CrowdStrike Holdings, Inc. Financial Statements — CRWD Stock

Income Statement	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Sales/Revenue/Turnover	53	119	250	481	874	1,452	2,241	3,056
+ Sales & Services Revenue	53	119	250	481	874	1,452	2,241	3,056
- Cost of Revenue	34	54	87	142	230	383	601	756
+ Cost of Goods & Services	34	54	87	142	230	383	601	756
Gross Profit	19	64	163	340	645	1,068	1,640	2,300
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	109	196	299	486	737	1,211	1,830	2,302
+ Selling, General & Admin	70	137	215	356	523	840	1,222	1,533
+ Research & Development	39	59	85	130	215	371	608	768
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	-91	-131	-137	-146	-93	-143	-190	-2
- Non-Operating (Income) Loss	1	3	2	-6	-5	17	-30	-125
+ Interest Expense, Net	1	2	- -	- -	-3	21	-27	-123
+ Interest Expense	1	2	- -	- -	2	25	25	26
- Interest Income	- -	- -	- -	- -	5	4	52	149
+ Other Non-Op (Income) Loss	- -	1	1	-7	-1	-4	-3	-2
Pretax Income	-91	-135	-139	-140	-88	-160	-160	123
- Income Tax Expense (Benefit)	- -	1	1	2	5	72	22	32
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-91	-135	-140	-142	-93	-232	-182	91
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	5	2	3
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	5	2	3
Income (Loss) Incl. MI	-91	-135	-140	-142	-93	-237	-184	88
- Minority Interest	- -	- -	- -	- -	- -	-2	-1	-1
Net Income, GAAP	-91	-135	-140	-142	-93	-235	-183	89
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-91	-135	-140	-142	-93	-235	-183	89
Basic Weighted Avg Shares	171	171	171	148	218	227	233	239
Basic EPS, GAAP	-0.53	-0.79	-0.82	-0.96	-0.43	-1.03	-0.79	0.37
Basic EPS from Cont Ops	-0.53	-0.79	-0.82	-0.96	-0.43	-1.02	-0.78	0.38
Diluted Weighted Avg Shares	171	171	171	148	218	227	233	244
Diluted EPS, GAAP	-0.53	-0.79	-0.82	-0.96	-0.43	-1.03	-0.79	0.37
Diluted EPS from Cont Ops	-0.53	-0.79	-0.82	-0.96	-0.43	-1.02	-0.78	0.37
EBITDA	-88	-124	-121	-123	-52	-74	-96	143
EBITDA Margin (%)	-165.96	-104.17	-48.62	-25.46	-5.99	-5.08	-4.3	4.69
EBITA	-91	-131	-137	-146	-93	-143	-190	-2
EBIT	-91	-131	-137	-146	-93	-143	-190	-2
Gross Margin (%)	35.53	54.12	65.08	70.58	73.75	73.6	73.17	75.27
Operating Margin (%)	-171.69	-110.68	-54.78	-30.34	-10.58	-9.82	-8.48	-0.07
Profit Margin (%)	-173.17	-114.09	-56.07	-29.45	-10.59	-16.18	-8.18	2.92
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	3	8	15	24	40	69	94	145

