‫ایکومیټیکا کلاؤډ ERP بزنس په جنوبی ایشیا کښې تیزیږی۔

بزنس مینجمنټ سافټ ویئر کمپنی په APAC کښې زیاتیدونکی طلب پورا کولو د پاره ری سیلر نیټ ورک زیات کړی دے۔

رکلینډ، واش ،  سری لنکا, 31 اګست,2021/پی آر نیوز وائر/

دد نیا ټولو نه تیزی سرهزیتیدونکی کلاؤډ ERP کمپنی ایکومیټیکا په سری لنکا باندی توجہ مرکوز کولو سره د جنوبی ایشیا په علاقو کښې سپورټ چینلز له بہتر جوړولو او صارفینو د بہتر خدمت د پاره په غونډ ایشیا پیسیفک (APAC) کښې تیزی سره د توسیع اعلان وکړو۔https://mma.prnewswire.com/media/526275/Acumatica___Logo.jpg

د ایکومیټیکا مضبوط شراکت دار ماحولیاتی نظام او د ده بین الاقوامی افرادی قوت په ذریعه، په غونډ جنوبی ایشیا صارفینو تعیناتی او د پراډکټ فیچر اپ ډیټس سره سره د وخت حساس مسئلے حل د پاره په علاقائی تعاون کښې اضافے نه فائده اوچتوی۔

ایکومیټیکا کے سی ای او جون روسکل وینا وکړه، “موږ په سری لنکا کښې شراکت داری له مضبوط جوړولو او په جنوبی ایشیا کښې خپل بنیاد مظبوطولو د پاره پرجوشه یو۔”  “ایکومیټیکا یو عالمی کمپنی دا ، په کوم کښې غونډی دنیا نه شراکت دارانو او د ری سیلرز نیټ ورک دے ، کوم په ډیرو صنعتونو کښې صارفینو مدد کوی۔ په اے پی اے سی کښې زموږ مصنوعاتو د طلب واقعی موږ نه مزید سرمایہ کاری او د عزم مطالبہ کړی دا۔”

ایکومیټیکا څخه د وخت 50 نه زیات د علاقائی ټیم ارکان او تقریبا درجن فعال ری سیلرز دی کوم  پوره سری لنکا ، بنګلہ دیش او په مالدیپ کښې موجود دی۔  دا خرڅونکی بنیادی طور باندی تقسیم ، مینوفیکچرنګ او په تعمیراتی صنعتونو باندی توجہ ورکوی۔

ایکومیټیکا کښې د ایشیا ریجن ډائریکټر تھورسټن لیپیک وینا وکړه، “موږ په جنوبی ایشیا کښې خپل ابتدائی ایکومیټیکا شراکت دارانو د شراکت قدر کوو۔”  “د دی مہارت او مقامی تعلقات په ذریعه، موږ د ایکومیټیکا موبائل ، موافقت پذیر او موثر کلاؤډ ERP د حل په ضرورت کښې زیاتیدونکی کاروبار د کثرت حمایت کولے شو۔ هغی په خطے کښې زموږ د کامیابی مرکزی حصہ دی۔”

 آئی ډی سی مارکیټسکیپ: ایشیا/پیسفک سافټ ویئر-اے-اے-سروس او کلاؤډ اینبلډ مینوفیکچرنګ انټرپرائز ریسورس پلاننګ ایپلی کیشنز 2021 وینډر اسسمنټ

په حال کښې ایکومیټیکا له اے پی اے سی په مارکیټ کښې یو اہم کھلاړی و منلو۔  په رپورټ کښې د ایکومیټیکا منفرد کھپت باندی مبنی په لائسنسنګ ماډل باندی رنړا وچوله ، کوم ګاہکانو سره د هغی لین دین د حجم په بنیاد باندی وصولوی۔  IDC دا هم نوټ کوی چی د قیمتونو ډھانچہ نری ادارو له د انټرپرائز سافټ وئیر اخراجاتو په  آمدنی کښې د اضافه په مطابق خوندی کولو کښې مدد کوی۔

دا علاقائی توسیع په برطانیہ کښې د ایکومیټیکا لندن آفس افتتاح نه پس برطانیہ او د آئرلینډ صارفینو  بہتر خدمت د پاره دے۔ په 2008 کښې د ده قیام نه پس ، ایکومیټیکا بے مثال او د صنعت معروف ترقی تجربہ وکړه ، په کوم کښې عالمی سطح باندی نوی ګاہکانو ، شراکت دارانو ، ری سیلرانو او د کارپوریټ ټیم ارکان شامل کړی دی۔  ایکومیټیکا کمپنو له بنیادی عمل ډیجیټلائزیشن نه وړاندی وړی او دی له بالغ ، موثر او په منسلک کاروبار کښې بدلولو کښې مدد کوی۔

ایکومیټیکا په باره کښې

ایکومیټیکا کلاؤډ ERP ستاسو کمپنی له نوی ډیجیټل معیشت کښې د ترقی منازل طے کولو د پاره بہترین بزنس مینجمنټ حل فراہم کوی۔  د مستقبل پروف پلیټ فارم باندی کھلاو فن تعمیر سره  تیز رفتار انضمام ، سکیل ایبلټی او په استعمال کښې آسانی د پاره جوړ شوے دے ، ایکومیټیکا نری او درمیانه مارکیټ د تنظیمونو له بے مثال قیمت فراہم کوی۔  منسلک کاروبار۔  ورسیدو۔

