Everbridge Financials 2021

By IPVM Team, Published Jul 06, 2021, 10:57am EDT (Info+)

Everbridge's revenue grew 35% YoY in 2020 and their valuation grew 1,650% since their IPO in 2016, but is this growth sustainable?

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**** ******** *** ********* ********** *********:

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  • ***** *******, ********* ********, *** ****, and **** ****
  • ********* ******** *******, *** *** ** Sustainable
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  • $*.** ** ******* $* ********* *******, $0.06 ** *****
  • *-**** *********, *** ***%
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  • $***+ ******* ************ ** **** - Q1 ****
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*** ********* *** ************ **** **********,**** ****-**** **********, *********** ************.

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************* ****** ********** **** ******* ***** offers ************ ********* ********* *********** ********* critical ****** (*.*. ****** ******* **********, IT ******* ** *****-*******), ******* ********** organizations' *********** ******** ** ***** ******, helping **** ******** ****** *** ******* business **********.

***** **** ******** ** ********* **** notification *** ******* ********* ******* ******** channels ********* **** *** ***** *** in ********* ********* *** **** ** 50% ** ** **** *******. **** have ***** ***** ************* ******* ** critical ***** ******** ********* ********* *** monitoring ********* *******, *********** ********** ****** and ****** **** ******* ** **** can ** ******* *******, *** ********** to ******* *********.

**** **** ********* ** ******* ***** and ** ********* **********:

** ******* *** ************ ** ********* of ******* *****, ********* ***********, ***** businesses, ***-****** *************, *********** ************ *** governmental ********. *** ********* **** * wide ******* ** ********** ********* **********, energy, ********* ********, ********** *** **** sciences, *************, ***** *** *************, ******, higher ********* *** ************ ********.

**** **** ******* ** ****, **** an *** ** ****, ********* *,***+ ********* ** ** ** 2021. ********** **************** **** ** *** ** ****,***** ********** *** ******* *** ****'* *******.

***** *** *-****** ***** ***** ********* their *****:

Revenue ** **% *** ** **** *** ** ****

******************* **** ******* **** ** $*** million, ** **% *** *** ****** *********** ** $** ******* ** **** up **% ***. ********** *** **********%+ ******* ****** ***** **** ***** going ****** ** ****. *******, **** growth ****** **** ******** ********* ****** through ************.

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Organic ****** ** **% ** ****

***** ***** ******* ****** *** **** 35% ** ****, *% ** **** comes ******** **** ************, ******** ** organic ****** ** **** **%.**** ****** *** ***** **** ***** organic ****** ***** ** **** *** 2018, ***** *** ******* ******** ******* revenue ****** ** **% *** **% respectively, ************** ** *% ** ********% ** *********** ************. ****, ********** ****** "****** *** **** ***** ******** **, 2020, ********* ******* *** ********** *** our ******** *** ************* *********** **** not ************* ******** ** *** *****-** pandemic". **** ***** ***** **** ** organic ******* ****** **** *********.

1,600% ****** ***** ***, **** ***

********** *** * ****** ************** ** $5.1 ******* *** ***** *** ******* has **** ********** ***** ** *,***% since *** ** ****, *** ***** price *** **** ******* **** ***.

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Financials | ***** *******, ********* ********, *** ****, *** **** ****

** **** **********

**********'* ***** ******* ****** ******* **** YoY, ********* **** *** *** **** both ******** ***** ********* **** **** increased:

  • ***** ******* **** ************ ****** ****** 74% ***** ****
  • ********* ****** ********* **** -$** ******* to -$** *******, ******* **** *** 2020, ******** * ******** ** **% YoY
  • *** **** *** ******** ** -$** million ** ****, **** -$** ******* in ****, ******** ** ******** ** 80% ***. **** *** ****** ** a $**.* ******* ******** ** ******** expense ******* ** *** *******'* *********** senior ***** ** **** ** * $70 ******* ******** ** ********* ******** YoY ********* *** ** ********* *********, and * $** ******* ******** ** depreciation *** ************ *** ********** * $70 ******* ******** ** *******.
  • ********* **** ***** **** **** ** an ******* *** *** *******, **** positive ********* **** ***** ***** ***** IPO. *** *** **** ****, *** company *** ~$** ******* ** ********* cash *****, ** ~$* ******* ***, a **% ********. *******, ********** *** been ******* ******** ********* **** **** mostly *** ** ********** *****-***** ************ and ************ *** ************, **** *****-***** compensation ******** $**.* ******* ** ****, $33.4 ******* ** **** *** $**.** million ** **** *** ************ *** amortization ******* ** $**.* ******* ** 2020, $**.* ******* ** **** *** $13.7 ******* ** ****.

