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Confluent, Inc. operates a data streaming platform in the United States and internationally. The company provides platforms that allow customers to connect their applications, systems, and data layers, such as Confluent Cloud, a managed cloud-native software-as-a-service; and Confluent Platform, an enterprise-grade self-managed software. It offers connectors for existing applications, and IT and cloud infrastructure; Apache Flink services that allows teams to create reusable data streams that can be delivered real-time; ksqlDB, a data-in-motion database that allows users to build data-in-motion applications using a few SQL statements; stream governance, a managed data governance suite that is designed for the intricacies of streaming data, which allows teams to accelerate data streaming initiatives without bypassing controls for risk management and regulatory compliance; and stream designer which builds streaming data pipelines visually. In addition, the company offers professional services comprising packaged and residency offerings; education offerings consisting of instructor-led and self-paced training and certification guidance, technical resources, and access to hands-on training and certification exams; and certification programs. It serves banking and financial services industries, as well as retail and e-commerce, manufacturing, automotive, communication service providers, gaming, public sector, insurance, and technology industries. The company was formerly known as Infinitem, Inc. and changed its name to Confluent, Inc. in September 2014. Confluent, Inc. was incorporated in 2014 and is headquartered in Mountain View, California.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Income before tax | -446.26M | -339.63M | -230.03M | -95.05M |
| Net income | -452.55M | -342.80M | -229.83M | -95.04M |
| Selling general administrative | 125.71M | 108.94M | 122.52M | 24.66M |
| Selling and marketing expenses | 456.45M | 319.33M | 166.36M | 115.79M |
| Gross profit | 383.53M | 250.57M | 161.10M | 100.44M |
| Reconciled depreciation | 7.62M | 3.63M | 1.57M | 1.20M |
| Ebit | -462.67M | -339.62M | -233.18M | -98.11M |
| Ebitda | -455.05M | -335.99M | -231.61M | -96.91M |
| Depreciation and amortization | 7.62M | 3.63M | 1.57M | 1.20M |
| Non operating income net other | - | -0.01M | - | - |
| Operating income | -462.67M | -339.62M | -233.18M | -98.11M |
| Other operating expenses | 1048.62M | 727.48M | 469.75M | 247.91M |
| Interest expense | -16.42M | 0.01M | 3.14M | 3.06M |
| Tax provision | 6.29M | 3.17M | -0.21M | -0.01M |
| Interest income | - | 2.02M | 4.11M | 2.49M |
| Net interest income | - | 2.02M | 4.11M | 2.49M |
| Income tax expense | 6.29M | 3.17M | -0.21M | -0.01M |
| Total revenue | 585.94M | 387.86M | 236.58M | 149.81M |
| Total operating expenses | 846.20M | 590.19M | 394.28M | 198.54M |
| Cost of revenue | 202.41M | 137.29M | 75.48M | 49.37M |
| Total other income expense net | 16.42M | -0.01M | 3.14M | 3.06M |
| Net income from continuing ops | -452.55M | -342.80M | -229.83M | -95.04M |
| Net income applicable to common shares | -452.55M | -342.80M | -229.83M | -95.04M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 2460.81M | 2344.85M | 2342.73M | 526.12M | 206.32M |
| Intangible assets | 55.49M | - | - | - | - |
| Other current assets | 76.99M | 57.23M | 72.56M | 0.51M | 0.55M |
| Total liab | 1650.39M | 1575.37M | 1492.45M | 832.37M | 337.08M |
| Total stockholder equity | 810.41M | 769.48M | 850.28M | -306.25M | -130.76M |
| Deferred long term liab | - | 68.40M | 51.18M | 33.30M | 18.14M |
| Other current liab | 141.85M | 105.33M | 110.44M | 38.76M | 8.95M |
| Common stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Capital stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Retained earnings | -1644.15M | -1201.40M | -748.85M | -406.05M | -176.22M |
| Other liab | - | 41.41M | 31.91M | 23.50M | 16.35M |
| Good will | 52.00M | - | - | - | - |
| Other assets | - | 88.16M | 64.95M | 43.43M | 20.38M |
| Cash | 349.76M | 435.78M | 1375.93M | 36.79M | 18.95M |
| Total current liabilities | 487.02M | 424.33M | 348.19M | 193.80M | 114.95M |
| Current deferred revenue | 330.57M | 290.19M | 220.92M | 142.90M | 84.16M |
| Net debt | 763.83M | 681.23M | -254.35M | 14.14M | -18.95M |
| Short term debt | 7.89M | 7.38M | 9.24M | 10.49M | 20.07M |
| Short long term debt total | 1113.59M | 1117.01M | 1121.58M | 50.93M | - |
| Other stockholder equity | 2453.29M | 1980.34M | 1599.96M | 99.58M | 45.26M |
| Property plant equipment | - | 58.57M | 51.71M | 54.99M | 2.87M |
| Total current assets | 2207.72M | 2198.12M | 2226.07M | 427.69M | 183.06M |
| Net tangible assets | - | 769.48M | 850.28M | -306.25M | -130.76M |
| Short term investments | 1551.01M | 1491.04M | 640.09M | 251.76M | 80.82M |
| Net receivables | 229.96M | 178.19M | 137.49M | 110.96M | 67.78M |
| Long term debt | 1088.31M | 1084.50M | 1080.70M | - | - |
| Inventory | - | 35.88M | - | 27.68M | 14.96M |
| Accounts payable | 6.71M | 21.44M | 7.59M | 1.65M | 1.77M |