لوګو: https://mma.prnewswire.com/media/526275/Acumatica___Logo.jpg

جنوبی ایشیا میں ایکومیٹکا کلاؤڈ ای آر پی بزنس میں تیزی

بزنس مینجمنٹ سافٹ ویئر کمپنی نے اے پی اے سی میں بڑھتی ہوئی مانگ کو پورا کرنے کے لئے ری سیلر نیٹ ورک میں اضافہ کردیا

کرک لینڈ، واش، 31 اگست 2021 /پی آر نیوز وائر/ – دنیا کی سب سے تیزی سے بڑھتی ہوئی کلاؤڈ ای آر پی کمپنی ایکومیٹکا نے سری لنکا پر توجہ مرکوز کرتے ہوئے سپورٹ چینلز کو بڑھانے اور جنوبی ایشیا کے خطے میں صارفین کی بہتر خدمت کے لئے ایشیا پیسیفک (اے پی اے سی) میں تیزی سے توسیع کا اعلان کیاhttps://mma.prnewswire.com/media/526275/Acumatica___Logo.jpg

ایکومیٹکا کے مضبوط شراکت دار ماحولیاتی نظام اور اس کی بین الاقوامی افرادی قوت کے ذریعے جنوبی ایشیا بھر کے صارفین تعیناتی اور مصنوعات کی فیچر اپ ڈیٹس کے لئے علاقائی معاونت میں اضافے کے ساتھ وقت کے لحاظ سے حساس ایشو ریزولوشن سے مستفید ہوں گے۔

ایکومیٹکا کے سی ای او جون روسکل نے کہا کہ ہم سری لنکا میں شراکت داری کو مضبوط بنا کر جنوبی ایشیا میں اپنی جڑیں مزید گہرا کرنے کے لئے پرجوش ہیں۔”ایکومیٹکا ایک عالمی کمپنی ہے، جس میں شراکت داروں اور ری سیلرز کا دنیا بھر میں نیٹ ورک ہے، جو مختلف صنعتوں میں صارفین کی مدد کرتا ہے۔اے پی اے سی میں ہماری مصنوعات کی مانگ نے واقعی ہم سے مزید سرمایہ کاری اور عزم کا مطالبہ کیا۔

ایکومیٹکا میں اس وقت علاقائی ٹیم کے 50 سے زائد ارکان اور ایک درجن کے قریب فعال ری سیلرز موجود ہیں جو پورے سری لنکا، بنگلہ دیش اور مالدیپ میں واقع ہیں۔ یہ ری سیلرز بنیادی طور پر تقسیم، مینوفیکچرنگ اور تعمیراتی صنعتوں پر توجہ مرکوز کرتے ہیں۔

ایکومیٹکا میں ایشیائی خطے کے ڈائریکٹر تھورسٹن لیپیک نے کہا کہ ہم جنوبی ایشیا میں اپنے ابتدائی دور کے ایکومیٹکا شراکت داروں کی شراکت داری کو خلوص نیت سے اہمیت دیتے ہیں۔ انہوں نے کہا کہ ان کی مہارت اور مقامی تعلقات کے ذریعے ہم ایکومیٹکا کے موبائل، موافق اور موثر کلاؤڈ ای آر پی حل کی ضرورت میں بڑھتے ہوئے کاروباروں کی کثرت کی حمایت کر سکتے ہیں۔ وہ خطے میں ہماری کامیابی کا مرکز ہیں۔

آئی ڈی سی مارکیٹ اسکیپ: ایشیا/ پیسیفک سافٹ ویئر بطور ایک سروس اور کلاؤڈ فعال مینوفیکچرنگ انٹرپرائز ریسورس پلاننگ ایپلی کیشنز 2021 وینڈر جانچ پڑتال
،حال ہی میں ایکومیٹکا کو اے پی اے سی مارکیٹ میں ایک اہم پلیئر قرار دیا گیا ہے۔ رپورٹ میں ایکومیٹکا کے منفرد کھپت پر مبنی لائسنسنگ ماڈل پر روشنی ڈالی گئی ہے جو گاہکوں سے ان کے لین دین کے حجم کی بنیاد پر چارج کرتا ہے۔آئی ڈی سی نے یہ بھی نوٹ کیا ہے کہ قیمتوں کا ڈھانچہ انٹرپرائز سافٹ ویئر کو آمدنی میں اضافے کے مطابق خرچ کرنے میں چھوٹی تنظیموں کی مدد کرتا ہے۔

یہ علاقائی توسیع برطانیہ میں ایکومیٹکا کے لندن دفتر کے افتتاح کے بعد کی گئی، 2008 میں اپنے قیام کے بعد سے، ایکومیٹکا نے غیر معمولی اور صنعت کی قیادت میں ترقی کا تجربہ کیا ہے، جس میں عالمی سطح پر نئے صارفین، شراکت دار، ری سیلرز اور کارپوریٹ ٹیم کے ارکان شامل ہوئے ہیں۔ایکومیٹکا کمپنیوں کو بنیادی ڈیجیٹلائزیشن کے عمل سے آگے لے جاتا ہے اور انہیں پختہ، موثر اور مربوط کاروباروں میں تبدیل کرنے میں مدد فراہم کرتا ہے۔

