HubSpot 2014 earnings report: earnings Jumped forty nine% & customer rely Up 35%

The inbound advertising and marketing device company is gaining momentum, but nonetheless reporting losses general.
on February 11, 2015

 

HubSpot announced its q4 2014 revenue lately, reporting whole revenue of $115.9 million for the yr, representing a forty nine percent elevate compared to 2013.

the corporate showed boom in all areas given that its IPO in October, with whole income for the fourth quarter of 2014 achieving $34.2 million, a 53 p.c elevate over 4Q 2013.

HubSpot’s products and services revenue for the 12 months was up forty p.c over 2013, and subscription income up 50 percent at $106.3 million. the company says its client base grew to incorporate more than 13,500 consumers via December 31, 2014, a 35 % hike over the collection of shoppers it won in 2013.

we are still in the early innings of meeting the numerous demand for advertising and marketing and sales technology that helps mid-market companies grow.

whereas the company has skilled marvelous increase, HubSpot has yet to turn a revenue. Its GAAP operating loss for the 12 months totaled $48.6 million, and Non-GAAP working loss was $32.1 million.

“it is clear that we’re still within the early innings of meeting the significant demand for marketing and sales technology that helps mid-market companies develop,” says HubSpot Chairman and CEO Brian Halligan. nevertheless, Halligan said his firm had an important quarter, and introduced a record selection of new consumers whereas achieving sturdy financial outcomes.

2014 Consolidated Statements of Operations

hubspot 2014 earnings report

about the author

Amy Gesenhues is 0.33 Door Media’s general challenge Reporter, covering the newest news and updates for advertising and marketing Land and Search Engine Land. From 2009 to 2012, she was once an award-successful syndicated columnist for numerous day by day newspapers from the big apple to Texas. With greater than ten years of selling management experience, she has contributed to plenty of conventional and online publications, together with MarketingProfs.com, SoftwareCEO.com, and gross sales and marketing management magazine.

 

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