Overview
- IndustryServices-Computer Programming, Data Processing, Etc.2
- HeadquartersClearwater, United States2
- Incorporated inDE4
- Business address33 North Garden Avenue, Suite 1200, Clearwater, Fl 337554
- Filer category, Emerging growth company4
- Legal formCorporation2
- LEI64883ZJ0RS5039H4PN242
- StatusActive2
- LEI statusIssued and current2
- Registered addressCORPORATION TRUST CENTER 1209 ORANGE ST, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 48584732
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue14¢$35.1M
- Other costs84¢$206.9M
- Interest0¢$396.0K
- Income tax2¢$3.9M
Out of $246.3M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2021
- Capital spending4¢$3.0M
- Share buybacks2¢$1.2M
- Kept or used elsewhere95¢$72.6M
Out of $76.8M of cash from operations.3
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| Revenue | $120.6M3 | $174.9M3 | $246.3M3 | |
| Cost of revenue | $20.6M3 | $26.7M3 | $35.1M3 | |
| Gross profit | $100.0M3 | $148.2M3 | $211.2M3 | |
| Operating expenses | $217.8M3 | |||
| Operating income | -$125.5M3 | -$1.5M3 | -$6.6M3 | |
| Interest | $47.0K3 | $60.0K3 | $396.0K3 | |
| Income before tax | -$8.0M3 | |||
| Income tax | -$367.0K3 | $1.8M3 | $3.9M3 | |
| Net income | -$124.3M3 | -$2.4M3 | -$11.8M3 | |
| Earnings per share | -$1.913 | -$0.063 | -$0.103 | |
| Earnings per share (diluted) | -$1.913 | -$0.063 | -$0.103 | |
| Shares (weighted, basic) | 116.9M shares3 | |||
| Shares (weighted, diluted) | 116.9M shares3 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| Cash | $44.6M3 | $48.9M3 | $85.6M3 | $273.7M3 |
| Receivables | $54.1M3 | |||
| Current assets | $143.5M3 | $356.2M3 | ||
| Property, plant and equipment | $9.1M3 | |||
| Goodwill | $89.3M3 | |||
| Intangible assets | $8.0M3 | |||
| Total assets | $218.2M3 | $537.7M3 | ||
| Accounts payable | $5.6M3 | |||
| Current liabilities | $149.0M3 | $225.1M3 | ||
| Total liabilities | $221.4M3 | $320.4M3 | ||
| Retained earnings | -$173.1M3 | |||
| Shareholders’ equity | $10.5M3 | -$5.0M3 | -$3.2M3 | $217.3M3 |
| Shares outstanding | 42.3M shares3 | 0 shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| Cash from operations | $29.7M3 | $44.9M3 | $76.8M3 | |
| Depreciation and amortization | $13.6M3 | |||
| Stock-based compensation | $29.3M3 | |||
| Capital spending | $5.6M3 | $5.4M3 | $3.0M3 | |
| Free cash flow | $24.1M | $39.4M | $73.8M | |
| Cash from investing | -$39.3M3 | |||
| Dividends paid | $10.0M3 | $03 | $03 | |
| Share buybacks | $339.9M3 | $4.9M3 | $1.2M3 | |
| Cash from financing | $151.2M3 | |||
| Dividend per share | $0.003 | $0.003 |
Corporate structure
KnowBe4, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of KnowBe4, Inc.