 

ایکومیٹکا کے بارے میں

ایکومیٹکا کلاؤڈ ای آر پی کے آپ کی کمپنی کو نئی ڈیجیٹل معیشت میں پھلنے پھولنے کے لئے تبدیل کرنے کے لئے بہترین کاروباری انتظامی حل فراہم کرتا ہے۔ تیزی سے انضمام، پیمائش اور استعمال میں آسانی کے لئے کھلے فن تعمیر کے ساتھ فیوچر پروف پلیٹ فارم پر تعمیر کیا گیا، ایکومیٹکا چھوٹی اور مِڈمارکیٹ تنظیموں کو بے مثال قدر فراہم کرتا ہے۔ Â مربوط کاروبار۔ فراہم کرتا ہے۔

لوگو: https://mma.prnewswire.com/media/526275/Acumatica___Logo.jpg

CORRECTION – Zoom Reports Financial Results for the Second Quarter of Fiscal Year 2022

  • Second quarter total revenue of $1,021.5 million, up 54% year over year
  • Number of customers contributing more than $100,000 in TTM revenue up 131% year over year
  • Second quarter GAAP operating margin of 28.8% and non-GAAP operating margin of 41.6%

SAN JOSE, Calif., Aug. 30, 2021 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) is updating this press release to include the “Amortization on marketable securities” line item in its condensed consolidated statements of cash flows. Complete corrected text follows.

Zoom Video Communications, Inc. (NASDAQ: ZM) today announced financial results for the second fiscal quarter ended July 31, 2021.

“In Q2, we achieved our first billion dollar revenue quarter while delivering strong profitability and cash flow,” said Zoom founder and CEO, Eric S. Yuan. “Q2 also marked several milestones on our expansion beyond the UC platform. We launched Zoom Apps, bringing over 50 apps directly into the Zoom experience, and Zoom Events, an all-in-one digital events service. Today we are a global brand counting over half a million customers with more than 10 employees, which we believe positions us extremely well to support organizations and individuals as they look to reimagine work, communications, and collaboration.”

Second Quarter Fiscal Year 2022 Financial Highlights:

  • Revenue: Total revenue for the second quarter was $1,021.5 million, up 54% year over year.
  • Income from Operations and Operating Margin: GAAP income from operations for the second quarter was $294.6 million, up from $188.1 million in the second quarter of fiscal year 2021. After adjusting for stock-based compensation expense and related payroll taxes, acquisition-related expenses, and expenses related to charitable donation of common stock, non-GAAP income from operations for the second quarter was $424.7 million, up from $277.0 million in the second quarter of fiscal year 2021. For the second quarter, GAAP operating margin was 28.8% and non-GAAP operating margin was 41.6%.
  • Net Income and Diluted Net Income Per Share: GAAP net income attributable to common stockholders for the second quarter was $316.9 million, or $1.04 per share, up from $185.7 million, or $0.63 per share in the second quarter of fiscal year 2021.Non-GAAP net income for the quarter was $415.1 million, after adjusting for stock-based compensation expense and related payroll taxes, acquisition-related expenses, gains on strategic investments, undistributed earnings attributable to participating securities, and expenses related to charitable donation of common stock. Non-GAAP net income per share was $1.36. In the second quarter of fiscal year 2021, non-GAAP net income was $274.8 million, or $0.92 per share.
  • Cash and Marketable Securities: Total cash, cash equivalents, and marketable securities, excluding restricted cash, as of July 31, 2021 was $5.1 billion.
  • Cash Flow: Net cash provided by operating activities was $468.0 million for the second quarter, compared to $401.3 million in the second quarter of fiscal year 2021. Free cash flow, which is net cash provided by operating activities less purchases of property and equipment, was $455.0 million, compared to $373.4 million in the second quarter of fiscal year 2021.

Customer Metrics: Drivers of total revenue included acquiring new customers and expanding across existing customers. At the end of the second quarter of fiscal year 2022, Zoom had:

  • 2,278 customers contributing more than $100,000 in trailing 12 months revenue, up approximately 131% from the same quarter last fiscal year.
  • Approximately 504,900 customers with more than 10 employees, up approximately 36% from the same quarter last fiscal year.
  • A trailing 12-month net dollar expansion rate in customers with more than 10 employees above 130% for the 13th consecutive quarter.

Financial Outlook: Zoom is providing the following guidance for its third quarter fiscal year 2022 and its full fiscal year 2022.

  • Third Quarter Fiscal Year 2022: Total revenue is expected to be between $1.015 billion and $1.020 billion and non-GAAP income from operations is expected to be between $340.0 million and $345.0 million. Non-GAAP diluted EPS is expected to be between $1.07 and $1.08 with approximately 309 million non-GAAP weighted average shares outstanding.
  • Full Fiscal Year 2022: Total revenue is expected to be between $4.005 billion and $4.015 billion. Non-GAAP income from operations is expected to be between $1.500 billion and $1.510 billion. Non-GAAP diluted EPS is expected to be between $4.75 and $4.79 with approximately 308 million non-GAAP weighted average shares outstanding.

