- Third quarter revenue of $70.6 million, up 15%
year-over-year
- Number of paying customers grew 29% year-over-year to
2,471
- Cash Flow from Operations of $8.0 million and Free Cash Flow of
$7.5 million
Amplitude, Inc. (Nasdaq: AMPL), a leading digital analytics
platform, today announced financial results for its third quarter
ended September 30, 2023.
“New ARR was more broad-based this quarter,” said Spenser
Skates, CEO and co-founder of Amplitude. “We also drove an
incredible company-wide effort to launch our Plus plan, bringing
the full power of digital analytics to every team for less cost.
Amplitude is helping customers personalize experiences, embrace
rapid testing, and drive insights to action with one singular
platform.”
Third Quarter 2023 Financial Highlights:
(in millions, except per share and
percentage amounts)
Third Quarter 2023
Third Quarter 2022
Y/Y Change
Annual Recurring Revenue
$273
$243
12%
Revenue
$70.6
$61.6
15%
GAAP Loss from Operations
$(20.9)
$(24.2)
$3.3
Non-GAAP Income (Loss) from Operations
$2.8
$(4.9)
$7.7
GAAP Net Loss Per Share, Basic and
Diluted
$(0.15)
$(0.20)
$0.05
Non-GAAP Net Income (Loss) Per Share,
Diluted
$0.05
$(0.03)
$0.08
Net Cash Provided by (Used in) Operating
Activities
$8.0
$(3.1)
$11.1
Free Cash Flow
$7.5
$(3.9)
$11.4
Remaining Performance Obligations
$237.6
$248.1
(4)%
Current Remaining Performance
Obligations
$186.8
$183.9
2%
Non-GAAP income (loss) from operations and non-GAAP net income
(loss) per share exclude expenses related to stock-based
compensation expense and related employer payroll taxes,
amortization of acquired intangible assets, and non-recurring costs
such as restructuring and other related charges. Stock-based
compensation expense, exclusive of those related to our
restructuring, and the related employer payroll taxes were $23.5
million in the third quarter of 2023 compared to $18.8 million in
the third quarter of 2022. This increase was primarily driven by
increases in employee headcount. Free cash flow is GAAP net cash
provided by (used in) operating activities, less cash used for
purchases of property and equipment and capitalized internal-use
software costs. The section titled "Non-GAAP Financial Measures"
below contains a description of the non-GAAP financial measures and
reconciliations between historical GAAP and non-GAAP information
are contained in the tables below.
Third Quarter and Recent Business Highlights:
- Number of paying customers grew 29% year-over-year to
2,471.
- Annual Recurring Revenue was $273 million, an increase of 12%
year-over-year and an increase of $5 million compared to the second
quarter of 2023.
- GAAP Net Loss per share was $0.15, based on 117.9 million
shares, compared to a loss of $0.20 per share, based on 112.0
million shares, in the third quarter of 2022.
- Non-GAAP Net Income per share was $0.05, based on 128.1 million
diluted shares, compared to a loss of $0.03 per share, based on
112.0 million diluted shares, in the third quarter of 2022.
- Cash Flow from Operations was $8.0 million, an $11.1 million
increase year over year.
- Free Cash Flow was $7.5 million, an $11.4 million increase year
over year.
- Launched Amplitude Plus, a new self-service offering that puts
Amplitude Analytics, CDP, and feature-management capabilities into
the hands of more teams at a lower cost.
Financial Outlook:
The fourth quarter and full year 2023 outlook information
provided below is based on Amplitude’s current estimates and is not
a guarantee of future performance. These statements are
forward-looking and actual results may differ materially. Refer to
the “Forward-Looking Statements” section below for information on
the factors that could cause Amplitude’s actual results to differ
materially from these forward-looking statements.
For the fourth quarter and full year 2023, the Company
expects:
Fourth Quarter 2023
Full Year 2023
Revenue
$71.3 - $71.9 million
$276.2 - $276.8 million
Non-GAAP Operating Income (Loss)
$1.3 - $1.9 million
$(4.5) - $(3.9) million
Non-GAAP Net Income Per Share, Diluted
$0.02 - $0.03
$0.05 - $0.06
Weighted Average Shares Outstanding,
Diluted
129.8 million
127.8 million
The impact of restructuring charges, which include employee
severance and termination benefits, are excluded from our non-GAAP
operating income (loss) and non-GAAP net income per share business
outlook.