- ArrowMark Colorado Holdings LLC Filed SC 13G on KnowBe4, Inc., latest Feb 15, 2023 (2 filings since Feb 14, 2022)
- PRINCIPAL GLOBAL INVESTORS Filed SC 13G/A on KnowBe4, Inc., latest Feb 15, 2023 (2 filings since Feb 15, 2022)
- EVENTIDE ASSET MANAGEMENT, LLC Filed SC 13G/A on KnowBe4, Inc., latest Feb 14, 2023 (2 filings since Feb 10, 2022)
- KKR Knowledge Investors L.P. Filed SC 13D/A on KnowBe4, Inc., latest Feb 10, 2023 (4 filings since Feb 10, 2022)
- VANGUARD GROUP INC Filed SC 13G/A on KnowBe4, Inc., latest Feb 9, 2023 (3 filings since Feb 10, 2022)
- Goldman Sachs Filed SC 13G/A on KnowBe4, Inc., latest Feb 8, 2023 (2 filings since Feb 14, 2022)
- Elephant Partners GP I, LLC Filed SC 13D/A on KnowBe4, Inc., latest Feb 7, 2023 (4 filings since Feb 8, 2022)
- VEPF VII SPV I, L.P. Filed SC 13D/A on KnowBe4, Inc., latest Feb 3, 2023 (4 filings since Sep 19, 2022)
- Invesco Filed SC 13G/A on KnowBe4, Inc., latest Jan 10, 2023 (5 filings since Nov 10, 2021)
- FMR LLC Filed SC 13G/A on KnowBe4, Inc., latest Dec 12, 2022 (3 filings since Feb 9, 2022)
- Sjouwerman Enterprises Limited Partnership Filed SC 13D/A on KnowBe4, Inc., latest Dec 6, 2022 (2 filings since Oct 21, 2022)
- Allianz Global Investors U.S. Holdings LLC Filed SC 13G/A on KnowBe4, Inc., latest Aug 9, 2022 (2 filings since Feb 14, 2022)
- KnowBe4, Inc. Clearwater, Florida, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What KnowBe4, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Computer equipment and software | $16.7M3 Dec 31, 2021 | $15.1M3 Dec 31, 2020 | +10.7% |
| Property and equipment, before depreciation | $17.7M3 Dec 31, 2021 | $16.9M3 Dec 31, 2020 | +5.0% |
| Accumulated depreciation | $8.6M3 Dec 31, 2021 | $6.6M3 Dec 31, 2020 | +30.3% |
| Property and equipment, net | $9.1M3 Dec 31, 2021 | $10.3M3 Dec 31, 2020 | −11.3% |
| Operating-lease assets (leased space) | $13.0M3 Dec 31, 2021 | $12.1M3 Dec 31, 2020 | +7.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $273.7M3 Dec 31, 2021 | $85.6M3 Dec 31, 2020 | +219.8% |
Intangibles and goodwill
Leadership
Who has led KnowBe4, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerSjoerd Sjouwerman Apr 21, 2021 to Feb 3, 20238
- PresidentShrikrishna Venkataraman Apr 21, 2021 to Feb 24, 20229
- Chief financial officerRobert F. Reich Mar 14, 2022 to Feb 3, 202310
- Chief financial officerShrikrishna Venkataraman Apr 21, 2021 to Feb 24, 20229
Board members and other officers (9)
- OfficerLars Letonoff Apr 21, 2021 to Feb 3, 202311
- Board memberShrikrishna Venkataraman Jun 13, 2022 to Feb 3, 202312
- Board memberGerhard Watzinger Apr 21, 2021 to Feb 3, 202313
- Board memberJeremiah Daly Apr 21, 2021 to Feb 3, 202314
- Board memberJoseph P. Disabato Apr 21, 2021 to May 18, 202215
- Board memberKara Wilson Apr 21, 2021 to Feb 3, 202316
- Board memberKevin Klausmeyer Apr 21, 2021 to Feb 3, 202317
- Board memberSjoerd Sjouwerman Apr 21, 2021 to Feb 3, 20238
- Board memberStephen Robert Shanley Apr 21, 2021 to Apr 21, 202118
Timeline
- Feb 6, 20238-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale19
- Jan 24, 20238-K Results of operations20
- Dec 8, 20228-K Entered a material agreement; Executive or director change; Other events21
- Nov 14, 20228-K Results of operations22
- Oct 13, 20228-K Entered a material agreement23
- Oct 12, 20228-K Other events24
- Sep 19, 20228-K Other events25