Additional information on Zoom’s reported results, including a reconciliation of the non-GAAP results to their most comparable GAAP measures, is included in the financial tables below. A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty of expenses that may be incurred in the future, although it is important to note that these factors could be material to Zoom’s results computed in accordance with GAAP.

A supplemental financial presentation and other information can be accessed through Zoom’s investor relations website at investors.zoom.us.

Zoom Video Earnings Call
Zoom will host a Zoom Video Webinar for investors on August 30, 2021 at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to discuss the company’s financial results and business highlights. Investors are invited to join the Zoom Video Webinar by visiting: https://investors.zoom.us/

About Zoom
Zoom is for you. We help you express ideas, connect to others, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Forward-Looking Statements
This press release contains express and implied “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our financial outlook for the third quarter of fiscal year 2022 and full fiscal year 2022, Zoom’s growth strategy and business aspirations to support organizations and people on multiple fronts as they look to reimagine work, communications and collaboration. In some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “will,” “would,” “should,” “could,” “can,” “predict,” “potential,” “target,” “explore,” “continue,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. By their nature, these statements are subject to numerous uncertainties and risks, including factors beyond our control, that could cause actual results, performance or achievement to differ materially and adversely from those anticipated or implied in the statements, including: declines in new customers and hosts, renewals or upgrades, difficulties in evaluating our prospects and future results of operations given our limited operating history, competition from other providers of communications platforms, continued uncertainty regarding the extent and duration of the impact of COVID-19 and the responses of government and private industry thereto, including the potential effect on our user growth rate once the impact of the COVID-19 pandemic tapers, particularly as a vaccine becomes widely available, and users return to work or school or are otherwise no longer subject to shelter-in-place mandates, as well as the impact of COVID-19 on the overall economic environment, any or all of which will have an impact on demand for remote work solutions for businesses as well as overall distributed, face-to-face interactions and collaboration using Zoom, delays or outages in services from our co-located data centers, and failures in internet infrastructure or interference with broadband access which could cause current or potential users to believe that our systems are unreliable. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption “Risk Factors” and elsewhere in our most recent filings with the Securities and Exchange Commission (the “SEC”), including our quarterly report on Form 10-Q for the fiscal quarter ended April 30, 2021. Forward-looking statements speak only as of the date the statements are made and are based on information available to Zoom at the time those statements are made and/or management’s good faith belief as of that time with respect to future events.  Zoom assumes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law.

Non-GAAP Financial Measures
Zoom has provided in this press release financial information that has not been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). Zoom uses these non-GAAP financial measures internally in analyzing its financial results and believes that use of these non-GAAP financial measures is useful to investors as an additional tool to evaluate ongoing operating results and trends and in comparing Zoom’s financial results with other companies in its industry, many of which present similar non-GAAP financial measures.

Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with Zoom’s condensed consolidated financial statements prepared in accordance with GAAP. A reconciliation of Zoom’s historical non-GAAP financial measures to the most directly comparable GAAP measures has been provided in the financial statement tables included in this press release, and investors are encouraged to review the reconciliation.

Non-GAAP Income From Operations and Non-GAAP Operating Margins. Zoom defines non-GAAP income from operations as income from operations excluding stock-based compensation expense and related payroll taxes, expenses related to charitable donation of common stock, acquisition-related expenses, and litigation settlements, net. Zoom excludes stock-based compensation expense and expenses related to charitable donation of common stock because they are non-cash in nature and excluding these expenses provides meaningful supplemental information regarding Zoom’s operational performance and allows investors the ability to make more meaningful comparisons between Zoom’s operating results and those of other companies. Zoom excludes the amount of employer payroll taxes related to employee stock plans, which is a cash expense, in order for investors to see the full effect that excluding stock-based compensation expense had on Zoom’s operating results. In particular, this expense is dependent on the price of our common stock and other factors that are beyond our control and do not correlate to the operation of the business. Zoom views acquisition-related expenses when applicable, such as amortization of acquired intangible assets, transaction costs, and acquisition-related retention payments that are directly related to business combinations as events that are not necessarily reflective of operational performance during a period. Zoom excludes significant litigation settlements, net of amounts covered by insurance, that we deem not to be in the ordinary course of our business. In particular, Zoom believes the consideration of measures that exclude such expenses can assist in the comparison of operational performance in different periods which may or may not include such expenses and assist in the comparison with the results of other companies in the industry.

Non-GAAP Net Income and Non-GAAP Net Income Per Share, Basic and Diluted. Zoom defines non-GAAP net income and non-GAAP net income per share, basic and diluted, as GAAP net income attributable to common stockholders and GAAP net income per share attributable to common stockholders, basic and diluted, respectively, adjusted to exclude stock-based compensation expense and related payroll taxes, expenses related to charitable donation of common stock, acquisition-related expenses, litigation settlements, net, gains on strategic investments, and undistributed earnings attributable to participating securities. Zoom excludes gains on strategic investments because given the size and volatility in the ongoing adjustments to the valuation of our strategic investments, we believe that excluding these gains or losses facilitates a more meaningful evaluation of our operational performance. Zoom excludes undistributed earnings attributable to participating securities because they are considered by management to be outside of Zoom’s core operating results, and excluding them provides investors and management with greater visibility to the underlying performance of Zoom’s business operations, facilitates comparison of its results with other periods and may also facilitate comparison with the results of other companies in the industry.

