And while management commentary for many other software companies have pointed to a near-term recovery in sales momentum, Atlassian struck a tone of caution for the coming year, shocking investors who thought Atlassian may be insulated from the impacts of the pandemic. As a result, Atlassian's premium valuation is at risk of fading away. Even after the earnings drop, at current share prices near $175, Atlassian's market cap is $43.35 billion; and after netting off the $2.16 billion of cash and $889 million of debt on Atlassian's Q4 balance sheet, its enterprise value is $41.64 billion. Versus Wall Street's consensus FY21 revenue target of $1.96 billion for the coming year (per Yahoo Finance and representing +22% y/y - though after