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Malay Mail
13-06-2025
- Business
- Malay Mail
Gorilla Technology Sets Q1 2025 Conference Call for June 18th, 2025, at 4:30 p.m. ET
[email protected] LONDON, UNITED KINGDOM - Newsfile Corp. - June 13, 2025 - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") will hold a conference call on Wednesday, June 18th, 2025, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter of fiscal year 2025 ended March 31, 2025. Financial results will be issued in a press release before the June 18th, 20254:30 p.m. Eastern time (1:30 p.m. Pacific time)+1-833-752-4853+1-647-849-3362Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact RedChip Companies at conference call will be webcast live and available for replay at: Dave Gentry, CEORedChip Companies, Inc.1-407-644-4256 The issuer is solely responsible for the content of this announcement. About Gorilla Technology Group Inc. Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents. For more information, please visit our website:
Globe and Mail
13-06-2025
- Business
- Globe and Mail
Gorilla Technology Sets Q1 2025 Conference Call for June 18th, 2025, at 4:30 p.m. ET
London, United Kingdom--(Newsfile Corp. - June 13, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") will hold a conference call on Wednesday, June 18th, 2025, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter of fiscal year 2025 ended March 31, 2025. Financial results will be issued in a press release before the call. Call Date: Wednesday, June 18th, 2025 Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time) Toll Free: +1-833-752-4853 International: +1-647-849-3362 Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact RedChip Companies at 1-407-644-4256. The conference call will be webcast live and available for replay at: About Gorilla Technology Group Inc. Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents. For more information, please visit our website:
Forbes
11-06-2025
- Business
- Forbes
Artificial Intelligence For Business: Another Good Intro To The Issues
Artificial Intelligence Artificial Intelligence for Business, Kamales Lardi, is another good introductory book to the subject that suffers the same weaknesses as most of the other books I've read on the subject. Let's start with the good. The book is a very accessible, easy to read review of what business management wants to know about artificial intelligence (AI). Artificial Intelligence for Business, Kamales Lardi At a high level, the review of AI is good, but ignore the details. I'm not sure if it's because of confusion or a consultant's need to use the buzzwords, but I'm not thrilled with some of the details. For instance, machine learning isn't really limited to AI and was around in the business intelligence (BI) era. One thing good about the book is that it does mention BI, but doesn't focus on the area I've mentioned in previous reviews. A lot being pitched for AI's value has been done by BI for decades, including categorization and clustering. The difference is the volume of data that can lead to both higher precision and higher costs. It's up to management to look at the necessary precision for a problem and decide if the ROI for BI or AI is better in each situation. Both AI academics and consultants want to push it, but remember it's a key part of a modern solution and not a panacea. A section of the book I really liked was chapter four, ethics. Ms. Lardi does a very good job covering both the concepts and examples. It's the 'must read' of the book. The chapter before that is ok, where it covers AI working with other modern technologies. Again, at a high level, it's good; but the details are questionable. For instance, distributed ledgers are a key component of blockchain but that isn't clearly defined. While distributed ledgers in supply chains and elsewhere are valuable, the examples I've seen have only uses that because consensus slows down real business processes and isn't really needed. Again, I'm suggesting the reason that isn't made clear is the 'need' to push the blockchain buzzword. Another mixed blessing is the chapter on the future of work. While the author does make an excellent case for massively increased unemployment, that case is mitigated with the usual apologia that 'AI-driven automation does not substitute human labour completely … the human workforce will be able to focus on complex tasks.' As previously articles in this column, and those of plenty of other writers, have pointed out, there is a major problems with that thesis. People can do the complex tasks in a process because they began as rookies with simpler tasks and moved up to the complex ones as they gained skill. If AI does the simple tasks, how are humans to learn the complex ones. Are business owner more likely to take new hires and spend significant time training them for the complex task or demand AI that moves upstream and allows them to replace all employees? Yes, that's a rhetorical question. The rest of the book is a good explanation of what's needed to begin the process of expanding AI's use in business and, of course, setting up the reasons why a consultant can help the reader. The first part is good. The second is neither good nor bad, just what is to be expected. This is another book where the reader should always remember the author's background and purpose. It's far better than many coming out of academia, think tanks, and the blend of the two – people who came from academia, made a bunch of money at a startup without really understanding business, and who now think they know everything. The author is a consultant in the industry. The purpose of the book is to take her real life business experience, explain it to her market and, of course, drum up business. Remember that and it will be a positive read.
