Intuitive Machines Intrinsic Value Calculator – INTUITIVE MACHINES Reports Q2 Earnings Results for FY2023, Ending June 30 2023.
August 21, 2023
🌥️Earnings Overview
INTUITIVE MACHINES ($NASDAQ:LUNR) released their financial results for Q2 of the fiscal year 2023 (ending June 30 2023) on August 14 2023. The total revenue for the quarter was USD 18.0 million, a decrease of 6.4% from the same quarter in 2022. Net income for the quarter was USD 29.5 million, compared to a net loss of 0.0 million in the same period of the prior year.
Market Price
On Monday, INTUITIVE MACHINES released their financial results for the second quarter of fiscal year 2023, ending June 30th 2023. INTUITIVE MACHINES’ stock opened at $8.4 and closed at $8.3, a decrease of 1.9% from its previous closing price of $8.5. This was attributed to cost-cutting initiatives undertaken by the company to improve their bottom line.
Overall, INTUITIVE MACHINES’ second quarter earnings results showed an improvement over the same period last year despite the current economic climate. The company is confident that their cost-cutting initiatives and focus on their core product lines will continue to strengthen their financial performance going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Intuitive Machines. More…
| Total Revenues | Net Income | Net Margin |
| 84.49 | 12.77 | 20.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Intuitive Machines. More…
| Operations | Investing | Financing |
| -3.85 | -31.2 | 53.54 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Intuitive Machines. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 95.76 | 774.03 | -42.26 |
Key Ratios Snapshot
Some of the financial key ratios for Intuitive Machines are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -4.4% |
| FCF Margin | ROE | ROA |
| -41.5% | 0.3% | -2.4% |
Analysis – Intuitive Machines Intrinsic Value Calculator
GoodWhale has conducted a detailed assessment of INTUITIVE MACHINES, and we believe their stock is currently undervalued. Using our proprietary Valuation Line, we have calculated the fair value of INTUITIVE MACHINES share to be around $10.7. At the time of writing, INTUITIVE MACHINES shares are trading at $8.3, representing an undervaluation of 22.7%. We believe investors should take advantage of this opportunity as INTUITIVE MACHINES has a strong business model and fundamentals. We have identified that they rely heavily on AI technology to power their products and services, and so far, it has delivered excellent results for the company. Additionally, our analysis has shown that INTUITIVE MACHINES has a solid balance sheet with low debt levels, and is well positioned for long-term growth. More…
Peers
Intuitive Machines Inc is an innovative technology and engineering company that provides cutting-edge solutions to complex problems. It has various competitors in the industry such as Seafarer Exploration Corp, CAM Group Inc, and Ault Alliance Inc, all of which offer their own unique expertise to this sector. Intuitive Machines Inc strives to stay ahead of the competition by providing innovative solutions that are designed to meet the needs of their customers.
– Seafarer Exploration Corp ($OTCPK:SFRX)
Seafarer Exploration Corp is a publicly traded company that operates as an underwater salvage and exploration company. The company specializes in the research, documentation, exploration, recovery, and conservation of historic shipwrecks. Seafarer Exploration Corp has a market cap of 36 million as of 2023, and its Return on Equity (ROE) stands at 97.98%. This indicates that for every dollar of shareholders’ equity, Seafarer Exploration Corp is able to generate 97.98 cents in net income. This suggests that the company is being managed efficiently and is a good investment for shareholders.
– CAM Group Inc ($OTCPK:CAMG)
CAM Group Inc is a global company that specializes in the development and delivery of intelligent solutions for the digital transformation of products and services. The company has a market cap of 1.85M as of 2023, which indicates that it is a relatively small company in terms of market capitalization. At the same time, its Return on Equity of -2.99% indicates that the company’s profitability is lower than its peers in the same industry. CAM Group Inc offers a range of solutions that enable companies to better manage their digital transformation needs, including cloud-based solutions, data analytics, software development, and more.
– Ault Alliance Inc ($NYSEAM:AULT)
Ault Alliance Inc is a Canadian-based financial services and asset management firm that provides diversified services to institutional, retail, and private clients. The company has a market cap of 38.96M as of 2023, which indicates its position as a mid-sized company in the market. Additionally, the Return on Equity (ROE) of -9.79% reveals that the company is struggling to generate a positive return for its shareholders. This could be attributed to a variety of factors such as poor management, high debt levels, and/or declining profitability. Nevertheless, Ault Alliance Inc continues to be a leading player in its industry and is committed to providing quality service to its clients.
Summary
INTUITIVE MACHINES reported its Q2 FY2023 earnings results on August 14 2023, showing total revenue of USD 18.0 million, a 6.4% decline from the same period in the previous year. Net income for the quarter was USD 29.5 million, compared to a net loss of 0.0 million in the same period last year. These results indicate that INTUITIVE MACHINES is performing favorably and is a promising investment opportunity.
Investors should consider the company’s long-term growth potential, current financial strength, business operations, and management team before investing. With its strong performance and promising outlook, INTUITIVE MACHINES is an attractive investment opportunity for those looking for high returns.
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