- Aug 4, 20228-K Results of operations26
- May 18, 20228-K Shareholder vote27
- May 10, 20228-K Results of operations28
- Mar 25, 20228-K Executive or director change29
- Mar 18, 20228-K Other events30
- Apr 21, 2021New chief executive Sjoerd Sjouwerman becomes CEO8
- Aug 10, 2010Founded KnowBe4, Inc. is founded2
Calendar
When it reported results
- Jan 24, 2023Reported quarterly or annual results20
- Nov 14, 2022Reported quarterly or annual results22
- Aug 4, 2022Reported quarterly or annual results26
- May 10, 2022Reported quarterly or annual results28
- Feb 16, 2022Reported quarterly or annual results31
- Nov 3, 2021Reported quarterly or annual results32
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
175 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 15 major events, 76 insider forms, 42 large holders, 37 other. The latest 20:
- Feb 15, 2023SC 13G EDGAR
- Feb 15, 2023SC 13G/A EDGAR
- Feb 14, 2023SC 13G/A EDGAR
- Feb 13, 202315-12G EDGAR
- Feb 10, 2023SC 13D/A EDGAR
- Feb 9, 2023SC 13G/A SCHEDULE 13G/A EDGAR
- Feb 8, 2023SC 13G/A EDGAR
- Feb 7, 2023SC 13D/A EDGAR
- Feb 7, 2023SC 13E3/A SC 13E-3/A EDGAR
- Feb 7, 2023S-8 POS EDGAR
- Feb 7, 2023S-8 POS EDGAR
- Feb 7, 2023UPLOAD EDGAR
- Feb 6, 20238-K EDGAR
- Feb 3, 20234 EDGAR
- Feb 3, 20234 EDGAR
- Feb 3, 20234 EDGAR
- Feb 3, 20234 EDGAR
- Feb 3, 20234 EDGAR
- Feb 3, 20234 EDGAR
- Feb 3, 20234 EDGAR
The 175 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
40 open-market trades by officers, directors and large owners since October 2021: 0 buys and 40 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 1, 2022 | KLAUSMEYER KEVINDirector | Sale | 13,068 | $24.66 | $322.3K | Form 4 |
| Nov 1, 2022 | KLAUSMEYER KEVINDirector | Sale | 13,068 | $24.63 | $321.9K | Form 4 |
| Oct 25, 2022 | Venkataraman ShrikrishnaDirector | Sale | 88,299 | $24.55 | $2.2M | Form 4 |
| Oct 24, 2022 | Venkataraman ShrikrishnaDirector | Sale | 158,286 | $24.52 | $3.9M | Form 4 |
| Oct 21, 2022 | Venkataraman ShrikrishnaDirector | Sale | 28,105 | $24.50 | $688.6K | Form 4 |
| Oct 18, 2022 | Venkataraman ShrikrishnaDirector | Sale | 350 | $24.50 | $8.6K | Form 4 |
| Oct 14, 2022 | Venkataraman ShrikrishnaDirector | Sale | 12,800 | $24.50 | $313.6K | Form 4 |
| Oct 6, 2022 | KLAUSMEYER KEVINDirector | Sale | 7,260 | $23.00 | $167.0K | Form 4 |
| Oct 3, 2022 | KLAUSMEYER KEVINDirector | Sale | 11,616 | $21.24 | $246.7K | Form 4 |
| Sep 19, 2022 | Venkataraman ShrikrishnaDirector | Sale | 86,156 | $22.02 | $1.9M | Form 4 |
| Sep 19, 2022 | Letonoff LarsSee remarks | Sale | 198,700 | $21.83 | $4.3M | Form 4 |
| Sep 19, 2022 | KLAUSMEYER KEVINDirector | Sale | 11,616 | $21.66 | $251.6K | Form 4 |
| Sep 8, 2022 | KLAUSMEYER KEVINDirector | Sale | 5,608 | $19.04 | $106.8K | Form 4 |
| Sep 1, 2022 | KLAUSMEYER KEVINDirector | Sale | 3,104 | $17.43 | $54.1K | Form 4 |
| Aug 26, 2022 | Letonoff LarsSee remarks | Sale | 200 | $20.04 | $4.0K | Form 4 |
| Aug 10, 2022 | KLAUSMEYER KEVINDirector | Sale | 11,616 | $19.11 | $222.0K | Form 4 |
| Aug 4, 2022 | KLAUSMEYER KEVINDirector | Sale | 2,904 | $17.34 | $50.4K | Form 4 |
| Jul 7, 2022 | KLAUSMEYER KEVINDirector | Sale | 2,904 | $17.00 | $49.4K | Form 4 |
| Jun 2, 2022 | KLAUSMEYER KEVINDirector | Sale | 5,808 | $19.00 | $110.4K | Form 4 |
| Jun 1, 2022 | KLAUSMEYER KEVINDirector | Sale | 2,904 | $17.78 | $51.6K | Form 4 |
