Atlassian’s long history of financial losses continues into the company’s 21st year, despite strong revenue growth, posting quarterly revenue of US$939 million, up 24% on 12 months ago, in the fourth quarter of the 2023 financial year to June 30. The tech giant’s (NASDAQ: TEAM) quarterly operating loss grew too, up from US$42.3 million in… Read more »
Atlassian’s March quarter revenue has grown 24% on 12 months ago to $915 million (A$1.365bn), with subscription revenue up 37% to $761 million (A$1.136bn), but last year’s US$32.9 million profit has turned into an operating loss of US$161.6 million (A$240m) for Q3 in FY2023. The US-listed (NASDAQ: TEAM) Australian workplace software giant released its quarterly… Read more »
Nasdaq-listed Australian software giant Atlassian has seen its shares fall more than 10% in after hours trade following the release of its December quarter results, which posted a US$99.2 million loss. The loss compares to a rare profit of $23 million 12 months earlier. Now in its 21st year of operations, Atlassian has yet to… Read more »
US-based Australian tech giant Atlassian has seen revenue rise by nearly a third (31%) to US$807 million in the first quarter (Q1) of the 2023 financial year, but the 20-year-old business continues to post losses as growth begins to slow. Quarterly subscription revenue grew by 50% on 12 months ago, to US$651 million, but the… Read more »
Australian tech company Atlassian was famously started by Mike Cannon-Brookes and Scott Farquhar using $10,000 in credit card debt. The idea has since turned them into multi-billionaires. The NASDAQ-listed venture recently celebrated its 20th anniversary and this week celebrates posting another annual net loss of more than US$600 million (A860m). Atlassian (NASDAQ: TEAM) posted its… Read more »
Atlassian continues to grow rapidly, with quarterly revenue up 34% on 12 months ago. Releasing its first quarter FY22 results today, Nasdaq-listed Australian tech company posted revenue of US$614 million, with quarterly subscription revenue up 57% year-on-year to US$435 million. But the company’s losses remain equally impressive, with a net loss of US$400.1 million for… Read more »
Atlassian’s June quarter revenue is up 30% on 12 months ago to US$559.5 million (A$760m), but the losses continue for the 19-year-old software giant, which posted a US$213.1 million net loss for Q4 FY21. The revenue figure is a considerable beat on market expectations and the company’s own Q3 prediction of US$513m to $528m. The… Read more »
Shares in BNPL Zip crashed nearly 8% today after the company released its Q4 trading update. The fintech (ASX: Z1P) painted a rosy growth picture, but analyst nemesis UBS said the 4Q volumes “were below expectations” resulting in a “significant volume miss” compared to forecasts, with US momentum starting to slow. Zip closed at $6.99,… Read more »
ASX-listed Afterpay is contemplating a US listing as global sales for the third quarter of FY21 continue to boom. The buy-now-pay-later (BNPL) fintech (ASX:APT) beat market expectations, with underlying sales overall up 104% on 12 months ago, while underlying sales in the US and UK were up 167% and 246% respectively for Q3 FY21. Quarterly… Read more »
● Q2 quarterly revenue of $102m (up 88% YoY). ● BNPL December revenue $40.2m (up 94% YoY). ● Transaction volume of $1.6b (up 103% YoY). ● December transaction volume of $628.4m (up 104% YoY). Shares in buy-now-pay-later fintech Zip Co Ltd (ASX: Z1P) have jumped more than 12% in early trade on Thursday after the… Read more »
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