monday.com(US:MNDY) The Motley Fool·2025-12-06 00:22Core Insights - Crosslink Capital has significantly increased its investment in monday.com, acquiring an additional 143,650 shares, raising its total stake to 203,865 shares valued at approximately $39.49 million as of September 30, 2025 [1][2] - The investment now represents 2.87% of Crosslink Capital's total reportable U.S. equity assets, which amount to $1.37 billion [2] - Despite a 46% decline in monday.com's stock price over the past year, Crosslink Capital views this as a buying opportunity, particularly as the stock trades at 24 times free cash flow [3][9] Company Overview - monday.com operates as a flexible work management software provider, employing over 2,500 people globally and serving a diverse customer base, including enterprises and government agencies [5][8] - The company's market capitalization stands at $8.1 billion, with a trailing twelve months (TTM) revenue of $1.2 billion and a net income of $65 million [4] Financial Performance - In the last quarter, monday.com achieved a 26% increase in sales, with a net retention rate of 117% among its larger clients, indicating strong customer loyalty and upselling capabilities [10] - The company has been recognized in Gartner's Magic Quadrant for Adaptive Project Management for four consecutive years, highlighting its leadership in the collaborative work management niche [11] Investment Perspective - Crosslink Capital's recent purchase reflects a strategic move to capitalize on the current stock price dip, despite the overall reduction of 22% in the fund's reportable assets under management during the same quarter [3][9] - The company's focus on AI-infused applications positions it well to benefit from the growing trend of artificial intelligence in the industry [10]