monday.com Ltd. (MNDY) annual results, year to 31 December 2024: revenue USD 972 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 2024 it reported revenue of USD 972 million, up 33.2% on the year before. Its profit attributable to shareholders was USD 32.4 million, and diluted earnings per share USD 0.62.
The year to 31 December 2024, against the year before
| Year to | Dec 2023 | Dec 2024 |
|---|---|---|
| Revenue | 730 | 972 |
| Cost of sales | 80.6 | 104 |
| Gross profit | 649 | 868 |
| Research and development | 156 | 214 |
| Operating profit | -38.6 | -21.0 |
| Profit before tax | 3.3 | 34.5 |
| Income tax | 5.2 | 2.1 |
| Profit attributable to shareholders | -1.9 | 32.4 |
| 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 2023 | Dec 2024 |
|---|---|---|
| Cash from operations | 215 | 311 |
| Purchase of property, plant and equipment | 7.9 | 13.2 |
| Free cash flow | 208 | 298 |
| 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 2023 | Dec 2024 |
|---|---|---|
| Total assets | 1,276 | 1,686 |
| Equity attributable to shareholders | 814 | 1,030 |
| Cash and cash equivalents | 1,116 | 1,412 |
| Trade and other receivables | 17.9 | 25.8 |
| Filing | 20-F | 20-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2023 | Dec 2024 |
|---|---|---|
| Gross margin | 88.9% | 89.3% |
| Operating margin | -5.3% | -2.2% |
| Net margin | -0.3% | 3.3% |
| Free cash flow margin | 28.4% | 30.6% |
| Return on year-end equity | -0.2% | 3.1% |
| Effective tax rate | 156.4% | 6.1% |
| 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, this page
- Year to 31 December 2023
- 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 2024, 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.
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