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Yahoo
21-05-2025
- Business
- Yahoo
Domo Announces First Quarter Fiscal 2026 Financial Results
SILICON SLOPES, Utah, May 21, 2025--(BUSINESS WIRE)--Domo, Inc. (Nasdaq: DOMO) today announced results for its fiscal first quarter ended April 30, 2025. Fiscal First Quarter Results Total revenue was $80.1 million Subscription revenue was $71.4 million Billings were $63.9 million Subscription Remaining Performance Obligations (RPO) was $408.2 million as of April 30, 2025, an increase of 24% year over year Subscription RPO expected to be recognized beyond twelve months was $182.3 million as of April 30, 2025, an increase of 61% year over year Net cash provided by operating activities was $4.0 million, an increase of 108% year over year Adjusted free cash flow was $1.3 million, an increase of 159% year over year GAAP operating margin was negative 18%, an increase of 9 percentage points year over year Non-GAAP operating margin was positive 1%, an increase of 10 percentage points year over year GAAP net loss was $18.1 million, and GAAP net loss per share was $0.45, based on 39.7 million weighted-average shares outstanding Non-GAAP net loss was $3.6 million, and non-GAAP net loss per share was $0.09, based on 39.7 million weighted-average shares outstanding Cash and cash equivalents were $47.2 million as of April 30, 2025 "Our Q1 momentum is proof positive that our strategy is fueling powerful, innovative solutions for our customers," said Josh James, founder and CEO, Domo. "We're not just keeping pace in the fast-moving world of data and AI—we're leading the charge. These standout results show our reconfigured model is working, and I'm more confident than ever in our trajectory and the bright future ahead. We believe we've turned the corner, and we should be able to deliver profitable, sustainable growth going forward." Recent Highlights We believe the following announcements and recognitions demonstrate our commitment to product innovation and customer value: Domo was the top ranked vendor in three Dresner Advisory Services' market reports: 2025 Wisdom of Crowds® Cloud Computing and Business Intelligence (BI) Market Study (ninth consecutive year), 2025 Self-Service BI Market Study (seventh consecutive year), and 2025 Collective Insights Report (fourth year). CRN® recognized Domo on its 2025 Big Data 100 list in the Big Data Business Analytics category. Business Outlook Based on information available as of May 21, 2025, Domo is providing the following guidance for its second quarter of fiscal 2026 and full year fiscal 2026: Q2 Fiscal 2026 Revenue is expected to be in the range of $77.5 million to $78.5 million Non-GAAP net loss per share, basic and diluted, is expected to be between $0.03 and $0.07 based on 40.5 million weighted-average shares outstanding, basic and diluted Full Year Fiscal 2026 Revenue is expected to be in the range of $312.0 million to $320.0 million Non-GAAP net loss per share, basic and diluted, is expected to be between $0.18 and $0.26 based on 41.0 million weighted-average shares outstanding, basic and diluted We have not reconciled guidance for non-GAAP metrics to their most directly comparable GAAP measures because certain items that impact these measures are not within our control or cannot be reasonably predicted. Earnings Call Details Domo plans to host a conference call today to review its fiscal 2026 first quarter financial results and to discuss its financial outlook. The call is scheduled to begin at 3:00 p.m. MT/ 5:00 p.m. ET. A live webcast of the event will be available on the Domo Investor Relations website at and a live dial-in is available at (877) 484-6065 or (201) 689-8846. A replay will be available at (877) 660-6853 or (201) 612-7415 with the access ID#13753802 following the completion of the conference call until 11:59 p.m. (ET) June 18, 2025. About Domo Domo is an AI and Data Products platform that helps companies of all sizes leverage data and AI to drive value in today's data-driven world. Built around our customer's preferred data foundation, powered by our award-winning solution, and enriched with our partner ecosystem, the Domo platform enables users to prepare, visualize, automate, distribute, and build end-to-end data products that provide solutions across the entire data journey. From hydrating your data foundation, to building fully embedded applications that can be shared with your employees and customers, to deploying AI models across a variety of providers, Domo gives users the ability to build data products that generate measurable value for the business. For more information, visit You can also follow Domo on LinkedIn, X, and Facebook. Domo Disclosure Channels to Disseminate Information Domo investors and others should note that we announce material information to the public about our company, products and services, and other issues through a variety of means, including Domo's website, press releases, filings with the U.S. Securities and Exchange Commission (SEC), blogs and social media, in order to achieve broad, non-exclusionary distribution of information to the public. We intend to use the Domo Facebook page, the Domo LinkedIn page, the Domo blog, the @Domotalk X account and the @JoshJames X account as a means of disclosing information about the Company and its services and for complying with the disclosure obligations under Regulation FD. The information we post through these social media channels may be deemed material. Accordingly, we encourage investors and others to monitor these social media channels in addition to following our press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described here may be updated from time to time as listed on our investor relations webpage. Use of Non-GAAP Financial Measures To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with Generally Accepted Accounting Principles in the United States of America (GAAP), we reference in this press release and the accompanying tables the