WalkMe Ltd.
walkme.comNo Longer Reporting
The company has not filed an annual or quarterly report since its FY2023 20-F, filed Mar 18, 2024. Its latest SEC filing is a SC 13G/A from Nov 12, 2024.
20-F for FY2023, filed Mar 18, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Sells software that overlays companies’ applications with analytics, guidance and automation to help businesses, employees and customers navigate digital workflows.
20-F for FY2023, filed Mar 18, 2024WalkMe pioneered the world’s leading Digital Adoption Platform (DAP) so companies can effectively navigate the constant change brought on…View ↗
Using our unique, low/no code software implementation process, our platform overlays on any application to provide visibility into gaps…View ↗
WalkMe’s AI-driven Digital Adoption Platform, helps companies effectively navigate change brought on by technology. WalkMe sits on top of…View ↗
How Did They Make Money?
Customers pay for access to WalkMe’s hosted platform by subscription over the contract period; professional services are paid for as services are performed or over time.
20-F for FY2023, filed Mar 18, 2024The Company revenues are comprised from Software-as-a-Service (“SaaS”) subscriptions and professional services which are distinct and…View ↗
$267M
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20-F for FY2023, filed Mar 19, 2024
$267M ↗
Who Were Their Customers?
WalkMe serves larger enterprises across industries, including companies and public-sector organizations. It sells subscriptions primarily through its direct sales force and also sells with or through systems integrators and software vendors.
20-F for FY2023, filed Mar 18, 2024We serve a diverse set of customers across all major industries, including some of the world’s largest and most sophisticated enterprises.…View ↗
Our sales and marketing teams work together closely to drive awareness and adoption of our platform, accelerate customer acquisition and…View ↗
We sell subscriptions to our platform primarily through our direct sales force which is largely organized by territory and customer size…View ↗
We work with strategic systems integrators such as Accenture, Deloitte, IBM and Cognizant to sell with and/or through them to their…View ↗
Did Revenues Turn Into Profits?
Not on paper. It lost $59.1M in FY2023, but brought in more cash than it spent: $14.7M of free cash flow.
20-F for FY2023, filed Mar 19, 2024
−$64.9MView ↗
20-F for FY2023, filed Mar 19, 2024
−$59.1MView ↗
20-F for FY2023, filed Mar 19, 2024
$14.7MView ↗
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