Ooma (OOMA) Short-term Investments (2016 - 2023)
Ooma (OOMA) reported Short-term Investments of $495,000 for fiscal Q2 2024 (quarter ended Jul 31, 2023), down 92.1% from $6.28 million a year earlier and down 49.8% from the prior quarter.
Ooma (OOMA) Short-term Investments (2016 - 2023) Analysis & Trends
At the end of FY2023 (ended Jan 31, 2023), Ooma posted Short-term Investments of $2.72 million, down 76.6% from FY2022.
- Short-term Investments has a five-year compound annual growth rate of -43.5% (FY2018 to FY2023).
- By fiscal year, Short-term Investments came in at $11.61 million in FY2022 (+5.4%), $11.01 million in FY2021 (-23.4%), $14.38 million in FY2020 (-47.2%) and $27.25 million in FY2019 (-42.4%).
- The fiscal Q2 2024 figure ranks as the lowest quarterly Short-term Investments in data going back to fiscal Q4 2016.
- Year over year, Short-term Investments has now declined in each of the last six quarters, with an average decline of 44.5% over the last eight quarters.
- The high point for year-over-year Short-term Investments in five years was fiscal Q4 2022 (growth of 5.4%); the low point was fiscal Q2 2024 (a decline of 92.1%).
- Per Business Quant data, the three fiscal quarters before Q2 2024 came in at $987,000 (Q1 2024), $2.72 million (Q4 2023) and $4.5 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 93.82 Bn | 69.07 Bn | 6.00 Bn |
| 2 | Atlassian | 46.64 Bn | 39.92 Bn | 1.53 Bn |
| 3 | Twilio | 44.91 Bn | 34.90 Bn | 725.87 Mn |
| 4 | Autodesk | 43.68 Bn | 31.72 Bn | 1.87 Bn |
| 5 | Zoom Communications | 26.53 Bn | -4.25 Bn | 985.50 Mn |
| 6 | Figma | 11.16 Bn | 4.66 Bn | 309.61 Mn |
| 7 | Dropbox | 7.44 Bn | 3.07 Bn | 506.50 Mn |
| 8 | Nice | 6.72 Bn | 5.19 Bn | 995.81 Mn |
| 9 | RingCentral | 6.26 Bn | 5.75 Bn | 472.31 Mn |
| 10 | Ooma | 563.59 Mn | 487.03 Mn | 50.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2023 | 495,000.00 |
| Apr 30, 2023 | 987,000.00 |
| Jan 31, 2023 | 2.72 Mn |
| Oct 31, 2022 | 4.50 Mn |
| Jul 31, 2022 | 6.28 Mn |
| Apr 30, 2022 | 10.13 Mn |
| Jan 31, 2022 | 11.61 Mn |
| Oct 31, 2021 | 11.60 Mn |
| Jul 31, 2021 | 9.94 Mn |
| Apr 30, 2021 | 10.14 Mn |
| Jan 31, 2021 | 11.01 Mn |
| Oct 31, 2020 | 12.11 Mn |
| Jul 31, 2020 | 14.45 Mn |
| Apr 30, 2020 | 14.25 Mn |
| Jan 31, 2020 | 14.38 Mn |
| Oct 31, 2019 | 15.79 Mn |
| Jul 31, 2019 | 14.64 Mn |
| Apr 30, 2019 | 25.80 Mn |
| Jan 31, 2019 | 27.25 Mn |
| Oct 31, 2018 | 33.53 Mn |
Ooma Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=OOMA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "OOMA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=OOMA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();