following non-GAAP financial measures: non-GAAP subscription gross margin, non-GAAP operating expenses, non-GAAP operating loss, non-GAAP operating margin, non-GAAP net loss, non-GAAP net loss per share, billings, and adjusted free cash flow. In computing the measures other than billings and adjusted free cash flow, we exclude the effects of stock-based compensation expense, amortization of certain intangible assets, and remeasurement of warrant liability. Billings is defined as total revenue plus the change in deferred revenue in a period. In computing adjusted free cash flow, we use net cash provided by (used in) operating activities, less purchases of property and equipment, and exclude the effects of proceeds from shares issued in connection with the employee stock purchase plan and the net change in short-term payable financing. As it relates to adjusted free cash flow, we add back amounts equal to the proceeds from shares issued in connection with employee stock purchase plan to reflect the non-cash nature of these transactions. Because no cash is exchanged in these transactions, showing proceeds in the financing section of the statement of cash flows as required by GAAP results in a corresponding decrease in the operating section, which management believes is not indicative of actual cash used in or provided by our operations. We also add back the net change to short-term payable financing to adjusted free cash flow. We believe that this non-GAAP cash metric is useful because it provides investors with the same information that management uses to consistently evaluate, forecast and measure the Company's actual cash flows and its ability to achieve and maintain positive cash flows. We use these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain items that may not be indicative of our ongoing core business operating results. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when analyzing historical performance and liquidity and planning, forecasting, and analyzing future periods. For a reconciliation of these non-GAAP financial measures to GAAP measures, please see the tables captioned "Reconciliation of Non-GAAP Financial Measures" included at the end of this release. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements of our Chief Executive Officer, statements regarding competitive positions, the effectiveness of our strategic priorities, our financial outlook for our second fiscal quarter, and results for future periods. Forward-looking statements are subject to risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption "Risk Factors" and elsewhere in our filings with the SEC, including, without limitation, the Annual Report on Form 10-K filed with the SEC on April 4, 2025 or subsequent filings with the SEC. All information provided in this release and in the attachments is as of the date hereof, and we undertake no duty to update this information unless required by law. Domo is a registered trademark of Domo, Inc. Domo, Inc. Condensed Consolidated Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended April 30, 2024 2025 Revenue: Subscription $ 72,110 $ 71,389 Professional services and other 7,993 8,722 Total revenue 80,103 80,111 Cost of revenue: Subscription (1) 12,775 13,787 Professional services and other (1) 7,939 6,881 Total cost of revenue 20,714 20,668 Gross profit 59,389 59,443 Operating expenses: Sales and marketing (1) 42,219 39,661 Research and development (1) 22,719 19,961 General and administrative (1), (2) 15,901 14,167 Total operating expenses 80,839 73,789 Loss from operations (21,450 ) (14,346 ) Other expense: Other expense, net (1), (3) (4,431 ) (3,515 ) Total other expense (4,431 ) (3,515 ) Loss before income taxes (25,881 ) (17,861 ) Provision for income taxes 126 191 Net loss $ (26,007 ) $ (18,052 ) Net loss per share (basic and diluted) $ (0.69 ) $ (0.45 ) Weighted-average number of shares (basic and diluted) 37,482 39,735 (1) Includes stock-based compensation expenses, as follows: Cost of revenue: Subscription $ 798 $ 670 Professional services and other 333 278 Sales and marketing 5,314 4,401 Research and development 4,422 4,902 General and administrative 3,084 4,986 Other expense, net 191 218 Total stock-based compensation expenses $ 14,142 $ 15,455 (2) Includes amortization of certain intangible assets, as follows: General and administrative $ 142 $ 142 (3) Includes remeasurement of warrant liability, as follows: Other expense, net $ (566 ) $ (1,158 ) Domo, Inc. Condensed Consolidated Balance Sheets (in thousands) (unaudited) January 31, April 30, 2025 2025 Assets Current assets: Cash, cash equivalents, and restricted cash $ 45,264 $ 47,180 Accounts receivable, net 71,544 43,918 Contract acquisition costs 15,780 15,458 Prepaid expenses and other current assets 9,089 10,283 Total current assets 141,677 116,839 Property and equipment, net 28,625 28,978 Right-of-use assets 10,158 9,192 Contract acquisition costs, noncurrent 19,553 19,359 Intangible assets, net 2,125 1,984 Goodwill 9,478 9,478 Other assets 2,724 2,795 Total assets $ 214,340 $ 188,625 Liabilities and stockholders' deficit Current liabilities: Accounts payable $ 10,033 $ 12,654 Accrued expenses and other current liabilities 60,909 48,728 Lease liabilities 5,731 6,000 Current portion of deferred revenue 178,276 162,935 Total current liabilities 254,949 230,317 Lease liabilities, noncurrent 7,695 6,197 Deferred revenue, noncurrent 2,828 1,961 Other liabilities, noncurrent 8,446 9,105 Long-term debt 117,668 119,747 Total liabilities 391,586 367,327 Commitments and contingencies - - Stockholders' deficit: Common stock 39 40 Additional paid-in capital 1,310,922 1,326,158 Accumulated other comprehensive loss (669 ) 690 Accumulated deficit (1,487,538 ) (1,505,590 ) Total stockholders' deficit (177,246 ) (178,702 ) Total liabilities and stockholders' deficit $ 214,340 $ 188,625 Domo, Inc. Condensed Consolidated Statements of Cash Flows (in thousands) (unaudited) Three Months Ended April 30, 2024 2025 Cash flows from operating