Asana beats Q4 FY2024 expectations; revenue $171.1M, GAAP op loss narrows to $67.9M

Asana, Inc.

2024-FY EPS reported -$1.17 revenue$652,504,000

Q4 revenue $171.1M (+14% YoY); GAAP net loss per share $0.28 improved from $0.44.
FY2024 revenue $652.5M (+19% YoY); GAAP op loss margin 41% vs 75% prior year.
Cash from ops improved to -$17.9M (FY2024) from -$160.1M; targeting FCF positive by end of FY2025.
Core customers 21,646 (+11%); $100k+ customers 607 (+20%); net retention 105% for Core.
Q1 FY2025 guidance: rev $168-169M (10-11% growth); non-GAAP op loss $21-23M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Asana, Inc. reported financial results for the quarter and fiscal year ended January 31, 2024.

Period: the quarter and fiscal year ended January 31, 2024
Result: reported results

Exact text from the filing

On March 11, 2024, Asana, Inc. issued a press release announcing its financial results for the quarter and fiscal year ended January 31, 2024.

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Source: SEC EDGAR

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