LIBERTY LATIN AMERICA Reports 7.8% Decrease in Q2 FY2023 Revenue at USD 1122.7 Million
August 14, 2023
☀️Earnings Overview
LIBERTY LATIN AMERICA ($NASDAQ:LILA) reported total revenue of USD 1122.7 million for Q2 of FY2023 on June 30 2023, a 7.8% decrease from the same period in the prior year. Net income, however, saw a year-over-year increase of 108.1%, reaching USD 38.2 million.
Analysis
GoodWhale has conducted an analysis of LIBERTY LATIN AMERICA’s wellbeing and the results have been presented in the form of a Star Chart. The chart reveals that LIBERTY LATIN AMERICA is strong in profitability, medium in growth, and weak in asset and dividend. Based on its performance, LIBERTY LATIN AMERICA is classified as ‘sloth’, a type of company that has achieved revenue or earnings growth slower than the overall economy. Investors interested in this type of company may be attracted to its intermediate health score of 6/10, indicating that it is likely to sustain future operations in times of crisis due to its cashflows and debt. As LIBERTY LATIN AMERICA has a strong profitability, investors who are seeking income from investments may find this company attractive. Additionally, as it is classified as ‘sloth’ investors who are looking for stable growth rather than rapid expansion may find this company appealing. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for LILA. More…
| Total Revenues | Net Income | Net Margin |
| 4.61k | 207.3 | 1.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for LILA. More…
| Operations | Investing | Financing |
| 809.7 | -1.07k | -193 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for LILA. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.41k | 11.02k | 8.75 |
Key Ratios Snapshot
Some of the financial key ratios for LILA are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.4% | 4.4% | 17.9% |
| FCF Margin | ROE | ROA |
| 4.2% | 27.7% | 3.9% |
Peers
In the telecom industry, Liberty Latin America Ltd competes with Zegona Communications PLC, Cogeco Communications Inc, and Asia Pacific Telecom Co Ltd. The company offers fixed-line voice and broadband services, pay TV, mobile services, and enterprise solutions. Zegona Communications PLC is a UK-based holding company that invests in and operates fixed-line, broadband, and mobile telecommunications businesses. Cogeco Communications Inc is a Canadian telecommunications company that offers residential and business customers a range of communications services, including high-speed Internet, video, and telephony. Asia Pacific Telecom Co Ltd is a Taiwan-based company that provides mobile telecommunications services.
– Zegona Communications PLC ($LSE:ZEG)
Zegona Communications PLC is a holding company that engages in the management and operation of its subsidiaries. The company operates through four segments: France, Spain, Portugal, and Other. It provides a range of communications services, including fixed line, mobile, broadband, and television. The company also offers converged communications, data, and IT solutions; and international carrier services. Zegona Communications PLC was founded in 1881 and is headquartered in London, the United Kingdom.
– Cogeco Communications Inc ($TSX:CCA)
Cogeco Communications Inc. is a Canadian telecommunications and media company. The company provides residential and business telephone, Internet and television services through its subsidiaries, Cogeco Connexion and Atlantic Broadband, in Canada and the United States. Cogeco Communications Inc. has a market capitalization of $3.24 billion as of 2022 and a return on equity of 17.02%. The company’s main line of business is providing telecommunications and media services, which it does through its subsidiaries Cogeco Connexion and Atlantic Broadband. Cogeco Communications Inc. is headquartered in Montreal, Quebec, Canada.
– Asia Pacific Telecom Co Ltd ($TWSE:3682)
Asia Pacific Telecom Co Ltd is a Taiwanese telecommunications company with a market cap of 26.22B as of 2022. The company has a Return on Equity of -10.85%. Asia Pacific Telecom Co Ltd is a provider of mobile telecommunications services in Taiwan. The company offers a wide range of mobile telecommunications services, including voice, data, and value-added services.
Summary
LIBERTY LATIN AMERICA reported their Q2 FY2023 earnings on June 30, 2023, with total revenue of USD 1122.7 million, a 7.8% decrease from the previous year. Net income increased 108.1% year-on-year to USD 38.2 million. Investors should be aware that the lower revenue could be a sign of decreasing demand for LIBERTY LATIN AMERICA’s services, but the increase in net income suggests that the company is successfully managing its expenses and creating efficiencies. Investors will want to monitor the company’s finances in the coming quarters to ensure that these trends remain positive.
Related Posts
Recent Posts
