Is DocuSign Stock Undervalued?
Digital signature software business DocuSign (NASDAQ:DOCU) has been struggling over…
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | $13K | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $10K | -- | -- | $227K | $2.3M | |
| Gross Profit | $3K | -- | -- | -$227K | -$2.3M | |
| Gross Profit Margin | 23.08% | -- | -- | -- | -- | |
| R&D Expenses | $1.7M | $2M | $1.9M | $2.5M | $2.9M | |
| Selling, General & Admin | $2.7M | $344.6K | $3.1M | $17.2M | $13.7M | |
| Other Inc / (Exp) | -$1K | -$101K | $106K | -$2M | -$13.6M | |
| Operating Expenses | $4.6M | $344.6K | $5.2M | $19.7M | $14.5M | |
| Operating Income | -$4.6M | -$344.6K | -$5.2M | -$19.9M | -$16.8M | |
| Net Interest Expenses | $12K | -- | -- | $7.9M | $13.5M | |
| EBT. Incl. Unusual Items | -$4.6M | -$343K | -$6.2M | -$20.9M | -$35.4M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -$4.6M | -$343K | -- | -$20.9M | -$35.4M | |
| Minority Interest in Earnings | -- | -- | -- | -$75K | -$4.3M | |
| Net Income to Common Excl Extra Items | -$4.6M | -$343K | -$6.2M | -$21M | -$35.4M | |
| Basic EPS (Cont. Ops) | -$275,956.98 | -$35.33 | -$386,500.00 | -$153.99 | -$620,843.73 | |
| Diluted EPS (Cont. Ops) | -$275,956.98 | -$35.33 | -$386,500.00 | -$153.99 | -$620,843.73 | |
| Weighted Average Basic Share | $810 | $300 | $20 | $4.8K | -- | |
| Weighted Average Diluted Share | $810 | $300 | $20 | $4.8K | -- | |
| EBITDA | -$4.3M | -$344.6K | -$4.8M | -$19.7M | -$14.5M | |
| EBIT | -$4.5M | -$344.6K | -$5.1M | -$19.9M | -$16.8M | |
| Revenue (Reported) | $13K | -- | -- | -- | -- | |
| Operating Income (Reported) | -$4.6M | -$344.6K | -$5.2M | -$19.9M | -$16.8M | |
| Operating Income (Adjusted) | -$4.5M | -$344.6K | -$5.1M | -$19.9M | -$16.8M | |
| Period Ending | 2018-09-30 | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | -- | $2.8K | $2.3M | |
| Operating Income | -- | -- | -- | -$2.8K | -$2.3M | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -- | -- | -- | -$2.8K | -$1.8M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | $101.7K | |
| Net Income to Company | -- | -- | -- | -$2.8K | -$1.9M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | -- | -$2.8K | -$1.9M | |
| Basic EPS (Cont. Ops) | -- | -- | -- | -$21,183.60 | -$13,739,386.16 | |
| Diluted EPS (Cont. Ops) | -- | -- | -- | -$21,183.60 | -$13,739,386.16 | |
| Weighted Average Basic Share | -- | -- | -- | -- | -- | |
| Weighted Average Diluted Share | -- | -- | -- | -- | -- | |
| EBITDA | -- | -- | -- | -$2.8K | -$2.3M | |
| EBIT | -- | -- | -- | -$2.8K | -$2.3M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -- | -- | -$2.8K | -$2.3M | |
| Operating Income (Adjusted) | -- | -- | -- | -$2.8K | -$2.3M | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | $224K | $4.4M | |
| Gross Profit | -- | -- | -$114K | -$224K | -$4.4M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | $2.1M | $2.1M | $3.1M | $3M | |
| Selling, General & Admin | -- | $2.7M | $13.6M | $11.2M | $26.2M | |
| Other Inc / (Exp) | -- | -- | -$24.6M | $22.2M | -- | |
| Operating Expenses | -- | $5.1M | $9.6M | $14.2M | $26.8M | |
| Operating Income | -- | -$5.1M | -$9.6M | -$14.4M | -$31.3M | |
| Net Interest Expenses | -- | -- | $2.5M | $8.6M | $21M | |
| EBT. Incl. Unusual Items | -- | -$5M | -$33M | $1.1M | -$49.1M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -$5M | -$36.8M | $1.4M | -$49.3M | |
| Minority Interest in Earnings | -- | -- | -- | -$268K | -$5.1M | |
| Net Income to Common Excl Extra Items | -- | -$5M | -$36.8M | $1.1M | -$49.1M | |
| Basic EPS (Cont. Ops) | -- | -$312,562.50 | -$1,412,767.86 | $60.62 | -$62,121.45 | |
