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by a10c
106 days ago
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TIL that 20-30% revenue growth year over year is underperforming. Atlassian does >$1B/year in free cash flow. the GAAP losses are almost entirely stock-based comp, which is non-cash. the buyback exists specifically to offset that dilution. > buybacks will reduce profit wrong. its a balance sheet transaction. cash goes down, shares go down. |
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