/biz/ - Business & Finance

Investor Day Presentation, Wed 9/9/2020, 10am EST

What does Palantir do? They sell enterprise software: GOTHAM and FOUNDRY.
...TLDR: 17 year old company that sells enterprise software, mostly to the government, but also to the commercial & industrial sectors
...embedded in 36 industries; 150 countries.
...Something something something data aggregation and analyzation
...Data science bros at their respective companies/sectors will use Palantir's software packages to do data science-y stuff
...US Army, Air Force, Marines, Navy use Palantir software

GOTHAM
...released in '08
...Absolutely no idea what it does and how it works
..."Gotham will be the substrate that the next war is fought on"
...For gov't market

FOUNDRY
...released in '16
...Absolutely no idea what it does and how it works
...For commercial market

CFO talk
...2019: 25% revenue growth from 2018. $743M total revenue.
...Revenue growth since 2017
...2020 is first year with positive margins
...Gov't business grown from 35% last year to 76% this year.
...Revenue generation typically comes from existing customers (this is normal for them)
...AVG customer does $5.6M revenue

Stock price
...January 2020: ~$5.45
...September 2020: ~$11
...Share lock-up: 20% of shares freely tradeable on listing day. Remaining 80% released to third business day following release of FY 2020 earnings.
...Direct listing, NOT an IPO

Coders talk
...Blah blah blah version control AI enterprise solutions github sandbox recursive statement
...Non-technical folks should be able to use the software packages