activities Net loss $ (26,007 ) $ (18,052 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 2,356 2,291 Non-cash lease expense 1,080 1,102 Amortization of contract acquisition costs 4,301 4,057 Stock-based compensation 14,142 15,455 Remeasurement of warrant liability (566 ) (1,158 ) Other, net 1,058 2,181 Changes in operating assets and liabilities: Accounts receivable, net 19,349 27,626 Contract acquisition costs (1,995 ) (3,261 ) Prepaid expenses and other assets (345 ) (857 ) Accounts payable 6,678 3,354 Operating lease liabilities (1,280 ) (1,362 ) Accrued and other liabilities (2,263 ) (11,217 ) Deferred revenue (14,607 ) (16,208 ) Net cash provided by operating activities 1,901 3,951 Cash flows from investing activities Purchases of property and equipment (2,526 ) (2,926 ) Purchases of intangible assets - (1 ) Issuance of note receivable - - Net cash used in investing activities (2,526 ) (2,927 ) Cash flows from financing activities Payments of deferred offering costs for registration statement - (164 ) Proceeds from shares issued in connection with employee stock purchase plan 1,121 680 Shares repurchased for tax withholdings on vesting of restricted stock - (486 ) Debt proceeds, net of issuance costs - (206 ) Proceeds from short-term payable financing - 3,303 Payments on short-term payable financing - (3,722 ) Net cash provided by (used in) financing activities 1,121 (595 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash (277 ) 1,487 Net increase in cash, cash equivalents, and restricted cash 219 1,916 Cash, cash equivalents, and restricted cash at beginning of period 60,939 45,264 Cash, cash equivalents, and restricted cash at end of period $ 61,158 $ 47,180 Domo, Inc. Reconciliation of Non-GAAP Financial Measures (in thousands, except per share data) (unaudited) Three Months Ended April 30, 2024 2025 Reconciliation of Subscription Gross Margin on a GAAP Basis to Subscription Gross Margin on a Non-GAAP Basis: Revenue: Subscription $ 72,110 $ 71,389 Cost of revenue: Subscription 12,775 13,787 Subscription gross profit on a GAAP basis 59,335 57,602 Subscription gross margin on a GAAP basis 82 % 81 % Stock-based compensation 798 670 Subscription gross profit on a non-GAAP basis $ 60,133 $ 58,272 Subscription gross margin on a non-GAAP basis 83 % 82 % Reconciliation of Total Operating Expenses on a GAAP Basis to Total Operating Expenses on a Non-GAAP Basis: Total operating expenses on a GAAP basis $ 80,839 $ 73,789 Stock-based compensation (12,820 ) (14,289 ) Amortization of certain intangible assets (142 ) (142 ) Total operating expenses on a non-GAAP basis $ 67,877 $ 59,358 Reconciliation of Operating Loss on a GAAP Basis to Operating (Loss) Income on a Non-GAAP Basis: Operating loss on a GAAP basis $ (21,450 ) $ (14,346 ) Stock-based compensation 13,951 15,237 Amortization of certain intangible assets 142 142 Operating (loss) income on a non-GAAP basis $ (7,357 ) $ 1,033 Reconciliation of Operating Margin on a GAAP Basis to Operating Margin on a Non-GAAP Basis: Operating margin on a GAAP basis (27 )% (18 )% Stock-based compensation 18 % 19 % Operating margin on a non-GAAP basis (9 )% 1 % Reconciliation of Net Loss on a GAAP Basis to Net Loss on a Non-GAAP Basis: Net loss on a GAAP basis $ (26,007 ) $ (18,052 ) Stock-based compensation 14,142 15,455 Amortization of certain intangible assets 142 142 Remeasurement of warrant liability (566 ) (1,158 ) Net loss on a non-GAAP basis $ (12,289 ) $ (3,613 ) Reconciliation of Net Loss per Share on a GAAP Basis to Net Loss per Share on a Non-GAAP Basis: Net loss per share on a GAAP basis $ (0.69 ) $ (0.45 ) Stock-based compensation 0.38 0.39 Remeasurement of warrant liability (0.02 ) (0.03 ) Net loss per share on a non-GAAP basis $ (0.33 ) $ (0.09 ) Billings: Total revenue $ 80,103 $ 80,111 Add: Deferred revenue (end of period) 170,813 162,935 Deferred revenue, noncurrent (end of period) 2,566 1,961 Less: Deferred revenue (beginning of period) (185,250 ) (178,276 ) Deferred revenue, noncurrent (beginning of period) (2,736 ) (2,828 ) Decrease in deferred revenue (current and noncurrent) (14,607 ) (16,208 ) Billings $ 65,496 $ 63,903 Reconciliation of Net Cash Provided by Operating Activities to Adjusted Free Cash Flow: Net cash provided by operating activities $ 1,901 $ 3,951 Proceeds from shares issued in connection with employee stock purchase plan 1,121 680 Purchases of property and equipment (2,526 ) (2,926 ) Proceeds from short-term payable financing - 3,303 Payments on short-term payable financing - (3,722 ) Adjusted free cash flow $ 496 $ 1,286 View source version on Contacts Media –Cynthia Cowen PR@ Investors – Peter Lowry IR@
Yahoo
21-05-2025
- Business
- Yahoo
Domo Announces First Quarter Fiscal 2026 Financial Results
SILICON SLOPES, Utah, May 21, 2025--(BUSINESS WIRE)--Domo, Inc. (Nasdaq: DOMO) today announced results for its fiscal first quarter ended April 30, 2025. Fiscal First Quarter Results Total revenue was $80.1 million Subscription revenue was $71.4 million Billings were $63.9 million Subscription Remaining Performance Obligations (RPO) was $408.2 million as of April 30, 2025, an increase of 24% year over year Subscription RPO expected to be recognized beyond twelve months was $182.3 million as of April 30, 2025, an increase of 61% year over year Net cash provided by operating activities was $4.0 million, an increase of 108% year over year Adjusted free cash flow was $1.3 million, an increase of 159% year over year GAAP operating margin was negative 18%, an increase of 9 percentage points year over year Non-GAAP operating margin was positive 1%, an increase of 10 percentage points year over year GAAP net loss was $18.1 million, and GAAP net loss per share was $0.45, based on 39.7 million weighted-average shares outstanding Non-GAAP net loss was $3.6 million, and non-GAAP net loss per share was $0.09, based on 39.7 million weighted-average shares outstanding Cash and cash equivalents were $47.2 million as of April 30, 2025 "Our Q1 momentum is proof