KALTURA Reports 4.5% Year-Over-Year Increase in Revenue, 7.6 Million Improvement in Net Income for Q2 FY2023
August 14, 2023
☀️Earnings Overview
For the second quarter of Fiscal Year 2023, KALTURA ($NASDAQ:KLTR) reported total revenue of USD 43.9 million and a net income of USD -10.8 million – a 4.5% year-on-year increase and a 7.6 million improvement compared to the same period in Fiscal Year 2022.
Analysis
GoodWhale has conducted an analysis of KALTURA‘s wellbeing, classifying them as a “Rhino” type company. This classification indicates that they have achieved moderate revenue or earnings growth. Considering their cash flows and debt, they have achieved an intermediate health score of 4/10, indicating they may be able to sustain future operations in times of crisis. In addition, KALTURA is strong in liquidity and medium in asset, growth and dividend, while being weak in profitability. These metrics make KALTURA an attractive option to investors looking for stability and moderate returns. Investors interested in the company should consider their unique needs and evaluate whether KALTURA fits their goals. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kaltura. KALTURA_Reports_4.5_Year-Over-Year_Increase_in_Revenue_7.6_Million_Improvement_in_Net_Income_for_Q2_FY2023″>More…
| Total Revenues | Net Income | Net Margin |
| 172.27 | -57.8 | -33.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kaltura. KALTURA_Reports_4.5_Year-Over-Year_Increase_in_Revenue_7.6_Million_Improvement_in_Net_Income_for_Q2_FY2023″>More…
| Operations | Investing | Financing |
| -16.27 | 2.04 | -1.71 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kaltura. KALTURA_Reports_4.5_Year-Over-Year_Increase_in_Revenue_7.6_Million_Improvement_in_Net_Income_for_Q2_FY2023″>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 188.91 | 153.38 | 0.26 |
Key Ratios Snapshot
Some of the financial key ratios for Kaltura are shown below. KALTURA_Reports_4.5_Year-Over-Year_Increase_in_Revenue_7.6_Million_Improvement_in_Net_Income_for_Q2_FY2023″>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 20.1% | – | -24.3% |
| FCF Margin | ROE | ROA |
| -12.3% | -71.3% | -13.9% |
Peers
Its competitors include Imaginon Inc, Virtualsoft Systems Ltd, and Moovly Media Inc.
– Imaginon Inc ($OTCPK:IMGI)
Imaginon Inc is a company that creates and sells products that allow people to better visualize data. The company has a market cap of 23.98k as of 2022. Imaginon’s products are used by businesses and individuals to make better decisions by understanding data more clearly. The company’s products are used by customers in a variety of industries, including healthcare, finance, and manufacturing.
– Virtualsoft Systems Ltd ($BSE:531126)
Virtualsoft Systems Ltd is a publicly traded company with a market capitalization of 41.5 million as of 2022. The company has a return on equity of 9.03%. Virtualsoft Systems Ltd is a provider of software and services. The company’s products and services include enterprise resource planning (ERP), customer relationship management (CRM), and business intelligence (BI) software. Virtualsoft Systems Ltd also provides software development, implementation, and support services.
– Moovly Media Inc ($TSXV:MVY)
Moovly Media Inc is a Canadian company that enables businesses and individuals to create engaging video content. The company has a market cap of 27.37M as of 2022 and a Return on Equity of 38.73%. Moovly Media’s video creation platform makes it easy for businesses to create professional-looking videos without the need for expensive video production equipment or editing software. The company’s video creation services are used by businesses of all sizes, from small businesses to Fortune 500 companies.
Summary
Kaltura is a great investment opportunity as the company’s second quarter of FY 2023 showed an increase in total revenue of 4.5% (USD 43.9 million) and net income of 7.6 million (USD -10.8 million) year over year. The stock price responded positively to the news, suggesting that investors are optimistic about the company’s future performance. Furthermore, Kaltura’s robust product offering and global presence make it an attractive option for long-term investors looking for steady returns.
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