Added to YB: 2023-12-07
Pitch date: 2023-12-06
GTLB [neutral]
GitLab Inc.
-61.81%
current return
Author Info
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Company Info
GitLab Inc., together with its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific.
Market Cap
$4.5B
Pitch Price
$59.60
Price Target
N/A
Dividend
N/A
EV/EBITDA
-55.49
P/E
-78.53
EV/Sales
3.44
Sector
Software
Category
growth
Show full summary:
Thoughts on $GTLB Earnings
$GTLB beats on rev $150M (+32% YoY), ent cust w/ >$100K ARR +37% to 874. Ultimate tier 43% of ARR & >50% of bookings. DBNRR strong at 128%, RPO +40% YoY. 1st pos non-GAAP op margin 3.7%. FY rev guide +3% to +35% YoY. Valuation risk at 12x NTM sales, little room for error.
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