Fastly Inc - Understand $fsly stock

$FSLY Market Cap: $975.7 Million

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Financial Snapshot

Revenue

$531.5M

TTM

Gross Margin

54.16%

TTM

Net Earnings

-$164.9M

TTM

Current Assets

$451.0M

Q2 2024

Current Liabilities

$109.3M

Q2 2024

Current Ratio

412.58%

Q2 2024

Total Assets

$1.483B

Q2 2024

Total Liabilities

$501.5M

Q2 2024

Book Value

$981.2M

Q2 2024

Cash

$147.2M

Q2 2024

P/E

-5.919

Sep 18, 2024 EST

Free Cash Flow

-$41.28M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$506.0M	$432.7M	$354.3M	$290.9M	$200.5M	$144.6M	$104.9M
YoY Change	16.93%	22.12%	21.82%	45.1%	38.67%	37.81%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$506.0M	$432.7M	$354.3M	$290.9M	$200.5M	$144.6M	$104.9M
Cost Of Revenue	$239.7M	$222.9M	$167.0M	$120.0M	$88.32M	$65.50M	$48.67M
Gross Profit	$266.3M	$209.8M	$187.3M	$170.9M	$112.1M	$79.06M	$56.23M
Gross Profit Margin	52.64%	48.48%	52.87%	58.74%	55.94%	54.69%	53.6%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$307.9M	$300.7M	$279.5M	$203.3M	$112.2M	$73.58M	$58.27M
YoY Change	2.39%	7.58%	37.5%	81.17%	52.47%	26.28%
% of Gross Profit	115.59%	143.33%	149.2%	118.96%	100.05%	93.07%	103.63%
Research & Development	$152.2M	$155.3M	$126.9M	$74.81M	$46.49M	$34.62M	$28.99M
YoY Change	-2.01%	22.43%	69.57%	60.92%	34.3%	19.42%
% of Gross Profit	57.14%	74.03%	67.72%	43.78%	41.46%	43.78%	51.56%
Depreciation & Amortization	$72.03M	$42.60M	$28.80M	$19.98M	$16.55M	$13.40M	$9.642M
YoY Change	69.08%	47.92%	44.15%	20.7%	23.53%	38.98%
% of Gross Profit	27.04%	20.31%	15.37%	11.69%	14.76%	16.95%	17.15%
Operating Expenses	$460.0M	$456.0M	$406.3M	$278.1M	$158.7M	$108.2M	$87.26M
YoY Change	0.89%	12.21%	46.13%	75.24%	46.66%	24.0%
Operating Profit	-$193.7M	-$246.2M	-$219.0M	-$107.2M	-$46.55M	-$29.14M	-$31.03M
YoY Change	-21.32%	12.41%	104.29%	130.33%	59.75%	-6.1%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$14.14M	$5.887M	$5.245M	$1.549M	$5.236M	$1.810M	$1.116M
YoY Change	140.11%	12.24%	238.61%	-70.42%	189.28%	62.19%
% of Operating Profit
Other Income/Expense, Net	-$1.832M	-$29.00K	$356.0K	-$279.0K	-$2.561M	-$741.0K	-$539.0K
YoY Change	6217.24%	-108.15%	-227.6%	-89.11%	245.61%	37.48%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017
Pretax Income	-$133.3M	-$190.7M	-$222.6M	-$107.4M	-$51.06M	-$20.64M	-$23.37M
YoY Change	-30.09%	-14.35%	107.27%	110.37%	147.33%	-11.67%
Income Tax	-$221.0K	$100.0K	$100.0K	-$11.48M	$492.0K	$185.0K	$208.0K
% Of Pretax Income
Net Earnings	-$133.1M	-$190.8M	-$222.7M	-$95.93M	-$51.55M	-$30.94M	-$32.45M
YoY Change	-30.24%	-14.33%	132.14%	86.1%	66.64%	-4.67%
Net Earnings / Revenue	-26.3%	-44.09%	-62.85%	-32.98%	-25.72%	-21.4%	-30.93%
Basic Earnings Per Share	-$1.03	-$1.57	-$1.92	-$0.93	-$0.75
Diluted Earnings Per Share	-$1.03	-$1.57	-$1.92	-$0.93	-$0.75	-$340.7K	-$358.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$322.7M	$518.0M	$527.9M	$194.2M	$131.1M	$83.60M	$50.20M
YoY Change	-37.7%	-1.87%	171.81%	48.13%	56.82%	66.53%
Cash & Equivalents	$21.17M	$143.4M	$31.29M	$36.60M	$2.000M	$2.400M	$26.40M
Short-Term Investments	$280.3M	$374.6M	$361.8M	$136.3M	$117.5M	$48.70M	$20.90M
Other Short-Term Assets	$20.46M	$28.93M	$32.16M	$16.80M	$81.10M	$8.900M	$6.700M
YoY Change	-29.3%	-10.03%	91.43%	-79.28%	811.24%	32.84%
