secwatch.observer — SEC 8-K summary
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Issuer:     Asana, Inc. (ASAN)
CIK:        0001477720
Form:       8-K
Filed at:   2022-03-09T23:59:59+00:00
Accession:  0001477720-22-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Asana Q4 revenue up 64% YoY to $111.9M; customers spending $50k+ surge 125%
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- GAAP net loss per share $0.48 vs $0.39 a year ago; Non-GAAP net loss per share $0.25 vs $0.22.
- FY2022 revenue $378.4M, up 67% YoY; GAAP operating loss $265.2M (70% of revenue) vs $175.6M (77%) prior year.
- Customers spending $50k+ annualized reached 894, up 125% YoY; overall dollar-based net retention over 120%.
- Q1 FY2023 revenue guidance $114.5-115.5M (49-51% YoY growth); FY2023 revenue $527-531M (39-40% growth).
- Free cash flow negative $41.2M in Q4 vs negative $17.5M a year ago; operating cash flow negative $39.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477720/000147772022000004/0001477720-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477720/000147772022000004/asan-20220309.htm
  HTML page:      https://secwatch.observer/filing/0001477720-22-000004

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