Nextnav Inc Intrinsic Value Calculator – NEXTNAV INC Reports Earnings Results for Second Quarter of FY2023
August 21, 2023
🌥️Earnings Overview
For the second quarter of FY2023, NEXTNAV INC ($NASDAQ:NN) reported total revenue of USD 0.8 million, representing a decrease of 43.7% from the year prior. This resulted in a net loss of USD 15.8 million for the quarter, compared to net income of USD 0.8 million in the same quarter of the previous year.
Stock Price
NEXTNAV INC reported their earnings results for the second quarter of FY2023 on Wednesday. The stock opened at $3.4 and closed at the same price. This demonstrates NEXTNAV INC’s ability to effectively manage its finances and continue to grow its business. Overall, the second quarter of FY2023 was an encouraging period for NEXTNAV INC, with strong performance in key financial indicators and further growth opportunities for the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Nextnav Inc. More…
| Total Revenues | Net Income | Net Margin |
| 2.94 | -63.35 | -2105.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nextnav Inc. More…
| Operations | Investing | Financing |
| -36.24 | -41.61 | 48.14 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Nextnav Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 161.47 | 66.39 | 0.84 |
Key Ratios Snapshot
Some of the financial key ratios for Nextnav Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -2093.1% |
| FCF Margin | ROE | ROA |
| -1426.1% | -42.7% | -23.8% |
Analysis – Nextnav Inc Intrinsic Value Calculator
GoodWhale has conducted an analysis of NEXTNAV INC‘s fundamentals and determined an intrinsic value of $16.6 per share. This value was calculated using our proprietary Valuation Line tool, which takes into account the company’s revenue and earnings growth, profitability, and future cash flow potential. By comparing this intrinsic value to the current trading price of $3.4 per share, it is clear that the stock is undervalued by 79.6%. This may be an opportunity for investors to take advantage of the market’s mispricing and acquire shares of NEXTNAV INC at a discounted rate. More…
Peers
The competition between NextNav Inc and its competitors is fierce. Suyog Telematics Ltd, SharingTechnology Inc, and Spotify Technology SA are all vying for a piece of the pie, and each company has its own unique strengths and weaknesses. NextNav Inc has a strong foothold in the market, but its competitors are quickly catching up.
– Suyog Telematics Ltd ($BSE:537259)
Suyog Telematics Ltd is a leading provider of telematics and data management solutions. The company has a market cap of 3.56B as of 2022 and a ROE of 24.45%. Suyog Telematics provides innovative solutions that enable its customers to manage their vehicles, assets, and operations more efficiently and effectively. The company’s products and services are used by a wide range of customers, including government agencies, fleet operators, and insurance companies.
– SharingTechnology Inc ($TSE:3989)
Cloudera, Inc. is an American multinational software company that provides a software platform for data engineering, data warehousing, machine learning, and analytics. The company has a market capitalization of $5.83 billion and a negative return on equity of 132.21%. Cloudera was founded in 2008 and is headquartered in Palo Alto, California. The company’s software is used by organizations in a variety of industries, including financial services, healthcare, government, and education.
– Spotify Technology SA ($NYSE:SPOT)
Spotify Technology SA is a Swedish audio streaming and media services provider. It is the largest music streaming service in the world with over 320 million users. As of 2022, it has a market cap of 15.34B and a ROE of -0.96%. The company offers a premium subscription service that allows users to listen to music ad-free and offline. It also provides a free, ad-supported service. Spotify was founded in 2006 by Daniel Ek and Martin Lorentzon.
Summary
NEXTNAV INC released its second quarter financials for FY2023, which showed a decrease in revenue of 43.7% compared to the same period in the prior year. Net income also decreased significantly to a loss of USD 15.8 million in the quarter, from a net income of USD 0.8 million in the same quarter the previous year. This is worrisome news for investors, as it indicates that NEXTNAV INC is not performing well.
Further analysis is needed to determine why revenue and net income have decreased so drastically, and what can be done to improve the company’s performance. Nonetheless, investors should keep a close eye on NEXTNAV INC and its progress to ensure their investments are sound.