Inventory
Prepaid Expenses
Receivables	$120.5M	$89.58M	$64.63M	$50.30M	$37.10M	$24.70M	$19.10M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$463.7M	$636.5M	$624.6M	$261.3M	$249.3M	$117.3M	$75.90M
YoY Change	-27.15%	1.89%	139.05%	4.81%	112.53%	54.55%
Property, Plant & Equipment	$231.8M	$248.8M	$236.6M	$156.0M	$60.00M	$42.40M	$37.00M
YoY Change	-6.83%	5.17%	51.66%	160.0%	41.51%	14.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$6.088M	$165.1M	$528.9M
YoY Change	-96.31%	-68.78%
Other Assets	$90.16M	$92.62M	$29.38M	$45.00M	$10.10M	$2.200M	$2.200M
YoY Change	-2.66%	215.27%	-34.71%	345.54%	359.09%	0.0%
Total Long-Term Assets	$1.062B	$1.260B	$1.534B	$958.7M	$71.70M	$45.50M	$40.30M
YoY Change	-15.73%	-17.91%	60.05%	1237.1%	57.58%	12.9%
Total Assets	$1.525B	$1.896B	$2.159B	$1.220B	$321.0M	$162.8M	$116.2M
YoY Change
Accounts Payable	$5.611M	$4.786M	$9.257M	$9.200M	$4.600M	$2.300M	$4.100M
YoY Change	17.24%	-48.3%	0.62%	100.0%	100.0%	-43.9%
Accrued Expenses	$83.19M	$84.19M	$66.97M	$51.10M	$15.90M	$12.50M	$9.500M
YoY Change	-1.19%	25.72%	31.05%	221.38%	27.2%	31.58%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$15.68M	$28.95M	$21.13M	$11.00M	$4.500M	$11.40M	$1.800M
YoY Change	-45.83%	37.06%	92.05%	144.44%	-60.53%	533.33%
Total Short-Term Liabilities	$147.7M	$152.3M	$131.9M	$94.10M	$37.10M	$31.80M	$18.20M
YoY Change	-3.04%	15.51%	40.14%	153.64%	16.67%	74.73%
Long-Term Debt	$345.1M	$720.2M	$955.5M	$14.70M	$25.20M	$39.40M	$23.20M
YoY Change	-52.08%	-24.62%	6399.99%	-41.67%	-36.04%	69.83%
Other Long-Term Liabilities	$52.90M	$68.42M	$57.70M	$49.30M	$1.000M	$3.900M	$2.100M
YoY Change	-22.68%	18.58%	17.03%	4830.0%	-74.36%	85.71%
Total Long-Term Liabilities	$398.0M	$788.6M	$1.013B	$64.00M	$26.20M	$43.30M	$25.30M
YoY Change	-49.53%	-22.16%	1483.12%	144.27%	-39.49%	71.15%
Total Liabilities	$545.7M	$941.0M	$1.145B	$158.1M	$63.30M	$75.10M	$43.50M
YoY Change	-42.01%	-17.83%	624.27%	149.76%	-15.71%	72.64%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019
Basic Shares Outstanding	128.8M shares	121.7M shares	116.1M shares	103.6M shares	68.35M shares
Diluted Shares Outstanding	128.8M shares	121.7M shares	116.1M shares	103.6M shares	68.35M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $975.74 Million

About Fastly Inc

Fastly, Inc. provides real-time content delivery network services. The company is headquartered in San Francisco, California and currently employs 1,207 full-time employees. The company went IPO on 2019-05-17. The firm enables developers to deliver secure Websites and apps. The edge cloud is a category of Infrastructure as a Service (IaaS) that enables developers to build, secure, and deliver digital experiences at the edge of the Internet. Its network services are designed to speed up and optimize the delivery of Web and application traffic while ensuring developers and engineers do not lose visibility or control. The Company’s professional services include network services, managed security service, and response security service. The firm offers three levels of support plans and available technical support add-ons with dedicated technical specialists and account managers that provide extended security expertise.

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