NASDAQ$AMPL

Amplitude Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Announced fourth quarter and fiscal year 2021 financial results.

Amplitude's Q4 2021 revenue reached $49.4 million, a 64% increase year-over-year, marking a strong finish to a breakthrough year driven by the increasing importance of digital products for businesses.

  • Q4 revenue was $49.4M, up 64% year-over-year.
  • Fiscal year 2021 revenue was $167.3M, up 63% year-over-year.
  • Current Remaining Performance Obligations reached $137.3M, up 60% year-over-year.
  • Number of paying customers grew 54% year-over-year to 1,597.

Headline financials

Total Revenue

$49.4M

Previous: $30.1M+64.3%
EPS (adj)

-$0.05

Previous: -$0.98+94.9%
Dollar-based Net Retention Rate

123.0%

Previous: 119.0%+3.4%
Capital Expenditures

$572K

Previous: $506K+13.0%
Free Cash Flow

-$12.2M

Previous: -$3.5M-250.1%
Net Income

-$21.9M

Previous: -$5.37M-307.9%
Operating Income

-$21.5M

No prior period
Gross Profit

$34M

Previous: $20.9M+63.0%
Cash & Equivalents

$307M

Previous: $118M+161.0%
Total Assets

$400M

Previous: $175M+128.7%
Stock-Based Comp

$14.3M

Previous: $4.63M+207.9%

Revenue & EPS history

Amplitude · Revenue · Quarterly

$49.4M

Q4 2021+64.3%vs Q4 2020
Beat estimate in 7 of 11 quarters(64%)
ActualEstimate

Forward guidance

For the first quarter of 2022, Amplitude expects revenue between $50 and $51 million, with a non-GAAP operating margin of -22% to -20% and a non-GAAP net loss per share between $(0.10) and $(0.09). For the full year 2022, the company expects revenue between $226 and $234 million, with a non-GAAP operating margin of -22% to -20% and a non-GAAP net loss per share between $(0.44) and $(0.42).

Tailwinds

  • Revenue $50 - $51 million for Q1 2022
  • Revenue $226 - $234 million for FY 2022

Headwinds

  • Non-GAAP Operating Margin (22%) - (20%) for Q1 2022
  • Non-GAAP Net Loss Per Share $(0.10) - $(0.09) for Q1 2022
  • Non-GAAP Operating Margin (22%) - (20%) for FY 2022
  • Non-GAAP Net Loss Per Share $(0.44) - $(0.42) for FY 2022

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-4.1%

Avg return

Earnings day

-3.2%

Avg return

5 days after

-4.8%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+22.1%

Q2 2022

Best reaction

-61.3%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-21.4%-17.8%+1.9%
Q4 2025-0.3%-4.9%-2.4%
Q3 2025+2.8%+16.0%+15.8%
Q1 2025+11.2%+25.3%+35.2%
Q4 2024+21.9%+8.2%-1.7%
Q3 2024-0.8%+5.3%+14.9%
Q2 2024+2.2%+10.8%+10.3%
Q1 2024-3.4%-1.1%-12.0%
Q4 2023-16.3%-14.4%-18.4%
Q3 2023+0.2%-1.9%+7.8%
Q2 2023+6.0%+5.5%+17.9%
Q1 2023-7.8%-14.0%-12.2%
Q4 2022-8.5%-8.0%-23.7%
Q3 2022-11.9%-15.4%-18.1%
Q2 2022+22.1%+24.1%-0.1%
Q1 2022+0.7%-8.3%+11.1%
Q4 2021-61.3%-53.3%-59.3%
Q3 2021-6.9%-8.0%-29.4%
Q4 2020-6.9%-8.0%-29.4%
Q2 2021
Q3 2020
Q2 2020
Q1 2020

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