Business
Amplitude Announces Fourth Quarter and Fiscal Year 2022 Financial Results
Fourth quarter revenue of $65.3 million, up 32% year-over-year Fiscal 2022 revenue of $238.1 million, up 42% year-over-year Current Remaining Performance
About this update from Amplitude, Inc.
[{"type":"text","content":"\n\nFourth quarter revenue of $65.3 million, up 32% year-over-year\n\n\nFiscal 2022 revenue of $238.1 million, up 42% year-over-year\n\n\nCurrent Remaining Performance Obligations of $190.6 million, up 39% year-over-year\n\n\n SAN FRANCISCO--(BUSINESS WIRE)--\nAmplitude, Inc. (Nasdaq: AMPL), a leading digital analytics platform, today announced financial results for its fourth quarter and fiscal year ended December 31, 2022.\n\n“Amplitude helps companies unlock the power of their products, and we guide them every step of the way,” said Spenser Skates, CEO and co-founder of Amplitude. “We had a strong finish to the year, ending with 480 customers paying more than $100,000 in annual recurring revenue. By raising the bar for execution and investing in our product for the long term, we’ll be well positioned to drive durable growth in a category where the opportunity is just beginning to unfold.”\n\nFourth Quarter 2022 Financial Highlights:\n(in millions, except per share and percentage amounts)\n\n\n\n \n\n\n\n\nFourth\nQuarter\n2022\n\n\n\n\nFourth\nQuarter\n2021\n\n\n\n\nY/Y Change\n\n\n\n\n\nRevenue\n\n\n\n\n$65.3\n\n\n\n \n\n\n\n$49.4\n\n\n\n \n\n\n\n32%\n\n\n\n\n\nRemaining Performance Obligations\n\n\n\n\n$248.2\n\n\n\n \n\n\n\n$170.1\n\n\n\n \n\n\n\n46%\n\n\n\n\n\nCurrent Remaining Performance Obligations\n\n\n\n\n$190.6\n\n\n\n \n\n\n\n$137.3\n\n\n\n \n\n\n\n39%\n\n\n\n\n\nGAAP Loss from Operations\n\n\n\n\n$(25.8)\n\n\n\n \n\n\n\n$(21.5)\n\n\n\n \n\n\n\n$(4.3)\n\n\n\n\n\nNon-GAAP Loss from Operations\n\n\n\n\n$(4.7)\n\n\n\n \n\n\n\n$(5.0)\n\n\n\n \n\n\n\n$0.3\n\n\n\n\n\nGAAP Net Loss Per Share\n\n\n\n\n$(0.21)\n\n\n\n \n\n\n\n$(0.20)\n\n\n\n \n\n\n\n$(0.01)\n\n\n\n\n\nNon-GAAP Net Loss Per Share\n\n\n\n\n$(0.03)\n\n\n\n \n\n\n\n$(0.05)\n\n\n\n \n\n\n\n$0.02\n\n\n\n\n\nNet Cash Used in Operating Activities\n\n\n\n\n$(4.6)\n\n\n\n \n\n\n\n$(11.1)\n\n\n\n \n\n\n\n$6.5\n\n\n\n\n\nFree Cash Flow\n\n\n\n\n$(5.9)\n\n\n\n \n\n\n\n$(12.2)\n\n\n\n \n\n\n\n$6.3\n\n\n\n\nFiscal Year 2022 Financial Highlights:\n(in millions, except per share and percentage amounts)\n\n\n\n \n\n\n\n\nFY 2022\n\n\n\n\nFY 2021\n\n\n\n\nY/Y Change\n\n\n\n\n\nRevenue\n\n\n\n\n$238.1\n\n\n\n \n\n\n\n$167.3\n\n\n\n \n\n\n\n42%\n\n\n\n\n\nRemaining Performance Obligations\n\n\n\n\n$248.2\n\n\n\n \n\n\n\n$170.1\n\n\n\n \n\n\n\n46%\n\n\n\n\n\nCurrent Remaining Pe...