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BRZE - Braze, Inc.

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Braze, Inc.

BRZE

NASDAQ

Braze, Inc. operates a customer engagement platform that provides interactions between consumers and brands worldwide. It offers data ingestion products, such as Braze software development kits that automatically manage data ingestion and the delivery of mobile and web notifications, in-application/in-browser interstitial messages, and content cards, as well as can be integrated into a range of digital interfaces and application development frameworks; REST API that can be used to import or export data or to trigger workflows between Braze and brands' existing technology stacks; and partner cohort syncing, which allow brands to sync user cohorts from partners. The company also offers classification products, including segmentation that can define reusable segments of consumers based upon attributes, events, or predictive propensity scores; segment insights, which allows customers to analyze how segments are performing relative to each other across a set of pre-selected key performance indicators, and helps to understand the factors that determine which consumers belong to a particular segment; and predictive suite that allows customers to identify groups of consumers that are of critical business value. In addition, it provides personalization and action products; and orchestration products, which include Canvas, an orchestration tool that allows customers to create journeys, mapping out multi-steps, and cross-channel messaging experiences, which include onboarding flows, nurture campaigns, win-back strategies, and others; campaigns, which allow customers to send one set of single-channel or multi-channel messages to be delivered to customers in a particular user segment; event and API triggering; frequency capping and rate limiting; intelligent selection; and reporting and analytics. The company was formerly known as Appboy, Inc. and changed its name to Braze, Inc. in November 2017. Braze, Inc. was incorporated in 2011 and is headquartered in New York, New York.

30.79 USD

-2.11 (-6.85%)

Operating Data

Year

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

Revenue

150.19M

238.03M

355.43M

471.8M

593.41M

840.15M

1.19B

1.68B

2.38B

3.38B

Revenue %

-

58.49

49.32

32.74

25.78

41.58

41.58

41.58

41.58

Ebitda

-30.56M

-75.56M

-143.52M

-137.73M

-122.16M

-239.02M

-338.41M

-479.13M

-678.35M

-960.42M

Ebitda %

-20.35

-31.74

-40.38

-29.19

-20.59

-28.45

-28.45

-28.45

-28.45

Ebit

-32.15M

-78.33M

-148.14M

-144.69M

-122.16M

-247.42M

-350.3M

-495.96M

-702.19M

-994.16M

Ebit %

-21.41

-32.91

-41.68

-30.67

-20.59

-29.45

-29.45

-29.45

-29.45

Depreciation

1.59M

2.77M

4.62M

6.96M

-

8.4M

11.89M

16.83M

23.83M

33.74M

Depreciation %

1.06

1.16

1.3

1.48

-

1

1

1

1

Balance Sheet

Year

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

Total Cash

86.51M

514.09M

478.67M

476.13M

513.52M

746.29M

1.06B

1.5B

2.12B

3B

Total Cash %

57.6

215.97

134.68

100.92

86.54

88.83

88.83

88.83

88.83

Receivables

34.77M

64.5M

78.34M

97.29M

101.96M

184.99M

261.91M

370.82M

525M

743.3M

Receivables %

23.15

27.1

22.04

20.62

17.18

22.02

22.02

22.02

22.02

Inventories

9.91M

24.9M

-

-

-

28.66M

40.58M

57.45M

81.34M

115.16M

Inventories %

6.6

10.46

-

-

-

3.41

3.41

3.41

3.41

Payable

439k

2.08M

3.1M

6.32M

2.15M

6.29M

8.9M

12.6M

17.84M

25.26M

Payable %

0.29

0.88

0.87

1.34

0.36

0.75

0.75

0.75

0.75

Cap Ex

-4.35M

-4.38M

-16.7M

-9.76M

-13.23M

-23.08M

-32.67M

-46.26M

-65.5M

-92.73M

Cap Ex %

-2.9

-1.84

-4.7

-2.07

-2.23

-2.75

-2.75

-2.75

-2.75

Weighted Average Cost Of Capital

Price

30.79

Beta

Diluted Shares Outstanding

102.19M

Costof Debt

4.06

Tax Rate

After Tax Cost Of Debt

4.06

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

87.44M

Total Equity

3.15B

Total Capital

3.23B

Debt Weighting

2.7

Equity Weighting

97.3

Wacc

9.26

Build Up Free Cash Flow

Year

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

Revenue

150.19M

238.03M

355.43M

471.8M

593.41M

840.15M

1.19B

1.68B

2.38B

3.38B

Ebitda

-30.56M

-75.56M

-143.52M

-137.73M

-122.16M

-239.02M

-338.41M

-479.13M

-678.35M

-960.42M

Ebit

-32.15M

-78.33M

-148.14M

-144.69M

-122.16M

-247.42M

-350.3M

-495.96M

-702.19M

-994.16M

Tax Rate

-3.12

-3.12

-3.12

-3.12

-3.12

-3.12

-3.12

-3.12

-3.12

-3.12

Ebiat

-32.7M

-78.17M

-148.76M

-145.47M

-125.97M

-247.32M

-350.16M

-495.75M

-701.89M

-993.74M

Depreciation

1.59M

2.77M

4.62M

6.96M

-

8.4M

11.89M

16.83M

23.83M

33.74M

Receivables

34.77M

64.5M

78.34M

97.29M

101.96M

184.99M

261.91M

370.82M

525M

743.3M

Inventories

9.91M

24.9M

-

-

-

28.66M

40.58M

57.45M

81.34M

115.16M

Payable

439k

2.08M

3.1M

6.32M

2.15M

6.29M

8.9M

12.6M

17.84M

25.26M

Cap Ex

-4.35M

-4.38M

-16.7M

-9.76M

-13.23M

-23.08M

-32.67M

-46.26M

-65.5M

-92.73M

Ufcf

-79.7M

-122.85M

-148.76M

-164M

-148.05M

-369.55M

-457.16M

-647.25M

-916.39M

-1.3B

Wacc

9.26

9.26

9.26

9.26

9.26

Pv Ufcf

-338.23M

-382.96M

-496.24M

-643.03M

-833.25M

Sum Pv Ufcf

-2.69B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

9.26

Free Cash Flow T1

-1.32B

Terminal Value

-18.23B

Present Terminal Value

-11.71B

Intrinsic Value

Enterprise Value

-14.4B

Net Debt

4.38M

Equity Value

-14.41B

Diluted Shares Outstanding

102.19M

Equity Value Per Share

-141

Projected DCF

-141 1.218%

DCF Levered

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