In order to calculate non-GAAP net income per share, basic and diluted, Zoom uses a non-GAAP weighted-average share count. Zoom defines non-GAAP weighted-average shares used to compute non-GAAP net income per share, basic and diluted, as GAAP weighted average shares used to compute net income per share attributable to common stockholders, basic and diluted, adjusted to reflect the common stock issued in connection with the IPO, including the concurrent private placement, that are outstanding as of the end of the period as if they were outstanding as of the beginning of the period for comparability.

Free Cash Flow. Zoom defines free cash flow as GAAP net cash provided by operating activities less purchases of property and equipment. Zoom considers free cash flow to be a liquidity measure that provides useful information to management and investors regarding net cash provided by operating activities and cash used for investments in property and equipment required to maintain and grow the business.

Customer Metrics
Zoom defines a customer as a separate and distinct buying entity, which can be a single paid host or an organization of any size (including a distinct unit of an organization) that has multiple paid hosts.

Zoom calculates net dollar expansion rate as of a period end by starting with the annual recurring revenue (“ARR”) from all customers with more than 10 employees as of 12 months prior (“Prior Period ARR”). Zoom defines ARR as the annualized revenue run rate of subscription agreements from all customers at a point in time. We then calculate the ARR from these customers as of the current period end (“Current Period ARR”), which includes any upsells, contraction, and attrition. Zoom divides the Current Period ARR by the Prior Period ARR to arrive at the net dollar expansion rate. For the trailing 12 months calculation, Zoom takes an average of the net dollar expansion rate over the trailing 12 months.

Press Relations

Colleen Rodriguez
Global Public Relations Lead for Zoom
press@zoom.us

Investor Relations

Tom McCallum
Head of Investor Relations for Zoom
investors@zoom.us

Zoom Video Communications, Inc.
Condensed Consolidated Balance Sheets
(Unaudited, in thousands)

As of
July 31,
2021
January 31,
2021
Assets
Current assets:
Cash and cash equivalents $ 1,931,370 $ 2,240,303
Marketable securities 3,174,029 2,004,410
Accounts receivable, net 395,266 294,703
Deferred contract acquisition costs, current 162,126 136,630
Prepaid expenses and other current assets 172,288 116,819
Total current assets 5,835,079 4,792,865
Deferred contract acquisition costs, noncurrent 154,971 157,262
Property and equipment, net 193,852 149,924
Operating lease right-of-use assets 91,087 97,649
Strategic investments 137,795 18,668
Goodwill 26,247 24,340
Other assets, noncurrent 69,562 57,285
Total assets $ 6,508,593 $ 5,297,993
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable $ 49,762 $ 8,664
Accrued expenses and other current liabilities 482,162 393,018
Deferred revenue, current 1,154,449 858,284
Total current liabilities 1,686,373 1,259,966
Deferred revenue, noncurrent 23,579 25,211
Operating lease liabilities, noncurrent 83,009 90,415
Other liabilities, noncurrent 57,884 61,634
Total liabilities 1,850,845 1,437,226
Stockholders’ equity:
Preferred stock
Common stock 296 292
Additional paid-in capital 3,440,222 3,187,168
Accumulated other comprehensive income 147 839
Retained earnings 1,217,083 672,468
Total stockholders’ equity 4,657,748 3,860,767
Total liabilities and stockholders’ equity $ 6,508,593 $ 5,297,993

Note: The amount of unbilled accounts receivable included within accounts receivable, net on the condensed consolidated balance sheets was $35.4 million and $24.6 million as of July 31, 2021 and January 31, 2021, respectively.

Zoom Video Communications, Inc.
Condensed Consolidated Statements of Operations
(Unaudited, in thousands, except share and per share amounts)

Three Months Ended July 31, Six Months Ended July 31,
2021 2020 2021 2020
Revenue $ 1,021,495 $ 663,520 $ 1,977,732 $ 991,687
Cost of revenue 261,256 192,271 526,250 295,978
Gross profit 760,239 471,249 1,451,482 695,709
Operating expenses:
Research and development 82,311 42,734 147,486 69,123
Sales and marketing 271,179 159,173 516,846 280,729
General and administrative 112,146 81,238 266,235 134,368
Total operating expenses 465,636 283,145 930,567 484,220
Income from operations 294,603 188,104 520,915 211,489
Gains on strategic investments 32,076 32,076 2,538
Interest income and other, net (2,795 ) 2,081 (176 ) 5,333
Income before provision for income taxes 323,884 190,185 552,815 219,360
Provision for income taxes 6,800 4,196 8,200 6,296
Net income 317,084 185,989 544,615 213,064
Undistributed earnings attributable to participating securities (154 ) (247 ) (309 ) (305 )
Net income attributable to common stockholders $ 316,930 $ 185,742 $ 544,306 $ 212,759
Net income per share attributable to common stockholders:
Basic $ 1.07 $ 0.66 $ 1.85 $ 0.76
Diluted $ 1.04 $ 0.63 $ 1.78 $ 0.72
Weighted-average shares used in computing net income per share attributable to common stockholders:
Basic 295,712,675 282,850,805 294,769,619 281,394,901
Diluted 305,861,051 297,162,309 305,652,628 296,408,229

