Domo (DOMO) FY Conference June 11, 2025 12:20 PM ET Speaker0 Joining us. I'm Alex Platt. I cover Domo, and so very delighted to have Josh James here as, founder and CEO of Domo and Todd Crane, CFO. Thank you gentlemen for, for being here. Thank you. Absolutely. So Josh maybe we could just start I guess with something that I thought was sort of important to the Domo story that both yourself and Todd had mentioned to me last earnings which was sort of how would you compare Domo say two years ago to the Domo t ...

Revenue and Performance - Total revenue for the three months ended April 30, 2024 and 2025 was $80.1 million, remaining relatively flat year-over-year [161]. - Total revenue for the three months ended April 30, 2025, was $80,111 thousand, a slight increase of $8 thousand compared to $80,103 thousand in the same period of 2024 [189]. - Remaining performance obligations (RPO) increased from $346.3 million in 2024 to $427.5 million in 2025, with $241.0 million expected to be recognized as revenue in the next twelve months [160]. - Subscription revenue decreased by $721 thousand, or 1%, from $72,110 thousand in 2024 to $71,389 thousand in 2025, primarily due to a $4.3 million net decrease from existing customers [193]. - Professional services and other revenue increased by $729 thousand, or 9%, from $7,993 thousand in 2024 to $8,722 thousand in 2025, driven by increases in event sponsorship and consulting revenue [194]. Customer and Market Dynamics - As of April 30, 2025, 70% of annual recurring revenue (ARR) was derived from consumption-based service agreements, with expectations for this percentage to increase [158]. - The company had over 2,500 customers as of April 30, 2025, with enterprise customers accounting for 45% of revenue [167]. - The macroeconomic environment has elongated the software sales cycle and increased deal scrutiny, potentially impacting revenue growth in the near term [162]. Financial Performance - Net losses were $26.0 million for the three months ended April 30, 2024, and $18.1 million for the same period in 2025, with an accumulated deficit of $1.5056 billion as of April 30, 2025 [163]. - Net loss for the three months ended April 30, 2025, was $18,052 thousand, compared to a net loss of $26,007 thousand in 2024, reflecting an improvement of $7,955 thousand [189]. - Cash collected from customers during the three months ended April 30, 2025 was $93.2 million, exceeding cash outflows of $89.2 million [217]. - Net cash provided by operating activities for the three months ended April 30, 2025 was $3.951 million, compared to $1.901 million for the same period in 2024 [214]. Expenses and Cost Management - Total operating expenses decreased by $7,050 thousand, or 9%, from $80,839 thousand in 2024 to $73,789 thousand in 2025, with significant reductions in sales and marketing, research and development, and general and administrative expenses [199]. - Sales and marketing expenses as a percentage of total revenue increased from 50% in 2024 to 53% in 2025 [174]. - Research and development expenses as a percentage of total revenue increased from 25% in 2025 to 28% in 2024, indicating a focus on future growth [176]. - Research and development expenses decreased by $2,758 thousand, or 12%, from $22,719 thousand in 2024 to $19,961 thousand in 2025, with a decrease in employee-related costs [200]. - General and administrative expenses decreased by $1,734 thousand, or 11%, from $15,901 thousand in 2024 to $14,167 thousand in 2025, primarily due to a reduction in professional and legal fees [201]. Liquidity and Financing - Cash and cash equivalents as of April 30, 2025, totaled $47.2 million, held primarily for working capital purposes [204]. - The company has a $125.3 million credit facility, all of which had been drawn as of April 30, 2025 [204]. - The company is required to maintain a minimum liquidity of $25.0 million in unrestricted cash as per the credit facility [213]. - As of April 30, 2025, the cash interest rate on the term loan was approximately 7.3%, with an additional fixed rate of 5.0% accruing on the outstanding principal [212]. Economic and Inflation Considerations - The company does not believe inflation has materially affected its business or financial condition to date [232]. - Subscription contracts often contain pricing terms tied to the Consumer Price Index (CPI), and renewal pricing policies are designed to approximate CPI changes [232]. - If costs become subject to significant inflationary pressure, the company may not be able to fully offset these costs with price increases, which could adversely affect its financial condition [232]. - A hypothetical change in interest rates of 100 basis points would not have a material impact on the fair value of the company's outstanding debt [229]. Strategic Initiatives - The company entered into a Controlled Equity Offering Sales Agreement to sell up to $150.0 million of Class B common stock, with a commission of 3.0% on gross proceeds [208]. - The company has no current agreements for potential investments or acquisitions but may seek additional equity financing in the future [208]. - The company has experienced fluctuations in net loss due to transaction gains or losses from remeasuring current asset and liability balances in foreign currencies [231]. - The company has not engaged in hedging foreign currency transactions to date but is considering the costs and benefits of initiating such a program as it expands international operations [231].

Domo (DOMO) FY 2025 Conference May 29, 2025 10:15 AM ET Speaker0 Thanks for coming in, everybody. I'm Derek Wood, senior analyst covering the enterprise software sector. Sector. With us today, we have Todd Crane, CFO of Domo. Todd, thanks for coming. Speaker1 Absolutely. Thanks for having us, Derek. Speaker0 Let's start with your stock has made a very big move over the last few days. Some pretty exciting things to talk about, especially with regards to your pipeline. But let's just talk let's start with the ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Shares of Domo (DOMO 28.66%) absolutely soared on Thursday. The stock had gained 30.5% at 1:30 p.m. ET, driven by a robust earnings report. Domo's Q1 2026 report by the numbersThe cloud-based software specialist reported $80.1 million of top-line revenue in the first quarter of fiscal year 2026, unchanged from the year-ago period. Further down the income statement, Domo saw an adjusted net loss of $0.09 per share. That's a strong improvement from a net loss of $0.33 per share. The average Wall Street analys ...