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** **** **********

**********'**** **** ********, ******** ********* **** flow *********, ***** ****** ********, *** they ******** $*** ******* ** **** and **** *********** ** ** ** 2021.

  • ********** ******* ***** ****** ** **% in ** ****, ** **% ***.
  • ********* ****** ********* ** -*% ** Q1 **** **** -**% ** ** 2020, ****** ****** ** ** * point ******** ** ***** *** ********* expenses *** ***** * ***** ******** in ***** ******.
  • *** **** **** ******** ******** ** -$22 ******* ** ** ****, **** 12% *** **** * **** ** -$25 *******, *** ** *** ********* operating ****** *** * $*.* ******* benefit **** ****** ***** ** ** 2021 **. $***,*** ** ** **** offsetting * $*.* ******* **** ** extinguishment ** *********** *****.
  • ********** ******* ******** ********* **** ***** of $** ******* ** ** ****, up $** ******* ***, ****** ********** to * $** ******* ******** ** accounts *********** *** $* ******* ********** to ************ *** ************.

****: ********** ********** ******** ************ *** amortization ** **** ** ******* *** operating ********, *** **** *** ******* it ** *** ******* *** **** comparable **** ***** *********

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Growing ********* ********, *** *** ** ***********

********* ******** **** **% ** ******* in ****, ** **** **% ** revenue ** **** *** **** **** 93% ** ****. *** *** **** 2019 ****** *** ****** ** * three-point ******** ** *&* ******** ** 21% ** *******. *&* ******** ********* rose *** ** ** ******** ** headcount, ******** ** *****-***** ************ *** a $* ******* ****** ** **** value ** ********** ************* **********. ***** and ********* ******** **** ********* ** two ********** ******, ********* *** ** increased *********, ********** ********* ******** ** 45% ** *******. ***** ********* **** than ****** * ***-***** ******** ** R&D ** **% ** *******.

*** ****** ******** ** ** **** from ** **** *** ****** ** a ******** ** ***** *** ********* along **** * ******** ** *&* as * ******* ** *******, *** not * ******** ** *&*. ***** it ** ********* *&* ******** ** a ******* ** ******* *********, *&* expenses ** * ******* ** ******* were **** *** ***** ***** *** marketing ********* * ****** **** ** 2018 ** ** ****, ******* ******* growth **** * ******.

** ** ****, ********** ********* *** sales ****** ** **% ** ******* from **% ** ** ****, *******, G&A ******** ******** ** **% ** revenue.

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**********'* ******** ** **** ***** *** marketing ******** ** **** ** ***** growing *&* ******** *** *** ** sustainable. **** ***** *** ********* ******** were **% ** *******, ***** **** and **** ******* **** **% *** 48% ************. ******* ************ **** ***** and ********* ******** ** * ******* of *******, ******* ****** **** **% in ** **** **** **** *** 2018.

********** ********* ***** **** ********** ****** in ******* ******* ******* **** ****** is ******** **** ********* *** ****** to *******. **** *********, ** **** G&A ******** *** ******* ****** **** revenue, *********** *** ********* ******* ** cut ***** *** ****** **********.

***** ****-******* **** ********* ***** *** up ****** ***** ** *** ***** term ** ******** *** ****** *** future *************, **** ** ***** ***** to ** ******* ******* ******* ****** instead ** ********* ******. *******, ********** has ***** ******* ****** *** *** will **** ** ****** ********* ******** to ****** **********.

*********

**********'* ********* ** ********** ** *** FY **** ******* ***** ** ****, but *** ** **** ** **** of *** ***********:

****, ***** ***** ******** ** *** enforcement **** * ********* ******* ***** and **** ******* ****** ****** **********'* ******* ****** ****, *** a ****** ************** ** ~*** ** 2020 *******.

**********, ****** ** ********** ** * direct ********** ** ***** *** *******, has* ****** ************** ** ** **** FY *******.

*******, **** ****** ** ********** ** a ****** ********** ** ***** *** filings,*** * ****** ************** ** *.** FY ***********.

*****, ** ****** ******* *******, ********** ** *** ******* ******* * SPAC ******.

*****, **** ***** *** ********, ***** smart ****, *******, *** ******* *************** ******* * ********* ** ***** **** ********* ******** ****.

