Company Quick10K Filing
Upwork
10-Q 2020-03-31 Filed 2020-05-06
10-K 2019-12-31 Filed 2020-03-02
10-Q 2019-09-30 Filed 2019-11-06
10-Q 2019-06-30 Filed 2019-08-07
10-Q 2019-03-31 Filed 2019-05-08
10-K 2018-12-31 Filed 2019-03-07
S-1 2018-09-06 Public Filing
8-K 2020-05-06 Earnings, Exhibits
8-K 2020-03-10 Officers
8-K 2020-02-26 Earnings, Exhibits
8-K 2020-01-24 Amend Bylaw
8-K 2019-12-03 Officers, Regulation FD, Exhibits
8-K 2019-11-06 Earnings, Exhibits
8-K 2019-08-07 Earnings, Exhibits
8-K 2019-07-09 Officers, Other Events
8-K 2019-06-05 Shareholder Vote
8-K 2019-05-03 Earnings, Officers, Exhibits
8-K 2019-03-18 Enter Agreement, Off-BS Arrangement
8-K 2019-02-25 Enter Agreement, Earnings, Off-BS Arrangement, Exhibits
8-K 2019-02-11 Officers
8-K 2018-11-07 Earnings, Exhibits

Upwork Financials

UPWK Metrics, Comps, Filings

Quarterly | Annual

Business

We are changing the way work gets done by connecting businesses with great talent to work without limits.

We operate the largest online marketplace, as measured by gross services volume ("GSV"),1 which enables businesses to find and work with highly-skilled freelancers. Freelancers are an increasingly sought-after, critical, and expanding segment of the global workforce. During the year ended December 31, 2018, our platform enabled $1.8 billion of GSV. We define freelancers as users of our platform that advertise and provide services to clients through our platform, and we define clients as users of our platform that work with freelancers through our platform.

For freelancers, we serve as a powerful marketing channel to find rewarding, engaging, and flexible work. Freelancers using our platform benefit from access to quality clients and secure and timely payments while enjoying the freedom to run their own businesses, create their own schedules, and work from their preferred locations. Moreover, freelancers have real-time visibility into opportunities that are in high demand, so that they can invest their time and focus on developing sought-after skills. Freelancers on our platform include independent professionals and agencies of varying sizes.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Sogou (SOGO) 2,173 0% 1,463 456 0 0 0 0 1,988
Globant (GLOB) 1,994 0% 437 99 0 0 0 0 1,994
Scientific Games (SGMS) 1,993 62% 12.9 2% 7,907 10,032 3,423 2,136 126 813 10,458
trivago (TRVG) 1,989 0% 1,096 242 0 0 0 0 1,825
Mindbody (MB) 1,912 70% -103.9 -7% 571 290 229 160 -39 -17 1,758
Yext (YEXT) 1,902 74% -16.5 -22% 486 273 281 209 -106 -100 1,645
NETSCOUT Systems (NTCT) 1,814 73% 21.0 -1% 3,069 1,129 883 641 -31 96 2,018
Allscripts Healthcare Solutions (MDRX) 1,783 41% 6.2 7% 3,230 1,949 1,763 722 222 415 2,575
CSG Systems (CSGS) 1,699 47% 14.7 5% 1,207 825 989 466 60 128 1,884
Bitauto (BITA) 1,652 0% 59,744 39,436 0 0 0 0 -3,089
Renren (RENN) 1,545 0% 437 256 0 0 0 0 1,523
Upwork (UPWK) 1,539 71% -345.4 -2% 430 167 222 157 -10 -4 1,488
Luxoft Holding (LXFT) 1,404 0% 604 134 0 0 0 0 1,300
Sykes Enterprises (SYKE) 1,300 35% 10.6 3% 1,374 536 1,189 422 41 117 1,232
Shutterstock (SSTK) 1,278 57% 17.9 3% 617 301 646 371 16 55 990
Ebix (EBIX) 1,274 66% 8.4 5% 1,605 1,022 571 376 84 133 1,125
Sohu.com (SOHU) 1,248 3% -0.5 -15% 3,445 1,682 1,432 39 -531 -196 89
Perficient (PRFT) 1,217 37% 22.9 5% 607 237 552 205 33 57 1,304
Virtusa (VRTU) 1,202 28% 13.9 3% 1,174 670 1,290 365 35 101 1,403
Nextgen Healthcare (NXGN) 1,067 52% 26.3 3% 573 182 532 277 16 39 1,016

Balance Sheet ($MM)2018-09-302018-12-312019-03-312019-06-302019-09-30
Cash27129496771
Accounts Receivable4222485132
Inventory
PP&E1518202528
Assets319392434449430
Accounts Payable52223
Long-Term Debt4924494720
Liabilities186148190191167
Stockholders' Equity-33244244258263
Income Statement ($MM)2018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue64697479
Cost of Revenue21212222
Gross Profit44485356
R&D14161616
SG&A31363942
Tax000
Net Income-7-5-2-3
Cash Flow ($MM)2018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-29230
Cash Investing-765-2
Cash Financing2611-23