Irobot Corporation Intrinsic Value – IROBOT CORPORATION Reports Second Quarter Earnings Results for FY2023

August 23, 2023

🌥️Earnings Overview

IROBOT CORPORATION ($NASDAQ:IRBT) reported total revenue of USD 236.6 million for the second quarter of FY2023, ending June 30 2023, a decrease of 7.4% from the same period in the previous year. Net income for the quarter decreased to USD -80.8 million, compared to -43.4 million in the same quarter of the preceding year.

Share Price

IROBOT CORPORATION reported their second quarter earnings results for FY2023 on Tuesday. The stock opened at $38.6 and closed at $38.7, a decrease of 1.0% compared to the previous closing price of 39.1. This was mainly due to increased revenue from robot vacuums, educational robots, and health-related products. The company looks to continue with its strategy of investing in innovation and expanding product offerings to drive long-term growth. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Irobot Corporation. More…

    Total Revenues Net Income Net Margin
    1.03k -374.38 -36.2%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Irobot Corporation. More…

    Operations Investing Financing
    38.38 -9.82 -35.35
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Irobot Corporation. More…

    Total Assets Total Liabilities Book Value Per Share
    634.14 308.72 11.75
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Irobot Corporation are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    -4.6% 26.3% -29.6%
    FCF Margin ROE ROA
    2.8% -53.0% -30.1%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Irobot Corporation Intrinsic Value

    At GoodWhale, we have conducted a thorough analysis of IROBOT CORPORATION‘s fundamentals. Our proprietary Valuation Line suggests that the intrinsic value of IROBOT CORPORATION share is around $35.5. Currently, the stock is trading at $38.7, which means it is overvalued by 9.1%. Therefore, for investors looking to invest in IROBOT CORPORATION, we would suggest to be wary of the current overvaluation and to keep an eye on the stock prices. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

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    IROBOT CORPORATION recently reported its second quarter of FY2023 earnings results, showing a decrease in both revenue and net income year-over-year. Revenue for the quarter was USD 236.6 million, a 7.4% decrease compared to the same period in the previous year, while net income was -USD 80.8 million, a decrease from -43.4 million in the same quarter last year. These figures may be concerning for potential investors, as they suggest that the company’s performance is declining.

    However, investors should note that the current economic climate may be causing some disruption in the company’s operations, and that as the economy improves, IROBOT CORPORATION’s performance may also improve. Therefore, investors should remain vigilant and consider all aspects before making any long-term investment decisions.

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