Five9 (FIVN) FY2023 results: revenue $910 million, up 16.9% on the year
Five9, Inc. (FIVN) reported revenue of $910 million for fiscal 2023, the year ended 31 December 2023, up 16.9% on the year before. Net income was -$82 million, and diluted earnings per share $-1.13. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2024.
Revenue
$910 million
+16.9% on the year
FY2016FY2023
Operating margin
-10.8%
-11.2% a year earlier
FY2016FY2023
Net income
-$82 million
FY2016FY2023
Diluted EPS
-$1.13
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
129
88.9
29.0
+45.0%
Capital expenditure
31.2
52.3
42.2
-40.2%
Free cash flow
97.6
36.6
-13.2
+166.7%
Free cash flow margin
10.7%
4.7%
-2.2%
Cash from investing
-260
31.0
-150
Cash from financing
94.6
-30.2
-7.5
Depreciation and amortisation
48.5
44.7
38.7
+8.6%
Share-based compensation
206
173
109
+19.6%
Buybacks
0.0
n/a
n/a
Diluted shares, weighted
72m
70m
68m
+3.0%
Shares outstanding at period end
73m
71m
68m
+3.2%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
538
310
211
+73.6%
Debt
742
738
769
+0.5%
Operating lease liabilities
36.4
41.4
47.1
-12.1%
Finance lease liabilities
2.9
0.0
0.0
Other liabilities
175
155
166
+13.1%
Total liabilities and equity
1,495
1,244
1,193
+20.1%
Fixed assets
109
101
n/a
+7.3%
Goodwill
227
165
165
+37.5%
Intangible assets
38.3
28.2
39.9
+35.9%
Investments
587
435
526
+35.1%
Cash and equivalents
143
181
90.9
-20.7%
Receivables
97.4
87.5
83.7
+11.3%
Other assets
293
247
287
+18.4%
Total assets
1,495
1,244
1,193
+20.1%
10-K for the year ended 31 December 2023, filed 22 February 2024: the filing.