Talend SA doubled its big data and cloud businesses in the fourth quarter, boosting revenues by 45 percent and subscription revenues by 48 percent from a year ago.

Today’s earnings report from the data integration company, which had one of the most prominent initial public offerings in the enterprise tech sector in 2016, pleased investors, who bid up its stock about 4 percent in after-hours trading. Talend offered revenue and profit guidance for 2017 that modestly topped analysts’ estimates.

The company’s net loss for 2016 grew slightly to $20.9 million from $19.2 million a year earlier, but fell as a percentage of revenue. Net loss per share shrank to 13 cents in the fourth quarter from 29 cents in 2015. Losses for the year fell to 83 cents from 85 cents.

More importantly, according to the company, Talend was free-cash-flow-positive in the fourth quarter and for the full year 2016, hitting targets it set at the time of its IPO last July. Talend has said that it won’t pursue a strategy of growth at all costs but will instead stress positive cash flow as it expands. The company recorded more than 1,500 active subscription customers in the fourth quarter. Its headcount grew to 679 employees from 524 the year earlier.

Net cash flow also broke into the black for the quarter and the year, with cash from operating activities coming in at $2.4 million for the quarter and $3.4 million for the year, reversing deficits of $3.8 million and $10 million for the respective year-earlier periods. “This is the first time in the company’s history that we are free cash flow positive on an annual basis,” said Chief Financial Officer Thomas Tuchscherer.

The company touted growing demand for its big data and cloud products as evidence that it’s on the right strategic track. Those businesses “delivered more than 100 percent growth and it’s more than half of our sales today,” said Chief Executive Mike Tuchen (pictured). “As that makes up a larger and larger part of the business, it’s just naturally pushing everything up.”

Tuchen said new customers in the quarter included a global insurance company with more than 100 million clients, as well as two of the top 10 pharmaceutical companies. The company is also increasing the size of its subscription deals, with 224 customers paying more than $100,000 in annual subscriptions in the fourth quarter, more than double a year ago.

“We believe our ability to expand and retain subscription revenue over time is indicative of our position as a strategic solutions provider,” Tuchen said.

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