Yahoo
21-05-2025
- Business
- Yahoo
Domo Announces First Quarter Fiscal 2026 Financial Results
SILICON SLOPES, Utah, May 21, 2025--(BUSINESS WIRE)--Domo, Inc. (Nasdaq: DOMO) today announced results for its fiscal first quarter ended April 30, 2025. Fiscal First Quarter Results Total revenue was $80.1 million Subscription revenue was $71.4 million Billings were $63.9 million Subscription Remaining Performance Obligations (RPO) was $408.2 million as of April 30, 2025, an increase of 24% year over year Subscription RPO expected to be recognized beyond twelve months was $182.3 million as of April 30, 2025, an increase of 61% year over year Net cash provided by operating activities was $4.0 million, an increase of 108% year over year Adjusted free cash flow was $1.3 million, an increase of 159% year over year GAAP operating margin was negative 18%, an increase of 9 percentage points year over year Non-GAAP operating margin was positive 1%, an increase of 10 percentage points year over year GAAP net loss was $18.1 million, and GAAP net loss per share was $0.45, based on 39.7 million weighted-average shares outstanding Non-GAAP net loss was $3.6 million, and non-GAAP net loss per share was $0.09, based on 39.7 million weighted-average shares outstanding Cash and cash equivalents were $47.2 million as of April 30, 2025 "Our Q1 momentum is proof positive that our strategy is fueling powerful, innovative solutions for our customers," said Josh James, founder and CEO, Domo. "We're not just keeping pace in the fast-moving world of data and AI—we're leading the charge. These standout results show our reconfigured model is working, and I'm more confident than ever in our trajectory and the bright future ahead. We believe we've turned the corner, and we should be able to deliver profitable, sustainable growth going forward." Recent Highlights We believe the following announcements and recognitions demonstrate our commitment to product innovation and customer value: Domo was the top ranked vendor in three Dresner Advisory Services' market reports: 2025 Wisdom of Crowds® Cloud Computing and Business Intelligence (BI) Market Study (ninth consecutive year), 2025 Self-Service BI Market Study (seventh consecutive year), and 2025 Collective Insights Report (fourth year). CRN® recognized Domo on its 2025 Big Data 100 list in the Big Data Business Analytics category. Business Outlook Based on information available as of May 21, 2025, Domo is providing the following guidance for its second quarter of fiscal 2026 and full year fiscal 2026: Q2 Fiscal 2026 Revenue is expected to be in the range of $77.5 million to $78.5 million Non-GAAP net loss per share, basic and diluted, is expected to be between $0.03 and $0.07 based on 40.5 million weighted-average shares outstanding, basic and diluted Full Year Fiscal 2026 Revenue is expected to be in the range of $312.0 million to $320.0 million Non-GAAP net loss per share, basic and diluted, is expected to be between $0.18 and $0.26 based on 41.0 million weighted-average shares outstanding, basic and diluted We have not reconciled guidance for non-GAAP metrics to their most directly comparable GAAP measures because certain items that impact these measures are not within our control or cannot be reasonably predicted. Earnings Call Details Domo plans to host a conference call today to review its fiscal 2026 first quarter financial results and to discuss its financial outlook. The call is scheduled to begin at 3:00 p.m. MT/ 5:00 p.m. ET. A live webcast of the event will be available on the Domo Investor Relations website at and a live dial-in is available at (877) 484-6065 or (201) 689-8846. A replay will be available at (877) 660-6853 or (201) 612-7415 with the access ID#13753802 following the completion of the conference call until 11:59 p.m. (ET) June 18, 2025. About Domo Domo is an AI and Data Products platform that helps companies of all sizes leverage data and AI to drive value in today's data-driven world. Built around our customer's preferred data foundation, powered by our award-winning solution, and enriched with our partner ecosystem, the Domo platform enables users to prepare, visualize, automate, distribute, and build end-to-end data products that provide solutions across the entire data journey. From hydrating your data foundation, to building fully embedded applications that can be shared with your employees and customers, to deploying AI models across a variety of providers, Domo gives users the ability to build data products that generate measurable value for the business. For more information, visit You can also follow Domo on LinkedIn, X, and Facebook. Domo Disclosure Channels to Disseminate Information Domo investors and others should note that we announce