WKWORKIVA INC
Services-Prepackaged Software
- Revenue
- $885M
- 20% YoY
- Operating margin
- -4.8%
- 54% YoY
- EBITDA
- −$31M
- 52% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$252M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired14% of revenueOver 10% of revenue
- Payouts exceed cash flowClear51% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear15% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $443M | $538M | $630M | $739M | $885M | 20% |
| Operating income | −$29M | −$89M | −$95M | −$77M | −$42M | 45% |
| Net income | −$38M | −$91M | −$128M | −$55M | −$26M | 52% |
| Operating cash flow | $50M | $11M | $71M | $88M | $140M | 60% |
| Capex | $4M | $3M | $2M | $1M | $2M | 52% |
| Stock-based comp | $49M | $71M | $99M | $102M | $123M | 20% |
| Buybacks | — | — | $0 | $0 | $72M |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 94 | 265 |
| FY2024 | — | — | 120 | 205 |
| FY2023 | — | — | 111 | 150 |
| FY2022 | — | — | 92 | 90 |
| FY2021 | — | — | 142 | 138 |