Tenable Holdings (TENB) Financials

Tenable Holdings Inc (TENB) is a leading cybersecurity company that provides solutions to help organizations secure their digital assets and reduce cybersecurity risks. The company offers a comprehensive suite of products and services, including vulnerability management, threat intelligence, and compliance monitoring. With its innovative technology and strong customer base, Tenable has experienced significant growth in recent years.

Looking at Tenable's financials, the company has shown impressive performance. In terms of income statement, Tenable has consistently achieved strong revenue growth. The total revenue for the fiscal year ending December 31, 2020, was $427.7 million, representing a year-over-year increase of 22%. This growth can be attributed to the increasing demand for cybersecurity solutions and Tenable's ability to deliver value to its customers.

When it comes to profitability, Tenable has demonstrated a solid financial performance. The gross profit for the fiscal year ending December 31, 2020, was $334.2 million, with a gross margin of 78%. This indicates that the company is able to generate significant revenue from its operations while effectively managing its costs. Furthermore, Tenable's net income from stockholders for the same period was $12.1 million, reflecting its ability to generate profits for its shareholders.

In terms of financial position, Tenable has a strong balance sheet. The company's total assets as of December 31, 2020, amounted to $1.01 billion, with stockholders' equity of $442.9 million. This indicates that Tenable has a solid foundation and is well-capitalized to support its operations and future growth initiatives. Additionally, the company has a manageable level of total debt, which stood at $179.2 million at the end of 2020.

When it comes to cash flow, Tenable has consistently generated positive operating cash flow. The operating cash flow for the fiscal year ending December 31, 2020, was $67.9 million, reflecting the company's ability to generate cash from its core operations. Tenable's cash equivalent balance was $145.8 million at the end of 2020, providing the company with liquidity to fund its operations and invest in growth opportunities.

In terms of financing and investing activities, Tenable has generated positive financing cash flow and investing cash flow. The financing cash flow for the fiscal year ending December 31, 2020, was $42.5 million, mainly driven by proceeds from the issuance of common stock. The investing cash flow for the same period was $8.2 million, primarily driven by capital expenditures and acquisitions.

Overall, Tenable Holdings Inc (TENB) has demonstrated strong financial performance and solid financial position. With its innovative cybersecurity solutions and growing market demand, the company is well-positioned for continued growth and success in the future.