Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; strategic and product plans; and other intellectual property. The company offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for users on Windows and UNIX/Linux servers, storage devices, email systems, Intranet servers, cloud applications, and data stores; and DatAlert that profiles users, devices, and their behaviors related to systems and data, detects and alerts on deviations that indicate compromise, and provides a Web-based dashboard and investigative interface. It also provides Data Classification Engine that identifies and tags data based on criteria set in various metadata dimensions, as well as provides business and information technology (IT) personnel with actionable intelligence about data; and DataPrivilege, which offers a self-service Web portal that allows users to request access to data necessary for their business functions, and owners to grant access without IT intervention. In addition, the company provides Data Transport Engine, which provides an execution engine that unifies the manipulation of data and metadata, translating business decisions, and instructions into technical commands, such as data migration or archiving; and DatAnswers that offers search functionality for enterprise data. Varonis Systems, Inc. sells products and services through a network of distributors and resellers. The company serves IT, security, and business personnel. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in New York, New York.

Varonis Systems, Inc.

Normalyze provides data security solutions for various cloud environments, including SaaS, PaaS, public or multi-cloud, on-prem or hybrid environments.

Normalyze

AvePoint Online Services provides solutions for integrating and managing cloud services.

AvePoint Online Services

Egnyte is a software company that provides cloud-based content security, compliance, and collaboration tools for businesses. It offers a unified platform for managing and protecting content, integrating with various business productivity tools, and serving industry-specific software to the construction and life sciences sectors.

Rajesh Ram

Kris Lahiri

Vineet Jain

Amrit Jassal

Egnyte, Inc.

Varonis provides a data security platform that automates the discovery, classification, and protection of data in the cloud and on-premises environments. It focuses on data security posture management (DSPM) and includes services such as automated monitoring and compliance management.

Metric
Company Name	Varonis Systems, Inc.	Normalyze	AvePoint Online Services	Egnyte, Inc.
Symbol	VRNS
MSH ID	COM:VARONIS	AI:NORMALYZE	COM:AVEPOINTONLINESERVICES	COM:EGNYTE
Market	STOCKS	PRIVATE	PRIVATE	PRIVATE
Sector	Technology	Technology	Technology	Technology
Industry	Software - Infrastructure	Cybersecurity	Cloud Computing	Technology
Country	US	US	US
Stage			Post-IPO Secondary
Employee Count	2.23K	79		1.00K
Website	varonis.com	normalyze.ai	avepointonlineservices.com	egnyte.com
LinkedIn		normalyze	avepoint
Founders

Metric
Market Cap	5.17B
Enterprise Value
Monthly Web Traffic		183.87K
Web Traffic Growth		-0.22
Valuation
Raised Capital		110M

Metric
Revenue	499.16M
Revenue (LTM)
Revenue (NTM)
Gross Profit	427.41M
EBITDA	-117.22M
Operating Income	-117.22M
Net Income	-100.92M
EPS	-0.00
Diluted EPS	-0.00
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	0.86
Operating Profit Margin	-0.22
EBITDA Margin	-0.23
Net Profit Margin	-0.09
Return on Equity	-0.10
Return on Assets	-0.07
Return on Capital Employed	2.05

COM:VARONIS

Varonis

Last Close

50.20

22/11 21:00

Market Cap

5.17B

Beta: -

Volume Today

1.53M

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	-45.06
P/B Ratio	11.23
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	12.92
EV Multiple	-38.15

Metric
Days Sales Outstanding	83.14
Days Payables Outstanding	6.98
Days Inventory Outstanding	0.00
Operating Cycle	85.80
Cash Conversion Cycle	85.80
Asset Turnover	1.87

Metric
Operating Cash Flow	59.42M
Free Cash Flow	54.32M
Cash Flow to Debt	0.33
Operating Cash Flow/Sales	0.16
Free Cash Flow Yield	0.01

Metric
Cash & Equivalents
Accounts Receivable	-33.14M
Inventory
Goodwill
Debt to Capitalization	0.40
Debt to Assets	0.29
Current Ratio	2.57
Quick Ratio	2.44

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.29
R&D to Revenue	0.37
SG&A to Revenue	0.16