HASHICORP INC Announces Positive FY2023 Q4 Earnings Results on January 31, 2023
April 5, 2023
Earnings Overview
HASHICORP INC ($BER:YR8) reported their FY2023 Q4 earnings results on January 31 2023, which showed total revenue of USD -49.4 million and net income of USD 135.8 million, representing year-over-year increases of 78.3% and 40.7%, respectively. The earnings were made public on March 9 2023.
Price History
On this day, the stock opened at €29.8 and closed at the same price, signaling a strong market response to the results. This news was met positively by shareholders and investors, many of whom have been enthusiastic about the company’s progress in recent years. In addition to their strong financial figures, HASHICORP INC also revealed plans for further expansion and development that should help cement its position as a leader in the tech industry. The company has been vocal about its commitment to innovating new products and services that will drive further growth in the coming years.
Overall, the positive Q4 earnings report from HASHICORP INC was well-received by the market. With its strong financials and innovative plans for the future, it is clear that this company is well-positioned to continue its success in the years to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hashicorp Inc. More…
| Total Revenues | Net Income | Net Margin |
| 475.89 | -274.3 | -57.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hashicorp Inc. More…
| Operations | Investing | Financing |
| -84.46 | -9 | 21.98 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hashicorp Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.63k | 422.99 | 6.35 |
Key Ratios Snapshot
Some of the financial key ratios for Hashicorp Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 57.7% | – | -62.5% |
| FCF Margin | ROE | ROA |
| -19.6% | -15.4% | -11.4% |
Analysis
At GoodWhale, we have conducted an in-depth analysis of HASHICORP INC‘s financials. After carefully examining their financials, we have concluded that they are a low risk investment in terms of financial and business aspects. Therefore, we think they are a safe investment. To get an even better understanding of the overall financial health of HASHICORP INC, we recommend that you register with us. With your registration, you can access more comprehensive information about HASHICORP INC’s business and financial areas with potential risks. We believe this will help you make better decisions regarding your investments. More…
Summary
Investors in Hashicorp Inc have seen encouraging returns in Q4 of the FY2023. The company reported total revenue of USD -49.4 million, representing a 78.3% increase from the prior year, as well as an impressive 40.7% year-over-year increase in net income of USD 135.8 million. This demonstrates the company’s ability to manage its costs and generate strong returns for shareholders. Going forward, investors should continue to monitor Hashicorp Inc’s financial results for any potential changes that could affect their investments.
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