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Jan 31, 2021
Ooma Q4 2021 Earnings Report
Ooma reported financial results for the fourth quarter and fiscal year ended January 31, 2021.
Key Takeaways
Ooma's total revenue was $44.3 million, up 9% year-over-year. GAAP net loss was $0.6 million, or $0.03 per basic and diluted share. Non-GAAP net income was $2.8 million, or $0.12 per diluted share. Adjusted EBITDA was $3.6 million.
Total revenue was $44.3 million, up 9% year-over-year.
Subscription and services revenue increased to $41.1 million, representing 93% of total revenue.
GAAP net loss was $0.6 million, or $0.03 per basic and diluted share.
Adjusted EBITDA was $3.6 million, compared to $1.4 million in the fourth quarter of fiscal 2020.
Ooma
Ooma
Ooma Revenue by Segment
Revenue by Segment
Subscription and Services Revenue
CapyFin.comProduct and Other Revenue
CapyFin.com Forward Guidance
For the first quarter of fiscal 2022, Ooma expects total revenue in the range of $44.0 million to $44.8 million, GAAP net loss in the range of $1.2 million to $1.8 million, and non-GAAP net income in the range of $1.8 million to $2.4 million. For the full fiscal year 2022, Ooma expects total revenue in the range of $182.5 million to $185.5 million, GAAP net loss in the range of $6.2 million to $8.2 million, and non-GAAP net income in the range of $6.5 million to $8.5 million.
Positive Outlook
- Total revenue in the range of $44.0 million to $44.8 million for Q1 2022.
- GAAP net loss in the range of $1.2 million to $1.8 million for Q1 2022.
- Non-GAAP net income in the range of $1.8 million to $2.4 million for Q1 2022.
- Total revenue in the range of $182.5 million to $185.5 million for FY 2022.
- Non-GAAP net income in the range of $6.5 million to $8.5 million for FY 2022.
Challenges Ahead
- GAAP net loss in the range of $1.2 million to $1.8 million for Q1 2022.
- GAAP net loss per share in the range of $0.05 to $0.08 for Q1 2022.
- GAAP net loss in the range of $6.2 million to $8.2 million for FY 2022.
- GAAP net loss per share in the range of $0.27 to $0.35 for FY 2022.
- Non-GAAP net income in the range of $6.5 million to $8.5 million for FY 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income