AMAZON.COM Reports 10.8% Year-Over-Year Increase in Total Revenue for Q2 FY2023 at USD 134383.0 Million
August 6, 2023
☀️Earnings Overview
AMAZON.COM ($NASDAQ:AMZN) reported their FY2023 second-quarter earnings results on June 30th, with a total revenue of USD 134383.0 million, which was an increase of 10.8% from the same quarter of the previous year. Net income for the quarter was reported at USD 6750.0 million, a significant improvement from the -2028.0 million reported in the prior year’s quarter.
Analysis
GoodWhale has conducted an analysis of AMAZON.COM’s fundamentals and determined that it is a low risk investment. This assessment was based on the company’s financial and business aspects, which were evaluated using GoodWhale’s Risk Rating system. Although this rating indicates that AMAZON.COM is a safe investment, GoodWhale has detected one risk warning in the income sheet. This cautionary flag can be seen only by registered users of the application. Therefore, if you would like to know more details about the risk warning, GoodWhale recommends that you sign up and access the platform. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Amazon.com. AMAZON.COM_Reports_10.8_Year-Over-Year_Increase_in_Total_Revenue_for_Q2_FY2023_at_USD_134383.0_Million”>More…
| Total Revenues | Net Income | Net Margin |
| 538.05k | 13.07k | 2.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Amazon.com. AMAZON.COM_Reports_10.8_Year-Over-Year_Increase_in_Total_Revenue_for_Q2_FY2023_at_USD_134383.0_Million”>More…
| Operations | Investing | Financing |
| 61.84k | -51.91k | 2.92k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Amazon.com. AMAZON.COM_Reports_10.8_Year-Over-Year_Increase_in_Total_Revenue_for_Q2_FY2023_at_USD_134383.0_Million”>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 477.61k | 309k | 16.35 |
Key Ratios Snapshot
Some of the financial key ratios for Amazon.com are shown below. AMAZON.COM_Reports_10.8_Year-Over-Year_Increase_in_Total_Revenue_for_Q2_FY2023_at_USD_134383.0_Million”>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.7% | 1.6% | 3.1% |
| FCF Margin | ROE | ROA |
| 0.6% | 6.4% | 2.2% |
Peers
Amazon.com Inc is an American multinational technology company based in Seattle, Washington, that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of the Big Four technology companies, alongside Google, Apple, and Facebook.
PChome Online Inc is a Taiwanese online shopping company established in 2000. PChome Online is the largest e-commerce platform in Taiwan, with over 60% of the country’s online shopping market share.
The RealReal Inc is an American online luxury resale store headquartered in San Francisco, California. The company sells consigned clothing, accessories, jewelry, watches, and art from a variety of luxury brands.
Zalando SE is a German e-commerce company headquartered in Berlin, that specializes in selling shoes, clothing, and other fashion items. The company was founded in 2008 and has since grown to become one of the largest online fashion retailers in Europe.
– PChome Online Inc ($TPEX:8044)
PChome Online Inc is a Chinese internet company that provides online services through its websites. The company offers a variety of services, including online shopping, online payments, online advertising, and others. PChome Online Inc is listed on the Nasdaq Global Market under the ticker symbol PCLN.
As of 2022, PChome Online Inc had a market capitalization of 5.78 billion US dollars. The company’s return on equity was 3.34 percent. PChome Online Inc is a leading player in the Chinese internet market, with a strong presence in online shopping and online payments. The company is well positioned to benefit from the growing trend of online shopping in China.
– The RealReal Inc ($NASDAQ:REAL)
The RealReal Inc is a luxury consignment company with a market cap of 117.51M as of 2022. The company offers consignment services for luxury items such as clothing, jewelry, and watches. The company has a return on equity of 137.64%.
– Zalando SE ($OTCPK:ZLDSF)
Zalando SE is a German e-commerce company that specializes in selling shoes, clothing and other fashion items. The company was founded in 2008 and is headquartered in Berlin. As of 2022, Zalando SE has a market cap of 5.66B and a return on equity of 4.78%. The company’s main competitors are Amazon, eBay and Alibaba.
Summary
Investors in Amazon.com Inc. (AMZN) are likely pleased with the company’s second quarter results for the fiscal year 2023, as total revenue grew 10.8% year-over-year to a record USD 134383.0 million. Net income also improved significantly from the year prior, increasing from -2028.0 million to 6750.0 million. Overall, strong growth in e-commerce sales, cloud computing services, and advertising have led to AMZN’s impressive results, and analysts expect the stock to continue to perform well in the coming quarters.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
