Atlassian Co-CEO Mike Cannon-Brookes. Photo credit: Katie Barget | TEDxSydney, under Creative Commons license

Software company Atlassian recently announced its financial results for the most recent quarter of this year, indicating revenues of $431 million, up 29% year-over-year, and a net loss of $385 million, up from $237 million during the same quarter of last year. The actual operating loss for the quarter came at $3 million, with a non-cash charge of $382 million accounting for the remaining loss. As of the end of its most recent quarter, Atlassian had $2.2 billion in cash and cash equivalents.

For the full year leading up the most recent quarter, Atlassian reported revenue of $1.6 billion, up 33% year-over-year, and $351 million in net losses, down from $638 million in the year before.

During the most recent quarter, Atlassian added about 3,000 new enterprise customers. The company also closed two acquisitions during the quarter. For the next quarter, Atlassian is predicting revenues of between $430 million to $445 million.