An outlook for GAAP income (loss) from operations, GAAP net
income (loss), GAAP net income (loss) per share and a
reconciliation of expected non-GAAP income (loss) from operations
to GAAP income (loss) from operations, expected non-GAAP net income
to GAAP net income (loss), and expected non-GAAP net income per
share to GAAP net income (loss) per share have not been provided as
the quantification of certain items included in the calculation of
GAAP income (loss) from operations, GAAP net income (loss) and GAAP
net income (loss) per share cannot be reasonably calculated or
predicted at this time without unreasonable efforts. For example,
the non-GAAP adjustment for stock-based compensation expense
requires additional inputs such as the number and value of awards
granted that are not currently ascertainable, and the non-GAAP
adjustment for amortization of acquired intangible assets depends
on the timing and value of intangible assets acquired that cannot
be accurately forecasted.
Conference Call Information:
Amplitude will host a live video webcast to discuss its
financial results for its third quarter ended September 30, 2023,
as well as the financial outlook for its fourth quarter and full
year 2023 today at 2:00 PM Pacific Time / 5:00 PM Eastern Time.
Interested parties may access the webcast, earnings press release,
and investor presentation on the events section of Amplitude’s
investor relations website at investors.amplitude.com. A replay
will be available in the same location a few hours after the
conclusion of the live webcast.
Forward-Looking Statements:
This press release contains express and implied "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995, including statements regarding the Company’s
financial outlook for the fourth quarter and full year 2023, the
Company’s growth strategy and business aspirations and its market
position and market opportunity. These statements are often, but
not always, made through the use of words or phrases such as “may,”
“should,” “could,” “predict,” “potential,” “believe,” “expect,”
“continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,”
“plan,” “projection,” “would,” and “outlook,” or the negative
version of those words or phrases or other comparable words or
phrases of a future or forward-looking nature. These
forward-looking statements are not statements of historical fact,
and are based on current expectations, estimates, and projections
about the Company’s industry as well as certain assumptions made by
management, many of which, by their nature, are inherently
uncertain and beyond the Company’s control. These statements are
subject to numerous uncertainties and risks that could cause actual
results, performance, or achievement to differ materially and
adversely from those anticipated or implied in the statements,
including risks related to: the Company’s limited operating history
and rapid growth over the last several years, which makes it
difficult to forecast the Company’s future results of operations;
the Company’s history of losses; any decline in the Company’s
customer retention or expansion of its commercial relationships
with existing customers or an inability to attract new customers;
expected fluctuations in the Company’s financial results, making it
difficult to project future results; the Company’s focus on sales
to larger organizations and potentially increased dependency on
those relationships, which may increase the variability of the
Company’s sales cycles and results of operations; downturns or
upturns in new sales, which may not be immediately reflected in the
Company’s results of operations and may be difficult to discern;
unfavorable conditions in the Company’s industry or the global
economy, or reductions in information technology spending, which
could limit the Company’s ability to grow its business; the
Company’s restructuring plan, which may not result in anticipated
savings or operational efficiencies and could result in total costs
and expenses that are greater than expected; the market for SaaS
applications, which may develop more slowly than the Company
expects or decline; the Company’s intellectual property rights,
which may not protect its business or provide the Company with a
competitive advantage; and evolving privacy and other data-related
laws. Additional risks and uncertainties that could cause actual
outcomes and results to differ materially from those contemplated
by the forward-looking statements are or will be included under the
caption "Risk Factors" and elsewhere in the reports and other
documents that the Company files with the Securities and Exchange
Commission (the “SEC”) from time to time, including the Company’s
Annual Report on Form 10-K for the fiscal year ended December 31,
2022, which was filed with the SEC on February 16, 2023, and the
Company’s Quarterly Report on Form 10-Q for the quarter ended
September 30, 2023, which is being filed with the SEC at or around
the date hereof. The forward-looking statements made in this press
release relate only to events as of the date on which the
statements are made. The Company undertakes no obligation to update
any forward-looking statements made in this press release to
reflect events or circumstances after the date of this press
release or to reflect new information or the occurrence of
unanticipated events, except as required by law.
Non-GAAP Financial Measures:
This press release includes financial information that has not
been prepared in accordance with GAAP. The Company uses non-GAAP
financial measures internally in analyzing its financial results
and believes they are useful to investors, as a supplement to GAAP
measures, in evaluating the Company’s ongoing operational
performance. The Company believes that the use of these non-GAAP
financial measures provides an additional tool for investors to use
in evaluating ongoing operating results and trends and in comparing
the Company’s financial results with other companies in the
industry, many of which present similar non-GAAP financial measures
to investors. There are a number of limitations related to the use
of non-GAAP financial measures versus comparable financial measures
determined under GAAP. For example, other companies in the
Company’s industry may calculate these non-GAAP financial measures
differently or may use other measures to evaluate their
performance. In addition, free cash flow does not reflect the
Company’s future contractual commitments and the total increase or
decrease of its cash balance for a given period.
