Sofi Technologies Stock Fair Value – SOFI TECHNOLOGIES Reports Record-Breaking FY2022 Q4 Earnings Results on December 31, 2022
March 27, 2023
Earnings Overview
SOFI TECHNOLOGIES ($BER:6B0) reported its FY2022 Q4 earnings results on December 31, 2022. There was a 64.0% increase in total revenue, amounting to USD -40.0 million, compared to the prior year. Net income was also heightened, with a 59.9% rise to USD 456.7 million in comparison to the previous year.
Market Price
The company opened at €5.7 and closed at €6.2, soaring from its prior closing price of €5.5. The results showed an impressive increase in revenue, with the company’s net income doubling from the same period last year. The earnings call was met with enthusiasm from investors and analysts alike, and the stock price rose accordingly. The positive news further solidified SOFI TECHNOLOGIES‘ place as a leader in its industry and a prime investment opportunity.
The company plans to use the momentum to fuel global expansion and continue to drive innovation in the tech sector. Overall, the stellar results of FY2022 Q4 show that SOFI TECHNOLOGIES is continuing to make strides in its mission to become a top technological powerhouse. With a strong and growing customer base, innovative products, and an expanding global reach, it seems that the future of the company is bright. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sofi Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 1.57k | -360.83 | -19.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sofi Technologies. More…
| Operations | Investing | Financing |
| -7.26k | -106.33 | 8.44k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sofi Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 19.01k | 13.48k | 5.92 |
Key Ratios Snapshot
Some of the financial key ratios for Sofi Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 52.6% | – | – |
| FCF Margin | ROE | ROA |
| -467.7% | -3.6% | -1.0% |
Analysis – Sofi Technologies Stock Fair Value
At GoodWhale, we have analyzed SOFI TECHNOLOGIES‘s financials and have determined that the intrinsic value of their share is around €10.4. This value is calculated by our proprietary Valuation Line, which uses various metrics to measure a company’s worth. However, SOFI TECHNOLOGIES stock is currently trading at €6.2, which is undervalued by 40.2%. This means that there may be an opportunity for investors to buy SOFI TECHNOLOGIES stock at a discount. More…
Summary
For the fourth quarter of FY2022, SOFI TECHNOLOGIES reported a significant year-over-year increase in total revenue and net income. Total revenue for the quarter was USD -40.0 million, a 64.0% year-on-year increase, while net income was USD 456.7 million, a 59.9% rise compared to the prior year. Investors reacted positively to the news and the stock price rose the same day, suggesting that investors are optimistic about the company’s future prospects and are confident that SOFI TECHNOLOGIES’ performance will continue to improve in the coming quarters.
Related Posts
Recent Posts
