[ronhav3]

Only 'unprofitable' in GAAP terms.It has a very healthy Free Cash Flow margin. And it still a 7x return from IPO.

All-in-all, a great success story. (Whatever one thinks of Jira the product)

[altdataseller]

Thats the only measure of real profitability - GAAP.

Free cash flow includes stock based compensation. Thats a real expanse and turns negative cashflow to positive. But it dilutes existing shareholders, you would like to see positive cashflow EXCLUDING stock based compensation

[ronhav3]

If GAAP is the only measure, then Amazon and Salesforce have been utter failures for 20+ years, only returning 120,000% and 4000% returns to shareholders.

In fact, if an investor went by GAAP, he would have missed the entire massive SaaS boom of the past decade.

[altdataseller]

Did i say these companies were failures? I simply said they were not profitable.