KNBE · Knowbe4, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $85.84M | $80.76M | $75.03M | - | $44.93M | $41.49M | $39.18M | - |
| Cost of Revenue | $11.44M | $10.91M | $10.14M | - | $6.92M | $8.59M | $6.04M | - |
| Gross Profit | $74.40M | $69.85M | $64.89M | - | $38.01M | $35.19M | $33.13M | - |
| R&D | - | - | - | - | - | - | - | - |
| SG&A | $25.54M | $23.59M | $22.64M | - | $13.44M | $28.28M | $10.12M | - |
| Total Operating Expenses | $69.86M | $67.03M | $62.30M | - | $55.16M | $35.24M | $34.65M | - |
| D&A | $1.10M | $1.10M | $3.73M | - | $1.00M | $900.0K | $2.70M | - |
| Operating Income | $4.54M | $2.82M | $2.59M | - | ($1.00M) | ($56.0K) | ($1.52M) | - |
| Interest Expense | $65.0K | $65.0K | $86.0K | - | $16.0K | $66.0K | $13.0K | - |
| Income Tax | $52.0K | $172.0K | $638.0K | - | $963.0K | ($407.0K) | ($12.0K) | - |
| Net Income | $6.51M | $3.35M | $1.36M | - | ($1.70M) | ($16.86M) | ($1.36M) | - |
| EPS - Basic | $0.04 | $0.02 | $0.01 | - | ($0.01) | $0.00 | ($0.03) | - |
| EPS - Diluted | $0.04 | $0.02 | $0.01 | - | ($0.01) | $0.00 | ($0.03) | - |
Balance Sheet
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $343.94M | $315.50M | $298.35M | $273.72M | $272.27M | $257.06M | $94.65M | $44.57M |
| Accounts Receivable | $63.95M | $62.49M | $52.55M | $54.07M | $44.81M | $42.71M | $38.66M | - |
| Inventory | - | - | - | - | - | - | - | - |
| Accounts Payable | $4.75M | $4.65M | $3.57M | $5.63M | $3.02M | $4.28M | $2.53M | - |
| Current Assets | $443.32M | $415.00M | $382.05M | $356.22M | $346.59M | $328.45M | $143.55M | - |
| Total Assets | $637.04M | $606.41M | $568.32M | $537.68M | $463.91M | $443.23M | $218.21M | - |
| Current Liabilities | $273.05M | $258.70M | $240.22M | $225.08M | $209.43M | $172.51M | $134.38M | - |
| Long-term Debt | - | - | - | - | - | - | - | - |
| Total Liabilities | $389.86M | $369.89M | $343.22M | $320.41M | $291.81M | $268.32M | $221.37M | - |
| Stockholders' Equity | $247.19M | $236.52M | $225.09M | $217.27M | ($6.21M) | $174.91M | ($7.42M) | $10.52M |
| Retained Earnings | ($161.93M) | ($168.44M) | ($171.79M) | ($173.15M) | ($177.55M) | ($175.97M) | ($161.30M) | - |
Cash Flow
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $25.14M | - | - | - | $13.93M | - |
| Investing Cash Flow | - | - | ($1.73M) | - | - | - | ($3.54M) | - |
| Financing Cash Flow | - | - | $870.0K | - | - | - | ($1.0K) | - |
| CapEx | - | - | $1.03M | - | - | - | $2.67M | - |
| Free Cash Flow | - | - | $24.11M | - | - | - | $11.26M | - |
Ratios
| Metric | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||
| Gross margin | 86.7% | 86.5% | 86.5% | - | 84.6% | 84.8% | 84.6% | - |
| Operating margin | 5.3% | 3.5% | 3.5% | - | -2.2% | -0.1% | -3.9% | - |
| EBITDA margin | 6.6% | 4.9% | 8.4% | - | 0.0% | 2.0% | 3.0% | - |
| Net margin | 7.6% | 4.1% | 1.8% | - | -3.8% | -40.6% | -3.5% | - |
| Free cash flow margin | - | - | 32.1% | - | - | - | 28.7% | - |
| FCF / Net income | - | - | 17.73 | - | - | - | -8.27 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 29.8% | 29.2% | 30.2% | - | 29.9% | 68.2% | 25.8% | - |
| Effective tax rate | 0.8% | 4.9% | 31.9% | - | - | - | - | - |
| Return on assets | 1.0% | 0.6% | 0.2% | - | -0.4% | -3.8% | -0.6% | - |
| Return on equity | 2.6% | 1.4% | 0.6% | - | 27.4% | -9.6% | 18.3% | - |
| Return on invested capital | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||
| Current ratio | 1.62 | 1.60 | 1.59 | 1.58 | 1.65 | 1.90 | 1.07 | - |
| Quick ratio | 1.62 | 1.60 | 1.59 | 1.58 | 1.65 | 1.90 | 1.07 | - |
| Cash ratio | 1.26 | 1.22 | 1.24 | 1.22 | 1.30 | 1.49 | 0.70 | - |
| Leverage | ||||||||
| Debt / Equity | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - |
| Interest coverage | 69.9x | 43.4x | 30.1x | - | -62.5x | -0.8x | -116.8x | - |
| Equity multiplier | 2.58 | 2.56 | 2.52 | 2.47 | -74.75 | 2.53 | -29.40 | - |
| Liabilities / Assets | 0.61 | 0.61 | 0.60 | 0.60 | 0.63 | 0.61 | 1.01 | - |
| Efficiency | ||||||||
| Asset turnover | 0.13 | 0.13 | 0.13 | - | 0.10 | 0.09 | 0.18 | - |
| Inventory turnover | - | - | - | - | - | - | - | - |
| Days sales outstanding | 272d | 282d | 256d | - | 364d | 376d | 360d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - |
| Days payable outstanding | 152d | 156d | 128d | - | 159d | 182d | 153d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - |
| Valuation | ||||||||
| P / E | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| Growth | ||||||||
| Revenue growth (YoY) | 91.0% | 94.7% | 91.5% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 95.7% | 98.5% | 95.8% | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | - | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | 114.1% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | 35.2% | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Geographic
$246.30M totalNorth America$207.22M · 84.1%
Non USExcluding North America$39.08M · 15.9%
Peer comparison
Same SIC group: Services-Computer Programming, Data Processing, Etc.
Comparing KnowBe4 against the 5 most active filers in the same SIC group.