Financials GitLab Inc.

Equities

GTLB

US37637K1088

Software

Real-time Estimate Cboe BZX 15:24:20 14/06/2024 BST 5-day change 1st Jan Change
44.42 USD -1.79% Intraday chart for GitLab Inc. +1.97% -29.40%

Valuation

Fiscal Period: January 2022 2023 2024 2025 2026 2027
Capitalization 1 9,268 7,394 11,072 7,187 - -
Enterprise Value (EV) 1 8,383 7,099 10,784 6,543 6,287 6,122
P/E ratio -32.8 x -42.6 x -25.9 x -48.7 x -51.5 x -145 x
Yield - - - - - -
Capitalization / Revenue 36.7 x 17.4 x 19.1 x 9.74 x 7.79 x 6.2 x
EV / Revenue 33.2 x 16.7 x 18.6 x 8.87 x 6.82 x 5.28 x
EV / EBITDA -132 x -84.6 x 3,592 x 149 x 73.4 x 32.7 x
EV / FCF -157 x -85 x 322 x 93.5 x 54 x 33.1 x
FCF Yield -0.64% -1.18% 0.31% 1.07% 1.85% 3.02%
Price to Book 12.1 x 9.06 x 18.1 x 10.9 x 9.75 x 8.21 x
Nbr of stocks (in thousands) 144,791 149,654 155,700 158,900 - -
Reference price 2 64.01 49.41 71.11 45.23 45.23 45.23
Announcement Date 14/03/22 13/03/23 04/03/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Januar 2021 2022 2023 2024 2025 2026 2027
Net sales 1 - 252.7 424.3 579.9 737.9 922 1,160
EBITDA 1 - -63.71 -83.91 3.002 44.05 85.65 187.3
EBIT 1 - -98.28 -87.14 -1.366 36.53 75.51 127.5
Operating Margin - -38.9% -20.54% -0.24% 4.95% 8.19% 11%
Earnings before Tax (EBT) 1 - -159.1 -175.3 -160.2 -152.5 -163.4 -87
Net income 1 -192.2 -155.1 -172.3 -424.2 -144.9 -122 -85.96
Net margin - -61.4% -40.61% -73.15% -19.64% -13.23% -7.41%
EPS 2 -3.820 -1.950 -1.160 -2.750 -0.9283 -0.8786 -0.3113
Free Cash Flow 1 - -53.36 -83.48 33.44 69.98 116.4 185.2
FCF margin - -21.12% -19.67% 5.77% 9.48% 12.63% 15.96%
FCF Conversion (EBITDA) - - - 1,113.99% 158.87% 135.93% 98.84%
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - - - - - - -
Announcement Date 16/07/21 14/03/22 13/03/23 04/03/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: January 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1 2026 Q2
Net sales 1 77.8 87.41 101 113 122.9 126.9 139.6 149.7 163.8 169.2 177.1 187.4 204.1 210.3 220.7
EBITDA 1 -16.61 -24.26 -26.23 -21.53 -12.73 -13.9 -2.057 5.813 14.28 -2.877 12.67 14.75 21.3 21.78 26.77
EBIT 1 -27.38 -24.82 -26.96 -21.6 -13.76 -15 -4.296 4.69 13.24 -3.814 10.58 12.3 17.47 9.868 18.93
Operating Margin -35.19% -28.4% -26.68% -19.12% -11.2% -11.82% -3.08% 3.13% 8.08% -2.25% 5.97% 6.56% 8.56% 4.69% 8.58%
Earnings before Tax (EBT) 1 -49.64 -24.1 -60.74 -49.64 -41.05 -50.66 -46.28 -28.82 -34.39 -42.18 -33.7 -35.9 -36.3 -77.8 -63.8
Net income 1 -45.78 -26.1 -59.02 -48.46 -38.73 -52.47 -50.08 -285.2 -36.47 -54.64 -32.72 -30.7 -28.74 -40.37 -29.6
Net margin -58.85% -29.86% -58.42% -42.89% -31.51% -41.35% -35.88% -190.53% -22.27% -32.3% -18.47% -16.38% -14.08% -19.2% -13.41%
EPS 2 -0.3200 -0.1800 -0.4000 -0.3300 -0.2600 -0.3500 -0.3300 -1.840 -0.2300 -0.3500 -0.2031 -0.1936 -0.1927 -0.2483 -0.2259
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 14/03/22 06/06/22 06/09/22 05/12/22 13/03/23 05/06/23 05/09/23 04/12/23 04/03/24 03/06/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: January 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - - - - - - -
Net Cash position 1 - 885 295 288 644 900 1,065
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - -53.4 -83.5 33.4 70 116 185
ROE (net income / shareholders' equity) - -35.1% -8.76% 4.86% 10.3% 20.9% 23%
ROA (Net income/ Total Assets) - - -5.99% 2.62% 4.8% -5.5% -3.7%
Assets 1 - - 2,875 -16,190 -3,021 2,217 2,323
Book Value Per Share 2 - 5.280 5.460 3.920 4.160 4.640 5.510
Cash Flow per Share 2 - -0.6200 -0.5200 0.2300 0.3600 0.5700 -
Capex 1 - 3.54 6.07 1.6 5.26 7.29 8.15
Capex / Sales - 1.4% 1.43% 0.28% 0.71% 0.79% 0.7%
Announcement Date 16/07/21 14/03/22 13/03/23 04/03/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
25
Last Close Price
45.23 USD
Average target price
65.78 USD
Spread / Average Target
+45.44%
Consensus
  1. Stock Market
  2. Equities
  3. GTLB Stock
  4. Financials GitLab Inc.
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