Microstrategy Incorporated Stock Fair Value Calculator – MICROSTRATEGY INCORPORATED Reports Profitable Q2 Earnings for FY2023
August 10, 2023
☀️Earnings Overview
MICROSTRATEGY ($NASDAQ:MSTR): On June 30, 2023, MicroStrategy Incorporated reported their earnings results for FY2023 Q2. There was a total revenue of USD 120.4 million for the quarter, which was a 1.4% decrease compared to the same period in the previous year. However, there was a net income of USD 22.2 million, representing a 102.1% increase year over year.
Stock Price
The stock opened at $430.0 and closed at $435.0, down by 0.7% from the previous closing price of 437.9. MICROSTRATEGY INCORPORATED also reported higher than expected revenues due to its strategic investments into new technologies and services. The company also indicated plans to continue its growth trajectory in the upcoming quarters, with plans to invest further in AI, machine learning, and other advanced technologies. Additionally, the company has made significant investments into their mobile and cloud-based offerings, which are expected to generate increased revenue in the future. The company’s focus on capitalizing on the latest technologies and services will continue to be a major driver for their future success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Microstrategy Incorporated. More…
| Total Revenues | Net Income | Net Margin |
| 500.23 | 206.69 | 64.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Microstrategy Incorporated. More…
| Operations | Investing | Financing |
| -0.73 | -578.99 | 572.61 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Microstrategy Incorporated. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.36k | 2.54k | 58.16 |
Key Ratios Snapshot
Some of the financial key ratios for Microstrategy Incorporated are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.7% | -31.0% | 217.4% |
| FCF Margin | ROE | ROA |
| -118.3% | 107.7% | 20.2% |
Analysis – Microstrategy Incorporated Stock Fair Value Calculator
At GoodWhale, we conducted an analysis of MICROSTRATEGY INCORPORATED‘s wellbeing. After carefully assessing the company’s financial statements and market conditions, our proprietary Valuation Line has determined the fair value of a MICROSTRATEGY INCORPORATED share to be around $302.9. However, the current market price stands at $435.0, indicating that the stock is overvalued by 43.6% in comparison to the fair value. More…
Peers
The company’s main competitors are Coinbase Global Inc, Riot Blockchain Inc, Bakkt Holdings Inc.
– Coinbase Global Inc ($NASDAQ:COIN)
Coinbase Global Inc is a digital asset exchange company. The Company’s mission is to create an open financial system for the world. The Company operates a digital currency exchange platform for individual and institutional investors, traders, and developers. The Company offers its products and services through its online platform and mobile application. The Company serves customers in North America, Europe, Asia Pacific, South America, and the Middle East and Africa.
– Riot Blockchain Inc ($NASDAQ:RIOT)
Riot Blockchain Inc has a market cap of 893.37M as of 2022. The company’s ROE for the same year is -2.48%. Riot Blockchain Inc is a provider of blockchain technology solutions to the global financial markets. The company’s mission is to be the leading blockchain technology provider in the world.
– Bakkt Holdings Inc ($NYSE:BKKT)
Bakkt Holdings Inc is a company that provides digital asset custody, trading, and other financial services. As of 2022, the company had a market capitalization of 164.26 million and a return on equity of -26.03%. The company’s primary focus is on digital assets, such as Bitcoin, and providing custody, trading, and other financial services related to these assets.
Summary
MicroStrategy Incorporated reported an overall decrease in revenue for the second quarter of FY2023, however the company experienced a significant surge in net income. Investors may be optimistic in the company’s future performance given the strong increase in net income, which is indicative of improved efficiency and cost-control measures. Investors should conduct further research into the company’s financials and operations to ensure this positive trend continues moving forward.
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