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**Company Overview**
* **Name:** SendPlus
* **Stock Symbol:** SEND
* **Industry:** Software-as-a-Service (SaaS)
* **Headquarters:** San Francisco, California
**Business Description**
SendPlus is a leading provider of email marketing and automation software for businesses of all sizes. Its platform enables users to create, send, and track email campaigns, automate email sequences, and segment their audience for targeted marketing.
**Financial Performance**
* **Revenue:** $100.6 million in 2022, up 25% year-over-year
* **Net Income:** $15.2 million in 2022, up 30% year-over-year
* **Earnings Per Share (EPS):** $0.56 in 2022, up 28% year-over-year
**Growth Drivers**
* **Increasing adoption of email marketing:** Email remains a highly effective marketing channel, and SendPlus is well-positioned to capitalize on this trend.
* **Expansion into new markets:** SendPlus is expanding internationally and targeting new industries, such as healthcare and education.
* **Product innovation:** The company is continuously investing in new features and functionality to enhance its platform.
**Key Metrics**
* **Monthly Recurring Revenue (MRR):** $7.5 million in Q4 2022, up 24% year-over-year
* **Customer Count:** Over 50,000 businesses worldwide
* **Customer Retention Rate:** 95%
**Valuation**
* **Market Capitalization:** $1.2 billion as of March 8, 2023
* **Price-to-Sales (P/S) Ratio:** 12x
* **Price-to-Earnings (P/E) Ratio:** 21x
**Analyst Recommendations**
* **Buy:** 5 analysts
* **Hold:** 2 analysts
* **Sell:** 0 analysts
**Conclusion**
SendPlus is a rapidly growing company in the high-growth email marketing software market. Its strong financial performance, growth drivers, and key metrics suggest that it is well-positioned to continue its success in the future.