Financial Snapshot

Revenue
$535.9M
TTM
Gross Margin
68.78%
TTM
Net Earnings
-$117.7M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
203.46%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$453.7M
Q3 2024
Cash
Q3 2024
P/E
-30.67
Sep 13, 2024 EST
Free Cash Flow
$10.27M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020
Revenue $471.8M $355.4M $238.0M $150.2M $96.36M
YoY Change 32.74% 49.32% 58.49% 55.86%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020
Revenue $471.8M $355.4M $238.0M $150.2M $96.36M
Cost Of Revenue $147.5M $115.8M $78.51M $54.51M $35.69M
Gross Profit $324.3M $239.6M $159.5M $95.68M $60.68M
Gross Profit Margin 68.73% 67.41% 67.02% 63.71% 62.97%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020
Selling, General & Admin $349.1M $290.5M $178.7M $98.62M $73.87M
YoY Change 20.19% 62.54% 81.2% 33.5%
% of Gross Profit 107.66% 121.22% 112.02% 103.07% 121.74%
Research & Development $119.9M $97.29M $59.03M $29.21M $20.34M
YoY Change 23.2% 64.81% 102.09% 43.63%
% of Gross Profit 36.96% 40.61% 37.01% 30.53% 33.52%
Depreciation & Amortization $6.963M $4.618M $2.800M $1.600M $600.0K
YoY Change 50.78% 64.93% 75.0% 166.67%
% of Gross Profit 2.15% 1.93% 1.76% 1.67% 0.99%
Operating Expenses $469.0M $387.7M $237.7M $127.8M $94.21M
YoY Change 20.95% 63.1% 85.97% 35.69%
Operating Profit -$144.7M -$148.1M -$78.21M -$32.15M -$33.53M
YoY Change -2.33% 89.41% 143.25% -4.12%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020
Interest Expense $15.62M $8.729M -$121.0K $720.0K $2.175M
YoY Change 78.98% -7314.05% -116.81% -66.9%
% of Operating Profit
Other Income/Expense, Net $16.22M $7.977M -$258.0K -$120.0K $48.00K
YoY Change 103.33% -3191.86% 115.0% -350.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020
Pretax Income -$128.5M -$140.2M -$78.33M -$31.43M -$31.36M
YoY Change -8.34% 78.93% 149.21% 0.24%
Income Tax $1.957M $583.0K -$165.0K $537.0K $452.0K
% Of Pretax Income
Net Earnings -$129.2M -$139.0M -$76.72M -$31.75M -$31.81M
YoY Change -7.05% 81.14% 141.62% -0.18%
Net Earnings / Revenue -27.38% -39.1% -32.23% -21.14% -33.01%
Basic Earnings Per Share -$1.32 -$1.47 -$2.20 -$1.77 -$1.96
Diluted Earnings Per Share -$1.32 -$1.47 -$2.20 -$1.77 -$1.96

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020
Cash & Short-Term Investments $476.1M $478.7M $514.1M $86.51M $91.96M
YoY Change -0.53% -6.89% 494.24% -5.93%
Cash & Equivalents $68.23M $68.59M $478.9M $28.51M $6.740M
Short-Term Investments $407.9M $410.1M $35.16M $58.00M $85.22M
Other Short-Term Assets $27.71M $23.11M $29.59M $12.67M $11.74M
YoY Change 19.92% -21.91% 133.45% 7.95%
Inventory
Prepaid Expenses
Receivables $92.26M $78.34M $64.50M $34.77M $23.27M
Other Receivables $5.032M $3.058M $0.00 $0.00 $0.00
Total Short-Term Assets $601.1M $583.2M $608.2M $134.0M $127.0M
YoY Change 3.08% -4.11% 354.01% 5.5%
Property, Plant & Equipment $110.5M $66.60M $7.393M $5.486M $2.550M
YoY Change 65.95% 800.85% 34.76% 115.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $67.16M $55.64M $50.68M $31.95M $23.55M
YoY Change 20.72% 9.77% 58.64% 35.69%
Total Long-Term Assets $209.8M $122.2M $58.08M $37.44M $26.10M
YoY Change 71.65% 110.47% 55.14% 43.45%
Total Assets $810.9M $705.4M $666.3M $171.4M $153.1M
YoY Change
Accounts Payable $6.321M $3.101M $2.083M $439.0K $1.211M
YoY Change 103.84% 48.87% 374.49% -63.75%
Accrued Expenses $73.16M $42.85M $25.47M $21.41M $8.541M
YoY Change 70.73% 68.23% 18.95% 150.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $289.4M $217.3M $160.0M $101.1M $64.27M
YoY Change 33.2% 35.84% 58.18% 57.37%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $77.08M $41.35M $1.478M $2.227M $1.432M
YoY Change 86.42% 2697.36% -33.63% 55.52%
Total Long-Term Liabilities $77.08M $41.35M $1.478M $2.227M $1.432M
YoY Change 86.42% 2697.36% -33.63% 55.52%
Total Liabilities $366.7M $260.1M $164.7M $105.7M $65.72M
YoY Change 40.99% 57.95% 55.84% 60.8%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020
Basic Shares Outstanding 98.10M shares 94.57M shares 34.90M shares 17.97M shares 16.19M shares
Diluted Shares Outstanding 98.10M shares 94.57M shares 34.90M shares 17.97M shares 16.19M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $3.6088 Billion

About Braze Inc

Braze, Inc. operates a customer relationship management platform for mobile applications. The company is headquartered in New York City, New York and currently employs 1,548 full-time employees. The company went IPO on 2021-11-17. The Company’s platform allows any marketer to collect and take action on any amount of data from any source, so they can engage with customers in real time, across channels from one platform. From cross-channel messaging and journey orchestration to artificial intelligence (Al)-powered experimentation and optimization, its platform enables companies to build and maintain engaging relationships with their customers. Its platform produces data that informs decisions and actions across customer engagement strategies. Its platform is also designed to serve the needs of customers across sizes, stages of growth, industries, and geographies. The company supports interactions across both in-product and out-of-product messaging channels. Braze Cloud Data Ingestion allows its customers to set up a direct connection between their data warehouses or platforms and Braze to automatically sync relevant data.

Industry: Services-Prepackaged Software Peers: Alarm.com Holdings Inc Clear Secure Inc EngageSmart, Inc. Instructure Holdings Inc Jamf Holding Corp NCR Voyix Corp Salesforce Inc Sprout Social Inc Workiva Inc