Reported Earnings • Dec 13
Third quarter 2023 earnings released: US$1.11 loss per share (vs US$1.23 loss in 3Q 2022) Third quarter 2023 results: US$1.11 loss per share (improved from US$1.23 loss in 3Q 2022). Revenue: US$217.3m (up 17% from 3Q 2022). Net loss: US$84.7m (loss narrowed 7.2% from 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Chief Customer Officer & Member of Executive Advisory Board Mark Riggs was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Sep 07
Second quarter 2023 earnings released: US$0.99 loss per share (vs US$1.24 loss in 2Q 2022) Second quarter 2023 results: US$0.99 loss per share (improved from US$1.24 loss in 2Q 2022). Revenue: US$211.1m (up 18% from 2Q 2022). Net loss: US$75.3m (loss narrowed 18% from 2Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 08
First quarter 2023 earnings released: US$1.08 loss per share (vs US$1.38 loss in 1Q 2022) First quarter 2023 results: US$1.08 loss per share (up from US$1.38 loss in 1Q 2022). Revenue: US$196.4m (up 18% from 1Q 2022). Net loss: US$81.5m (loss narrowed 19% from 1Q 2022). Over the next year, revenue is forecast to grow 17%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. Chief Customer Officer & Member of Executive Advisory Board Mark Riggs was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Breakeven Date Change • Mar 16
No longer forecast to breakeven The 25 analysts covering Coupa Software no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$8.54m in 2025. New consensus forecast suggests the company will make a loss of US$365.0m in 2025. Buying Opportunity • Mar 15
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 39%. The fair value is estimated to be US$106, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% per annum over the last 3 years. Earnings per share has declined by 62% per annum over the last 3 years. Buying Opportunity • Jan 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 47%. The fair value is estimated to be US$149, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% per annum over the last 3 years. Earnings per share has declined by 60% per annum over the last 3 years. Reported Earnings • Dec 07
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: US$1.23 loss per share (down from US$0.88 loss in 3Q 2021). Revenue: US$185.8m (up 40% from 3Q 2021). Net loss: US$91.2m (loss widened 50% from 3Q 2021). Revenue exceeded analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 19%, compared to a 31% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Reported Earnings • Sep 08
Second quarter 2022 earnings released: US$1.24 loss per share (vs US$0.64 loss in 2Q 2021) The company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: US$179.2m (up 42% from 2Q 2021). Net loss: US$91.5m (loss widened 112% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings. Reported Earnings • Jun 08
First quarter 2022 earnings released: US$1.38 loss per share (vs US$0.23 loss in 1Q 2021) The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2022 results: Revenue: US$166.9m (up 40% from 1Q 2021). Net loss: US$100.4m (loss widened US$85.5m from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings. Reported Earnings • Mar 18
Full year 2021 earnings released: US$2.63 loss per share (vs US$1.45 loss in FY 2020) The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: US$541.6m (up 39% from FY 2020). Net loss: US$180.1m (loss widened 98% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 78% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 06
New 90-day low: €240 The company is down 9.0% from its price of €263 on 04 December 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €112 per share. Is New 90 Day High Low • Feb 10
New 90-day high: €300 The company is up 21% from its price of €247 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €114 per share. Executive Departure • Feb 03
Chief Revenue Officer has left the company On the 1st of February, Steven Winter's tenure as Chief Revenue Officer ended after 4.4 years in the role. As of September 2020, Steven personally held 7.95k shares (€1.8m worth at the time). Steven is the only executive to leave the company over the last 12 months. Recent Insider Transactions • Dec 30
Insider recently bought €29k worth of stock On the 23rd of December, Michelle Brennan bought around 100 shares on-market at roughly €294 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €80k more in shares than they bought in the last 12 months. Is New 90 Day High Low • Dec 18
New 90-day high: €296 The company is up 43% from its price of €207 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €109 per share. Reported Earnings • Dec 09
Third quarter 2021 earnings released: US$0.88 loss per share The company reported a mediocre third quarter result with increased losses and weaker control over expenses, although revenues were improved. Third quarter 2021 results: Revenue: US$133.0m (up 31% from 3Q 2020). Net loss: US$60.8m (loss widened 131% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 108% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Dec 09
Revenue beats expectations Revenue exceeded analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 29%, compared to a 14% growth forecast for the Software industry in Germany. Announcement • Oct 07
Coupa Software Incorporated Appoints Michelle Brennan to Board of Directors Coupa Software Incorporated announced that Michelle Brennan will join its board of directors. An accomplished healthcare executive who most recently served as Global Value Creation Leader at Johnson & Johnson, Brennan brings decades of experience in global operations and corporate strategy initiatives that drive market and business growth. At Johnson & Johnson, Brennan was a member of the company's Medical Device Executive Leadership Team and responsible for the division's value creation through cost management initiatives. In just six months, Brennan delivered $1 billion in savings by streamlining organizations and processes, removing stranded costs, and instigating discipline through scorecards and dashboards. Announcement • Sep 23
Flexera Integrates with Coupa Software to Offer Flexera SaaS Manager in the Coupa Business Spend Management Flexera announced it has integrated with Coupa Software to offer Flexera SaaS Manager in the Coupa Business Spend Management (BSM) Platform. Coupa certified the Flexera SaaS Manager for use within its cloud-based platform that empowers companies around the world with the visibility and control they need to make smarter spending decisions. The growth of SaaS applications is exploding at most organizations, as anyone with a company credit card and an email address can purchase a SaaS app. Such ease of adoption enables the subscriber to start using the application immediately, often neglecting to check with the company’s internal policies. This results in the rapid proliferation–typically outside official procurement channels–of SaaS apps throughout an organization. This is “shadow SaaS”, and it creates expensive and dangerous challenges: Companies waste money on SaaS subscriptions that aren’t needed; Unauthorized applications hosting company proprietary data, increasing security and regulatory risks; Increased risk of exposing data to people that shouldn’t have access; Amplified maintenance and support overhead. Flexera SaaS Manager gives companies total visibility of their SaaS applications–regardless of whether they’re licensed, approved or authorized–so companies can reduce costs and eliminate risks. Organizations with total visibility of their SaaS applications can detect unauthorized SaaS apps, stay in compliance with regulations such as GDPR and HIPAA, and centralize reporting and help track illusive users. Announcement • Aug 06
Coupa Software Incorporated to Report Q2, 2021 Results on Sep 08, 2020 Coupa Software Incorporated announced that they will report Q2, 2021 results on Sep 08, 2020 Announcement • Jul 31
Coupa Software Incorporated (NasdaqGS:COUP) acquired ConnXus, Inc. Coupa Software Incorporated (NasdaqGS:COUP) acquired ConnXus, Inc. on May 4, 2020. Rod Robinson, the Founder and Chief Executive Officer of ConnXus, will stay on and report through Coupa’s management structure as ConnXus’ solutions are integrated.
Coupa Software Incorporated (NasdaqGS:COUP) completed the acquisition of ConnXus, Inc. on May 4, 2020.