| Accumulated other comprehensive income | 1.27M | -9.46M | -0.83M | 0.23M | 0.20M |
| Common stock total equity | - | - | 0.00M | 0.00M | 0.00M |
| Retained earnings total equity | - | - | -748.85M | - | - |
| Non currrent assets other | 133.53M | 88.16M | 64.95M | 43.43M | 20.38M |
| Non current assets total | 253.09M | 146.72M | 116.66M | 98.42M | 23.25M |
| Capital lease obligations | 25.28M | 32.51M | 40.88M | 50.93M | 0.00M |
| Long term debt total | - | - | 1080.70M | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Investments | -865.80M | -391.65M | -172.21M | 38.27M |
| Change to liabilities | 89.93M | 93.43M | 63.75M | 42.49M |
| Total cashflows from investing activities | -865.80M | -400.58M | -176.86M | 35.64M |
| Net borrowings | -0.79M | 1081.30M | 1081.30M | 1081.30M |
| Total cash from financing activities | 82.24M | 1844.51M | 276.76M | 13.43M |
| Change to operating activities | -79.91M | -39.02M | -47.88M | -16.99M |
| Net income | -452.55M | -342.80M | -229.83M | -95.04M |
| Change in cash | -940.90M | 1338.88M | 17.84M | -19.85M |
| Begin period cash flow | 1376.68M | 37.81M | 19.97M | 39.82M |
| End period cash flow | 435.78M | 1376.68M | 37.81M | 19.97M |
| Total cash from operating activities | -157.33M | -105.06M | -82.06M | -68.83M |
| Issuance of capital stock | 0.00M | 786.60M | 259.81M | 0.00M |
| Depreciation | 7.62M | 3.63M | 1.57M | 1.20M |
| Other cashflows from investing activities | - | 0.01M | 0.01M | 0.30M |
| Change to inventory | - | 18.90M | -9.76M | 2.68M |
| Change to account receivables | -42.08M | -32.52M | -41.61M | -27.12M |
| Sale purchase of stock | 40.94M | 18.97M | - | - |
| Other cashflows from financing activities | -0.37M | 1057.91M | 276.76M | 35.64M |
| Change to netincome | 278.52M | 185.34M | 155.92M | 17.76M |
| Capital expenditures | 14.46M | 8.94M | 4.65M | 2.93M |
| Change receivables | - | -32.52M | - | - |
| Cash flows other operating | - | 140.66M | - | - |
| Cash and cash equivalents changes | - | 1338.87M | - | - |
| Change in working capital | -32.06M | 21.89M | -25.75M | -1.62M |
| Stock based compensation | 277.66M | 155.62M | 143.34M | 18.62M |
| Other non cash items | 42.24M | 55.26M | 29.94M | 8.40M |
| Free cash flow | -171.79M | -114.00M | -86.71M | -71.76M |
Sector: Technology Industry: Software - Infrastructure
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MSFT Microsoft Corporation |
3.35 0.64% |
524.47 | 37.32 | 29.94 | 13.03 | 12.45 | 13.06 | 24.59 |
| ORCL Oracle Corporation |
-2.83 2.20% |
125.56 | 21.96 | 17.89 | 5.91 | 7.08 | 7.82 | 14.89 |
| CRWD Crowdstrike Holdings Inc |
-4.88 2.13% |
224.19 | 4849.80 | 188.68 | 46.01 | 47.24 | 43.89 | 559.34 |
| FTNT Fortinet Inc |
-0.67 0.52% |
127.43 | 60.27 | 43.86 | 16.80 | 80.50 | 16.11 | 43.33 |
Confluent, Inc. operates a data streaming platform in the United States and internationally. The company provides platforms that allow customers to connect their applications, systems, and data layers, such as Confluent Cloud, a managed cloud-native software-as-a-service; and Confluent Platform, an enterprise-grade self-managed software. It offers connectors for existing applications, and IT and cloud infrastructure; Apache Flink services that allows teams to create reusable data streams that can be delivered real-time; ksqlDB, a data-in-motion database that allows users to build data-in-motion applications using a few SQL statements; stream governance, a managed data governance suite that is designed for the intricacies of streaming data, which allows teams to accelerate data streaming initiatives without bypassing controls for risk management and regulatory compliance; and stream designer which builds streaming data pipelines visually. In addition, the company offers professional services comprising packaged and residency offerings; education offerings consisting of instructor-led and self-paced training and certification guidance, technical resources, and access to hands-on training and certification exams; and certification programs. It serves banking and financial services industries, as well as retail and e-commerce, manufacturing, automotive, communication service providers, gaming, public sector, insurance, and technology industries. The company was formerly known as Infinitem, Inc. and changed its name to Confluent, Inc. in September 2014. Confluent, Inc. was incorporated in 2014 and is headquartered in Mountain View, California.
899 West Evelyn Avenue, Mountain View, CA, United States, 94041
800 439 3207
2744
| Name | Title | Year Born |
|---|---|---|
| Mr. Edward Kreps | Co-Founder, Chairman & CEO | 1980 |
| Ms. Neha Narkhede | Co-Founder & Director | 1986 |
| Mr. Steffan C. Tomlinson | Chief Financial Officer | 1971 |
| Ms. Erica Ruliffson Schultz | Pres of Field Operations | 1974 |
| Mr. Jun Rao | Co-Founder | NA |
| Ms. Ying Liu | Chief Accounting Officer | NA |
| Ms. Melanie D. Vinson | Chief Legal Officer | 1971 |
| Mr. Simon Hayes | VP of Corp. & Bus. Devel. | NA |
| Ms. Stephanie Buscemi | Chief Marketing Officer | 1972 |
| Ms. Gunjan Aggarwal | Chief People Officer | NA |
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