Freshworks Inc. (FRSH)

Freshworks Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	391.1	488.12	304.08	747.86	95.38	75
Short-Term Investments	663.88	699.51	843.41	575.68	142.73	147.86
Cash & Short-Term Investments	1,055	1,188	1,147	1,324	238.12	222.86
Cash Growth	-9.42%	3.50%	-13.30%	455.84%	6.84%	384.77%
Accounts Receivable	99.17	97.18	70.47	51.76	34.27	24.3
Other Receivables	4.1	4.4	2.8	-	-	-
Receivables	103.27	101.58	73.27	51.76	34.27	24.3
Prepaid Expenses	49.47	43.43	36.11	31.44	28.92	20.77
Restricted Cash	0	-	0	-	1.93	3.11
Other Current Assets	25.06	22.91	20.14	14.64	9.17	5.45
Total Current Assets	1,233	1,356	1,277	1,421	312.4	276.5
Property, Plant & Equipment	41.41	41.4	45.96	13.18	14.08	16.36
Long-Term Investments	-	-	-	-	0.5	0.52
Goodwill	147.01	6.18	6.18	6.18	6.18	4.47
Other Intangible Assets	109.03	14.1	11.2	10.19	12.92	8
Long-Term Deferred Tax Assets	9.53	10.01	8.69	6.28	4.39	2.07
Long-Term Deferred Charges	21.65	19.76	19.54	15.01	9.11	6.16
Other Long-Term Assets	13.76	9.77	11.64	10.59	7.83	7.69
Total Assets	1,575	1,457	1,380	1,483	367.42	321.77
Accounts Payable	6.96	3.49	5.91	6.32	3.71	3.66
Accrued Expenses	59.9	48.35	44.46	45.57	29.28	17.23
Current Portion of Leases	5.63	2.7	6.78	-	-	-
Current Income Taxes Payable	1.15	0.72	1.15	1.02	8.74	3.39
Current Unearned Revenue	296.09	266.4	205.63	160.17	104.18	67.54
Other Current Liabilities	8.21	5.56	7.78	10.26	6.33	6.57
Total Current Liabilities	377.93	327.21	271.69	223.35	152.24	98.38
Long-Term Leases	25.53	26.8	28.17	-	-	-
Other Long-Term Liabilities	33.4	20	19.93	14.73	11.23	8.43
Total Liabilities	440.16	384.51	328.4	244.77	169.07	109.92
Common Stock	0	0	0	0	0	-
Additional Paid-In Capital	4,847	4,714	4,562	4,510	-	-
Retained Earnings	-3,714	-3,641	-3,503	-3,271	-2,697	-1,123
Comprehensive Income & Other	1.82	-0.75	-7.43	-0.75	0.41	0.14
Total Common Equity	1,135	1,072	1,052	1,238	-2,697	-1,123
Shareholders' Equity	1,135	1,072	1,052	1,238	198.36	211.85
Total Liabilities & Equity	1,575	1,457	1,380	1,483	367.42	321.77
Total Debt	31.16	29.49	34.95	-	-	-
Net Cash (Debt)	1,024	1,158	1,113	1,324	238.12	222.86
Net Cash Growth	-9.71%	4.10%	-15.94%	455.84%	6.84%	-
Net Cash Per Share	3.42	3.95	3.91	10.13	3.09	2.93
Filing Date Shares Outstanding	302.85	297.94	290.23	282.65	77.62	76.03
Total Common Shares Outstanding	302.58	296.69	289.09	273.29	77.62	76.03
Working Capital	854.85	1,028	1,005	1,198	160.16	178.11
Book Value Per Share	3.75	3.61	3.64	4.53	-34.74	-14.77
Tangible Book Value	878.98	1,052	1,034	1,222	-2,716	-1,135
Tangible Book Value Per Share	2.90	3.55	3.58	4.47	-34.99	-14.93
Machinery	33.83	31.24	30.34	26.23	23.91	21.26
Construction In Progress	2.91	0.75	0.22	-	0.32	0.83
Leasehold Improvements	7.44	5.77	5.65	4.27	4.27	3.79

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