monday.com Ltd. (MNDY) annual results, year to 31 December 2023: revenue USD 730 million, from the 20-F
monday.com Ltd. files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2023 it reported revenue of USD 730 million, up 40.6% on the year before. Its profit attributable to shareholders was USD -1.9 million, and diluted earnings per share USD -0.04.
The year to 31 December 2023, against the year before
| Year to | Dec 2022 | Dec 2023 |
|---|---|---|
| Revenue | 519 | 730 |
| Cost of sales | 66.5 | 80.6 |
| Gross profit | 453 | 649 |
| Research and development | 127 | 156 |
| Operating profit | -152 | -38.6 |
| Profit before tax | -129 | 3.3 |
| Income tax | 7.4 | 5.2 |
| Profit attributable to shareholders | -137 | -1.9 |
| Filing | 20-F | 20-F |
USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the US GAAP tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.
USD per ordinary share, as filed.
Cash flow
| Year to | Dec 2022 | Dec 2023 |
|---|---|---|
| Cash from operations | 27.1 | 215 |
| Purchase of property, plant and equipment | 16.0 | 7.9 |
| Free cash flow | 11.1 | 208 |
| Filing | 20-F | 20-F |
USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.
Balance sheet at year end
| Year to | Dec 2022 | Dec 2023 |
|---|---|---|
| Total assets | 1,039 | 1,276 |
| Equity attributable to shareholders | 680 | 814 |
| Cash and cash equivalents | 886 | 1,116 |
| Trade and other receivables | 13.2 | 17.9 |
| Filing | 20-F | 20-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2022 | Dec 2023 |
|---|---|---|
| Gross margin | 87.2% | 88.9% |
| Operating margin | -29.3% | -5.3% |
| Net margin | -26.4% | -0.3% |
| Free cash flow margin | 2.1% | 28.4% |
| Return on year-end equity | -20.1% | -0.2% |
| Effective tax rate | n/a | 156.4% |
| Filing | 20-F | 20-F |
Arithmetic on the filed lines of the same year.
Every annual report here
- Year to 31 December 2025
- Year to 31 December 2024
- Year to 31 December 2023, this page
- Year to 31 December 2022
- Year to 31 December 2021
- Year to 31 December 2020
- Year to 31 December 2019
Source
20-F for the year to 31 December 2023, filed 13 March 2026, accession 0001178913-26-000870: the filing on EDGAR. All of monday.com Ltd.'s filings: EDGAR company page. The figures are in US dollars as filed.
The same record on your computer
GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.