Vmbook Online ordering

Icons

**Company Information**

**Name:** Box, Inc.

**Ticker Symbol:** BOX

**Exchange:** New York Stock Exchange (NYSE)

**Business Overview**

Box, Inc. is a cloud-based content management and collaboration platform provider. It offers a suite of services that enable businesses to securely store, manage, and share files, collaborate on projects, and access their data from anywhere.

**Financial Performance**

* **Revenue:** $865.8 million (fiscal year ended January 31, 2023)

* **Net income:** $13.8 million (fiscal year ended January 31, 2023)

* **Earnings per share (EPS):** $0.15 (fiscal year ended January 31, 2023)

**Growth Metrics**

* **Revenue growth:** 14% year-over-year (fiscal year ended January 31, 2023)

* **Customer growth:** Added 1,000 new paying customers in fiscal year 2023

* **Annual recurring revenue (ARR):** $1.08 billion (as of January 31, 2023)

**Key Business Highlights**

* **Strong customer base:** Over 100,000 paying customers, including Fortune 500 companies

* **Product innovation:** Continuously developing new features and integrations to enhance the platform

* **Partnerships:** Collaborations with leading technology companies, such as Microsoft, Google, and Salesforce

* **International expansion:** Expanding into new markets, such as Europe and Asia

**Investment Considerations**

* **Growth potential:** Strong revenue growth and customer acquisition indicate potential for continued expansion

* **Recurring revenue model:** ARR provides a stable and predictable revenue stream

* **Competition:** Faces competition from established players like Dropbox and Google Drive

* **Valuation:** Trading at a premium compared to peers, investors should consider the company's growth prospects and potential for margin expansion

    Icons box-fill