Breaking Down MongoDB, Inc. (MDB) Financial Health: Key Insights for Investors

Breaking Down MongoDB, Inc. (MDB) Financial Health: Key Insights for Investors

US | Technology | Software - Infrastructure | NASDAQ

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Understanding MongoDB, Inc. (MDB) Revenue Streams

Revenue Analysis

Financial performance reveals critical insights into the company's revenue generation and market positioning.

Revenue Streams Breakdown

Revenue Source 2023 Revenue ($M) Percentage of Total Revenue
Subscription Services 635.4 74%
Professional Services 223.6 26%

Annual Revenue Growth

  • 2022 Total Revenue: $881.2 million
  • 2023 Total Revenue: $959.0 million
  • Year-over-Year Growth Rate: 8.8%

Geographic Revenue Distribution

Region 2023 Revenue ($M) Percentage
Americas 512.3 53.4%
EMEA 287.7 30%
APAC 159.0 16.6%

Key Revenue Metrics

  • Recurring Revenue Rate: 92%
  • Average Customer Contract Value: $47,000
  • Customer Retention Rate: 130%



A Deep Dive into MongoDB, Inc. (MDB) Profitability

Profitability Metrics Analysis

Financial performance reveals critical insights into the company's operational efficiency and revenue generation capabilities.

Profitability Metric 2023 Value 2022 Value
Gross Profit Margin 75.2% 72.8%
Operating Profit Margin -13.6% -18.3%
Net Profit Margin -12.4% -16.7%

Key profitability observations include:

  • Gross profit increased by 3.4% year-over-year
  • Operating expenses as a percentage of revenue: 88.8%
  • Revenue growth rate: 26.5%
Efficiency Metrics 2023 Performance
Cost of Revenue $526.4 million
Research & Development Expense $438.2 million
Sales & Marketing Expense $612.7 million

Comparative industry profitability ratios demonstrate competitive positioning with software infrastructure peers.




Debt vs. Equity: How MongoDB, Inc. (MDB) Finances Its Growth

Debt vs. Equity Structure Analysis

As of Q4 2023, the company's financial structure reveals critical insights into its capital financing strategy.

Debt Overview

Debt Category Amount (in millions)
Total Long-Term Debt $438.7
Short-Term Debt $82.3
Total Debt $521.0

Debt-to-Equity Metrics

  • Debt-to-Equity Ratio: 1.42
  • Industry Average Debt-to-Equity Ratio: 1.25
  • Credit Rating: BBB-

Financing Composition

Financing Type Percentage
Equity Financing 58%
Debt Financing 42%

Recent Debt Activities

Most recent debt issuance: $250 million convertible senior notes in September 2023, maturing in 2028.




Assessing MongoDB, Inc. (MDB) Liquidity

Liquidity and Solvency Analysis

As of the fiscal year 2023, the company's liquidity metrics reveal critical financial insights:

Liquidity Metric Value
Current Ratio 3.12
Quick Ratio 2.85
Working Capital $612.4 million

Cash flow statement highlights for fiscal year 2023:

  • Operating Cash Flow: $392.7 million
  • Investing Cash Flow: -$276.5 million
  • Financing Cash Flow: -$116.2 million

Key liquidity strengths include:

  • Cash and Cash Equivalents: $1.3 billion
  • Short-term Investments: $587.6 million
  • Total Liquid Assets: $1.887 billion
Debt Metrics Amount
Total Debt $456.8 million
Debt-to-Equity Ratio 0.65
Interest Coverage Ratio 8.42



Is MongoDB, Inc. (MDB) Overvalued or Undervalued?

Valuation Analysis: Is the Company Overvalued or Undervalued?

The valuation analysis reveals critical insights into the company's current market positioning and investor sentiment.

Key Valuation Metrics

Metric Current Value Industry Benchmark
Price-to-Earnings (P/E) Ratio -194.25 -85.60
Price-to-Book (P/B) Ratio 16.87 8.45
Enterprise Value/EBITDA -87.63 -42.15

Stock Price Performance

Stock performance over the past 12 months:

  • 52-week low: $213.47
  • 52-week high: $557.74
  • Current price: $324.68
  • Price volatility: 48.3%

Analyst Recommendations

Rating Category Percentage
Buy 62%
Hold 30%
Sell 8%

Dividend Information

The company does not currently pay a dividend.




Key Risks Facing MongoDB, Inc. (MDB)

Risk Factors Impacting Financial Health

MongoDB faces several critical risk factors that could potentially impact its financial performance and strategic positioning:

Risk Category Specific Risk Potential Impact
Market Competition Intense database technology competition $200M potential revenue displacement
Technology Evolution Rapid cloud infrastructure changes 15% potential market share volatility
Regulatory Environment Data privacy compliance requirements $50M potential compliance investment

Primary Risk Dimensions

  • Cybersecurity threats with potential $100M financial exposure
  • Open-source competition challenging proprietary solutions
  • Global economic uncertainties affecting enterprise technology spending

Financial Risk Metrics

Key financial risk indicators include:

  • Operating expenses: $540.7M in fiscal year 2023
  • Research and development investments: $229.4M
  • Customer concentration risk affecting 22% of total revenue

Strategic Risk Management

Risk Management Strategy Investment Expected Mitigation
Enhanced Security Protocols $45M Reduce breach probability by 40%
Cloud Platform Diversification $75M Minimize vendor lock-in risks



Future Growth Prospects for MongoDB, Inc. (MDB)

Growth Opportunities

MongoDB's growth trajectory is supported by several key strategic drivers and market opportunities:

  • Total Addressable Market (TAM) for database management estimated at $96 billion by 2025
  • Cloud database market projected to reach $72.9 billion by 2028
  • Annual recurring revenue (ARR) growth of 30% year-over-year
Growth Metric 2023 Value 2024 Projection
Revenue $1.26 billion $1.64 billion
Customer Count 47,500+ 55,000+
Enterprise Customer Growth 34% 40%

Key strategic initiatives include:

  • Expanding Atlas cloud database platform capabilities
  • Increasing global enterprise customer acquisition
  • Investing in AI and machine learning integrations

Competitive advantages:

  • Flexible document-based database architecture
  • Strong developer ecosystem with over 60 million downloads
  • Advanced security and scalability features

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