Zoom Video Communications, Inc.
Condensed Consolidated Statements of Cash Flows
(Unaudited, in thousands)

Three Months Ended July 31, Six Months Ended July 31,
2021 2020 2021 2020
Cash flows from operating activities:
Net income $ 317,084 $ 185,989 $ 544,615 $ 213,064
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation expense 102,142 56,855 201,111 85,632
Amortization of deferred contract acquisition costs 41,626 24,494 79,392 40,781
Gains on strategic investments (32,076 ) (32,076 ) (2,538 )
Charitable donation of common stock 22,312 23,312
Provision for accounts receivable allowances 10,537 11,091 14,592 14,959
Depreciation and amortization 12,028 6,475 22,691 11,814
Non-cash operating lease cost 4,359 2,349 8,633 4,597
Amortization on marketable securities 7,041 947 12,637 1,190
Other (6 ) (36 ) 264 838
Changes in operating assets and liabilities:
Accounts receivable (41,594 ) (54,425 ) (117,259 ) (196,926 )
Prepaid expenses and other assets (27,395 ) (4,649 ) (57,370 ) (53,729 )
Deferred contract acquisition costs (54,784 ) (88,936 ) (102,597 ) (213,790 )
Accounts payable 42,368 9,115 43,960 10,871
Accrued expenses and other liabilities 5,153 34,744 93,809 202,066
Deferred revenue 85,740 196,287 296,636 519,149
Operating lease liabilities, net (4,211 ) (1,266 ) (7,724 ) (979 )
Net cash provided by operating activities 468,012 401,346 1,001,314 660,311
Cash flows from investing activities:
Purchases of marketable securities (669,136 ) (277,336 ) (2,094,587 ) (484,882 )
Maturities of marketable securities 500,859 150,324 791,906 287,338
Sales of marketable securities 119,569 10,284 119,569 36,897
Purchases of property and equipment (12,975 ) (27,981 ) (92,049 ) (35,253 )
Purchases of strategic investments (80,400 ) (86,900 ) (13,000 )
Cash paid for acquisition, net of cash acquired (2,121 ) (26,486 ) (2,121 ) (26,486 )
Purchase of intangible assets (1,332 ) (1,494 )
Other 1,319
Net cash used in investing activities (144,204 ) (172,527 ) (1,364,182 ) (235,561 )
Cash flows from financing activities:
Proceeds from issuance of common stock for employee stock purchase plan 37,846 20,760 37,846 20,760
Proceeds from employee equity transactions to be remitted to employees and tax authorities, net 28,884 15,925 18,900 234,465
Proceeds from exercise of stock options 4,653 7,831 8,021 17,417
Other 337
Net cash provided by financing activities 71,383 44,516 65,104 272,642
Net increase (decrease) in cash, cash equivalents, and restricted cash 395,191 273,335 (297,764 ) 697,392
Cash, cash equivalents, and restricted cash – beginning of period 1,600,161 758,139 2,293,116 334,082
Cash, cash equivalents, and restricted cash – end of period $ 1,995,352 $ 1,031,474 $ 1,995,352 $ 1,031,474

Zoom Video Communications, Inc.
Reconciliation of GAAP to Non-GAAP Measures
(Unaudited, in thousands, except share and per share amounts)

Three Months Ended July 31, Six Months Ended July 31,
2021 2020 2021 2020
GAAP income from operations $ 294,603 $ 188,104 $ 520,915 $ 211,489
Adjustments:
Stock-based compensation expense and related payroll taxes 116,742 61,602 221,117 91,848
Litigation settlements, net 66,916
Acquisition-related expenses 13,320 4,942 16,604 4,942
Charitable donation of common stock 22,312 23,312
Non-GAAP income from operations $ 424,665 $ 276,960 $ 825,552 $ 331,591
GAAP net income attributable to common stockholders $ 316,930 $ 185,742 $ 544,306 $ 212,759
Adjustments:
Stock-based compensation expense and related payroll taxes 116,742 61,602 221,117 91,848
Litigation settlements, net 66,916
Gains on strategic investments (32,076 ) (32,076 )
Acquisition-related expenses 13,320 4,942 16,604 4,942
Charitable donation of common stock 22,312 23,312
Undistributed earnings attributable to participating securities 154 247 309 305
Non-GAAP net income $ 415,070 $ 274,845 $ 817,176 $ 333,166
Net income per share – basic and diluted:
GAAP net income per share – basic $ 1.07 $ 0.66 $ 1.85 $ 0.76
Non-GAAP net income per share – basic $ 1.40 $ 0.97 $ 2.77 $ 1.18
GAAP net income per share – diluted $ 1.04 $ 0.63 $ 1.78 $ 0.72
Non-GAAP net income per share – diluted $ 1.36 $ 0.92 $ 2.67 $ 1.12
GAAP and non-GAAP weighted-average shares used to compute net income per share – basic 295,712,675 282,850,805 294,769,619 281,394,901
GAAP and non-GAAP weighted-average shares used to compute net income per share – diluted 305,861,051 297,162,309 305,652,628 296,408,229
Net cash provided by operating activities $ 468,012 $ 401,346 $ 1,001,314 $ 660,311
Less:
Purchases of property and equipment (12,975 ) (27,981 ) (92,049 ) (35,253 )
Free cash flow (non-GAAP) $ 455,037 $ 373,365 $ 909,265 $ 625,058
Net cash used in investing activities $ (144,204 ) $ (172,527 ) $ (1,364,182 ) $ (235,561 )
Net cash provided by financing activities $ 71,383 $ 44,516 $ 65,104 $ 272,642

 

Acumatica Cloud ERP Business Accelerates in South Asia

Business management software company grows reseller network to meet increased demand across APAC

KIRKLAND, Wash., Aug. 31, 2021 /PRNewswire/ — Acumatica, the world’s fastest-growing cloud ERP company, announced its accelerated expansion across Asia-Pacific (APAC) to enhance support channels and better serve customers in the South Asia region with a focus on Sri Lanka.