material information to the public about our company, products and services, and other issues through a variety of means, including Domo's website, press releases, filings with the U.S. Securities and Exchange Commission (SEC), blogs and social media, in order to achieve broad, non-exclusionary distribution of information to the public. We intend to use the Domo Facebook page, the Domo LinkedIn page, the Domo blog, the @Domotalk X account and the @JoshJames X account as a means of disclosing information about the Company and its services and for complying with the disclosure obligations under Regulation FD. The information we post through these social media channels may be deemed material. Accordingly, we encourage investors and others to monitor these social media channels in addition to following our press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described here may be updated from time to time as listed on our investor relations webpage. Use of Non-GAAP Financial Measures To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with Generally Accepted Accounting Principles in the United States of America (GAAP), we reference in this press release and the accompanying tables the following non-GAAP financial measures: non-GAAP subscription gross margin, non-GAAP operating expenses, non-GAAP operating loss, non-GAAP operating margin, non-GAAP net loss, non-GAAP net loss per share, billings, and adjusted free cash flow. In computing the measures other than billings and adjusted free cash flow, we exclude the effects of stock-based compensation expense, amortization of certain intangible assets, and remeasurement of warrant liability. Billings is defined as total revenue plus the change in deferred revenue in a period. In computing adjusted free cash flow, we use net cash provided by (used in) operating activities, less purchases of property and equipment, and exclude the effects of proceeds from shares issued in connection with the employee stock purchase plan and the net change in short-term payable financing. As it relates to adjusted free cash flow, we add back amounts equal to the proceeds from shares issued in connection with employee stock purchase plan to reflect the non-cash nature of these transactions. Because no cash is exchanged in these transactions, showing proceeds in the financing section of the statement of cash flows as required by GAAP results in a corresponding decrease in the operating section, which management believes is not indicative of actual cash used in or provided by our operations. We also add back the net change to short-term payable financing to adjusted free cash flow. We believe that this non-GAAP cash metric is useful because it provides investors with the same information that management uses to consistently evaluate, forecast and measure the Company's actual cash flows and its ability to achieve and maintain positive cash flows. We use these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain items that may not be indicative of our ongoing core business operating results. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when analyzing historical performance and liquidity and planning, forecasting, and analyzing future periods. For a reconciliation of these non-GAAP financial measures to GAAP measures, please see the tables captioned "Reconciliation of Non-GAAP Financial Measures" included at the end of this release. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements of our Chief Executive Officer, statements regarding competitive positions, the effectiveness of our strategic priorities, our financial outlook for our second fiscal quarter, and results for future periods. Forward-looking statements are subject to risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption "Risk Factors" and elsewhere in our filings with the SEC, including, without limitation, the Annual Report on Form 10-K filed with the SEC on April 4, 2025 or subsequent filings with the SEC. All information provided in this release and in the attachments is as of the date hereof, and we undertake no duty to update this information unless required by law. Domo is a registered trademark of Domo, Inc. Domo, Inc. Condensed Consolidated Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended April 30, 2024 2025 Revenue: Subscription $ 72,110 $ 71,389 Professional services and other 7,993 8,722 Total revenue 80,103 80,111 Cost of revenue: Subscription (1) 12,775 13,787 Professional services and other (1) 7,939 6,881 Total cost of revenue 20,714 20,668 Gross profit 59,389 59,443 Operating expenses: Sales and marketing (1) 42,219 39,661 Research and development (1) 22,719 19,961 General and administrative (1), (2) 15,901 14,167 Total operating expenses 80,839 73,789 