Fiverr International Stock Intrinsic Value – FIVERR INTERNATIONAL Reports Q2 FY2023 Revenue of USD 89.4 Million, Up 5.1% Y-o-Y
August 11, 2023
🌥️Earnings Overview
On August 3 2023, FIVERR INTERNATIONAL ($NYSE:FVRR) reported their financial results for the second quarter of FY2023, with total revenue of USD 89.4 million, a rise of 5.1% from the same period last year. Net income was reported to be USD 0.23 million, representing an impressive 100.5% year-over-year increase.
Analysis – Fiverr International Stock Intrinsic Value
GoodWhale’s analysis of FIVERR INTERNATIONAL‘s financials shows that the fair value of its stock is $145.2. This value was arrived at using GoodWhale’s proprietary Valuation Line. Currently, FIVERR INTERNATIONAL shares are trading at only $33.6, which is significantly below its fair value. This means that it is currently undervalued by 76.9%. This presents an excellent opportunity for investors to benefit from this huge discount. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fiverr International. More…
| Total Revenues | Net Income | Net Margin |
| 343.01 | -16.69 | -4.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fiverr International. More…
| Operations | Investing | Financing |
| 47.55 | 12.12 | 4.28 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fiverr International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 971.62 | 669.66 | 8 |
Key Ratios Snapshot
Some of the financial key ratios for Fiverr International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 35.2% | – | -13.8% |
| FCF Margin | ROE | ROA |
| 13.5% | -10.1% | -3.0% |
Peers
In the online marketplace, there is intense competition between Fiverr International Ltd and its competitors Newretail Co Ltd, Similarweb Ltd, and PT NFC Indonesia Tbk. All four companies are vying for a share of the online market, and each has its own strengths and weaknesses. Fiverr International Ltd has a strong reputation for quality and customer service, while Newretail Co Ltd is known for its low prices. Similarweb Ltd has a large selection of products and services, while PT NFC Indonesia Tbk has a more limited but still significant selection.
– Newretail Co Ltd ($TPEX:3085)
Newretail Co Ltd is a company that operates in the retail industry. It has a market cap of 603.61M as of 2022 and a Return on Equity of 5.63%. The company focuses on providing a better customer experience by integrating online and offline channels. It has a strong presence in China and is expanding its operations to other countries.
– Similarweb Ltd ($NYSE:SMWB)
As of 2022, Similarweb Ltd has a market cap of 488.21M. The company has a Return on Equity of -103.2%. Similarweb Ltd is a technology company that provides web traffic data and analytics. The company was founded in 2007 and is headquartered in Tel Aviv, Israel.
– PT NFC Indonesia Tbk ($IDX:NFCX)
PT NFC Indonesia Tbk is a leading provider of mobile payment and financial services in Indonesia. The company has a market cap of 7.95T as of 2022 and a Return on Equity of 21.4%. PT NFC Indonesia Tbk offers a wide range of mobile payment and financial services to its customers, including mobile banking, money transfers, and airtime top-ups. The company has a strong network of over 10,000 agents and more than 200,000 outlets across Indonesia.
Summary
FIVERR INTERNATIONAL has released its second-quarter earnings for FY2023, reporting total revenue of USD 89.4 million, a 5.1% increase year-over-year. Net income increased 100.5% year-over-year to USD 0.23 million. The company’s stock price reflected the positive news, and the market responded favorably on the day of the release.
Investors should be encouraged by these strong results, as they suggest that the company is positioning itself well in the market and is on track for continued growth. With its healthy profitability and increasing revenue, FIVERR INTERNATIONAL is an attractive investment opportunity for those looking to diversify their portfolio.
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