Upwork

0.13 (1.09%)

NASDAQ:UPWK | Last traded on 11-15-2019 4:00 PM

Market Reaction

Offer Price

$15.00

Today Open Price

$12.09

Change Since IPO

Market Cap

$1.3B

Day High

$12.11

Day Low

$11.81

View Stock Chart

Featured Analysis

I am sad. A small company with not horrible financials selling at 7x trailing sales with a growth rate of only 24%. No.

Company Data

Location

Mountain View, CA

Valuation

$1.5B

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Founded

2015

Total Shares Offered

104,079,498

-

Employees

395

IPO Date

2018-10-03

Background Information

Upwork Inc. is an online collaboration platform for businesses to find and interact with subcontracted freelancers. "Freelancers" is a term that can include other independent organizations or individuals. The company offers a range of categories for businesses to choose from, including marketing, design, data analytics, and sales.

Financial Analysis

Years 2016 2017
Revenue growth -- 24%
Net profit margin -10%-2%
Valuation -- $1.5B
Revenue multiple -- 7x
Profit multiple ---375x

Financial Information

Income Statement ($M) 2016 2017
Revenue164203
Cost of goods sold6365
Gross profit102137
Total operating expense116140
EBIT(14)(3)
Pretax profit(16)(4)
Net income(16)(4)
Balance Sheet ($M) 2016 2017
Total current assets117144
Cash and cash equivalents2722
Total assets250275
Total current liabilities85115
Total liabilities101140
Total shareholder equity3031
Total liabilities and equity250275
Cash Flow Statement ($M) 20162017
Net cash from operating activities 3(4)
Net cash from investing activities (0.48)(2)
Net cash from financing activities 50.38
Net increase in cash and cash equivalents 8(6)