Cash flow Smartsheet Inc.

Equities

SMAR

US83200N1037

Software

Market Closed - Nyse Other stock markets 04:00:02 2025-01-21 pm EST			5-day change	1st Jan Change
56.47 ^USD	+0.02%		+0.02%	+0.79%

Jan. 22	Smartsheet Inc.(NYSE:SMAR) dropped from S&P TMI Index	CI
Jan. 22	Smartsheet Inc.(NYSE:SMAR) dropped from S&P Global BMI Index	CI

c6c19f037.6N-5kICX2iOshZB0XuO2l0iLXKi-HQR_9CRW0IjdWI0.mObXxu7z63PmzNg4H5bs8wW_aOvcTl41onwY5vmZDLmGvsmk8_buVvjR4w

Published financial data: SMARTSHEET INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2020	2021	2022	2023	2024
Revenues	271M	386M	551M	767M	958M
Total Revenues	271M	386M	551M	767M	958M
Cost of Goods Sold, Total	52.83M	85.54M	116M	165M	186M
Gross Profit	218M	300M	434M	602M	772M
Selling General & Admin Expenses, Total	226M	301M	429M	615M	661M
R&D Expenses	95.47M	119M	165M	215M	234M
Other Operating Expenses, Total	322M	419M	594M	830M	895M
Operating Income	-104M	-119M	-160M	-228M	-123M
Interest Expense, Total	-250K	-114K	-	-	-
Interest And Investment Income	8.41M	1.44M	48K	7.74M	25.64M
Net Interest Expenses	8.16M	1.33M	48K	7.74M	25.64M
Currency Exchange Gains (Loss)	-212K	410K	-	-	-
Other Non Operating Income (Expenses)	-	-	-313K	1.1M	-1.5M
EBT, Excl. Unusual Items	-95.76M	-118M	-160M	-220M	-99.19M
Merger & Related Restructuring Charges	-69K	-977K	-27K	-	-
Gain (Loss) On Sale Of Investments	-	-	-500K	-	-
Asset Writedown	-	-	-	-1.54M	-1.45M
Insurance Settlements	-	-	-	8.4M	4.5M
Legal Settlements	-	-	-10M	-	-
EBT, Incl. Unusual Items	-95.83M	-119M	-171M	-213M	-96.14M
Income Tax Expense	114K	-3.75M	296K	2.85M	8.49M
Earnings From Continuing Operations	-95.94M	-115M	-171M	-216M	-105M
Net Income to Company	-95.94M	-115M	-171M	-216M	-105M
Net Income - (IS)	-95.94M	-115M	-171M	-216M	-105M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-95.94M	-115M	-171M	-216M	-105M
Net Income to Common Excl. Extra Items	-95.94M	-115M	-171M	-216M	-105M
Per Share Items
Net EPS - Basic	-0.85	-0.95	-1.36	-1.66	-0.78
Basic EPS - Continuing Operations	-0.85	-0.95	-1.36	-1.66	-0.78
Basic Weighted Average Shares Outstanding	113M	121M	126M	130M	135M
Net EPS - Diluted	-0.85	-0.95	-1.36	-1.66	-0.78
Diluted EPS - Continuing Operations	-0.85	-0.95	-1.36	-1.66	-0.78
Diluted Weighted Average Shares Outstanding	113M	121M	126M	130M	135M
Normalized Basic EPS	-0.53	-0.61	-0.8	-1.06	-0.46
Normalized Diluted EPS	-0.53	-0.61	-0.8	-1.06	-0.46
American Depositary Receipts Ratio (ADR)	0.12	0.12	0.12	0.12	0.12
Supplemental Items
EBITDA	-90.26M	-106M	-144M	-211M	-106M
EBITA	-101M	-113M	-160M	-218M	-113M
EBIT	-104M	-119M	-160M	-228M	-123M
EBITDAR	-76.05M	-86.16M	-122M	-185M	-88.8M
Total Revenues (As Reported)	271M	386M	551M	767M	958M
Effective Tax Rate - (Ratio)	-0.12	3.16	-0.17	-1.34	-8.83
Current Domestic Taxes	85K	115K	175K	2.12M	5.67M
Current Foreign Taxes	17K	63K	49K	1.08M	3.37M
Total Current Taxes	102K	178K	224K	3.2M	9.03M
Deferred Domestic Taxes	-	-4.02M	-	-	350K
Deferred Foreign Taxes	12K	84K	72K	-351K	-895K
Total Deferred Taxes	12K	-3.93M	72K	-351K	-545K
Normalized Net Income	-59.85M	-73.6M	-100M	-137M	-62M
Interest on Long-Term Debt	250K	114K	-	-	23K
Supplemental Operating Expense Items
Marketing Expenses	35.5M	31.6M	55.6M	77.9M	88.5M
Selling and Marketing Expenses	176M	230M	330M	479M	511M
General and Administrative Expenses	50.23M	70.47M	99.18M	136M	151M
Research And Development Expense From Footnotes	97.77M	122M	171M	223M	244M
Net Rental Expense, Total	14.2M	19.68M	21.96M	26.29M	17.02M
Imputed Operating Lease Interest Expense	800K	233K	-	-	-
Imputed Operating Lease Depreciation	13.4M	19.45M	-	-	-
Stock-Based Comp., COGS (Total)	2.65M	6.53M	10.06M	17.65M	20.54M
Stock-Based Comp., R&D Exp. (Total)	14.26M	25.07M	41.22M	62.16M	71.34M
Stock-Based Comp., S&M Exp. (Total)	12.94M	25.92M	40.63M	63.22M	73.54M
Stock-Based Comp., G&A Exp. (Total)	7.72M	14.5M	22.99M	33.51M	40.78M
Stock-Based Comp., Other (Total)	-	-	804K	1.41M	-
Total Stock-Based Compensation	37.56M	72.02M	116M	178M	206M