Non-GAAP financial measures should not be considered in
isolation from, or as a substitute for, financial information
prepared in accordance with GAAP. A reconciliation of the Company’s
non-GAAP financial measures to their most directly comparable GAAP
measures has been provided in the financial statement tables
included below in this press release. Investors are encouraged to
review the reconciliation of these non-GAAP financial measures to
their most directly comparable GAAP financial measures below.
Non-GAAP Gross Profit, Non-GAAP Gross Margin, Non-GAAP
Operating Expenses, Non-GAAP Income (Loss) from Operations,
Non-GAAP Operating Margin, Non-GAAP Net Income (Loss), and Non-GAAP
Net Income (Loss) per Share.
The Company defines these non-GAAP financial measures as their
respective GAAP measures, excluding expenses related to stock-based
compensation expense and related employer payroll taxes,
amortization of acquired intangible assets, and non-recurring costs
such as restructuring and other related charges. The Company
excludes stock-based compensation expense and related employer
payroll taxes, which is a non-cash expense, from certain of its
non-GAAP financial measures because it believes that excluding this
item provides meaningful supplemental information regarding
operational performance. The Company excludes amortization of
intangible assets, which is a non-cash expense, related to business
combinations from certain of its non-GAAP financial measures
because such expenses are related to business combinations and have
no direct correlation to the operation of the Company’s business.
Although the Company excludes these expenses from certain non-GAAP
financial measures, the revenue from acquired companies subsequent
to the date of acquisition is reflected in these measures and the
acquired intangible assets contribute to the Company’s revenue
generation. The Company excludes non-recurring costs from certain
of its non-GAAP financial measures because such expenses do not
repeat period over period and are not reflective of the ongoing
operation of the Company’s business.
The Company uses non-GAAP gross profit, non-GAAP gross margin,
non-GAAP operating expenses, non-GAAP income (loss) from
operations, non-GAAP operating margin, non-GAAP net income (loss),
and non-GAAP net income (loss) per share in conjunction with its
traditional GAAP measures to evaluate the Company’s financial
performance. The Company believes that these measures provide its
management, board of directors, and investors consistency and
comparability with its past financial performance and facilitates
period-to-period comparisons of operations.
Free Cash Flow and Free Cash Flow Margin. The Company
defines free cash flow as net cash provided by (used in) operating
activities, less cash used for purchases of property and equipment
and capitalized internal-use software costs. Free cash flow margin
is calculated as free cash flow divided by total revenue. The
Company believes that free cash flow and free cash flow margin are
useful indicators of liquidity that provides its management, board
of directors, and investors with information about its future
ability to generate or use cash to enhance the strength of its
balance sheet and further invest in its business and pursue
potential strategic initiatives.
Definitions of Business Metrics:
Annual Recurring Revenue
The Company defines Annual Recurring Revenue (“ARR”) as the
annual recurring revenue of subscription agreements, including
certain premium professional services that are subject to
contractual subscription terms, at a point in time based on the
terms of customers’ contracts. ARR should be viewed independently
of revenue, and does not represent the Company’s GAAP revenue on an
annualized basis, as it is an operating metric that can be impacted
by contract start and end dates and renewal rates. ARR is also not
intended to be a forecast of revenue.
Dollar-Based Net Retention Rate
The Company calculates dollar-based net retention rate as of a
period end by starting with the ARR from the cohort of all
customers as of 12 months prior to such period-end (the “Prior
Period ARR”). The Company then calculates the ARR from these same
customers as of the current period-end (the “Current Period ARR”).
Current Period ARR includes any expansion and is net of contraction
or attrition over the last 12 months, but excludes ARR from new
customers as well as any overage charges in the current period. The
Company then divides the total Current Period ARR by the total
Prior Period ARR to arrive at the dollar-based net retention rate
("NRR"). The Company then calculates the weighted average of the
trailing 12-month dollar-based net retention rates, to arrive at
the dollar-based net retention rate (“NRR (TTM)”).