positive that our strategy is fueling powerful, innovative solutions for our customers," said Josh James, founder and CEO, Domo. "We're not just keeping pace in the fast-moving world of data and AI—we're leading the charge. These standout results show our reconfigured model is working, and I'm more confident than ever in our trajectory and the bright future ahead. We believe we've turned the corner, and we should be able to deliver profitable, sustainable growth going forward." Recent Highlights We believe the following announcements and recognitions demonstrate our commitment to product innovation and customer value: Domo was the top ranked vendor in three Dresner Advisory Services' market reports: 2025 Wisdom of Crowds® Cloud Computing and Business Intelligence (BI) Market Study (ninth consecutive year), 2025 Self-Service BI Market Study (seventh consecutive year), and 2025 Collective Insights Report (fourth year). CRN® recognized Domo on its 2025 Big Data 100 list in the Big Data Business Analytics category. Business Outlook Based on information available as of May 21, 2025, Domo is providing the following guidance for its second quarter of fiscal 2026 and full year fiscal 2026: Q2 Fiscal 2026 Revenue is expected to be in the range of $77.5 million to $78.5 million Non-GAAP net loss per share, basic and diluted, is expected to be between $0.03 and $0.07 based on 40.5 million weighted-average shares outstanding, basic and diluted Full Year Fiscal 2026 Revenue is expected to be in the range of $312.0 million to $320.0 million Non-GAAP net loss per share, basic and diluted, is expected to be between $0.18 and $0.26 based on 41.0 million weighted-average shares outstanding, basic and diluted We have not reconciled guidance for non-GAAP metrics to their most directly comparable GAAP measures because certain items that impact these measures are not within our control or cannot be reasonably predicted. Earnings Call Details Domo plans to host a conference call today to review its fiscal 2026 first quarter financial results and to discuss its financial outlook. The call is scheduled to begin at 3:00 p.m. MT/ 5:00 p.m. ET. A live webcast of the event will be available on the Domo Investor Relations website at and a live dial-in is available at (877) 484-6065 or (201) 689-8846. A replay will be available at (877) 660-6853 or (201) 612-7415 with the access ID#13753802 following the completion of the conference call until 11:59 p.m. (ET) June 18, 2025. About Domo Domo is an AI and Data Products platform that helps companies of all sizes leverage data and AI to drive value in today's data-driven world. Built around our customer's preferred data foundation, powered by our award-winning solution, and enriched with our partner ecosystem, the Domo platform enables users to prepare, visualize, automate, distribute, and build end-to-end data products that provide solutions across the entire data journey. From hydrating your data foundation, to building fully embedded applications that can be shared with your employees and customers, to deploying AI models across a variety of providers, Domo gives users the ability to build data products that generate measurable value for the business. For more information, visit You can also follow Domo on LinkedIn, X, and Facebook. Domo Disclosure Channels to Disseminate Information Domo investors and others should note that we announce material information to the public about our company, products and services, and other issues through a variety of means, including Domo's website, press releases, filings with the U.S. Securities and Exchange Commission (SEC), blogs and social media, in order to achieve broad, non-exclusionary distribution of information to the public. We intend to use the Domo Facebook page, the Domo LinkedIn page, the Domo blog, the @Domotalk X account and the @JoshJames X account as a means of disclosing information about the Company and its services and for complying with the disclosure obligations under Regulation FD. The information we post through these social media channels may be deemed material. Accordingly, we encourage investors and others to monitor these social media channels in addition to following our press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described here may be updated from time to time as listed on our investor relations webpage. Use of Non-GAAP Financial Measures To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with Generally Accepted Accounting Principles in the United States of America (GAAP), we reference in this press release and the accompanying tables the following non-GAAP financial measures: non-GAAP subscription gross margin, non-GAAP operating expenses, non-GAAP operating loss, non-GAAP operating margin, non-GAAP net loss, non-GAAP net loss per share, billings, and adjusted free cash flow. In computing the measures other than billings and adjusted free cash flow, we exclude the effects of stock-based compensation expense, amortization of certain intangible assets, and remeasurement of warrant liability. Billings is defined as total revenue plus the change in deferred revenue in a period. In computing adjusted free cash flow, we use net cash provided by (used in) operating activities, less purchases of property and equipment, and exclude the effects of proceeds from shares issued in connection with the employee stock purchase plan and the net change in short-term payable financing. As it relates to adjusted free cash flow, we add back amounts equal to the proceeds from shares issued in connection with employee stock purchase plan to reflect the non-cash nature of these transactions. Because no cash is exchanged in these transactions, showing proceeds in the financing section of the statement of cash flows as required by GAAP results in a corresponding decrease in the operating section, which management believes is not indicative of actual cash used in or provided by our operations. We also add back the net change to short-term payable financing to adjusted free cash flow. We believe that this non-GAAP cash metric is useful because it provides investors with the same information that management uses to consistently evaluate, forecast and measure the Company's actual cash flows and its ability to achieve and maintain positive cash flows. We use these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain items that may not be indicative of our ongoing core business operating results. