Elastic NV 2023 AR2
The report outlines Elastic N.V.'s financial and operational performance for the fiscal year ended April 30, 2023. The company achieved total revenue of $1.1 billion, representing a 24% year-over-year growth, driven primarily by the adoption of Elastic Cloud. Despite this growth, the company incurred a net loss of $276.1 million. To navigate macroeconomic challenges, Elastic implemented a restructuring plan in November 2022, reducing its workforce by approximately 13%. The report also highlights the company's commitment to ESG initiatives, including oversight by the Nominating and Corporate Governance Committee and alignment with select UN SDGs.
Company: Elastic NV
Sector: Information Technology
Country: Netherlands
Year: 2023
Type: AR2
Pages: 149
Elastic NV
The report outlines Elastic N.V.'s financial and operational performance for the fiscal year ended April 30, 2023. The company achieved total revenue of $1.1 billion, representing a 24% year-over-year growth, driven primarily by the adoption of Elastic Cloud. Despite this growth, the company incurred a net loss of $276.1 million. To navigate macroeconomic challenges, Elastic implemented a restructuring plan in November 2022, reducing its workforce by approximately 13%. The report also highlights the company's commitment to ESG initiatives, including oversight by the Nominating and Corporate Governance Committee and alignment with select UN SDGs.
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Document Details
Report Year
2023
Reporting Period
May 1, 2022 - Apr 30, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees