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Okta | 10-K: FY2024 Annual Report

Okta | 10-K: FY2024 Annual Report

Okta | 10-K:2024财年年报
美股sec公告 ·  03/01 16:08
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Okta, a leading independent identity partner, reported a year of financial growth and business expansion in its annual financial report for the fiscal year ended January 31, 2024. The company's revenue increased to $2,263 million, up 22% from the previous year's $1,858 million. Despite this growth, Okta experienced a net loss of $355 million, which was an improvement from the prior year's net loss of $815 million. The company's subscription revenue, which constitutes approximately 97% of total revenue, was a key driver of growth, primarily due to new customer acquisitions and increased usage among existing customers. Okta's customer base grew to over 18,950, with 4,485 customers having an annual contract value above $100,000. The company's Dollar-Based Net Retention Rate for the trailing 12 months ended...Show More
Okta, a leading independent identity partner, reported a year of financial growth and business expansion in its annual financial report for the fiscal year ended January 31, 2024. The company's revenue increased to $2,263 million, up 22% from the previous year's $1,858 million. Despite this growth, Okta experienced a net loss of $355 million, which was an improvement from the prior year's net loss of $815 million. The company's subscription revenue, which constitutes approximately 97% of total revenue, was a key driver of growth, primarily due to new customer acquisitions and increased usage among existing customers. Okta's customer base grew to over 18,950, with 4,485 customers having an annual contract value above $100,000. The company's Dollar-Based Net Retention Rate for the trailing 12 months ended January 31, 2024, was 111%. Okta's business development was marked by the expansion of its Workforce Identity Cloud and Customer Identity Cloud, powered by Auth0, which now boasts over 7,000 integrations. Looking ahead, Okta plans to continue investing in its platform infrastructure and support organizations to improve gross margins and expand its security posture. However, the company also noted potential future financial performance impacts from cybersecurity incidents and current economic conditions, including rising interest rates and inflation. Okta completed the acquisition of Spera Cybersecurity, Inc. and its subsidiary, indicating a strategic move to enhance its security offerings. The company's liquidity remains strong, with cash, cash equivalents, and short-term investments totaling $2,202 million as of January 31, 2024.
Okta作为领先的独立身份合作伙伴,发布了截至2024年1月31日结束的财年的年度财务报告,报告显示该公司经历了财务增长和业务扩张。公司的营业收入增至2263亿美元,比上一年的1858亿美元增长了22%。尽管有此增长,Okta仍经历了一次净亏损,金额为3.55亿美元,但这比前一年的8.15亿美元净亏损有所改善。公司的订阅收入约占总收入的97%,是增长的关键驱动因素,主要由于新增客户获取和现有客户使用增加所致。Okta的客户基础增长到超过18,950,其中4485个客户的年合同价值超过10万美元。公司截至2024年1月31日的以美元计的净留存率为111%。Okta在业务拓展方面取得了成功,扩展了...展开全部
Okta作为领先的独立身份合作伙伴,发布了截至2024年1月31日结束的财年的年度财务报告,报告显示该公司经历了财务增长和业务扩张。公司的营业收入增至2263亿美元,比上一年的1858亿美元增长了22%。尽管有此增长,Okta仍经历了一次净亏损,金额为3.55亿美元,但这比前一年的8.15亿美元净亏损有所改善。公司的订阅收入约占总收入的97%,是增长的关键驱动因素,主要由于新增客户获取和现有客户使用增加所致。Okta的客户基础增长到超过18,950,其中4485个客户的年合同价值超过10万美元。公司截至2024年1月31日的以美元计的净留存率为111%。Okta在业务拓展方面取得了成功,扩展了Workforce Identity Cloud和Customer Identity Cloud,由Auth0提供支持,现在拥有超过7000个整合。展望未来,Okta计划继续投资于其平台基础设施和支持组织,以改善毛利率并扩展其安全姿态。但是,公司还指出,网络安全事件和当前的经济状况,包括利率期货和通货膨胀,可能会对未来的财务表现产生影响。Okta完成了对Spera Cybersecurity,Inc.及其子公司的收购,表明了加强其安全产品的战略性举措。截至2024年1月31日,公司的流动性保持强劲,现金、现金等价物和短期投资总额达到了2202亿美元。
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