The company’s losses are shrinking, from $14 million in 2017, to $8.2 million in 2018 and just $7.5 million in the year ending January 2019. The company similarly more than doubled revenues from 2017 to 2018, wrapping fiscal year 2017 with $60.8 million in revenue and 2018 with $151.5 million. Zoom, which has raised a total of $145 million to date, posted $330 million in revenue in the year ending January 31, 2019, a remarkable 2x increase year-over-year, with a gross profit of $269.5 million. Revenue for 2020 was at 2.65 billion whereas in 2019 it was at 622.66 million. The Zoom Video Communications 52-week high stock price is 553.86, which is 99.5 above the. According to the financial statement from Zoom, the market cap of the communications technology company is at 89.126 billion with total assets worth 6.509 billion.
The all-time high Zoom Video Communications stock closing price was 568.34 on October 19, 2020. (ZM) stock quote, history, news and other vital information to help you with your stock trading and investing. The latest closing stock price for Zoom Video Communications as of Octois 277.58. Find the latest Zoom Video Communications, Inc. That characteristic has likely fueled demand for its IPO, especially as several other unprofitable unicorns transition to the public markets. Historical daily share price chart and data for Zoom Video Communications since 2021 adjusted for splits.
The company is a rare breed of unicorn: A profitable one. Zoom is backed by Emergence Capital, which owns a 12.2 percent pre-IPO stake Sequoia Capital (11.1 percent) Digital Mobile Venture, a fund affiliated with former Zoom board member Samuel Chen (8.5 percent), and Bucantini Enterprises Limited (5.9 percent), a fund owned by Chinese billionaire Li Ka-shing.
#Zoom share price series
The company, however, has been valued much higher on the secondary market since its $115 million Series D in 2017.
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