income | -137,436,000.00 | |
| Sector | Technology Services | 2023 Sales Growth | 19.766% | |
| Fiscal Year-end | 12 / 2024 | Employees | 4,900 | |
| View SEC Filings |
FRSH Valuation
| P/E Current | N/A |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | N/A |
| Price to Sales Ratio | 11.543 |
| Price to Book Ratio | 6.50 |
| Price to Cash Flow Ratio | 79.888 |
| Enterprise Value to EBITDA | -36.237 |
| Enterprise Value to Sales | 9.601 |
| Total Debt to Enterprise Value | 0.005 |
FRSH Efficiency
| Revenue/Employee | 121,720.816 |
| Income Per Employee | -28,048.163 |
| Receivables Turnover | 5.872 |
| Total Asset Turnover | 0.419 |
FRSH Liquidity
| Current Ratio | 4.073 |
| Quick Ratio | 4.073 |
| Cash Ratio | 3.63 |
FRSH Profitability
| Gross Margin | 82.669 |
| Operating Margin | -28.532 |
| Pretax Margin | -20.752 |
| Net Margin | -23.043 |
| Return on Assets | -9.648 |
| Return on Equity | -12.941 |
| Return on Total Capital | -12.474 |
| Return on Invested Capital | -12.614 |
FRSH Capital Structure
| Total Debt to Total Equity | 2.751 |
| Total Debt to Total Capital | 2.677 |
| Total Debt to Total Assets | 2.008 |
| Long-Term Debt to Equity | 2.499 |
| Long-Term Debt to Total Capital | 2.432 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Freshworks Inc. - FRSH
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 249.66M | 371.02M | 498.00M | 596.43M | |
Sales Growth
| +44.83% | +48.61% | +34.22% | +19.77% | |
Cost of Goods Sold (COGS) incl D&A
| 57.69M | 78.43M | 96.17M | 103.37M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 11.17M | 13.29M | 17.70M | 12.14M | |
Depreciation
| 6.87M | 8.99M | 16.11M | 11.84M | |
Amortization of Intangibles
| 4.30M | 4.30M | 1.59M | 303.00K | |
COGS Growth
| +42.94% | +35.95% | +22.62% | +7.48% | |
Gross Income
| 191.97M | 292.59M | 401.83M | 493.06M | |
Gross Income Growth
| +45.41% | +52.42% | +37.33% | +22.71% | |
Gross Profit Margin
| +76.89% | +78.86% | +80.69% | +82.67% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 247.88M | 497.37M | 635.20M | 663.24M | |
Research & Development
| 67.41M | 120.41M | 135.54M | 137.76M | |
Other SG&A
| 180.47M | 376.97M | 499.66M | 525.48M | |
SGA Growth
| +54.26% | +100.65% | +27.71% | +4.41% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| - | - | - | 200.00K | - |
EBIT after Unusual Expense
| (56.11M) | (204.78M) | (233.37M) | (170.17M) | |
Non Operating Income/Expense
| 2.83M | 23.30M | 12.58M | 46.40M | |
Non-Operating Interest Income
| 2.83M | 2.45M | 14.77M | 45.90M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| - | - | - | - | - |
Interest Expense Growth
| - | - | - | - | - |
Gross Interest Expense
| - | - | - | - | - |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| (53.28M) | (181.48M) | (220.79M) | (123.77M) | |
Pretax Income Growth
| -93.81% | -240.62% | -21.66% | +43.94% | |
Pretax Margin
| -21.34% | -48.91% | -44.34% | -20.75% | |
Income Tax
| 4.01M | 10.52M | 11.34M | 13.67M | |
Income Tax - Current - Domestic
| (12.00K) | 2.88M | 2.14M | 2.81M | |
Income Tax - Current - Foreign
| 6.39M | 9.55M | 11.61M | 12.18M | |
Income Tax - Deferred - Domestic
| - | - | - | - | - |
Income Tax - Deferred - Foreign
| (2.36M) | (1.91M) | (2.40M) | (1.32M) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| (57.29M) | (192.00M) | (232.13M) | (137.44M) | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| (57.29M) | (192.00M) | (232.13M) | (137.44M) | |
Net Income Growth
| -84.08% | -235.10% | -20.91% | +40.79% | |
Net Margin Growth
| -22.95% | -51.75% | -46.61% | -23.04% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| (57.29M) | (192.00M) | (232.13M) | (137.44M) | |
Preferred Dividends
| - | - | 1.56B | 2.65B | - |
Net Income Available to Common
| (1.62B) | (2.84B) | (232.13M) | (137.44M) | |
