Asana

Asana

Financials

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues227m378m547m653m723m827m962m
% growth59 %67 %45 %19 %11 %14 %16 %
EBITDA(171m)(257m)(388m)(235m)(40.1m)2.2m57.4m
% EBITDA margin(75 %)(68 %)(71 %)(36 %)(6 %)-6 %
Profit(212m)(288m)(408m)(257m)(268m)(254m)(261m)
% profit margin(93 %)(76 %)(75 %)(39 %)(37 %)(31 %)(27 %)
EV / revenue24.8x25.1x5.1x5.2x3.8x3.3x2.8x
EV / EBITDA-33.0x-37.0x-7.3x-14.5x-68.3x1221.7x46.1x
R&D budget121m203m297m325m---
R&D % of revenue53 %54 %54 %50 %---
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Recent News about Asana

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More about Asanainfo icon
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Asana is a digital platform designed to enhance productivity and efficiency across organizations. It operates in the work management software market, serving a broad range of clients from small businesses to large corporations. The platform allows teams to organize, assign, and manage tasks, helping them to prioritize work and meet deadlines. It provides a clear view of what needs to be done, who is responsible, and when the work is due. This clarity helps teams to work together more effectively and deliver quality work faster.

Asana's business model is based on a subscription service. Customers pay a monthly or annual fee to access the platform's features, which include task management, project planning, and real-time insights into progress. The platform also offers more than 200 integrations with other popular work tools, making it a flexible solution that can adapt to a company's existing workflows.

In addition to its core features, Asana provides tailored support to help teams migrate existing data and adopt the platform. This customer-centric approach, combined with its robust functionality, has earned Asana a leading position in the work management software industry.

In terms of revenue generation, Asana primarily makes money from its subscription fees. The company also offers premium features at additional costs, providing another stream of income.

Keywords: Work Management, Task Organization, Project Planning, Real-Time Insights, Subscription Service, Data Migration, Software Integration, Efficiency, Productivity, Collaboration.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.