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As #pandemic induced #digitaltransformation rush abates, SaaS companies face tough YoY growth comparables
+
#economic headwinds
=
Normalization of valuations back to pre-pandemic levels.

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$TEAM : Atlassian had a massive run to over 60x EV/Sales (NTM).

22E Rev: 2.8B
23E Rev: 3.5B @ 26% gr
GM 85% range
EBITDA margin : 25% for 2022 but decelerating to teens in 2023

Src: @Sentieo
#SaaS #software #tech #news #Nasdaq $NDX $IGV #hypergrowth #growth #trendwhizo

@Sentieo

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$SNOW: Snowflake ran to over 120x EV/Sales (NTM) but normalizing to 24x, a premium to data peers due to superior growth profile

22E Rev: 1.22B
23E Rev: 2B (66% gr)
22E GM 60-70%

Src: @Sentieo
#SaaS #software #tech #news #Nasdaq $NDX $IGV #hypergrowth #growth #trendwhizo

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