Domo (DOMO) Q1 2026 Earnings Call May 21, 2025 05:00 PM ET Company Participants Peter Lowry - VP, IRJosh James - CEOTod Crane - CFORJ Tracy - CRO Conference Call Participants Yi Fu Lee - Equity Research AnalystJared Jungjohann - AnalystEric Martinuzzi - Senior Research AnalystNone - Analyst Operator a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Peter Lowry, Vice President, Investor Relations. Thank you, Peter. You may begin. Peter Lowry Good afternoon. On the c ...

Financial Data and Key Metrics Changes - In Q1 2026, the company reported total revenue of $80.1 million and billings of $63.9 million, exceeding guidance for both metrics [26] - Adjusted free cash flow was positive at $1.3 million, a significant improvement from the previous year [28] - Non-GAAP subscription gross margin increased to 81.6%, with a non-GAAP operating margin of 1.3% [29] - The company raised its full-year guidance for billings to between $312 million and $322 million, and for GAAP revenue to between $312 million and $320 million [30] Business Line Data and Key Metrics Changes - Subscription Remaining Performance Obligations (RPO) grew 24% year over year, while long-term subscription RPO increased by 61% [6][28] - Subscription Total Contract Value (TCV) was up 69% year over year, indicating strong demand for long-term contracts [6] - Sales force productivity increased over 60% year over year, reflecting improved efficiency in sales operations [7] Market Data and Key Metrics Changes - Gross retention improved to 86% from 85% in the previous quarter, and net retention was reported at 94%, up more than four percentage points year over year [27] - Consumption customers now represent over 70% of Annual Recurring Revenue (ARR), with expectations to reach 90% by year-end [9] Company Strategy and Development Direction - The company is focusing on driving adoption of AI across its platform, enhancing customer relationships, and developing its ecosystem of partners [12] - The transition to a consumption-based pricing model is expected to deliver higher usage, customer satisfaction, and retention [25] - The company aims to exit FY 2026 with 5% billings growth and a 5% operating margin, progressing to 10% growth and margin by FY 2027 [10][25] Management's Comments on Operating Environment and Future Outlook - Management acknowledged a challenging macro environment but noted that customer interest in AI solutions is driving positive momentum [35] - The company is confident in its ability to achieve sustainable long-term profitable growth, supported by improved customer relationships and operational efficiency [31] Other Important Information - The company has made significant improvements in its integrations with Cloud Data Warehouse partners, leading to a 200% increase in partner-sourced leads [18] - The successful launch of Agent Catalyst at Domopalooza has generated strong interest, with over 200 customers signing up to explore AI solutions [14] Q&A Session Summary Question: How is the macro environment affecting the business? - Management noted that while the macro environment is challenging, customer interest in AI solutions is driving positive activity [35] Question: What factors are driving the increase in sales productivity? - The increase in sales productivity is attributed to the consumption model and improved relationships with cloud data warehouse partners [39] Question: Can you elaborate on the growth in RPO? - RPO growth is driven by strong technology and the consumption model, which enhances customer relationships and leads to longer-term contracts [54] Question: How do you see gross margin evolving with the consumption model? - The company expects gross margins to remain around 81.6% in the near term, with potential for long-term increases as consumption dynamics evolve [60] Question: What is the outlook for enterprise versus commercial segments? - The enterprise segment remains a significant part of the business, with many leads coming from partnerships, indicating strong growth potential [62]

Wall Street expects a year-over-year increase in earnings on lower revenues when Domo (DOMO) reports results for the quarter ended April 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 21. On the other ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Domo (DOMO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.Domo is a member of the Computer and Technology sector. This group includ ...

Core Viewpoint - Salazar Resources Limited provides an update on the construction plan and schedule for the El Domo Project, which is a joint venture with Silvercorp Metals Inc. targeting production by the end of 2026 at an estimated cost of $240.4 million, slightly lower than the previous estimate of $247.6 million from the 2021 feasibility study [1][3][24]. Group 1: Joint Venture and Ownership - Silvercorp holds a 75% interest in the joint venture for the El Domo mine, while Salazar has a 25% carried interest [2]. - Once commercial production is achieved, Silvercorp will receive 95% of the dividends until its investment is recouped, after which dividends will be shared on a 75%/25% basis [4]. Group 2: Construction and Cost Estimates - The total estimated capital cost for the El Domo Project is $240.4 million, with a breakdown of costs across various packages [3][24]. - The construction schedule includes significant expenditures in fiscal years 2026 and 2027, with direct costs totaling $159.4 million, VAT at $19.1 million, and contingencies at $31.9 million [6][24]. Group 3: Detailed Engineering and Infrastructure - Advanced detailed engineering has been conducted for the tailings storage facilities, open pit mine design, and project infrastructure, with contracts awarded for site preparation [7][8]. - The construction of a power line and standby diesel generators is also in progress, with the power line expected to be completed in 13-17 months [16]. Group 4: Mining and Production Plans - The joint venture plans to commence stripping of the open pit in August 2025, with an estimated 5.4 million cubic meters of sediments and waste rocks to be stripped [12]. - By the end of 2026, the project expects to produce 43,000 tonnes of ore, with 550,000 cubic meters of ore ready for mining [12]. Group 5: Cost Comparison and Adjustments - The updated cost estimates reflect a reduction of $32.6 million in direct costs compared to the 2021 feasibility study, attributed to savings from employing a unit cost contract and detailed engineering [24]. - The contingency costs have increased by $9.9 million, while owner's costs have risen by $20 million [24].