Stockideas

GitLab
(NASDAQ:GTLB)
GitLab

GitLab is a web-based DevOps lifecycle tool that provides a Git repository manager providing wiki, issue-tracking and continuous integration and deployment pipeline features, using an open-source license, developed by GitLab Inc.
Founded: 2011
IPO date: 2021-10-14
IPO price: $77
Full Time Employees: 1,800
CEO / Co-Founder: Sid Sijbrandij 
Sector: Technology
Industry:
Next Earnings Date: 2022-12-05
Stock price: $41.25 (-3.93%)
gtlb
By: christopher lazy guy   💬 13   
   on Nov 20, 2022

when your company is good enough you cannot continue to afford to host your code in public cloud service providers for security concerns. also there are customized feature Github is not able to provide so you would need companies like this eventually. $gtlb


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Gitlab S1 and potential trade ideas
By: ssmlee04 Community Lead :))   💬 98   
   on Oct 14, 2021

https://www.sec.gov/Archives/edgar/data/0001653482/000162828021018818/gitlab-sx1.htm

DBNRR 150% and revenue growth rate 70% yoy would have p/s ratio around 80 in today's market.

They have 233m revenue ttm. 233 * 80 = 20b. So if it opens anything below 15b it might be considered fairly cheap.

https://i.imgur.com/n2NBwJc.png

https://i.stack.imgur.com/mqGGU.jpg

When your companies get bigger you simply can't just store code using public code version control system like GitHub. This is where they come into play. By the current level of valuation with a DBNRR 150% and growth rate 80% we're potentially looking at ~15-20b valuation easily.

$gtlb


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