About Amplitude
Amplitude is a leading digital analytics platform that helps
companies unlock the power of their products. Almost 2,500
customers, including Atlassian, Jersey Mike’s, NBCUniversal,
Shopify, and Under Armour, rely on Amplitude to gain self-service
visibility into the entire customer journey. Amplitude guides
companies every step of the way as they capture data they can
trust, uncover clear insights about customer behavior, and take
faster action. When teams understand how people are using their
products, they can deliver better product experiences that drive
growth. Amplitude is the best-in-class analytics solution for
product, data, and marketing teams, ranked #1 in multiple
categories in G2’s Fall 2023 Report. Learn how to optimize your
digital products and business at amplitude.com.
AMPLITUDE, INC. CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands) September 30, 2023 December
31, 2022 (unaudited) Assets Current assets: Cash and
cash equivalents
$
238,525
$
218,494
Marketable securities, current
82,952
11,971
Accounts receivable, net
32,810
22,716
Prepaid expenses and other current assets
19,593
20,335
Deferred commissions, current
12,294
10,918
Total current assets
386,174
284,434
Marketable securities, noncurrent
2,379
71,217
Property and equipment, net
9,807
9,408
Intangible assets, net
926
2,022
Goodwill
4,073
4,073
Deferred commissions, noncurrent
25,117
25,799
Restricted cash, noncurrent
865
855
Operating lease right-of-use assets
7,371
9,593
Other noncurrent assets
4,566
6,354
Total assets
$
441,278
$
413,755
Liabilities and Stockholders' Equity Current liabilities: Accounts
payable
$
6,234
$
490
Accrued expenses
27,233
18,699
Deferred revenue
109,019
89,993
Total current liabilities
142,486
109,182
Operating lease liabilities, noncurrent
4,516
7,093
Noncurrent liabilities
2,702
2,511
Total liabilities
149,704
118,786
Stockholders’ equity: Common stock
1
1
Additional paid-in capital
637,157
568,889
Accumulated other comprehensive loss
(597
)
(754
)
Accumulated deficit
(344,987
)
(273,167
)
Total stockholders’ equity
291,574
294,969
Total liabilities and stockholders’ equity
$
441,278
$
413,755
AMPLITUDE, INC. CONDENSED CONSOLIDATED STATEMENTS OF
OPERATIONS (In thousands, except per share amounts)
Three Months Ended September
30,
Nine Months Ended September
30,
2023
2022
2023
2022
(unaudited) (unaudited) (unaudited)
(unaudited) Revenue
$
70,637
$
61,614
$
204,881
$
172,809
Cost of revenue (1)
17,291
18,076
53,658
51,199
Gross profit
53,346
43,538
151,223
121,610
Operating expenses: Research and development (1)
$
21,797
$
21,590
$
67,940
$
58,397
Sales and marketing (1)
38,475
32,528
115,934
94,793
General and administrative (1)
13,997
13,610
40,138
39,184
Restructuring and other related charges (1)
—
—
8,194
—
Total operating expenses
74,269
67,728
232,206
192,374
Loss from operations
(20,923
)
(24,190
)
(80,983
)
(70,764
)
Other income (expense), net
3,444
1,442
9,889
1,821
Loss before provision for (benefit from) income taxes
(17,479
)
(22,748
)
(71,094
)
(68,943
)
Provision for (benefit from) income taxes
268
(204
)
726
389
Net loss
$
(17,747
)
$
(22,544
)
$
(71,820
)
$
(69,332
)
Net loss per share Basic and diluted
$
(0.15
)
$
(0.20
)
$
(0.62
)
$
(0.63
)
Weighted-average shares used in calculating net loss per share:
Basic and diluted
117,902
112,016
116,160
110,876
(1) Amounts include stock-based compensation expense as
follows:
Three Months Ended September 30, Nine Months
Ended September 30,
2023
2022
2023
2022
Cost of revenue
$
1,947
$
1,793
$
5,426
$
4,385
Research and development
9,285
7,486
27,173
19,153
Sales and marketing
7,843
5,029
21,677
11,474
General and administrative
4,010
4,184
9,876
11,819
Restructuring and other related charges
—
—
853
—
Total stock-based compensation expense
$
23,085
$
18,492
$
65,005
$
46,831
