| 10-Q | 2020-06-30 | Filed 2020-08-06 |
| 10-Q | 2020-03-31 | Filed 2020-05-07 |
| 10-K | 2019-12-31 | Filed 2020-02-21 |
| 10-Q | 2019-09-30 | Filed 2019-11-07 |
| 10-Q | 2019-06-30 | Filed 2019-08-08 |
| 10-Q | 2019-03-31 | Filed 2019-05-08 |
| 10-K | 2018-12-31 | Filed 2019-02-19 |
| 10-Q | 2018-09-30 | Filed 2018-11-07 |
| 10-Q | 2018-06-30 | Filed 2018-08-08 |
| 10-Q | 2018-03-31 | Filed 2018-05-03 |
| 10-K | 2017-12-31 | Filed 2018-02-16 |
| 10-Q | 2017-09-30 | Filed 2017-11-02 |
| 10-Q | 2017-06-30 | Filed 2017-08-03 |
| 10-Q | 2017-03-31 | Filed 2017-05-04 |
| 10-K | 2016-12-31 | Filed 2017-02-21 |
| 10-Q | 2016-09-30 | Filed 2016-11-03 |
| 10-Q | 2016-06-30 | Filed 2016-08-04 |
| 10-Q | 2016-03-31 | Filed 2016-05-10 |
| 10-K | 2015-12-31 | Filed 2016-02-12 |
| 10-Q | 2015-09-30 | Filed 2015-11-06 |
| 10-Q | 2015-06-30 | Filed 2015-08-07 |
| 10-Q | 2015-03-31 | Filed 2015-05-08 |
| 10-K | 2014-12-31 | Filed 2015-02-12 |
| 10-Q | 2014-09-30 | Filed 2014-11-10 |
| 10-Q | 2014-06-30 | Filed 2014-08-12 |
| 10-Q | 2014-03-31 | Filed 2014-05-14 |
| 8-K | 2020-08-03 | Earnings, Officers, Exhibits |
| 8-K | 2020-07-15 | Officers, Exhibits |
| 8-K | 2020-06-22 | |
| 8-K | 2020-06-09 | |
| 8-K | 2020-05-11 | |
| 8-K | 2020-05-06 | |
| 8-K | 2020-03-20 | |
| 8-K | 2020-02-19 | |
| 8-K | 2019-12-18 | |
| 8-K | 2019-11-06 | |
| 8-K | 2019-10-31 | |
| 8-K | 2019-09-30 | |
| 8-K | 2019-08-07 | |
| 8-K | 2019-07-15 | |
| 8-K | 2019-06-11 | |
| 8-K | 2019-06-06 | |
| 8-K | 2019-06-05 | |
| 8-K | 2019-05-07 | |
| 8-K | 2019-03-06 | |
| 8-K | 2019-02-13 | |
| 8-K | 2018-12-06 | |
| 8-K | 2018-11-06 | |
| 8-K | 2018-10-15 | |
| 8-K | 2018-08-07 | |
| 8-K | 2018-08-06 | |
| 8-K | 2018-06-13 | |
| 8-K | 2018-05-02 | |
| 8-K | 2018-03-08 | |
| 8-K | 2018-02-22 | |
| 8-K | 2018-02-21 | |
| 8-K | 2018-02-20 | |
| 8-K | 2018-02-14 |
| Comps ($MM TTM) | Market Cap | Gross Margin | EV/EBITDA | Ret on Assets | Assets | Liabilities | Revenue | G Profit | Net Income | EBITDA | EV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nutanix (NTNX) | 4,920 | 76% | -7.3 | -41% | 1,866 | 1,803 | 1,238 | 935 | -756 | -640 | 4,683 |
| Nuance Communications (NUAN) | 4,785 | 57% | 13.3 | 4% | 5,366 | 3,193 | 1,823 | 1,043 | 214 | 480 | 6,368 |
| Smartsheet (SMAR) | 4,461 | 81% | -67.9 | -9% | 775 | 248 | 192 | 155 | -68 | -58 | 3,946 |
