Asana (ASAN)

Company Profile

asana is the easiest way for teams to track their work. from tasks and projects to conversations and dashboards, asana enables teams to move work from start to finish--and get results. asana was started after dustin moskovitz and justin rosenstein built an internal tool at facebook, which quickly changed how the company coordinates. they realized this technology could help every organization achieve their goals. now, asana is a team of over 100 peers across 3 offices in sf, nyc, and dublin, with investors including benchmark capital, andreessen horowitz, founders fund, and peter thiel. asana is free for teams up to 15 members with unlimited projects and tasks. web and mobile apps are available at asana.com, itunes, and google play.

Company profile

Ticker

ASAN

Exchange

Website

Incorporated

Location

Fiscal year end

Sector

Information > Software Publishers

Industry (SIC)

Services - Prepackaged Software

Microsoft • Oracle • Mobileye Global • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Ceridian HCM Holding ...

SEC CIK

0001477720

Corporate docs

Articles of Incorporation & Bylaws

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Asana Software Australia Pty Ltd • Asana Software Canada Ltd • Asana France SAS • Asana Germany GmbH • Asana Ireland Technology Limited • Asana Software Ireland Limited • Asana Software Singapore Pte. Ltd. • Asana Switzerland GmbH • Asana Software UK Limited ...

IRS number

263912448

ASAN stock data

1M 1Y 5Y

Latest filings (excl ownership)

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5 Sep 23

Asana Announces Second Quarter Fiscal 2024 Results

5 Sep 23

8-K

Submission of Matters to a Vote of Security Holders

1 Jun 23

Asana Announces First Quarter Fiscal 2024 Results

1 Jun 23

ARS

2023 FY

Annual report to shareholders

28 Apr 23

DEFA14A

Additional proxy soliciting materials

28 Apr 23

Registration of securities for employees

24 Mar 23

Transcripts

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ASAN

Earnings call transcript

2024 Q2

5 Sep 23

ASAN

Earnings call transcript

2024 Q1

1 Jun 23

ASAN

Earnings call transcript

2023 Q4

8 Mar 23

ASAN

Earnings call transcript

2023 Q2

8 Sep 22

ASAN

Earnings call transcript

2023 Q1

3 Jun 22

ASAN

Earnings call transcript

2022 Q4

10 Mar 22

ASAN

Earnings call transcript

2022 Q3

3 Dec 21

ASAN

Earnings call transcript

2022 Q2

2 Sep 21

ASAN

Earnings call transcript

2021 Q1

4 Jun 21

ASAN

Earnings call transcript

2020 Q4

11 Mar 21

Latest ownership filings

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Notice of proposed sale of securities

Financial summary

Financial statements Chart ASAN financial data

Quarter (USD)	Jul 23	Apr 23	Jan 23	Oct 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 23	Jan 22	Jan 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)		413.70 mm	413.70 mm	413.70 mm	413.70 mm	413.70 mm
Cash burn (monthly)		(no burn)	24.46 mm	28.25 mm	(no burn)	5.90 mm
Cash used (since last report)		n/a	43.75 mm	50.52 mm	n/a	10.55 mm
Cash remaining		n/a	369.94 mm	363.17 mm	n/a	403.14 mm
Runway (months of cash)		n/a	15.1	12.9	n/a	68.3

Beta Read what these cash burn values mean

Financial data from Asana earnings reports.

Institutional ownership, Q2 2023

ASAN institutional ownership history Ownership history

26.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	230	225	+2.2%
Opened positions	43	53	-18.9%
Closed positions	38	47	-19.1%
Increased positions	58	72	-19.4%
Reduced positions	78	56	+39.3%

13F shares	Current	Prev Q	Change
Total value	1.25 tn	1.07 tn	+16.6%
Total shares	56.77 mm	50.88 mm	+11.6%
Total puts	2.66 mm	2.65 mm	+0.4%
Total calls	2.71 mm	2.74 mm	-1.1%
Total put/call ratio	1.0	1.0	+1.5%

Largest owners	Shares	Value	Change
Vanguard	8.78 mm	$193.51 bn	+15.0%
BLK Blackrock	6.72 mm	$148.19 bn	-0.0%
Champlain Investment Partners	6.45 mm	$142.09 bn	-1.8%
D. E. Shaw & Co.	3.49 mm	$77.01 bn	-11.8%
STT State Street	2.21 mm	$48.74 bn	+8.0%
Jane Street	1.68 mm	$37.12 bn	+4148.3%
Citadel Advisors	1.60 mm	$35.24 bn	+136.1%
Geode Capital Management	1.51 mm	$33.39 bn	+8.7%
Millennium Management	1.50 mm	$32.97 bn	NEW
Renaissance Technologies	1.43 mm	$31.74 bn	-4.5%

Largest transactions	Shares	Bought/sold	Change
Jane Street	1.68 mm	+1.64 mm	+4148.3%
Millennium Management	1.50 mm	+1.50 mm	NEW
Vanguard	8.78 mm	+1.14 mm	+15.0%
Point72 Asset Management	1.09 mm	+1.09 mm	+106674.6%
Citadel Advisors	1.60 mm	+921.74 k	+136.1%
GS Goldman Sachs	1.41 mm	+837.38 k	+145.6%
MNGPF Man	727.06 k	+727.06 k	NEW
MS Morgan Stanley	1.26 mm	+693.99 k	+122.4%
LMR Partners	675.00 k	+675.00 k	NEW
Two Sigma Investments	1.02 mm	-481.38 k	-32.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ASAN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Sep 23	Eleanor B Lacey	Class A Common Stock	Sell	Dispose S	No	Yes	17.04	1,144	19.49 k	236,389
20 Sep 23	Eleanor B Lacey	Class A Common Stock	Sell	Dispose S	No	No	17.544	3,882	68.11 k	237,533
20 Sep 23	Tim M Wan	Class A Common Stock	Sell	Dispose S	No	No	17.544	14,232	249.69 k	779,553
20 Sep 23	Anne Raimondi	Class A Common Stock	Sell	Dispose S	No	No	17.544	39,701	696.51 k	519,681
19 Sep 23	Moskovitz Dustin A.	Class A Common Stock	Buy	Acquire P	No	Yes	17.71	507,500	8.99 mm	43,932,649
18 Sep 23	Moskovitz Dustin A.	Class A Common Stock	Buy	Acquire P	No	Yes	18.37	507,500	9.32 mm	43,425,149
11 Sep 23	Moskovitz Dustin A.	Class A Common Stock	Buy	Acquire P	No	Yes	20.39	80,000	1.63 mm	42,917,649
8 Sep 23	Moskovitz Dustin A.	Class A Common Stock	Buy	Acquire P	No	Yes	20.03	474,847	9.51 mm	42,837,649