Freshworks Inc. (FRSH)

Freshworks Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	620.32	488.12	304.08	747.86	95.38
Short-Term Investments	449.75	699.51	843.41	575.68	142.73
Cash & Short-Term Investments	1,070	1,188	1,147	1,324	238.12
Cash Growth	-9.90%	3.50%	-13.30%	455.84%	6.84%
Accounts Receivable	122.91	97.18	70.47	51.76	34.27
Other Receivables	3.3	4.4	2.8	-	-
Receivables	126.21	101.58	73.27	51.76	34.27
Prepaid Expenses	43.04	43.43	36.11	31.44	28.92
Restricted Cash	0	-	0	-	1.93
Other Current Assets	26.11	22.91	20.14	14.64	9.17
Total Current Assets	1,265	1,356	1,277	1,421	312.4
Property, Plant & Equipment	48.28	41.4	45.96	13.18	14.08
Long-Term Investments	-	-	-	-	0.5
Goodwill	147.01	6.18	6.18	6.18	6.18
Other Intangible Assets	105.34	14.1	11.2	10.19	12.92
Long-Term Deferred Tax Assets	8.5	10.01	8.69	6.28	4.39
Long-Term Deferred Charges	22.53	19.76	19.54	15.01	9.11
Other Long-Term Assets	14.79	9.77	11.64	10.59	7.83
Total Assets	1,612	1,457	1,380	1,483	367.42
Accounts Payable	1.62	3.49	5.91	6.32	3.71
Accrued Expenses	66.41	48.35	44.46	45.57	29.28
Current Portion of Leases	8.07	2.7	6.78	-	-
Current Income Taxes Payable	0.73	0.72	1.15	1.02	8.74
Current Unearned Revenue	323.44	266.4	205.63	160.17	104.18
Other Current Liabilities	7.45	5.56	7.78	10.26	6.33
Total Current Liabilities	407.72	327.21	271.69	223.35	152.24
Long-Term Leases	30.22	26.8	28.17	-	-
Long-Term Unearned Revenue	3.9	-	-	-	-
Other Long-Term Liabilities	22.53	20	19.93	14.73	11.23
Total Liabilities	473.96	384.51	328.4	244.77	169.07
Common Stock	0	0	0	0	0
Additional Paid-In Capital	4,874	4,714	4,562	4,510	-
Retained Earnings	-3,736	-3,641	-3,503	-3,271	-2,697
Comprehensive Income & Other	-0.34	-0.75	-7.43	-0.75	0.41
Total Common Equity	1,138	1,072	1,052	1,238	-2,697
Shareholders' Equity	1,138	1,072	1,052	1,238	198.36
Total Liabilities & Equity	1,612	1,457	1,380	1,483	367.42
Total Debt	38.29	29.49	34.95	-	-
Net Cash (Debt)	1,032	1,158	1,113	1,324	238.12
Net Cash Growth	-10.91%	4.10%	-15.94%	455.84%	6.84%
Net Cash Per Share	3.43	3.95	3.91	10.13	3.09
Filing Date Shares Outstanding	301.53	297.94	290.23	282.65	77.62
Total Common Shares Outstanding	303.38	296.69	289.09	273.29	77.62
Working Capital	857.71	1,028	1,005	1,198	160.16
Book Value Per Share	3.75	3.61	3.64	4.53	-34.74
Tangible Book Value	885.57	1,052	1,034	1,222	-2,716
Tangible Book Value Per Share	2.92	3.55	3.58	4.47	-34.99
Machinery	36.86	31.24	30.34	26.23	23.91
Construction In Progress	0.01	0.75	0.22	-	0.32
Leasehold Improvements	7.85	5.77	5.65	4.27	4.27

Source: S&P Capital IQ. Standard template. Financial Sources.