| Blackbaud (BLKB) | 4,435 | 54% | 46.0 | 1% | 1,710 | 1,329 | 884 | 479 | 20 | 101 | 4,668 |
| Pivotal Software (PVTL) | 4,133 | 68% | -42.0 | -5% | 1,939 | 575 | 577 | 395 | -93 | -79 | 3,311 |
| Sina (SINA) | 3,884 | 0% | 5,886 | 2,123 | 0 | 0 | 0 | 0 | 2,241 | ||
| ACI Worldwide (ACIW) | 3,810 | 53% | 16.7 | 3% | 3,341 | 2,282 | 1,178 | 630 | 99 | 307 | 5,119 |
| Q2 Holdings (QTWO) | 3,793 | 48% | -60.4 | -7% | 978 | 596 | 300 | 143 | -67 | -53 | 3,190 |
| New Relic (NEWR) | 3,762 | 83% | 633.9 | -5% | 1,150 | 776 | 543 | 452 | -61 | 6 | 3,514 |
| Teradata (TDC) | 3,644 | 50% | 23.7 | 1% | 1,979 | 1,651 | 1,993 | 996 | 14 | 152 | 3,600 |
| LogMeIn (LOGM) | 3,619 | 75% | 14.6 | 0% | 3,859 | 1,084 | 1,248 | 935 | 15 | 254 | 3,698 |
| Cornerstone OnDemand (CSOD) | 3,314 | 74% | 92.2 | -2% | 869 | 738 | 565 | 419 | -17 | 34 | 3,096 |
| Appian (APPN) | 3,306 | 64% | -63.3 | -17% | 319 | 166 | 256 | 163 | -53 | -50 | 3,140 |
| AppFolio (APPF) | 3,299 | 60% | 157.3 | 14% | 234 | 108 | 189 | 113 | 32 | 21 | 3,327 |
| Qualys (QLYS) | 3,094 | 59% | 31.2 | 10% | 626 | 265 | 311 | 185 | 63 | 97 | 3,017 |
| CyberArk Software (CYBR) | 2,742 | 0% | 674 | 207 | 0 | 0 | 0 | 0 | 2,480 | ||
| BlackLine (BL) | 2,630 | 79% | -208.4 | -3% | 976 | 575 | 271 | 213 | -30 | -10 | 2,102 |
| Box (BOX) | 2,595 | 69% | -35.2 | -14% | 844 | 823 | 513 | 354 | -114 | -69 | 2,434 |
| LivePerson (LPSN) | 2,538 | 73% | -43.7 | -14% | 492 | 329 | 213 | 156 | -69 | -53 | 2,333 |
| Altair Engineering (ALTR) | 2,468 | 71% | 109.0 | -1% | 717 | 371 | 335 | 239 | -6 | 22 | 2,452 |
| Balance Sheet ($MM) | 2014-03-31 | 2014-06-30 | 2014-09-30 | 2014-12-31 | 2015-03-31 | 2015-06-30 | 2015-09-30 | 2015-12-31 | 2016-03-31 | 2016-06-30 | 2016-09-30 | 2016-12-31 | 2017-03-31 | 2017-06-30 | 2017-09-30 | 2017-12-31 | 2018-03-31 | 2018-06-30 | 2018-09-30 | 2018-12-31 | 2019-03-31 | 2019-06-30 | 2019-09-30 |
| Cash | 87 | 95 | 72 | 68 | 94 | 69 | 75 | 67 | 55 | 53 | 52 | 55 | 43 | 34 | 40 | 58 | 258 | 179 | 214 | 110 | 112 | 585 | 603 |
| Accounts Receivable | 6 | 5 | 7 | 5 | 7 | 7 | 9 | 9 | 9 | 11 | 16 | 12 | 8 | 15 | 16 | 13 | 17 | 27 | 23 | 20 | 20 | 27 | 24 |
| Inventory | |||||||||||||||||||||||
| PP&E | 14 | 14 | 14 | 26 | 19 | 19 | 21 | 38 | 27 | 28 | 29 | 43 | 32 | 32 | 32 | 58 | 37 | 37 | 35 | 66 | 41 | 40 | 40 |
| Assets | 126 | 134 | 133 | 137 | 171 | 170 | 199 | 204 | 204 | 200 | 205 | 201 | 192 | 193 | 205 | 213 | 422 | 419 | 435 | 464 | 490 | 952 | 978 |