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when analyzing historical performance and liquidity and planning, forecasting, and analyzing future periods. For a reconciliation of these non-GAAP financial measures to GAAP measures, please see the tables captioned "Reconciliation of Non-GAAP Financial Measures" included at the end of this release. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements of our Chief Executive Officer, statements regarding competitive positions, the effectiveness of our strategic priorities, our financial outlook for our second fiscal quarter, and results for future periods. Forward-looking statements are subject to risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption "Risk Factors" and elsewhere in our filings with the SEC, including, without limitation, the Annual Report on Form 10-K filed with the SEC on April 4, 2025 or subsequent filings with the SEC. All information provided in this release and in the attachments is as of the date hereof, and we undertake no duty to update this information unless required by law. Domo is a registered trademark of Domo, Inc. Domo, Inc. Condensed Consolidated Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended April 30, 2024 2025 Revenue: Subscription $ 72,110 $ 71,389 Professional services and other 7,993 8,722 Total revenue 80,103 80,111 Cost of revenue: Subscription (1) 12,775 13,787 Professional services and other (1) 7,939 6,881 Total cost of revenue 20,714 20,668 Gross profit 59,389 59,443 Operating expenses: Sales and marketing (1) 42,219 39,661 Research and development (1) 22,719 19,961 General and administrative (1), (2) 15,901 14,167 Total operating expenses 80,839 73,789 Loss from operations (21,450 ) (14,346 ) Other expense: Other expense, net (1), (3) (4,431 ) (3,515 ) Total other expense (4,431 ) (3,515 ) Loss before income taxes (25,881 ) (17,861 ) Provision for income taxes 126 191 Net loss $ (26,007 ) $ (18,052 ) Net loss per share (basic and diluted) $ (0.69 ) $ (0.45 ) Weighted-average number of shares (basic and diluted) 37,482 39,735 (1) Includes stock-based compensation expenses, as follows: Cost of revenue: Subscription $ 798 $ 670 Professional services and other 333 278 Sales and marketing 5,314 4,401 Research and development 4,422 4,902 General and administrative 3,084 4,986 Other expense, net 191 218 Total stock-based compensation expenses $ 14,142 $ 15,455 (2) Includes amortization of certain intangible assets, as follows: General and administrative $ 142 $ 142 (3) Includes remeasurement of warrant liability, as follows: Other expense, net $ (566 ) $ (1,158 ) Domo, Inc. Condensed Consolidated Balance Sheets (in thousands) (unaudited) January 31, April 30, 2025 2025 Assets Current assets: Cash, cash equivalents, and restricted cash $ 45,264 $ 47,180 Accounts receivable, net 71,544 43,918 Contract acquisition costs 15,780 15,458 Prepaid expenses and other current assets 9,089 10,283 Total current assets 141,677 116,839 Property and equipment, net 28,625 28,978 Right-of-use assets 10,158 9,192 Contract acquisition costs, noncurrent 19,553 19,359 Intangible assets, net 2,125 1,984 Goodwill 9,478 9,478 Other assets 2,724 2,795 Total assets $ 214,340 $ 188,625 Liabilities and stockholders' deficit Current liabilities: Accounts payable $ 10,033 $ 12,654 Accrued expenses and other current liabilities 60,909 48,728 Lease liabilities 5,731 6,000 Current portion of deferred revenue 178,276 162,935 Total current liabilities 254,949 230,317 Lease liabilities, noncurrent 7,695 6,197 Deferred revenue, noncurrent 2,828 1,961 Other liabilities, noncurrent 8,446 9,105 Long-term debt 117,668 119,747 Total liabilities 391,586 367,327 Commitments and contingencies - - Stockholders' deficit: Common stock 39 40 Additional paid-in capital 1,310,922 1,326,158 Accumulated other comprehensive loss (669 ) 690 Accumulated deficit (1,487,538 ) (1,505,590 ) Total stockholders' deficit (177,246 ) (178,702 ) Total liabilities and stockholders' deficit $ 214,340 $ 188,625 Domo, Inc. Condensed Consolidated Statements of Cash Flows (in thousands) (unaudited) Three Months Ended April 30, 2024 2025 Cash flows from operating activities Net loss $ (26,007 ) $ (18,052 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 2,356 2,291 Non-cash lease expense 1,080 1,102 Amortization of contract acquisition costs 4,301 4,057 Stock-based compensation 14,142 15,455 Remeasurement of warrant liability (566 ) (1,158 ) Other, net 1,058 2,181 Changes in operating assets and liabilities: Accounts receivable, net 19,349 27,626 Contract acquisition costs (1,995 ) (3,261 ) Prepaid expenses and other assets (345 ) (857 ) Accounts payable 6,678 3,354 Operating lease liabilities (1,280 ) (1,362 ) Accrued and other liabilities (2,263 ) (11,217 ) Deferred revenue (14,607 ) (16,208 ) Net cash provided by operating activities 1,901 3,951 Cash flows from investing activities Purchases of property and equipment (2,526 ) (2,926 ) Purchases of intangible assets - (1 ) Issuance of note receivable - - Net cash used in investing activities (2,526 ) (2,927 ) Cash flows from financing activities Payments of deferred offering costs for registration statement - (164 ) Proceeds from shares issued in connection with employee stock purchase plan 1,121 680 Shares repurchased for tax withholdings on vesting of restricted stock - (486 ) Debt proceeds, net of issuance costs - (206 ) Proceeds from short-term payable financing - 3,303 Payments on short-term payable financing - (3,722 ) Net cash provided by (used in) financing activities 1,121 (595 