EPS (Basic)
| -5.6909 | -10.3868 | -0.8157 | -0.4689 | |
EPS (Basic) Growth
| -159.04% | -82.52% | +92.15% | +42.52% | |
Basic Shares Outstanding
| 284.28M | 273.29M | 284.59M | 293.09M | |
EPS (Diluted)
| -5.6909 | -10.3868 | -0.8157 | -0.4689 | |
EPS (Diluted) Growth
| -159.04% | -82.52% | +92.15% | +42.52% | |
Diluted Shares Outstanding
| 284.28M | 273.29M | 284.59M | 293.09M | |
EBITDA
| (44.74M) | (191.49M) | (215.67M) | (158.03M) | |
EBITDA Growth
| -99.66% | -327.97% | -12.63% | +26.73% | |
EBITDA Margin
| -17.92% | -51.61% | -43.31% | -26.50% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 18.333 | |
| Number of Ratings | 19 | Current Quarters Estimate | 0.102 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 0.39 | |
| Last Quarter’s Earnings | 0.11 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 0.26 | Next Fiscal Year Estimate | 0.519 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 18 | 16 | 18 | 18 |
| Mean Estimate | 0.10 | 0.12 | 0.39 | 0.52 |
| High Estimates | 0.12 | 0.14 | 0.40 | 0.57 |
| Low Estimate | 0.09 | 0.11 | 0.38 | 0.47 |
| Coefficient of Variance | 6.39 | 7.96 | 1.30 | 5.74 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 10 | 11 | 11 |
| OVERWEIGHT | 1 | 0 | 0 |
| HOLD | 8 | 8 | 7 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Freshworks Inc. - FRSH
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Freshworks Inc. - FRSH
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Jul 12, 2024 | Jennifer H. Taylor Director | 131,250 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jul 12, 2024 | Jennifer H. Taylor Director | 40,538 | Conversion of derivative security | 0.00 |
| Jul 12, 2024 | Jennifer H. Taylor Director | 35,853 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $12.28 per share | 440,274.84 |
| Jul 12, 2024 | Roxanne Schuh Austin Director | 229,409 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $12.49 per share | 2,865,318.41 |
| Jul 3, 2024 | Randy S. Gottfried Director | 40,684 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jul 3, 2024 | Barry L. Padgett Director | 26,957 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $12.91 per share | 348,014.87 |
| Jul 3, 2024 | Barry L. Padgett Director | 27,742 | Conversion of derivative security | 0.00 |
| Jul 3, 2024 | Francis J. Pelzer Director | 30,138 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jul 3, 2024 | Rathna Girish Mathrubootham EXECUTIVE CHAIRMAN; Director | 605,173 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Johanna Flower Director | 39,927 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jul 3, 2024 | Prakash Ramamurthy CHIEF PRODUCT OFFICER | 725,878 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 | 0.00 |
| Jul 3, 2024 | Prakash Ramamurthy CHIEF PRODUCT OFFICER | 737,639 | Conversion of derivative security | 0.00 |
| Jul 3, 2024 | Sameer K. Gandhi Director | 45,287 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jul 3, 2024 | Rathna Girish Mathrubootham EXECUTIVE CHAIRMAN; Director | 675,328 | Conversion of derivative security | 0.00 |
| Jul 3, 2024 | Zachary A. Nelson Director | 22,530 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $12.97 per share | 292,214.10 |
| Jul 3, 2024 | Zachary A. Nelson Director | 40,946 | Conversion of derivative security | 0.00 |
| Jul 3, 2024 | Zachary A. Nelson Director | 32,513 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jul 3, 2024 | Barry L. Padgett Director | 32,503 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jul 3, 2024 | Barry L. Padgett Director | 26,957 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $12.77 per share | 344,240.89 |
| Jul 3, 2024 | Roxanne Schuh Austin Director | 235,712 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $12.92 per share | 3,045,399.04 |