| Accounts Payable | 5 | 2 | 3 | 2 | 3 | 4 | 4 | 3 | 5 | 6 | 5 | 4 | 6 | 5 | 6 | 8 | 6 | 7 | 8 | 9 | 10 | 8 | 9 |
| Long-Term Debt | 6 | 2 | 0 | 0 | |||||||||||||||||||
| Liabilities | 51 | 49 | 52 | 58 | 62 | 63 | 75 | 86 | 92 | 93 | 103 | 101 | 91 | 93 | 103 | 106 | 267 | 260 | 275 | 305 | 338 | 566 | 596 |
| Stockholders' Equity | 75 | 85 | 81 | 79 | 109 | 106 | 123 | 118 | 112 | 107 | 102 | 100 | 100 | 100 | 103 | 107 | 155 | 158 | 160 | 159 | 152 | 386 | 382 |
| Income Statement ($MM) | 2014-03-31 | 2014-06-30 | 2014-09-30 | 2014-12-31 | 2015-03-31 | 2015-06-30 | 2015-09-30 | 2015-12-31 | 2016-03-31 | 2016-06-30 | 2016-09-30 | 2016-12-31 | 2017-03-31 | 2017-06-30 | 2017-09-30 | 2017-12-31 | 2018-03-31 | 2018-06-30 | 2018-09-30 | 2018-12-31 | 2019-03-31 | 2019-06-30 | 2019-09-30 |
| Revenue | 17 | 19 | 21 | 22 | 24 | 26 | 28 | 30 | 34 | 36 | 38 | 42 | 45 | 48 | 50 | 52 | 55 | 59 | 61 | 67 | 71 | 82 | 80 |
| Cost of Revenue | 10 | 11 | 12 | 13 | 13 | 14 | 15 | 17 | 18 | 19 | 20 | 21 | 23 | 24 | 26 | 27 | 27 | 29 | 30 | 35 | 37 | 40 | 40 |
| Gross Profit | 7 | 8 | 9 | 9 | 11 | 12 | 13 | 14 | 16 | 17 | 19 | 21 | 22 | 23 | 24 | 25 | 28 | 29 | 30 | 32 | 34 | 38 | 39 |
| R&D | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 7 | 8 | 8 | 8 | 9 | 10 | 10 | 10 | 11 | 11 | 12 | 13 | 16 | 18 | 19 | 20 |
| SG&A | 9 | 10 | 10 | 11 | 11 | 12 | 13 | 14 | 16 | 17 | 18 | 18 | 18 | 20 | 20 | 20 | 21 | 23 | 23 | 26 | 30 | 30 | 29 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | 0 | -3 | -0 | -0 | -0 |
| Net Income | -6 | -5 | -5 | -5 | -5 | -5 | -7 | -8 | -10 | -10 | -9 | -8 | -7 | -8 | -6 | -6 | -6 | -9 | -9 | -12 | -19 | -17 | -19 |
| Cash Flow ($MM) | 2014-03-31 | 2014-06-30 | 2014-09-30 | 2014-12-31 | 2015-03-31 | 2015-06-30 | 2015-09-30 | 2015-12-31 | 2016-03-31 | 2016-06-30 | 2016-09-30 | 2016-12-31 | 2017-03-31 | 2017-06-30 | 2017-09-30 | 2017-12-31 | 2018-03-31 | 2018-06-30 | 2018-09-30 | 2018-12-31 | 2019-03-31 | 2019-06-30 | 2019-09-30 |
| Cash Operating | -4 | 0 | -0 | -1 | -3 | 3 | 0 | 5 | 0 | -3 | 1 | 5 | -11 | 0 | 12 | 8 | -7 | -14 | 17 | -11 | -8 | 17 | |
| Cash Investing | -2 | -1 | -20 | -4 | -5 | -25 | -16 | -11 | 1 | -3 | -3 | -4 | -11 | -9 | 7 | -3 | -69 | 15 | 10 | 13 | -2 | ||
| Cash Financing | 74 | 8 | -2 | 1 | 34 | -2 | 22 | -1 | -1 | -1 | 1 | 2 | 3 | 3 | 3 | 3 | 207 | 4 | 3 | 3 | 467 | 3 | |