Should You Buy This Mid Cap Tech Stock-WK

Acrobull Canada Advisory Inc.

July 15			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Workiva Inc.	WK-NYSE	Technology		$3.726 Billion	Medium

Workiva Inc., along with its subsidiaries, offers cloud-based reporting solutions across the Americas and globally. Its flagship product, the Workiva platform, is a multi-tenant cloud software that enables data linking, provides audit trail functionality, allows for administrative access management, and facilitates the connection and transformation of data from various enterprise resource planning (ERP) systems.

Recent Highlights

In Q1 2025, Workiva achieved an impressive 20% growth in subscription revenue, demonstrating strong demand for its platform. The company's Gross Retention Rate remained robust, reflecting its ability to retain and serve existing customers effectively.

Additionally, the Net Retention Rate highlights sustained expansion within the customer base, underscoring the company's ability to drive both customer retention and growth through upselling and cross-selling efforts.

First Quarter 2025 Highlights

Revenue- Total revenue reached $206 million, a 17% increase from $176 million in Q1 2024, Subscription and support revenue was $186 million, up 20% year-over-year, Professional services revenue remained flat at $21 million, consistent with Q1 2024.

Gross Margin- GAAP gross margin was 76.6%, compared to 76.4% in the same period last year, Non-GAAP gross margin improved to 78.7%, up from 77.7% in Q1 2024.

Operating Margin- GAAP operating margin was (12.0)%, compared to (10.3)% in Q1 2024, Non-GAAP operating margin was 2.4%, down from 3.4% in the prior year’s first quarter.

GAAP Net Loss- Reported net loss was $(21) million, compared to a $(12) million loss in Q1 2024, Net loss per basic and diluted share was $(0.38), versus $(0.21) in Q1 2024.

Stock Observation- The company has reported good financial results in the first quarter of 2025 reflecting positive growth, however the company also saw net loss increasing from $12 million to $21 Million, overall the company financial results remained above average. The RSI level for the stock is at 51 shows close to oversold conditions.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull Canada Advisory Inc. maintains Customer Choose Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull Canada Advisory Inc. only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull Canada Advisory Inc. would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull Canada Advisory Inc. is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull Canada Advisory Inc. does not guarantee returns.

Acrobull Recommendation Based on Evaluation

Current Market Price	$66.86 USD
Acrobull Recommendation	Buy
Target Price	$76.25 USD
RSI Level	14 Day RSI 51
Total Shares Outstanding	129.74 Million
Shares held by Insiders Shares held by Institutions Risk Factor Stop Loss	1.17% 100.17% Medium 5%