Okay, I have done the unthinkable.
broke my own rules.
I decided to allocate a tiny % of my portfolio into a company I know nothing about!!!
Datadog.
Why? because I like dogs and they are cute. Who doesn't like dogs???
Kidding.
Let me share more about this canine $DDOG
broke my own rules.
I decided to allocate a tiny % of my portfolio into a company I know nothing about!!!
Datadog.
Why? because I like dogs and they are cute. Who doesn't like dogs???
Kidding.
Let me share more about this canine $DDOG
This is a personal experiment.
After my recent trimming down and exit from Peloton, I've a fair bit of undeployed $$$.
I added a bit to some of my core positions.
But there's still quite some leftover.
So I'll use this chance to widen my circle of competence. Have some fun.
After my recent trimming down and exit from Peloton, I've a fair bit of undeployed $$$.
I added a bit to some of my core positions.
But there's still quite some leftover.
So I'll use this chance to widen my circle of competence. Have some fun.
$DDOG Numbers so far
Revenue last 5 qtrs:
155m, 178, 199, 234, 270
YoY increase: 57%, 52, 67, 75! (pretty solid acceleration)
QoQ: 15%, 12, 18, 15
Revenue last 5 qtrs:
155m, 178, 199, 234, 270
YoY increase: 57%, 52, 67, 75! (pretty solid acceleration)
QoQ: 15%, 12, 18, 15
Gross profit: 137m, 152, 176, 207
% of revenue: 77%, 76, 75, 77 - holding steady and consistent!
Non GAAP operating profit: 18m, 20m, 31, 44m
% of rev: 10%, 10, 13, 16 - trending up nice and beautiful
FCF: 16.6m, 45m, 42, 57m
% of rev: 9%, 22, 18, 21%
% of revenue: 77%, 76, 75, 77 - holding steady and consistent!
Non GAAP operating profit: 18m, 20m, 31, 44m
% of rev: 10%, 10, 13, 16 - trending up nice and beautiful
FCF: 16.6m, 45m, 42, 57m
% of rev: 9%, 22, 18, 21%
Customers with over $100k in ARR:
1082, 1253, 1437, 1610, 1800
YoY: 46%, 50, 59, 66!!! - Look at the dog just take off!
These are large customers with over $100k in ARR, and they're growing 66%!
Says a lot about their solutions.
DBNER: above 130% for last 12 quarters
1082, 1253, 1437, 1610, 1800
YoY: 46%, 50, 59, 66!!! - Look at the dog just take off!
These are large customers with over $100k in ARR, and they're growing 66%!
Says a lot about their solutions.
DBNER: above 130% for last 12 quarters
The above are just the $$.
Will post my thoughts on the business soon.
I've spent the last few weeks looking thru the annual report and ERs, but haven't had time to write my own thoughts yet.
This is still a tiny "toehold" position for me.
So I could change my mind anytime.
Will post my thoughts on the business soon.
I've spent the last few weeks looking thru the annual report and ERs, but haven't had time to write my own thoughts yet.
This is still a tiny "toehold" position for me.
So I could change my mind anytime.
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