Bridge Investment Intrinsic Value Calculator – BRIDGE INVESTMENT Reports Q2 Earnings Results for FY2023 on August 8th
August 15, 2023
🌥️Earnings Overview
On August 8 2023, BRIDGE INVESTMENT ($NYSE:BRDG) announced its financial results for the second quarter ending June 30 2023. Total revenue was recorded at USD 98.8 million, representing a slight decrease of 0.2% from the same quarter of the previous year. Net income for the quarter was USD -4.8 million, compared to a net income of USD 12.9 million in the year-ago quarter.
Market Price
On Tuesday, August 8th, BRIDGE INVESTMENT reported its earnings results for the second quarter of Fiscal Year 2023. The company’s stock opened at $11.5 and closed at $11.6, a drop of 6.2% from the prior closing price of 12.3. This marks a decline in its share price as investors responded to the earnings report. The report showed that despite the overall good performance of its investments, the company was still affected by the continuing market volatility.
In addition, the company’s expenses increased due to higher taxes and other expenses. As a result, the company’s earnings were lower than expected for the quarter. Despite the lower than expected earnings, BRIDGE INVESTMENT is still confident in its business model and strategy. It is continuing to invest in new technologies and industries to diversify its portfolio and increase its return on investment. The company’s management believes that these efforts will reduce market volatility and increase profits in the long term. Overall, market analysts are cautiously optimistic about BRIDGE INVESTMENT’s future, noting that the company is well-positioned to benefit from increased market activity as it continues to develop its portfolio. Investors should keep an eye on BRIDGE INVESTMENT’s stock in the coming months to see if the company is able to regain its prior levels of performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Bridge Investment. More…
| Total Revenues | Net Income | Net Margin |
| 396.15 | -1.87 | 16.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bridge Investment. More…
| Operations | Investing | Financing |
| 158.65 | -386.52 | 197.64 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Bridge Investment. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.35k | 730.72 | 2.61 |
Key Ratios Snapshot
Some of the financial key ratios for Bridge Investment are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.4% | 8.0% | 3.4% |
| FCF Margin | ROE | ROA |
| 39.0% | 9.9% | 0.6% |
Analysis – Bridge Investment Intrinsic Value Calculator
At GoodWhale, we conducted an analysis of BRIDGE INVESTMENT‘s wellbeing to help investors make informed decisions. Our proprietary Valuation Line calculated the fair value of BRIDGE INVESTMENT share to be around $14.4. Currently, BRIDGE INVESTMENT stock is being traded at $11.6, presenting a great opportunity for investors, as it is being undervalued by 19.2%. More…
Peers
The company’s competitors include Alta SA, Real Estate Split Corp, and Oswal Greentech Ltd.
– Alta SA ($LTS:0MEO)
Alta SA is a Chilean company engaged in the generation, transmission and distribution of electricity. The company has a market capitalization of 22.83 million as of 2022 and a return on equity of 2.67%. Alta SA is the largest electricity generator in Chile and the fourth largest in Latin America. The company operates hydroelectric, thermal and solar power plants in Chile, Peru, Argentina and Brazil.
– Real Estate Split Corp ($TSX:RS)
Real Estate Split Corp is a Canadian real estate investment trust that owns and operates a portfolio of commercial, office, and retail properties in major markets across Canada. The company has a market capitalization of $64.2 million as of 2022.
– Oswal Greentech Ltd ($BSE:539290)
Oswal Greentech Ltd is a publicly traded company with a market capitalization of 6.7 billion as of 2022. The company has a return on equity of 1.61%. Oswal Greentech Ltd is engaged in the business of manufacturing and selling of textile and apparel products. The company operates in two segments: Textiles and Apparel. The Textiles segment includes the production and sale of grey fabric, dyed fabric, and yarn. The Apparel segment includes the production and sale of garments.
Summary
BRIDGE INVESTMENT reported their FY2023 Q2 earnings results on August 8th 2023, demonstrating a total revenue of USD 98.8 million, representing a 0.2% decrease from the same period the previous year. The company reported a net income of USD -4.8 million in the quarter, compared to a net income of USD 12.9 million in the same period the previous year. The stock price responded by moving down the same day. Investors should consider BRIDGE INVESTMENT’s relatively low revenue compared to the previous year, and compare it to their debt and other liabilities to determine whether this is an attractive investment opportunity.
Additionally, examining their cash flows and potential for future profitability is important to assess the company’s long-term prospects.
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