Acumatica: The Cloud ERP

Through Acumatica’s strong partner ecosystem and its international workforce, customers across South Asia will benefit from increased regional support for deployment and product feature updates, as well as time-sensitive issue resolution.

“We’re excited to deepen our roots in South Asia by fortifying partnerships in Sri Lanka,” said Jon Roskill, CEO at Acumatica. “Acumatica is a global company, with a worldwide network of partners and resellers, supporting customers across several industries. The demand for our product in APAC really called for more investment and commitment from us.”

Acumatica currently has more than 50 regional team members and nearly a dozen active resellers located throughout Sri Lanka, Bangladesh, and the Maldives. These resellers mainly focus on the distribution, manufacturing, and construction industries.

“We sincerely value the partnership of our early Acumatica partners in South Asia,” said Thorsten Leppek, director of the Asia region at Acumatica. “Through their expertise and local ties, we can support the abundance of growing businesses in need of Acumatica’s mobile, adaptable, and efficient cloud ERP solution. They are central to our success in the region.”

The IDC MarketScape: Asia/Pacific Software-As-A-Service and Cloud-Enabled Manufacturing Enterprise Resource Planning Applications 2021 Vendor Assessment recently named Acumatica a Major Player in the APAC market. The report highlights Acumatica’s unique consumption-based licensing model, which charges clients based on their transaction volumes. IDC also notes that the pricing structure aids smaller organizations in keeping enterprise software spend in line with revenue growth.

This regional expansion follows the opening in the UK of Acumatica’s London office to better serve customers in Great Britain and Ireland. Since its founding in 2008, Acumatica has experienced unprecedented and industry-leading growth, adding new customers, partners, resellers, and corporate team members globally. Acumatica takes companies beyond basic process digitization and helps them transform into mature, efficient, and connected businesses.

About Acumatica

Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations.  Connected Business. Delivered.

Logo – https://mma.prnewswire.com/media/526275/Acumatica___Logo.jpg

Transaction of 19,500 shares of Packages Limited

Karachi, Packages Limited informed Pakistan Stock Exchange about transaction of shares of the company. 500 shares @ Rs. 509.95 per share were bought from the market on August 30, 2021, 300 shares @ Rs. 509.99 per share were bought from the market on August 30, 2021 and 18,700 shares @ Rs. 510.00 per share were bought from the market on August 30, 2021 through CDC.

Packages Limited is a public limited company incorporated in Pakistan. It is principally engaged in the manufacture and sale of packaging materials and tissue products. The Company also holds investments in companies.

The total numbers of shares are 89,379,504. The Earnings per share is 31.55 in 2020 which was 15.06 in 2019. The Profit after Taxation of the Company is 2,819,524,000 in 2020 which was 1,346,303,000 in 2019.

Material Information of Pakistan Petroleum Limited

Karachi, Pakistan Petroleum Limited informed Pakistan Stock Exchange that the name of the independent international Company established by the consortium appearing in seventh line of the first paragraph of the aforesaid letter, May kindly read as “Pakistan International Oil Limited.”

Pakistan Petroleum Limited was incorporated in Pakistan in 1950 with the main objectives of conducting exploration, prospecting, development and production of oil and gas resources. The company has also established a wholly-owned subsidiary, PPL Asia E&P B.V. with corporate seat in Amsterdam, Kingdom of Netherlands. The subsidiary will focus on exploration and production of oil and gas in the region. PPL has assigned its interest in Block 8, Iraq, under the Exploration, Development and Production Service Contract with Midland Oil Company, Iraq to PPL Asia E&P B.V.

The total number of shares are 2,720,967,548. The Earnings per share is 18.47 in 2020 which was 22.65 in 2019. The Profit After Taxation is 50,256,270,000 in 2020 which was 61,632,364,000 in 2019.

Transmission of Quarterly Report for the Period Ended June 30, 2021 of Avanceon Limited

Karachi, Avanceon Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended June 30, 2021 have been transmitted through PUCARS and is also available on Company’s website.

Avanceon Limited was incorporated in Pakistan on 26 March 2003, as a private limited company which was converted to a public company on 31 March 2008. The Company’s principally business is to trade in products of automation and control equipment and to provide related technical services.

In Pakistan they are operating from Lahore, Karachi and Islamabad in manufacturing and other segments which includes Oil and Gas, Power, Infrastructure, Transportation, as well as FMCG.

The Company is listed on Pakistan Stock Exchange Limited, and “AVN” is being used by the Stock Exchange for the shares of the Company.

