For the quarter ended June 30 2023, Outbrain Inc ($NASDAQ:OB) reported total revenue of USD 225.8 million, a 10.0% decrease from the same quarter in FY2022. Net income was reported as USD 11.3 million, a substantial improvement from the net loss of -10.3 million in the same quarter of the previous fiscal year.
GoodWhale has conducted an in-depth analysis of OUTBRAIN INC‘s fundamentals. According to their Risk Rating, OUTBRAIN INC is considered a medium risk investment, balancing financial and business aspects. GoodWhale has detected two risk warnings in the cashflow statement and financial journal, which can be accessed upon registering on goodwhale.com. This detailed assessment provides valuable insight into the company’s financial stability and performance, giving investors an informed opinion on the venture. GoodWhale’s analysis helps investors make informed decisions and understand the risks associated with investing in OUTBRAIN INC. More…
Risk Rating Analysis
Star Chart Analysis
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for Outbrain Inc. More…
Income Statement Reports (Yearly/ Quarterly/ LTM)
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Outbrain Inc. More…
Cash Flow Statement (Yearly/ Quarterly/ LTM)
Cash Flow Supplement
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Outbrain Inc. More…
Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for Outbrain Inc are shown below. More…
Income Statement Ratios
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Headquartered in New York City, the company was founded in 2006 by Yaron Galai and Ori Lahav. Outbrain operates in 55 countries and is a publicly traded company listed on the Nasdaq Stock Exchange. Outbrain’s primary competitors are Phoenix New Media Ltd, Magmag Inc, and JOYY Inc. all of which are based in China.
– Phoenix New Media Ltd ($NYSE:FENG)
Phoenix New Media Ltd is a leading new media company in China. The Company provides content on an integrated platform across Internet, mobile and TV devices. It offers a selection of professional media and user-generated content, including news, sports, entertainment, lifestyle and other content, to consumers in China. The Company also operates an online advertising network.
Magmag Inc. is a publicly traded company with a market capitalization of 1.72 billion as of 2022. The company has a return on equity of 1.64%. Magmag is a leading provider of magnesium products and services. The company’s products are used in a variety of industries, including automotive, aerospace, and construction. Magmag’s products are sold to customers in more than 50 countries around the world.
JOYY Inc. is a leading live streaming and social media platform in China. The company has a market cap of 1.99B as of 2022 and a Return on Equity of 1.9%. JOYY Inc. operates two popular live streaming platforms in China, YY Live and Bigo Live. YY Live is one of the largest live streaming platforms in China with over 100 million monthly active users. Bigo Live is a leading live streaming platform for gamers and young people with over 50 million monthly active users.
OUTBRAIN INC reported total revenue of USD 225.8 million for Q2 2023, a 10.0% decrease from the previous year. Net income increased significantly to USD 11.3 million from -10.3 million the year before. This was reflected in the stock price, which rose the same day. Investing in OUTBRAIN INC is an attractive option for investors due to its strong financial performance in recent quarters, despite revenue decreases.
The company’s ability to keep costs low and produce net income gains is an encouraging sign that profitability can be maintained even in difficult times. With this in mind, OUTBRAIN INC could be a wise investment choice in the short and long term.