Clearwater Analytics (US:CWAN)2022-05-06 02:25Company Overview - Clearwater Analytics aims to be the world's most trusted and comprehensive technology platform for investment accounting and analytics[11] - The company operates on a 100% SaaS revenue model[12] - Clearwater Analytics boasts a high Net Promoter Score (NPS) of 60+[13] and a gross revenue retention rate of 98%[13] - The company serves approximately 1,150 clients[13] Financial Performance and Growth - Clearwater Analytics experienced a 25% ARR CAGR from 2016 to Q1 2022[49] - The company maintains strong profitability with approximately 30% EBITDA margins[49] - Clearwater Analytics demonstrates high revenue retention rates, with a gross revenue retention rate of 98% and a net revenue retention rate of 107%[50] - Q1 2022 revenue reached $71 million, a 24% year-over-year increase[51] Market Opportunity and Growth Strategy - Clearwater Analytics operates in a global Total Addressable Market (TAM) exceeding $10 billion[42] - The company's core markets include asset management ($4.7 billion), insurance ($3.1 billion), and corporations ($1.3 billion)[43] - Europe represents 41% of the core TAM, presenting a significant growth opportunity[47]