Quotient Technology Intrinsic Stock Value – QUOTIENT TECHNOLOGY Reports Second Quarter Financial Results for FY2023
August 15, 2023
🌥️Earnings Overview
On August 8, 2023, QUOTIENT TECHNOLOGY ($NYSE:QUOT) released its financial results for the second quarter of FY2023, which ended on June 30, 2023. Revenue totaled USD 65.7 million, a decrease of 5.1% year-on-year. Net income decreased from -43.4 million in the same quarter of the prior year to -15.9 million.
Share Price
The company’s stock opened at $4.0 and closed the day at $4.0, representing a 0.3% decrease compared to its prior closing price of $4.0. This was largely driven by increased demand for the company’s products and services across the industry. This was mainly attributed to cost savings achieved through more efficient operations and tight control over production costs.
Overall, QUOTIENT TECHNOLOGY recorded positive results in the second quarter, with strong sales growth and improved profitability. The company is confident that it will continue to expand its market share and generate higher profits in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Quotient Technology. More…
| Total Revenues | Net Income | Net Margin |
| 266.03 | -40.42 | -15.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Quotient Technology. More…
| Operations | Investing | Financing |
| 5.39 | -21.06 | -154.48 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Quotient Technology. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 326.24 | 170.6 | 1.58 |
Key Ratios Snapshot
Some of the financial key ratios for Quotient Technology are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -13.8% | – | -13.0% |
| FCF Margin | ROE | ROA |
| -5.9% | -13.4% | -6.6% |
Analysis – Quotient Technology Intrinsic Stock Value
At GoodWhale, we conducted an analysis of QUOTIENT TECHNOLOGY‘s wellbeing. After careful consideration, our proprietary Valuation Line revealed that the intrinsic value of QUOTIENT TECHNOLOGY share is around $4.3. However, this value is not reflected in the current market price. Right now, QUOTIENT TECHNOLOGY stock is traded at $4.0, a fair price that is still slightly undervalued by 6.9%. In other words, there is a great buying opportunity if you are willing to invest in QUOTIENT TECHNOLOGY shares. More…
Peers
The company competes with Townsquare Media Inc, Direct Digital Holdings Inc, and Engage:BDR Ltd.
– Townsquare Media Inc ($NYSE:TSQ)
Townsquare Media Inc is a media and entertainment company that owns and operates radio stations and other media properties in the United States. The company has a market cap of 132.77M as of 2022 and a Return on Equity of 80.99%. Townsquare Media Inc is headquartered in Greenwich, Connecticut.
– Direct Digital Holdings Inc ($NASDAQ:DRCT)
Digital Direct Holdings Inc is a publicly traded company with a market capitalization of $7.5 million as of 2022. The company has a return on equity of 49.62%. Digital Direct Holdings Inc is a provider of digital marketing and advertising solutions. The company offers a suite of online marketing tools and services including website design and development, search engine optimization, social media marketing, and email marketing.
Summary
Investors in QUOTIENT TECHNOLOGY should be aware of the company’s declining revenue and net income. While total revenue decreased by 5.1% compared to the same period last year, net income decreased by a larger amount, from negative 43.4 million to negative 15.9 million. This could be a sign of financial difficulty for the company, and investors should carefully consider this before investing. In addition, the company’s performance going forward should be monitored closely to assess how the company is responding to the decrease in revenue and net income.
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