The number of shares the company has introduced are 256,593,357. The Earnings per shares of the Company is 3.18 in 2020, which was 3.01 in 2019. The profit after taxation in 2020 has increased which is 673,839,000 compare to 653,870,000 in 2019.

Appointment of Chief Financial Officer of Oil and Gas Development Company Limited

Karachi, Oil and Gas Development Company Limited informed Pakistan Stock Exchange the Mt. Muhammad Anas Farook has been appointed as Chief Financial Officer of the Company with effect from August 31, 2021 in place of Mr. Irteza Ali Qureshi.

Oil and Gas Development Company Limited (OGDCL), was incorporated on 23 October 1997. The Company was established to undertake exploration and development of oil and gas resources, including production and sale of oil and gas and related activities formerly carried on by Oil and Gas Development Corporation. The nature of business of the Company is exploration and production of Oil and Gas / Hydrocarbons.

The total number of shares are 4,300,928,400. The Earnings per shares is 23.27 in 2020 which was 27.53 in 2019. The Profit After Taxation is 100,081,671,000 in 2020 which was 118,385,788,000 in 2019.

Transmission of Quarterly Report for the Period Ended June 30, 2021 of Faysal Bank Limited

Karachi, Faysal Bank Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended June 30, 2021 have been transmitted through PUCARS and is also available on Company’s website.

The Bank was incorporated in Pakistan on October 03, 1994 as a Public Limited Company. Faysal Bank is engaged in Commercial, Retail, Corporate and Islamic banking activities. Faysal Bank’s footprint now spreads over more than 200 cities.

The bank provides products to its customers in the field of personal and business banking. This includes deposits products, retail services, lending and insurance solutions. In the business banking the services related to corporate and agri solutions are provided. The Bank’s branch network of 555 branches includes 414 Islamic branches and 141 conventional branches.

The shares of the Bank are 1,517,696,526. The Earnings per shares of the Company is 4.29 in 2020 which was 3.98 in 2019. The Company had a Profit of Rs. 6,510,505,000 in 2020 which was 6,040,632,000 in 2019.

Annual general meeting of Attock Petroleum Limited to be held on September 22, 2021

Karachi, Attock Petroleum Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on September 22, 2021 at Rawalpindi, through video link.

The agenda of the meeting will to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2021 together with the Directors and Auditors Reports thereon, to consider, approve and authorize the payment of final cash dividend of 245% i.e. 24.50 per share of Rs.10/- each, as recommended by the Board of Directors in addition to be interim dividend of 25% i.e. Rs. 2.50 per share already paid to the shareholders thus making a total of 270% i.e. Rs. 27/- per share for the year ended June 30, 2021, to appoint auditors for the year ending June 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from August 01, 2021 to August 01, 2021 (both days inclusive).

Attock Petroleum Limited is a Public Limited Company, was incorporated On December 03, 1995, jointly sponsored by the Pharaon Investment Group Limited Holding s.a.l. (PIGL). They were granted a marketing license and commenced operations in February 1998. The principal activity of the Company is procurement, storage and marketing of petroleum and related products.

APL is fully vertically integrated group covering all aspects of the Oil and Gas sector of Pakistan; from exploration, production and refining to marketing of a wide range of petroleum products. The Company has also penetrated in the oil export business.

The total number of shares the company has issued are 99,532,800. Earning Per Share has decreased in 2020 and is 10.13 compared to 39.79 in 2019. The Profit After Taxation has also decreased in 2020 which is 1,008,294,000 and it was 3,960,606,000 in 2019.

Transaction of 500 shares of Bank Islami Pakistan Limited

Karachi, Bank Islami Pakistan Limited informed Pakistan Stock Exchange about transaction of shares of the company. 500 shares @ Rs. 10.38 per share were bought from the market on August 30, 2021 through REG.

Bank Islami Pakistan Limited was incorporated in Pakistan on October 18, 2004 as a public limited company to carry out the business of an Islamic Commercial Bank in accordance with the principles of Islamic Shariah. The State Bank of Pakistan (SBP) granted a ‘Scheduled Islamic Commercial Bank’ license to the Bank on March 18, 2005. The Bank is principally engaged in corporate, commercial, consumer, retail banking and investment activities.

The total numbers of shares are 1,108,703,299. The Earnings per share is 1.54 in 2020 which was 1.06 in 2019. The Profit after Taxation is 1,703,135,000 in 2020 which was 1,087,388,000 in 2019.

Transaction of 40,000 shares of The International Industries Limited

Karachi, the International Industries Limited informed Pakistan Stock Exchange about transaction of shares of the company. 40,000 shares @ Rs. 202.66 per share were bought from the market on August 30, 2021 through CDC.

International Industries Limited is Pakistan’s largest manufacturer of steel pipes & tubes, stainless steel tubes and polymer pipes & fittings with an annual manufacturing capacity of 817,000 tons and annual revenues of almost PKR 18.9 billion.

The Company is engaged in the business of manufacturing and marketing of galvanized steel pipes, precision steel tubes, API line pipes, polymer pipes & fittings.

The Company has quoted total number of shares on Pakistan Stock Exchange Limited that are 131,881,860. The Earnings per shares is (5.26) in 2020 which was 11.94 in 2019. The Profit After Taxation in 2020 is (694,205,000) which was 1,574,713,000 in 2019.