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> Cloudflare expects second-quarter revenue of $664 million to $665 million, obviously $2.5e9ish/yr is substantial in absolute terms ... but that's it? They i
by kristjansson 6mo ago
> Cloudflare expects second-quarter revenue of $664 million to $665 million,
obviously $2.5e9ish/yr is substantial in absolute terms ... but that's it? They intermediate half the internet and only capture $7m/day?
- argee 6mo agoI think about investing in Cloudflare but that P/E ratio scares me off every time.
- therealdrag0 6mo agoTheir revenue is growing 30% yoy, so investors are speculating it to pay off in the end.
- epolanski 6mo agoThe more they grow the harder it is to follow such rates.
- jdasdf 6mo agoThey don't have a PE ratio. They have never made a profit.
- OJFord 6mo agoNaN is scary
- dnnddidiej 6mo agoPE ratio too high! Sir, that is price/revenue ratio (jawdrop)
- deadbabe 6mo agoDon’t worry about P/E ratio. If you worry about P/E ratio all the time you would have missed every major tech opportunity for the past decade.
- postflopclarity 6mo agonot true.
- mmarian 6mo agoBusinesses tend to choose them because they're cheaper than alternatives.
- dnnddidiej 6mo agoOh less than Atlassian. Suprised.
- philipwhiuk 6mo agoAtlassian has a moat of features despite being expensive. You see nibbles by stuff like Monday.com but never big chunks. CloudFlare is honestly still iterating to find a moat other than 'really cheap'. High P/E means a good moat. (Too high and everyone is looking for a start-up to eradicate your product segment of course).
- postflopclarity 6mo agohigh P/E means good income growth prospects. a good moat is one way to achieve that, but not the only way.
- is_true 6mo agoThey are in a great position to generate a lot of value without rising prices, they haven't realized it yet because what they have to do is pretty boring.
- baobabKoodaa 6mo agoRevenue is not profit. They "capture" much less than $7m/day.
- patwolf 6mo agoI use Cloudflare for a lot of my side projects. It's a pleasure to use, and I manage to stay under the free tier. It does feel like they should be bigger in the cloud space, but I imagine the major players get a lot of revenue from VMs, which is a space Cloudflare has avoided.