Loss from operations (21,450 ) (14,346 ) Other expense: Other expense, net (1), (3) (4,431 ) (3,515 ) Total other expense (4,431 ) (3,515 ) Loss before income taxes (25,881 ) (17,861 ) Provision for income taxes 126 191 Net loss $ (26,007 ) $ (18,052 ) Net loss per share (basic and diluted) $ (0.69 ) $ (0.45 ) Weighted-average number of shares (basic and diluted) 37,482 39,735 (1) Includes stock-based compensation expenses, as follows: Cost of revenue: Subscription $ 798 $ 670 Professional services and other 333 278 Sales and marketing 5,314 4,401 Research and development 4,422 4,902 General and administrative 3,084 4,986 Other expense, net 191 218 Total stock-based compensation expenses $ 14,142 $ 15,455 (2) Includes amortization of certain intangible assets, as follows: General and administrative $ 142 $ 142 (3) Includes remeasurement of warrant liability, as follows: Other expense, net $ (566 ) $ (1,158 ) Domo, Inc. Condensed Consolidated Balance Sheets (in thousands) (unaudited) January 31, April 30, 2025 2025 Assets Current assets: Cash, cash equivalents, and restricted cash $ 45,264 $ 47,180 Accounts receivable, net 71,544 43,918 Contract acquisition costs 15,780 15,458 Prepaid expenses and other current assets 9,089 10,283 Total current assets 141,677 116,839 Property and equipment, net 28,625 28,978 Right-of-use assets 10,158 9,192 Contract acquisition costs, noncurrent 19,553 19,359 Intangible assets, net 2,125 1,984 Goodwill 9,478 9,478 Other assets 2,724 2,795 Total assets $ 214,340 $ 188,625 Liabilities and stockholders' deficit Current liabilities: Accounts payable $ 10,033 $ 12,654 Accrued expenses and other current liabilities 60,909 48,728 Lease liabilities 5,731 6,000 Current portion of deferred revenue 178,276 162,935 Total current liabilities 254,949 230,317 Lease liabilities, noncurrent 7,695 6,197 Deferred revenue, noncurrent 2,828 1,961 Other liabilities, noncurrent 8,446 9,105 Long-term debt 117,668 119,747 Total liabilities 391,586 367,327 Commitments and contingencies - - Stockholders' deficit: Common stock 39 40 Additional paid-in capital 1,310,922 1,326,158 Accumulated other comprehensive loss (669 ) 690 Accumulated deficit (1,487,538 ) (1,505,590 ) Total stockholders' deficit (177,246 ) (178,702 ) Total liabilities and stockholders' deficit $ 214,340 $ 188,625 Domo, Inc. Condensed Consolidated Statements of Cash Flows (in thousands) (unaudited) Three Months Ended April 30, 2024 2025 Cash flows from operating activities Net loss $ (26,007 ) $ (18,052 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 2,356 2,291 Non-cash lease expense 1,080 1,102 Amortization of contract acquisition costs 4,301 4,057 Stock-based compensation 14,142 15,455 Remeasurement of warrant liability (566 ) (1,158 ) Other, net 1,058 2,181 Changes in operating assets and liabilities: Accounts receivable, net 19,349 27,626 Contract acquisition costs (1,995 ) (3,261 ) Prepaid expenses and other assets (345 ) (857 ) Accounts payable 6,678 3,354 Operating lease liabilities (1,280 ) (1,362 ) Accrued and other liabilities (2,263 ) (11,217 ) Deferred revenue (14,607 ) (16,208 ) Net cash provided by operating activities 1,901 3,951 Cash flows from investing activities Purchases of property and equipment (2,526 ) (2,926 ) Purchases of intangible assets - (1 ) Issuance of note receivable - - Net cash used in investing activities (2,526 ) (2,927 ) Cash flows from financing activities Payments of deferred offering costs for registration statement - (164 ) Proceeds from shares issued in connection with employee stock purchase plan 1,121 680 Shares repurchased for tax withholdings on vesting of restricted stock - (486 ) Debt proceeds, net of issuance costs - (206 ) Proceeds from short-term payable financing - 3,303 Payments on short-term payable financing - (3,722 ) Net cash provided by (used in) financing activities 1,121 (595 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash (277 ) 1,487 Net increase in cash, cash equivalents, and restricted cash 219 1,916 Cash, cash equivalents, and restricted cash at beginning of period 60,939 45,264 Cash, cash equivalents, and restricted cash at end of period $ 61,158 $ 47,180 Domo, Inc. Reconciliation of Non-GAAP Financial Measures (in thousands, except per share data) (unaudited) Three Months Ended April 30, 2024 2025 Reconciliation of Subscription Gross Margin on a GAAP Basis to Subscription Gross Margin on a Non-GAAP Basis: Revenue: Subscription $ 72,110 $ 71,389 Cost of revenue: Subscription 12,775 13,787 Subscription gross profit on a GAAP basis 59,335 57,602 Subscription gross margin on a GAAP basis 82 % 81 % Stock-based compensation 798 670 Subscription gross profit on a non-GAAP basis $ 60,133 $ 58,272 Subscription gross margin on a non-GAAP