Have you ever heard of MongoDB (ticker symbol: MDB), a U.S. stock?
MongoDB is a company that develops general-purpose database platforms.
This time, I would like to introduce the company’s financial results for the period from November 2020 to January 2021, which were announced on March 9, 2021.
November 2020 – January 2021
EPS: -33¢ vs. forecast of -39¢.
Net sales: $171 million vs. forecast of $157 million.
Sales growth was 38.4% YoY.
Subscription sales were $164 million, up 39% year over year.
Services revenue was $7.1 million, up 24% year-over-year.
Gross profit was $120 million.
Operating cash flow was -$18.6 million.
Free cash flow was -$20.7 million. Free cash flow for the same period last year was -$10.9 million.