**** ** *** ** ****** ** the ******** ***** ********** *** **** notification **********, ** ***** ********** *** a ********* **** ** ****** **** their ****** ***********, **** *** ** in **** *** ** ****** *********** or **********.

$1.06 ** ******* $* ********* *******, **** $*.** ** *****

********** ******* **** ** **** **** $1.06 ** **** ** ******* $* of **** ********* *******, **** $*.** to ****** *** *******. **** ***** Everbridge ***** ***** ** ***** **** but ***** ** ** **** **** if ********* *****.

Contracts * ***** ** ******, *** ***%

*** ** **** **** ****** ******** lengths ** * ***** ** ******* and ***% *** ******* ********* (***), which *** ******* ******* ** “******* ********* **** ******** ********* ********* recurring *******, ********* *******, **********, *** cancels”.

************** *** ****** ***** *** ******** that **** *** ************* ******** *** lifetime ***** ** ***** ******** ************* as **** “******* ********* ***** *** ******** ** our ******* *** ****** ************ **** they ** *** ******* ******* *** of ****** ** ********** *** ********.”

Customers *** ******

********** ******* *,*** ********* ** ** Q1 ****,****% ******** ***** ****. ***** ********* include ******, ******* ********, ******* *,*** companies ***** ******.

************ ******* ** **** ****** ***** between * ********* *** *** **** 'relatively **********', **** ******* **** ***** FY **** ***** *** **% **** corporate *********, **% **** **********, *** 11% **** **********. *** ******* **** states **** ***** ********* ** *******, purchase * *** ** ** ** Everbridge's **** ********, ****** **** *****-******* opportunities ****** *******.

*******, *** ******* ******** ** ******* growth ** ***** ******** *** ************ of ******** ************, ******* *********** ***** existing ******** ****, ********* ***** *********** ecosystem, ************* ********* *** ******** ************.**** *** **** **** ******** ***** to **** *** ********* **** ***** portfolio ** ******** *** * ******* set ** *********. *** ******* ******** "there ** * *********** *********** ****** our ******** ******** **** ** ****** their *** ** *** ********" ** cross-selling ******** *** ******* ********** *********** from ** ************ ** *********. ********** also ***** ** ****** *** ******** including ** ************* *******. ********** *** offering ****** ******* ******** *********** *** acquisition ** ******* ******** ********** ***** to *** *** ******.

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************

********** ******** * ********* *** * base ************* ** $*** ******* ** 2020 *** * ** *** ** 2021, ** ** **, *** **** $55 *******.********** **** *&* ** **** ** their ******** *** **** **** ****** mid ** **** ******-***** ****** ******* acquisitions ** ******* **** ******** ****:

*&* *** ****** **** **** ** the ******** *** **********. *** * think ***** ****** ****** ***** ********* in *** *** ** **** ****** digit ** *** ****** **** ****** from *********** *** *** **** ****** from *** ***********

** *** ** ****, ********** *** acquired *** *** ************ *** ******** for **** $** *******:

*** *** ************ ***

****** ** **** ****************** *** *** ************ ****** $** ******* “*** *** **** incident ******** ********* ******** ** ******* the *******’* *** ***** ** ********* as **** ** ****** *********** *** customer *****”

********

*** ** *** ** ****, ********** has******** ********* ******** ** ** ******* **********, Cybersecurity *** ****** ******** ******** **********. This *********** *** ** "**** ************* ******** ** ****** **** quickly, ******** **********, ***** *********** ****, manage ******* *** ***** ********** *********** with *********, ************* ********** ** ************'* ability ** ******* **** * ******** digital ****** ** **** ***** ********** running ******.”

** **** ********** ******** ********* **** CNL, ********** ***., ******** ***** *.*, Techwan **, *** ********* ******* *** $120 *******:

**** ***

********** ************ ****** $** ******* “*** *** ********* technology ****** ** ******* *** *******’* CEM ***** ** ********* ** ******* support *** *** ************ ** **** as ****** *********** *** ******** *****.”

**********, ***.

********** ******** **********, ***. *** $** ******* “** ******* the *******’* *** ***** ** ********* to ******* ******* *** ******** ** Things (“***”) ************ ** **** ** market *********** *** ******** *****.”

******** ***** *.*

******** ***** *.*. *** *********** $** ******* “*** *** **** broadcast ********** ** ******* *** *******’* public ******* ************ ** **** ** market *********** *** ******** *****.”

******* **

********** **** $**.* ********** ******* **** ******* “*** ********* ********** ****** to ******* *** *******’* *** ***** of ********* ** **** ** ****** penetration *** ******** *****. ** ******** receivable”

********* *******

********** ***************** ********** $** ******* “*** *** ******** communications ******** ** ******* *** *******’* CEM ***** ** ********* ** **** as ****** *********** *** ******** *****.”