| Diluted EPS (Cont. Ops) | -- | -$312,562.50 | -$2,957.82 | $60.62 | -$62,121.45 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -- | -$4.5M | -$32.9M | -$14.2M | -$26.8M | |
| EBIT | -- | -$4.9M | -$33.2M | -$14.4M | -$31.3M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -$5.1M | -$9.6M | -$14.4M | -$31.3M | |
| Operating Income (Adjusted) | -- | -$4.9M | -$33.2M | -$14.4M | -$31.3M | |
| Period Ending | 2021-12-25 | 2022-12-25 | 2023-12-25 | 2024-12-25 | ||
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | -- | -- | -- | |
| Operating Income | -- | -- | -- | -- | -- | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -- | -- | -- | -- | -- | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | -- | -- | -- | |
| Basic EPS (Cont. Ops) | -- | -- | -- | -- | -- | |
| Diluted EPS (Cont. Ops) | -- | -- | -- | -- | -- | |
| Weighted Average Basic Share | -- | -- | -- | -- | -- | |
| Weighted Average Diluted Share | -- | -- | -- | -- | -- | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | -- | -- | -- | -- | -- | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Adjusted) | -- | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $4.3M | $1.4M | -- | $168K | $2.3M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $28K | $269.1K | -- | -- | $102K | |
| Other Current Assets | -- | $70K | $72K | $87K | $30K | |
| Total Current Assets | $4.8M | $1.7M | -- | $802K | $4.3M | |
| Property Plant And Equipment | $1.1M | -- | -- | $800K | $616K | |
| Long-Term Investments | $248K | $126.3M | -- | $115K | $105K | |
| Goodwill | -- | -- | -- | $33M | $26.1M | |
| Other Intangibles | $2.3M | $3.9M | $5M | $16.5M | $12.3M | |
| Other Long-Term Assets | -- | -$1K | -- | -- | -- | |
| Total Assets | $8.5M | $128M | -- | $51.2M | $43.5M | |
| Accounts Payable | $515K | -- | -- | -- | -- | |
| Accrued Expenses | $130K | $49K | -- | -- | -- | |
| Current Portion Of Long-Term Debt | $280K | $270K | $1.3M | $3.1M | $5.6M | |
| Current Portion Of Capital Lease Obligations | $58K | $37K | $30K | $41K | $81K | |
| Other Current Liabilities | -- | $32K | -- | $1.1M | $1.4M | |
| Total Current Liabilities | $1.4M | $351.5K | -- | $18M | $20.8M | |
| Long-Term Debt | -- | -- | -- | $894K | $337K | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $2M | $4.7M | -- | $18.9M | $21.1M | |
| Common Stock | $21.9M | $400 | -- | $62.9M | $90M | |
| Other Common Equity Adj | -- | -- | -- | -- | $258K | |
| Common Equity | $6.4M | -$103.8K | -- | $402.6K | $6.2M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | $20.8M | $16.2M | |
| Total Equity | $6.4M | $123.3M | -- | $32.2M | $22.4M | |
| Total Liabilities and Equity | $8.5M | $128M | -- | $51.2M | $43.5M | |
| Cash and Short Terms | $4.3M | $1.4M | -- | $168K | $2.3M | |
| Total Debt | $280K | -- | -- | $2.7M | $2.3M | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $11.3K | $906.1K | $3M | -- | -- | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | $1M | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | $241.2K | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $11.3K | $1.1M | $4.1M | $373K | -- | |
| Property Plant And Equipment | -- | -- | $820K | $664K | -- | |
| Long-Term Investments | -- | $126.4M | $112K | $115K | -- | |
| Goodwill | -- | -- | -- | $33M | -- | |
| Other Intangibles | -- | -- | -- | $16.5M | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $285.7K | $127.6M | $10.3M | $50.6M | -- | |
| Accounts Payable | -- | -- | $7.3M | $11.7M | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | $734K | $3.4M | $3.9M | -- | |
| Current Portion Of Capital Lease Obligations | -- | $29K | $30K | $42K | -- | |