AMPLITUDE, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH
FLOWS (In thousands) Three Months Ended September
30, Nine Months Ended September 30,
2023
2022
2023
2022
(unaudited) (unaudited) (unaudited)
(unaudited) Cash flows from operating activities: Net loss
$
(17,747
)
$
(22,544
)
$
(71,820
)
$
(69,332
)
Adjustments to reconcile net loss to net cash provided by (used in)
operating activities Depreciation and amortization
1,448
1,316
4,200
3,226
Stock-based compensation expense
23,085
18,492
65,005
46,831
Other
(384
)
(157
)
(934
)
(62
)
Non-cash operating lease costs
992
969
2,948
2,758
Changes in operating assets and liabilities: Accounts receivable
1,230
(3,347
)
(10,776
)
(10,890
)
Prepaid expenses and other current assets
(3,439
)
(1,131
)
635
(793
)
Deferred commissions
121
(2,693
)
(694
)
(7,588
)
Other noncurrent assets
(577
)
1,696
1,787
3,636
Accounts payable
5,425
1,418
5,754
(1,173
)
Accrued expenses
2,946
6,855
11,080
8,923
Deferred revenue
(4,471
)
(2,907
)
19,027
26,166
Operating lease liabilities
(665
)
(1,106
)
(2,903
)
(2,488
)
Net cash provided by (used in) operating activities
7,964
(3,139
)
23,309
(786
)
Cash flows from investing activities: Purchase of marketable
securities
—
(59,712
)
—
(59,712
)
Purchase of property and equipment
—
(487
)
(995
)
(3,012
)
Capitalization of internal-use software costs
(476
)
(260
)
(1,349
)
(1,523
)
Cash paid for acquisitions, net of cash acquired
—
(394
)
—
(394
)
Net cash provided by (used in) investing activities
(476
)
(60,853
)
(2,344
)
(64,641
)
Cash flows from financing activities: Proceeds from the exercise of
stock options
1,183
1,044
3,569
6,209
Cash received for tax withholding obligations on equity award
settlements
807
4,031
13,030
14,026
Cash paid for tax withholding obligations on equity award
settlements
(5,313
)
(3,856
)
(16,875
)
(14,988
)
Repurchase of unvested stock options
—
(2
)
(648
)
(15
)
Net cash provided by (used in) financing activities
(3,323
)
1,217
(924
)
5,232
Net increase (decrease) in cash, cash equivalents, and restricted
cash
4,165
(62,775
)
20,041
(60,195
)
Cash, cash equivalents, and restricted cash at beginning of the
period
235,225
310,875
219,349
308,295
Cash, cash equivalents, and restricted cash at end of the period
$
239,390
$
248,100
$
239,390
$
248,100
AMPLITUDE, INC. Reconciliation of GAAP to Non-GAAP
Data (In thousands, except percentages and per share
amounts) (unaudited) Three Months Ended September
30, Nine Months Ended September 30,
2023
2022
2023
2022
Reconciliation of gross profit and gross margin GAAP gross
profit
$
53,346
$
43,538
$
151,223
$
121,610
Plus: stock-based compensation expense and related employer payroll
taxes
1,947
1,793
5,426
4,384
Plus: amortization of acquired intangible assets
273
534
965
1,517
Non-GAAP gross profit
$
55,566
$
45,865
$
157,614
$
127,511
GAAP gross margin
75.5
%
70.7
%
73.8
%
70.4
%
Non-GAAP adjustments
3.1
%
3.8
%
3.1
%
3.4
%
Non-GAAP gross margin
78.7
%
74.4
%
76.9
%
73.8
%
Reconciliation of operating expenses GAAP research and
development
$
21,797
$
21,590
$
67,940
$
58,397
Less: stock-based compensation expense and related employer payroll
taxes
(9,395
)
(7,646
)
(27,928
)
(19,661
)
Non-GAAP research and development
$
12,402
$
13,944
$
40,012
$
38,736
GAAP research and development as percentage of revenue
30.9
%
35.0
%
33.2
%
33.8
%
Non-GAAP research and development as percentage of revenue
17.6
%
22.6
%
19.5
%
22.4
%
GAAP sales and marketing
$
38,475
$
32,528
$
115,934
$
94,793
Less: stock-based compensation expense and related employer payroll
taxes
(8,011
)
(5,126
)
(22,352
)
(11,626
)
Less: amortization of acquired intangible assets
(44
)
—
(131
)
—
Non-GAAP sales and marketing
$
30,420
$
27,402
$
93,451
$
83,167
GAAP sales and marketing as percentage of revenue
54.5
%
52.8
%
56.6
%
54.9
%
Non-GAAP sales and marketing as percentage of revenue
43.1
%
