Summary
CrowdStrike Holdings, Inc. (CRWD) filed its 10-Q for the period ending April 29, 2020, on June 2, 2020. As an emerging growth company, CrowdStrike continues to leverage certain exemptions from public company reporting requirements, which may impact comparability with other companies. Investors should be aware of potential dilution from future stock issuances, as the company has significant authorized but unissued shares. The report also highlights structural provisions within the company's charter documents that could influence control and governance, including its dual-class stock structure, which grants considerable voting power to Class B stockholders.
Financial Highlights
50 data pointsBeta
Financial Statements
Beta
| Revenue | $178.08M |
| Cost of Revenue | $46.90M |
| Gross Profit | $131.18M |
| R&D Expenses | $40.58M |
| Operating Expenses | $153.76M |
| Operating Income | -$22.58M |
| Interest Expense | $143K |
| Net Income | -$19.22M |
| EPS (Basic) | $-0.09 |
| EPS (Diluted) | $-0.09 |
| Shares Outstanding (Basic) | 213.13M |
| Shares Outstanding (Diluted) | 213.13M |
Key Highlights
- 1CrowdStrike is operating as an emerging growth company and is utilizing exemptions that may affect reporting comparability.
- 2The company has significant authorized but unissued share capital, raising the potential for future stock issuances and dilution to existing stockholders.
- 3Dual-class stock structure provides Class B shareholders with substantial influence over matters requiring stockholder approval.
- 4No unregistered sales of equity securities occurred during the reporting period.
- 5There were no purchases of the company's common stock during the three months ended April 30, 2020.
- 6The use of proceeds from the IPO remains consistent with the initial prospectus filed in June 2019.