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Jan 31, 2024

Domo Q4 2024 Earnings Report

Announced fourth quarter and fiscal year 2024 financial results.

Key Takeaways

Domo's total revenue increased by 1% year-over-year to $80.2 million, with subscription revenue up by 2% to $71.9 million. The company's GAAP operating margin and non-GAAP operating margin also saw increases. The strategic investments in AI and data opportunities will help customers capitalize on the new opportunities.

Total revenue increased by 1% year-over-year.

Subscription revenue increased by 2% year-over-year.

GAAP operating margin increased year-over-year.

Non-GAAP operating margin increased year-over-year.

Total Revenue
$80.2M
Previous year: $79.6M
+0.7%
EPS
-$0.05
Previous year: -$0.02
+150.0%
Billings
$105M
Previous year: $104M
+0.9%
GAAP Operating Margin
-17%
Previous year: -20%
-15.0%
Non-GAAP Operating Margin
4%
Previous year: 3%
+33.3%
Gross Profit
$56.7M
Previous year: $61.4M
-7.7%
Cash and Equivalents
$60.9M
Previous year: $66.5M
-8.4%
Free Cash Flow
$2.93M
Previous year: -$5.75M
-150.8%
Total Assets
$226M
Previous year: $242M
-6.8%

Domo

Domo

Domo Revenue by Segment

Forward Guidance

Domo is providing the following guidance for its first fiscal quarter and full year fiscal 2025: Revenue is expected to be in the range of $79.0 million to $80.0 million. Non-GAAP net loss per share, basic and diluted, is expected to be between $0.21 and $0.25 based on 37.4 million weighted-average shares outstanding, basic and diluted. Revenue is expected to be in the range of $315.0 million to $323.0 million. Non-GAAP net loss per share, basic and diluted, is expected to be between $0.36 and $0.46 based on 38.5 million weighted-average shares outstanding, basic and diluted.

Positive Outlook

  • Revenue is expected to be in the range of $79.0 million to $80.0 million for Q1 Fiscal 2025
  • Revenue is expected to be in the range of $315.0 million to $323.0 million for Full Year Fiscal 2025

Challenges Ahead

  • Non-GAAP net loss per share, basic and diluted, is expected to be between $0.21 and $0.25 for Q1 Fiscal 2025
  • Non-GAAP net loss per share, basic and diluted, is expected to be between $0.36 and $0.46 for Full Year Fiscal 2025

Revenue & Expenses

Visualization of income flow from segment revenue to net income