INFORMATICA INC Announces Fourth Quarter FY2022 Earnings Results on February 8, 2023
March 21, 2023
Earnings Overview
On February 8 2023, INFORMATICA INC ($NYSE:INFA) reported their earnings results for the fourth quarter of FY2022, which ended on December 31 2022. Revenue was USD -4.4 million, showing a 93.4% increase from the same period in the previous year. Net income, however, was USD 398.8 million, a slight decrease of 1.9% from the previous year’s figure.
Transcripts Simplified
In Q4 of 2022, total ARR increased 11.5% year-over-year to $1.52 billion, driven by strong new business sales and subscription renewals. Cloud ARR increased over 42% year-over-year to $451 million. Total Subscription ARR increased 24%, and average Subscription ARR per customer grew 19%.
Maintenance ARR was down 6%, with a renewal rate of 96%. GAAP total revenues were $399 million in the fourth quarter, down 2%.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Informatica Inc. More…
| Total Revenues | Net Income | Net Margin |
| 1.51k | -53.67 | -3.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Informatica Inc. More…
| Operations | Investing | Financing |
| 200.06 | -185.96 | 38.8 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Informatica Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.97k | 2.92k | 7.24 |
Key Ratios Snapshot
Some of the financial key ratios for Informatica Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.8% | – | 2.9% |
| FCF Margin | ROE | ROA |
| 12.9% | 1.4% | 0.6% |
Share Price
On the same day, the company’s stock opened at $18.6 per share and closed at $18.3, representing a decrease of 1.3% from the prior closing price of $18.6. The company has since seen an overall decrease in stock value since the announcement, with their shares continuing to remain below the opening price. The quarterly earnings announcement provided investors with insight into INFORMATICA INC‘s financial performance in the fourth quarter, which ended December 31, 2022. This announcement gave investors the opportunity to assess the company’s progress and performance against the previous quarters. The company has not yet released information regarding their earnings or any other financial details related to the fourth quarter. In the meantime, investors have been closely monitoring INFORMATICA INC’s stock performance as it continues to remain volatile.
Despite the dip in stock prices since their announcement, analysts are hopeful that the company’s fourth quarter earnings will be significantly better than anticipated. If this is the case, then INFORMATICA INC’s stock could rebound in the near future and its outlook could improve substantially. Overall, investors are cautiously awaiting more information from INFORMATICA INC regarding their fourth quarter earnings results. If the company can continue to meet or exceed expectations, then their stock values could rebound and lead to an improved outlook for the company in the coming quarters. Live Quote…
Analysis
At GoodWhale, we have conducted an in-depth analysis of INFORMATICA INC‘s fundamantals. As part of this analysis, we have assigned a Risk Rating to the company. This Risk Rating indicates that INFORMATICA INC is a high risk investment in terms of both financial and business aspects. Upon further examination of the income statement, balance sheet and cashflow statement, GoodWhale has identified three risk warnings which require further investigation. To get more information about these risks, please register with us and we will send you all the details. More…
Peers
Its main competitors are Veritone Inc, Insig AI PLC, and IXUP Ltd. Each company offers a different set of features and benefits, and it can be difficult to choose the right one for your business. Here is a brief overview of each company to help you make a decision.
– Veritone Inc ($NASDAQ:VERI)
Veritone Inc is a media intelligence company that uses artificial intelligence to help its clients extract actionable insights from their audio and video content. The company has a market cap of 232.35M as of 2022 and a Return on Equity of -48.09%. Veritone’s AI platform enables its clients to index, transcribe, and analyze their content in a more efficient and cost-effective way. The company’s clients include media and entertainment companies, news organizations, and government agencies.
– Insig AI PLC ($LSE:INSG)
Insig AI PLC is a UK-based company that provides artificial intelligence solutions. The company has a market capitalisation of 28 million as of 2022 and a return on equity of -5.9%. The company’s products are used in a variety of industries, including healthcare, retail, and manufacturing.
– IXUP Ltd ($ASX:IXU)
Pixup Ltd is a digital media company that operates in the online advertising and marketing industry. The company has a market capitalization of 35.01 million as of 2022 and a return on equity of -39.2%. The company offers a range of services including online advertising, social media marketing, and web design and development.
Summary
INFORMATICA INC reported strong revenue growth in the fourth quarter of FY2022, with a 93.4% increase year-over-year. However, net income was down 1.9% from the same quarter in the previous year. Investors should consider the company’s business model and competitive position relative to its peers, as well as its ability to generate sustainable profits in order to make an informed decision about investing in the company. Additionally, analysts should analyze the company’s stock performance over time to assess its long-term growth prospects.
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