basis 83 % 82 % Reconciliation of Total Operating Expenses on a GAAP Basis to Total Operating Expenses on a Non-GAAP Basis: Total operating expenses on a GAAP basis $ 80,839 $ 73,789 Stock-based compensation (12,820 ) (14,289 ) Amortization of certain intangible assets (142 ) (142 ) Total operating expenses on a non-GAAP basis $ 67,877 $ 59,358 Reconciliation of Operating Loss on a GAAP Basis to Operating (Loss) Income on a Non-GAAP Basis: Operating loss on a GAAP basis $ (21,450 ) $ (14,346 ) Stock-based compensation 13,951 15,237 Amortization of certain intangible assets 142 142 Operating (loss) income on a non-GAAP basis $ (7,357 ) $ 1,033 Reconciliation of Operating Margin on a GAAP Basis to Operating Margin on a Non-GAAP Basis: Operating margin on a GAAP basis (27 )% (18 )% Stock-based compensation 18 % 19 % Operating margin on a non-GAAP basis (9 )% 1 % Reconciliation of Net Loss on a GAAP Basis to Net Loss on a Non-GAAP Basis: Net loss on a GAAP basis $ (26,007 ) $ (18,052 ) Stock-based compensation 14,142 15,455 Amortization of certain intangible assets 142 142 Remeasurement of warrant liability (566 ) (1,158 ) Net loss on a non-GAAP basis $ (12,289 ) $ (3,613 ) Reconciliation of Net Loss per Share on a GAAP Basis to Net Loss per Share on a Non-GAAP Basis: Net loss per share on a GAAP basis $ (0.69 ) $ (0.45 ) Stock-based compensation 0.38 0.39 Remeasurement of warrant liability (0.02 ) (0.03 ) Net loss per share on a non-GAAP basis $ (0.33 ) $ (0.09 ) Billings: Total revenue $ 80,103 $ 80,111 Add: Deferred revenue (end of period) 170,813 162,935 Deferred revenue, noncurrent (end of period) 2,566 1,961 Less: Deferred revenue (beginning of period) (185,250 ) (178,276 ) Deferred revenue, noncurrent (beginning of period) (2,736 ) (2,828 ) Decrease in deferred revenue (current and noncurrent) (14,607 ) (16,208 ) Billings $ 65,496 $ 63,903 Reconciliation of Net Cash Provided by Operating Activities to Adjusted Free Cash Flow: Net cash provided by operating activities $ 1,901 $ 3,951 Proceeds from shares issued in connection with employee stock purchase plan 1,121 680 Purchases of property and equipment (2,526 ) (2,926 ) Proceeds from short-term payable financing - 3,303 Payments on short-term payable financing - (3,722 ) Adjusted free cash flow $ 496 $ 1,286 View source version on Contacts Media –Cynthia Cowen PR@ Investors – Peter Lowry IR@
Yahoo
21-05-2025
- Business
- Yahoo
Domo Announces First Quarter Fiscal 2026 Financial Results
SILICON SLOPES, Utah, May 21, 2025--(BUSINESS WIRE)--Domo, Inc. (Nasdaq: DOMO) today announced results for its fiscal first quarter ended April 30, 2025. Fiscal First Quarter Results Total revenue was $80.1 million Subscription revenue was $71.4 million Billings were $63.9 million Subscription Remaining Performance Obligations (RPO) was $408.2 million as of April 30, 2025, an increase of 24% year over year Subscription RPO expected to be recognized beyond twelve months was $182.3 million as of April 30, 2025, an increase of 61% year over year Net cash provided by operating activities was $4.0 million, an increase of 108% year over year Adjusted free cash flow was $1.3 million, an increase of 159% year over year GAAP operating margin was negative 18%, an increase of 9 percentage points year over year Non-GAAP operating margin was positive 1%, an increase of 10 percentage points year over year GAAP net loss was $18.1 million, and GAAP net loss per share was $0.45, based on 39.7 million weighted-average shares outstanding Non-GAAP net loss was $3.6 million, and non-GAAP net loss per share was $0.09, based on 39.7 million weighted-average shares outstanding Cash and cash equivalents were $47.2 million as of April 30, 2025 "Our Q1 momentum is proof positive that our strategy is fueling powerful, innovative solutions for our customers," said Josh James, founder and CEO, Domo. "We're not just keeping pace in the fast-moving world of data and AI—we're leading the charge. These standout results show our reconfigured model is working, and I'm more confident than ever in our trajectory and the bright future ahead. We believe we've turned the corner, and we should be able to deliver profitable, sustainable growth going forward." Recent Highlights We believe the following announcements and recognitions demonstrate our commitment to product innovation and customer value: Domo was the top ranked vendor in three Dresner Advisory Services' market reports: 2025 Wisdom of Crowds® Cloud Computing and Business Intelligence (BI) Market Study (ninth consecutive year), 2025 Self-Service BI Market Study (seventh consecutive year), and 2025 Collective Insights Report (fourth year). CRN® recognized Domo on its 2025 Big Data 100 list in the Big Data Business Analytics category. Business