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash (277 ) 1,487 Net increase in cash, cash equivalents, and restricted cash 219 1,916 Cash, cash equivalents, and restricted cash at beginning of period 60,939 45,264 Cash, cash equivalents, and restricted cash at end of period $ 61,158 $ 47,180 Domo, Inc. Reconciliation of Non-GAAP Financial Measures (in thousands, except per share data) (unaudited) Three Months Ended April 30, 2024 2025 Reconciliation of Subscription Gross Margin on a GAAP Basis to Subscription Gross Margin on a Non-GAAP Basis: Revenue: Subscription $ 72,110 $ 71,389 Cost of revenue: Subscription 12,775 13,787 Subscription gross profit on a GAAP basis 59,335 57,602 Subscription gross margin on a GAAP basis 82 % 81 % Stock-based compensation 798 670 Subscription gross profit on a non-GAAP basis $ 60,133 $ 58,272 Subscription gross margin on a non-GAAP basis 83 % 82 % Reconciliation of Total Operating Expenses on a GAAP Basis to Total Operating Expenses on a Non-GAAP Basis: Total operating expenses on a GAAP basis $ 80,839 $ 73,789 Stock-based compensation (12,820 ) (14,289 ) Amortization of certain intangible assets (142 ) (142 ) Total operating expenses on a non-GAAP basis $ 67,877 $ 59,358 Reconciliation of Operating Loss on a GAAP Basis to Operating (Loss) Income on a Non-GAAP Basis: Operating loss on a GAAP basis $ (21,450 ) $ (14,346 ) Stock-based compensation 13,951 15,237 Amortization of certain intangible assets 142 142 Operating (loss) income on a non-GAAP basis $ (7,357 ) $ 1,033 Reconciliation of Operating Margin on a GAAP Basis to Operating Margin on a Non-GAAP Basis: Operating margin on a GAAP basis (27 )% (18 )% Stock-based compensation 18 % 19 % Operating margin on a non-GAAP basis (9 )% 1 % Reconciliation of Net Loss on a GAAP Basis to Net Loss on a Non-GAAP Basis: Net loss on a GAAP basis $ (26,007 ) $ (18,052 ) Stock-based compensation 14,142 15,455 Amortization of certain intangible assets 142 142 Remeasurement of warrant liability (566 ) (1,158 ) Net loss on a non-GAAP basis $ (12,289 ) $ (3,613 ) Reconciliation of Net Loss per Share on a GAAP Basis to Net Loss per Share on a Non-GAAP Basis: Net loss per share on a GAAP basis $ (0.69 ) $ (0.45 ) Stock-based compensation 0.38 0.39 Remeasurement of warrant liability (0.02 ) (0.03 ) Net loss per share on a non-GAAP basis $ (0.33 ) $ (0.09 ) Billings: Total revenue $ 80,103 $ 80,111 Add: Deferred revenue (end of period) 170,813 162,935 Deferred revenue, noncurrent (end of period) 2,566 1,961 Less: Deferred revenue (beginning of period) (185,250 ) (178,276 ) Deferred revenue, noncurrent (beginning of period) (2,736 ) (2,828 ) Decrease in deferred revenue (current and noncurrent) (14,607 ) (16,208 ) Billings $ 65,496 $ 63,903 Reconciliation of Net Cash Provided by Operating Activities to Adjusted Free Cash Flow: Net cash provided by operating activities $ 1,901 $ 3,951 Proceeds from shares issued in connection with employee stock purchase plan 1,121 680 Purchases of property and equipment (2,526 ) (2,926 ) Proceeds from short-term payable financing - 3,303 Payments on short-term payable financing - (3,722 ) Adjusted free cash flow $ 496 $ 1,286 View source version on Contacts Media –Cynthia Cowen PR@ Investors – Peter Lowry IR@
Associated Press
08-05-2025
- Business
- Associated Press
Benefits of Power BI Dashboards for EHS Data Analysis
Power BI's powerful trend analysis features allow EHS teams to track key metrics over time, including quantitative data such as injury/incident rates (DART, TRIR, LWDC, etc.) and qualitative results from compliance audits, as well as spatial data. Visualizing trends from this collected data makes it easier to identify patterns and shifts in safety. This comprehensive trend analysis helps companies proactively identify potential hazards before they escalate into serious incidents, aiding in the prevention of accidents, or costly regulatory violations. Additionally, integrating data from multiple sources enhances the accuracy and depth of insights gained. This empowers decision-makers to implement targeted and effective interventions and EHS Management Programs. Benefits of Power BI Dashboards for EHS Data Analysis: 1. Proactive Risk Management With Power BI dashboards, EHS professionals can shift from a reactive to a proactive approach in managing both environmental and safety risks. By analyzing trends in real-time, organizations can identify rising risks—such as increased spikes in workplace injuries, or gaps in compliance—before they lead to more severe consequences. For example, if Power BI shows a pattern of workplace accidents during certain shifts, safety managers can introduce preventive measures to reduce the danger and increase safety. 2. Improved Efficiency and Data Comprehension At Antea Group, our Business Intelligence team works directly with organizations to visualize large amounts of complex EHS data in an easily digestible format. Traditional reporting methods often involve sifting through spreadsheets or static reports, which can be time-consuming and difficult to interpret. With Power BI dashboards, key metrics are summarized visually, making it faster and easier for EHS teams to identify and address issues. By streamlining data analysis, Power BI significantly boosts efficiency in tracking safety. For instance, rather than poring over complex spreadsheets, EHS teams can quickly view visual summaries of accident rates or audit results, saving time and enabling quicker responses to any issues that arise. 3. Data-Driven Decision Making Power BI dashboards provide EHS professionals with the data they need to make informed decisions . Real-time insights into safety incidents, environmental audits, and compliance statuses help organizations allocate resources effectively. For example, if a dashboard reveals that a particular department is consistently falling short in waste management practices, management can take immediate action to address the issue. 