Elastic NV

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Description

Elastic NV delivered an all-around beat in the most recent quarterly result. The company achieved a milestone with annual contract values exceeding $100,000, demonstrating Elastic’s rising popularity as the preferred data analytics platform for real-time search use cases. Elastic maintained disciplined business management. Its core mission of enabling real-time, scalable data analytics, its versatile platform, and built-in AI capabilities, such as the Elasticsearch Relevance Engine (ESRE), resonated well across diverse real-time use cases in search, observability, and security. Elastic’s “land and expand” strategy bore fruit, driven by two prominent trends in Q1. The first centered around generative AI, enjoying a resurgence in Enterprise Search, with Elastic emerging as the platform of choice for creating AI-powered applications while ensuring data privacy and security. The second trend involved customers consolidating their operations onto the Elastic platform for multiple use cases, benefiting from Elastic’s core strengths and unmatched value proposition in search, log analytics, and security analytics. The company’s strategic partnerships with major cloud hyper scalers earned accolades, deepening product integrations and fueling growth through cloud marketplaces.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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