6,294
edits
Upwork: Summary of SEC Fillings: Difference between revisions
no edit summary
No edit summary |
No edit summary |
||
| Line 68: | Line 68: | ||
* '''In the year ended December 31 2022, 2021, and 2020, " client spend from new client cohorts was $507.6 million, $537.9 million, and $407.9 million, respectively."''' | * '''In the year ended December 31 2022, 2021, and 2020, " client spend from new client cohorts was $507.6 million, $537.9 million, and $407.9 million, respectively."''' | ||
[[File:Client cohort.png|thumb|553x553px|Source: Upwork 2022 10-K]] | [[File:Client cohort.png|thumb|553x553px|Source: Upwork 2022 10-K]] | ||
| Line 108: | Line 112: | ||
=== Employee Stock Purchase Plan === | === Employee Stock Purchase Plan === | ||
* The 2018 Employee Stock Purchase Plan (ESPP) "allows eligible employees to purchase shares of the Company’s common stock at a discount of up to 15% through payroll deductions of their eligible compensation, subject to any plan limitations." | * The 2018 Employee Stock Purchase Plan (ESPP) "allows eligible employees to purchase shares of the Company’s common stock at a discount of up to 15% through payroll deductions of their eligible compensation, subject to any plan limitations." | ||
=== Liquidity === | |||
* Upwork believes that its cash and cash equivalents, marketable securities and cash flow from operations will be sufficient for at least the next 12 months to meet to meet its requirements. | |||
=== Foreign Currency Risk === | |||
* Other than the U.S dollar, Upwork offers its clients the option to settle their invoices in the following currencies: Euro, British Pound, Australian dollar, Canadian dollar, Singapore dollar, South African rand, New Zealand dollar, Polish zloty, Swiss franc, Norwegian krone, Danish krone, Swedish krona, Turkish lira, Japanese yen, and Hong Kong dollar. | |||
== 2018 SEC Filling == | == 2018 SEC Filling == | ||