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Slack Technologies

NYSE:WORK
Snowflake Description

Flawless balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WORK
NYSE
$15B
Market Cap
  1. Home
  2. US
  3. Software
Company description

Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. The last earnings update was 78 days ago. More info.


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  • Slack Technologies has significant price volatility in the past 3 months.
WORK Share Price and Events
7 Day Returns
-2.5%
NYSE:WORK
-4.9%
US Software
-3.1%
US Market
1 Year Returns
-
NYSE:WORK
16.6%
US Software
-1.7%
US Market
WORK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Slack Technologies (WORK) -2.5% -6.3% - - - -
US Software -4.9% -5.5% -0.5% 16.6% 104.2% 140.2%
US Market -3.1% -5.3% -1.2% -1.7% 28.2% 35%
1 Year Return vs Industry and Market
  • No trading data on WORK.
  • No trading data on WORK.
Price Volatility
Industry
5yr Volatility vs Market

WORK Value

 Is Slack Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Slack Technologies to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Slack Technologies.

NYSE:WORK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:WORK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.11
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.115 (1 + (1- 21%) (0%))
1.077
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.077 * 5.96%)
9.15%

Discounted Cash Flow Calculation for NYSE:WORK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Slack Technologies is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NYSE:WORK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.15%)
2020 -112.03 Analyst x8 -102.64
2021 -27.21 Analyst x9 -22.84
2022 111.74 Analyst x4 85.93
2023 81.76 Analyst x2 57.61
2024 193.55 Analyst x2 124.94
2025 277.91 Est @ 43.58% 164.35
2026 364.97 Est @ 31.33% 197.75
2027 448.00 Est @ 22.75% 222.39
2028 523.01 Est @ 16.74% 237.86
2029 588.59 Est @ 12.54% 245.25
Present value of next 10 years cash flows $1,210.60
NYSE:WORK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $588.59 × (1 + 2.73%) ÷ (9.15% – 2.73%)
$9,419.79
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $9,419.79 ÷ (1 + 9.15%)10
$3,925.04
NYSE:WORK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,210.60 + $3,925.04
$5,135.64
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $5,135.64 / 504.51
$10.18
NYSE:WORK Discount to Share Price
Calculation Result
Value per share (USD) From above. $10.18
Current discount Discount to share price of $30.00
= -1 x ($30.00 - $10.18) / $10.18
-194.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Slack Technologies is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Slack Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Slack Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:WORK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in USD $-1.21
NYSE:WORK Share Price ** NYSE (2019-08-16) in USD $30
United States of America Software Industry PE Ratio Median Figure of 83 Publicly-Listed Software Companies 47.7x
United States of America Market PE Ratio Median Figure of 3,093 Publicly-Listed Companies 17.02x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Slack Technologies.

NYSE:WORK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:WORK Share Price ÷ EPS (both in USD)

= 30 ÷ -1.21

-24.84x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Slack Technologies is loss making, we can't compare its value to the US Software industry average.
  • Slack Technologies is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Slack Technologies's expected growth come at a high price?
Raw Data
NYSE:WORK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -24.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
41.3%per year
United States of America Software Industry PEG Ratio Median Figure of 68 Publicly-Listed Software Companies 2.85x
United States of America Market PEG Ratio Median Figure of 2,115 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Slack Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Slack Technologies's assets?
Raw Data
NYSE:WORK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in USD $-4.49
NYSE:WORK Share Price * NYSE (2019-08-16) in USD $30
United States of America Software Industry PB Ratio Median Figure of 228 Publicly-Listed Software Companies 5.64x
United States of America Market PB Ratio Median Figure of 5,261 Publicly-Listed Companies 1.67x
NYSE:WORK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:WORK Share Price ÷ Book Value per Share (both in USD)

= 30 ÷ -4.49

-6.69x

* Primary Listing of Slack Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Slack Technologies has negative assets, we can't compare the value of its assets to the US Software industry average.
X
Value checks
We assess Slack Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Slack Technologies has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WORK Future Performance

 How is Slack Technologies expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
41.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Slack Technologies expected to grow at an attractive rate?
  • Unable to compare Slack Technologies's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Slack Technologies's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • Slack Technologies's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:WORK Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:WORK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 41.3%
NYSE:WORK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 27.6%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 15.6%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:WORK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:WORK Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-01-31 1,967 1
2023-01-31 1,526 2
2022-01-31 1,140 171 -192 8
2021-01-31 834 46 -222 12
2020-01-31 601 -34 -540 12
NYSE:WORK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-04-30 454 -59 -149
2019-01-31 401 -41 -141
2018-01-31 221 -36 -181
2017-01-31 105 -90 -147

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Slack Technologies is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Slack Technologies's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:WORK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Slack Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:WORK Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-01-31
2023-01-31
2022-01-31 -0.31 -0.15 -0.51 3.00
2021-01-31 -0.44 -0.20 -0.79 6.00
2020-01-31 -1.37 -0.66 -1.98 6.00
NYSE:WORK Past Financials Data
Date (Data in USD Millions) EPS *
2019-04-30 -1.21
2019-01-31 -1.16
2018-01-31 -1.47
2017-01-31 -1.28

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Slack Technologies will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Slack Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Slack Technologies has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WORK Past Performance

  How has Slack Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Slack Technologies's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Slack Technologies does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Slack Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Slack Technologies's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
Slack Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Slack Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:WORK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 454.45 -149.13 387.37 170.73
2019-01-31 400.55 -140.68 345.52 155.94
2018-01-31 220.54 -180.97 188.28 110.95
2017-01-31 105.15 -146.86 141.46 96.68

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Slack Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Slack Technologies has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Slack Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Slack Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Slack Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WORK Health

 How is Slack Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Slack Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Slack Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Slack Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Slack Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Slack Technologies has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Slack Technologies Company Filings, last reported 3 months ago.

