Financials DocuSign, Inc.

Equities

DOCU

US2561631068

Software

Market Closed - Nasdaq Other stock markets 16:00:00 2024-09-06 EDT			5-day change	1st Jan Change
59.19 ^USD	+3.97%		-0.03%	-0.44%

09-06	Equity Markets Slump After Weak Jobs Report	MT
09-06	Weak Jobs Report Weighs on Equity Markets	MT

Projected Income Statement: DocuSign, Inc.

Fiscal Period: Januar	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	974	1,453	2,107	2,516	2,762	2,947	3,119	3,375
Change	-	49.19%	45.02%	19.4%	9.78%	6.71%	5.84%	8.19%
EBITDA ¹	97.51	226.1	476.2	582.4	787.1	958.7	1,064	1,183
Change	-	131.88%	110.62%	22.29%	35.14%	21.81%	10.98%	11.15%
EBIT ¹	47.33	180.6	419.1	516.8	711.4	863.7	921	1,057
Change	-	281.65%	132.01%	23.32%	37.64%	21.41%	6.64%	14.81%
Interest Paid	-29.25	-30.8	-6.443	-6.389	-6.844	-	-2.1	-1.5
Earnings before Tax (EBT) ¹	-203.6	-229.5	-66.91	-89.88	93.68	234.1	277	439.4
Change	-	12.74%	-70.84%	34.32%	-	149.85%	18.35%	58.62%
Net income ¹	-208.4	-243.3	-69.98	-97.45	73.98	1,005	241.2	286.9
Change	-	16.75%	-71.23%	39.27%	-	1,258.64%	-76%	18.94%
Announcement Date	3/12/20	3/11/21	3/10/22	3/9/23	3/7/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: January	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2
Net sales ¹	249.5	274.9	297	342.2	382.9	430.9	469.1	511.8	545.5	580.8	588.7	622.2	645.5	659.6	661.4	687.7	700.4	712.4	709.6	736	745.3	755.9	751.7	775.6	787.1	800.6	831.2	854.5
Change	-	10.18%	8.05%	15.22%	11.9%	12.53%	8.86%	9.12%	6.57%	6.48%	1.35%	5.69%	3.74%	2.19%	0.27%	3.98%	1.85%	1.71%	-0.39%	3.72%	1.26%	1.43%	-0.56%	3.18%	1.47%	1.72%	3.82%	2.8%
EBITDA ¹	29.54	34.03	37.24	44.26	61.22	87.65	119.8	114	136.4	119	117.9	128.3	163.5	172.8	193.6	190.2	206	197.3	226.6	258	245.6	237.2	254.2	270.7	304.4	273.6	277.7	288.5
Change	-	15.2%	9.41%	18.86%	38.33%	43.17%	36.65%	-4.82%	19.6%	-12.72%	-0.93%	8.8%	27.44%	5.7%	12.04%	-1.77%	8.35%	-4.26%	14.87%	13.86%	-4.82%	-3.41%	7.17%	6.51%	12.44%	-10.11%	1.48%	3.92%
EBIT ¹	16.89	20.77	23.2	33.74	49.1	74.6	93.21	99.71	122.2	103.9	102.2	112.2	147.1	155.5	175.8	169.9	187.4	178.3	202.1	237.2	217	207.4	215.7	231.9	236.5	240.3	254	260
Change	-	22.97%	11.71%	45.43%	45.53%	51.94%	24.94%	6.97%	22.52%	-14.97%	-1.6%	9.75%	31.1%	5.72%	13.06%	-3.35%	10.32%	-4.85%	13.33%	17.35%	-8.51%	-4.41%	4%	7.5%	2%	1.59%	5.71%	2.35%
Charge d'intérêts ¹	-7.364	-7.461	-7.56	-7.684	-7.769	-7.786	-1.672	-1.669	-1.485	-1.617	-1.649	-1.632	-1.456	-1.652	-1.966	-1.592	-1.577	-1.709	-0.144	-0.544	-0.5	-0.5	-0.5	-0.5	-0.5	-0.5	-0.5	-0.5
Earnings before Tax (EBT) ¹	-45.56	-46.16	-45.67	-63.72	-56.55	-63.55	-6.372	-25.34	-5.783	-29.42	-25.52	-41.72	-28.07	5.43	5.628	22.48	35.83	29.74	36.59	71.89	69.21	56.36	49.85	86.26	82.18	83.42	-	-
Change	-	1.31%	-1.05%	39.52%	-11.25%	12.38%	-89.97%	297.72%	-77.18%	408.66%	-13.23%	63.44%	-32.72%	-	3.65%	299.34%	59.44%	-17%	23.03%	96.45%	-3.72%	-18.56%	-11.55%	73.03%	-4.73%	1.51%	-100%	-
Net income ¹	-46.6	-47.41	-47.8	-64.56	-58.49	-72.41	-8.354	-25.5	-5.676	-30.44	-27.37	-45.08	-29.87	4.863	0.539	7.395	38.8	27.24	33.76	888.2	39.2	34.79	48.66	56.11	62.19	63.56	45.66	45.19
Change	-	1.74%	0.84%	35.05%	-9.4%	23.8%	-88.46%	205.25%	-77.74%	436.38%	-10.09%	64.68%	-33.75%	-	-88.92%	1,271.99%	424.75%	-29.8%	23.93%	2,530.96%	-95.59%	-11.26%	39.88%	15.31%	10.84%	2.2%	-28.16%	-1.03%
Announcement Date	12/5/19	3/12/20	6/4/20	9/3/20	12/3/20	3/11/21	6/3/21	9/2/21	12/2/21	3/10/22	6/9/22	9/8/22	12/8/22	3/9/23	6/8/23	9/7/23	12/7/23	3/7/24	6/6/24	9/5/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: DocuSign, Inc.

