Assertion Supported AI assessment confidence: 95% certainty 5/5 debate potential 1/5

Simons: Atlassian had 10 consecutive years of profitability before IPO

Jay Simons · Jay Simons, President @ Atlassian - The Inside Story Through IPO · Jul 7, 2017 · at 2:21

Jay Simons, President of Atlassian, discusses why the company took 13 years to go public despite strong financial performance.

0:00 / 0:07exact quote · 7.4s

▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark

“Certainly, you know, we had 10 straight years of profitability. And 10 straight years of, you know, decent growth.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Atlassian had 10 consecutive years of profitability and consistent growth prior to going public.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

In Atlassian Corporation Plc's Form F-1 registration statement and prospectus filed with the U.S. Securities and Exchange Commission (SEC) ahead of its December 2015 IPO, the company explicitly disclosed that it maintained profitability and steady customer and revenue growth for each of the 10 fiscal years preceding its public listing (spanning fiscal years 2006 through 2015). Both parts of the statement—10 straight years of profitability and consistent growth—are verified by the regulatory filings.

Atlassian Corporation Plc Form F-1 (November 2015) explicitly states: 'Our model has allowed us to grow customers and revenue steadily while maintaining profitability for each of the last 10 fiscal years.'
SEC Form F-1 disclosed positive net income and positive free cash flow across all audited pre-IPO periods presented, confirming continuous profitability from FY2006 through FY2015.

Checked against

[1] sec.gov [2] 247wallst.com [3] sec.gov [4] sec.gov [5] sec.gov [6] sec.gov [7] sec.gov [8] sec.gov

"Atlassian" "revenue" "net income" "2005" OR "2006" OR "2007" OR "2008" OR "2009" OR "2010" Atlassian 10 consecutive years of profitability IPO F-1 SEC "Atlassian" "Form F-1" OR "prospectus" "net income" "profitability" "2015" "maintaining profitability for each of the last 10 fiscal years" "Atlassian" Atlassian financial history profitability before IPO ASIC filings

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Atlassian

⚑ Spot an error? Report it

More from Jay Simons

Insight

Simons: Needing human onboarding assistance is a bug in product-led growth

“The difference is, is that in our model, we identify that as a, kind of a bug in the model, right? It's something that we need to fix in the future. We don't want every single customer, if we're targeting 500,000, to have to raise their hand and for us to enga…”

Jay Simons Jul 7, 2017 ▶ 14:51 Jay Simons, President @ Atlassian - The Inside Story Through IPO

Assertion Supported

Jay Simons: Atlassian spends twice as much on R&D as on S&M

“We spend twice on R&D, you know, that, that we do in sales and marketing.”

Jay Simons Jul 7, 2017 ▶ 16:14 Jay Simons, President @ Atlassian - The Inside Story Through IPO

Assertion Not checkable as stated

Simons: Atlassian has 2,000 channel partner salespeople in the field

“And if you think about it, like, our sales force, you know, we've got 2000 salespeople that are out in the field. They're not employed by us, but they effectively do the same job. They're salespeople.”

Jay Simons Jul 7, 2017 ▶ 19:29 Jay Simons, President @ Atlassian - The Inside Story Through IPO

Opinion

Simons: The best-run companies are public companies

“We believe that the best run pub, you know, best run companies are public companies. And so I think, you know, operating as a public company applies some pressure, but also I think some discipline to how you run your business.”

Jay Simons Jul 7, 2017 ▶ 5:22 Jay Simons, President @ Atlassian - The Inside Story Through IPO

Insight

Simons: Pulling customer revenue forward damages long-term software company value

“Oftentimes, like, you know, when you do that, you create worse long-term value for your company, better short-term value because you're pulling all that revenue forward.”

Jay Simons Jul 7, 2017 ▶ 11:59 Jay Simons, President @ Atlassian - The Inside Story Through IPO

What-if

Simons: Atlassian could have gone public two to four years earlier

“So I think we had the profile of a company that could've gone public two or three or four years earlier.”

Jay Simons Jul 7, 2017 ▶ 2:29 Jay Simons, President @ Atlassian - The Inside Story Through IPO

Simons: Atlassian had 10 consecutive years of profitability before IPO

More from Jay Simons

Turn any episode into a week of clips.