NYSE:WORK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 816.78 0.00 792.66
2019-01-31 841.61 0.00 841.07
2018-01-31 519.29 0.00 548.76
2017-01-31 353.08 0.00 314.25
  • Slack Technologies has no debt.
  • Slack Technologies has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Slack Technologies has sufficient cash runway for more than 3 years based on current free cash flow.
  • Slack Technologies has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 4.1% each year.
X
Financial health checks
We assess Slack Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Slack Technologies has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WORK Dividends

 What is Slack Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Slack Technologies dividends. Estimated to be 0% next year.
If you bought $2,000 of Slack Technologies shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Slack Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Slack Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:WORK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:WORK Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-01-31
2023-01-31
2022-01-31 0.00 2.00
2021-01-31 0.00 3.00
2020-01-31 0.00 3.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Slack Technologies has not reported any payouts.
  • Unable to verify if Slack Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Slack Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Slack Technologies has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Slack Technologies's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Slack Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Slack Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Slack Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WORK Management

 What is the CEO of Slack Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Daniel Butterfield
COMPENSATION $10,347,246
AGE 46
TENURE AS CEO 10.5 years
CEO Bio

Mr. Daniel Stewart Butterfield o-founded Slack Technologies, Inc. and has been Chief Executive Officer and Chairman since February 2009. Mr. Butterfield co-founded Flickr at Yahoo! Inc. Mr. Butterfield has served in the W3C's XForms working group and has been active in many other professional organizations. He has also a long consulting interaction design career, most recently with Telus, the CBC and The Economist. Mr. Butterfield founded the 5K competition, a lo-fi, high-profile design award, which has been featured everywhere from Playboy to Le Monde to USA Today. From April 2005 to July 2008, Mr. Butterfield served as General Manager of the photo-sharing website Flickr at Yahoo! Inc., following Yahoo!'s acquisition of Ludicorp Research and Development Ltd. (which developed Flickr), where he served as Chief Executive Officer from May 2002 to April 2005. He serves as a Member of Advisory Board at Wantoo Networks Incorporated. Mr. Butterfield is a frequent speaker on design and technology topics at professional and academic events across Europe and North America. He was recently named to the International Academy of Digital Arts & Sciences and is a nominating judge in the Webby Awards (for Best Practice). In 2001, he was nominated for a Chrysler Design Award. In 2006, Time magazine’s put him on their list of the 100 most influential people in the world. Mr. Butterfield received a BA (Hons. with Distinction) in philosophy from the University of Victoria and an MPhil in philosophy from Cambridge University, graduating with a First.

CEO Compensation
  • Insufficient data for Daniel to compare compensation growth.
  • Daniel's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Slack Technologies management team in years:

2.1
Average Tenure
50
Average Age
  • The tenure for the Slack Technologies management team is about average.
Management Team

Daniel Butterfield

TITLE
Co-Founder
COMPENSATION
$10M
AGE
46
TENURE
10.5 yrs

Allen Shim

TITLE
Chief Financial Officer
COMPENSATION
$4M
AGE
38
TENURE
1.6 yrs

Robert Frati

TITLE
Senior Vice President of Sales & Customer Success
COMPENSATION
$2M
AGE
50
TENURE
1.5 yrs

Cal Henderson

TITLE
Co-Founder & CTO
AGE
38

John O’Farrel

TITLE
Director
AGE
60
TENURE
8.3 yrs

Brandon Zell

TITLE
Chief Accounting Officer

David Schellhase

TITLE
General Counsel & Secretary
AGE
55
TENURE
2.7 yrs

Tamar Yehoshua

TITLE
Chief Product Officer
AGE
54
TENURE
0.6 yrs
Board of Directors Tenure

Average tenure and age of the Slack Technologies board of directors in years:

2.2
Average Tenure
46
Average Age
  • The average tenure for the Slack Technologies board of directors is less than 3 years, this suggests a new board.
Board of Directors

