MongoDB Inc

MDB

Equity

ISIN US60937P1066 / Valor 38433888

NASDAQ (2024-11-20)

USD 281.76-2.56%

MongoDB Inc
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About company

MongoDB Inc. is a software company founded in 2007 by the team behind DoubleClick, an Internet advertising company now owned by Google. The company was inspired to create a database that addressed the scalability and agility challenges faced at DoubleClick, where custom data stores were used to work around existing database limitations. MongoDB offers a database platform that aims to provide a more efficient and flexible solution for businesses dealing with large volumes of data.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

MongoDB Inc. reported total revenue of $450.6 million for the first quarter of fiscal 2025, marking a 22% increase year-over-year. Subscription revenue contributed $436.9 million, a 23% rise, while services revenue was $13.7 million, up by 1% from the previous year.

Gross Profit

The gross profit for MongoDB Inc. in the first quarter of fiscal 2025 was $327.9 million, representing a 73% gross margin. This is a slight decrease from the 74% gross margin reported in the same period last year. On a non-GAAP basis, the gross profit was $337.8 million, with a 75% gross margin.

Loss from Operations

MongoDB Inc. experienced a loss from operations amounting to $98.2 million in the first quarter of fiscal 2025, compared to a $68.5 million loss in the same quarter of the previous year. However, on a non-GAAP basis, the company reported an income from operations of $32.8 million.

Net Loss

The net loss for MongoDB Inc. in the first quarter of fiscal 2025 was $80.6 million, or $1.10 per share, based on 73.0 million weighted-average shares outstanding. This compares to a net loss of $54.2 million, or $0.77 per share, in the same period last year. Non-GAAP net income was $42.7 million, or $0.51 per share.

Cash Flow

As of April 30, 2024, MongoDB Inc. had $2.1 billion in cash, cash equivalents, short-term investments, and restricted cash. The company generated $63.6 million in cash from operations during the first quarter of fiscal 2025, resulting in a free cash flow of $61.0 million, compared to $51.8 million in the same period last year.

Summarized from source with an LLMView Source

Key figures

-30.9%1Y

-50.5%3Y

90.7%5Y

Performance

55.8%1Y

71.3%3Y

66.6%5Y

Volatility