Fiscal Period: January	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	516M	442M	449M	223M	282M
Short Term Investments	50.53M	-	-	233M	347M
Total Cash And Short Term Investments	566M	442M	449M	456M	629M
Accounts Receivable, Total	56.86M	103M	151M	199M	239M
Other Receivables	-	-	-	1.1M	-
Total Receivables	56.86M	103M	151M	200M	239M
Prepaid Expenses	7.64M	13.39M	33.8M	49.66M	57.68M
Restricted Cash	-	130K	589K	404K	329K
Other Current Assets, Total	-	-	-	3.9M	6.35M
Total Current Assets	631M	558M	635M	710M	932M
Gross Property Plant And Equipment	106M	126M	128M	117M	110M
Accumulated Depreciation	-21.42M	-16.06M	-23.61M	-22.96M	-28.3M
Net Property Plant And Equipment	84.57M	110M	104M	93.67M	81.84M
Long-term Investments	-	-	-	-	-
Goodwill	16.5M	126M	126M	142M	141M
Other Intangibles, Total	15.16M	54.14M	44.1M	39.07M	27.96M
Deferred Charges Long-Term	48.26M	62.53M	91.31M	122M	149M
Other Long-Term Assets, Total	2.27M	1.45M	3.21M	3.18M	5.46M
Total Assets	798M	912M	1B	1.11B	1.34B
Liabilities
Accounts Payable, Total	7.72M	2.85M	1.51M	2.12M	2.94M
Accrued Expenses, Total	51.06M	65.12M	85.64M	95.78M	108M
Current Portion of Leases	15.48M	17.06M	18M	19.22M	16.26M
Unearned Revenue Current, Total	158M	223M	332M	458M	569M
Other Current Liabilities	1M	-	-	-	-
Total Current Liabilities	233M	308M	437M	575M	696M
Long-Term Leases	49.58M	71.92M	58.24M	47.56M	33.56M
Unearned Revenue Non Current	837K	1.31M	2.38M	2.2M	1.78M
Other Non Current Liabilities	-	3.9M	-	129K	434K
Total Liabilities	284M	385M	498M	625M	732M
Preferred Stock Convertible	-	-	-	-	-
Preferred Stock - Others	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Additional Paid In Capital	771M	898M	1.05B	1.24B	1.47B
Retained Earnings	-256M	-371M	-543M	-758M	-863M
Comprehensive Income and Other	-	-	-	101K	-146K
Total Common Equity	514M	527M	505M	486M	606M
Total Equity	514M	527M	505M	486M	606M
Total Liabilities And Equity	798M	912M	1B	1.11B	1.34B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	119M	124M	129M	133M	137M
ECS Total Common Shares Outstanding	118M	123M	128M	132M	137M
Book Value / Share	4.35	4.27	3.95	3.68	4.43
Tangible Book Value	482M	347M	335M	304M	436M
Tangible Book Value Per Share	4.08	2.82	2.62	2.31	3.19
Total Debt	65.06M	88.98M	76.24M	66.78M	49.81M
Net Debt	-501M	-353M	-373M	-390M	-579M
Debt Equivalent Oper. Leases	114M	157M	176M	210M	136M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	15.02M	17.29M	22.81M	19.48M	18.61M
Full Time Employees	1.59K	1.92K	2.54K	3.19K	3.33K
Part Time Employees	-	-	-	-	-
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	2.99M	6.93M	7.56M	6.28M	6.56M
Order Backlog	8.1M	35.1M	53.9M	69.1M	143M

