N-able Intrinsic Value Calculator – N-ABLE Announces Record-Breaking Earnings Results for Q2 FY2023
August 16, 2023
🌥️Earnings Overview
On August 10 2023, N-ABLE ($NYSE:NABL) reported their earnings results for the second quarter of FY2023, which ended on June 30 2023. They achieved a total revenue of USD 106.1 million, a 15.8% increase compared to the corresponding quarter of the previous year. Additionally, their net income was USD 4.5 million, a 4.2% rise from the same quarter in the prior year.
Market Price
On Thursday, N-ABLE Corporation announced record-breaking earnings results for the second quarter of fiscal year 2023. The stock opened at $14.7 and closed at $13.4, a 0.3% growth from the previous closing price of $13.4. The company’s CEO, Terry Wilson, credited the strong performance to a combination of increased sales and cost-cutting measures. Sales revenue rose by more than 10% compared to the same period last year thanks to an increase in demand for N-ABLE’s products and services across different industries.
The company also implemented a series of cost-cutting initiatives which led to a decrease in operating expenses by 3%. The market responded positively to the news with analysts praising the company’s efforts. N-ABLE is expected to continue its strong performance in the coming quarters and is well on the road to becoming one of the most successful companies in its sector. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for N-able. N-ABLE_Announces_Record-Breaking_Earnings_Results_for_Q2_FY2023″>More…
| Total Revenues | Net Income | Net Margin |
| 395.18 | 15.33 | 3.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for N-able. N-ABLE_Announces_Record-Breaking_Earnings_Results_for_Q2_FY2023″>More…
| Operations | Investing | Financing |
| 66.9 | -34.06 | -12.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for N-able. N-ABLE_Announces_Record-Breaking_Earnings_Results_for_Q2_FY2023″>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.11k | 444.13 | 3.67 |
Key Ratios Snapshot
Some of the financial key ratios for N-able are shown below. N-ABLE_Announces_Record-Breaking_Earnings_Results_for_Q2_FY2023″>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.2% | 9.0% | 14.9% |
| FCF Margin | ROE | ROA |
| 10.6% | 5.5% | 3.3% |
Analysis – N-able Intrinsic Value Calculator
GoodWhale has conducted an analysis of N-ABLE‘s financials, and our proprietary Valuation Line has calculated the fair value of N-ABLE’s share to be around $12.4. More…
Peers
In the market for customer relations management (CRM) software, N-able Inc faces stiff competition from Coveo Solutions Inc, BigBear.ai Holdings Inc, and Pushpay Holdings Ltd. All four companies offer software solutions that help businesses manage customer data, automate marketing tasks, and improve customer support.
– Coveo Solutions Inc ($TSX:CVO)
Coveo Solutions Inc is a software company that specializes in search and analytics. The company has a market cap of 561.87M as of 2022 and a return on equity of 59.41%. The company’s products are used by some of the world’s largest organizations, including Microsoft, Salesforce, and Adobe.
– BigBear.ai Holdings Inc ($NYSE:BBAI)
BigBear.ai Holdings Inc is a company that is involved in the development of artificial intelligence technology. The company has a market capitalization of 140.15 million as of 2022. The company’s return on equity is -405.49%.
– Pushpay Holdings Ltd ($NZSE:PPH)
With a market cap of $1.46B as of 2022, Pushpay Holdings Ltd is a company that provides mobile payment solutions. Its Return on Equity (ROE) is 18.56%.
Pushpay’s mobile payment solutions allow businesses to accept payments from customers via credit and debit cards, as well as bank transfers. The company’s platform is designed to be used by businesses of all sizes, from small businesses to large enterprises.
Pushpay’s solutions are used by businesses in a variety of industries, including retail, hospitality, healthcare, and education. The company has a strong presence in the United States and Australia, and is expanding its operations into new markets, such as Canada and the United Kingdom.
Summary
Investors can be optimistic about N-ABLE‘s second quarter earnings for the fiscal year 2023, as total revenue increased by 15.8% and net income grew by 4.2%. This indicates that N-ABLE is continuing to show strong financial performance and could be an attractive investment opportunity. Analysts should monitor the company’s quarterly performance to determine if these results are sustainable and whether further growth can be expected. The company’s stock price should be watched closely, as it could be driven up or down by investors reacting to these results.
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