Balance Sheet	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Current Assets	- -	154	331	1,172	2,292	2,571	3,640	4,757
+ Cash, Cash Equivalents & STI	- -	66	192	912	1,919	1,997	2,705	3,475
+ Cash & Cash Equivalents	- -	63	88	265	1,919	1,997	2,455	3,375
+ ST Investments	- -	3	103	647	- -	- -	250	100
+ Accounts & Notes Receiv	- -	60	92	165	239	368	626	853
+ Accounts Receivable, Net	- -	60	92	165	239	368	626	853
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	28	47	95	134	206	309	430
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	64	102	233	440	1,047	1,386	1,889
+ Property, Plant & Equip, Net	- -	41	74	136	203	292	532	668
+ Property, Plant & Equip	- -	53	100	186	292	434	749	1,007
- Accumulated Depreciation	- -	12	27	50	89	142	216	338
+ LT Investments & Receivables	- -	- -	- -	1	2	24	47	56
+ LT Investments	- -	- -	- -	1	2	24	47	56
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	23	28	96	234	731	807	1,165
+ Total Intangible Assets	- -	10	9	8	99	514	518	753
+ Goodwill	- -	8	8	8	84	416	431	638
+ Other Intangible Assets	- -	2	1	1	16	97	87	115
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	13	19	88	135	218	289	412
Total Assets	- -	218	433	1,405	2,733	3,618	5,027	6,647
+ Payables & Accruals	- -	52	59	62	130	221	335	366
+ Accounts Payable	- -	12	7	1	12	48	45	28
+ Accrued Taxes	- -	- -	- -	- -	5	11	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	40	52	61	112	162	289	338
+ ST Debt	- -	- -	- -	- -	9	10	13	14
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	9	10	13	14
+ Other ST Liabilities	- -	114	223	431	725	1,176	1,761	2,317
+ Deferred Revenue	- -	109	219	413	704	1,137	1,727	2,271
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	5	4	18	21	40	34	46
Total Current Liabilities	- -	166	281	493	864	1,407	2,109	2,697
+ LT Debt	- -	16	- -	- -	770	765	771	779
+ LT Borrowings	- -	16	- -	- -	738	740	741	742
+ LT Finance Leases	- -	- -	- -	- -	32	25	30	36
+ Other LT Liabilities	- -	405	640	169	227	409	659	833
+ Accrued Liabilities	- -	50	71	158	210	393	628	783
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	355	568	11	17	16	32	50
Total Noncurrent Liabilities	- -	421	640	169	997	1,174	1,430	1,612
Total Liabilities	- -	587	921	662	1,861	2,581	3,539	4,309
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	9	31	1,379	1,598	1,992	2,613	3,364
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	8	31	1,378	1,598	1,992	2,613	3,364
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	- -	-379	-519	-637	-730	-965	-1,148	-1,059
+ Other Equity	- -	1	- -	1	2	-1	-1	-2
Equity Before Minority Interest	- -	-369	-488	742	871	1,026	1,464	2,304
+ Minority/Non Controlling Interest	- -	- -	- -	- -	1	12	24	33
Total Equity	- -	-369	-488	743	872	1,038	1,487	2,337
Total Liabilities & Equity	- -	218	433	1,405	2,733	3,618	5,027	6,647
Shares Outstanding	- -	197	197	213	224	231	236	242
Capital Leases - Total	- -	- -	- -	- -	41	35	43	50
Net Debt	- -	-47	-88	-265	-1,181	-1,257	-1,714	-2,633
Net Debt to Equity	- -	12.78	18.12	-35.66	-135.41	-121.15	-115.26	-112.64
Tangible Common Equity Ratio	- -	-182.91	-117.11	52.58	29.34	16.87	21.51	26.88
Current Ratio	- -	0.93	1.18	2.38	2.65	1.83	1.73	1.76
Cash Conversion Cycle	- -	50.55	71.11	87.04	73.69	47.93	52.73	70.59
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
+ Net Income	-91	-135	-140	-142	-93	-232	-182	91
+ Depreciation & Amortization	3	8	15	24	40	69	94	145
+ Non-Cash Items	7	27	52	120	223	417	709	879
+ Stock-Based Compensation	2	12	21	80	150	310	527	632
+ Deferred Income Taxes	- -	- -	- -	-1	-1	-14	1	-3
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	5	14	32	40	74	121	181	251
+ Chg in Non-Cash Work Cap	29	42	49	99	187	322	320	52
+ (Inc) Dec in Accts Receiv	-8	-35	-33	-73	-73	-125	-258	-218
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-1	-13	-6	-44	2	-30	-47	-103
+ Inc (Dec) in Accts Payable	11	33	2	21	78	104	109	61
+ Inc (Dec) in Other	28	58	86	194	180	372	517	311
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-52	-59	-23	100	357	575	941	1,166
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-7	-23	-36	-80	-53	-113	-237	-188
+ Acq of Fixed Prod Assets	-7	-23	-36	-80	-53	-112	-235	-177
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	-1	-2	-11
+ Net Change in LT Investment	1	8	-99	-542	645	-16	-272	135
+ Dec in LT Investment	13	17	100	239	731	- -	- -	350
+ Inc in LT Investment	-12	-10	-199	-781	-86	-16	-272	-215
+ Net Cash From Acq & Div	- -	-6	- -	- -	-86	-415	-18	-239
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	-6	- -	- -	-86	-415	-18	-239
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-6	-7	-7	-7	-11	-21	-29	-49
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-12	-28	-142	-630	495	-565	-557	-341
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	17	1	-26	- -	740	- -	-2	- -
+ Cash From Debt	19	20	20	- -	740	- -	- -	- -
+ Repayments of Debt	-2	-19	-46	- -	- -	- -	-2	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	665	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	665	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	1	126	217	41	61	73

CrowdStrike Holdings, Inc.

Income Statement

Balance Sheet

Cash Flow Statement