Planet Labs PBC(PL)

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Planet Labs PBC(PL) - 2023 Q4 - Earnings Call Presentation
2023-03-29 22:09
March 29, 2023 This presentation includes Non-GAAP Gross Profit, Non-GAAP Gross Margin, which is derived from Non-GAAP Gross Profit, and Adjusted EBITDA, which are non-GAAP performance measures that the Company uses to supplement its results presented in accordance with U.S. GAAP. The Company believes these non-GAAP financial measures are useful in evaluating its operating performance, as they are similar to measures reported by the Company's public competitors and are regularly used by analysts, institutio ...
Planet Labs PBC(PL) - 2023 Q4 - Annual Report
2023-03-29 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. Commission file number 001-40166 Planet Labs PBC (Exact name of registrant as specified in its charter) | Dela ...
Planet Labs PBC(PL) - 2023 Q3 - Earnings Call Transcript
2022-12-15 01:23
Planet Labs PBC (NYSE:PL) Q3 2023 Earnings Conference Call December 14, 2022 5:00 PM ET Company Participants Chris Genualdi - VP of IR Will Marshall - Co-founder and CEO Ashley Fieglein Johnson - Chief Financial and Operating Officer Conference Call Participants Michael Latimore - Northland Edison Yu - Deutsche Bank Josh Sullivan - The Benchmark Company Jeff Van Rhee - Craig-Hallum Greg Mesniaeff - WestPark Capital Harry Wilmerding - Needham & Company Ken Mestemacher - Edison Investment Research Noah Popona ...
Planet Labs PBC(PL) - 2023 Q3 - Quarterly Report
2022-12-13 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. Commission file number: 001-40166 Planet Labs PBC | (Exact name of registrant as specified in its char ...
Planet Labs PBC(PL) - 2023 Q2 - Earnings Call Transcript
2022-09-13 01:26
Planet Labs PBC (NYSE:PL) Q2 2023 Earnings Conference Call September 12, 2022 5:00 PM ET Company Participants Chris Genualdi - Vice President of Investor Relations Will Marshall - Co-Founder and Chief Executive Officer Ashley Fieglein Johnson - Chief Financial and Operating Officer Conference Call Participants Noah Poponak - Goldman Sachs Jeff Van Rhee - Craig-Hallum Ryan Koontz - Needham & Company Josh Sullivan - The Benchmark Company Colin Canfield - Barclays Operator Good afternoon. Thank you for attendi ...
Planet Labs PBC(PL) - 2023 Q2 - Earnings Call Presentation
2022-09-12 20:43
RED SEA • Saudi Arabia FISCAL 2Q'23 UPDATE September 12, 2022 Disclaimers Forward-Looking Statements Except for the historical information contained herein, the matters set forth in this presentation are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, the Company's ability to capture market opportunity; whether and when the Company will be able to execute on its growth initiatives; whether t ...
Planet Labs PBC(PL) - 2023 Q2 - Quarterly Report
2022-09-11 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Planet Labs PBC | (Exact name of registrant as specified in its charter) | | --- | | Delaware | 85-4299396 | | --- | --- | | (State or other jurisdiction of incorporation or | (I.R.S. Employer Identification No.) | | organization) | | | 645 Harrison Street, Floor 4, San Francisco, | | | California | 94107 | | (Address of principal executive offices) | (Zip Code) | | (415) 829-3313 | | | Registrant' ...
Planet Labs PBC(PL) - 2023 Q1 - Earnings Call Presentation
2022-06-15 03:54
FISCAL 1Q'23 UPDATE JUNE 14, 2022 COLUMBIA GLACIER • Alaska, USA • August 13, 2021 planet. Disclaimers Forward-Looking Statements Except for the historical information contained herein, the matters set forth in this presentation are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, the Company's ability to capture market opportunity; whether and when the Company will be able to execute on its ...
Planet Labs PBC(PL) - 2023 Q1 - Earnings Call Transcript
2022-06-15 03:54
Financial Data and Key Metrics Changes - The company achieved $40.1 million in revenue for Q1 2023, representing a 26% year-over-year growth, indicating continued acceleration of the top line [13][35] - Non-GAAP gross margins expanded to 45%, up from 41% a year ago, reflecting a significant improvement towards SaaS-like margins [13][39] - The adjusted EBITDA loss was $16.3 million for the quarter, consistent with guidance [40] Business Line Data and Key Metrics Changes - The end-of-period customer count grew to 826, representing a 23% year-over-year increase, showcasing a diverse customer base across various industries [36] - The net dollar retention rate was 105%, indicating strong customer retention and expansion, excluding the recent EOCL contract [37] Market Data and Key Metrics Changes - The company noted significant demand for its data across government and commercial markets, particularly in agriculture and defense sectors, driven by global events and sustainability concerns [14][15] - The EOCL contract award significantly increased revenue visibility, almost doubling the backlog of contracted revenue [18][43] Company Strategy and Development Direction - The company is focused on expanding its data subscription business to address critical challenges related to climate change and geopolitical security [15][31] - Recent partnerships, such as with Bayer and Moody's, aim to enhance sustainable agriculture and ESG risk assessment capabilities [27][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growing demand for their data solutions, with expectations for continued momentum throughout fiscal 2023 [34][49] - The EOCL contract is seen as a landmark award that enhances long-term revenue visibility and reflects the government's commitment to commercial remote sensing [20][49] Other Important Information - The company plans to host an Investor Day on October 12, 2022, to provide further insights into its strategies and performance [48] - The remaining performance obligations were over $152 million, with approximately 71% applicable to the next 12 months [42] Q&A Session Summary Question: How should investors think about the EOCL award relative to your trailing revenue for this customer set? - Management indicated that the EOCL award was at the higher end of expectations and represents a meaningful expansion, but specifics on customer revenue are typically not disclosed [52] Question: Any color on your go-to-market expansion activities? - Management highlighted investments in sales teams globally, focusing on outbound marketing to complement inbound demand, with hiring on track to meet targets [53] Question: Can you quantify the dollar value growth year-over-year in the pipeline? - Management did not provide specific dollar values but noted strong upward trends across all geographies [55] Question: Is the sales cycle shrinking outside of the Ukraine influence? - Management confirmed that the sales cycle is indeed shrinking, with more customers starting and closing deals within the same quarter [62] Question: What are the paths to expanding the EOCL contract beyond firm commitments? - Management noted that the NRO has flexibility to add packages and options, which could lead to significant future expansions of the contract [94]
Planet Labs PBC(PL) - 2023 Q1 - Quarterly Report
2022-06-13 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the three months ended April 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. Commission file number 001-40166 Planet Labs PBC | (Exact name of registrant as specified in its charter) | ...