Fiscal Period: January	2020	2021	2022	2023	2024
Net Income	-95.94M	-115M	-171M	-216M	-105M
Depreciation & Amortization - CF	10.69M	7.37M	16.06M	6.86M	6.71M
Amortization of Goodwill and Intangible Assets - (CF)	2.76M	6.29M	-	10.3M	10.8M
Depreciation & Amortization, Total	13.45M	13.66M	16.06M	17.16M	17.51M
Amortization of Deferred Charges, Total - (CF)	19.81M	34.29M	49.38M	54.79M	63.09M
(Gain) Loss From Sale Of Asset	-	268K	-	779K	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-2.77M	-12.55M
Asset Writedown & Restructuring Costs	-	-	-	1.54M	1.45M
Stock-Based Compensation (CF)	37.49M	71.75M	115M	177M	206M
Other Operating Activities, Total	8.05M	11.76M	15.95M	16.51M	16.72M
Change In Accounts Receivable	-25.96M	-43.11M	-48.58M	-47.6M	-43.91M
Change In Accounts Payable	3.59M	-4.92M	-1.33M	154K	828K
Change in Unearned Revenues	61.65M	60.53M	111M	124M	111M
Change in Other Net Operating Assets	-33M	-44.9M	-89.47M	-102M	-97.62M
Cash from Operations	-10.87M	-15.65M	-3.51M	23.59M	158M
Capital Expenditure	-5.15M	-4.18M	-10.56M	-6.14M	-2.56M
Sale of Property, Plant, and Equipment	-	1.25M	-	217K	42K
Cash Acquisitions	-26.66M	-125M	-	-20.34M	-
Sale (Purchase) of Intangible assets	-6.7M	-7.61M	-6.74M	-7.66M	-10.78M
Investment in Marketable and Equity Securities, Total	-51.53M	50.53M	-1M	-230M	-100M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-90.04M	-85.06M	-18.3M	-264M	-114M
Long-Term Debt Repaid, Total	-4.17M	-4.13M	-	-	-34K
Total Debt Repaid	-4.17M	-4.13M	-	-	-34K
Issuance of Common Stock	407M	32.13M	36.51M	18.23M	21.66M
Repurchase of Common Stock	-	-2.15M	-6.17M	-4.18M	-7.1M
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	-798K	-59K	-	-	-
Cash from Financing	402M	25.79M	30.34M	14.06M	14.52M
Foreign Exchange Rate Adjustments	-25K	471K	-1.2M	334K	-32K
Net Change in Cash	301M	-74.44M	7.33M	-226M	58.68M
Supplemental Items
Cash Interest Paid	243K	114K	-	-	11K
Cash Income Tax Paid (Refund)	106K	168K	196K	551K	12.08M
Levered Free Cash Flow	48.81M	54.67M	123M	161M	271M
Unlevered Free Cash Flow	48.97M	54.74M	123M	161M	271M
Change In Net Working Capital	-54.82M	-21.24M	-59.42M	-67.83M	-74.78M
Net Debt Issued / Repaid	-4.17M	-4.13M	-	-	-34K

