![]() ![]() Digital and back-office transformation continue to be at the forefront as companies strive to build agility and resiliency in their businesses amid current and future uncertainty.Īs a result, Business Spend Management is squarely in the spotlight. By new business, I'm referring to recurring revenue from new logos and add-ons and new add-ons from existing customers. ![]() Looking back at fiscal '22, our core business is healthy and strong, and our new business grew more than 60% compared to fiscal '21. We also achieved record-adjusted free cash flows of $61 million for Q4 and $156 million for fiscal 2022. In Q4, we delivered record results in multiple areas, including $193 million of total revenue and $318 million of calculated billings. Now as we look to the results of our business, let me start by sharing a few financial highlights from the fourth quarter, our 52nd quarter of execution as a company. We'll continue to look for ways to do more, both in terms of financial support and through various avenues across our global Coupa community. Obviously, none of us know how long this conflict will last, but we all know the humanitarian crisis that will be with us for a long time to come.īecause of this, we're matching employee contributions to appropriate global humanitarian organizations, and we're making a sizable donation to the International Committee of the Red Cross. We're also working with our customers that have suppliers in Ukraine, Russia, and Belarus to reroute supply basis and keep business moving forward as best as possible. Nonetheless, we are, first and foremost, focused on supporting the safety and well-being of the small team of contractors we do have there. Our business has very limited direct exposure in the region. ![]() Our hearts are with everyone impacted by this crisis, and we hope for a speedy resolution and certainly for peace. Before I share our business results for the quarter, let me first convey how saddened we all are by what's happening in Ukraine and throughout the region. ![]()
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