Outlook Based on information available as of May 21, 2025, Domo is providing the following guidance for its second quarter of fiscal 2026 and full year fiscal 2026: Q2 Fiscal 2026 Revenue is expected to be in the range of $77.5 million to $78.5 million Non-GAAP net loss per share, basic and diluted, is expected to be between $0.03 and $0.07 based on 40.5 million weighted-average shares outstanding, basic and diluted Full Year Fiscal 2026 Revenue is expected to be in the range of $312.0 million to $320.0 million Non-GAAP net loss per share, basic and diluted, is expected to be between $0.18 and $0.26 based on 41.0 million weighted-average shares outstanding, basic and diluted We have not reconciled guidance for non-GAAP metrics to their most directly comparable GAAP measures because certain items that impact these measures are not within our control or cannot be reasonably predicted. Earnings Call Details Domo plans to host a conference call today to review its fiscal 2026 first quarter financial results and to discuss its financial outlook. The call is scheduled to begin at 3:00 p.m. MT/ 5:00 p.m. ET. A live webcast of the event will be available on the Domo Investor Relations website at and a live dial-in is available at (877) 484-6065 or (201) 689-8846. A replay will be available at (877) 660-6853 or (201) 612-7415 with the access ID#13753802 following the completion of the conference call until 11:59 p.m. (ET) June 18, 2025. About Domo Domo is an AI and Data Products platform that helps companies of all sizes leverage data and AI to drive value in today's data-driven world. Built around our customer's preferred data foundation, powered by our award-winning solution, and enriched with our partner ecosystem, the Domo platform enables users to prepare, visualize, automate, distribute, and build end-to-end data products that provide solutions across the entire data journey. From hydrating your data foundation, to building fully embedded applications that can be shared with your employees and customers, to deploying AI models across a variety of providers, Domo gives users the ability to build data products that generate measurable value for the business. For more information, visit You can also follow Domo on LinkedIn, X, and Facebook. Domo Disclosure Channels to Disseminate Information Domo investors and others should note that we announce material information to the public about our company, products and services, and other issues through a variety of means, including Domo's website, press releases, filings with the U.S. Securities and Exchange Commission (SEC), blogs and social media, in order to achieve broad, non-exclusionary distribution of information to the public. We intend to use the Domo Facebook page, the Domo LinkedIn page, the Domo blog, the @Domotalk X account and the @JoshJames X account as a means of disclosing information about the Company and its services and for complying with the disclosure obligations under Regulation FD. The information we post through these social media channels may be deemed material. Accordingly, we encourage investors and others to monitor these social media channels in addition to following our press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described here may be updated from time to time as listed on our investor relations webpage. Use of Non-GAAP Financial Measures To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with Generally Accepted Accounting Principles in the United States of America (GAAP), we reference in this press release and the accompanying tables the following non-GAAP financial measures: non-GAAP subscription gross margin, non-GAAP operating expenses, non-GAAP operating loss, non-GAAP operating margin, non-GAAP net loss, non-GAAP net loss per share, billings, and adjusted free cash flow. In computing the measures other than billings and adjusted free cash flow, we exclude the effects of stock-based compensation expense, amortization of certain intangible assets, and remeasurement of warrant liability. Billings is defined as total revenue plus the change in deferred revenue in a period. In computing adjusted free cash flow, we use net cash provided by (used in) operating activities, less purchases of property and equipment, and exclude the effects of proceeds from shares issued in connection with the employee stock purchase plan and the net change in short-term payable financing. As it relates to adjusted free cash flow, we add back amounts equal to the proceeds from shares issued in connection with employee stock purchase plan to reflect the non-cash nature of these transactions. Because no cash is exchanged in these transactions, showing proceeds in the financing section of the statement of cash flows as required by GAAP results in a corresponding decrease in the operating section, which management believes is not indicative of actual cash used in or provided by our operations. We also add back the net change to short-term payable financing to adjusted free cash flow. We believe that this non-GAAP cash metric is useful because it provides investors with the same information that management uses to consistently evaluate, forecast and measure the Company's actual cash flows and its ability to achieve and maintain positive cash flows. We use these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain items that may not be indicative of our ongoing core business operating results. