Gitlab Inc (OQ:GTLB)

Business Focus: Software

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 268 BUSH STREET, #350
SAN FRANCISCO CA 94104
Tel: N/A
Website: https://about.gitlab.com
IR: See website
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Key People
Sytse Sijbrandij
Chairman of the Board, Chief Executive Officer, Co-Founder
Brian Robins
Chief Financial Officer
Sabrina Farmer
Chief Technology Officer
Ashley Kramer
Interim Chief Revenue Officer, Chief Marketing Officer and Strategy Officer
Robin J. Schulman
Chief Legal Officer, Head - Legal and Corporate Affairs, Corporate Secretary
 
Business Overview
GitLab Inc. provides DevSecOps Platform, a single application that brings together development, operations, information technology, security, and business teams. The DevSecOps Platform is built on a single codebase, unified data model, and user interface. The Company allows organizations to deploy the DevSecOps Platform as a self-managed offering in their own hybrid-cloud, or on-premises environments, and as a software as a service offering, it is hosted in either the public cloud or in a private cloud based on the customer's preference. The DevSecOps Platform enables its customers to move their DevOps workflow across any hybrid or multi-cloud environment. Its DevSecOps platform is used by teams of all sizes across a range of industries. It offers the DevSecOps Platform in three different subscription tiers, namely Free, Premium and Ultimate. It also offers an automated cloud-native application security testing solution to help customers identify and resolve application-layer risks.
Financial Overview
For the six months ended 31 July 2024, Gitlab Inc revenues increased 32% to $351.8M. Net loss decreased 59% to $41.7M. Revenues reflect Subscription'��self-managed segment increase of 29% to $215.2M, SaaS segment increase of 48% to $99.1M, United States segment increase of 32% to $286.9M, Europe segment increase from $25.2M to $56.5M. Lower net loss reflects Interest income increase of 51% to $24.9M (income).
Employees: 2,130 as of Jan 31, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $7,130M as of Jul 31, 2024
Annual revenue (TTM): $665.22M as of Jul 31, 2024
EBITDA (TTM): -$158.41M as of Jul 31, 2024
Net annual income (TTM): -$363.32M as of Jul 31, 2024
Free cash flow (TTM): $66.11M as of Jul 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 160,500,000 as of Aug 19, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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