Freshworks Inc (OQ:FRSH)

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 2950 S. Delaware St., Suite 201
SAN MATEO CA 94403
Tel: 1-650-9885699
Website: https://www.freshworks.com
IR: See website
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Key People
Rathna Girish Mathrubootham
Chairman of the Board, Chief Executive Officer, Co-Founder
Dennis M. Woodside
President, Director
Tyler Sloat
Chief Financial Officer
Johanna Jackman
Chief People Officer
Stacey Epstein
Chief Marketing Officer
Srinivasagopalan Ramamurthy
Chief Product Officer
Pradeep Rathinam
Chief Revenue Officer
   
Business Overview
Freshworks Inc. is a software development company that provides modern software-as-a-service (SaaS) products. It provides solutions that serve customer experience (CX), information technology service management (ITSM), customer relationship management (CRM), sales and marketing, and human resource (HR) management. Its CX products include Freshdesk Support Desk, Freshdesk Contact Center, Freshdesk Omnichannel Suite, and Freshdesk Customer Success. Its sales and marketing products include Freshsales, Freshmarketer, and Freshsales Suite. Its ITSM product, Freshservice is a service management solution that integrates several traditionally disparate technologies, such as information technology (IT) service management, IT operations management, IT asset management, project and portfolio management, and enterprise service management, into a single unified solution. Its Freshworks Neo platform provides shared services that enable the release of new products.
Financial Overview
For the six months ended 30 June 2023, Freshworks Inc revenues increased 20% to $282.8M. Net loss decreased 34% to $78.3M. Revenues reflect Northern America segment increase of 24% to $125.3M, Europe, Middle East and Africa segment increase of 17% to $109.2M. Lower net loss reflects Interest Income - Non-Bank increase from $2.9M to $20.5M (income), Other Non-Operating Income/Expense increase from $2.6M (expense) to $173K (income).
Employees: 5,400 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $4,581M as of Jun 30, 2023
Annual revenue (TTM): $544.70M as of Jun 30, 2023
EBITDA (TTM): -$198.37M as of Jun 30, 2023
Net annual income (TTM): -$191.64M as of Jun 30, 2023
Free cash flow (TTM): $23.98M as of Jun 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 293,566,813 as of Jul 28, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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