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when analyzing historical performance and liquidity and planning, forecasting, and analyzing future periods. For a reconciliation of these non-GAAP financial measures to GAAP measures, please see the tables captioned "Reconciliation of Non-GAAP Financial Measures" included at the end of this release. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements of our Chief Executive Officer, statements regarding competitive positions, the effectiveness of our strategic priorities, our financial outlook for our second fiscal quarter, and results for future periods. Forward-looking statements are subject to risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption "Risk Factors" and elsewhere in our filings with the SEC, including, without limitation, the Annual Report on Form 10-K filed with the SEC on April 4, 2025 or subsequent filings with the SEC. All information provided in this release and in the attachments is as of the date hereof, and we undertake no duty to update this information unless required by law. Domo is a registered trademark of Domo, Inc. Domo, Inc. Condensed Consolidated Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended April 30, 2024 2025 Revenue: Subscription $ 72,110 $ 71,389 Professional services and other 7,993 8,722 Total revenue 80,103 80,111 Cost of revenue: Subscription (1) 12,775 13,787 Professional services and other (1) 7,939 6,881 Total cost of revenue 20,714 20,668 Gross profit 59,389 59,443 Operating expenses: Sales and marketing (1) 42,219 39,661 Research and development (1) 22,719 19,961 General and administrative (1), (2) 15,901 14,167 Total operating expenses 80,839 73,789 Loss from operations (21,450 ) (14,346 ) Other expense: Other expense, net (1), (3) (4,431 ) (3,515 ) Total other expense (4,431 ) (3,515 ) Loss before income taxes (25,881 ) (17,861 ) Provision for income taxes 126 191 Net loss $ (26,007 ) $ (18,052 ) Net loss per share (basic and diluted) $ (0.69 ) $ (0.45 ) Weighted-average number of shares (basic and diluted) 37,482 39,735 (1) Includes stock-based compensation expenses, as follows: Cost of revenue: Subscription $ 798 $ 670 Professional services and other 333 278 Sales and marketing 5,314 4,401 Research and development 4,422 4,902 General and administrative 3,084 4,986 Other expense, net 191 218 Total stock-based compensation expenses $ 14,142 $ 15,455 (2) Includes amortization of certain intangible assets, as follows: General and administrative $ 142 $ 142 (3) Includes remeasurement of warrant liability, as follows: Other expense, net $ (566 ) $ (1,158 ) Domo, Inc. Condensed Consolidated Balance Sheets (in thousands) (unaudited) January 31, April 30, 2025 2025 Assets Current assets: Cash, cash equivalents, and restricted cash $ 45,264 $ 47,180 Accounts receivable, net 71,544 43,918 Contract acquisition costs 15,780 15,458 Prepaid expenses and other current assets 9,089 10,283 Total current assets 141,677 116,839 Property and equipment, net 28,625 28,978 Right-of-use assets 10,158 9,192 Contract acquisition costs, noncurrent 19,553 19,359 Intangible assets, net 2,125 1,984 Goodwill 9,478 9,478 Other assets 2,724 2,795 Total assets $ 214,340 $ 188,625 Liabilities and stockholders' deficit Current liabilities: Accounts payable $ 10,033 $ 12,654 Accrued expenses and other current liabilities 60,909 48,728 Lease liabilities 5,731 6,000 Current portion of deferred revenue 178,276 162,935 Total current liabilities 254,949 230,317 Lease liabilities, noncurrent 7,695 6,197 Deferred revenue, noncurrent 2,828 1,961 Other liabilities, noncurrent 8,446 9,105 Long-term debt 117,668 119,747 Total liabilities 391,586 367,327 Commitments and contingencies - - Stockholders' deficit: Common stock 39 40 Additional paid-in capital 1,310,922 1,326,158 Accumulated other comprehensive loss (669 ) 690 Accumulated deficit (1,487,538 ) (1,505,590 ) Total stockholders' deficit (177,246 ) (178,702 ) Total liabilities and stockholders' deficit $ 214,340 $ 188,625 Domo, Inc. Condensed Consolidated Statements of Cash