Fiscalnote Holdings Intrinsic Value Calculation – FISCALNOTE HOLDINGS Reports Second Quarter FY2023 Earnings Results
August 15, 2023
🌥️Earnings Overview
FISCALNOTE HOLDINGS ($NYSE:NOTE) released its earnings for the second quarter of FY2023, ending on June 30, 2023. Total revenue for the quarter was USD 32.8 million, up 20.9% from the same period of the prior year. The reported net income was USD -31.0 million, a decrease from -38.4 million reported the previous year.
Stock Price
After the results were released, the stock opened at $3.5 but closed at $2.7, a plunge of 22.6% from its previous closing price of 3.4. This has had a significant impact on the company’s market value. Investors are now keeping a close watch on the company to see how it will fare in the coming quarters. The company has attributed its disappointing earnings results to a weak macroeconomic environment and the impact of the pandemic on its business operations. It is now focusing on increasing its operational efficiency and reducing costs in order to improve its financial performance. FISCALNOTE HOLDINGS has also announced a number of initiatives, such as launching new products and services, to help it drive growth in the future.
Furthermore, the company is currently looking to expand its customer base and develop new markets in order to increase its revenues. Looking ahead, FISCALNOTE HOLDINGS is confident that it can continue to generate strong returns for its shareholders. It is currently exploring ways to further strengthen its balance sheet and position itself for long-term success. With the right measures in place, the company is optimistic that it will be able to turn around its recent performance and deliver impressive results in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fiscalnote Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 124.89 | -226.14 | -127.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fiscalnote Holdings. More…
| Operations | Investing | Financing |
| -74.48 | -13.3 | 98.37 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fiscalnote Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 422.96 | 329.24 | 0.73 |
Key Ratios Snapshot
Some of the financial key ratios for Fiscalnote Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 20.0% | – | -113.3% |
| FCF Margin | ROE | ROA |
| -67.2% | -75.5% | -20.9% |
Analysis – Fiscalnote Holdings Intrinsic Value Calculation
At GoodWhale, we conducted an analysis of FISCALNOTE HOLDINGS‘s financials and arrived at an intrinsic value of $11.5 per share. Our proprietary Valuation Line enabled us to calculate this figure and we believe it to be an accurate representation of the company’s true value. Currently, FISCALNOTE HOLDINGS stock is being traded at a price of $2.7, which amounts to a staggering 76.4% discount from our calculated intrinsic value. This presents a tremendous opportunity for investors who are able to capitalize on the current undervaluation and reap the benefits of a potential growth in value. More…
Peers
The competition among FiscalNote Holdings Inc and its competitors Sublime China Information Co Ltd, HCR Co Ltd, and DLT Resolution Inc is fierce. With each company looking to gain a competitive edge in the market, they are constantly innovating and exploring new ways to bring their products and services to customers. It remains to be seen who will come out on top in the end.
– Sublime China Information Co Ltd ($SZSE:301299)
Sublime China Information Co Ltd is a Chinese information technology (IT) services provider and solutions provider that provides enterprise systems solutions and software services primarily to financial institutions in China. The company has a market capitalization of 3.1 billion as of 2023, which is an indication of the relative size and strength of the company. Sublime China Information Co Ltd also has a Return on Equity of 5.66%, which is an indication of the company’s profitability and efficiency. The company’s commitment to providing high-quality services and products is reflected in its strong returns and market capitalization.
– HCR Co Ltd ($SHSE:688500)
HCR Co Ltd is a global software and digital services company. It provides specialized services and software solutions to a variety of digital-age businesses and industries. With a market cap of 1.08B as of 2023, HCR Co Ltd is one of the most prominent companies in its sector. Its Return on Equity (ROE) is -15.31%, which is a measure of the company’s profitability. This indicates that the company has not been able to generate satisfactory profits in the given time period. Nevertheless, it continues to remain a valuable resource for the digital industry due to its innovative products and services.
– DLT Resolution Inc ($OTCPK:DLTI)
DLT Resolution Inc is a provider of integrated software solutions to the energy, utilities and telecommunications industries. The company has a market capitalization of 44.87k as of 2023, which is reflective of the value that the market assigns to its stock. DLT Resolution Inc’s Return on Equity stands at -15.87%, which is an indication of the company’s financial performance. This ROE figure illustrates the company’s ability to generate profits with the capital that it has in its possession.
Summary
FiscalNote Holdings reported their earnings for the second quarter of FY2023, ending June 30th, 2023. Revenue was up 20.9% year-over-year, coming in at USD 32.8 million. Net income dropped to -31.0 million, a decrease from the -38.4 million reported last year. The stock price took a hit in response to the report.
Investors should exercise caution when considering investing in this company as the decreasing net income and corresponding stock price decline indicate potential trouble for FiscalNote Holdings. Further research should be done to gain a better understanding of their financial situation and outlook before committing any funds.
Related Posts
Recent Posts
