Impending IPO DocuSign , filling the market in on its calendar 2017 performance. The information was notably missing from its prior document, which only showed performance through January of last year due to the company’s fiscal calendar.

The new doc, however, is the聽usual treasure trove for financial dorks. It’s got all the guts and bolts you could hope for from a company that has been around as .

But, since it’s Friday and we all need som help, here are the critical notes:

• Revenue Up: DocuSign’s top line grew from $381.5 million to $518.5 million in its most recent fiscal year, expansion of around 36 percent. That seems a solid figure given the scale of DocuSign’s business. It’s not the fastest number we’ve seen, mind, but the results indicate that DocuSign has kept growing its subscription business (93 percent of its revenue in the most recent fiscal year) without, as we’ll shortly see, spending all the money in the world.
• Losses Down:聽The firm’s GAAP net loss fell from $115.4 million in its fiscal year ending January 31, 2017, to $52.3 million in its most recent fiscal year. That’s a solid ramp down, as revenue grew. Here’s evidence that you can expand a SaaS business at scale while losing聽less money over time. (And, just under $30 million of that $52.3 million figure stemmed from share-based compensation costs.)
• Cash Burn Down:聽DocuSign’s free cash flow (operating cash flow + investing cash flow + financing cash flow) rose from -$48.1 million in its fiscal year ending early 2017, to positive $36.1 million in its most recent fiscal year. Operating cash flow grew to nearly $55 million during the same period, up from -$4.8 million the year before.
• Recur This: Here’s a kinda weird one. DocuSign’s dollar-based net retention rate (you can read its definition on if you want to vet its strictness) of 115 percent was flat from the year prior — again. Indeed, for every fiscal year that we have on record, DocuSign put up a 115 percent figure for this metric.

So, there you go. That’s the highest possible level. We’ll have some more notes when it prices. In the meantime, stay out of the rain!

Illustration Credit:

From The聽:

Global VC dealmaking surges in Q1

• Global venture capital deal and dollar volume in the first quarter of the year eclipsed previous highs, setting fresh quarterly records for post-Dot Com Bubble startup investment. 小蓝视频色情网页版 projects nearly $77 billion worth of venture deals were completed last quarter, more than double levels from the same period last year, led by a jump in late stage investment.

• Crypto exchange聽聽announced that it is launching a venture capital arm, Coinbase Ventures, that will invest in currency and fintech startups. In other crypto news, another exchange聽, still recovering from a $400 million hack,聽聽to Tokyo-based online brokerage Monex Group.

• Grocery delivery unicorn聽聽is closing on $150 million in new funding from existing investors. It鈥檚 an extension of the company鈥檚 Series E round, which now totals $350 million at a $4.35 billion post-money valuation.

The scooters are taking over

• Scooter sharing companies are scaling up in a big way. The most prominent is聽, which made headlines this month after scoring a $100 million Series B. But a number of other startups across the globe are also navigating the space.