Flows (in thousands) (unaudited) Three Months Ended April 30, 2024 2025 Cash flows from operating activities Net loss $ (26,007 ) $ (18,052 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 2,356 2,291 Non-cash lease expense 1,080 1,102 Amortization of contract acquisition costs 4,301 4,057 Stock-based compensation 14,142 15,455 Remeasurement of warrant liability (566 ) (1,158 ) Other, net 1,058 2,181 Changes in operating assets and liabilities: Accounts receivable, net 19,349 27,626 Contract acquisition costs (1,995 ) (3,261 ) Prepaid expenses and other assets (345 ) (857 ) Accounts payable 6,678 3,354 Operating lease liabilities (1,280 ) (1,362 ) Accrued and other liabilities (2,263 ) (11,217 ) Deferred revenue (14,607 ) (16,208 ) Net cash provided by operating activities 1,901 3,951 Cash flows from investing activities Purchases of property and equipment (2,526 ) (2,926 ) Purchases of intangible assets - (1 ) Issuance of note receivable - - Net cash used in investing activities (2,526 ) (2,927 ) Cash flows from financing activities Payments of deferred offering costs for registration statement - (164 ) Proceeds from shares issued in connection with employee stock purchase plan 1,121 680 Shares repurchased for tax withholdings on vesting of restricted stock - (486 ) Debt proceeds, net of issuance costs - (206 ) Proceeds from short-term payable financing - 3,303 Payments on short-term payable financing - (3,722 ) Net cash provided by (used in) financing activities 1,121 (595 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash (277 ) 1,487 Net increase in cash, cash equivalents, and restricted cash 219 1,916 Cash, cash equivalents, and restricted cash at beginning of period 60,939 45,264 Cash, cash equivalents, and restricted cash at end of period $ 61,158 $ 47,180 Domo, Inc. Reconciliation of Non-GAAP Financial Measures (in thousands, except per share data) (unaudited) Three Months Ended April 30, 2024 2025 Reconciliation of Subscription Gross Margin on a GAAP Basis to Subscription Gross Margin on a Non-GAAP Basis: Revenue: Subscription $ 72,110 $ 71,389 Cost of revenue: Subscription 12,775 13,787 Subscription gross profit on a GAAP basis 59,335 57,602 Subscription gross margin on a GAAP basis 82 % 81 % Stock-based compensation 798 670 Subscription gross profit on a non-GAAP basis $ 60,133 $ 58,272 Subscription gross margin on a non-GAAP basis 83 % 82 % Reconciliation of Total Operating Expenses on a GAAP Basis to Total Operating Expenses on a Non-GAAP Basis: Total operating expenses on a GAAP basis $ 80,839 $ 73,789 Stock-based compensation (12,820 ) (14,289 ) Amortization of certain intangible assets (142 ) (142 ) Total operating expenses on a non-GAAP basis $ 67,877 $ 59,358 Reconciliation of Operating Loss on a GAAP Basis to Operating (Loss) Income on a Non-GAAP Basis: Operating loss on a GAAP basis $ (21,450 ) $ (14,346 ) Stock-based compensation 13,951 15,237 Amortization of certain intangible assets 142 142 Operating (loss) income on a non-GAAP basis $ (7,357 ) $ 1,033 Reconciliation of Operating Margin on a GAAP Basis to Operating Margin on a Non-GAAP Basis: Operating margin on a GAAP basis (27 )% (18 )% Stock-based compensation 18 % 19 % Operating margin on a non-GAAP basis (9 )% 1 % Reconciliation of Net Loss on a GAAP Basis to Net Loss on a Non-GAAP Basis: Net loss on a GAAP basis $ (26,007 ) $ (18,052 ) Stock-based compensation 14,142 15,455 Amortization of certain intangible assets 142 142 Remeasurement of warrant liability (566 ) (1,158 ) Net loss on a non-GAAP basis $ (12,289 ) $ (3,613 ) Reconciliation of Net Loss per Share on a GAAP Basis to Net Loss per Share on a Non-GAAP Basis: Net loss per share on a GAAP basis $ (0.69 ) $ (0.45 ) Stock-based compensation 0.38 0.39 Remeasurement of warrant liability (0.02 ) (0.03 ) Net loss per share on a non-GAAP basis $ (0.33 ) $ (0.09 ) Billings: Total revenue $ 80,103 $ 80,111 Add: Deferred revenue (end of period) 170,813 162,935 Deferred revenue, noncurrent (end of period) 2,566 1,961 Less: Deferred revenue (beginning of period) (185,250 ) (178,276 ) Deferred revenue, noncurrent (beginning of period) (2,736 ) (2,828 ) Decrease in deferred revenue (current and noncurrent) (14,607 ) (16,208 ) Billings $ 65,496 $ 63,903 Reconciliation of Net Cash Provided by Operating Activities to Adjusted Free Cash Flow: Net cash provided by operating activities $ 1,901 $ 3,951 Proceeds from shares issued in connection with employee stock purchase plan 1,121 680 Purchases of property and equipment (2,526 ) (2,926 ) Proceeds from short-term payable financing - 3,303 Payments on short-term payable financing - (3,722 ) Adjusted free cash flow $ 496 $ 1,286 View source version on Contacts Media –Cynthia Cowen PR@ Investors – Peter Lowry IR@