44.5
%
45.6
%
48.1
%
GAAP general and administrative
$
13,997
$
13,610
$
40,138
$
39,184
Less: stock-based compensation expense and related employer payroll
taxes
(4,097
)
(4,228
)
(10,177
)
(11,988
)
Non-GAAP general and administrative
$
9,900
$
9,382
$
29,961
$
27,196
GAAP general and administrative as percentage of revenue
19.8
%
22.1
%
19.6
%
22.7
%
Non-GAAP general and administrative as percentage of revenue
14.0
%
15.2
%
14.6
%
15.7
%
Reconciliation of operating loss and operating margin GAAP
loss from operations
$
(20,923
)
$
(24,190
)
$
(80,983
)
$
(70,764
)
Plus: stock-based compensation expense and related employer payroll
taxes
23,450
18,793
65,883
47,659
Plus: amortization of acquired intangible assets
317
534
1,096
1,517
Plus: restructuring and other related charges
—
—
8,194
—
Non-GAAP income (loss) from operations
$
2,844
$
(4,863
)
$
(5,810
)
$
(21,588
)
GAAP operating margin
(29.6
%)
(39.3
%)
(39.5
%)
(40.9
%)
Non-GAAP adjustments
33.6
%
31.4
%
36.7
%
28.5
%
Non-GAAP operating margin
4.0
%
(7.9
%)
(2.8
%)
(12.5
%)
Reconciliation of net income (loss) GAAP net income (loss)
$
(17,747
)
$
(22,544
)
$
(71,820
)
$
(69,332
)
Plus: stock-based compensation expense and related employer payroll
taxes
23,450
18,793
65,883
47,659
Plus: amortization of acquired intangible assets
317
534
1,096
1,517
Plus: restructuring and other related charges
—
—
8,194
—
Less: income tax effect of non-GAAP adjustments
(130
)
—
(130
)
—
Non-GAAP net income (loss)
$
5,890
$
(3,217
)
$
3,223
$
(20,156
)
Reconciliation of net income (loss) per share GAAP net
income (loss) per share, basic
$
(0.15
)
$
(0.20
)
$
(0.62
)
$
(0.63
)
Non-GAAP adjustments to net income (loss)
0.20
0.17
0.65
0.44
Non-GAAP net income (loss) per share, basic
$
0.05
$
(0.03
)
$
0.03
$
(0.19
)
Non-GAAP net income (loss) per share, diluted
$
0.05
$
(0.03
)
$
0.03
$
(0.19
)
Weighted-average shares used in GAAP and non-GAAP per share
calculation, basic
117,902
112,016
116,160
110,876
Weighted-average shares used in GAAP and non-GAAP per share
calculation, diluted(1)
128,140
112,016
126,759
110,876
Note: Certain figures may not sum due to rounding (1) For the three
and nine months ended September 30, 2023, the weighted average
shares used in the GAAP per share calculation excludes 10.2 million
shares and 10.6 million shares, respectively, as the effect is
anti-dilutive in the period.
AMPLITUDE, INC.
Reconciliation of GAAP Cash Flows from Operations to Free Cash
Flow (In thousands, except percentages)
(unaudited) Three Months Ended September 30, Nine
Months Ended September 30,
2023
2022
2023
2022
Net cash provided by (used in) operating activities
$
7,964
$
(3,139
)
$
23,309
$
(786
)
Less: Purchases of property and equipment
—
(487
)
(995
)
(3,012
)
Capitalization of internal-use software costs
(476
)
(260
)
(1,349
)
(1,523
)
Free cash flow
$
7,488
$
(3,886
)
$
20,965
$
(5,321
)
Net cash provided by (used in) operating activities margin
11.3
%
(5.1
%)
11.4
%
(0.5
%)
Non-GAAP adjustments
(0.7
%)
(1.2
%)
(1.1
%)
(2.6
%)
Free cash flow margin
10.6
%
(6.3
%)
10.2
%
(3.1
%)
Note: Certain figures may not sum due to rounding
AMPLITUDE,
INC. Historicals - Key Business Metrics (In millions,
except percentages) (unaudited) June
30,2022 September 30,2022 December 31,2022
March 31,2023 June 30,2023 September 30,2023
Annual Recurring Revenue (ARR)
$
227
$
243
$
255
$
262
$
268
$
273
Dollar-based Net Retention Rate (NRR)
118
%
113
%
110
%
106
%
101
%
99
%
Dollar-based Net Retention Rate (NRR TTM)
126
%
123
%
119
%
114
%
108
%
105
%
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231106937234/en/
Investor Relations Yaoxian Chew ir@amplitude.com
Communications Darah Easton press@amplitude.com
Amplitude (NASDAQ:AMPL)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Amplitude (NASDAQ:AMPL)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024