monday.com Investor Day Presentation Deck
Reconciliation of non-GAAP financial measures
Non-GAAP operating loss
($ in thousands)
Reconciliation of gross profit:
GAAP gross profit
Add: Share-based compensation
Non-GAAP gross profit
Reconciliation of gross margin:
GAAP gross margin
Non-GAAP adjustments
Non-GAAP gross margin
Reconciliation of operating expenses:
GAAP research and development
Less: Share-based compensation
Non-GAAP research and development
GAAP sales and marketing
Less: Share-based compensation
Non-GAAP sales and marketing
FY-19
66,111
970
67,081
85%
1%
86%
24,637
9,396
15,241
118,534
3,283
115,251
FY-20
138,635
2,720
141,355
86%
2%
88%
43,480
12,142
31,338
191,353
10,068
181,285
FY-21
269,137
7,681
276,818
87%
3%
90%
73,686
21,779
51,907
268,083
23,135
244,948
FY-22
452,501
10,406
462,907
87%
2%
89%
127,047
32,957
94,090
392,068
33,457
358,611View entire presentation