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mywittyname
on Sept 5, 2018
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Elastic files for an IPO
They have a 75% profit margin. $120mm profit from $160mm in revenue.
hendzen
on Sept 5, 2018
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You are misreading the financials. 120m is cost of revenue, not profit. They had a 52mm net loss in the last year ending April 30th.
mywittyname
on Sept 7, 2018
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Thanks
blawson
on Sept 5, 2018
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I think you mean gross profit? I don't think they've every made a traditional profit.
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