Monday.Com Launches New APAC HQ In Sydney

Monday.Com Ltd MNDY inaugurated its new Asia-Pacific (APAC) headquarters in Sydney as the company continues to expand into Australia and the APAC region.
This location is in the heart of Sydney's CBD on 55 Market Street with over 1,000 square meters.
The new office opening follows monday.com's initial launch in Australia in June 2020 and demonstrates monday.com's commitment to the Australian market and APAC region.
Monday.Com scaled significantly with a 76% increase in headcount in Australia within the last year, prompting the need for a more prominent location and working space for the APAC region to come together.
"Since launching in Australia nearly three years ago, we've rapidly expanded our customer and partner ecosystem and are thrilled to see more companies come on board like Canva, Tourism Australia, Officeworks and Kmart," said Dean Swan, Regional Vice President Asia Pacific & Japan at monday.com.
In February, MNDY reported fourth-quarter FY22 revenue growth of 57% year-on-year to $149.9 million, beating the consensus of $141.2 million.
Non-GAAP EPS of $0.44 beat the consensus loss of $(0.37).
Price Action: MNDY shares traded higher by 0.96% at $149.41 on the last check Thursday.