All 40 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- ArrowMark Colorado Holdings LLCSC 13G, 2 filings Feb 14, 2022 to Feb 15, 202333
- PRINCIPAL GLOBAL INVESTORSSC 13G/A, 2 filings Feb 15, 2022 to Feb 15, 202334
- EVENTIDE ASSET MANAGEMENT, LLCSC 13G/A, 2 filings Feb 10, 2022 to Feb 14, 202335
- KKR Knowledge Investors L.P.SC 13D/A, 4 filings Feb 10, 2022 to Feb 10, 202336
- VANGUARD GROUP INCSC 13G/A, 3 filings Feb 10, 2022 to Feb 9, 202337
- Goldman SachsSC 13G/A, 2 filings Feb 14, 2022 to Feb 8, 202338
- Elephant Partners GP I, LLCSC 13D/A, 4 filings Feb 8, 2022 to Feb 7, 202339
- VEPF VII SPV I, L.P.SC 13D/A, 4 filings Sep 19, 2022 to Feb 3, 202340
- InvescoSC 13G/A, 5 filings Nov 10, 2021 to Jan 10, 202341
- FMR LLCSC 13G/A, 3 filings Feb 9, 2022 to Dec 12, 202242
- Sjouwerman Enterprises Limited PartnershipSC 13D/A, 2 filings Oct 21, 2022 to Dec 6, 202243
- Allianz Global Investors U.S. Holdings LLCSC 13G/A, 2 filings Feb 14, 2022 to Aug 9, 202244
- Voya FinancialSC 13G, 1 filing Aug 4, 202245
- ETF MANAGERS GROUP, LLCSC 13G/A, 3 filings Oct 6, 2021 to Mar 18, 202246
- Whale Rock Capital Management LLCSC 13G/A, 1 filing Feb 14, 202247
- Kevin MitnickSC 13G, 1 filing Feb 11, 202248
- NORGES BANKSC 13G/A, 1 filing Feb 9, 202249
SEC filer profile
How KnowBe4, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARKnowBe4, Inc.1
- CIK0001664998
- Employer ID (EIN)27-32059191
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.1
- Business address33 North Garden Avenue, Suite 1200, Clearwater, FL 337551
- Phone(855) 566-92341
- Public float$2.2B as of Jun 30, 20213
- On EDGAR sinceFeb 3, 20161
- Filings284 in all: 4 (109), SC 13G/A (26), 3 (17), 8-K (17), SC 13G (16), DEFA14A (12), CORRESP (10), SC 13D/A (9)1
All 36 form types
UPLOAD (8), 10-Q (6), D (5), S-1/A (4), SC 13D (4), 4/A (3), 424B4 (3), DRS (3), EFFECT (3), S-1 (3), SC 13E3/A (3), DEFR14A (2), DRS/A (2), DRSLTR (2), S-1MEF (2), S-8 (2), S-8 POS (2), 10-K (1), 15-12G (1), 25-NSE (1), 8-A12B (1), CERT (1), CT ORDER (1), DEF 14A (1), DEFM14A (1), PREM14A (1), PRER14A (1), SC 13E3 (1)
- Latest filingsAnnual report (10-K) Mar 10, 2022
Quarterly report (10-Q) Nov 14, 2022
Proxy statement (DEF 14A) Apr 6, 2022
Latest 8-K (8-K) Feb 6, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARKnowBe4, Inc. filings on SEC EDGAR
- 2
- 3SEC EDGARKnowBe4, Inc. 10-K for fiscal 2021
- 4SEC EDGARKnowBe4, Inc. filings on SEC EDGAR
- 5SEC EDGARKnowBe4, Inc. 10-Q for fiscal 2022
- 6SEC EDGARKnowBe4, Inc. 10-Q for fiscal 2022
- 7SEC EDGARKnowBe4, Inc. 10-Q for fiscal 2022
- 8
- 9SEC EDGARShrikrishna Venkataraman, President
- 10
- 11SEC EDGARLars Letonoff, Officer
- 12
- 13SEC EDGARGerhard Watzinger, Board member
- 14SEC EDGARJeremiah Daly, Board member
- 15SEC EDGARJoseph P. Disabato, Board member
- 16SEC EDGARKara Wilson, Board member
- 17SEC EDGARKevin Klausmeyer, Board member
- 18SEC EDGARStephen Robert Shanley, Board member
- 19
- 20SEC EDGARResults of operations
- 21
- 22SEC EDGARResults of operations
- 23SEC EDGAREntered a material agreement
- 24SEC EDGAROther events
- 25SEC EDGAROther events
- 26SEC EDGARResults of operations
- 27SEC EDGARShareholder vote
- 28SEC EDGARResults of operations
- 29SEC EDGARExecutive or director change
- 30SEC EDGAROther events
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41SEC EDGARInvesco SC 13G/A on KnowBe4, Inc.
- 42SEC EDGARFMR LLC SC 13G/A on KnowBe4, Inc.
- 43
- 44
- 45
- 46
- 47
- 48
- 49