4. Regulatory Compliance and Risk Mitigation Compliance with environmental regulations (e.g., EPA standards, OSHA guidelines) is a critical part of EHS management. Power BI dashboards help organizations stay on top of compliance by providing a clear overview of audit results, regulatory violations, and corrective actions. These dashboards offer an at-a-glance view of compliance metrics, ensuring that safety and environmental protocols are consistently followed. By continuously monitoring compliance status, organizations can avoid costly fines, penalties, or legal issues. For example, if the dashboard highlights repeated failures in meeting EPA standards, management can take immediate corrective actions to prevent potential fines or penalties. Conclusion Power BI dashboards offer EHS professionals a dynamic and interactive way to monitor and analyze trends in safety performance. By providing real-time data visualization, trend analysis tools, and interactive dashboards, Power BI allows organizations to track key metrics like incident rates, compliance audit results, and any other metric vital to your business. For organizations looking to enhance their EHS audits, Antea Group can provide comprehensive dashboards so you can fully understand your data. If you are interested in exploring EHS Data Analytics, reach out to our Business Intelligence team for more information . Visit 3BL Media to see more multimedia and stories from Antea Group
Associated Press
06-05-2025
- Business
- Associated Press
Orbit Analytics Expands Power BI Solution for Oracle Fusion Cloud with Enterprise-Grade Data Pipelines and Prepackaged Analytics
BI Solution Leader Debuts Seamless Oracle Fusion/Power BI Integration Enabling Smarter, Real-Time Enterprise Level Decision Making ALPHARETTA, Ga., May 6, 2025 /PRNewswire/ -- Orbit Analytics , an AI-powered leader of advanced business intelligence solutions tailored for enterprise ERP environments, today announced the latest release of its Power BI Integration for Oracle Fusion Cloud Applications (OCA) as a part of its Data Pipeline suite of products. The new solution was designed to eliminate manual data exports and complex API integrations while delivering secure, scalable, real-time and near real-time reporting for Oracle Fusion Cloud Applications with Power BI. With Power BI Integration for Fusion, customers are able to maximize the value of their enterprise data, democratize analytics across teams, and make faster, smarter business decisions. While many organizations have adopted Power BI to unify dashboards and analytics, connecting the platform to Oracle Fusion is anything but straightforward. Native methods rely on manual exports, fragile APIs, and delayed batch updates, resulting in stale data, security risks, and high maintenance overhead. Orbit's Fusion solution and Power BI Integration changes that with a purpose-built, no-code/low-code solution that automates data extraction, preserves role-based security, and delivers real-time reporting, enabling faster decision-making, greater data consistency, and significantly reduced reporting overhead. 'While we have solutions designed for all types of ERPs, we know and understand Oracle better than any other provider, and that's what allows us to build powerful tools like this solution,' said Rupesh Sharma, CEO and Co-founder of Orbit Analytics. 'This connector is yet another tool in our vast array of solutions designed for the modern enterprise user. Harnessing the power of data is mission critical to all organizations and our solutions make that possible. It creates a secure, flexible bridge that empowers enterprises to make better decisions without costly IT expenditures or situational delays caused by stale data.' Orbit's Oracle Fusion connector solution and integration to Power BI is engineered to tackle the inherent limitations of native Oracle Fusion reporting tools. It supports a variety of extraction techniques, including BICC PVOs, BI Publisher APIs, and parameterized SQL, enabling fine-grained control over data access and transformation. It delivers real-time and incremental data loads to Power BI data models using schema-aware orchestration and metadata-driven mapping. The solution accommodates hybrid environments by connecting to cloud platforms like Oracle Autonomous Data Warehouse (ADW), Snowflake, and Databricks, while also maintaining compatibility with on-premises systems. Its automated transformation layer intelligently normalizes fact and dimension tables, applies row-level security, and generates analysis-ready datasets with minimal manual effort. Pre-built semantic models and Power BI templates further accelerate deployment and reduce total cost of ownership. 'This connector solution and integration was built with enterprise data architecture in mind,' said Ravi Jasti, CTO of Orbit Analytics. 'We've embedded dynamic schema handling, incremental change capture, and automated metadata synchronization into the pipeline so that Power BI can consume complex Oracle Fusion data without sacrificing fidelity or governance. The result is a fully automated ELT process that respects Fusion's role-based access controls, adapts to quarterly schema updates, and delivers production-ready datasets to business users in near-real time. It's a robust bridge between Oracle's transactional systems and the visual analytics Power BI is known for, without the overhead of manual modeling or brittle integrations.' Orbit Analytics has been helping enterprises simplify reporting and analytics since 2006, with a focus on secure, scalable solutions built for the complexity of Oracle ERP environments. Founded by former Oracle engineers, the company supports more than 175,000 users worldwide and integrates with over 200 enterprise systems. Orbit's new release of its Oracle Fusion solution for data replication delivers a substantial boost in data pipeline speeds, now coupled with seamless Power BI integration. This advancement makes the solution truly one of a kind and a natural extension of the Orbit platform, reinforcing