Free cash flow also went from negative to a healthy positive $496 million last year. Interestingly, while it's well known that the stock is now down over 40% from when it hit public markets, its market cap is actually down only about 32% from the IPO to $47 billion. In the recently wrapped fiscal year, Snowflake doled out $862 million of stock-based comp, worth 1.8% of the current market cap. Read More...
Free cash flow also went from negative to a healthy positive $496 million last year. Interestingly, while it’s well known that the stock is now down over 40% from when it hit public markets, its market cap is actually down only about 32% from the IPO to $47 billion. In the recently wrapped fiscal year, Snowflake doled out $862 million of stock-based comp, worth 1.8% of the current market cap.
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