Trade HashiCorp - HCP CFD

HashiCorp Company profile

About HashiCorp Inc

HashiCorp, Inc., is a technology company. The Company's cloud operating model provides consistent workflows and a standardized approach to automating the critical processes involved in delivering applications in the cloud infrastructure provisioning, security, networking and application deployment. The Company's products include Terraform, Vault, Consul, Nomad, Waypoint, Boundary, Vagrant and Packer. The Company offers HashiCorp Cloud Platform (HCP), a fully managed cloud platform for multiple products that further accelerates enterprise cloud migration by addressing resource and skills gaps, improving operational efficiency, and speeding up deployment time for customers. The Company's products are available in a non-commercial form for users to download, learn, and adopt, leading to market standardization of its products. The Company offer its services to the industries, such as financial, healthcare, manufacturing, media and entertainment, public sector, retail and technology.

Financial summary

BRIEF: For the fiscal year ended 31 January 2022, HashiCorp Inc revenues increased 51% to $320.8M. Net loss increased from $83.5M to $290.1M. Revenues reflect Support increase of 49% to $247.6M, Cloud-hosted services increase from $4.1M to $18.6M, License increase of 31% to $47.5M. Higher net loss reflects Other income, net decrease of 79% to $162K (income). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.47 to -$3.48.