Revenue segments as reported by the company.

United States

International

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and Development

Sales and Marketing

General and Administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Asana

Asana, Inc. engages in developing a work management platform that helps teams orchestrate work, from daily tasks to cross-functional strategic initiatives. Its workflow solutions include project management, goal management, task management, Kanban boards, Excel project management, PRINCE2 methodology, and project planning. The company was founded by Dustin Moskovitz and Justin Michael Rosenstein on December 16, 2008 and is headquartered in San Francisco, CA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Asana reports robust Q1 performance, focuses on AI innovation

Asana's Q1 2023 Earnings Call highlighted strong financial performance, a focus on AI innovation, and the company's efforts to scale enterprise selling infrastructure. While facing challenges related to AI impact and market stabilization, Asana sees opportunities in customer expansion, industry diversification, and product innovation.

Asana reports strong Q2 results, focuses on AI monetization

Asana's Q2 performance reflects strong revenue growth and positive cash flow, driven by strategic enterprise deals and continued investment in AI. While facing challenges with customer cohorts and net expansion rates, the company is focused on monetizing AI features and seizing opportunities in the evolving AI landscape.

Asana reports 18% revenue growth and focuses on AI integration

Asana's Q3 2023 Earnings Call highlighted strong revenue growth, enterprise market success, and the introduction of AI-powered features. The company addressed challenges related to macroeconomic headwinds and renewal dynamics while emphasizing opportunities for early renewals and overdelivering on forecasts.

Asana reports strong revenue growth and navigates challenges for growth

Asana's Q4 performance reflects robust revenue growth, operational efficiency improvements, and strong customer retention strategies.
The company's strengths lie in its diverse market presence, innovation focus, and strategic investments for sustainable growth.
While facing challenges from macro uncertainties and leadership changes, Asana sees opportunities in scaling enterprise sales, product innovation, and margin improvement.
Overall, Asana's focus on customer expansion, operational excellence, and cautious optimism positions it well for continued growth and profitability.

Asana reports robust Q1 earnings, eyes AI integration and diversification

Asana's Q1 2024 performance reflects strong revenue growth, improved margins, and a commitment to AI integration and customer trust.
While facing challenges in short-term revenue acceleration and macroeconomic uncertainties, the company aims for positive free cash flow by 2024.
Opportunities lie in capitalizing on positive industry trends, pricing updates, and further diversification outside of tech sectors for sustained growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

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Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Asana, Inc. engages in the business of developing a work management platform that helps organizations orchestrate work from daily tasks to cross-functional strategic initiatives. The company was founded by Dustin Moskovitz and Justin Michael Rosenstein on December 16, 2008 and is headquartered in San Francisco, CA.

Asana, Inc. (NYSE:ASAN ) Q3 2023 Earnings Call Transcript December 1, 2022 4:30 PM ET Company Participants Catherine Buan - Investor Relations Dustin Moskovitz - Co-Founder & Chief Executive Officer Anne Raimondi - Chief Operating Officer & Head, Business Tim Wan - Chief Financial Officer Conference Call Participants Andrew DeGasperi - Berenberg Ittai Kidron - Oppenheimer Allan Verkhovski - Wolfe Research Steve Enders - Citi Brent Thill - Jefferies Sophie Lee - Morgan Stanley Brent Bracelin - Piper Sandler Jackson Ader - SVB Securities MoffettNathanson Jason Celino - KeyBanc Capital Markets Robert Simmons - D.A. Davidson Patrick Walravens - JMP Securities Rob Oliver - Baird Operator Good afternoon.

Asana, Inc. (ASAN) Q3 2023 Earnings Call Transcript

Asana Inc (NYSE: ASAN) shares are trading lower in Thursday's after-hours session after the company reported

Why Asana Shares Are Trading Sharply Lower After Hours - Asana (NYSE:ASAN)

Shares of workplace-management software provider Asana Inc. ASAN, -0.44% fell after-hours on Thursday after the company forecast fourth-quarter sales that came in below analyst estimates, saying "macroeconomic cross currents continue to impact the business in the near term." Management forecast fourth-quarter sales of between $144 million and $146 million, with an adjusted net loss of 27 to 28 cents a share.

Asana stock sinks after weaker-than-expected sales forecasts

SAN FRANCISCO--( BUSINESS WIRE )--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading work management platform for organizations, today reported financial results for its third quarter fiscal 2023 ended October 31, 2022.

Asana Announces Record Third Quarter Fiscal 2023 Revenues

Asana is a tech company that has an app and a web-based work project management tool. The stock has been pummeled this year, down over 76%.

Asana: The Safe Way To Buy Tech Is With A 35% Discount

Intel

The CEO is the person who usually knows the most about the company they are running. A good CEO usually works around the clock and gets access to financial data directly from the chief financial officer and other company insiders and market experts that is not available to the public.