| Other Current Liabilities | -- | -- | $856K | $749K | -- | |
| Total Current Liabilities | $261.8K | $1.3M | $17M | $19.8M | -- | |
| Long-Term Debt | -- | -- | $938K | -- | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $261.8K | $5.6M | $22.3M | $20.2M | -- | |
| Common Stock | $300 | $126.3M | $51.7M | $71.8M | -- | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | $20.6M | -- | |
| Total Equity | $24K | $121.9M | -$12M | $30.4M | -- | |
| Total Liabilities and Equity | $285.8K | $127.6M | $10.3M | $50.6M | -- | |
| Cash and Short Terms | $11.3K | $906.1K | $3M | -- | -- | |
| Total Debt | -- | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$4.6M | -$343K | -- | -$20.9M | -$35.4M | |
| Depreciation & Amoritzation | $219K | $315K | $290K | $225K | $2.3M | |
| Stock-Based Compensation | $483K | $484K | $306K | $3.3M | $3.7M | |
| Change in Accounts Receivable | -- | -- | -- | $2.9M | $140K | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$3.5M | -$406.2K | -- | -$12.5M | -$11.3M | |
| Capital Expenditures | $958K | -- | -- | $1M | $190K | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$958K | -$126.3M | -- | -$1M | -$190K | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | $32K | $3.9M | $3.2M | $4.3M | |
| Long-Term Debt Repaid | -$156K | -$201K | -$227K | -$72K | -$114K | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | $2.7M | -$423K | |
| Cash From Financing | $6.7M | $128.1M | -- | $12M | $13.1M | |
| Beginning Cash (CF) | $1.7M | $1.4M | -- | $168K | $2.3M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $2.2M | $1.4M | -- | -$1.2M | $2.2M | |
| Ending Cash (CF) | $4.3M | $2.8M | -- | -$731K | $5.1M | |
| Levered Free Cash Flow | -$4.5M | -$406.2K | -$6.4M | -$13.5M | -$11.5M | |
| Period Ending | 2018-09-30 | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -$2.8K | -$1.9M | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | -- | -$415.6K | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | -$7K | -$300 | |
| Beginning Cash (CF) | -- | -- | -- | $4.3K | $490.2K | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -$7K | -$415.9K | |
| Ending Cash (CF) | -- | -- | -- | -$2.7K | $74.4K | |
| Levered Free Cash Flow | -- | -- | -- | -- | -- | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -$5M | -$36.8M | $1.4M | -$49.3M | |
| Depreciation & Amoritzation | -- | $353K | $228K | $222K | $4.4M | |
| Stock-Based Compensation | $279K | $370K | $2.2M | $2.8M | $17.3M | |
| Change in Accounts Receivable | -- | -- | -- | $609K | $593K | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -$4.4M | -$10M | -$9.3M | -$10.9M | |
| Capital Expenditures | -- | -- | $393K | $809K | $24K | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -$1.8M | -$554K | -$809K | -$24K | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | $613K | $6.9M | $1.9M | -- | |
| Long-Term Debt Repaid | -- | -$190K | -$239K | -$91K | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -$964K | -- | |
| Cash From Financing | -- | $2.3M | $13M | $6.9M | $11.2M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -$4.4M | $2.2M | -$3M | $750K | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -$6.2M | -$10.6M | -$10.1M | -$10.9M | |
| Period Ending | 2021-12-25 | 2022-12-25 | 2023-12-25 | 2024-12-25 | ||
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | -- | -- | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | -- | -- | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -- | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | -- | -- | |
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