Daniel Butterfield

TITLE
Co-Founder
COMPENSATION
$10M
AGE
46
TENURE
10.5 yrs

Edith Cooper

TITLE
Director
AGE
57
TENURE
1.6 yrs

Graham Smith

TITLE
Director
COMPENSATION
$2M
AGE
59
TENURE
0.7 yrs

John O'Farrell

TITLE
Lead Independent Director
AGE
60

Andrew Braccia

TITLE
Director
AGE
43
TENURE
9.4 yrs

Mamoon Hamid

TITLE
Director
AGE
41

Sarah Friar

TITLE
Director
COMPENSATION
$3M
AGE
46
TENURE
2.4 yrs

Chamath Palihapitiya

TITLE
Director
AGE
42
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • Slack Technologies individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
02. Aug 19 Sell Daniel Butterfield Individual 31. Jul 19 31. Jul 19 -100 $33.95 $-3,395
15. Jul 19 Sell Daniel Butterfield Individual 11. Jul 19 11. Jul 19 -2,500 $35.00 $-87,500
12. Jul 19 Sell Daniel Butterfield Individual 10. Jul 19 10. Jul 19 -2,500 $36.12 $-88,460
11. Jul 19 Sell Daniel Butterfield Individual 09. Jul 19 09. Jul 19 -2,500 $35.14 $-87,850
10. Jul 19 Sell Daniel Butterfield Individual 08. Jul 19 08. Jul 19 -2,500 $35.11 $-87,775
09. Jul 19 Sell Daniel Butterfield Individual 05. Jul 19 05. Jul 19 -2,500 $35.70 $-89,250
05. Jul 19 Sell Daniel Butterfield Individual 03. Jul 19 03. Jul 19 -2,500 $35.99 $-89,975
02. Jul 19 Sell Daniel Butterfield Individual 28. Jun 19 28. Jun 19 -2,500 $36.70 $-91,750
01. Jul 19 Sell Daniel Butterfield Individual 27. Jun 19 27. Jun 19 -2,500 $37.69 $-92,406
28. Jun 19 Sell Robert Frati Individual 26. Jun 19 26. Jun 19 -50,000 $37.04 $-1,852,000
28. Jun 19 Sell Daniel Butterfield Individual 26. Jun 19 26. Jun 19 -2,500 $37.32 $-92,005
27. Jun 19 Sell Daniel Butterfield Individual 25. Jun 19 25. Jun 19 -2,500 $36.09 $-88,569
26. Jun 19 Sell Daniel Butterfield Individual 24. Jun 19 24. Jun 19 -2,500 $36.71 $-90,434
25. Jun 19 Sell AH Capital Management, L.L.C. Company 20. Jun 19 20. Jun 19 -2,625,000 $38.61 $-101,351,250
25. Jun 19 Sell Andreessen Horowitz LLC Company 20. Jun 19 20. Jun 19 -375,000 $39.00 $-14,625,000
25. Jun 19 Sell Social Capital Company 20. Jun 19 20. Jun 19 -1,017,067 $39.93 $-39,653,027
25. Jun 19 Sell Accel Company 20. Jun 19 20. Jun 19 -8,500,000 $40.76 $-329,510,000
25. Jun 19 Sell Daniel Butterfield Individual 20. Jun 19 21. Jun 19 -862,500 $41.66 $-33,930,742
25. Jun 19 Sell Brandon Zell Individual 20. Jun 19 20. Jun 19 -17,895 $41.10 $-735,485
25. Jun 19 Sell Allen Shim Individual 20. Jun 19 20. Jun 19 -100,000 $38.50 $-3,850,000
X
Management checks
We assess Slack Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Slack Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WORK News

Simply Wall St News

Have Insiders Been Selling Slack Technologies, Inc. (NYSE:WORK) Shares?

In the last year Slack Technologies insiders didn't buy any company stock. … NYSE:WORK Recent Insider Trading, August 16th 2019 Insiders at Slack Technologies Have Sold Stock Recently The last three months saw significant insider selling at Slack Technologies. … Insiders haven't bought Slack Technologies stock in the last three months, but there was some selling.

Simply Wall St -

How Much Of Slack Technologies, Inc. (NYSE:WORK) Do Insiders Own?

Taking a look at our data on the ownership groups (below), it's seems that institutional investors have not yet purchased much of the company. … View our latest analysis for Slack Technologies NYSE:WORK Ownership Summary, June 25th 2019 What Does The Institutional Ownership Tell Us About Slack Technologies? … Insider Ownership Of Slack Technologies The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

WORK Company Info

Description

Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. Its platform brings together people, applications, and data, as well as sells its offering under a software-as-a-service model. The company was formerly known as Tiny Speck, Inc. and changed its name to Slack Technologies, Inc. in 2014. Slack Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.

Details
Name: Slack Technologies, Inc.
WORK
Exchange: NYSE
Founded: 2009
$15,135,364,020
504,512,134
Website: http://slack.com
Address: Slack Technologies, Inc.
500 Howard Street,
San Francisco,
California, 94105,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE WORK Class A Common Stock New York Stock Exchange US USD 20. Jun 2019
DB 8S0 Class A Common Stock Deutsche Boerse AG DE EUR 20. Jun 2019
WBAG WORK Class A Common Stock Wiener Boerse AG AT EUR 20. Jun 2019
Number of employees
Current staff
Staff numbers
1,664
Slack Technologies employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/17 01:03
End of day share price update: 2019/08/16 00:00
Last estimates confirmation: 2019/08/14
Last earnings filing: 2019/05/31
Last earnings reported: 2019/04/30
Last annual earnings reported: 2019/01/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.