monday.com Ltd.
MNDYILmonday.com Ltd., along with its affiliated entities, designs and provides software solutions for a global market, spanning the United States, Europe, the Middle East, Africa, and other international regions. Its flagship offering is Work OS, an intuitive cloud-native visual work operating system constructed from configurable modules. This platform empowers users to assemble bespoke software applications and effective work management tools. The company further supplies dedicated product solutions catering to various functions, including marketing, customer relationship management (CRM), project coordination, and software engineering. Additionally, monday.com delivers comprehensive business development, presales, and customer support services. Its client base is broad, encompassing diverse organizations, educational and governmental institutions, and specific business divisions within larger enterprises. Founded in 2012, the firm was initially known as DaPulse Labs Ltd. before rebranding to monday.com Ltd. in November 2017. It maintains its corporate headquarters in Tel Aviv-Yafo, Israel.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Application Software
- Sub-sector
- Customer & Revenue Applications
- Listing
- MNDY
- Country
- IL
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | 68% | 41% | 33% | 27% | 19% | 16% |
| Revenue | $308M | $519M | $730M | $972M | $1.23B | $1.47B | $1.71B |
| Gross Profit | $269M | $453M | $649M | $868M | $1.10B | — | — |
| Gross Profit Margin | 87.3% | 87.2% | 88.9% | 89.3% | 89.2% | — | — |
| EBITDA | ($123M) | ($121M) | $12M | $53M | $73M | $658M | $764M |
| EBITDA Margin | -40.0% | -23.3% | 1.7% | 5.4% | 5.9% | 44.8% | 44.8% |
| EBIT | ($126M) | ($152M) | ($39M) | ($21M) | ($2M) | $641M | $745M |
| Net Income | ($129M) | ($137M) | ($2M) | $32M | $119M | $223M | $272M |
| Free Cash Flow | $3M | $10M | $206M | $296M | $310M | — | — |
| FCF Margin | 0.8% | 1.9% | 28.2% | 30.4% | 25.2% | — | — |
| Short-Term Debt | $0M | $0M | $0M | $0M | $26M | — | — |
| Long-Term Debt | $0M | $0M | $0M | $0M | $143M | — | — |
| Cash & Cash Equivalents | $887M | $886M | $1.12B | $1.41B | $1.50B | — | — |
| Net Debt | ($887M) | ($886M) | ($1.12B) | ($1.41B) | ($1.33B) | — | — |
| Net Debt / EBITDA | — | — | -90.4x | -26.8x | -18.2x | — | — |
| Rule of 40 | — | 70.3% | 68.8% | 63.6% | 51.9% | — | — |