# Atlassian Corporation Class A Common Stock (TEAM) — Stock CV

Atlassian Corporation is a $52.4B technology company. Revenue grew 26.0% over the last year, it currently loses money, and it holds more cash than debt.

> Atlassian produces software that helps teams work together more efficiently and more effectively. The company provides project planning and management software, collaboration tools, and service desk solutions.

## Identity

- **Ticker**: TEAM
- **Sector**: Technology
- **Industry**: Services-Prepackaged Software
- **Headquarters**: SAN FRANCISCO, CA
- **Employees**: 13 301
- **Website**: https://www.atlassian.com
- **Market cap**: $52.4B
- **Last price**: $206.79
- **Financial profile**: Solid

## Vitals (TTM)

- **Revenue**: $6.57B
- **Net income**: -$53.8M
- **Free cash flow**: $1.32B
- **Net cash**: $6.60M
- **Revenue growth (YoY)**: 26.0%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 27 |
| Growth | 25 |
| Profitability | 5 |
| Health | 56 |
| Quality | 60 |
| Moat | 50 |

## Qualifications (beginner checklist) — 7 of 9 passed

- [x] Revenue growing — +26.0% YoY
- [ ] Profitable — -$53.8M TTM
- [x] Profit growing — +79.0% YoY
- [x] Generates cash — $1.32B TTM
- [x] Debt under control — more cash than debt
- [x] Established company — $52.4B market cap
- [x] Not printing shares — -0.6% shares over ~5y
- [ ] Proven track record — 0/5 profitable years
- [x] Financially stable — Altman Z 5.9 — safe

## Experience (career milestones)

- **2022** — The group completed a corporate reorganisation,' establishing a US-domiciled parent holding company,…
- **FY2022** — Revenue already above $1B: $2.80B in first reported year
- **FY2022** — Positive free cash flow every year since: 5-year streak
- **2019** — Atlassian completed the acquisition of Code Barrel, makers of "Automation for Jira", available…
- **2016** — Atlassian acquired Dogwood Labs and its product StatusPage that inform customers during outages and…
- **2015** — Atlassian made its initial public offering (IPO) on the NASDAQ stock exchange, under the symbol…
- **2015** — Atlassian announced that it had acquired Blue Jimp—the company behind Jitsi—to expand its video…
- **2013** — Atlassian announced a Jira service desk product with full service-level agreement support
- **2012** — Atlassian acquired HipChat, an instant messenger for workplace environments
- **2012** — Atlassian introduced an app marketplace to offer plug-ins for Atlassian products
- **2011** — Atlassian acquired SourceTree, a client for Git and Mercurial distributed version control systems and…
- **2010** — Atlassian acquired Bitbucket, a hosted service for code collaboration

## Strengths

- High gross margin (84.8%)
- Revenue growing 26.0% year over year
- Strong cash conversion — FCF is 20.1% of revenue
- Net cash position after subtracting debt from cash
- Altman Z-Score 5.92 — low bankruptcy-risk zone

## Watch-outs

- Not profitable — 0.8% net margin
- Thin interest coverage (-11.0×)
- Loss-making in 5 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2022 | $2.80B | -$520M | $750M |
| FY2023 | $3.53B | -$487M | $842M |
| FY2024 | $4.36B | -$301M | $1.42B |
| FY2025 | $5.22B | -$257M | $1.42B |
| FY2026 | $6.57B | -$53.8M | $1.32B |

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Source: https://stockcv.com/TEAM — derived from company filings; may be delayed or incomplete. Information, not investment advice.