Atlassian Corporation Plc (NASDAQ:TEAM) Q4 2020 Earnings Conference Call - Final Transcript

Jul 30, 2020 • 05:00 pm ET


Atlassian Corporation Plc (NASDAQ:TEAM) Q4 2020 Earnings Conference Call - Final Transcript


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Good afternoon. Thank you for joining Atlassian's Earnings Conference Call for the Fourth Quarter of Fiscal 2020. [Operator Instructions]

I will now hand the call over to Matt Sonefeldt, Atlassian's Head of Investor Relations.

Matt Sonefeldt

Thank you. Good afternoon and welcome to Atlassian's fourth quarter fiscal 2020 earnings call. Thank you for joining us today. On the call today, we have Atlassian's Co-founders and Co-CEOs, Scott Farquhar and Mike Cannon-Brookes; and our Chief Financial Officer, James Beer.

Earlier today, we issued a press release and a shareholder letter with our financial results and commentary for our fourth quarter of fiscal 2020. These items were also posted on the Investor Relations section of Atlassian's website. On our IR site, we also have posted a supplemental presentation and data sheet. During the call, we'll make brief opening remarks and then spend the remainder of time on Q&A.

Statements made on this call include forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results performance or achievements expressed or implied by the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management's beliefs and assumptions only as of the date such statements are made, and we disclaim any obligation to update or revise them should they change or cease to be up to date.

Further information on these and other factors that could affect the Company's financial results are included in the filings we make with the Securities and Exchange Commission from time to time, including the section titled Risk Factors in our most recent Form 20-F and quarterly 6-K.

In addition, during today's call, we will discuss non-IFRS financial measures. These non-IFRS financial measures are in addition to and not a substitute for or superior to measures of financial performance prepared in accordance with IFRS. There are a number of limitations related to the use of these non-IFRS financial measures versus their nearest IFRS equivalents and may be different from non-IFRS and non-GAAP measures used by other companies. A reconciliation between IFRS and non-IFRS financial measures is available in our earnings release and our shareholder letter and in our updated investor data sheet on the IR website.

During Q&A, please ask your full question upfront so that we can easily move through to the next speaker. Also, please be patient if we encounter any disruption or challenging logistics given we're individually dialing in from around the world.

With that, I'll turn the call over to Scott for opening remarks.

Scott Farquhar

Thank you, everyone for joining today and for your continued support. We want to start by saying we hope you and your loved ones are healthy. This is a dynamic moment in time for everyone, including our customers and our employees. As you've hopefully read in our shareholder letter, we had strong business results in Q4 and the full year. We now serve over 174,000 customers,