Fiscal Period: January	2020	2021	2022	2023	2024
Profitability
Return on Assets	-11.72	-8.74	-10.45	-13.52	-6.3
Return on Total Capital	-17.24	-12.5	-16.71	-25.2	-12.76
Return On Equity %	-28.17	-22.09	-33.17	-43.54	-19.17
Return on Common Equity	-28.17	-22.09	-33.17	-43.54	-19.17
Margin Analysis
Gross Profit Margin %	80.5	77.81	78.86	78.45	80.54
SG&A Margin	83.54	78.01	77.87	80.18	68.99
EBITDA Margin %	-33.32	-27.45	-26.13	-27.56	-11.04
EBITA Margin %	-37.26	-29.37	-29.05	-28.45	-11.74
EBIT Margin %	-38.28	-31	-29.05	-29.79	-12.87
Income From Continuing Operations Margin %	-35.42	-29.82	-31.06	-28.12	-10.92
Net Income Margin %	-35.42	-29.82	-31.06	-28.12	-10.92
Net Avail. For Common Margin %	-35.42	-29.82	-31.06	-28.12	-10.92
Normalized Net Income Margin	-22.09	-19.09	-18.19	-17.9	-6.47
Levered Free Cash Flow Margin	18.02	14.18	22.38	21.01	28.3
Unlevered Free Cash Flow Margin	18.08	14.2	22.38	21.01	28.3
Asset Turnover
Asset Turnover	0.49	0.45	0.58	0.73	0.78
Fixed Assets Turnover	5.06	3.97	5.16	7.76	10.92
Receivables Turnover (Average Receivables)	6.22	4.83	4.34	4.39	4.38
Short Term Liquidity
Current Ratio	2.71	1.81	1.45	1.24	1.34
Quick Ratio	2.67	1.77	1.37	1.14	1.25
Operating Cash Flow to Current Liabilities	-0.05	-0.05	-0.01	0.04	0.23
Days Sales Outstanding (Average Receivables)	58.64	75.72	84.08	83.24	83.29
Average Days Payable Outstanding	42.76	22.62	6.83	4.01	4.95
Long Term Solvency
Total Debt/Equity	12.66	16.89	15.1	13.75	8.22
Total Debt / Total Capital	11.23	14.45	13.12	12.09	7.6
LT Debt/Equity	9.64	13.65	11.54	9.79	5.54
Long-Term Debt / Total Capital	8.56	11.68	10.02	8.61	5.12
Total Liabilities / Total Assets	35.56	42.21	49.66	56.26	54.7
EBIT / Interest Expense	-414.82	-1.05K	-	-	-
EBITDA / Interest Expense	-304.21	-755.75	-	-	-
(EBITDA - Capex) / Interest Expense	-324.82	-792.38	-	-	-
Total Debt / EBITDA	-0.86	-1.03	-0.62	-0.36	-0.56
Net Debt / EBITDA	6.59	4.1	3.06	2.11	6.52
Total Debt / (EBITDA - Capex)	-0.8	-0.99	-0.58	-0.35	-0.55
Net Debt / (EBITDA - Capex)	6.17	3.91	2.81	2.04	6.34
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	52.42	42.32	42.88	39.23	24.96
Gross Profit, 1 Yr. Growth %	51.56	37.57	44.8	38.51	28.3
EBITDA, 1 Yr. Growth %	90.49	14.35	36	48.99	-47.85
EBITA, 1 Yr. Growth %	84.97	12.15	33.9	45.55	-46.36
EBIT, 1 Yr. Growth %	88.27	15.23	33.9	42.8	-43.96
Earnings From Cont. Operations, 1 Yr. Growth %	78.05	19.84	48.81	26.03	-51.48
Net Income, 1 Yr. Growth %	78.05	19.84	48.81	26.03	-51.48
Normalized Net Income, 1 Yr. Growth %	78.68	22.97	36.11	36.62	-53.04
Diluted EPS Before Extra, 1 Yr. Growth %	31.01	12.22	42.92	21.73	-53.08
Accounts Receivable, 1 Yr. Growth %	88.46	80.52	47.24	31.43	20.17
Net Property, Plant and Equip., 1 Yr. Growth %	275.2	29.71	-5.19	-9.94	-12.63
Total Assets, 1 Yr. Growth %	158.37	14.3	9.98	10.71	20.47
Tangible Book Value, 1 Yr. Growth %	202.13	-28.03	-3.49	-9.22	43.48
Common Equity, 1 Yr. Growth %	207.84	2.5	-4.2	-3.79	24.75
Cash From Operations, 1 Yr. Growth %	280.74	43.96	-77.56	-771.64	569.31
Capital Expenditures, 1 Yr. Growth %