Risk ** ****** ** ***********

***** ** * **** ** ******* into * ********** *** ********** ************ if ************ *** *** ********** ****, especially *** * ******* ******* **** Everbridge.********* ********* **** **** ********* ********** and *************, **** *** ** **** to ********* *** **** *********** *** be ********* ** ****-*********.

****, ********** ***** *** ***** *********** a *******'* ********** *** ******** ** purchasing ********* **********, ******* ** **** intangible *****. ************ *** **** ****** inefficiencies *** ************** *****.

********* ** *** *******, ***** *********** ** ******** **********, asset ** ******** **** ***** ********** may **** * *********** ****** ** time. ************ **** ***** ****** ***** financial ******** *** ******* ************, ** cause ************ ** ***** ********* *** annual ******* ** **********, *********** *** to ************** *** ************** *****. *** company **** ***** **** **** *** incur *********** ***** ** ***** ******* to ****** ** ********* ************ *** these ************ *** *** ****** ** successful ************.

Subscriptions **% ** *******, ******* ** ******* *******

************* **** **% ** ******* ** Q1 **** **** *% *** ****** driven ** ****** **** ******** ********. Subscriptions **** **% ** ** ****, $230 *******, ******** ** $*** ******* in **** *** $*** ******* ** 2018, ********** *% *** *% ************.

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Expanding ***************, ** ***** */**** ** *******

*** ** ******* **********’* ******* ******, but ***-** ******* *** ***** *********** YoY, ********** **** **% ** **** to **% ** ****. ********** **** international ****** *** **** * ***** and **** ******* ** ***** ********** make ** */*** ** */**** ** total *******:

**'** **** ********** ******** *** *** international **-**-****** ********* *** *** **** few *****, * ****** ** ***** ago; *** ******* ** ******* **** outside ** *** ****** ****** *** in *** ****** ******. *** ***** now **'** *********** * *****. *** we ***** ** ***** ** * half ** *** ****** ** **** more ** *** *******. **'** **** investing * *** ** *** ******** region, *** **** *** ****** ******* opportunity **** *** **. *** **** year, ** *** * ****** ****** of *** ** ****. *** **'** got ****** ** *** ****** ****, where **'** **** ******* * *** of ***** ***** *** *** **'** seeding ****. ** ** *** *** hand, **'* **** ***** ****. ** the ***** ****, **'** ***** ** the ******* **** **'** *** *****.

*******

**********'* ****** ************** *** ********* ** 1,600% *** ******* *** ***** ***% since ***** *** ** ****, *** the ******* ********* ** **** *****, and ********* ******** ****** ****. ** they *** **** ** **** ******** from ******* **** ******* **** ***** become * ********** *******, *** ******** outpaced *** ******* ****** ** ****. In ********, ***** ******** ** ********* ~7% ****** ******* *********** **** **** could **** ** * ********** ******* that **** *** ******* ** *** cohesive ****.

Comments (1)

****** **** ** ********** ******** *** user **** *** *****, **** **** some **** ********. **** ** **** issues.

****:

*. **** *********

*. ***** **** ** ******* ** customer ********. **** **** *********** *** request *******, *** **** ** ******* a ********.

****:

*. **** **** ************** ** ******* regarding ****** *** **

*. **** *** **** ***** ** submit *** ***** ** ******* ********, however, **** ** **** * ***. Because ******* ******** *** ***** ** the *****. **** **** ** ***** upon ** ***** ******* *** ** voted **** ****** **** **** ** included ** * ******, ******** **** the **** ******** *** ****. *** only ***** *** ** *** ********** staff *** ******* *** ***** ** review *** *** *** ***** *** and ****** ** *** **. *******, again **** ** *** * ****** time ***** *** **** ** ******* as ** **** ** **** *** added ** *** *******.

***** ** **** ** ******* ** Everbridge ***** *****, ***** **** ** there ****** ********* *** ******** ************ to ***** ***** **********. *********, **'* a **** ***** ** ******* *** clients *** *** ******, *** ********* on *** ** ** *********, ** simply ** ******** ***** **********.

* **** *** *** *******'* *** or **** ****** ***'* **** ** be ****** ***********. **** *** ** a ********** ** *** ******* *** not *** ******* ********.

**** ** *** ********** *********** **** been ******** ********** *** *****, **** as ***, **********, *** *** *********.

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