2 Butchered Stocks CEOs Have Been Buying

SAN FRANCISCO--( BUSINESS WIRE )--Today Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading work management platform for organizations, was named a Leader by independent research firm Forrester in its report: The Forrester Wave™: Collaborative Work Management Tools, Q4 2022.

Asana Named a Leader in Collaborative Work Management Tools Report by Independent Research Firm

Asana has given up post-earnings gains in spite of the strong report. The results were good, but it was the CEO's big purchase that propelled the stock higher.

Asana: De-Risked Balance Sheet, 45% Revenue Growth, Positive Cash Flow By 2024

The software company's shares are down 70% this year.

Asana Cuts Staff 9%. Software Sector Layoffs Are Piling Up.

NEW YORK , Nov. 14, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Asana, Inc. (NYSE: ASAN). If you are a shareholder of Asana, Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm.com/asana-inc/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Asana, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

FiscalNote Holdings Inc

WASHINGTON--( BUSINESS WIRE )--FiscalNote Holdings, Inc. (NYSE: NOTE) (the “Company” or "FiscalNote"), a leading Al-driven enterprise SaaS provider of global policy and market intelligence, today announced financial results for the third quarter ended September 30, 2022.

FiscalNote Announces Third Quarter 2022 Financial Results

Shares of Asana have lost more than 75% of their market value since the start of the year. Growth rates have remained impeccable, above 50% y/y for the July quarter, though analysts have already started pricing in weak read-through from other SaaS names.

Asana: Now That This Is A Value Stock, Buy Up

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, announced today that it will release financial results for the third quarter of fiscal year 2023 on Thursday, December 1, after the close of the U.S. markets.

Asana to Announce Third Quarter Fiscal Year 2023 Financial Results on Thursday, December 1, 2022

WASHINGTON--(BUSINESS WIRE)--FiscalNote ESG Solutions' Equilibrium and Work Management Platform Leader Asana Announce Integration for Decarbonization & ESG Workflow Management

FiscalNote ESG Solutions' Equilibrium and Work Management Platform Leader Asana Announce Integration for Decarbonization and ESG Workflow Management

Asana's stock is down 80% in twelve months. Will the next twelve months be as bad? That's highly unlikely. The main bearish argument is that Asana is hugely unprofitable. How should investors think about this?

Asana: Not The Time To Get Bearish

SAN FRANCISCO--(BUSINESS WIRE)--Asana announced a new suite of features to automatically give enterprise leaders a holistic view of progress against strategic initiatives.

Asana Launches Enterprise-Grade Goals to Help Executives Maximize Resources, Drive Revenue

Asana has a huge market to capture, supported by microeconomic trends of remote/hybrid work. Asana will be resilient to the recession, supported by its secular growth, ability to move revenue upstream, and strong support from the CEO.

Asana: Grab The Stock While You Can

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, today announced it will host an investor event on Tuesday, October 11, 2022, at 3:00 p.m. PT/6:00 p.m. ET. The event will be held at Oracle Park, a Major League Baseball (MLB) Stadium, and home of the San Francisco Giants. Asana's COO, Anne Raimondi, will host Neil Boland, Senior Vice President, Technology & CISO of Major League Baseball, for a fireside chat. They will

Asana to Host Investor Event on October 11, 2022

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This year's market downturn has hit the IPO market hard.

Jim Cramer's 'dirty dozen' stocks that underscore the carnage in the IPO market

After some challenging months in 2022, investors of California-headquartered workforce-management software company Asana (NYSE: ASAN ) finally got some good news. For one thing, the company posted results indicating sizable big-client spending boosts.

Asana CEO's Confidence Offers Hope for ASAN Stock Investors

Dustin Moskovitz, co-founder of Meta Platforms' (NASDAQ: META ) Facebook and the current CEO of Asana (NYSE: ASAN ), is doubling down on ASAN stock. During the company's Q2 earnings report, Moskovitz announced that he would purchase $350 million worth of Asana in a private placement.

Why This Facebook Founder Is Doubling Down on a Hypergrowth Tech Stock

An insider buy and a strong earnings report continued to lift the software stock.

Why Asana Stock Popped Today

On 7th September, Asana reported its Q2 earnings, which came in ahead of consensus analyst expectations on both top and bottom lines. According to these results, the macroeconomic environment seems to be weighing heavily on Asana's growth, which is set to decelerate to ~40% in Q3 2022.

Asana Q2 FY2023: Dustin's Vote Of Confidence Overshadows Growth Deceleration

The workplace management specialist reported robust results and raised its guidance.

Why Asana Stock Exploded Higher This Week

Asana's (ASAN) second-quarter fiscal 2023 results reflect growth in revenues, driven by a customer-base expansion on product launches.

News for Asana Stock (ASAN)