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monday.com Ltd.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19
   20-F20-F20-F
Revenue  308.2161.178.1
            Revenue growth  91.3%106.3% 
Cost of revenue  39.022.512.0
    Gross profit  269.1138.666.1
            Gross margin  87.3%86.0%84.7%
   
OPERATING EXPENSES     
Research and development  73.743.524.6
Sales and marketing  268.1191.4118.5
General and administrative  53.554.315.5
    Total operating expenses  395.3289.2158.6
    Operating loss  -126.1-150.5-92.5
            Operating margin  -40.9%-93.4%-118.5%
Financial income  0.91.52.4
Financial expenses  -1.7-1.0-0.8
    Loss before income taxes  -127.0-150.0-90.9
Taxes on income  -2.3-2.2-0.7
    Net loss  -129.3-152.2-91.6
   
Net loss per share attributable to ordinary shareholders’, basic and diluted  ($4.53)($14.19)($9.22)
   
Weighted-average ordinary shares used in calculating net loss per ordinary share, basic and diluted  30.312.011.3
   
Pro forma net loss per share (unaudited)     
Weighted-average shares used in calculating pro forma net loss per share, basic and diluted     

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