Freshworks Inc.FRSH

Market cap

$3.7B

P/E ratio

	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	748	304	488	620
Marketable securities	-	-	700	450
Accounts receivable, net of allowance of $8,885 and $8,562	52	70	97	123
Deferred contract acquisition costs	15	20	23	26
Prepaid expenses and other current assets	31	39	48	46
Total current assets	1,421	1,277	1,356	1,265
Property and equipment, net	21	24	23	26
Operating lease right-of-use assets	-	33	33	37
Capitalized Contract Cost, Net, Noncurrent	15	20	20	23
Goodwill	6	6	6	147
Intangible assets, net	2	0	-	91
Deferred tax assets	6	9	10	8
Other assets	11	11	10	15
Total assets	1,483	1,380	1,457	1,612
Accounts payable	6	6	3	2
Accrued liabilities	56	59	57	82
Deferred revenue	160	206	266	323
Income tax payable	1	1	1	1
Total current liabilities	223	272	327	408
Operating Lease, Liability, Noncurrent	-	28	27	30
Other liabilities	21	29	31	36
Total liabilities	245	328	385	474
Class A Common Stock	-	0	0	0
Class B Common Stock	0	0	0	0
Additional paid-in capital	4,510	4,562	4,714	4,874
Accumulated other comprehensive loss	-1	-7	-1	-0
Accumulated deficit	-3,271	-3,503	-3,641	-3,736
Total stockholders' equity	1,238	1,052	1,072	1,138
Total liabilities and stockholders' equity	1,483	1,380	1,457	1,612