Asana, Inc. (ASAN) is currently priced at $6.27, marking a 0.481% increase from the previous close of $6.24. With a trading volume of $2.63 million, reflecting a 37.22% increase compared to the average, ASAN displays active market participation.
In the latest quarterly earnings report released on Sunday, March 1st, ASAN recorded earnings per share (EPS) of 0.07, meeting consensus estimates.
ASAN's cash flow indicates a positive trend with a free cash flow of $26.40 million, operating cash flow of $27.59 million, and a net change in cash of $16.38 million. Notably, the company issued common stock worth $2.19 million.
The income statement reveals ASAN's revenue at $205.57 million, with a gross profit of $180.57 million. Operating expenses totaled $245.27 million, resulting in a net income of -$32.21 million and an EPS of -14 cents.
Key financial ratios for ASAN include a gross profit margin of 87.84%, return on equity of -20.9%, and a price to sales ratio of 11.88. Notably, the company's price to earnings ratio stands at -18.96.
ASAN's balance sheet illustrates strong financial standing with total assets of $844 million, including $593.35 million in total current assets. The company maintains total liabilities of $689.97 million, resulting in a net debt of $8.76 million.
This real-time financial analysis underlines ASAN's consistent performance and financial stability amidst market fluctuations.
Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. The company's platform enables teams to orchestrate work from daily tasks to cross-functional strategic initiatives; and manages product launches, marketing campaigns, and organization-wide goal settings. It serves customers in industries, such as technology, retail, education, non-profit, government, healthcare, media, and financial services. The company was formerly known as Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.