Fiscal Period: January	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-431	-774	-84.3	-495	-1,167	-1,265	-2,231	-2,771
Change	-	-279.58%	-110.89%	-687.19%	-335.76%	-208.36%	-276.36%	-224.2%
Announcement Date	3/12/20	3/11/21	3/10/22	3/9/23	3/7/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: DocuSign, Inc.

Fiscal Period: January	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	72.05	82.4	61.4	77.65	92.39	90.78	96.81	104.2
Change	-	14.36%	-25.49%	26.48%	18.98%	-1.75%	6.65%	7.62%
Free Cash Flow (FCF) ¹	43.65	214.6	445.1	429.1	887.1	840.3	925.5	953.4
Change	-	391.54%	107.44%	-3.59%	106.74%	-5.28%	10.14%	3.01%
Announcement Date	3/12/20	3/11/21	3/10/22	3/9/23	3/7/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: DocuSign, Inc.

Fiscal Period: January	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	10.01%	15.56%	22.6%	23.15%	28.5%	32.53%	34.11%	35.04%
EBIT Margin (%)	4.86%	12.43%	19.89%	20.54%	25.76%	29.31%	29.53%	31.33%
EBT Margin (%)	-20.9%	-15.79%	-3.18%	-3.57%	3.39%	7.94%	8.88%	13.02%
Net margin (%)	-21.39%	-16.74%	-3.32%	-3.87%	2.68%	34.11%	7.73%	8.5%
FCF margin (%)	4.48%	14.77%	21.12%	17.06%	32.12%	28.51%	29.67%	28.25%
FCF / Net Income (%)	-20.95%	-88.2%	-636.03%	-440.32%	1,199.16%	83.6%	383.75%	332.36%
Profitability
ROA	3.36%	8.62%	16.85%	15.09%	20.82%	20.43%	16.88%	-
ROE	10.14%	41.8%	136.66%	93.85%	71.31%	42%	32.92%	22.88%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	7.4%	5.67%	2.91%	3.09%	3.35%	3.08%	3.1%	3.09%
CAPEX / EBITDA (%)	73.88%	36.44%	12.89%	13.33%	11.74%	9.47%	9.1%	8.81%
CAPEX / FCF (%)	165.05%	38.4%	13.79%	18.1%	10.41%	10.8%	10.46%	10.93%
Items per share
Cash flow per share ¹	0.6547	-	2.575	2.522	4.688	4.48	4.586	4.525
Change	-	-	-	-2.05%	85.85%	-4.44%	2.38%	-1.33%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	3.011	1.726	1.386	3.073	-	11.04	15.79	20.75
Change	-	-42.67%	-19.73%	121.75%	-	-	42.94%	31.43%
EPS ¹	-1.18	-1.31	-0.36	-0.49	0.36	4.854	1.098	1.498
Change	-	11.02%	-72.52%	36.11%	-173.47%	1,248.33%	-77.38%	36.44%
Nbr of stocks (in thousands)	179,455	191,257	197,877	201,074	203,916	202,947	202,947	202,947
Announcement Date	3/12/20	3/11/21	3/10/22	3/9/23	3/7/24	-	-	-