Trade Amplitude, Inc. - AMPL CFD

About Amplitude Inc

Amplitude, Inc. is a software company, which is engaged in developing a category of software called Digital Optimization. The Company's Digital Optimization System serves as the command center for businesses to connect digital products to business outcomes. It enables users to track user behavior in real-time and analyze what experiences improve retention. The Company's Digital Optimization System consists of integrated components, such as Amplitude Analytics, Amplitude Recommend, Amplitude Experiment, Amplitude Behavioral Graph and Data Management. The Amplitude Recommend is a personalization solution that helps teams in customer engagement by adapting digital products and campaigns. It serves across various industries, which includes consumer technology, enterprise software, financial services, healthcare and wellness, media and entertainment, and automotive / Internet of things (IoT).

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Amplitude Inc revenues increased 63% to $167.3M. Net loss increased from $24.6M to $75M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Sales and marketing - Balancing value increase of 70% to $73.7M (expense), General and administrative - Balancing v increase from $14.2M to $44.4M (expense).