Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

Joseph Alsop

Progress Software Corporation

Cloud Software Group provides mission-critical enterprise software for private, public, managed, and sovereign cloud environments, enabling users to adapt, transform, and meet modern enterprise challenges.

Cloud Software Group

DataMesh provides a no-code platform for creating 3D and XR content aimed at enhancing training and communication efficiency, with a focus on Digital Twin and Data Science capabilities for enterprise customers.

DataMesh

Fendahl is a specialist provider of commodity trading and risk management (CTRM) software solutions, offering tailored systems for commodity trading organizations. Self-described as a rapidly growing global software company, it provides a modern, customizable platform to enhance trading and risk management operations.

Fendahl

Progress WhatsUp Gold

Progress Sitefinity

DevReach 2023

Progress DataDirect

Progress Bulgaria

Progress Telerik

Progress MOVEit

OpenEdge

Progress (Nasdaq: PRGS) provides software that enables organizations to develop and deploy their mission-critical applications and experiences, as well as effectively manage their data platforms, cloud and IT infrastructure. As an experienced, trusted provider, we make the lives of technology professionals easier. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com, and follow us on LinkedIn, YouTube, Twitter, Facebook and Instagram.

New Enterprise Associates

Sequoia Capital

Progress

We did a survey to better understand the overall impact of #DataBias in #AI and #ML, how it affects businesses and what companies are doing to address it. 

Check out the results here 👇 
https://prgress.co/3o8PkUF
#ArtificialIntelligence #MachineLearning

New Delhi Progressers join forces with Ekal Vidyalaya USA for a tree-planting drive. Love to see Progressers showcasing their remarkable commitment to fostering a greener and healthier environment. 

#ProgressPROUD #Environmental #CompanyCulture

🎉Exciting News! Dr. Shirley Knowles, our incredible CIDO at Progress, has earned a well-deserved nomination for the Tech Top 50’s Mosaic award! And that's not all – we've been nominated in the Workforce Culture and Social Responsibility categories. 

A big thank you to the Mass Technology Leadership Council for recognizing our efforts.  

#ProgressPROUD ##TechTop50 #CompanyCulture 

Metric
Company Name	Progress Software Corporation	Cloud Software Group	DataMesh	Fendahl
Symbol	PRGS
MSH ID	COM:PROGRESS	COM:CLOUD	COM:DATAMESH	COM:FENDAHL
Market	STOCKS	PRIVATE	PRIVATE	PRIVATE
Sector	Technology	Technology	Technology	Technology
Industry	Software - Application	Software	Software & IT Services	Software & IT Services
Country	US	US	US	GB
Stage			Series B
Employee Count	2.28K
Website	progress.com	cloud.com	datamesh.com	fendahl.com
LinkedIn	progress-software	cloud-com	datamesh
Founders

Metric
Market Cap	2.28B
Enterprise Value
Monthly Web Traffic		6.83M	372	1.53K
Web Traffic Growth		0.12	6.29	1.14
Valuation
Raised Capital

Metric
Revenue	694.44M
Revenue (LTM)
Revenue (NTM)
Gross Profit	567.86M
EBITDA	110.52M
Operating Income	110.52M
Net Income	70.20M
EPS	1.62
Diluted EPS	1.57
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.82
Operating Profit Margin	0.19
EBITDA Margin	0.16
Net Profit Margin	0.12
Return on Equity	0.19
Return on Assets	0.05
Return on Capital Employed	0.10

COM:PROGRESS

Progress Software Corporation

Last Close

68.73

22/11 21:00

Market Cap

2.28B

Beta: -

Volume Today

396.27K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	35.35
P/B Ratio	5.40
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	4.06
EV Multiple	10.45

Metric
Days Sales Outstanding	96.80
Days Payables Outstanding
Days Inventory Outstanding	0.00
Operating Cycle	81.88
Cash Conversion Cycle	80.34
Asset Turnover	0.46

Metric
Operating Cash Flow	173.92M
Free Cash Flow	168.35M
Cash Flow to Debt	0.28
Operating Cash Flow/Sales	0.31
Free Cash Flow Yield	0.07

Metric
Cash & Equivalents	126.96M
Accounts Receivable	12.12M
Inventory
Goodwill	832.10M
Debt to Capitalization	0.67
Debt to Assets	0.47
Current Ratio	0.94
Quick Ratio	1.34

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.06
R&D to Revenue	0.19
SG&A to Revenue	0.12