Figma: 46% Growth At A Discount Amidst Software Apocalypse
Figma has demonstrated strong performance with a 46% year-over-year revenue growth and a net retention rate of 139%. The company is well-positioned with a solid balance sheet, holding $1.6 billion in cash and no debt. Analysts suggest that Figma's transition to a usage-based model could lead to further growth opportunities.
- ▪Figma reported a 46% year-over-year revenue growth.
- ▪The company achieved a net retention rate of 139%.
- ▪Figma has $1.6 billion in cash and no debt.
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