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**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