Follow-Ups: ASAN - Still Early In The Journey

Summary * MNDY continues with excellent execution at the top and bottom lines. * During this update we make a number of comparisons between MNDY and ASAN to help investors better understand MNDY's strengths. * We dive into mondayDB and how it may impact the vendor's gross margins. We also review MNDY's other promising products that compliment its core work management platform. * Relatively speaking, MNDY's stock looks attractive but the DCF valuation indicates fair value range, suggesting t

Summary * MNDY continues to delight investors by delivering excellent operating leverage while not letting. * We review MNDY's new products, such as monday CRM, monday Dev,. * Specifically, mondayDB, MNDY's new backend architecture, could be a significant catalyst for CRM and its efforts in GenAI. * We discuss a

Summary * There is extremely dense competition in the work productivity space but as we’ve explained in prior reports, it is a space primed for a (few) winner(s) takes all scenario. * The deteriorating funding landscape for startups (exacerbated by the SVB collapse), give leading work management players like MNDY