XP INC ($NASDAQ:XP) reported that on August 15 2023, total revenue for Q2 of FY2023 ending June 30 2023 amounted to BRL 1482.8 million, representing a 4.5% decrease year over year. Despite this, net income for the same quarter increased by 7.0%, amounting to BRL 975.4 million.
Analysis – Xp Inc Intrinsic Value
GoodWhale has conducted an analysis of XP INC‘s financials and come to the conclusion that the intrinsic value of XP INC share is around $44.9. This value was established with GoodWhale’s proprietary Valuation Line. Currently, XP INC stock is traded at $24.7, undervalued by 45.0%. This suggests that there is potential value to be gained should investors choose to purchase the share in the current market environment. With such a large potential return to be made, investors would be wise to take a closer look at XP INC and consider buying into its stock. More…
Risk Rating Analysis
Star Chart Analysis
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for Xp Inc. More…
Income Statement Reports (Yearly/ Quarterly/ LTM)
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Xp Inc. More…
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Cash Flow Supplement
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Xp Inc. More…
Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for Xp Inc are shown below. More…
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Its main competitors are LPL Financial Holdings Inc, HUB24 Ltd, Fenix Financial Ltd. XP Inc has a market share of XX% in Brazil.
– LPL Financial Holdings Inc ($NASDAQ:LPLA)
LPL Financial Holdings Inc is a holding company for LPL Financial LLC, a broker-dealer and registered investment advisor. LPL Financial provides investment and wealth management services to clients in the United States. The company has a market cap of 18.77B as of 2022.
HUB24 Ltd is an Australian financial services company that provides investments, superannuation, and insurance products. The company has a market capitalization of 1.95 billion as of 2022 and a return on equity of 4.21%. HUB24 Ltd is a publicly traded company listed on the Australian Securities Exchange. The company was founded in 2001 and is headquartered in Sydney, Australia.
XP INC‘s Q2 of FY2023 results, reported on August 15 2023, indicate an overall decrease in total revenue of 4.5% year over year. Despite this, net income increased 7.0% year over year to BRL 975.4 million. This could indicate that XP INC is taking measures to maximize profits and reduce costs, leading to a positive outlook for potential investors. Further analysis of the company’s financial performance will be needed to gain a full understanding of the business.