LIBERTY TRIPADVISOR Reports Second Quarter Earnings Results for FY2023
August 10, 2023
☀️Earnings Overview
On August 2, 2023, LIBERTY TRIPADVISOR ($NASDAQ:LTRPA) reported its financial results for the second quarter of the 2023 fiscal year, which ended on June 30, 2023. Revenue for the quarter amounted to USD 494.0 million, a year-on-year increase of 18.5%. However, net income for the quarter was USD 10.0 million, a decrease of 85.1% compared to the same quarter of the previous year.
Market Price
The stock opened at $0.8 and closed at $0.7, marking a drop of 5.3% from its previous closing price of $0.8. This decline in stock price could be attributed to the company’s overall financial performance. The company remains optimistic about their future prospects, and is planning to introduce new products and services to expand their customer base and improve their financial performance. Going forward, LIBERTY TRIPADVISOR will continue to focus on providing travelers with an easy and convenient way to book their trips. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Liberty Tripadvisor. More…
| Total Revenues | Net Income | Net Margin |
| 1.68k | -31 | -2.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Liberty Tripadvisor. More…
| Operations | Investing | Financing |
| 251 | -57 | -102 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Liberty Tripadvisor. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.79k | 2.62k | -1.95 |
Key Ratios Snapshot
Some of the financial key ratios for Liberty Tripadvisor are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.2% | -12.0% | 6.9% |
| FCF Margin | ROE | ROA |
| 11.4% | -42.7% | 1.5% |
Analysis
We at GoodWhale have recently conducted an analysis of the fundamentals of LIBERTY TRIPADVISOR. Our results have determined that LIBERTY TRIPADVISOR is a high risk investment when it comes to both financial and business aspects. In order to help investors make informed decisions, we have identified two risk warnings in the income statement and balance sheet of LIBERTY TRIPADVISOR. If you would like to learn more about these risks and GoodWhale’s analysis, please register as a user on our website. More…
Peers
The competition between Liberty TripAdvisor Holdings Inc and its competitors is fierce. CarGurus Inc, Baltic Classifieds Group PLC, and NCsoft Corp are all vying for a piece of the pie, and each company has its own unique strengths and weaknesses.
– CarGurus Inc ($NASDAQ:CARG)
CarGurus is an online automotive marketplace that connects car buyers with local dealers. CarGurus was founded in 2005 by Langley Steinert, former co-founder of TripAdvisor. The company is headquartered in Cambridge, Massachusetts.
CarGurus has a market cap of $1.58 billion and a return on equity of 14.76%. The company operates an online marketplace that connects car buyers with local dealers. CarGurus was founded in 2005 and is headquartered in Cambridge, Massachusetts.
– Baltic Classifieds Group PLC ($LSE:BCG)
Baltic Classifieds Group PLC is a classified ads company. It operates in three segments: online classifieds, print classifieds, and other. The company offers online and print classified advertising services in the Baltics, Belarus, Bulgaria, Croatia, Czech Republic, Estonia, Greece, Hungary, Kazakhstan, Latvia, Lithuania, Moldova, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, and Ukraine.
– NCsoft Corp ($KOSE:036570)
NCsoft Corp is a South Korean video game developer that specializes in online games. The company was founded in 1997 and is headquartered in Seoul, South Korea. As of 2022, NCsoft has a market cap of 9.16 trillion won and a return on equity of 44.16%. The company’s games include the Lineage and Guild Wars franchises.
Summary
LIBERTY TRIPADVISOR reported its financial results for the second quarter of FY2023, with total revenue of USD 494.0 million and net income of USD 10.0 million. This represented a year-over-year increase in revenue of 18.5% and a decrease in net income of 85.1%. Following the release of the earnings report, the company’s stock price dropped on the same day.
Investors should take note of the dip in net income as well as the decline in stock price, as both could be indicators of potential risks associated with LIBERTY TRIPADVISOR. Nonetheless, the 18.5% increase in revenue could be an indication that the company is on track for long-term growth.
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