its mission to eliminate friction between data and decision-making. For Oracle Fusion customers and Power BI users, this solution streamlines and automates Oracle Fusion data flows into Power BI data models, delivering accurate, real-time, and near real-time insights across finance, operations, and leadership teams. About Orbit Analytics Orbit Analytics is an AI-powered business intelligence and data analytics solutions company with products designed to empower organizations to unlock the full potential of their data. Seamlessly integrating with all ERP systems, cloud data platforms, and essential business applications, Orbit Analytics delivers real-time access to unified data from diverse sources via its core products GL Sense and Data Pipelines. This enables business users to effortlessly craft interactive reports, dynamic dashboards, and insightful visualizations in ways not possible through native ERP applications. Orbit's solutions accelerate report migration from Oracle ERP systems and other legacy tools, making it easier than ever to modernize analytics workflows. By transforming raw data into actionable insights, Orbit Analytics empowers industries to make informed decisions, enhance operational efficiency, and drive exceptional business performance. With Orbit Analytics, an organization's data becomes a strategic asset, not a cost center, fueling innovation and driving decision making in a modern landscape. Visit to learn more. Press Contact Kyle Porter EVP, Virgo PR [email protected] 212.584.4289 View original content: SOURCE Orbit Analytics
Yahoo
20-02-2025
- Business
- Yahoo
BridgeFT Named Winner at the Annual WealthBriefing Americas Awards for Third Year in a Row
Wealth infrastructure software leader receives 2025 awards for innovation in Data Information / Business Intelligence Provider and Business Infrastructure categories. CHICAGO, IL / / February 20, 2025 / BridgeFT, a cloud-native, API-first wealth infrastructure software company that enables enterprise wealth management firms, registered investment advisors (RIAs), turnkey asset management platforms (TAMPs), and Fintech innovators to deliver better, data-driven outcomes for their clients, announced today that it has been awarded the Data Information / Business Intelligence Provider and Business Infrastructure awards at the Annual WealthBriefing WealthTech Americas Awards 2025. The annual WealthBriefing WealthTech Americas Awards program recognizes the most innovative and exceptional firms, teams and individuals. The awards have been designed to showcase outstanding organizations grouped by specialism which the prestigious panel of independent judges deemed to have "demonstrated innovation and excellence during the last year." "This recognition yet again validates the impact our Wealthtech-as-a-Service platform has had on the industry over the past several years," said Joe Stensland, Chief Executive Officer of BridgeFT. "We're honored to receive this recognition for the third year, reaffirming our commitment to delivering essential data, analytics, and application infrastructure to the wealth management industry." BridgeFT's WealthTech API offers a single, open API to trade-ready, multi-custodial data, advanced analytics, and application services. WealthTech API eliminates the need for individual data feeds from a range of custodians and back-office providers, enabling wealth management firms and wealthtech application providers to create differentiated, client-advisor experiences. BridgeFT is the wealth management industry's only source for total wealth data aggregation providing access to a single source of truth for critical client, account, securities and transactional data that spans an unmatched range of financial data sources, asset classes, and account types to power next generation applications and advanced analytics. The WealthBriefing WealthTech Americas Awards are part of a global program run by WealthBriefing, and its sister publications WealthBriefingAsia and Family Wealth Report, encompassing all of the world's major wealth management centers. "Every winning entrant has been subjected to a rigorous and independent judging process and should be rightly proud of the success they have achieved this year," said Stephen Harris, ClearView Financial Media's CEO, and publisher of WealthBriefing. "These awards give organizations and individuals the opportunity to clarify their strategic thinking, have it independently validated, be recognized internally and externally and to celebrate in style with their peers." About BridgeFT BridgeFT is a cloud-native, API-first wealth infrastructure software company that enables financial institutions, FinTech innovators, TAMPs, and registered investment advisors to deliver better, data-driven outcomes for their clients. Our WealthTech-as-a-Service platform, WealthTech API, makes wealth management technology better by accelerating, simplifying and reducing the cost of app development and maintenance, so our clients can focus on delivering next generation wealth management applications and unique digital experiences that amplify their differentiators. Leading financial services firms and technology companies trust BridgeFT to power their digital wealth management ecosystems and automate critical back-office operations -- seamlessly aligning multi-custodial data aggregation, advanced analytics and reporting, and application services to deliver truly personalized client experiences. For more information, visit About ClearView Financial Media Ltd ("ClearView") ClearView Financial Media was founded by Chief Executive Stephen Harris in 2004 to provide high quality 'need to know' information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes the WealthBriefing group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events and awards program. Contact Details: For BridgeFTPeter Page, Vocatusppage@ Company Website: SOURCE: BRIDGEFT View the original press release on ACCESS Newswire Sign in to access your portfolio
